Now in its 12th year, the GSER provides insights into the world’s leading startup ecosystems, emerging trends, and key challenges facing entrepreneurs. It is based on extensive research and analysis of data from 4.5 million startups across 300 global ecosystems and over a decade of independent research and providing policy advice to more than 160 economic and innovation ministries and public/private agencies in over 55 countries.
The Global Startup Ecosystem Report 2024 (GSER 2024) is a comprehensive analysis of the current state of startup ecosystems worldwide. With the GSER 2024, we hope to provide valuable perspective on the global startup landscape and actionable recommendations for entrepreneurs, investors, policymakers, and other stakeholders looking to drive innovation and economic growth even in these challenging times.
Key Insights
- The top three ecosystems have maintained their same positions from 2020, with Silicon Valley remaining at the top, followed by New York City and London tied for #2.
- Tel Aviv has moved up one rank and is now tied with Los Angeles at #4.
- Tokyo has entered the top-10, moving up an impressive five places to #10 from #15 in the GSER 2023, marking the most significant improvement among the Top-10 ecosystems.
- Seoul has moved up 3 spots and is now ranked #9, entering the top 10 ecosystems.
- Miami has also made impressive progress, reaching #16 in the top 20 ecosystems, an improvement of seven positions from last year.
- The top two Chinese ecosystems have dropped in the overall rankings: Beijing by one place and Shanghai by two, now standing at #8 and #11, respectively. However, Shenzhen has shown impressive growth, moving up seven spots to rank #28.
- Paris has moved up an impressive four places from last year to reach #14.
- Both Zurich and Munich have moved up by five and four positions, respectively, entering the top 35 at #31 and #33.