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Software and IT succession in Wales
26.9% of 3,717 trading software and it companies in Wales have a director aged 60 or over, against 21.9% for the sector across the UK.
3,717trading companies measured
26.9%have a director aged 60 or over
7.5%have a director aged 70 or over
61.5%are owner-run (one person or family holds 50%+)
62.3%have a single director
Other sectors in Wales
| Sector | Companies | Director 60+ | Director 70+ | Owner-run | Single director | Median age (yrs) |
|---|---|---|---|---|---|---|
| Construction | 11,072 | 29.8% | 9.4% | 57.1% | 60.0% | 8 |
| Professional services | 10,284 | 36.7% | 11.2% | 62.1% | 62.0% | 9 |
| Property | 9,965 | 35.8% | 15.6% | 42.4% | 44.7% | 7 |
| Hotels and food service | 5,637 | 30.8% | 10.7% | 52.3% | 55.5% | 6 |
| Health and care | 4,384 | 29.2% | 9.3% | 53.1% | 51.7% | 8 |
| Retail | 4,375 | 31.3% | 11.4% | 59.4% | 59.1% | 8 |
| Wholesale | 4,261 | 35.9% | 13.6% | 57.1% | 55.9% | 9 |
| Financial services | 2,960 | 35.5% | 11.5% | 48.8% | 46.4% | 7 |
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