Written by: Daniel Haurey on 04/10/23

Denver, Colorado, is a bustling city that boasts some of the country’s most beautiful natural scenery and outdoor adventures, not to mention a booming economy with plenty of opportunities in numerous Denver industries. 

The city offers a range of job prospects and economic growth opportunities, including crude oil production, real estate, healthcare, financial services and high tech.

In this blog, we’ll take a closer look at the five top industries in Denver and what makes them stand out.

Exploring the Growth in Denver Industries 

As of 2023, Denver’s metro area population is 2,931,000, an increase of 1.17% from 2022. With no shortage of job growth and opportunity in the area, Denver has the sixth fastest growing economy in the United States.

Top Industries in Denver
Image Credit: Axios Denver

Let’s  learn more about how some  of the biggest industries in Denver are driving growth and the role that the following managed IT services play intheir success. 

1. Crude Oil Production

Denver is home to a significant portion of Colorado’s oil and gas industry. 

In fact, the state is the fifth-largest producer of crude oil in the United States – making it one of the biggest industries in Denver.

The oil and gas industry provides a substantial boost to the state’s economy, supporting  more than 340,000 jobs and contributing $46.1 billion toward the state’s gross domestic product.
Although the industry has faced some challenges in recent years, including environmental concerns and fluctuations in oil prices, it remains a vital sector in the city’s economy as one of the top industries in Denver.

Learn more about how Exigent’s insightful IT consulting services continue to drive companies forward in Denver’s top industries:

2. Real Estate

Real estate is a major industry in Denver, with a rapidly growing population and a thriving economy. 

In recent years, the city has seen a surge in new construction, including both commercial and residential properties, with an increasing number of Fortune 500 companies establishing operations locally. 

Located just 30 minutes from the heart of Denver, Google acquired an 125,000 square feet of office space in Boulder’s Rêve development back in 2021, which opened in 2023.

Other major construction projects have included:

  • An $85 million dollar expansion of the Colorado Convention Center
  • The expansion of three new buildings at The National Western Campus 
  • The 4.7-million-square-foot, mixed-use development of the River Mile to revitalize South Platte River outdoor spaces

As a result, the real estate industry in Denver is booming, providing opportunities for developers, investors, and real estate agents alike — all benefitting from one of the fastest growing Denver industries.

3. Financial Services

Denver is also home to a thriving financial services industry, with numerous banks, investment firms, and insurance companies located throughout the city. 

The industry provides a wide range of job opportunities, from financial analysts and advisors to loan officers and accountants. 

Major industry players include:

  • Fidelity Investments
  • Western Union
  • Guaranty Bancorp
  • Wells Fargo

4. High Tech

Denver’s high-tech industry has seen remarkable growth in recent years, with a wide range of companies specializing in everything from software development to robotics. 

The city’s location, skilled workforce, and entrepreneurial spirit have made it an attractive destination for both startups and established tech firms. As a result, Denver has become a hub for innovation and technology, with numerous job opportunities for software engineers, data analysts, and other tech professionals.

Some leaders in the high-tech industries in Denver include:

  • Arrow Electronics
  • Digital Globe
  • Google
  • Monday.com

Check out this blog about Denver’s tech scene to learn more about the local leaders in Denver’s top industries:

5. Healthcare 

Healthcare is another one of the top industries in Denver, Colorado. Here are some of the reasons why:

Growing population: Denver has a growing population, with a high number of retirees and older adults. As the population ages, there is an increased demand for healthcare services, including primary care, specialty care, and long-term care.

World-class healthcare facilities: Denver is home to some of the best healthcare facilities in the region, including University of Colorado Hospital, Children’s Hospital Colorado, and National Jewish Health. These institutions have a strong reputation for providing quality care and attracting top talent in the healthcare industry.

Research and innovation: Denver’s healthcare industry is known for its commitment to research and innovation. The city has a thriving biotech industry and is home to many research institutions, including the University of Colorado Anschutz Medical Campus, which is a leading research institution for cancer, neuroscience, and other diseases.

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Industries in Denver

Why Leaders in Denver Industries Look To Exigent

In conclusion, each one of these diverse  industries in Denver contribute to its robust economy and job market in their own different ways. 

Whether you’re a small business owner just starting out  or an experienced professional seeking a new challenge, Denver is a great place to build your career – with some of the best managed IT services companies in the area — such as Exigent Technologies —to back your growth. 

With highly skilled, trained and certified engineers led by a team of tenured  master management professionals and supported by a 24/7/365 helpdesk team, you can rest assured that you’re in good hands. 

Contact us today to fast-track your success with managed IT.


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