New Technology Trends in 2024

Top New Technologies To Learn in 2024

• Artificial intelligence
• Machine learning
• Quantum Computing
• Internet of Things
• 5G and 6G Networks
• Cybersecurity
• Metaverse
• Blockchain Technology
• Data Science
• Autonomous Vehicles
• Web Development
• Hyperautomation
• Cloud Computing
• Robotics
• Natural Language Processing

Despite new technologies delivering great value to the digital world across various domains, many global MNCs have reduced their workforce, resulting in the loss of more than 2 lakh jobs in 2023 alone. There are many factors behind the job cuts. Still, to combat the concern of losing jobs in 2024, every career aspirant has to upskill and upgrade their potential, competing with themselves and keeping them aligned with new and emerging technologies. This blog delivers the latest technology trends that will help you build an excellent career for the years to come.

Technologies To Upskill Your Career in 2024

Now let us read briefly about each of the new technology you should follow in 2024.

Tech Trend #1. Artificial Intelligence (AI)

 Artificial Intelligence is the future of the IT industry and is already showing its impact on daily life. With the advent of AI, many other technologies taking assistance have proved tremendous improvement in performance. Every other technology pairs up with AI to show the world what we never thought existed. Yes, enterprises adopting AI as a part of their workforce can impact new and existing employment opportunities. However, remember that AI is a human invention and can never beat the person with a zeal to learn and achieve more.  If you are looking to become an expert in the AI field, you need to possess knowledge in Python programming, mathematics, deep learning, and machine learning.

AI is everywhere and proves its power by improving the performance of every area it applies. Healthcare, manufacturing, NLP, cybersecurity, and other critical IT areas leverage AI's potential to achieve more incredible milestones yearly. 

Interesting AI trends to look forward to:

• Generative AI is trending for its exceptional potential to develop innovative approaches to build various applications to create content and data augmentation, improve efficiency and automation, and enhance creativity.
• Expandable AI, popularly known as XAI, talks about how AI makes decisions and maintains transparency about the AI models used in making crucial decisions.
• Edge AI deals with quicker decision-making and reduced latency by moving the AI processing to the networking edge, allowing IoT devices to make real-time optimal decisions.
• AI in the creative field is helping art, music, and content creation by leveraging AI with prompts and delivering a realistic version of an imaginary world. For example, a text-to-image prompt can develop an AI image instantly.

Future of AI

Experts analyze innovations and predict the future of technology and their impact on the real world with their performance and potential. Here are some of the exciting predictions by expert forecasting platforms.

• Global Market Growth predicts that the AI market will reach nearly USD 750 Billion within the next five years, with a CAGR above 40% from 2020.
• Gartner reports that advancements in the NLP will record almost 80% of the conversations at work by 2025.
• AI in job creation increases anxiety, as the study says that AI creates more jobs than it replaces. World Economic Forum states that there will be nearly 100 million new jobs by AI, which might replace around 80 million.

Career Opportunities:

Learning AI skills will offer various job roles. Here are a few fascinating and famous Artificial Intelligence career opportunities employers are currently looking for on famous job portals like Dice, Naukri, Indeed, and Google Jobs:

• Data Scientist
• AI Research Scientist
• Machine Learning Engineer
• AI Ethics Officer

Skills Required:

AI with Machine Learning, Python or any programming language, Neural Networks, NLP, and Data Analytics are preferred skills and are not mandatory to become an AI professional. 

Add-on Skills:

Problem-solving, creative thinking, and familiarity with cloud computing platforms will be add-on skills for an AI career aspirant.

If you would like to Enrich your career with an Artificial Intelligence certified professional, then visit here for the “Artificial Intelligence Certification Course”. This course will help you to achieve excellence in this domain.

Tech Trend #2. Machine Learning

Machine learning is a subset of Artificial Intelligence that trains models using the data without manual intervention. Machine learning models help enterprises automate operations by feeding the existing data and performing necessary actions and predictions based on that data. In simple terms, Machine learning is the process of computer programs learning insights from the data and performing forecasts and activities based on the information they know.

Machine learning algorithms assist data-driven decision-making and allow enterprises with supervised, unsupervised, and reinforcement learning activities. Pattern recognition is one key area of Machine learning applications that helps industries understand customer behavior and deliver enhanced services.

