Bengaluru joins elite global tech powerhouses with workforce surpassing 1 million: CBRE report
Bengaluru has established itself among the world's top technology hubs, crossing the milestone of a 1 million-strong tech workforce, according to a new report by real estate consultancy CBRE.
The 'Global Tech Talent Guidebook 2025' evaluates 115 markets worldwide based on availability, quality, and cost of tech talent, categorizing them into Powerhouse, Established, and Emerging markets.
The report identifies Bengaluru as one of the 12 global "Powerhouse" tech markets, placing it alongside global giants such as Beijing, Boston, London, New York Metro, Paris, San Francisco Bay Area, Seattle, Shanghai, Singapore, Tokyo, and Toronto.
'Bengaluru is the largest tech talent market in the Asia-Pacific region, along with Beijing and Shanghai, with its tech workforce exceeding 1 million (10 lakh),' the report stated, highlighting the city's vital role in the global innovation landscape, quoted PTI.
Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Africa, CBRE, commented, 'Bengaluru's emergence as a global tech powerhouse reflects India's strategic depth in digital innovation, AI, and talent readiness.'
He further noted the growing prominence of other Indian cities, saying, 'What's even more promising is the parallel growth story unfolding in cities like Delhi-NCR, Mumbai, Ahmedabad, and Jaipur, each contributing uniquely to India's diversified and resilient tech ecosystem.'
The report underlines Bengaluru's leadership in AI talent development, with the city housing the largest concentration of AI professionals in India—on par with leading U.S.
tech clusters such as San Francisco and New York. Demographically, Bengaluru ranks fourth among the 12 powerhouses in working-age population, with 75.5% of its residents in this group, and has witnessed a 2.4% increase in working-age population between 2019 and 2024.
Bengaluru's startup environment, supported by 28 unicorns, benefits from conducive regulations and strong institutional backing. CBRE attributes much of the city's success to top educational institutions and Global Capability Centres (GCCs) that fuel a steady pipeline of skilled professionals in AI, data science, engineering, and product development.
These factors have driven a 12% rise in tech employment between 2018 and 2023, aligning with global trends, the report said. This solid foundation has also attracted significant venture capital funding, with Bengaluru securing 140 VC deals worth $3.3 billion in 2024 alone, including 34 focused on AI.
Comparatively, Delhi-NCR closed 183 deals worth $1.9 billion, with 42 in AI, bolstered by 15 unicorns and 16 IPOs. Mumbai followed closely with 167 deals totaling $4.9 billion, including 26 in AI, supported by 7 unicorns and 47 IPOs.
'The distribution of tech talent around the world is the result of many factors that have increased demand for tech workers beyond large tech clusters and into smaller and specialised markets. These factors include labour market conditions, quality of life, demographics, educational attainment, capital funding and the availability and cost of real estate,' said Magazine.
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