Nowadays, technology is rapidly changing, leading to greater change and advancement and accelerating growth. However, technical trends and emerging technologies are not the only things changing. The breakout of COVID-19 has made IT workers recognize that their job in the contactless world of tomorrow will not be the same. An IT professional in 2021-22 will constantly be learning, unlearning, and relearning.
What does this imply for you personally? It entails keeping up with new technologies and technological trends. It also means keeping an eye on the road to determine the talents you’ll need to find a secure job tomorrow and learn where to go next. The majority of the IT workforce is at home because of the global pandemic. But if you really want to get the most of your time at home in 2022, here are a handful of top 9 future technology trends to watch for and aim to land one of the positions that these newer technology trends will create:
- Artificial Intelligence and Machine Learning
- Robotic Process Automation (RPA)
- Quantum Computing
- Internet of Things (IoT)
- Edge Computing
- Virtual Reality and Augmented Reality
- Cyber Security
1. Artificial Intelligence (AI) and Machine Learning
Over the last decade, artificial intelligence (AI) has made a lot of noise. Because of its tremendous implications on how people live, work, and play, it remains one of the trendiest new technical phenomena. Image/speech recognition, navigation apps, mobile voice assistants, ride-sharing, and several other applications have all benefited from AI. For example, a smart laser TV projector can adjust its brightness and motion estimation according to video and ambient light.
Aside from that, AI will be used for the below-listed reasons:
- Investigate interactions for essential links and insights.
- Predict demand for services.
- Allow officials to make more informed judgments about resource distribution.
- Detecting changing customer behavior patterns.
By 2025, the AI market is anticipated to be worth $190 billion, with worldwide funding in cognitive and AI devices likely to reach $57 billion. New job opportunities will be generated in product development, programming, testing, support, and maintenance, as AI spreads across industries. On the other hand, it offers some of the highest wages today, with rates as high from over $1,25,000 per annum (for machine learning professionals) to $145,000 per annum ( for AI architects).
Many organizations are using Machine Learning, an AI discipline, resulting in a significant need for qualified staff. According to Forrester, AI, machine learning, and automation will produce 9% of new jobs in the United States by 2025.
2. Robotic Process Automation (RPA)
Similar to AI and Machine Learning, Robotic Process Automation ( RPA) is a technology that automates tasks. RPA automates processes that required human interaction in the past. RPA is the use of programs to automate corporate jobs such as application analysis, transaction processing, data management, and even email response.
According to Forrester Research, RPA automation will threaten the jobs of 230 million or perhaps more skilled individuals, or around 9% of the world population. RPA, on the other hand, creates new employment while replacing old ones. According to McKinsey, only about 5% of jobs can be totally automated, while 60% may require human support.
3. Quantum Computing
The next significant technological advancement is quantum computing. This technological trend assists in managing coronavirus transmission and the development of effective medicines. Quantum computing is also being utilized in the banking and finance business to regulate credit risk and detect fraud.
Quantum computers are far quicker than conventional computers. By 2029, the global quantum computing market will be worth $2.5 billion. To excel in this new trending technology, you’ll need to master quantum physics, linear algebra, probability, information theory, and machine learning.
4. Internet of Things (IoT)
WiFi connectivity is now available in many “things,” enabling appliances to connect to the Internet and other devices. The Internet of Things has already allowed gadgets, household appliances, automobiles, and more to share data.
For example, a smart TV can help consumers connect to their phones. If we forget to lock our doors before leaving for work, we can do so remotely or warm up our oven on the way home.
On the other hand, businesses stand to benefit greatly both now and in the future. The IoT may help companies enhance their safety, efficiency, and decision-making as data is collected and analyzed. It can enable predictive maintenance and better medical treatment and give further benefits that we have yet to imagine.
The global Internet of Things (IoT) investment will reach 1.1 trillion dollars by 2022. By 2030, it is estimated that 50 billion IoT devices will be used worldwide. Emerging technologies like 5G are expected to drive market growth in the coming years.
5. Edge Computing
Cloud computing has gone mainstream, with big corporations like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud dominating the sector. Its usage continues to climb as more businesses migrate to the cloud. It is, however, no longer a fresh technological trend.
When connectivity to a centralized location is limited or unavailable, edge computing can handle time-sensitive data. In these situations, edge computing can act as a mini data center. Edge computing solves some of these issues by reducing the delays imposed by cloud computing and delivering data to a data center.
As IoT devices grow, edge computing will become increasingly common. By 2022, the market for edge computing is expected to reach $6.72 billion.
6. Virtual Reality (VR) and Augmented Reality (AR)
The next fantastic technology advancements are virtual reality and related industries such as augmented reality and extended reality (ER). AR improves a user’s surroundings while VR immerses them in it. VirtualShip, a simulation program used to teach US Navy, Army, and Coast Guard ship captains, is an example of how this technological trend has been employed for training.
Training, entertainment, education, marketing, and even injury treatment are all possibilities with AR and VR. Both may be used to train surgeons, give a more interactive experience for museum visitors, or augment entertainment parks.
In the year 2019, 14 million virtual and augmented reality gadgets were sold. The global AR and VR market is expected to reach $209.2 billion by 2022, resulting in more opportunities in innovative technologies and more expertise ready to enter this competitive area.
While specific organizations may demand an understanding of optics, please note that planning ahead in VR does not necessitate specialist knowledge.
Data in the blockchain may only be added to, not deleted or edited. Its dependability comes from the fact that previous blocks cannot be modified. No single entity can control the data on a blockchain since it is consensus-based. With blockchain, you don’t require a reliable third party to oversee or validate transactions.
Blockchain technology is being used in a variety of industries. As the demand for trained workers grows, demand for blockchain technology also increases. A blockchain developer is a person who specializes in creating and implementing blockchain-based architecture and solutions.
The 5G technological boom will follow the IoT. While, 3G and 4G technologies enabled us to connect to the Internet, use data-driven applications, and increase bandwidth for Spotify or YouTube broadcasts. On the other hand, 5G technologies allow sophisticated technologies like augmented reality and virtual reality and cloud-based gaming solutions like Google Stadia, NVidia GeForce Now, etc.
5G will cover 40% of the globe by 2024 and handle 25% of all cellular traffic data, making it an innovative digital trend to follow and invest in. It’s expected to be used in factories with high-definition cameras for traffic management and safety, intelligent grid control, and smart retail.
9. Cyber Security
Given its lengthy history, cyber security may not appear to be new technology, but it is evolving much like other technologies. This is largely because of the fact that threats are constantly changing. Cybersecurity will be a hot topic as long as there are hackers because the technology to battle them will continue to advance.
Cybersecurity positions are expanding faster than other tech occupations, demonstrating the high need for experts. According to Gartner, by 2025, 60% of firms will utilize cybersecurity risk as a significant decision in performing third-party transactions and commercial engagements.
These nine technological developments provide exciting job opportunities today and in the future. Now is the time to choose one, educate yourself, and get in on the bottom floor to ensure your future success. Because technology is always changing and improving, these nine innovations provide both current and future employment prospects.