Machine Learning Trends

• AutoML is an automated machine learning trend that allows enterprises to apply machine learning algorithms for real-world problems, simplifying tasks, deploying suitable models, and making decisions using appropriate parameters.
• ML in Health care helps medicos in predictive diagnostics, personalized medicines, and drug discovery learning from the extensive existing data sets.
• Reinforcement learning in robotics and autonomous systems will see progress as self-driving cars, drones, and robotic process automation are no longer prototypes.

Future of Machine Learning

• With a CAGR close to 30%, the Machine learning market size will grow from USD 8.43 billion in 2019 to USD 30.6 billion by 2024. That’s huge.
• Deloitte’s study reveals that 67% of global companies already adopted Machine Learning for their daily operations. The numbers keep growing.
• Machine Learning with Artificial Intelligence collectively helps increase global productivity by 1.4% annually.

Career Opportunities

Equip yourself with Machine learning skills, which have the potential to provide more than 60 million jobs by 2024. A few of the machine learning job roles to aim for:

• Machine learning engineer
• Data scientist
• NLP scientist
• ML Consultant
• Robotics Engineer

Skills required

To become an expert Machine Learning professional, one has to have proficiency in programming languages like Python, R, or Java and a sound understanding of algorithms and models, statistics and probability, data modeling and evaluation, and mathematical concepts like linear algebra, calculus and basics of developing machine learning algorithms.

If you want to enrich your career and become a Machine Learning professional, enroll in " Machine Learning Training". This course will help you to achieve excellence in this domain.

Tech Trend #3. Quantum Computing

Quantum computing is a process of solving real-time problems using the principles of quantum mechanism, which uses quantum bits and qubits. Quantum computing offers superposition to the qubits as they exist in multiple states simultaneously, giving the quantum computers the authority to perform many calculations simultaneously. It harnesses quantum mechanics and processes information with lightning speed, far quicker than traditional computing devices. 

Quantum computing processes complex calculations are accessible and valuable in cyber security and cryptography, drug development and healthcare, financial modeling, climate change forecasts, and Quantum computing as a service(QCaaS) very soon.

Quantum Computing Trends for 2024

• Quantum's advantage is that it applies quantum computing to solve specific practical problems faster and more efficiently than classical computers.
• Quantum computing is working on building hybrid computing solutions that combine classical systems with quantum computing solutions.
• Qubit stability is a primary concern, and quantum error correction will significantly impact the adoption of quantum computing in the real world to resolve complex problems.

Future of Quantum Computing

• Allied market research reports quantum computing will grow at a CAGR of 56% from 2020 to 2030, with a valuation of USD 507 million to become USD 65 billion.
• Google’s quantum computer, Sycamore, proves its Quantum supremacy by solving complex problems in 200 milliseconds, which a traditional computer can take around 10000 years to complete. Speed is the future.
• The skill gap is another primary concern that builds hope for better opportunities for quantum computing professionals. Boston Consulting Group says only 2,000 to 3,000 professionals are available globally, and scarcity offers excellent opportunities for skilled individuals.

Career Opportunities

The increase in the commercial traction of quantum computing offers exciting job roles like:

• Quantum Research Scientist
• Quantum Software/Hardware Developer
• Data Scientists with Quantum Expertise

Skills

Proficiency in Python with Qiskit or Cirq libraries, Quantum mechanics, linear algebra, data analysis, and computer science fundamentals will enhance your chances of becoming an expert quantum computing professional. 

Add-On Skills

Along with the core skills, problem-solving and critical thinking with mathematical modeling, analytical thinking, understanding of cryptography, and experience with classical computing principles will have added advantages to stay ahead of the competition.

Tech Trend #4. Internet of Things (IoT)

The Internet of Things (IoT) has already become a part of individuals' lives by processing real-time data using digital gadgets and smart devices to make better decisions and perform specific actions. IoT is a network of interconnected devices that communicate and exchange data, adding intelligence to physical objects. These smart devices transform enterprises, cities, and the lives of individuals, providing safety and convenience by enhancing efficiency. IoT is one of the latest information technology trends in 2024.

IoT Trends for 2024

• IoT integration with AI and ML will significantly impact human lives, enhancing real-time data processing and decision-making capabilities.
• Expansion of the 5g network is the next big thing in IT, which enhances the IoT industry with better connectivity and deploys more complex devices to the network.
• Edge computing and security improve efficiency and speed and also focus on addressing vulnerabilities and reinforcing cybersecurity measures.

