Over 85% of US- and UK-based tech businesses plan to expand into new global markets. Of those surveyed, over 50% are doing so to expand their customer base—and over 42% are driven by a desire to recruit the best global tech talent.
The State of Global Expansion 2019 Report highlights these trends and more based on a survey of 1,000 tech executives in these regions. Also included is a Global Expansion Tech Index that provides tech firms with a guide of the most promising countries to consider for international expansion.
Download the report to find out what international markets top the list for global expansion, ambitions and sentiments for companies looking to expand, and what hurdles are on tech companies' minds.
Velocity Global is the leading provider of global employment solutions, offering premium service and unmatched expertise in over 185 countries. Velocity Global has reinvented the way companies expand internationally with its innovative International PEO solution, allowing companies to enter markets quickly and efficiently to achieve their global growth goals.