Job Postings In IT Sector Rise 41% In Hyderabad, Bengaluru Sees 24% More Demand: Report

namit singh sengar namit singh sengar | 05-26 00:11

Indeed, a global job matching and hiring platform, has released new data highlighting the state of Information Technology (IT) jobs from the period of April 2023 to April 2024.

According to data, job postings in the IT sector have increased by 41.5% in Hyderabad and 24% in Bengaluru, highlighting the growing prominence of these cities as top destinations for IT professionals.

Interestingly, there has also been a significant increase in job clicks, with a 161% rise in job seeker interest in Hyderabad and an 80% increase in Bengaluru.

National Decline

Overall, there has been a decrease in IT job opportunities nationally, with job postings declining by 3.6%. This indicates that tech companies are being cautious in hiring due to the uncertain global economic climate.

Sashi Kumar, head of sales, Indeed India, said, “Software and IT positions seem to be highly sought after, not just by those currently working in the field but also by individuals looking for new career opportunities. Despite the layoffs, the appeal of IT jobs has risen. This strong interest in IT could also be due to the extensive skill specialisation, training, and experience typically necessary for these roles.”

What Job Seekers Should Do?

Kumar suggests that to navigate this job market, job seekers should focus on acquiring skills that will make them stand out in a competitive talent pool. The key skills in demand today are analysis and proficiency in agile methodologies.

Top 5 IT Skills and % of Jobs:

This data is pooled from job postings and job clicks on Indeed’s platform between April 2023 to April 2024.

About the Author
Namit Singh Sengar
Namit writes on personal finance, economy and brands. Currently contributing to News18.com as a Senior Sub Editor in the business vertical. Prior to t...Read More

Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.


ALSO READ

China's Zeekr launches EV in Australia, eyes New Zealand next

Chinese EV maker Zeekr's has begun sales of its first model for Australia. Chinese EV maker Zeekr's ...

Hyundai is for the long haul and do not expect to make quick buck on listing: Dipan Mehta

Dipan Mehta, Director, Elixir Equities.Dipan Mehta, Director, Elixir Equities, says Hyundai compares...

EV chipmaker Wolfspeed set to receive USD 750 million US chips grant

Wolfspeed's devices are used for renewable energy systems, industrial uses and artificial intelligen...

Rio Tinto Q3 iron ore shipments rise, Simandou on track for 2025

Rio said iron ore production from its Iron Ore Company of Canada (IOC) operations fell 11% following...

Hyundai issue is for long-term investors; expect 16-18% growth in next 2-3 yrs: Narendra Solanki

Narendra Solanki, Head Fundamental Research-Investment Services, Anand Rathi Shares & Stock Brok...

Electric car sales have slumped, misinformation is one of the reasons

The politicisation of green initiatives adds to the challenge. When electric vehicles become associa...