Armenian Code Academy (ACA), in partnership with the Technology Education Foundation and Step Consulting, announce the publication of the annual “Technology Market Report 2025”. According to the report, in 2024, the number of technology companies in Armenia was 1,253, of which 79% were local companies and 21% were branches of global companies in Armenia. The sector employs 58,700 specialists, which represents a 2% increase compared to 2023.
This comprehensive analysis of Armenia’s emerging tech sector provides important insights into the innovation landscape, workforce trends, and opportunities shaping the future of tech in Armenia. According to ACA founder Narek Aslikyan, “Armenia is becoming an increasingly attractive destination for tech companies, thanks to its talent and strong community. This report examines where we are today, what’s changing, what’s improving, and what challenges remain.”
The Tech Market Report is designed to serve as a vital resource for startups, investors, industry stakeholders, and professionals aspiring to enter the tech sector. The report, based on extensive data and expert analysis, highlights the potential and growth rates of Armenia’s tech ecosystem.
“While Armenia’s higher education institutions have historically had strong foundations, they are struggling to keep pace with the rapid changes in the technology industry. Continuing education must remain a priority to keep Armenia’s technology industry globally competitive. Embracing new educational models and remaining flexible as the industry shifts will be key to ensuring long-term success,” says Levon Tadevosyan, Director of the Technology Education Foundation.
The Technology Market Report 2025 is now available for download at Market Research 2025
This comprehensive analysis of Armenia’s emerging tech sector provides important insights into the innovation landscape, workforce trends, and opportunities shaping the future of tech in Armenia. According to ACA founder Narek Aslikyan, “Armenia is becoming an increasingly attractive destination for tech companies, thanks to its talent and strong community. This report examines where we are today, what’s changing, what’s improving, and what challenges remain.”
The Tech Market Report is designed to serve as a vital resource for startups, investors, industry stakeholders, and professionals aspiring to enter the tech sector. The report, based on extensive data and expert analysis, highlights the potential and growth rates of Armenia’s tech ecosystem.
“While Armenia’s higher education institutions have historically had strong foundations, they are struggling to keep pace with the rapid changes in the technology industry. Continuing education must remain a priority to keep Armenia’s technology industry globally competitive. Embracing new educational models and remaining flexible as the industry shifts will be key to ensuring long-term success,” says Levon Tadevosyan, Director of the Technology Education Foundation.
The Technology Market Report 2025 is now available for download at Market Research 2025