2,50,000 new jobs in IT sector in 2019: TeamLease report

Tech talent will be in demand not just in IT and start-up companies, but in non-tech companies as well.

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The coming year promises to be good for job seekers in the Indian IT sector, which is all set to grow rapidly. As per a report by human resource and staffing solutions provider, TeamLease Services, approx. 2,50,000 new jobs will be added in the IT industry in 2019.

The growth trend is attributed to the ‘Digital India’ initiative, which has also pushed the growth in the telecom and e-commerce sectors. In addition, there has been an increase in investments in digitisation and automation along with a spurt in financial services and digital businesses. Not surprisingly, new organisations are coming up to help see companies through their digital transformation journeys and accomplish their digitisation/automation goals.

According to the report, the coming years will see positive growth in hiring in the fields of computers, architecture and engineering. 2019 will also witness the launch of 5G services, which will further raise the demand for technology professionals.

By 2020, job opportunities will rise by 25 per cent with a rise in demand for data analytics in various sectors. Computer software developers, information security analysts, mobility experts, cloud engineers, DevOps professionals, network analysts and cyber-security experts will be in great demand. Data analysts and machine learning experts will be much sought after in the health sciences and financial technology fields.

There will also be a salary hike of 10 to 13 per cent in the IT sector. Artificial intelligence developers, machine learning experts and data analysts will draw the maximum salaries.

Diversity hiring will gain prominence in times to come. Maximum employment opportunities will come from start-ups with their increasing interest to adopt AI, robotics, blockchain and IoT. Non-technology firms will also add to employment opportunities for IT talent.

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