Are you one of those who is looking to start afresh in the tech industry or looking to add a new technical skill to open up new job opportunities ?
Increase in salary a question or maybe the boss wants to hire someone else with multiple skillsets. You probably would be searching for trending technologies to learn which might help you solve these problems. In this blog post, I am going to list the top 12 emerging and trending technologies that will shape the digital future of business in 2020 and beyond, and which you can leverage for your benefit.
In short: If you want to beat the competition and get your dream job (yes, of course!! High Paid jobs), then follow this blog to know about the latest technology trends in the IT industry which will help you in tackling this problem. Let's get started.
P.S: Don’t miss number 8 (Yes, its related to Elon Musk!!)
1. Artificial intelligence
AI has picked up a lot of buzz in the market for some time now and it will continue to be a trend to watch in 2020 and beyond. This is because it has started to affect how we live, work and play.
Over the last four years, about 37% of organizations have implemented Artificial Intelligence in their systems in some form or the other. This is a staggering 270% increase in its applications worldwide in such a short duration.(Source: Gartner)
Not only these other branches of AI have also developed such as Machine Learning, NLP, fuzzy logic, etc. If you look around and see carefully, you will realize that AI finds its applications all around you. For example, AI-powered recommendation algorithms(e.g: Facebook’s “People you may know” or Amazon’s “Customers who bought this also bought”) is something you are becoming quite accustomed to.
But all this advancement in AI creates a boon as well as bane i.e AI is creating new jobs as well as eliminating the existing ones. According to reports, Artificial intelligence will create around 58 million new jobs by 2022. This is a huge number compared to the current number of job in AI.So it only becomes important to learn this emerging technology in the IT industry at the right time to make the most out of it.
Artificial Intelligence Certification Course - Explore the curriculum to master AI and deep learning.But all this advancement in AI creates a boon as well as bane i.e AI is creating new jobs as well as eliminating the existing ones. According to reports, Artificial intelligence will create around 58 million new jobs by 2022. This is a huge number compared to the current number of job in AI.
So it only becomes important to learn this emerging technology in the IT industry at the right time to make the most out of it.Artificial Intelligence Certification Course - Explore the curriculum to master AI and deep learning
2. Machine learning
Machine learning is a subset of Artificial Intelligence. Machine learning can be used to train computer programs to carry tasks on their own, either by feeding them initial data set or by learning on their own from the outcomes.ML is that part of science that needs no human intervention when developed fully. The growing field of machine learning comes with many opportunities and wide applications.
The global Machine learning market which was initially valued at $1.58B in 2017, is expected to reach $20.83B by 2024.(Source: Forbes) This huge increase in the global market value of ml is large because of its wide range of applications. ML also helps in reducing company costs, generating customer insights & intelligence and improving customer experiences.
Although machine learning helps in completing a countless number of tasks, it is also generating a huge demand for machine learning professionals. And these jobs pay well: According to payscale, the median salary of a machine learning engineer is $111k as of June 2020. This number is only expected to grow over the coming years. There is no doubt that ML will be the future of the IT industry and will shape our lives in the coming years.
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3. Augmented Reality and Virtual Reality
AR(Augmented Reality) and VR(Virtual reality) are catch-all terms which cover new and emerging technologies being used to create immersive and realistic digital experiences.
Augmented Reality(AR) overlays digital objects onto real-world objects through smartphones screens or other digital displays (Some common examples include Snapchat filter, Pokemon Go).
On the other hand, Virtual Reality(VR) refers to the computer-generated 3-dimensional environment in which a person can interact using special electronic devices, such as special goggles.
Although VR and AR are mainly used for gaming thus far, it has also been used for training. Such as simulated fighter jet or a simulated submarine is used for training army, navy all around the world. Over the past few years, certain big companies such as Google, Amazon, Microsoft, and Samsung have accelerated hiring for AR, VR professionals.
It is only a matter of time that other companies will also begin to utilize this latest trend in technology.Augmented Reality Virtual Reality Internship Program: Become a skilled AR VR professional in 2 months.
2020 and the coming years might well be the years for blockchain technology. Blockchain is nothing but a digital ledger which is used to record transactions. It is secure because of its encrypted and decentralized nature. Blockchain finds its application mainly in cryptocurrencies. But, it is not limited to this single domain.
Companies that provide financial services, transportation services, deliver consumer products and services are all expected to start incorporating blockchain into their daily business operations. Several big players such as FedEx, IBM are already implementing blockchain in their systems.
The global market size of blockchain will be worth $7.59B by 2024.(Source: Techjury) As the use of blockchain technology increases so will the demand for blockchain professionals.Bitcoin/Blockchain internship program: Master blockchain technology in 2 months with Verzeo’s internship program.
5. Internet of Things (IoT)
You might have noticed that there is a sudden increase in the number of devices that can be controlled remotely through the internet. Well, this is the beauty of the Internet of Things. IoT is the future and we are just at the beginning stages of it.By 2021 more than 35 billion IoT devices will be installed worldwide. Also, the IoT home market is expected to reach $ 53.45 billion by 2022.(Source: SecurityToday)
This increase in market for IoT will also bring a wave of new job openings. According to analytics insights, in India, the average salary for IoT engineer ranges from US$3657 – US$22,651 per year. Whereas in the US the average pays are between US$51,000- US$110,000 per year.
