The report discusses Boston's technology industry as a major catalyst for economic growth, attracting jobs, businesses, and talent to the metropolitan area. JLL's Decoding Boston's tech CRE market report delves into the city's global dominance in the tech sector and highlights its ongoing trajectory for further expansion. Learn about:
- A global AI hub: Home to prominent AI companies like DataRobot and Lightmatter, Boston ranks 3rd in the US and 5th globally for venture funding in AI.
- A ‘tough tech’ leader: With the potential passage of a $1 billion Massachusetts climatetech initiative, Boston's position as a leader in 'tough tech', the intersection of science and engineering, sets the stage for ongoing market growth and could establish the state as a worldwide leader in climatetech.
- The destination for STEM talent: Boston, as the fourth most sought-after destination for career starters, has successfully retained a significant portion of world-class talent from its universities, which has consistently fueled the growth of the tech sector in the region.
To learn more, download our 2024 Decoding Boston's Tech CRE Market.
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