Technology is rapidly evolving today, allowing for faster change and progress and thereby accelerating the rate of change. However, it is not just technology trends and developing technologies that are changing; much more has changed this year as a result of 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 2021-22, an IT professional will be constantly learning, unlearning, and relearning (out of necessity if not desire) blockchain consulting.
What does this imply for you personally? It entails keeping up with evolving technologies and the most recent technological trends. It also entails keeping an eye on the future to determine which abilities you’ll need to find a secure work tomorrow, as well as learning how to get there. Because of the worldwide epidemic, the majority of the global IT workforce is sitting at home. And if you want to make the most of your time at home in 2022, here are the top 5 rising Current Technology Trends you should keep an eye on and try in order to secure one of the jobs that these new technology trends will create:
- Artificial Intelligence and Machine Learning
- Virtual Reality and Augmented Reality
- Internet of Things (IoT)
- Cyber Security
1. Artificial Intelligence (AI) and Machine Learning
Artificial Intelligence, or AI, has generated a lot of hype over the last decade, but it remains one of the hottest new technological trends because of its significant impacts on how we live, work, and play. AI is already well-known for its supremacy in picture and speech recognition, navigation apps, smartphone personal assistants, ride-sharing apps, and a wide range of other applications.
Aside from that, AI will be used to analyse interactions in order 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 behaviour by analysing data in near real-time, resulting in increased revenues and personalised experiences.
By 2025, the AI market will be worth $190 billion, with global spending on cognitive and AI systems exceeding $57 billion in 2022. New opportunities will be created in development, programming, testing, support, and maintenance, to mention a few, as AI spreads across sectors. AI, on the other hand, 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 being used in a wide range of businesses, resulting in a high demand for qualified workers. 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!
2. Virtual Reality and Augmented Reality
Virtual Reality (VR), Augmented Reality (AR), and Extended Reality (ER) are the next great technological trends (ER). AR enriches the user’s environment while VR immerses them in it. Although this technology trend has mostly been utilised 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.
We may expect these kind of technologies to become much more embedded into our lives by 2022. AR and VR have huge potential in training, entertainment, education, marketing, and even injury rehabilitation. They usually function in unison with some of the other developing technologies we’ve covered in this list. Both may be used to teach surgeons how to perform surgery, provide museum visitors a more immersive experience, improve theme parks, or even improve marketing, as in the case of this Pepsi Max bus shelter.
In 2019, 14 million augmented reality and virtual reality gadgets were sold. By 2022, the global AR and VR industry is predicted to reach $209.2 billion, resulting in more possibilities in the trending technology and more experts prepared to enter this game-changing field.
While some employers may look for optics as a skill set, keep in mind that getting started in VR doesn’t require a lot of specialized knowledge – basic programming skills and a forward-thinking mindset can land you a job, which is yet another reason why this new technology trend should be on your radar!
Although most people associate blockchain technology with cryptocurrencies like Bitcoin, it also provides security in a variety of other 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 changed is what makes it so secure. Furthermore, because blockchains are consensus-based, no single party can control the data. You don’t need a trustworthy third-party to oversee or validate transactions with blockchain.
Several industries are involving and using blockchain technology, and as the demand for trained workers grows, so does the demand for blockchain technology. From the perspective of a bird’s eye view, a blockchain developer specialises 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.
4. 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 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 enabled devices, home appliances, cars, and much more to connect to the Internet and exchange data.
We’re already using and benefiting from IoT as consumers. 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. Businesses, on the other hand, have a lot to gain right now and in the near future. As data is collected and processed, the IoT can help organisations improve their safety, efficiency, and decision-making. 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 throughout the world by 2030, resulting in a huge web of interconnected gadgets ranging from smartphones to kitchen appliances. In 2022, global Internet of Things (IoT) spending is expected to exceed 1.1 trillion dollars. In the following years, new technologies such as 5G are projected to boost market expansion.
If you want to work in this hot field, you’ll need to learn about information security, AI and machine learning principles, networking, hardware interfacing, data analytics, automation, embedded systems understanding, and device and design knowledge.
5. Cyber Security
Given its long history, cyber security may not appear to be an emerging technology, yet it is evolving at the same rate as other technologies. This is partly due to the fact that threats are continually evolving. Malevolent hackers attempting to illegally access data will not give up easily, and they 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. By 2025, 60% of firms will utilise cybersecurity risk as a main decision in performing third-party transactions and commercial engagements, according to Gartner.