Future of IoT

• Fortune Business Insights reports the market size of IoT in 2028 will be USD 1854.76 billion by 2028, with a CAGR of 25.6% from 2021.
• The increase in investment in Industrial IoT from 29 billion in 2015 to 70 billion in 2020 shows the significance of IoT in industries and the strong future for IoT.
• Microsoft's “IoT Signals” report says 47% of companies fall short of skilled professionals, indicating the demand for experts.

Career Opportunities

As the demand for IoT professionals increases, this is the right time to learn how to leverage IoT advancements to improve enterprise performance. IoT provides excellent opportunities for skilled professionals, of which the following are a few famous job roles:

• IoT Solutions Architect
• Systems Engineer
• Security Specialist
• Product Manager
• Network Engineer

IoT Skills

The knowledge of sensor technology, cloud computing, data analytics, and embedded systems will help you build a robust career with IoT.

Add-on Skills:

Cybersecurity knowledge, machine learning, and strong communication skills are add-on skills for an individual seeking a career in IoT.

Enrich Your Career By Enrolling in "IoT Online Training"

Tech Trend #5. 5G and 6G Networks

5G networks in many countries are active and have also started research to launch a beta version of 6G and test the results. These technological advancements in the network will enhance wireless communication, providing faster data transfer speeds, reduced latency, and greater data exchange capacity. Improved network speeds will enable IoT connectivity and augmented reality experiences with smart infrastructure, which impacts the human lifestyle much better, enhancing how we interact with the digital world. 

Applying 5G and 6G in different industries will significantly improve efficiency and productivity, providing much better connectivity to digital resources.

5G Technology Trends for 2024

5G and 6G networking will enhance how smart devices interact and interchange data, as the latest wireless technology relies more on mobile networks. Here are the most advanced technology trends to watch out for in 2024.

• Enhanced mobile broadband, popular as eMBB, provides ultra-high definition videos, seamless video conferencing features, and immersive AR and VR experiences.
• Industrial IoT with 5G will significantly improve massive machine-type communications (mMTC), enabling efficient factory automation, smart manufacturing, and precision agriculture.
• Integrating AI with 5G networks will ensure optimized traffic management and predictive maintenance, resulting in a performance upgrade of 5G now and 6G later.

Future of 5G

• 5G networks will grow at a CAGR of 29.4% from 2020 to 2026, with market size projected to grow from USD 53.93 billion to USD 249.2 billion.
• As we know, “time is money,” speed, and efficiency will play a key role in industrial evolution, for which 5G networks will boost rates 100 times more than 4G.
• The speed at which the 5G network coverage spreads will bring 60% of the world’s population connected with 5G by 2026, making it the fastest-deployed mobile communication in history.

Career Opportunities

The future of 5G and 6G anticipates many great career opportunities, of which the following are some of the famous job roles to build a great professional career.

• Network Engineer
• RF Engineer
• 5G Solutions Architect
• Telecommunications Specialist 

Skills Required

To become an expert network engineer or have a similar job profile, knowledge of 5G/6G standards, network security, IoT integration, and an overview of wireless communication are essential. 

Add-on Skills

Project management and understanding of AI and ML applications in networking will bring you closer to the job opportunities under the 5G/6G network category.

Tech Trend #6. Cybersecurity Innovations

With the advent of IoT and 5G services, safeguarding one’s access to the digital world through cybersecurity innovations is essential for human well-being. Innovation is helping us interconnect networks, devices, data, systems, and humans to some extent; these networks are more vulnerable to cyber-attacks. 

Cybersecurity Tech Trends

• AI-driven security operations enhance real-time threat detection using AI and ML and define automated responses to complex cyberattacks.
• Zero trust architecture adoption using cybersecurity assures no trust is assumed, and everyone accessing resources or performing network activities needs to be verified.
• Privacy-enhanced technologies, or PETs, help restrict data privacy constraints and growing concerns over personal data security.

Future of Cybersecurity

• Cybersecurity Ventures predicts that the cost of cybercrimes will increase from USD 3 trillion annually in 2015 to USD 10 trillion annually by 2025.
• The same report also claims that the ransomware attack frequency increases, as businesses will fall victim every 11 seconds by 2025; earlier in 2019, the rate was around 14 seconds.
• As per ISC, the demand for cybersecurity professionals will increase as the skill gap rises to 1.9 million by 2024.

