Software Roles Soar Amidst Growing Demand For Tech Talent - Indeed Report

According to data from Indeed, the global matching and hiring platform, IT hiring is set to surge with an estimated 8.5% increase in the next year. After a slow period late last year and early this year, the demand for skilled IT talent is growing, making it crucial for businesses to plan their hiring strategies for the coming year.

Almost 70 per cent of all tech jobs on Indeed are currently software roles. The dominance of software roles on Indeed is driven by several interconnected factors. As businesses increasingly depend on software for operational efficiency and innovation, the demand for developers to create and maintain essential systems has surged. Rapid advancements in technologies like AI, machine learning, and blockchain have further amplified the need for specialized software development to stay competitive. The thriving tech startup ecosystem also plays a significant role, as new ventures prioritize hiring developers to build and scale their products. Lastly, the continuous need for updates, security patches, and new features in existing software ensures a steady demand for skilled professionals who can keep pace with evolving user needs and technological advancements.
Sashi Kumar, Head of Sales, Indeed India said, "The IT sector has consistently stood as a major employment powerhouse. However, recent quarters saw a slowdown in hiring, with companies exercising caution as they navigated through global uncertainties and economic shifts. Now, the tide is turning. Companies are actively ramping up their hiring efforts. We can also expect Global Capability Centers (GCCs) to significantly contribute to this uptick in hiring, particularly in software and technological roles.”
Companies are actively hiring for roles such as Application Developer, Software Engineer, Full-Stack Developer, Senior Software Engineer, and PHP Developer. There's also a growing demand for .NET Developers, Software Architects, DevOps Engineers, Data Engineers, and Front-End Developers.
This surge is driven by the need to support new projects, enhance digital infrastructure, and keep up with technological advancements. As businesses expand and innovate, they require skilled professionals to build and maintain their systems.

On the other hand, job seekers are most interested in positions like Full Stack Developer, Software Engineer, Front End Developer, Computer Operator, and Web Developer.

This alignment between the roles companies are posting and the roles job seekers are clicking on shows a strong market trend. The high demand for Full Stack Developers and Software Engineers from both employers and job seekers underscores the critical need for versatile and highly skilled IT professionals. As technology continues to evolve, both businesses and candidates are prioritizing roles that offer opportunities to work on cutting-edge projects and drive digital transformation.