IT Sector Poised for 15-20% Job Growth in 2025: Report
The IT industry is regaining momentum and is set for a significant revival in 2025, according to a report by talent solutions provider NLB Services. As businesses across industries invest in emerging technologies, the sector is projected to witness a 15-20% growth in job opportunities.
Rising Demand for Tech Roles
Freshers can look forward to increased hiring in high-demand roles, particularly in artificial intelligence (AI), machine learning (ML), data analytics, Python, cloud technologies, and cybersecurity. Demand for specialized tech skills is anticipated to surge by 30-35%, driven by the rapid adoption of cutting-edge technologies.
Upskilling Takes Center Stage
To meet the evolving demands of the industry, organizations are heavily investing in upskilling their workforce. Comprehensive training programs are being implemented to equip employees with critical skills required for the future.
Focus on Campus Hiring
NLB Services highlights campus recruitment as a strategic priority for larger companies aiming to bolster their workforce for the second half of 2024-25. Industries such as Global Capability Centres (GCCs), manufacturing, BFSI, healthcare, and retail are also expected to ramp up IT fresher hiring by 30-35%.
Recovery from Global Challenges
The global economic slowdown of 2021-22 had slowed project pipelines and led to cautious hiring trends. However, 2025 is expected to mark a turning point, with stabilization in spending patterns and renewed growth in IT job opportunities.