IT Service Hiring Expected To Grow 10-12% In Next Six Months

Demand for talent across Global Capability Centres and Cybersecurity during the second quarter (July-September) sequentially surged across the country by 71% and 58%, respectively, compared to the previous quarter.

PTI

This report is based on data from the first two-quarters of Fiscal 2025 from Quess IT Staffing's operations

(Photo Source: Envato)

IT services hiring is expected to grow 10-12% in the next six months following rapid evolution of technology which is reshaping industries and economies worldwide, a report said on Wednesday.

Emerging technologies such as Generative AI, Deep Tech, and Quantum Computing emerge are set to create over a million jobs by 2030, the report by business services provider Quess Corp said.

The report revealed that demand for talent across Global Capability Centres and Cybersecurity during the second quarter (July-September) sequentially surged across the country by 71% and 58%, respectively, compared to the previous quarter.

This report is based on data from the first two-quarters of Fiscal 2025 from Quess IT Staffing's operations that analyses the evolving aggregate tech hiring demand and related insights to give leaders a clear understanding of what the talent market looks like.

"India, with its burgeoning tech talent pool and innovative spirit, is at the forefront of this digital revolution. Therefore, IT services hiring will grow 10-12% in the next six months," Quess IT Staffing Chief Executive Officer Kapil Joshi said.

According to the IT Staffing Quarterly Digital Skills Report second quarter of Fiscal 2025 report, 79% of the aggregate demand emerged from the top five skill suites, including Development, ERP, Testing, Networking and Data Science.

In addition to these functional skill suites, there was a rapid increase in specialized roles and skills related to Java (30%), cybersecurity (20%), and DevOps (25%) between the first quarter and second quarter of FY25, it said.

Meanwhile, the report also found that in the second quarter of Fiscal 2025, technology talent demand saw a distinct trend across various IT Services firms leading by 37%, followed by Hi-Tech (11%), Consulting (11%), Manufacturing (9%) and BFSI (8%) firms.

The report revealed that GCCs have emerged as the powerhouse of tech hiring in India during the second quarter of Fiscal 25, driven by a robust demand for skills in roles such as AI/ML, Analytics, Cybersecurity, Cloud, and DevOps, which have applications across various sectors.

When it comes to geographies, the report found that the tech landscape in the country is experiencing a boom, with Bengaluru emerging as the undisputed leader.

A staggering 62% of hiring requests flow through this region, followed by the West (14%), North (8%), and East (0.4%), said the report.

After Bengaluru, the city-wise landscape in demand sharing is followed by Hyderabad (43.5%) and Pune (10%), it added.

Further, the report revealed that there has been a surge in talent demand across various cities due to the expansion of GCCs in India.

These companies focus on hiring skilled professionals from fields like e engineering, IT, finance, and analytics, which has led to firms looking for hiring from the talent pools of tier II and III cities, it added.

Also Read: Karnataka Empowers GCCs With Policy Initiatives, Announces New Innovation Districts

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
GET REGULAR UPDATES