Non-tech sectors to hire over 1 million tech professionals by 2027-28: Report
According to TeamLease Services 'Digital People Supply Chain Report - Tech in Non-Tech' for H1-2024, at a fast-growing 7.53 per cent CAGR, industries that are primarily in the non-tech sector, such as BFSI and consulting, communication media and technology, retail and consumer business, life sciences and healthcare, engineering research and development (ER&D), and energy and resources, are set to employ over 1 million (11.15 lakh) tech talent by FY28
Source | economictimes.indiatimes.com | PTI
The demand for tech talent by the non-technology sector, driven by 6 industries, is expected to give employment to over 1 million tech professionals by 2027-28, a report said on Thursday. According to TeamLease Services ‘Digital People Supply Chain Report – Tech in Non-Tech’ for H1-2024, at a fast-growing 7.53 per cent CAGR, industries that are primarily in the non-tech sector, such as BFSI and consulting, communication media and technology, retail and consumer business, life sciences and healthcare, engineering research and development (ER&D), and energy and resources, are set to employ over 1 million (11.15 lakh) tech talent by FY28.
Currently, these industries employ over 0.7 million tech professionals, said the report.
“The confluence of technology has made its way to almost every sector globally. With the current 5G roll-out, the digital payments sector, growing new economy businesses and the manufacturing of electric vehicles dominating the auto market share, digital transformation is critical for all enterprises. This has created a demand for tech talent in non-tech sectors. Around 1 million tech professionals by FY28 is a testament to the growing stature of tech jobs in non-tech industries,” Sunil C, Chief Executive Officer, TeamLease Digital, said.
