7 Emerging Job Trends That Will Shape the Indian Job Market in the Future.

7 Emerging Job Trends That Will Shape the Indian Job Market in the Future.

Artificial intelligence and machine learning: As the demand for AI-based services and products increases, the IT industry is leading the way in terms of AI-driven jobs in India with a share of 29%, followed by the marketing, PR, and advertising sectors with 17%, and retail with 9%. There will likely be a greater need for professionals in these sectors.

Biotechnology and healthcare: The COVID-19 pandemic has brought attention to the necessity for robust healthcare systems and the significance of biotechnology research. It is anticipated that by 2025, the market will grow at a CAGR of 16.4% and reach $150 billion. Over 5075 biotech startups exist today, and 10,000 are expected by 2025. There will be a greater need for healthcare workers, medical researchers, and biotechnology specialists.

Data Science and Analytics: As data-driven decision-making becomes more prevalent across businesses, given its large skill pool and affordable labor, India is quickly developing into a center for data science and analytics. According to research, the Indian data analytics business will be worth $16 billion by 2025, and there will be an increase in the need for data scientists and analysts.

Renewable Energy: India has set lofty goals for the production of renewable energy, and the industry is anticipated to expand significantly over the next few years.

E-commerce and digital marketing: According to Bain, the Indian eCommerce market would grow to $170 billion by 2025. By 2030, India's online consumer base is expected to grow to between 500 and 600 million, ranking second globally (IBEF). Due to this high demand, there will be a greater need for a workforce.

By 2028, the market for digital marketing is projected to reach a value of USD 24.1 billion, growing at a CAGR of 32.1%. By 2027, there will be nearly 6 billion internet users. And in the upcoming years, there will be a greater need for skilled digital marketers.?

Cybersecurity: Cyberattacks on both government and private entities have dramatically increased in India. Cybersecurity specialists are more in demand in India as a result of a rise in cyberattacks. The Indian cybersecurity market is expected to grow by $13.6 billion by 2025, according to a report by PwC India.

Education and Training: India is experiencing extraordinary growth in the number of edtech startups. Without a doubt, the nation is currently referred to as the "edtech capital of the world." This sector is expected to have rapid growth in the near future and, at a CAGR of 39.77%, reach a staggering valuation of $4 billion by 2025. The need for professionals in the education and training industries will increase in the future.

Overall, it is anticipated that the job market in India will be dynamic and changing in the future, with numerous opportunities appearing in new and emerging industries. In order to be competitive in the job market, it is critical for job seekers to keep up with the most recent trends and to consistently improve their skill sets.

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