Technology today is evolving at such a quick rate that it enables speedier change and advancement, driving the rate of change to accelerate to the point where it will eventually become exponential. However, it is not just technology trends and leading technologies that are changing; much more has changed this year due to the outbreak of COVID-19, which has made IT professionals recognize that their job in the contactless world of tomorrow will not be the same. In 2022, professionals will constantly be learning, unlearning, and relearning (out of necessity, if not desire).
What does this imply for you? It entails keeping up with new technological developments. It also entails keeping an eye on the future to determine which abilities you'll need to find secure work tomorrow, and you're learning how to get there. Because of the worldwide pandemic, most of the global IT workforce is sitting at home. And if you wanted to make the most of your time at home in 2021, here are the top 9 new technological trends to keep an eye on and try to secure one of the jobs that these trends will produce.
Here is the list of the top 9 new and trending technologies:
Artificial Intelligence (AI) and Machine Learning
Robotic Process Automation (RPA)
Edge Computing
Quantum Computing
Virtual Reality and Augmented Reality
Blockchain
Internet of Things (IoT)
5G
Cyber Security
1. Artificial Intelligence (AI) and Machine Learning
Artificial Intelligence, or AI, has generated a lot of hype over the last decade. Still, it remains one of the newest technology trends since its significant effects on how we live, work, and play are still in their early stage. Nevertheless, AI is already well-known for its supremacy in picture and speech recognition, navigation apps, smartphone personal assistants, ride-sharing apps, and many other applications.
Aside from that, AI will be used to analyze interactions to uncover underlying connections and insights, to predict demand for services such as hospitals, allowing authorities to make better resource allocation decisions, and to detect changing patterns of customer behavior by analyzing data in near real-time, resulting in increased revenues and personalized experiences.
By 2025, the AI market will be worth $190 billion, with global spending on cognitive and AI systems exceeding $57 billion in 2021. New opportunities will be created in development, programming, testing, support, and maintenance, to mention a few, as AI spreads across sectors. Conversely, AI pays some of the highest incomes today, with rates ranging from over $1,25,000 per year (machine learning engineer) to $145,000 per year (AI architect), making it the top new technology trend to keep an eye on.
Machine Learning, a subset of AI, is used in many businesses, resulting in high demand for skilled employees. According to Forrester, AI, machine learning, and automation will generate 9% of new employment in the United States by 2025, including robot monitoring professionals, data scientists, automation specialists, and content curators, making it yet another new technology trend to be aware of!
Mastering AI and machine learning will help you secure jobs like:
AI Research Scientist
AI Engineer
Machine Learning Engineer
AI Architect
2. Robotic Process Automation (RPA)
Robotic Process Automation, or RPA, is a technology that automates jobs like AI and Machine Learning. RPA uses software to automate business operations such as application interpretation, transaction processing, data management, and even email response. RPA automates tasks that formerly required human intervention.
RPA automation, according to Forrester Research, will threaten the careers of 230 million or more knowledge workers, or around 9% of the global population. However, RPA is also creating new jobs while changing old ones. According to McKinsey, only about 5% of vocations can be completely automated, but roughly 60% can be somewhat automatic.
RPA offers a variety of employment prospects for IT professionals looking to the future and striving to understand new technological trends, including developers, project managers, business analysts, solution architects, and consultants. And they are well-paying positions. For example, RPA developers can earn more than $534K annually, making it the next technology trend to keep an eye on.
Mastering RPA will help you secure high-paying jobs like:
RPA Developer
RPA Analyst
RPA Architect
While RPA is meant to assist workers by automating repetitive tasks (attended automation), AI is considered a technology that can replace human labor and automate end-to-end operations (unattended automation). This is because AI uses unstructured inputs and develops logic, whereas RPA uses structured inputs and logic.
3. Edge Computing
What is edge computing?
Edge computing, according to Wikipedia, is a distributed computing paradigm that brings computation and data storage closer to data sources. This should improve response times while also conserving bandwidth. But unfortunately, it's a widespread misperception that edge and IoT are interchangeable terms.
Cloud computing, which was once a cutting-edge technology trend to keep an eye on, has become mainstream, with major players such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform dominating the industry. As more businesses transition to a cloud solution, cloud computing use continues to rise. However, it is no longer a new technology trend.
Organizations have recognized the limitations of cloud computing in various cases as the volume of data they deal with continues to grow. Edge computing addresses some of these issues by avoiding the latency imposed by cloud computing and allowing data to be sent directly to a data center for processing. It can reside "o" the edge," "s it were, closer to the point where computing is required. As a result, edge computing can process time-sensitive data in remote places where access to a centralized location is limited or non-existent. Edge computing can operate as a small data center in these instances.
Edge computing will become more prevalent as the Internet of Things (IoT) devices grow. As a result, the global market for edge computing is anticipated to reach $6.72 billion by 2022. And this new technological trend will only continue to spread, producing a variety of professions, particularly for software engineers.
Keeping in line with cloud computing (including new-age edge and quantum computing) will help you grab excellent jobs like:
Cloud Reliability Engineer
Cloud Infrastructure Engineer
Cloud Architect and Security Architect
DevOps Cloud Engineer
4. Quantum Computing
The following remarkable technology trend is quantum computing, which takes advantage of phenomena like superposition and quantum entanglement. This fantastic technology trend is also involved in preventing the spread of the coronavirus and developing potential vaccines, thanks to its ability to easily query, monitor, analyze and act on data, regardless of the source. Another field where quantum computing finds applications in banking and finance is managing credit risk for high-frequency trading and fraud detection.
Quantum computers are currently multiple times faster than ordinary computers, and major companies such as Splunk, Honeywell, Microsoft, AWS, Google, and others are working on quantum computing advances. By 2029, the worldwide quantum computing market will be worth more than $2.5 billion. And you'll need experience with quantum mechanics, linear algebra, probability, information theory, and machine learning to make a reputation for yourself in this new trending technology.
