Growth Sectors

Technology and engineering

People employed:

161,000

GVA:

£4.7 billion

Scotland has been at the forefront of global innovation since the industrial revolution. Today we're more likely to be engineering software than steam engines, and we're developing the sort of high-tech solutions your company could be looking for. With a highly-skilled workforce and growing numbers of graduates in relevant subjects, Scotland offers expertise across wireless communication, big data, and Internet of Things. You'll also find experts in digital health, software, sensor and digital technologies.

More about tech in Scotland from Scottish Development International

Financial services

People employed:

86,200

GVA:

£15 billion
(with global business services)

Scotland has a centuries-long heritage in financial services and remains one of Europe's most important financial centres. Today our talented workforce is showing its adaptability. Domestic companies and inward investors from around the world explore new opportunities in areas like fintech and cyber security, alongside more traditional financial services operations.

More about financial services in Scotland from Scottish Development International

Fintech / financial technology

Fintech / financial technology
People employed:

15,000 (potential)

GVA:

TBC

Scotland’s fintech sector offers fantastic commercial opportunities. It already hosts major players in the global fintech scene, and is set to grow even bigger. With over 86,000 people working in its financial services and 100,000 in digital technology, Scotland is the perfect place to expand your fintech firm. Scotland has a bold ambition to become a top 10 Global FinTech Hub Federation place by 2020, and to create 15,000 financial technology jobs by 2026.

More about fintech in Scotland from Scottish Development International

Global business services

People employed:

131,400

GVA:

£15 billion
(with financial services)

With over 500 global business services companies and contact centres, Scotland is home to some of Europe's largest companies. In fact, in 2016, global business services projects were the largest source of foreign direct investment in Scotland. If your company would benefit from a skilled workforce, supplemented by over 95,000 graduates each year, Scotland could be the answer.

More about GBS in Scotland from Scottish Development International

Life sciences and biotech

People employed:

30,000

GVA:

£1.3 billion

Scotland can offer your life sciences company a collaborative environment, a commitment to research and a thriving industry cluster. Scotland is home to over 500 life sciences companies with opportunities to work in partnership with one of our 19 universities and the NHS, Scotland's healthcare provider. Scotland's expertise covers a range of activities, including medtech, pharma services, regenerative medicine, animal health, aquaculture and industrial biotech.

More about life sciences in Scotland from Scottish Development International

Aerospace and space

People employed:

16,000

GVA:

£4.6 billion

Where once the world looked to Scotland for trains and ships, now we're famous for our satellite technology. Space and aerospace companies investing in Scotland find a strong industry cluster supported by a supply chain with extensive experience in advanced engineering. There are plans in place to develop a £4 billion Scottish space industry by 2030. Companies like Spire and Chevron already here, so your company could find Scotland the perfect place to expand and grow.

More about aerospace in Scotland from Scottish Development International

Oil and gas

People employed:

168,750

GVA:

£6.6 billion

Innovative and experienced, Scotland's oil and gas expertise has been forged by over 50 years experience in the harsh environment of the North Sea. Today that expertise is in demand around the world, as Scotland leads the way in maximising recovery, decommissioning and digital offshore. Global oil and gas companies continue to invest in Scotland, realising the benefits of a supportive business environment and a mature supply chain of around 2,000 companies.

More about oil and gas in Scotland from Scottish Development International

Creative Industries

People employed:

73,600

GVA:

£3.7 billion

A recent survey showed that 91% of Scotland's population takes part in at least one cultural activity each year. That's just one reason why our creative industries are thriving. From digital media to film and television to games, Scottish talent is flourishing locally and in demand in international markets. It's little wonder that TV epics like Outlander and bestselling games like Grand Theft Auto have ties to Scotland.

More about creative industries in Scotland from Scottish Development International

Renewables

People employed:

21,500

Case study:

Equinor

Natural resources, an experienced energy sector and a supportive business environment make Scotland a leading destination for renewable energy companies like yours. The world's first floating offshore wind farm, operated by Equinor and Masdar, has recently started producing electricity off the coast of Aberdeenshire. And, with our universities committed to collaborating on new technologies, Scotland is at the forefront of development in heat technology, onshore and offshore wind and marine energy.

More about renewables in Scotland from Scottish Development International

Textiles

People employed:

8,200

GVA:

£0.35 billion

Chanel, Gucci, Hermes - these are just a few of the globally-recognised fashion brands that recognise Scotland as the home of textiles. The modern textile industry in Scotland benefits from a unique mix. Our rich heritage blends with the creativity of our people and our commitment to innovation to produce fashion and interiors goods that are in global demand. Scotland produces high-quality textiles in lambswool, cashmere and tweed, and companies that invest here benefit from an established network of designers and manufacturers.

More about textiles in Scotland from Scottish Development International

Tourism

People employed:

217,000

GVA:

£3.7 billion

With breathtaking scenery and history in every valley and glen, Scotland has long attracted tourists from around the world. Today the industry supports around 14,000 companies, boosted by our growing reputation as a leading location for global events. Our cities are year-round destinations. This helps drive demand for accommodation and makes Scotland a particularly attractive choice for international hotel operators looking to secure valuable returns on their investment. VisitScotland also works closely with businesses, local authorities and other tourism stakeholders to maximise the economic benefits of tourism to Scotland.

More about tourism in Scotland from Scottish Development International

Chemical sciences

Chemical sciences
People employed:

10,000

GVA:

£0.89 billion

Case study:

GSK

With annual exports of £4.5 billion, Scotland’s chemical sciences sector has already attracted global companies like FujiFilm, DSM, GlaxoSmithKline, DuPont Tejin Films Dow and Sygenta. So, by investing here you’ll be in good company. We’re also consistently ranked in the world’s top three locations for chemical sciences research and development in terms of productivity and influence. Around 1,000 graduates a year supplement our talented and experienced workforce.

More about chemical sciences in Scotland from Scottish Development International

symbolset/rightCombined ShapePage 1Page 1MAP/CLOSEMAP/CLOSEyoutube black circleGroup