The ICT Sector in Madrid

Madrid: A Fertile Ground for the Growth of ICT Companies

The madrid region stands as one of Spain and Europe's foremost technological hubs. The city hosts numerous leading ICT companies, innovative startups, and renowned research centers. This concentration of resources has turned the region into a major ICT hub.

Easy Access to Highly Skilled Digital Workforce

The city of Madrid boasts a well-developed higher education system, with 19 universities, including 7 public and 12 private institutions, producing around 40,000 graduates annually.

Furthermore, Madrid draws some of the world's most prestigious business schools:

• Instituto de Empresa

• ESADE

• IESE

• IE Business School

University graduates constitute 50% of Madrid's human capital, providing businesses with competent and skilled workforce.

Establishing in Technological Business Parks

The Madrid region features a dynamic ecosystem of ICT startups. Districts like the Madrid International Lab and the Madrid Startup District provide offices, co-working spaces, incubators, and events for tech entrepreneurs. Investments in ICT startups continue to contribute to the growth of this ecosystem, resulting in purpose-built spaces designed for industry players.

Over 50,000 square meters of office spaces have become available since the 2nd quarter of 2023, catering to young startups and established digital sector companies.

ICT Companies Established in Madrid

The region sustains this momentum by hosting numerous events every year, such as the South Summit, bringing together entrepreneurs, investors, and ICT experts to share ideas and foster collaborations. This vitality positions the Madrid region as a major attraction and a pivotal place for the growth of digital sector companies.

Within various technology parks or dedicated digital office spaces, a significant number of ICT companies have now found their home in Madrid.

Key Figures

• 13,020 active ICT companies in 2018

• A turnover approaching €106.343 billion in the ICT domain

• Madrid ranks 2nd in territories with the highest job creation related to technology

• 236,000 positions created in the digital sector

 

They Have Chosen Madrid to Establish Their Site:

• ASPY SYSTEM S.L.

• QUALITY OBJECTS S.L.

• OFICINA DE COOPERACION UNIVERSITARIA S.A.

• AUBAY SPAIN SA.

• WISEDAT.

• BUILD2 EDIFICA, S.A.

• ADVANCED MEDIALABS S.L.

• INGENIEROS Y PROFESIONALES ESPECIALIZADOS J J G S.L.

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