For more than 30 years, Silicon Valley, in San Francisco’s Bay Area, has been the focal point for modern technological innovation and development. Some of the world’s largest companies — including Apple, Google and Intel — got their start here. This 30-year growth arc has created an industry that is worth almost $3 trillion in the US alone, just counting companies listed on the world’s stock exchanges. In addition to economic growth, the various companies in the technology market have created a tremendous number of jobs. A recent study by US-based business and research association, The Conference Board, found that demand for computer and mathematical science workers rose by 42,400 positions in the first half of 2012, and that vacancies now outnumber job seekers by 4.5 to 1.
Source: Knight Frank