Career Opportunities

Research shows the skill gap and demand for cybersecurity professionals increase, and those who upskill themselves with the necessary skills can land one of many cybersecurity professions, of which the following are the most fascinating job roles:

• Cybersecurity Analysts
• Security Architects
• Penetration Testers
• Compliance Officers

Skills Required:

To become an expert cybersecurity professional, one must equip oneself with network security, ethical hacking, cryptography, and sound knowledge of risk management.

Add-on Skills

Cybersecurity involves complex real-time issues requiring strong problem-solving, knowledge of legal and regulatory requirements, and communication skills.

Gain essential skills to defend your organization from security threats by enrolling in our Cyber Security Training.

Tech Trend #7. Metaverse

  Metaverse has become a buzzword, gaining traction over the past few years. It is changing how we interact with the digital world with augmented reality (AR) and virtual reality (VR) assistance. Metaverse has much potential to build an imaginary digital world that can integrate with the natural world with real-time rendered 3d simulations. The digital economy around the metaverse reduces the gap between actual and physical interactivity, enhancing immersion experiences. An awaited feature of Metaverse is the ability to interact over virtual spaces, which excites the audience to experience collaboration and community building in a new way.

Metaverse Trends

• Making the most of AR and VR with metaverse provides an immense experience of the virtual world, and this trend enhances virtual estate, and spaces wil become mainstream.
• Cryptocurrencies and the digital economy will grow with Metaverse, where users can buy or sell virtual goods and services using blockchain technology. 
• Integrating IoT with Metaverse provides great virtual social and collaborative experiences to the users irrespective of our geographical locations, welcoming new ways of global communication.

Future of Metaverse

• Metaverse's Market value shows exceptional YoY growth and can generate revenue of USD 800 billion by 2024, which was USD 500 billion in 2020.
• Corporate investors look forward to investing more into the metaverse as Facebook announces committing $10 billion in the next several years. 
• Metaverse is so fascinating that it will have a global economic impact by 2030, contributing over USD 1.5 trillion, per PwC reports.

Metaverse Career Opportunities

Metaverse provides various career opportunities across several disciplines and skills. Future of Metaverse provides great careers to individuals who aspire to build a career with Metaverse and can opt for the following job roles:

• AR/VR Developers
• 3D Modelers
• Blockchain Developers
• Game Designers
• Cyber Experts
• Metaverse Architects and Planners

Skills Required

Individuals who learn skills to build 3d models and animations, AR/VR development, blockchain, and cryptocurrencies can get into the career path of creating a great Metaverse for the world.

Add On Skills

Additional skills like complex, strong problem-solving, project management knowledge, adaptability, continuous learning, and communication can easily fetch metaverse jobs.

Tech Trend #8. Blockchain Technology

  Blockchain technology has become the backbone of many high-potential applications due to its robust build and quality features. A decentralized network that provides high security, transparency, and enhanced trust with its ledger system, smart contracts, and ability to track transactions with clarity, helping financial, supply chain management, and banking industry made this blockchain the most robust and futuristic technological trend of the decade. The quick movement and hype of Non-Fungible Tokens(NFTs) is another exciting aspect of Blockchain that helps NFTs with unique digital assets for digital arts, collectibles, and online content. 

Blockchain trends for 2024

• DeFi - Decentralised finance will rise to new heights with the advent of Blockchain, helping the financial industry to offer more sophisticated services.
• CBDCs - Central Bank Digital Currencies allow countries to pilot their digital currencies backed by their central banks, where blockchain helps with security and efficiency.
• Smart contracts, IoT integrations, AI convergence, and enhanced privacy over the internet are the most exciting trends by Blockchain to look forward to in 2024.

Future of Blockchain

• With an exceptional CAGR of 80 plus between 2020 and 2028, Blockchain will reach USD 394.6 billion, states Grand View Research, talking about its market value.
• Markets And Markets forecasts the contribution of Blockchain to the banking industry will grow from USD 1.2 billion in 2018 to USD 23.3 billion in 2023.
• Growth in enterprise blockchain solutions, initiatives like voting and identity verifications, and the rise in DeFi will show an excellent future for Blockchain in the ears to come.

