In 2023, there were approximately 2.4 million job openings in the technology industry, with 60% of professionals transitioning from non-tech careers to tech careers. If you want to make a career in the tech industry but are confused about where to take your next step, this guide is for you. Let’s get started with the top 10 technologies to learn in 2024.
Table of contents
1. Blockchain
You’ve probably heard about it in the context of cryptocurrencies like Bitcoin, but there’s so much more to it. Blockchain is like a digital ledger that records transactions securely.
It’s used in various industries, from finance to supply chain management. Blockchain technology is gaining significant traction, with companies like IBM, Deloitte, Microsoft, and JP Morgan Chase actively hiring blockchain experts.
Blockchain professionals can expect an average annual salary of $100,000 in the US and 8 lakh rupees in India.
2. Augmented Reality (AR) and Virtual Reality (VR)
Coming in at two, we have augmented reality (AR) and virtual reality (VR). These technologies are taking immersive experiences to the next level, from gaming to education and even medical training.
AR and VR are set to revolutionize the way we interact with the digital world. Leading companies like Facebook (Meta), Google, Oculus, and Magic Leap are actively recruiting specialists in AR and VR.
Professionals in this field can earn an average annual salary of $95,000 in the US and 6 lakh rupees in India.
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3. Internet of Things (IoT)
At number three, we have the Internet of Things (IoT). Imagine your devices talking to each other, making your life more convenient.
IoT is all about connecting everyday objects to the internet, making them smart and capable of sharing data.
Companies like Amazon, Apple, Google, and Samsung are actively seeking IoT experts. IoT professionals can earn an average annual salary of $130,000 in the US and 7 lakh rupees in India.
4. 5G Technology
Our fourth pick is 5G technology. It’s not just faster internet for your phone; it’s a game-changer with lower latency and higher bandwidth.
It will pave the way for advancements in autonomous vehicles, telemedicine, and more. Major players like Verizon, AT&T, Ericsson, and Huawei are actively recruiting 5G experts.
Professionals specializing in 5G technology can expect an average annual salary of $110,000 in the US and 6 lakh rupees in India. It can be the best technology to Learn In 2024
5. Machine Learning
In the fifth spot, we have machine learning (ML). It’s the brains behind AI. ML algorithms learn from data and make predictions or decisions without explicit programming.
From recommendation systems to fraud detection, it’s everywhere. Tech giants like Google, Amazon, Microsoft, and Apple are continuously hiring machine learning experts.
The machine learning market is projected to have a CAGR of approximately 36% over the next five years. Professionals in this field can earn an average annual salary of $150,000 in the US and 10 lakh rupees in India.
6. Cybersecurity
Protecting our digital world is more crucial than ever, and that’s why cybersecurity takes the sixth position. With the increasing number of cyber threats, professionals who can safeguard our data are in high demand for technologies to learn In 2024
Leading cybersecurity firms like Palo Alto Networks, Cisco, Fortinet, and Check Point are actively seeking cybersecurity specialists. Cybersecurity professionals can earn an average annual salary of $130,000 in the US and 7 lakh rupees in India.
7. Edge Computing
At number seven, we’ve got edge computing. It’s like bringing the cloud closer to you. With edge computing, data processing happens closer to the data source, reducing latency and improving real-time processing.
It’s vital for IoT and other applications. Companies such as AWS, Microsoft Azure, IBM, and Hewlett Packard Enterprise are actively recruiting experts in edge computing. Professionals in this field can earn an average annual salary of $150,000 in the US and 12 lakh rupees in India.
8. Biotechnology
Now let’s shift gears a bit. In the eighth spot, we have biotechnology. Advancements in biotech are transforming healthcare, agriculture, and more.
From gene editing to personalized medicine, it’s a field with immense potential. Leading biotech companies like Amgen, Regeneron, Gilead Sciences, and CRISPR Therapeutics are actively recruiting biotechnology experts.
Professionals in biotechnology can expect an average annual salary of $80,000 in the US and 6 lakh rupees in India.
9. Quantum Computing
In the runner-up position, we have quantum computing. It’s not science fiction anymore. Quantum computers use quantum bits (qubits) and can solve complex problems that classical computers can’t. This could revolutionize industries like cryptography and drug discovery.
Tech giants like IBM, Google, Microsoft, and Rigetti are actively seeking quantum computing experts. Professionals in this field can earn an average annual salary of $140,000 in the US and 12 lakh rupees in India.
10. Artificial Intelligence (AI)
Finally, claiming the tenth spot on our list is artificial intelligence (AI). It’s the technology that keeps evolving and never ceases to amaze us. AI is used in chatbots, self-driving cars, medical diagnosis, and so much more.
Learning AI opens doors to endless possibilities. Virtually every major tech company in the world, including Google, Facebook (Meta), Tesla, and OpenAI, is actively recruiting AI experts. AI professionals can earn an average annual salary of $160,000 in the US and 8 lakh rupees in India.
AI is the cornerstone of the digital revolution. It’s what powers virtual assistants like Siri and Alexa, recommendation engines on platforms like Netflix, and the algorithms behind autonomous vehicles. AI’s ability to analyze vast data sets and make intelligent decisions is reshaping industries.
Conclusion
So there you have it, folks—the top 10 technologies to learn in 2024. Whether you’re exploring blockchain or diving into the world of AI, remember that learning and adapting to these technologies can open up incredible opportunities.
What are your thoughts on these technologies? Which one are you most excited about? Let us know in the comments below. Until next time, stay curious and keep learning!
Staying ahead in your career requires continuous learning and upskilling. Whether you’re a student aiming to learn today’s top skills or a working professional looking to advance your career, we’ve got you covered.