Learning and enhancing your skills are vital in this technological era. This helps you to prepare yourself for getting the highest paying jobs in the field of your choice.
Technology today is evolving at such a rapid pace, enabling faster change and progress, causing an acceleration to the rate of change. This applies to your professional life as well. Up-skilling yourself is a need nowadays, the reason is pretty simple, technology is evolving very quickly. We need to identify and invest our time in the Top 10 Trending Technologies which will attract a huge market in 2020s. The next generation can plan and invest their time on these technologies, which guaranties job security.
Ranking influential emerging technologies.
1. Data Science
Data science is an inter-disciplinary field that uses scientific methods, processes, algorithms and systems to extract knowledge and insights from many structural and unstructured data. Data science is related to data mining, machine learning and big data.
Data science experts are needed in virtually every job sector—not just in technology. The U.S. Bureau of Labor Statistics reports that the demand for data science skills will drive a 27.9 percent rise in employment in the field through 2026. Not only is there a huge demand, but there is also a noticeable shortage of qualified data scientists. But getting a job in this field will require you to have a thorough understanding of mathematics, statistics, computer science, and programming.
2. Internet of Things
The Internet of things describes the network of physical objects—“things”—that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the Internet.
The Internet of Things offers a range of career opportunities in embedded systems cybersecurity (a particularly hot market), software development, and more. Some of the top IoT industries include healthcare, manufacturing, utilities, transportation, agriculture, and consumer products. Jobs are expected to increase in the coming years across industries, though growth may be slower in some sectors than others.
3. Artificial Intelligence
Artificial intelligence is intelligence demonstrated by machines, unlike the natural intelligence displayed by humans and animals, which involves consciousness and emotionality. The technology used for equipping computer systems with the ability to make decisions like humans. Being one of the trending technologies, when AI programs are fed to systems, the aim is to mimic human intelligence for performing complex tasks such as pattern recognition, speech recognition, weather forecast and medical diagnosis.
As the possible applications of AI continue to increase, so does the positive career potential for those with the skills needed to thrive in this industry. The World Economic Forum’s “The Future of Jobs 2018“ report predicts that there will be 58 million new jobs in artificial intelligence by 2022. However, those with the necessary combination of skills are often hard to come by, The job market is really huge in AI, but a lot of people aren’t trained for it, resulting in an above-average job outlook for those who do have the skills needed to work in this niche area.
4. Cybersecurity
Computer security, cybersecurity or information technology security is the protection of computer systems and networks from information disclosure, theft of or damage to their hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.
In 2019, businesses invested even more in technology, new privacy regulations were passed, and cyber threats became more sophisticated. To meet the growing demands of today’s businesses, estimates that the U.S. cybersecurity workforce would need to be increased by 62%, with more than 500,000 job postings now open for #cybersecurity positions in the United States.
5. Natural Language Processing
Natural language processing is a subfield of linguistics, computer science, and artificial intelligence concerned with the interactions between computers and human language, in particular how to program computers to process and analyze large amounts of natural language data.
Many of the most popular consumer applications of AI today revolve around language. From chatbots to virtual assistants to predictive texting on smartphones, AI tools have been used to replicate human speech in a variety of formats. To do this effectively, developers call upon the knowledge of natural language processers—individuals who have both the language and technology skills needed to assist in the creation of these tools.
There’s a real shortage of people in these roles today.By 2025 globally NLP job demand will hit 450,000. There are a bunch of products where we’re trying to interact with a machine through language, but language is really hard. For this reason, those with the proper skill sets can expect an above-average salary and job outlook for the foreseeable future.
6. 5G - Technology
In telecommunications, 5G is the fifth generation technology standard for broadband cellular networks, which cellular phone companies began deploying worldwide in 2019. 5G, because of its low latency and high throughput, won’t just be an evolution in technology, but a revolution. It will open the door to incredible innovation in both the private sector and the government – including augmented and virtual reality, precision agriculture, smart ports, transportation and logistics, autonomous vehicles, connected construction and so much more.
Already the 5G job revolution has begun. Large mobile providers such as AT&T and Verizon are building out new networks across the country. Network companies such as Cisco, CommScope, Mavenir, and L3Harris are hiring 5G system architects, Radio Access Network (RAN) engineers, 5G solution architects, and technical managers in the 5G space. There is an estimate that 5G and related technologies will create 4.6 million jobs relative to the baseline in 2034, 15 years after the introduction of 5G in 2019. These are higher paying jobs that will replace jobs that are lost in a wide range of industries and use cases.
7. Edge Computing
Edge computing is a distributed computing paradigm that brings computation and data storage closer to the location where it is needed, to improve response times and save bandwidth.
If you want to future-proof your technology job, you need to fast familiarize yourself with Edge computing.The technology will be popular in areas such as healthcare, retail, and manufacturing. Thus, it will open the doors to many job opportunities. In a new report on the coming opportunities for Edge computing, analysts around the world predict the Edge market will be worth ~$20Bn in terms of hardware, software and services by 2023.
8. Robotics
Robotics is an interdisciplinary field that integrates computer science and engineering. Robotics involves design, construction, operation, and use of robots. The goal of robotics is to design machines that can help and assist humans.
With the rise of machine learning (ML) and associated technologies, the demand for robotics engineers is growing each year. It’s projected that the number of jobs in the field will grow 9% between 2016 and 2026, leading to a shortage of qualified engineers. Robotics engineers are experiencing an increase in demand for their skills, but with such a specialized set of qualifications required, satisfying that demand may be a challenge for many organizations. As a result, the robotics engineer salary is becoming even more competitive in order to attract top talent.
9. Autonomous Vehicle
A self-driving car, also known as an #autonomous vehicle, driverless car, or robo-car is a vehicle that is capable of sensing its environment and moving safely with little or no human input.
The rise of self-driving and electric cars will create more than 100,000 US mobility industry jobs in the next decade, including 30,000 jobs for engineers with computer science-related degrees. The US is already on the path to adopting cars of the future: By 2030, more than 10% of cars will be self-driving, and 30% will have plug-in hybrid or battery-powered #electric engines. The increasingly sophisticated technology needed to power these vehicles as well as the surrounding smart city infrastructure will require engineers to have a more advanced, systems-level skillset.
10. Virtual Reality
Virtual reality (VR) is a simulated experience that can be similar to or completely different from the real world. Applications of virtual reality include entertainment (e.g. video games) and education (e.g. medical or military training). Other distinct types of VR-style technology include augmented reality and mixed reality, sometimes referred to as extended reality or XR.
Virtual reality is such a diverse technology, offering many career options and pathways based on your unique interests. With the market growing at an exceptional rate, there is an increased demand for virtual reality developers and those who understand the medium. The VR industry is expected to reach close to $40 billion by this year and surprisingly the covid-19 triggered boom on this.
Future Job Spectrum
As per the latest trend on Google, the Njanam team has done an analysis and based on that we are showing some projections. One specific trend we have to highlight here is that, China will become the main workforce supplier for all these technologies. Another to mention is couple of countries from African continent are also emerging as work force suppliers.
In next 10 years the following countries will produce most of the work force for these technologies.
The big job market in next 10 years for these technologies.
Comments