Must Learn Technologies of 2024: Hey there, tech enthusiasts! Welcome back to our blog. As of 2023, the technology industry boasted about 2.4 million job openings, with 60% of professionals transitioning from non-tech to tech careers. If you’re eager to carve a niche for yourself in this dynamic field but unsure where to start, this post is your guide. We’ll explore the top 10 technologies to learn in 2024, ensuring you’re ahead in the tech race.
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Blockchain technology, known for its application in cryptocurrencies, offers a secure way to record transactions. Its potential extends to supply chain management, voting systems, and more. The growing interest in blockchain across various industries has led to a surge in demand for professionals in this field.
Kicking off our list is Blockchain. Far beyond the realms of cryptocurrencies like Bitcoin, blockchain serves as a secure digital ledger for various industries, from finance to supply chain management. With its growing prominence, giants like IBM, Deloitte, Microsoft, and JP Morgan Chase are on the lookout for blockchain experts. In the US, such professionals can expect an average salary of $100,000.
Having Blockchain skills offers several benefits:
- Better Data Security: Blockchain keeps data safe and unchanged.
- Less Fraud and Mistakes: Its secure and open transactions reduce fraud and errors.
- Clear and Efficient Transactions: It makes transactions and checking things faster and easier.
- Easier Supply Chain Management: Blockchain improves tracking and responsibility in supply chains.
- Creating Decentralized Apps: These skills are great for making secure, decentralized applications (DApps).
Popular jobs in the field of Blockchain include:
- Blockchain Developer
- Blockchain Architect
- Blockchain Consultant
- Cryptocurrency Analyst
- Smart Contract Developer
9. Augmented Reality (AR) and Virtual Reality (VR)
AR and VR are redefining human interaction with digital environments, finding applications in gaming, education, and virtual training. These technologies offer immersive experiences and have a growing market, with tech companies seeking specialists in AR and VR development.
At number nine, AR and VR are transforming immersive experiences across gaming, education, and medical training. Companies like Facebook Meta, Google, Oculus, and Magic Leap are keen on hiring specialists in these fields. Professionals here can earn around $95,000 annually in the US.
What are the benefits associated with AR and VR Skills?
- Creating Realistic Interactions: AR and VR skills let you create real-life-like and immersive user experiences.
- Improving Training and Learning: They are used for creating real-world training situations and interactive learning.
- Showing Products in a New Way: AR and VR let people experience products virtually before buying.
- Exploring Places Virtually: These skills help create immersive tours of places and walkthroughs of properties, even if you’re far away.
- Better Virtual Meetings: AR and VR make it easier for teams to work together and communicate, even when they’re not in the same place.
Popular job titles for AR and VR roles:
- AR/VR Developer
- XR (Extended Reality) Designer
- 3D Modeler
- Virtual Reality Engineer
- Augmented Reality Specialist
8. Internet of Things (IoT)
The Internet of Things connects everyday objects to the internet, making them ‘smart’. IoT has applications in smart homes, healthcare, and urban planning. As the IoT network expands, so does the demand for skilled professionals in this sector.
Imagine your devices conversing with each other, making life more convenient. That’s IoT for you, ranked eighth on our list. Amazon, Apple, Google, and Samsung are scouting for IoT experts, offering an average salary of $130,000 in the US. By 2029, experts project that the global quantum computing market will generate over $2.5 billion in revenue.
7. 5G Technology
5G Technology is set to revolutionize communication with its high speed and low latency. This technology is crucial for the development of smart cities, autonomous vehicles, and enhanced mobile broadband. Telecommunications giants are heavily investing in 5G, offering numerous career opportunities.
Seventh place goes to 5G technology, a game-changer with its low latency and high bandwidth. It’s crucial for autonomous vehicles and telemedicine. Major players like Verizon, AT&T, Ericsson, and Huawei are seeking 5G experts, offering around $110,000 in the US.
Popular Jobs in 5G Technology
- 5G Network Engineer: Specializes in designing, implementing, and maintaining 5G networks.
- Telecommunications Specialist: Focuses on the deployment and operation of 5G technologies.
- RF (Radio Frequency) Engineer: Works on developing and optimizing RF technologies for 5G networks.
- IoT Solutions Architect: Designs IoT solutions that leverage the capabilities of 5G.
- 5G Security Specialist: Ensures the security and integrity of 5G networks and services.
- Network Performance Analyst: Monitors and analyzes the performance of 5G networks to optimize their efficiency and reliability.
6. Machine Learning
Machine Learning (ML), a subset of AI, involves algorithms that learn from data to make decisions and predictions. Its applications are widespread, from fraud detection to recommendation systems. The growing reliance on ML across industries has created a robust job market for ML professionals.
At six, Machine Learning (ML) is the brain behind AI, learning from data to make predictions and decisions. Google, Amazon, Microsoft, and Apple are hiring ML experts. With a projected market growth of 36% in the next five years, professionals can earn $150,000 in the US.
Machine learning skills bring several key benefits:
- Making Things Faster and Easier: They automate complex tasks, which saves time and cuts down on mistakes.
- Helping with Future Predictions: Machine learning models help in making better decisions by providing useful insights.
- Customizing Products and Services: You can tailor products and services to fit individual likes and needs.
