The Information Technology sector is a formidable force powering the Indian economy. Owing to the growing technological demand of industries and increasing adoption by consumer base, the IT sector is expected to grow to $ 350 billion in value and create up to 3 million additional jobs by 2025. Domestic as well as international integration of IT services has opened up a plethora of opportunities for the industry to pursue, and infrastructure for new age technologies has gained prominence.
Upon surveying hundreds of Business and Talent leaders through primary survey and exhaustive conversations, we have prepared a comprehensive report to help you flourish in the constantly changing environment.
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The IT industry has faced many challenges in the last few years. Not only did they face a stoppage of production during the pandemic, but the sector also experienced structural headwinds. However, the sector is seeing recovery and an uptick in hiring.
Sneak Peak of Decoding Jobs Sectorial Report
IT Sector’s hiring intent: 40% Positive
The high attrition rate of 15-20% in the industry has encouraged employers to experiment with gig workforce which constitutes 6-8% of the sector.
top skills in demand
New age technologies like Angular, Cloud (AWS), SDFC, Liferay, and J2EE are sought after by employers.
Data Analyst & Scientist
Machine Learning, Mobility
Head- Talent Acquisition
New skills coming up in IT industry are digital analytics, artificial intelligence, automation, and machine learning.
Chief Human Resources Officer
The exploding and ever-changing technology landscape has put premium on new age skills which are radically different from what it was a few years back, thereby creating a demand supply gap.