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Infographic: Is Vancouver a Legitimate Tech Hub?

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Part 1: The History of Tech in VancouverPart 2: Is Vancouver a Legitimate Tech Hub?Part 3: Future of Tech in Vancouver - Coming Aug 2014

Is Vancouver a Legitimate Tech Hub?

Part 1: The History of Tech in VancouverPart 2: Is Vancouver a Legitimate Tech Hub?Part 3: Future of Tech in Vancouver - Coming Aug 2014

Is Vancouver a Legitimate Tech Hub?

In the first part of this series, we covered the history and rise of technology in Vancouver with an in-depth timeline infographic.

Today, our piece compares the Vancouver startup ecosystem against the other major tech hubs in North America.

If you’re asking yourself whether or not Vancouver is able to directly compare with Silicon Valley, the answer is a resolute “no”. To put things in perspective, Silicon Valley boasts at least 10x more tech employees, 20x more venture capital deals, and an unsurpassed track record of success.

In fact, California alone grabbed a hefty 47% of all North American venture capital funding in 2013.

That said, there is no question that Vancouver is trending in the right direction. For starters,Vancouver has some of the best support for entrepreneurs with a high ratio of mentors and incubators per capita. Venture capital figures are rising and some great success stories are popping up.

Facebook, Twitter, Amazon, and the rest of the big boys are all setting up shop in the Rainy City. Even the mayor and city are on the bandwagon.

While the numbers don’t quite stack up against Silicon Valley or New York yet, there is plenty to be excited about. Stay tuned: we’ll tackle the future of tech in Vancouver in Part 3 of this series.

Connect with us on Facebook, Twitter, LinkedIn, or our email list to get our next update. 

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Mapped: Internet Download Speeds by Region

North America and East Asia have the speediest internet.

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Map illustrating median download speeds in each global region.

Mapped: Internet Download Speeds by Region

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

In today’s fast-paced world, internet speed isn’t just a convenience—it’s the driving force behind how we work, play, and connect.

In this map, we illustrate median download speeds in each global region, based on data from the World Bank’s Digital Progress and Trends Report 2023.

North America and East Asia Have the Speediest Internet

According to the World Bank, download speeds in high-income countries increased significantly between 2019 and 2023, while speeds in lower-income countries stagnated.

As of 2022, North America and East Asia have the speediest internet.

RegionMedian mobile download speed (Mb/sec)Median fixed broadband download speed (Mb/sec)
East Asia & Pacific90171
Europe & Central Asia4485
Latin America & the Caribbean2674
Middle East & North Africa3636
North America83193
South Asia2743
Sub-Saharan Africa1615

This difference in broadband speeds can mainly be attributed to investment.

In 2020, nearly 90% of global telecommunication investment came from East Asia and the Pacific, Europe and Central Asia, and North America. These regions not only concentrate the highest-income population but also the top technology hubs.

Meanwhile, low- and middle-income regions such as Latin America and the Caribbean, South Asia, and Sub-Saharan Africa accounted for less than 10% of total investment.

Most of the investment is directed towards fiber optic and 5G mobile networks. According to the mobile industry association GSMA, mobile operators alone are projected to invest more than $600 billion between 2022 and 2025, with 85% of the total allocated for 5G.

In 2023, broadband speeds in high-income countries were 10x faster for fixed connections, and 5x faster for mobile connections compared to those in low-income countries.

Fixed broadband connections, which provide high-speed internet to residences or businesses, reached 38% of the population in high-income countries. In comparison, fixed broadband penetration was only 4% of the population in lower-middle-income countries and almost zero in low-income countries.

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