IT Job Market Set to Grow 15-20% in 2025, Says NLB Services Report

IT Job Market Set to Grow 15-20% in 2025, Says NLB Services Report

The IT sector in India is on the rise. According to a recent report by NLB Services, job opportunities in the IT industry are expected to grow by 15-20% in 2025.

Recovery and Growth

High Demand for Specialized Roles

There is a growing need for specialized tech roles. Areas like Artificial Intelligence (AI), Machine Learning (ML), Data Analytics, and Cloud Technologies are in high demand. NLB Services expects a 30-35% increase in these roles due to the rise of emerging technologies.

Focus on Upskilling

Companies are not just hiring more but also investing in training their employees. This focus on upskilling ensures that the workforce is equipped with the latest skills needed in the tech industry. Training initiatives are helping workers stay updated with the evolving technological landscape.

Campus Hiring Remains Strong

Campus hiring continues to be a key strategy for large companies. NLB Services highlights that many firms are planning to hire aggressively in the second half of 2024-25. This trend will benefit new graduates looking to start their careers in IT.

Overcoming Past Challenges

Since the global economic slowdown in 2021-22, the IT sector faced challenges like reduced discretionary spending and fluctuating hiring patterns. However, the outlook for 2025 is optimistic. The project pipeline is expected to stabilize, bringing new job opportunities for job seekers.

Sector-Wide Impact

The increase in IT jobs is not limited to one area. Sectors such as Global Capability Centres (GCCs), Manufacturing, BFSI (Banking, Financial Services, and Insurance), Healthcare, and Retail will also see a boost in IT hiring. These sectors plan to increase their IT fresher intake by 30-35% in 2025.

Preparing for the Future

With the anticipated growth, students and professionals are encouraged to enhance their skills in high-demand areas. Pursuing courses in AI, ML, Data Analytics, Python, Cloud Technologies, and Cybersecurity can open up more career opportunities.

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Jaishree Gorane
https://distancelearninghelp.com/

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