5. Virtual Reality and Augmented Reality
Quantum computers are currently multiple times faster than ordinary computers, and major companies such as Splunk, Honeywell, Microsoft, AWS, Google, and others are working on quantum computing advances. By 2029, the worldwide quantum computing market will be worth more than $2.5 billion. And you'll need experience with quantum mechanics, linear algebra, probability, information theory, and machine learning to make a reputation for yourself in this new trending technology.
We may expect these technologies to become much more embedded into our lives by 2021. AR and VR have potential in training, entertainment, education, marketing, and even injury rehabilitation. They usually function in unison with some of the other innovative technologies We've highlighted in this list. Both may be used to teach surgeons how to perform surgery, provide museum visitors with a more immersive experience, improve theme parks, or even improve marketing.
While some businesses may require optics as a skill set, keep in mind that getting started in VR doesn't necessarily need a lot of specialist knowledge - basic programming abilities and a forward-thinking perspective are enough to obtain a job; another reason why this new technology trend should be on your radar!
6. Blockchain
Although most people associate blockchain technology with cryptocurrencies like Bitcoin, it provides security in various ways. In its most basic form, Blockchain is data that you can only add to, not subtract from or change. Because you're creating a data chain, the term "chain" was coined. The fact that prior blocks cannot be altered massive makes it so secure. Furthermore, because blockchains are consensus-based, no single party can control the data. Therefore, you don't need a responsible third party to oversee or validate transactions with Blockchain.
Several industries are involved and using blockchain technology, and as the demand for trained workers grows, so does the need for blockchain technology. From the perspective of a bird's eye view, a blockchain developer specializes in creating and executing blockchain-based architecture and solutions. A blockchain developer's average annual compensation is ₹469,000.
If you're interested in Blockchain and its applications and want to pursue a career in this rapidly growing technology, now is the time to get started. You'll need hands-on experience with programming languages, OOPS concepts, flat and relational databases, data structures, web app development, and networking to get into Blockchain.
Mastering blockchain can help you scale up in a variety of fields and industries:
Risk Analyst
Tech Architect
Crypto Community Manager
Front End Engineer
7. Internet of Things (IoT)
IoT is another exciting new technology trend. Many "things" now include WiFi connectivity, allowing them to connect to the Internet—and one another. As a result, the Internet of Things, or IoT, was born. The Internet of Things (IoT) is the future wave, and it has already enabled devices, home appliances, cars, and much more to connect to the Internet and exchange data.
We are already using and benefiting from IoT as consumers. For example, we can lock our doors remotely if we fail to do so before leaving for work, and we can preheat our ovens on our way home from work, all while keeping track of our fitness with Fitbits. On the other hand, businesses have a lot to gain right now and shortly. For example, the IoT can help organizations improve their safety, efficiency, and decision-making as data is collected and processed. In addition, it has the potential to enable predictive maintenance, improve medical treatment, and provide benefits we haven't even considered.
And we're only getting started with this new technology trend: According to projections, about 50 billion IoT devices will be in use worldwide by 2030, resulting in a vast web of interconnected gadgets ranging from smartphones to kitchen appliances. In 2022, the global Internet of Things (IoT) spending is expected to exceed 1.1 trillion dollars. In addition, new technologies such as 5G are projected to boost market expansion in the following years.
Suppose you work in this growing field; you'll need. In that case, to learn about information security, AI and machine learning principles, networking, hardware interfacing, data analytics, automation, embedded systems understanding, and device and design knowledge.
8. 5G
Following the IoT, 5G is the next technology wave to emerge. Whereas 3G and 4G technologies allow us to access the Internet, use data-driven services, improve bandwidth for streaming on Spotify or YouTube, and much more, 5G services are predicted to transform our lives completely. By enabling services based on sophisticated technologies such as augmented reality and virtual reality, as well as cloud-based gaming services like Google Stadia, NVidia GeForce Now, and others. In addition, it is projected to be utilized in factories, high-definition cameras that aid in traffic management and safety, intelligent grid control, and smart retail.
Almost every telecom business, including Verizon, T-Mobile, Apple, Nokia Corp., and Qualcomm, is now developing 5G apps. Moreover, 5G services are scheduled to begin globally in 2021, with more than 50 operators launching services in roughly 30 countries by the end of the year, making it a new technology trend to keep an eye on and save a spot for.
9. CyberSecurity
Since it has been around for a long time, cyber security may not appear to be a trending technology, yet it is evolving much like other technologies. This is partly because threats are continually changing. Malevolent hackers attempting to access data illegally will not give up quickly and will continue to develop ways to circumvent even the most stringent security measures. It's also due to the adoption of new technology to improve security. Because cybersecurity will continue to evolve to defend against hackers as long as we have them, it will stay a popular technology.
The number of cybersecurity positions is expanding three times faster than other tech jobs, demonstrating the high demand for cybersecurity expertise. Furthermore, the need for adequate cybersecurity is so great that $6 trillion will be spent globally by 2021.
It would be best if you remembered that, as complex as the field is, it also offers high six-figure salaries and a wide range of job opportunities.
Ethical Hacker
Malware Analyst
Security Engineer
Chief Security Officer
I am offering a promising career path for someone who wants to get into and stick with this evergreen trending technology.
9 New Technology Trends and 1 Solution to Succeed in Them
Even though technologies are constantly developing and altering all around us, these top 9 new technology trends provide excellent career opportunities now and in the future. And because most of these trending technologies are looking for skilled individuals, now is the time to pick one, get trained, and jump on board while they're still in the early stages, putting you in a position to succeed now and in the future.
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