Table of Contents:
- Computing Power
- Smarter Devices
- Datafication
- Artificial Intelligence (AI) and Machine Learning
- Extended Reality
- Digital Trust
- 3D Printing
- Genomics
- New Energy Solutions
- Robotic Process Automation (RPA)
- Edge Computing
- Quantum Computing
- Virtual Reality and Augmented Reality
- Blockchain
- Internet of Things (IoT)
- 5G
- Cybersecurity
The pace of technology evolution is rapid, leading to accelerated change and progress. COVID-19 has further transformed the IT landscape, highlighting the need for professionals to adapt and embrace continuous learning. In 2023-24, IT professionals will find themselves constantly learning, unlearning, and relearning to keep up with the evolving demands of a contactless world.
Artificial intelligence (AI) will play an increasingly prominent role in 2023, especially with advancements in natural language processing and machine learning. AI’s ability to comprehend human language and perform complex tasks will continue to advance. Additionally, the advent of 5G technology is expected to revolutionize our lives and work in the future.
What does this mean for individuals? It emphasizes the importance of staying updated with emerging technologies and the latest trends. By keeping an eye on the future, individuals can identify the skills required to secure future-proof jobs and pave their way towards success. With the majority of the global IT population currently working from home due to the pandemic, it presents an opportunity to utilize this time effectively. Exploring the top 18 emerging technology trends of 2023 can help individuals position themselves for the jobs that will be created by these advancements. Consider exploring job-oriented courses to enhance skills and stay competitive.
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- Computing Power
In the digital era, computing power has firmly established its position, with almost every device and appliance being computerized. The computing infrastructure we are currently building is expected to evolve even further in the coming years, according to data science experts. Additionally, with the advent of 5G and the upcoming era of 6G, we can anticipate more power in our hands and the proliferation of surrounding devices. This increase in computing power is also generating a significant number of tech jobs in the industry, requiring candidates with specialized qualifications. From data science to robotics and IT management, this field will contribute to a substantial percentage of employment in every country. As our devices demand more computing power, the economy will flourish with the growth of technicians, IT teams, relationship managers, and customer care services.
One crucial area within this field that you can start learning today is Robotic Process Automation (RPA). At Simplilearn, RPA focuses on computing and automation software that can prepare you for well-paying roles in the IT industry. Here are some top jobs you can target after gaining expertise in RPA:
- Data Scientist
- AI Engineer
- Robotics Researcher
- AI Architect
- Robotics Designer
- Smarter Devices
Artificial intelligence has played a vital role in making our world smarter and more streamlined. It goes beyond emulating human behavior and aims to simplify our lives and eliminate hassles. Smarter devices are here to stay in 2023 and beyond, as data scientists work on AI-powered home robots, appliances, work devices, wearables, and much more. Almost every job now requires smart software applications to enhance our work-life manageability. Smarter devices have become essential in the IT industry, as more companies transition into digital spaces. Proficiency in IT and automation has become a prerequisite for higher-level positions in various fields, including IT, marketing, and management. Simplilearn’s RPA course can help you master these skills and excel in your career. Here are some promising jobs you can explore:
- IT Manager
- Data Scientist
- Product Tester
- Product Manager
- Automation Engineer
- IT Researcher
- Datafication
Datafication involves transforming every aspect of our lives into data-driven technology. It refers to the conversion of human chores and tasks into data-driven processes. From smartphones and industrial machines to office applications and AI-powered appliances, data has become an integral part of our lives. The need for IT professionals, data scientists, engineers, technicians, managers, and more has increased due to datafication. What’s even more advantageous is that individuals with a solid understanding of technology can pursue certifications in data-related specializations to find employment in this field. Data jobs focus more on skills rather than advanced qualifications, and we have witnessed successful leaders emerging from smaller cities and developing countries like India. You can equip yourself with this trending skill by taking a course like RPA, which can provide insights into how automation works in the world of data. Let’s explore some popular data careers:
- Big Data Engineer
- Robotics Engineer
- IT Architect
- Business Intelligence Analyst
- Data Scientist
- Artificial Intelligence (AI) and Machine Learning
Artificial Intelligence (AI) has garnered significant attention in the past decade and continues to be a prominent new technology trend. Its effects on how we live, work, and play are still in the early stages. AI has already made notable contributions in areas such as image and speech recognition, navigation apps, smartphone personal assistants, and ride-sharing apps, among others.
