Cloud Skills: Powering India’s Digital DNA

The global cloud opportunity by 2025 is estimated at over $800 bn - cloud (IaaS, SaaS, PaaS) usage - $500+ bn & cloud services - $300+ bn. For India’s technology industry to capture a significant share of this market would need a balance of the right cloud skillsets, experience and in sufficient volumes.

This report examines the current cloud skills landscape in India, analyses the demand-supply over 2021-2025, highlights the key skills needed to be developed and presents a roadmap for stakeholders to make this happen.

DOWNLOAD PDF

Key Findings

Continued Growth in Cloud Investments

Global Public Cloud spend, valued at $332 bn (2021), is projected to grow by 20% YoY in 2022; India’s cloud market stands at $4.4 bn (2021); projected to grow 26% to reach $5.6 bn (2022)
Customer Experience, Relationship Management, Collaboration and Content Services are the emerging segments of growth
BFSI (incl. FinTech), Media & Entertainment, Manufacturing, Telecom are at the tipping point of Cloud adoption

The Rise of New-Age Cloud Skills

Open-source and Low-/No-code platforms delivering community-driven, user-friendly development environment
Growing demand for Virtualization, Microservices Architecture, Containers & Orchestration, Serverless computing
Demand for specialised skills in Cloud Security and Cloud Economy (FinOps); also for DevOps principles and Cloud Automation tools

India’s Unique Talent Prospects

Globally, India ranks 3rd with an installed supply of 608,000 (FY2021) cloud professionals (Technology & other verticals); 33% of these have 10+ years of experience
The demand was for 873,000 cloud professionals; the 265,000 differential points to the untapped potential due to accelerating demand for cloud
With a 24% YoY growth in installed base, India’s cloud talent is expected to grow 2.4X to nearly 1.5 mn by FY2025
The demand however, is estimated to be over 2.2 mn by 2025; India would need to accelerate its cloud talent supply bet. 30% and 35%

The Way Forward

Accelerated training of adjacent talent in tech - 1.7 to 1.8 mn; and of 263,000 graduated in computer science & related fields
Modernizing course curricula to reflect the newest, in-demand skills that are in line with industry standards
Expand apprenticeship/internship & on-the-job training for fresh talent to build relevant experience

Get The Report

Download the report and get detailed insights on the sector.

Regular Price : Free Download

Member Price : Free Member Login

Nasscom Members- Login to download the report

Related Reports

SMB Cloud Adoption In India-Towards a Cloud First Nation

A country’s economic robustness is directly proportional to the performance of its SMBs. Given their importance – SMBs in India account for 31% of India’s GDP and employ ~110 million…

17, September 2020

Free for Members