Forget San Francisco - these 6 global cities have thriving tech hubs that could make them the next Silicon Valley
- Silicon Valley may be the world's largest tech hub, but it's not the only one.
- From Tel Aviv to Stockholm, several global cities have come to be shaped by booming tech industries.
- Many of these startup scenes are attracting young workers and creating a new wave of wealth.
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Move over, Silicon Valley - cities across the globe are vying for a spot as the world's leading tech hub. Several have even been called "the next Silicon Valley" or dubbed the Silicon Valley of their country or region.Major cities like London and New York have witnessed growing tech sectors, while others, like Sydney, are undergoing government plans to become their own Silicon Valley. While it seems that many big cities these days are turning into tech hubs, only a few are truly being defined by their tech industries.Advertisement
Read more: Disappointing photos show what living in San Francisco on a tech salary really looks like
Many of these flourishing tech hubs are not only attracting young workers but also ushering in a new wave of wealth, resulting in changes like luxury property booms and old neighborhoods undergoing revitalization periods.From Tel Aviv to Berlin, take a look at six global cities that have been likened to Silicon Valley.
Tel Aviv, Israel, a growing tech hub, has seen a boom in luxury real estate.
Berlin, Germany, has a thriving tech scene thanks to its bounty of affordable property.Advertisement
Shenzhen, China, is the country's main tech hub.
Lisbon, Portugal, has an emerging startup scene thanks to accelerator funding and plenty of coworking spaces.Advertisement
Bengaluru, India, has evolved from cheap labor to booming startups.
Stockholm, Sweden, is home to plenty of coders and unicorns, leading the tech industry in Scandinavia.Advertisement
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