Key Findings from the Web Summit 2024 Survey

Key Findings from the Web Summit 2024 Survey

The Web Summit 2024 Women in Tech Survey reveals significant insights into the experiences of women in the technology sector, highlighting both persistent challenges and strides toward equity. Conducted among over 1,000 women, the survey underscores the ongoing issues of funding, workplace sexism, and the balance between family and career. Despite these obstacles, many respondents express confidence in their abilities and the importance of supportive networks.

Key Findings:

1. Funding Challenges: 29.6% of women cited difficulties in securing funding as a major barrier to starting their businesses.
2. Workplace Sexism: A substantial 50.8% reported experiencing sexism in their workplaces.
3. Family vs. Career Pressure: Nearly 49.1% felt pressured to choose between family responsibilities and career advancement.
4. Performance Pressure: 75% indicated they felt the need to work harder than their male counterparts to prove themselves.
5. Leadership Confidence: 76% expressed confidence in pursuing leadership roles.
6. Management Representation: 80% acknowledged the presence of women in senior management positions within their organizations.
7. AI and Gender Equity: 68% view artificial intelligence positively regarding its potential to promote gender equity in the workplace.
8. Importance of Support Networks: Many identified unconscious gender bias and a lack of female role models as significant obstacles, emphasizing the need for community support.
9. Participation Growth in Women-Led Startups: The Women in Tech program saw participation from 1,000 women-founded startups in 2024, showcasing increased engagement.
10. Commitment to Progress: Despite the challenges, there is a strong commitment to fostering a more equitable environment for women in tech through initiatives like the Web Summit’s Women in Tech program.

These findings highlight the dual nature of progress and challenges facing women in the tech industry, emphasizing the importance of continued efforts to support and empower women.

Source: Web Summit 2024 Women in Tech Survey.