All these stats justify one thing that IoT will be the next trending technology in the IT industry in 2020 and beyond.IoT Internship Program: Become a skilled IOT engineer with Verzeo’s 2 months internship program on IoT.
DevOps is a combination of development and operations. It is used to create better products more efficiently. The simple structure of its operations is it streamlines the communication between those who build the product and those who are responsible for its functioning.DevOps is a new technology and has started to become a major IT trend in the industry. This is mainly because it increases the productivity of IT and business teams.
As of 2019, the global DevOps market was worth US$ 4.1 Billion.(Source: imarc) This also means that the job openings in this sector will also see a significant increase in number.According to Glassdoor, the average salary of a DevOps engineer in India is Rs 6,00,000.Now is the right time to invest in this emerging technology and become a certified DevOps engineer.
7. Cloud Computing
Cloud computing has now developed into a major technology that most companies have incorporated into their businesses. Cloud Computing is nothing but storing and accessing data over the internet instead of your computer's hard drive. You might as well be using this technology without knowing it. For example, all the data that you store in your google drive, that data is actually delivered to you via the cloud platform of Google.
Another example of this is all the movies and series available on Netflix or Amazon Prime. All these are stored on their cloud platform. Not only this, but cloud computing also finds its applications in other domains as well. There is no doubt that cloud computing has emerged as the best skill to learn in the 21st century.Microsoft Azure Cloud Computing Internship Program: Master Cloud Computing in 2 months with Verzeo’s internship program.
8. Electric vehicles
The concept of electric vehicles was developed a long time ago. It even came into practice early in the US when Elon Musk’s Tesla rolled out its first electric cars in 2008. Since then, the concept of electric vehicles has picked up the pace and its demand is at an all-time high in the market.In the U.S alone the number of electric vehicles is expected to reach 18.7 million as compared to 1 million at the end of 2018.(Source: eei.org)
The concept of electric vehicles is surely an upcoming technology trend to watch out for in the future. As more and more electric vehicles get on the road, the need for skilled personnel will increase thus creating more job opportunities. Learn this new age concept of manufacturing vehicles right now to get ahead of others.
9. Robotics Process Automation (RPA)
Robotic Process Automation or RPA is another such technology which is automating jobs, just like machine learning and Artificial intelligence.RPA allows you to automate repetitive tasks. An example of that is form processing. The task of creating a database form the filled entries in a form is a tedious repetitive task for a human to do, which can be easily done by RPA implementation in minutes.
The Global Robotic Process Automation Market size is expected to reach $7.2 billion by 2025. This makes RPA an upcoming IT trend which will affect majority of business operations in future (Source: Global News Wire).Learning RPA will definitely open up new job opportunities.
10. Big Data
Big Data refers to a large dataset that cannot be processed using the traditional database software. Some of its examples are Google’s search index, Facebook’s user profiles, or Amazon’s product listings. Most of the companies rely on big data to gain detailed insights about their customers, product research, marketing research, etc.
The revenue generated from Big Data is ever-growing. It is expected to generate $274.3 billion in 2022. (Source: HostingTribunal)
This increase in revenue is a clear signal that Big Data will become an integral part of most of the companies in the future. Thus it is one of the best skill to learn in 2020.Data Science Certification course: Explore the course curriculum and master big data with data science.
You might think that cybersecurity is not an emerging technology given that it has been around us for a long time. But it is evolving at a much faster pace than other technologies. This is because global threats have increased significantly in recent years. According to Cybint Solutions, 62% of businesses experienced phishing and social engineering attacks in 2018.
As the number of cyberattacks increases, the need for cybersecurity professionals will also increase. Thus leading to increases in jobs in this sector.
But surprisingly the world is seeing a shortage in the number of qualified cybersecurity professionals. There will be around 3.5 million vacant cybersecurity jobs by 2021.So it becomes appropriate to learn this skill and become a qualified cybersecurity engineer.Cyber Security Internship Program: Become a skilled cybersecurity engineer with Verzeo’s 2 months internship program on Cyber Security.
Robotics has picked up a lot of buzz in the market over the past few years and it will continue to be a trend to watch out for in 2020 and beyond. Today robots are more intelligent than ever. They have learned to respond to their surrounding environment and perform tasks without human intervention. It is also predicted that in the near future humans will work alongside robot colleagues seamlessly.
Robots are currently being used in the automobile industry to reduce manual labor. It is expected that robots will soon find their applications in our day to day activity as well. The increase in applications of robotics will result in a huge number of job losses. So it becomes important to learn how to program robots to prevent yourself from this “robotic massacre”.Robotics Internship Program: Master Robotics with Verzeo’s 2 months internship program on Robotics.
Wrapping things up
Even though technologies are emerging, dying, and evolving, these 12 technology trends will remain for a long time and will continue to offer promising career opportunities. Learning these trending technologies will surely put you on a path for a great career and will bulletproof you from job layoffs.
I hope this article was informative enough for you to get started for a great learning experience ahead. If you feel I have missed an important technology that should be in the above list do let us know. You can mail us your suggestions at email@example.com .