Everyone is aware that the only thing that is everlasting is change. You are required to adjust to the ongoing changes that are taking place at your workplace, regardless of the field you work in or the position you hold there. To maintain your competitive edge in the workplace, advance your career, and broaden your options for professional advancement, you will need to acquire new job skills during the course of your working life. Even though we are unable to see into the future, we are confident (based on the current state of the market) that the following eight technologies will be in high demand and will assist you in future-proofing yourself in the workplace. The following is a list of the top 8 most in-demand and cutting-edge technological talents that will position you for professional success.
Let us take a closer look at each emerging technology:
Data Science
The term “data science” refers to the scientific methodologies, tools, procedures, and algorithms used to extract information and insights from structured and unstructured data.
Many firms now acquire an increasing amount of data on a daily basis, relying on data science experts. Data Scientists collect, clean, and present data to businesses and organizations so that they may make informed decisions.
“The data science platform market size is estimated to expand from USD 37.9 billion in 2019 to USD 140.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 30.0% during the forecast period,” according to Markets and Markets. The increasing focus of organizations on ease-of-use ways to drive business and the growing demand to extract in-depth insights from enormous data to achieve a competitive advantage are key growth factors for the market.”
The data science sector offers a number of benefits, including Big Data, Data Mining, Machine Learning, Data Analysis, and Data Analytics technologies. Furthermore, there is a spike in demand for data science specialists all around the world, and the number of Data Science job postings shows no signs of diminishing. By pursuing a data science online course, you will be entering a world of opportunities.
Cloud computing
Cloud computing is the use of the internet to store and access computing services such as databases, software, servers, networking, and analytics. It enables businesses to store files and apps on remote servers rather than the computer’s hard disc and access them via the Internet. Users do not need to be physically present to access the data; rather, they can do it remotely.
“The global cloud computing market size is estimated to rise from USD 371.4 billion in 2020 to USD 832.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 17.5% during the forecast period,” according to Markets and Markets.
Cloud computing is one of the most popular technologies, and qualified people are in high demand. With most firms (large and small) migrating to the cloud, there is a significant increase in cloud-related professions.
Artificial Intelligence (AI)
Machine intelligence is referred to as artificial intelligence. AI experts work on creating machines that are programmed to think like humans. These machines can perform jobs that require human intelligence.
Knowledge representation, problem-solving, learning, and reasoning are all traits associated with human intellect that AI systems display.
“The global artificial intelligence market size was assessed at USD 39.9 billion in 2019 and is predicted to increase at a compound annual growth rate (CAGR) of 42.2% from 2020 to 2027,” according to Grand View Research.
AI has recently become the most popular buzzword. AI expertise, experience, and skill set professionals are in high demand. Needless to say, careers in the field of artificial intelligence are predicted to thrive in the future.
DevOps
DevOps is a set of methods and technologies that combine software development and IT operations to reduce the time it takes to construct a system. In a nutshell, it seeks to make software development, testing, and release faster and more dependable.
DevOps specialists are responsible for developing software and testing code releases to guarantee that everything runs properly. It is one of the best-paying remote professions available.
According to Markets and Markets, “the DevOps market size is estimated to increase from USD 2.90 billion in 2017 to USD 10.31 billion by 2023 at a Compound Annual Growth Rate (CAGR) of 24.7%.” The increased need for fast application delivery with excellent quality is likely to drive a surge in demand for DevOps solutions and services among organizations.”
While DevOps benefits IT firms of all sizes, some of the largest companies that use it include Amazon, Facebook, Netflix, Etsy, Walmart, and Adobe.
Blockchain
Blockchain, also known as Dispersed Record Technology (DLT), is a digital ledger of transactions that have been cloned and distributed thousands of times over a network of computer systems on the blockchain. It is the practice of recording information in a way that makes changing or hacking the system difficult or impossible.
According to Markets and Markets, “the worldwide blockchain market size is estimated to expand from USD 3.0 billion in 2020 to USD 39.7 billion by 2025, at an astounding Compound Annual Growth Rate (CAGR) of 67.3% between 2020 and 2025.”
Given industry developments, the demand for blockchain expertise is on the rise. If you have all of the necessary tools and understanding about blockchain, you will have a promising future ahead of you.
RPA (Robotic Process Automation)
Robotic Process Automation is the use of technologies managed by enterprises to automate tasks. RPA is simply the technique of developing a software robot to automate any repeatable business operation.
“In 2018, the global Robotic Process Automation (RPA) market size was 477 Million USD, and it is predicted to reach 1930 Million USD by the end of 2025, with a CAGR of 21.3% between 2019 and 2025,” according to PR News Wire.
RPA allows you to automate any typical and repetitive desk task in any sector. It is one of the most rapidly evolving technologies, and professionals should anticipate seeing a significant increase in RPA-related job possibilities in the future years.
Virtual Reality (VR) and Augmented Reality (AR)
The technologies that bridge the real and virtual worlds are known as augmented reality (AR) and virtual reality (VR). These technologies let users view information and content visually, similar to how they see the world. Many industries are developing augmented reality solutions in training applications, including healthcare, travel, aviation, and automotive.
AR augments a live view with digital features and improves how our digital gadgets may assist us in daily chores such as searching for information and buying. VR, on the other hand, allows users to experience what it’s like to travel to any location.
While augmented reality provides an interactive experience of a real-world event, virtual reality generates a completely immersive virtual environment.
The augmented reality market was valued at USD 4.21 billion in 2017 and is predicted to reach USD 60.55 billion by 2023, at a CAGR of 40.29% between 2018 and 2023, according to Markets and Markets. The virtual reality industry was worth USD 5.12 billion in 2017 and is predicted to be worth USD 34.08 billion by 2023, growing at a 33.95% CAGR between 2018 and 2023.”
Cybersecurity
Another of the most in-demand IT talents is cyber security. Cybersecurity is concerned with protecting computer systems and networks against cyber-attacks that seek to access, modify, or destroy sensitive or confidential data. As cyber-attacks become more regular and dangerous, the demand for cybersecurity personnel grows. Jobs in cybersecurity include network engineer, information security analyst, systems engineer, and cybersecurity analyst.
According to the US Bureau of Labor Statistics, “employment of information security analysts is expected to expand 33 percent between 2020 and 2030.”
The cybersecurity industry is already booming. It is safe to predict that cybersecurity occupations will expand even further in the next years. Cybersecurity jobs are extremely technical and necessitate people broadening their skill sets through further security training.
While many new technologies emerge, evolve, and vanish, these eight most in-demand IT skills are unlikely to go anytime soon.
Learning these most in-demand IT skills can assist you in developing and improving your talents, realizing your potential, and proving your worth in the corporate world.
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