Indian IT job market set for 8.5% growth by 2025
TELANGANA, INDIA — The IT job market in India is set for substantial growth, with an anticipated 8.5% increase in job roles by 2025. This resurgence follows a period of stagnation experienced late last year and early this year.
According to a report by global job matching and hiring platform Indeed, companies are now actively increasing their recruitment efforts as they recover from the slowdown
Software development leads job listings
Indeed’s data indicates that approximately 70% of tech jobs on its platform are software-related. This trend is largely driven by the rapid adoption of technologies such as artificial intelligence, machine learning, and blockchain, which have heightened the need for specialized software development.
The thriving tech startup ecosystem also plays a crucial role as new ventures prioritize hiring developers to build and scale their products.
High-demand IT roles, specialized skills
The report highlights an increasing demand for roles like Application Developer, Software Engineer, Full-Stack Developer, Senior Software Engineer, and PHP Developer.
Additionally, there is a rising need for NET Developers, Software Architects, DevOps Engineers, Data Engineers, and Front-End Developers.
This demand is fueled by the ongoing need for software updates, security patches, and new features to meet evolving user needs and technological advancements.
Companies rebound with aggressive hiring strategies
“The IT sector has consistently stood as a major employment powerhouse,” stated Sashi Kumar, Head of Sales at Indeed India.
“However, recent quarters saw a slowdown in hiring, with companies exercising caution as they navigated through global uncertainties and economic shifts. Now, the tide is turning. Companies are actively ramping up their hiring efforts. We can also expect Global Capability Centers to significantly contribute to this uptick in hiring, particularly in software and technological roles.”
Impact on the global economy
As the IT industry rebounds, the focus on hiring skilled professionals is expected to continue, driving growth and innovation in the sector. The projected increase in job roles underscores the critical role that technology plays in the modern economy as businesses seek to leverage new technologies to stay competitive.
This growth is expected to benefit the Indian market and have a positive impact on the global economy as companies worldwide look to India for tech talent and innovation.
