As of May 2023, the industry had about 40,000 open opportunities, indicating the growing demand for skilled cybersecurity professionals. However, the demand-supply gap stood at 30 per cent, projecting a major skill challenge in the industry, finds the study by tech staffing firm TeamLease.
According to the report, India’s cybersecurity workforce stood at around 0.3 million in 2023, up from 0.21 million in 2022, and 0.1 million in 2021. This compares to the global workforce of some 4.7 million cybersecurity professionals. There is a similar discrepancy when it comes to cybersecurity revenues, with India forming estimated revenue of $2.50 billion out of global revenue of $222 billion.
Sunil Chemmankotil, Chief Executive Officer, TeamLease Digital, said there was “an urgent need for upskilling the workforce and hiring qualified professionals.”
Specializations in areas such as data privacy, cloud security, AI security, and network security are in high demand. Soft skills such as problem-solving, communication, teamwork, and collaboration are also essential in this field, as per the staffing firm.
As per the survey of TeamLease, 73 per cent of employers find cybersecurity an extremely important domain. IT security training (42%), firewall & network protection (37 per cent), and cyber insurance (16 per cent) were the most important areas for the employers.
For employees, network security was the most interesting area to work in, followed by risk assessment, penetration testing, and incident response.
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