Tech job market in India is booming with a surge in demand for specific skill sets, says the ‘Annual Digital Skills Report FY24’ by Quess Corp.

According to the report, over two-thirds (66%) of all tech jobs require expertise in just five core areas: Development (35%), ERP (12%), Testing (7%), Design & Engineering (7%), and Networking (5%).

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However, the report also identifies a growing need for professionals with skills in emerging technologies. Cloud computing (up 16% since H1FY24), cybersecurity (up 215%), and data analytics (up 256%) are experiencing significant demand.

The report highlighted that the rise of cloud computing is driven by its scalability and cost-efficiency, leading to a surge in jobs for cloud architects, engineers, and security specialists who can manage and optimize cloud infrastructure and applications.

Cybersecurity is another hot area, with businesses migrating operations and data to the cloud.

This necessitates robust cybersecurity measures, requiring skilled talent to identify vulnerabilities, implement security protocols, and manage incident response plans.

Notably, the Cyber Security Bill further emphasizes the need for cybersecurity professionals by addressing the evolving digital landscape and encouraging the development of skilled professionals in this field.

Data analytics is also experiencing explosive growth as organizations leverage data to gain insights. This fuels demand for data analysts, data scientists, and business intelligence specialists.

Beyond core tech skills, the report also highlights promising trends in tech hiring across various industries. Finance (BFSI 19%), automotive (15%), consulting (9%), and product development (6%) are all showing significant growth in tech talent needs.

Traditional sectors like automotive and aerospace remain strong, there’s a clear expansion into areas like semiconductors, electronics, and electrical industries.

This diversification reflects the industry’s embrace of technology and focus on innovation in product development and supply chain management.

Further, the retail sector is another area undergoing a tech transformation.

Amid the spike of e-commerce and omnichannel retailing, the demand for tech talent skilled in data analytics, AI, and digital marketing has skyrocketed. These professionals leverage technology to optimize operations, personalize customer interactions, and gain consumer insights, ensuring competitiveness in this dynamic landscape.

In terms of the area-wise development, the report said that a staggering 68% of hiring requests flow through Bengaluru, Chennai followed by the West (16%), North (8%), and East (2%).

In the commercial real estate market, Bengaluru, NCR, and Hyderabad reign supreme, collectively capturing 65 per cent of office space leasing activity.