India, China & Japan Rank Amongst World’s Top 10 Tech Markets in 2025: Colliers

The Asia Pacific region is emerging as a global tech talent powerhouse, with three of the world’s top 10 locations, Beijing, Bengaluru, and Tokyo, leading the charge, according to Colliers' latest report Global Tech Markets: Top Talent Locations 2025. The study evaluates over 200 global markets based on talent acquisition, venture capital (VC) funding, labour competitiveness, talent pipeline, and sector composition.

India and China continue to dominate the global technology talent landscape, with India standing out both regionally and globally. Notably, six Indian cities feature in the APAC top 10 for tech talent acquisition, highlighting the country’s strong talent availability and deep tech ecosystem.

In H1 2025, tech occupiers leased over 10 million sq. ft. of office space across India’s top seven cities, accounting for 40% of conventional office demand. Additionally, nearly 50% of flex space demand was driven by technology firms. This sustained momentum is fuelled by India’s skilled workforce, robust IT infrastructure, and cost advantages, making cities like Bengaluru and Hyderabad key destinations for global technology companies.

“India is a powerhouse of tech talent and a key player in the global innovation ecosystem, supported by availability of skilled talent and employment opportunities across Tier I as well as emerging cities of the country. Leading tech cities in India account for 69% of the total tech talent in the Asia Pacific region. Bengaluru and Hyderabad, which host the region’s largest talent clusters, continue to lead tech leasing activity, together driving nearly 50% of the conventional office space uptake in H1 2025. With the availability of high-quality office space, robust IT infrastructure, and cost competitiveness, India’s office markets will continue to feature prominently among the top destinations for technology-led global economic expansion,” said Arpit Mehrotra, Managing Director, Office Services, India, Colliers.

Global Capability Centers (GCCs), particularly those in the technology space, continue to drive India’s commercial real estate momentum. With a strong focus on innovation, scalability, and cost efficiency, India has firmly established itself as a global hub for GCC expansion, especially across its top office markets.

“India remains a preferred destination for global companies, particularly in the Technology sector, with GCCs steadily evolving from traditional back-office functions to strategic innovation hubs. In H1 2025, tech occupiers accounted for 41% of total GCC leasing at 5.2 million sq ft. Interestingly, Bengaluru, Delhi-NCR, and Hyderabad collectively contributed over 85% of this demand. As global firms continue to scale-up and evolve, tech GCCs are poised to drive office space demand in India, led by cost arbitrage as compared to global counterparts,” said Vimal Nadar, National Director and Head of Research, Colliers India.

Other key findings of the report include:

• As a global leader in venture capital deal growth, Asia Pacific accounts for all the world’s top 10 markets, with China driving the surge in funding.
• India dominates talent acquisition, comprising six of the region’s top 10 cities for tech hiring. Singapore is the only non-Indian market in the top five. Other notable markets are Taipei, Sydney and Melbourne for talent density.
• Tokyo, Seoul and Australia are rising powerhouses. Tokyo ranks third regionally for sector composition and venture capital funding, with Seoul coming in fourth. Sydney, followed by Melbourne, leads the region’s overall productivity. 

“Asia Pacific is drawing significant global attention for its unmatched tech talent density and strong venture capital momentum, particularly in India and China. Bengaluru boasts the world’s largest pool of data scientists, while Beijing leads the region in tech sector productivity. Meanwhile, cities such as Tokyo, Seoul, Sydney and Singapore are emerging as world-class innovation hubs. These markets aren’t just supporting global tech expansion – they’re leading it,” said Mike Davis, Managing Director, Office services, Asia Pacific, Colliers.