Market or industry will never be favourable for switch. Come anytime and you will hear that market is not suitable or slowdown is going on, hiring is on hold.
We are hearing this for last so many years and people are switching and getting hikes at the rate which they would achieve after 5-7 years if they stay in company.
If you have decided to leave, leave the company, make a proper plan for preparation and start appearing for interviews. Remember- being in company with some project on hand , you will never be able to prepare. There is no such project or work where you do half things or provide half inputs. If you don’t work, they will torture you and then in frustration of both things, you will not be able prepare anything.
So what you need is a good plan to prepare and dedication to follow. That’s it.
People don’t grow in same company, only switchers do.
Only right time is NOW. period
गिरते हैं शहसवार ही मैदान-ए-जंग में, वो तिफ्ल क्या गिरे जो घुटनों के बल चले
(Only a fighter falls while fighting in the battlefield. Those (coward) who walk on their knees will never know falling