- Spotting Patterns and Changes: These skills are great for finding unusual patterns and trends in big sets of data.
- Improving How Users Feel: They make user interactions and recommendations better and more enjoyable.
And here are some popular jobs in machine learning:
- Machine Learning Engineer
- Machine Learning Developer
- Robotics Engineer
- Natural Language Processing (NLP) Scientist
- Machine Learning Software Architect
- Data Scientist
With the increasing prevalence of digital data, Cybersecurity has become paramount. Professionals in this field work to protect data from cyber threats and breaches. There is a high demand for cybersecurity experts in companies across various sectors, highlighting the importance and growth of this field.
Given the rise in cyber threats, cybersecurity is more crucial than ever, placing fifth on our list. Firms like Palo Alto Networks, Cisco, and Fortinet are looking for cybersecurity specialists, offering salaries around $130,000 in the US. Gartner predicts that by 2025, 60% of organizations will make cybersecurity risk a key factor when they engage in transactions and business deals with third parties.
Cybersecurity skills come with several benefits:
- Fighting Cyber Threats: They help you fight against cyber threats, keeping data and systems safe.
- Keeping Data Private and Legal: You ensure data stays private and meet all the legal rules.
- Gaining Trust and a Good Reputation: These skills help build trust with customers and keep a company’s reputation strong.
- Keeping Business Running Smoothly: They prevent expensive breaks in work and other business problems.
- Growing Your Career: There’s a big demand for cybersecurity experts, which means lots of job chances.
And some popular jobs in cybersecurity are:
- Information Security Analyst
- Cyber Security Analyst
- Security Engineer
- Chief Information Security Officer (CISO)
- Security Architect
4. Edge Computing
Edge Computing addresses the limitations of cloud computing by processing data closer to the data source. This technology is vital for IoT applications, autonomous vehicles, and real-time data analytics. Companies like AWS and Microsoft Azure are leading the charge in edge computing, offering opportunities for professionals in this emerging field.
Edge Computing takes the fourth spot. It brings data processing closer to the source, enhancing speed and efficiency. AWS, Microsoft Azure, IBM, and HPE are recruiting in this field, with professionals earning up to $150,000 in the US.
Popular Jobs in Edge Computing
- Edge Computing Engineer: Specializes in developing and managing computing infrastructure at the edge of a network, close to the data source.
- IoT Solutions Architect: Designs and implements IoT solutions that utilize edge computing for enhanced performance and efficiency.
- Network Architect: Focuses on designing and implementing network infrastructure that supports edge computing capabilities.
- Cloud Engineer with Edge Focus: Works on integrating edge computing with cloud services to optimize data processing and storage.
- Data Scientist for Edge Analytics: Specializes in analyzing data directly at the edge of the network, enabling real-time insights.
Biotechnology is transforming healthcare, agriculture, and environmental conservation. Advances in gene editing, personalized medicine, and agricultural innovation demonstrate its wide-ranging impact. Biotech companies like Amgen and Crisper Therapeutics are actively seeking skilled professionals, making this field a lucrative career option.
At three, Biotechnology is revolutionizing healthcare and agriculture. Companies like Amgen, Regeneron, and Crisper Therapeutics are actively seeking experts in this field, with an average salary of $80,000 in the US.
Popular Jobs in Biotechnology
- Biomedical Engineer: Designs and develops biomedical equipment, devices, computer systems, and software used in healthcare.
- Microbiologist: Studies microorganisms and their effects on humans, animals, plants, and the environment.
- Clinical Research Associate: Monitors and coordinates clinical trials for new or improved biotech products.
- Bioinformatician: Uses tools and methods from informatics and statistics to analyze and interpret biological data, particularly complex datasets such as genetic sequences.
- Quality Control Analyst: Tests and monitors biotechnological products and processes to ensure they meet industry standards and safety regulations.
2. Quantum Computing
Quantum Computing stands as a paradigm shift in computational capabilities. Unlike classical computers, quantum computers use quantum bits (qubits), enabling them to solve complex problems much faster. This technology is revolutionizing fields like cryptography and drug discovery. Leading tech companies like IBM, Google, and Microsoft are investing heavily in quantum computing, offering significant career opportunities.
Quantum Computing, our runner-up, uses qubits to solve complex problems. IBM, Google, Microsoft, and Rigetti are hiring in this groundbreaking field, offering around $140,000 in the US.
1. Artificial Intelligence (AI)
AI is at the forefront of technological innovation. Its applications range from chatbots and self-driving cars to advanced medical diagnostics. AI’s ability to analyze large datasets and make intelligent decisions is reshaping industries. The demand for AI professionals is soaring, with companies like Google, Facebook Meta, Tesla, and OpenAI actively recruiting. The average salary for AI professionals is around $160,000 in the US and 8 lakh rupees in India.
Topping our list is AI, a continuously evolving field used in various applications. Major tech companies like Google, Facebook Meta, Tesla, and OpenAI are seeking AI experts, who can earn $160,000 in the US. Forrester predicts that by 2025, AI, machine learning, and automation will create 9% of new jobs in the U.S.
These are the top 10 technologies to learn in 2024. Whether it’s Blockchain or AI, mastering these fields can open incredible opportunities. Remember, staying ahead in your career requires continuous learning and upskilling. So, stay curious and keep learning!