AI talent demand to grow at 15% CAGR till 2027

BENGALURU: As the investments in Artificial Intelligence (AI) continues to increase, the demand for AI talent in India is also expected to grow at 15% CAGR till 2027.

According to nasscom and BCG report which was launched on Tuesday on the sidelines of the Nasscom Technology & Leadership Forum 2024, India’s AI market growing at CAGR 25-35% is projected reach about $17 billion by 2027 with AI/ML capabilities, including GenAI, emerging as the top category of IT spend expected to be made by IT buyers in 2023.