Key Points
Despite a slump in the tech job market and vanilla coding skills going out of vogue, demand for software engineers trained in emerging technologies is on the rise, industry experts said...
An estimated 9-10 lakh additional jobs for skilled engineers will be created in the next 18 months to keep pace with the escalating demand amid rapid digitisation across tech and non-tech sectors, according to data from staffing company Teamlease Digital...
From 17% rise in 2023, demand for software engineers is seen rising by 22% in 2025 across sectors such as banking, financial, telecom, professional services and business consulting, GCCs, healthcare and automotive/EVs, among others...
"In India, the demand for skilled software engineers remains robust, with 5.2 million professionals already active in the field...Our projections show a significant uptick in demand in the next one and a half years," said Krishna Vij, business head, Teamlease Digital..
With a little over 90,000 active openings for different roles and associated skillsets, software engineering roles remain a significant one-third slice of the total active demand in the market," he said.. With a 15-19% YoY growth potential, software engineering is set to remain relevant and significant in the technology build and operate plans of IT and non-IT sectors alike, said Eshwar...