AI will be further utilized to analyze interactions, identify connections and insights, predict demand for services like hospitals, and help authorities make informed decisions about resource allocation. It will also play a role in detecting changing patterns of customer behavior in real-time, driving revenue and enhancing personalized experiences.
The AI market is projected to grow into a $190 billion industry by 2025, with global spending on cognitive and AI systems reaching over $57 billion in 2023. As AI continues to expand across sectors, new jobs will be created in development, programming, testing, support, maintenance, and more. Moreover, AI offers some of the highest salaries today, ranging from over $125,000 per year for machine learning engineers to $145,000 per year for AI architects. It is undeniably the top new technology trend to watch out for!
Machine Learning, a subset of AI, is also experiencing widespread deployment across various industries, leading to a high demand for skilled professionals. Forrester predicts that AI, machine learning, and automation will create 9 percent of new U.S. jobs by 2025, including roles such as robot monitoring professionals, data scientists, automation specialists, and content curators. Therefore, mastering AI and machine learning will open up opportunities for jobs such as:
- AI Research Scientist
- AI Engineer
- Machine Learning Engineer
- AI Architect
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5. Extended Reality
Extended reality encompasses a range of technologies that simulate reality, including Virtual Reality (VR), Augmented Reality (AR), Mixed Reality (MR), and more. It is a significant technology trend that allows us to break free from the boundaries of the physical world. Extended reality finds applications in gaming, medical fields, retail, and modeling, among others.
In the realm of extended reality, the gaming industry offers exciting career opportunities that don’t necessarily require advanced qualifications but rely on a passion for online gaming. Pursuing careers in game design, animation, or editing programs can lead to success in this specialization. Additionally, there are various job roles in AR, VR, and ER that you can explore, including:
- Extended Reality Architect
- Front Lead Engineer
- Software Developer
- AR/VR Support Engineer
- Game Designer
- Professional Gamer
- Creative Director
6. Digital Trust
As people become more reliant on devices and technology, digital trust has become a crucial trend leading to further innovations. Digital trust involves having confidence in technology’s ability to create a secure and reliable digital world, enabling companies to innovate without concerns about public trust.
To establish a safer digital space, specializations in cybersecurity and ethical hacking are key areas to explore. In these fields, a range of jobs is available, from junior to senior levels. Ethical hacking may require professional certifications, while a diploma or master’s qualification can suffice for a high-salary role in cybersecurity. Here are some top jobs in cybersecurity and ethical hacking:
- Cybersecurity Analyst
- Penetration Tester
- Security Engineer
- Security Architect
- Security Automation Engineer
- Network Security Analyst
7. 3D Printing
3D printing is an innovative technology trend that allows for the creation of prototypes. It has had a significant impact on sectors such as biomedical and industrial fields. The ability to print physical objects from a printer has revolutionized industries that heavily rely on 3D printing for their products. Proficiency in AI, machine learning, modeling, and 3D printing opens up job opportunities in this specialization. Here are some of the top jobs in this field:
- CX Program Manager
- 3D Printer Engineer
- Emulation Prototyping Engineer
- Robotics Trainer
- AI Engineer
- Operations Manager
- Organ & Prosthetic Designer
8. Genomics
Genomics is a technology that studies DNA to improve health outcomes, enabling the identification of diseases and potential health issues. Within genomics, there are a variety of technical and non-technical roles. Technical jobs involve designing, analyzing, and diagnostics, while non-technical roles focus on research and theoretical analysis. Here are some top jobs in genomics:
- Bioinformatics Analyst
- Genome Research Analyst
- Full Stack Developer
- Software Engineer
- Bioinformatician
- Genetics Engineer
9. New Energy Solutions
As the world strives for greener energy options, careers related to alternative energy and environmental sustainability are on the rise. These careers encompass scientific and social science specializations and involve working with solar, thermal, hydro-power, and other renewable energy sources. Here are some top jobs in the new energy sector:
- Energy Specialist (Solar, Thermal, Hydro-power, etc.)
