San Diego’s Cyber Economy

San Diego’s Cyber Economy

A unique convergence of assets that exists nowhere else
The San Diego region is ideally positioned to capitalize on the ever-growing global demand for cybersecurity products and services.

A Vibrant Innovation Economy
San Diego’s entrepreneurial environment has fostered startups to multinational companies in cybersecurity, software development, information technology, communications and defense. The ecosystem includes incubators, financiers, experienced service providers and non-profits that support more than 1,000 firms focused exclusively on cybersecurity. In addition, the proximity of research and development facilities to Northern Mexico’s manufacturing hubs allows for the development of quick-to-market products. Industry leaders Qualcomm, ESET, FICO and Sempra are proud to call San Diego home.

Education and Research
San Diego’s universities and colleges annually graduate 3,672 students across 45 programs in the cybersecurity, computer science and engineering fields. These institutions also support cutting-edge research through resources like the Super Computing Center at UC San Diego. San Diego’s universities annually receive billions in philanthropic and federal funding for research and development projects.

Department of Defense Presence
NAVWAR San Diego is home to the Navy’s Naval Information Warfare Systems Command (NAVWAR). NAVWAR directly employs nearly half of all the cybersecurity jobs in San Diego (>3,432) and its presence in San Diego is a major talent attraction and economic driver. NAVWAR’s total budget for 2022 was $10 billion, of which $7.3 billion was set aside for private industry contracts, including $1.7 billion for the San Diego region.

Combined
By drawing on all these resources and bringing them together in a focused, unified effort, CCOE is here to ensure that San Diego takes full advantage of the economic opportunity before us.

Read the Report:
CCOE and San Diego Regional EDC’s Cybersecurity is Everyone’s Business: San Diego’s Cyber Industry Study, October 2023

By The Numbers

Rising job growth and economic impact coupled with a robust talent pool

Sources: CCOE and San Diego Regional EDC’s Cybersecurity is Everyone’s Business: San Diego’s Cyber Industry Study, October 2023 and CCOE and San Diego Regional EDC’s Securing the Future: AI and San Diego’s Cyber Industry Study, June 2021