Career Opportunities

Aiming to build a career in blockchain, you could desire to become in any of these famous job roles, which include Blockchain Developer, Blockchain Solution Architect, Smart Contract Developer, and Blockchain Consultant.

Skills Required

To become an expert professional in blockchain, one must have good knowledge of Cryptography, Smart Contracts, Blockchain Platforms (Ethereum, Hyperledger), and Programming (Solidity, JavaScript).

Add-on Skills

In addition to the core skills, understanding finance and banking, regulatory knowledge, and distributed computing will quickly enrich your chances of becoming a successful blockchain professional.

Upskill Your Career By Registering in Blockchain Online Course

Tech Trend #9. Data Science

We live in an information-driven world where everything we see on digital platforms is an analytical output of our previous interactions with the internet. Data science helps provide tailored services to all industries aiming to provide excellent customer experience. Extracting the knowledge from the structured and unstructured datasets using ML and statistics to drive businesses in making optimal decisions made data science the most promising trend for the current IT phase. Exponential growth in data creation by individuals and machines welcomes great data science opportunities in proportion to data growth.

Data Science Trends for 2024

• Integrating AI and ML into businesses helps in automation. It assists companies in making the most out of data using ML algorithms and defining strategies to implement experimental and full-scale operations.
• The augmented analytics trend will allow enterprises to automatically deliver augmented human intelligence to extract valuable insights from the data.
• Ethical AI and responsible data science will be a hot topic anytime soon as privacy and ethical concerns continue to rise. Experts develop AI systems with transparency and free-form biases to ensure user data aligns with data privacy regulations.

Future of Data Science

• The market value of Data science is USD 95.3 billion in 2022, and the Business Research Company estimates it will grow upto USD 322.9 billion by 2026, with 35.2% CAGR.
• LinkedIn reports ‘Data Scientist’ as the most promising career opportunity, and IBM warns that the USA will provide 2.7 million similar jobs and fall short of skilled professionals. The right time to upskill and become a Data Science professional is NOW.
• 85% of global CEOs show interest in adopting AI and Data Science to their businesses to enhance their business delivery, according to the PwCs Annual CEOs survey report.

Career Opportunities

Data science provides many career opportunities across various domain verticles; the following are the most popular job roles to watch for:

• Data analyst
• Machine Learning Engineer
• Data Engineer
• AI Specialist
• Research Scientist
• Data Architect

Skills to become a Data Scientist

A data scientist must possess core skills like statistical analysis and mathematics with sound knowledge in programming languages like Python or R, data visualization, big data, machine learning, and data preprocessing. 

Add On Skills

Apart from the mandatory skillset, one must have strong problem-solving, analytical, ethical understanding, and communication skills to excel as a data scientist.

Tech Trend #10. Autonomous Vehicles

Autonomous vehicles are garnering so much attention for their potential to generate new, enhanced lifestyles and transform traditional transportation and urban planning. Exceptional features of an AV could help us with better daily routines, like reduced accidents, finding optimal routes to minimize traffic congestion, reducing carbon emission, accessibility, and economic impact, which are raising the interest of individuals to witness these visuals take shape in real life. Innovative and intelligent city development will welcome AVs as they change how commuters use public transport while traveling long to work, enabling a more thoughtful, safer, and more sustainable transport environment.

Autonomous Vehicles Trends

• Integrating AI and ML with autonomous vehicles can offer a driving experience by allowing AVs to make better road decisions using sensors, cameras, and radars.
• AVs bring up new collaborations and partnerships among tech startups and auto manufacturers to build next-generation vehicles, sharing resources, knowledge, and experiences.
• AVs offer sustainable living by utilizing the electrification of vehicles.

Future of Autonomous Vehicles

• AV's market value was around USD 54.23 billion in 2019. Grand View report estimates the valuation will hit new heights of more than USD 600 billion by 2027 with a 63.5% CAGR.
• Allied market research predicts there will be more than 4.2 million autonomous vehicles by 2030 globally.
• Reduced accidents, fuel, and time will have a positive economic impact of up to USD 800 billion annually, says Accenture.

Career Opportunities

Innovation in the auto industry brings manufacturers and tech companies together, and there is scope for many great opportunities for individuals to become popular professionals like

• Autonomous Vehicle Engineer
• Robotics Engineers
• Perception Systems Engineer,
• Safety Systems Developers.

