Technology today is developing at such a rapid rate that it enables quicker change and growth, allowing the rate of change to accelerate to the point that it will eventually become exponential. However, it is not just technology trends and top technologies that are changing; much more has changed this decade, which has made IT professionals realise that their position in the contactless world of tomorrow will not be the same. Presently, an IT specialist will be continuously studying, unlearning, and relearning.
5. Artificial Intelligence (AI) and Machine Learning.
Artificial Intelligence, or AI, has created a lot of hype over the last decade, but it remains one of the hottest emerging technology developments because of its significant impacts on how we live, work, and play. AI is now well-known for its dominance in image and speech recognition, navigation apps, mobile personal assistants, ride-sharing apps, and a wide range of other applications.
Aside from that, AI would be used to evaluate interactions in order to uncover underlying links and observations, to forecast demand for facilities such as hospitals, allowing authorities to make better resource allocation decisions, and to identify evolving trends of consumer behaviour by analysing data in near real-time, resulting in increased revenues and customised experiences.
In the near future, the AI market will be worth $190 billion, with global spending on cognitive and AI systems exceeding $57 billion. New jobs will be generated in development, programming, testing, support, and maintenance, to name a few, as AI spreads across sectors. AI, on the other hand, pays some of the highest wages today, with salaries ranging from over $125,000 per year (machine learning engineer) to $145,000 per year (AI architect), making it the top emerging technology trend to keep an eye on.
4. Edge Computing.
Cloud computing, which was once a cutting-edge technology development to keep an eye on, has now become commonplace, with major players such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform leading the industry. If more companies move to a cloud solution, cloud computing adoption continues to rise. However, it is no longer a new technology trend. It's called the edge.
Organizations have recognised the limitations of cloud computing in certain cases as the volume of data they deal with continues to grow. Edge computing is intended to address some of these issues by avoiding the delay caused by cloud computing and allowing data to be sent directly to a datacenter for processing. It can exist "on the edge," as it were, closer to the point where computing is needed. As a result, edge computing can be used to process time-sensitive data in remote areas where access to a centralised location is restricted or non-existent. Edge computing will serve as a mini datacenter in these circumstances.
Edge computing will become more prevalent as the number of Internet of Things (IoT) devices grows. The global demand for edge computing is projected to hit $6.72 billion in the future. And this latest technological trend will only continue to expand, generating a variety of jobs, mainly for software engineers.
3. Virtual Reality and Augmented Reality.
Virtual Reality (VR), Augmented Reality (AR), and Extended Reality (ER) are the next great technological trends (ER). AR improves the user's environment while VR immerses them in it. While this technology trend has mainly been used for gaming, it has also been used for training, such as with VirtualShip, a simulation software used to train ship captains in the United States Navy, Army, and Coast Guard.
Currently, 14 million augmented reality and virtual reality systems were sold. The global AR and VR market is projected to reach $209.2 billion, resulting in more opportunities in the trending technology and more professionals prepared to join this game-changing sector.
Although some employers can require optics as a skill set, keep in mind that getting started in VR doesn't necessitate a lot of advanced expertise - simple programming skills and a forward-thinking mentality are enough to land a job; another reason why this emerging technology trend should be on your radar!
2. Blockchain.
While most people associate blockchain technology with cryptocurrencies like Bitcoin, it also provides protection in a variety of other ways. In its most basic form, blockchain is data that you can only add to, not subtract from or alter. Since you're creating a data chain, the word "chain" was coined. The fact that previous blocks cannot be changed is what makes it so safe. Furthermore, since blockchains are consensus-based, no one individual can monitor the data. You don't need a trustworthy third-party to oversee or verify transactions with blockchain.
Several industries are involving and introducing blockchain technology, and as the need for qualified practitioners grows, so does the demand for blockchain technology. From the perspective of a bird's eye view, a blockchain developer specialises in creating and integrating blockchain-based architecture and solutions. A blockchain developer's average annual salary 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 basics, flat and relational databases, data structures, web app creation, and networking to get into Blockchain.
1. Internet of Things (IoT).
IoT is another promising emerging technology trend. Many “things” now have WiFi connectivity, allowing them to link to the Internet—and to one another. As a result, the Internet of Things, or IoT, was born. The Internet of Things (IoT) is the wave of the future, and it has already allowed computers, home appliances, vehicles, and much more to link to the Internet and share data.
We are already using and benefiting from IoT as users. 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 health with Fitbits. Businesses, on the other hand, have a lot to gain right now and in the near future. As data is collected and analysed, the IoT will help businesses improve their safety, performance, and decision-making. It has the potential to allow predictive maintenance, enhance medical care, and provide benefits we haven't even considered.
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