A recent report from the Israel Innovation Authority (IIA) highlights the impact of the ongoing war on Israel’s tech sector, revealing a landscape of resilience amid challenges.
Despite the turmoil, the industry raised nearly $9 billion from October 2023 to August 2024, solidifying Israel’s status as the third largest global tech hub and its high-tech salaries are now triple the national average, reflecting the sector’s lucrative potential.
Looking forward, the report emphasizes that with robust government support and strategic investments, Israel’s tech industry could sustain its global leadership and achieve significant growth post-crisis.