Skills Required

Aspirants who want a career in the AV sector must gain a sound knowledge of core skills like robotics, machine learning, image processing, and embedded systems.

Add-on Skills

Additional skill sets to crack jobs in the AV sector are Software development, sensor fusion, regulatory knowledge, and safety engineering.

11. Web Development

Changing needs in this digital world and the necessity to provide better services to users have made web development the most trending technology for today and tomorrow. As the demand for e-commerce applications and online services increases, businesses need web developers to build a great platform to offer their deliverables. With the introduction of AI into every other IT domain, web development has also seen some interesting trends. Growth in IoT and cybersecurity provides excellent opportunities for web developers to build robust e-commerce, retail, and healthcare applications.

Web Development Trends

• Motion UI will be the next best thing to watch out for in future years, considering web development trends.
• Progressive Web Apps(PWAs) will capture most of the web application development as these applications can provide a native app-like experience while accessing from the browser.
• The low-code/no-code application development approach will become more popular as it provides more flexibility and accessibility to enterprises.

Future of Web Development:

• Mobile-first development will rise as more than 62% of enterprises reported increased sales while implementing responsive design.
• By 2030, employment opportunities will grow to over 205000 with an average growth faster than any other occupation.
• With nearly 5% annual growth, do-it-yourself web development infrastructure using cloud platform will grow to USD 24 billion.

Web Development Career Opportunities

There are more than 28000 active jobs for Web developer positions on the Indeed platform alone. An individual with web development skills can apply for various job roles. Here are some of the famous job roles for web development listed on Linkedin, Indeed, Monster, Naukri, and Glassdoor.

• Front End Developer
• Back End Developer
• Full Stack Developer
• Web Designer
• UI/UX Designer

Skills Required to become a web developer

You only need the following technical skills to become an expert web developer. We have curated the list of skills considering the skill requisites of employers on various job portals. Here are the role-based abilities one must have to become that desired professional.

• Front End Developer - HTML, CSS, JavaScript
• Back End Developer - Server Side programming languages
• Full Stack Developer - Both the technicals of Front end and Back end.
• Mandatory skills for all job roles - Version control or GIT and responsive design building.

Add-on Skills

Along with the core technical skills, here are some additional skills that will help you progress toward becoming a successful web developer: problem-solving, SEO fundamentals, soft skills, and basic design details.

Tech Trend #12. Hyperautomation

Hyperautomation is an advanced approach that involves Artificial Intelligence(AI) with associated technologies like the Internet of Things(IoT), Robotic Process Automation, Machine Learning, and advanced analytics that help enterprises automate business processes. Hyperautomation offers exciting features that have trended in the news in recent times. Enhanced efficiency, reduced costs, accurate decision-making, high-level scalability, and competitive advantage by hyper-automation will improve the business process of many large enterprises in the coming days.

HyperAutomation Trends

• Workforce transformation using futuristic technologies like AI, ML, and RPA that use predefined instructions to perform business operations, reducing manual intervention.
• Robotic process automation will significantly impact daily lives, impacting many households to perform daily activities like home cleaning, cooking, etc.
• Sustainable adoption of hyper-automation is integrating technologies to achieve a positive impact only when using automation, which reduces over-automation that impacts human workforces.

Future of Hyper Automation

• A report on Global artificial intelligence by PwC estimated that AI will generate a revenue of USD 15.7 trillion, with a 26% increase in growth by 2030.
• Hyperautomation industry could hit market growth of USD 46.4 billion by 2031 with a CAGR of 22%.
• By 2024, experts estimate that at least 64% of large organizations will use some form of hyper-automation to perform business processes, expecting positive performance.

HyperAutomation Career Opportunities

Hyperautomation is a rapidly growing IT industry requiring skilled professionals with robust tech skills. Here are some of the famous hyper-automation career opportunities listed on various popular job portals:

• Hyperautomation Architect
• Process Automation Analyst
• AI/ML Engineer
• RPA Developer
• Integration Specialist / Engineer
• Change Management Specialist

Skills Required to Become Hyper Automation Expert

Considering the globally popular job portals like Indeed, Naukri, and similar other platforms, the skills required to become a hyper-automation expert include intelligent business process management systems(iBPMS), robotic process automation(RPA), and how to integrate these advanced technologies with Ai and ML. Data Analytics and Big Data management skills help make better decisions while implementing hyper-automation in data-driven enterprises.

