A report from Quess IT Staffing predicts that emerging technologies such as artificial intelligence (AI), cybersecurity, cloud computing, and data science will generate around one million new jobs in India by 2030. The ‘Technology Skills Report, December 2024’ highlights that advancements in these fields, along with blockchain and quantum computing, are revolutionizing industries like BFSI, healthcare, and retail. These transformative technologies are paving the way for innovative applications and driving significant economic contributions.
To meet this demand, strategic investments in upskilling the workforce will play a critical role. The IT workforce in India is anticipated to grow from 5.4 million to 7.5 million by 2030, creating over two million jobs and contributing $150 billion to the nation’s economy.
The report also underscores the surging demand for specialized skills such as blockchain, which experienced a 60% rise in roles in India between 2021 and 2023. Cloud computing saw global hiring increases of 30-35% year-on-year in 2023. Meanwhile, AI and machine learning (ML) are enhancing areas like fraud prevention, personalized healthcare, and inventory optimization.
Bengaluru remains the epicenter of tech recruitment, accounting for nearly 43.5% of demand, with Hyderabad and Pune following closely. As these trends continue, India is cementing its position as a leader in the global technology sector.
