Technology Market Update: Signs Point to a Stronger 2025
Q2 of this financial year has seen a steady growth across the Technology sector, from Architecture and Projects through to Cloud and Development. Now, by no means are we back to the ‘norm’, however the signs are there for a much stronger year in 2025 with a sense the worst is behind us. Banking and Financial Services continued to surge, whilst Government stepped up its projects too. We have seen this trickle down into Utilities, Retail, Education and Consultancies.
The conversations with clients and candidates alike, is overall much more upbeat with positive conversations on both sides. Candidates being approached about roles and having multiple interviews in some cases, whilst clients are gearing up for new projects.
Key Market Trends
- Project Delivery is showing signs of revival, with more discussions around new initiatives and business cases rather than restructuring and redundancies
- Integration services are seeing steady growth, particularly in finance, healthcare, retail, and manufacturing
- Architecture roles are evolving, with organizations seeking specialists rather than generalists
- DevOps and Cloud Engineering remain robust, with increasing demand for skills in Kubernetes, CI/CD pipelines, and cloud architecture
Looking Ahead
As we move into 2025, we anticipate a brief surge in hiring as organizations close out remaining roles from 2024. Many businesses are preparing to launch new projects and programs, with optimism building for market normalization by the end of Q3 or early Q4.
For job seekers, while interview processes may still be slower than ideal, we’re seeing candidates receiving multiple interviews and more frequent approaches about opportunities. For employers, while budget constraints remain a challenge, there’s a clear shift toward growth and innovation rather than cost-cutting.
Want to know more about current market rates or discuss your hiring needs? Read the Q2 2025 market report or reach out to our team at Precision Sourcing – we’re here to help navigate the evolving technology landscape.
No related author found.