Hyper Automation Add-on Skills

Continuous learning, adaptability, project management, and user experience design are a few add-on skills a hyper-automation expert can have.

Tech Trend #13. Cloud Computing.

Cloud computing is the most futuristic technology that keeps trending for many years to come for its features. Enterprises prefer adopting cloud computing over the traditional approach of utilizing computing resources like servers, storage, databases, and networking to reduce infrastructure expenses. Cloud computing is getting popular for its flexibility, scalability, cost efficiency, remote access, collaboration with various business platforms, innovation agility with next-generation technologies, high-end data security, quick disaster recovery mechanisms, easy integrations, and deep analytics. With all these cutting-edge features, the business Operations infrastructure integrating AI and ML will have enhanced performances with reduced expenses.

Cloud Computing Trends:

There are various trends to watch out for in cloud computing, and research and development teams hint at the following directions to hit the world soon. 

• Serverless computing is an advanced cloud computing model where the infrastructure dynamically allocates machine resources to the applications.
  
• Edge Computing is an emerging trend that allows enterprises to perform data processing close to the data sources. It reduces latency and enhances real-time processing accuracy, especially with IoT.
  
• Multi-cloud and omni-cloud approaches provide a new dimension to using cloud infrastructure, where enterprises can choose and use different services from multiple cloud infrastructures and integrate them to perform tailored business operations. 
  

Future of Cloud Computing: 

The future of cloud computing is robust, and the innovation helps generate more business and opportunities globally. 

• Computation and data storage are crucial for enterprises, and Gartner predicts that cloud infrastructure will help process 75% of enterprise-generated data by 2025.
  
• Serverless computing will be a game-changer and will create a revenue of USD 21.1 billion by 2025.
  
• Green cloud computing is the solution for sustainable cloud computing concerns, which uses renewable sources for efficient data processing in data centers.
  

Cloud Computing Career Opportunities

Cloud computing offers promising prospects with various job opportunities listed on the most popular job portals. Here are a list of a few dominant career opportunities in cloud computing.

• Cloud Architect
  
• Cloud Software Engineer
  
• Cloud Security Specialist
  
• Cloud Systems Administrator
  
• Cloud Consultant
  
• Cloud Sales and Marketing Specialist
  
• Cloud Product Manager
  
• Cloud Service Manager
  

Skills Required to become a Cloud Computing Professional:

Cloud Computing Professional Skills include an understanding of major cloud platforms like Amazon web services(AWS), Microsoft Azure, and Google Cloud Platform (GCP), along with programming and coding skills, DevOps practices with continuous integration, and continuous deployment(CI/CD).

Add-on Skills for a Cloud Computing Professional:

Soft skills, certifications, and performance tuning could help you enhance your ability to become an expert in cloud computing and beat the competition for the most desired career path. 

Tech Trend #14. Robotics

Technology advancements have come a long way, and automation is enhancing the way traditional operations in construction, mechanical engineering, logistics, and hard work labor industries perform. Robotics using advanced artificial intelligence and machine learning algorithms with the help of sensors make it easy for enterprises to reduce the human workload for repetitive tasks, thus enhancing productivity as the robots can take up 24/7 work. Consumer robotics, decreasing costs, high-end security and safety, precision and consistency, and automated monitoring features of robotics keep it trending for future generations.

Robotic Trends

• Autonomous Mobile Robots (AMRs) are buzzing and will be gaining more prominence in the robotics world. These AMRs help in performing complex environments and automate operations without human intervention. Material handling, inventory management, and efficiency enhancement to ensure workplace safety are significant areas of AMRs.
  
• Social and humanoid robots are the next big thing in the digital world, where they resemble humans and behave close to humans—aiming to develop social interactions and emotions using AI integrations.
  
• Collaborative robots, or cobots, share the same workspace with humans and collaborate to perform business operations.
  

Future of Robotics

• Experts estimate market growth of Robotics to grow up to USD 74.1 billion by 2026, which was around USD 19 billion in 2019.
  
• The International Federation of Robotics (IFR) reports that more than 2.7 million industrial robots were performing business operations in 2020, which will be 6 million in a few years.
  