- Solar Plant Design Engineer
- Climate Strategy Specialist
- Project Manager
- Chemical Energy Expert
- Biotechnology Specialist
- Renewable Energy Technologist
10. Robotic Process Automation (RPA)
Robotic Process Automation (RPA) is a technology trend that automates business processes using software. It replaces repetitive tasks previously performed by humans. While RPA automation may impact certain jobs, it also creates new opportunities and transforms existing roles. Careers in RPA include developer, project manager, business analyst, solution architect, and consultant. RPA offers lucrative salary prospects, with RPA developers earning over ₹534K per year. Here are some top jobs in RPA:
- RPA Developer
- RPA Analyst
- RPA Architect
11. Edge Computing
Once considered a new technology trend, cloud computing has now become mainstream, with dominant players like AWS, Microsoft Azure, and Google Cloud Platform. However, a new emerging trend is edge computing. As organizations deal with increasing amounts of data, they have recognized the limitations of cloud computing in certain situations. Edge computing aims to address these challenges by reducing the latency caused by cloud computing and enabling data processing closer to where it is needed. It can be deployed “on the edge” in remote locations with limited connectivity, acting as mini data centers. The global edge computing market is projected to reach $6.72 billion by 2023, creating job opportunities primarily for software engineers.
12. Quantum Computing
Quantum computing is another remarkable technology trend that leverages quantum phenomena such as superposition and quantum entanglement. It has shown potential in various fields, including healthcare, finance, and research. Quantum computers are significantly faster than traditional computers, and major brands like Splunk, Honeywell, Microsoft, AWS, and Google are investing in quantum computing innovations. The global quantum computing market is expected to exceed $2.5 billion by 2029. To excel in this field, knowledge of quantum mechanics, linear algebra, probability, information theory, and machine learning is crucial.
13. Virtual Reality, Augmented Reality, and Extended Reality
Virtual Reality (VR), Augmented Reality (AR), and Extended Reality (ER) are transformative technology trends that offer immersive experiences. While primarily used in gaming, these technologies have applications in training, education, marketing, and rehabilitation. The global AR and VR market is projected to reach $209.2 billion by 2023, creating numerous opportunities in this field. Basic programming skills and a forward-thinking mindset can help individuals enter the VR industry, which doesn’t necessarily require specialized knowledge.
14. Blockchain
Blockchain technology, often associated with cryptocurrencies like Bitcoin, offers secure data management that extends beyond digital currencies. It allows for tamper-proof and decentralized record-keeping. Various industries are adopting blockchain, leading to increased demand for skilled professionals. Blockchain developers specialize in creating and implementing blockchain solutions, and the average annual salary for a blockchain developer is ₹469K. To pursue a career in blockchain, hands-on experience with programming languages, OOPS fundamentals, databases, data structures, web app development, and networking is essential.
15. Internet of Things (IoT)
The Internet of Things (IoT) is a technology trend where devices, appliances, and vehicles are connected to the internet, enabling data exchange. IoT has already made a significant impact on consumer applications, such as smart home devices and wearable fitness trackers. However, it also holds immense potential for businesses, offering benefits like improved safety, efficiency, and decision-making. The global spending on IoT is projected to reach 1.1 trillion U.S. dollars in 2023, with an estimated 50 billion IoT devices in use by 2030. To enter this field, knowledge of information security, AI, machine learning fundamentals, networking, hardware interfacing, data analytics, automation, embedded systems, and device design is valuable.
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16. 5G
Following the Internet of Things (IoT), the next technology trend is 5G. While 3G and 4G technologies have brought us internet browsing, data-driven services, and increased bandwidth for streaming, 5G is set to revolutionize our lives. It will enable advanced technologies like AR, VR, and cloud-based gaming services such as Google Stadia and NVidia GeForce Now. Moreover, 5G will find applications in factories, HD cameras for improved safety and traffic management, smart grid control, and smart retail. Telecom companies like Verizon, T-Mobile, Apple, Nokia Corp, and Qualcomm are actively working on creating 5G applications. By the end of 2027, 5G network subscriptions are expected to reach 4.4 billion, making it an essential emerging technology trend to watch and embrace.
17. Cybersecurity
While cybersecurity has been around for some time, it continues to evolve alongside other technologies. The ever-present threat of malicious hackers constantly pushes the boundaries of security measures. Additionally, new technologies are being adopted to enhance cybersecurity. As long as hackers persist, cybersecurity will remain a trending technology, constantly evolving to defend against them. The demand for cybersecurity professionals is growing rapidly, with the number of cybersecurity jobs increasing three times faster than other tech jobs. By 2025, Gartner predicts that 60% of organizations will prioritize cybersecurity risk in their business engagements. Despite its challenges, the field offers lucrative six-figure incomes and a range of roles, including ethical hacker, malware analyst, security engineer, and chief security officer. It presents a promising career path for those interested in entering and staying within this trending technology.
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