Data analytics, AI and machine learning will be most in-demand skills in India

The need for skilling and upskilling reached a new high amid the pandemic and in 2022 big data analytics along with AIML are forecast to be most indemand skills in India a new report showed on MondayWith rapid tech adoption across industries and entirely techenabled sectors such as IT and BFSI the role of AI and Machine learning will only continue to grow in 2022 with a significant increase in the demand for related roles according to online recruiting platform MonsterIndustry reports suggest that AImachine learning investments in India will continue to grow at a CAGR of 3349 per cent till 2023To enhance customer engagement more and more organisations are adopting chat bots which are forecast to empower approximately 45 per cent of organisations customer support services by 2022The future of work is locationagnostic and hybrid with increased skilling initiatives being undertaken by both employers and employees said Sekhar Garisa CEO Monstercom a Quess companyLeading techenabled industries such as IT FinTech BFSI and crypto will continue to flourish with talent demand spikesIt is also interesting to note that employee flexibility would be critical towards retaining talent in the future and the Great Shuffle is a reinforcement of how the huge demand in the jobs market is opening the door for employees to select a career of their choice Garisa addedThe Indian fintech market is expanding rapidly and is estimated to become the third largest market in the world by 2025According to the annual trends report Indian IT has continued to hire through the course of the pandemic and will exhibit similar trends in 2022It is encouraging to note that the IT industry is forecast to grow 7 per cent in the current year and likely to see a gross employee addition of around 450000 in the second half of FY22 said the reportThe top skills organisations are on the lookout for are data science cloud computing artificial intelligence Blockchain and machine learningThe demand for sales professionals is estimated to increase especially in industries such as fintech retail ecommerce and social commerce the findings showedWith a number of employees preferring remote working and staying in their hometowns more and more organisations are considering setting up smaller offices in tier 2 cities or utilising coworking spaces to provide employees with better resources and access to technologyThis would in turn lead to an increased demand to hire across tier2 cities in the coming monthsHiring for freshers has picked up over the last three months of the year and is estimated to increase considerably in 2022 The continuing emergence of startups will further contribute to the demand for entry level professionals across industries the report notedThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever