India has proved its mettle in the tech landscape and is standing tall as a beacon of growth and innovation. In the past few decades, India’s IT industry has evolved exponentially not only contributing significantly to the economy but showcasing global competitiveness. The future of the IT industry in India, is, therefore, projected and poised to advance further. Through this blog, we will try to understand the transformative trends, emerging technologies, and jobs in the IT industry that are shaping the future of the IT service industry.
Key Facts And Figures That Show The Promising Future Of The IT Industry In India
- IT businesses across the world are choosing India as their primary and best off-shore location.
- The steady surge in the export of software services is making room for more innovation and expansion in the Indian market.
- By the year 2025, the Indian business services and IT sector is expected to reach US$ 19.93 billion.
- The rise and prevalence of cloud is creating a plethora of jobs in the IT industry and is expected to create jobs for about 14 million people by 2026. This can boost India’s GDP by US$380 billion!
- The year 2025 is well-positioned to witness the Indian software product market to touch the $100 billion mark.
- From 2024 to 2028, IT revenue is expected to grow at the rate of 12.98%, which can yield a market volume of US$ 43.09 billion by 2028.
Top 5 Trends That Showcases Future Of The IT Industry In India By 2025
1. Embracing Digital Transformation
Looking at the increased adoption of digital technologies like artificial intelligence (AI), cloud computing, and data analytics, we can conclude that the pace is only going to speed up further. As a result, there will be more jobs in the IT industry to cater to the growing demand for skilled IT professionals in these areas. Making the most of the digital transformation, India is expected to chalk out solutions and provide services to meet the needs of various businesses across several sectors like manufacturing, healthcare, retail, and finance.
2. Increased Focus On Digital Skills
To reap the benefits of digital transformation, IT professionals constantly need to evolve and update their skills. As the future of the IT industry in India is expected to be more competitive, there will be a greater emphasis on knowledge about digital skills likes machine learning, data analysis, and coding. To sustain the jobs in the IT industry, professionals who can demonstrate these skills will be given preference.
3. More Focus On Cybersecurity
The future of the IT service industry largely relies on cybersecurity which has become a critical concern for both businesses and governments. By the year 2025, Indias IT industry will drive a heightened focus on cybersecurity. There will be more investments in advanced security solutions, cybersecurity frameworks, and threat intelligence to mitigate risks and safeguard digital assets. Furthermore, the jobs in the IT industry will rise to create opportunities for skilled individuals in the field of cybersecurity.
4. The Rising Importance Of Data Science
cybersecurity has proven to be a pivotal force across several industries aiding the decision-making process. With industries increasingly relying more on data, this is expected to grow further. As data is vital to the future of the IT service industry, the demand for data scientists is only expected to grow. Therefore, professionals with skills in machine learning and data analytics will rise by 2025.
5. The Gig Economy And Remote Work Model
The COVID-19 pandemic made remote work a common phenomenon. The gig economy powered by remote work seems to be the new normal and more organisations are now seeking professionals who are flexible enough to take up gigs remotely! This trend is likely to rise in the future with more jobs in the IT industry demanding flexible professionals.
IT Domains That Will Flourish In 2025 And Their Job Opportunities
Three main and popular IT domains are expected to boom by 2025, namely: Networking, Cybersecurity, and Cloud Computing. Let us have a look at these domains and their jobs in the IT industry.
1. Networking
Networking will form the crux of the future of the IT industry in India. Networking involves computer usage in sync with other devices to exchange information and communicate over a network. It focuses on the design, innovation, implementation, collaboration, and maintenance of networks that allow devices to connect between several organiations or within a single organisation.
Top roles associated with Networking:
- Network Administrator
- Network Engineer
- Network Analyst
- Network Security Specialist
- Network Architect
- Network Consultant
2. Cybersecurity
Cybersecurity is all about the protection of computer networks, systems, and devices from digital threats like viruses, hacking, and malware. Cybersecurity is an imperative aspect of the future of the IT service industry as it will play a vital role in the growth and development of this domain. With the evolving digital ecosystem, cybersecurity experts will be among the prominent jobs in the IT industry.
Top roles associated with Cybersecurity:
- Security Analyst
- Security Engineer
- Security Architect
- Security Consultant
- Security Manager
- Chief Information Security Officer (CISO)
3. Cloud Computing
Cloud computing facilitates computing services like storage, networking, processing, and software on the cloud. Individuals or organisations can conveniently access the resources on demand sans the need for any premise, infrastructure, or maintenance. All it requires is the internet!
Owing to the growing demand, cloud computing is set to offer even more jobs in the IT industry with vast career opportunities shaping up the future of the IT industry in India.
Top roles associated with Cloud Computing:
- Cloud Solutions Architect
- Cloud Developer
- Cloud System Administrator
- Cloud Security Specialist
- Cloud Project Manager
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Conclusion
Fuelled by digital transformation, skilled workforce, and technological advancements, the future of the IT industry in India is only expected to rise. India’s thriving ecosystem of MNCs, startups, global partnerships, and established firms is set to lead India on a global scale. Additionally, the success of novel initiatives like Skill India and Digital India is already proving India’s technological prowess with a promise of continued success in the future of the IT service industry.
If you wish to join the bandwagon of jobs in the IT industry, visit our website to know all about the several job openings that match perfectly with your skills and CV!
Frequently Asked Questions
The growth trends in the IT industry in India have been growing exponentially. The projected share of the global sourcing being taken care of by India is 50-60% as reported by several research studies.
The IT industry in India has been concentrated on the process of business outsourcing services. The year-on-year comparison of the progress made by the industry since the previous year has shown promising signs and a positive growth rate.
Reports have indicated that the healthcare sector will show one of the highest growths among other industries in India. However, this growth will come with the assistance of the IT industry by helping create a better-functioning health sector and creating new job opportunities.