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Recognized for the fourth consecutive year on the CBRE Scoring Tech Talent 2025, London makes a prominent jump from Top Emerging Tech Markets in North America, now ranking #4 on North America’s Next 25 Markets list, reaffirming the region’s reputation as a hub for innovation, growth, and talent.
Of North America’s Next 25 Markets, London has the greatest sector growth rate at 54.5% over three years with a total tech employment number of 20,700 jobs. Tech professionals in the city are also seeing significant gains, with average wages reaching $77,347 USD in 2024, a remarkable 33.8% wage growth since 2021. Home to Ontario’s most promising startups and highest potential scaling companies, the greater London area fosters an innovation ecosystem supported by a network of campus incubators, accelerators, centres for R&D, an innovation hub, and economic development organizations, all dedicated to growing London’s prosperity.
This achievement doubles down on London’s place among top innovative cities, cultivating a thriving technology community and attracting a top-tier tech talent, relative to traditional ecosystems.
“With a decade of steady growth fueling rapid momentum, London, ON is one of Canada’s top tech ecosystems and a globally recognized hub for innovation. Our time is now. At TechAlliance, we see extraordinary founders, bright minds, and bold ideas driving solutions to the world’s biggest challenges, and together we have established Southwestern Ontario as a catalyst for innovation and global impact.”
From groundbreaking startups to multi-national companies, the region claims its prominence as one of Canada’s top innovation hubs. TechAlliance supports this growth by fostering ventures, connecting tech talent, and opening access to resources, expertise, and capital that strengthen a globally competitive tech corridor.
"London’s recognition as #4 on North America’s Next 25 Markets is a milestone achievement for our city and the innovators who build and invest here. London has firmly established itself as a centre for technology and talent, where businesses can grow, thrive and meet their full potential. I’m proud of TechAlliance’s leadership in shaping Canada’s innovation economy."
View the full CBRE Scoring Tech Talent 2025 here.