• IFR also reports the growth in Service Robots usage from 21% in 2021 to 44% by 2024
  

Apart from the above stats, AI integrations, consumer robotics, ethical and workforce considerations, and geographical trends promise an excellent future for robotics.

Career Opportunities in Robotics

Considering the drastic transformation of digital adoption in industrial areas, robotics will offer many career opportunities for skilled professionals. Here are a few popular and exciting Robotics career opportunities:

• Robotics Engineer
  
• Software Developer/Engineer for Robotics
  
• Robotics Technicians
  
• Control System Engineer
  
• Robotics Sales Engineer
  
• Project Manager in Robotics
  

Skills Required to Become a Robotics Expert

Considering the popular job portals and employers seeking skills from individuals, here are the skills you need to become a robotics expert. Electrical and mechanical engineering academics or sound knowledge, following programming language skills like Python, C++, and Robotics Operating Systems (ROS), and hands-on experience in implementing AI and ML techniques. High-level robotics experts must know control systems, computer vision, fusion, and system integrations to implement RObootics efficiently.

Add-on Skills to Master Robotics

Robotics professionals must have a technical skill set, soft skills, and practical knowledge. Project management, continuous learning, creative and innovative vision, and ethical understanding are the add-on skills that will help you speed up your growth in the robotics career path. 

Tech Trend #15. Natural Language Processing

Making computers understand human language has been the successful formula for developing many applications and softwares, which helped us innovate AI and ML. Natural language processing is an advanced approach to making applications understand the intent of a human need, analyzing and estimating the predictable outcomes. Applications in various domains, like chatbots, translation services, etc., started using NLP to understand human language and respond accordingly to provide better business services. Enhanced user experience, adopting the power of BI and analytics, accessibility, and advanced machine learning and artificial intelligence usage help NLP to deliver next-generation services in a progressive and meaningful way.

NLP Trends

NLP is evolving rapidly with the help of AI and ML to process data and make better decisions. Here are the top trends to watch out for in NLP shortly.

• Voice recognition and synthesis is an advanced approach to understanding voice accuracy and continues to improve voice-based applications to interact with humans easily. Voice-based applications must serve the best for people with disabilities and hassle-free interaction.
  
• Sentiment analysis and emotional understanding will enhance the application responses close to human behavior and help deliver more meaningful content to the users, improving performance.
  
• Conversational AI and Chatbots will keep learning more from the AI and will serve more accurate responses to the users in need with the applications. 
  

Future Of NLP

• NLP is growing at 35% CAGR; reports show the market value will grow to USD 25 billion by 2032.
  
• Across many industries, NLP will make its mark by improving productivity, accuracy, and enhancements and providing many global opportunities.
  
• Cross-disciplinary applications, real-time language processing, ethical and responsible content creation, and improved voice assistance are valuable areas where NLP adoption could rise with rapid growth.
  

Career Opportunities for NLP

The following are some of NLP professionals' most popular career opportunities. Each job role will have a specific set of skill sets to master and perform.

• NLP Research analyst
  
• NLP Software Developer
  
• Machine Learning with NLP Specialization
  
• Ai Architecture with NLP expertise
  
• NLP Product Manager
  
• NLP Consultant
  
• Speech Analyst
  

Skills Required to Become an NLP Professional

NLP professionals must have programming language expertise in any of the popular languages like Python with advanced libraries(NLTK, spaCy, and Genism), java, and C++, along with Machine learning and AI understanding, hands-on working with natural language understanding (NLU) and natural language generating (NLG), text and statistical analytics with data processing and deep learning skills. 

Add-on Skills

Alongside technical skills, an NLP professional must have problem-solving, project management, big data, and voice processing skills to reach heights in an NLP career.

Conclusion

We have listed the top ten trending technologies by considering various forecasts and predictions by reputed and trusted research agencies. We intend to make you watch the most promising and futuristic technologies with innovative trends that can enhance our daily well-being by any means. With their much-anticipated trends for 2024, the technologies mentioned above will significantly impact career opportunities and technological advancements and improve the economy globally.

If you are a tech enthusiast, keep yourself updated with these trends. If you are a tech career aspirant, we strongly recommend you get upskilled with any of the abovementioned trends and skills listed to build a strong, robust, and future-proof career by 2024. Good Luck.