As technology is growing faster than ever, businesses and individuals that do not keep up with the following tech trends run the risk of being left behind!
So, without further ado, here are some of the top Technology Trends to watch in 2021.
1. Artificial Intelligence
Artificial intelligence (AI) is the technology used for equipping computer systems with the ability to make decisions like humans. Being one of the trending Technology Trends, when AI programs are fed to systems, the aim is to mimic human intelligence for performing complex tasks such as pattern recognition, speech recognition, weather forecast, and medical diagnosis.
AI is used in navigation based applications like Uber, voice assistants like Siri, video streaming services like Netflix, IoT devices and in search engines like Google and Bing. AI helps in automating tasks such as traffic, scheduling trains, making business predictions and designing driverless cars!
By 2030, AI automation is expected to create more than 70 million jobs. The sad fact is that AI might wipe out more than 23 million jobs by the same time frame. AI will create jobs in areas such as testing, support, maintenance, programming, and data science. Software developers who know AI earn much more than developers who don’t.
So, learning AI will help you secure jobs such as
- Machine Learning Engineer
- Data Scientist
- Computer Vision Engineer
- Business Intelligence Developer
- Data Analyst
Blockchain is the foundational technology that powers electronic currencies such as Cryptocurrencies. In simple terms, a Blockchain is an electronic ledger that can be shared among different users. This helps in creating a record of transactions that cannot be altered. Each of these records is time-stamped and linked to the previous one.
So every time a new transaction is added to the ledger, it is stored as another block in the chain of transactions – hence the name. Blockchain is updated after the different parties contributing to the ledger agree. After new data is fed into a block, it cannot be erased. This makes technology verifiable and secure.
This validation of transactions helps companies reduce their costs as no third party has to be paid. The system is very secure and there is no need for paying for centralized entities, as the technology is decentralized. Transactions are easier to track using Blockchain.
There is a rise in careers in Blockchain and it will create different job positions which are as follows:
- Blockchain Developers
- Blockchain Quality Engineer
- Blockchain Legal Consultant or Attorney
- Blockchain Engineer
3. Internet of Things
The IoT (Internet of Things) is a network of devices that are connected to each other. Their devices caninteract and share data with each other. These devices may be connected via WiFi, and they share data about their environments and how they are being used. These devices have a computer chip that facilitates this exchange.
It is predicted that more than 41 billion devices powered by IoT will be used by 2025.
IoT not only enables the connection between different devices but also their remote access. For example, you lock the doors of your car remotely, preheat your ovens and geysers. The FitBit that you use for tracking the number of calories you burn also runs on IoT technology. IoT chips embedded in machines help businesses to assess the performance of those machines and assist in their maintenance. Learn about the real world IoT applications in 2021.
Learning this latest technology trends will help you find jobs such as:
- IoT Software Developer
- System Design Engineer
- IoT Product Manager
- IoT Research Developer
- IoT Solution Architect
4. Virtual Reality
Next up in the list of latest Technology Trends concepts is VR. VR is the technology by which you can immerse yourself in an environment that seems astonishingly realistic. It is the use of computer technology for creating a simulated environment. It is very popularly used for playing computer games. Unlike traditional games where you experience the gaming environment by viewing it on the screen, you are directly placed in the environment!
Senses such as touch, hearing, smell, and vision are simulated in these environments. Using VR gear such as headsets, you can walk around and play the game in that 3D world. Augmented Reality (AR) is the technology used for improving this virtual environment.
The major players in this field are Facebook’s Oculus Rift, Sony’s PlayStation VR (PSVR), and the HTC Vive.
The VR technology is not only used for entertainment, but it is also used by the U.S. Navy and Coast Guard for training staff. They use a VR game called VirtualShip. AR and VR are used by doctors while performing surgery. Visitors in an amusement park or a museum can also use the technology to enhance their experience.
The VR industry is expected to reach close to $40 billion by 2021. Here are some VR job positions you can look out for:
- Content Producer
- AR and VR Content Writers
- Product Management
- Software Engineer
- UI and UX Design
- Quality Assurance
5. Data Science
Next up in the list of latest Technology Trends concepts is not surprisingly Data Science. Data Science is the technology that helps to make sense of complicated data. You know that data is produced in a humungous amount every day by companies. This includes business data, sales data, customer profile information, server data, and financial figures.
Most of this data is in the form of huge data sets that are unstructured. The role of data scientists is to convert these unstructured data sets into structured datasets. Then, these data sets can be analyzed to identify patterns and trends. These patterns are useful for understanding the company’s business performance, customer retention, and how these areas can be improved.
The average salary of a Data Scientist is $117,345/yr. No wonder the Harvard Business Review called it the “sexiest job of 21st Century”. But getting a job in this field will require you to have a thorough understanding of mathematics, statistics, computer science, and programming. Learn more about data scientist’s salaries in India.
Future scope of data science is bright which will create opportunities for the following career roles:
- Data Scientist
- Data Architect
- Business Intelligence Manager
- Data Engineer
- Data Analyst
- Business Analyst
These top technology trends are gonna be the center of attention for the tech world as we expect 2021 to be a year of innovations and possibilities.
Hopefully, these new Technology Trends will bring positive and valuable results, offering promising career potential now and for the coming future. Is there anything exciting in the world of tech that was missed on this list? Feel free to express your ideas in the comment section below.
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