Despite the ongoing turmoil in the global IT sector, technology adoption by other industries across sectors has resulted in the creation of new job opportunities and an increase in the demand for skilled tech professionals. According to a new report, several service industries have seen the IT function emerge as the most sought-after profile, while manufacturing has seen a spike in demand for marketing profiles.
Hiring Intentions
78% of employers in the services sector and 56% of employers in the Manufacturing, Engineering, and Infrastructure sector have expressed an intent to hire for IT skills and marketing roles, respectively.
The TeamLease Services Employment Outlook Report for the April to June quarter reveals that nearly 78% of employers in the services sector and 56% of employers in the Manufacturing, Engineering, and Infrastructure sector intend to hire for IT skills and marketing roles, respectively. This indicates an increase of 10% in employers’ hiring intentions in both Services (83%) and Manufacturing (95%) industries compared to Q1 of 2022.
Popular Job Profiles
Other popular job profiles in the services sector include sales (83%) and marketing (63%). Sales (95%) and engineering (80%) are popular in the manufacturing industry. Financial Services, Telecommunications, and Information Technology have the highest demand for roles in the services industry.
Upskilling and Emerging Technologies
Mayur Taday, chief business officer, TeamLease Services, said, “The increasing demand for IT skills and Marketing roles is a testament to the transformative impact of emerging technologies such as 5G in the telecom industry, and the importance of upskilling in meeting the evolving needs of the job market.”
With the advent of new technologies and an ever-increasing reliance on digital platforms, organizations across sectors are looking to hire a talented workforce to stay ahead of the curve. The report suggests that the confluence of emerging technologies is driving the demand for tech roles in non-tech sectors.
Manufacturing Sector
Balasubramanian A, vice president, and business head, TeamLease Services, said, “India’s manufacturing segment has witnessed massive transformation over the last decade. The advent of technology and the introduction of initiatives like the PLI scheme is boosting employment generation and fostering a dynamic and competitive economy that drives growth and innovation.”
Marketing professionals, sales professionals, and engineers are extensively in demand in the manufacturing sector, and this trend is likely to continue in the coming quarters.
Conclusion
The majority of the talent across segments is being deployed in entry and junior-level domains. The report brought statistics for both Manufacturing (8 sectors) and Services sectors (15 sectors), surveying a total of 809 small, medium, and large companies.
In conclusion, the report suggests that with the increasing adoption of new technologies, there is a growing demand for tech professionals across sectors. If you have good IT skills, this may be a good time to explore job opportunities in the services and manufacturing industries, as companies are actively hiring for IT and marketing roles. Additionally, upskilling in emerging technologies can help you stay ahead of the curve and secure your position in the job market.
