Technology Adoption Trends in Startup Ecosystem of India
One of the questions we get asked frequently in our meetup events is “What skills should I focus on acquiring to thrive in the existing market ?”. In a world where technologies are evolving at a rapid pace, it is hard to overstate the importance and relevance of the above question. We attempted to answer the question in this article and sincerely hope the readers would find it beneficial.
Big companies generally struggle to cope up with the new technologies due to a lot of internal factors like complacency, resistance to change, cultural aspects etc. In contrast, startups are more welcoming and better positioned to embrace new technologies as they do not have past baggage.
We felt it as fair to assume that the startup ecosystem serves as a better indicator for gauging the adoption of technology trends. As the reader might already know, Angel.co is the leader in sourcing and recruiting talent for startups. We focused exclusively on the startups in India and are active on Angel at least once in the past 30 days. There are in total of 3118 startups satisfying these criteria. We categorized the technologies across 8 major categories namely Frontend, Backend, Fullstack, DevOps, Mobile, Data Engineering, Data Science and Blockchain.
In the following sections of the article, we will discuss the trends discovered across the 8 verticals. And we will highlight some of the interesting observations we made while analyzing the data.
The following visualization neatly summarizes the trends across various verticals. In the later sections, we’ll look at each vertical individually and discuss the trends briefly.
Python is the most preferred language for back-end implementations, while Java & Node.js seems to be going hand in hand w.r.to. popularity. It is worthy to note that even though Node.js started very late, it successfully managed to bridge the gap with Java.
React.js though is relatively new to the market managed to surpass the widely popular Angular framework.
Android is the definitely the most sought-after mobile dev skill. It should come as no surprise as the market penetration of Android mobiles in India is higher than other counterparts like Apple. Still, after the hype, hybrid frameworks are not so in-use by startups of India.
MySQL leads database arena but MongoDB is slowly closing in. PostgreSQL, a good open source alternative to MySQL, is third. Firebase by Google is slowly catching up and its free plan is quite lucrative for small businesses.
The adoption of Apache Spark, one of the most popular ETL tools is relatively low. Most likely, Data Engineering is not dire need for majority of startups at the early stage and hopefully they might leverage the power of data once they reach the growth stage.
As expected, TensorFlow is leading this segment. These technologies are usually used in combinations. It feels positive that upcoming technology is slowly making its way in Indian startups.
AWS from Amazon ruled the market for the last few years for the lack of a better alternative. Alternatives like Azure, Google Cloud are catching up. Let’s see if it stands the test of time. Docker and Kubernetes are automating the operations part of web applications in the recent past.
Ah! the hype and the ebb of bitcoins have got the interest of many tech companies. Bitcoin is still the biggest attention seeker. The technology of cryptocurrency is here to stay but only time will decide how the future will pan out.
For readers who are more interested in viewing comprehensive stats of our study, please feel free to check them out by clicking below.
[PS: All the numbers mentioned in this article are subject to change. We only captured the data on a specific day of this week and do not take responsibility for any mismatch.]
- Django as a stack is pretty famous. Guess there are quit a few opportunities for Python Web developers in the market.
- Angular has good marketspace even though as it seems that the market is ruled by ReactJS. Moreover, jQuery is still a relevant skill and widely used.
- Inspite of heavy criticism, the PHP based frameworks like Laravel and CodeIgniter still are relevant.
- Despite enormous hype surrounding technologies like Big Data, ML, Blockchain etc in the last couple of years, there are relatively few startups working on them and hence fewer opportunities. For the sake of numbers, hardly 2% of the startups are working on these new age technologies.
One of the biggest takeaway from this whole study is that ground reality of technology adoption can be quite different from the perceptions created by the hype and press coverage. We humbly accept that some of our biases and assumptions are proven utterly wrong.
The positive side of study is that, there is diversity in the job market across multiple verticals. What do you think of this data? Hope you got some sense about the trends of of this market. What technologies would you bet on? What technologies would you be interested in learning?
Let us know in the comments.
Tagging Balachandra Tejaswi Bitra, the co-author of this article explicitly as Medium doesn’t have support for adding co-authors, to give the credit where it is due.
We would love to see your thoughts, suggestions etc in the comments section or if you rather prefer email communication, you can always reach us at email@example.com.