Top 10 Technologies to Learn in 2024

 

Introduction

The technology industry had approximately 2.4 million job openings. Surprisingly, 60% of professionals transitioning to tech careers came from non-tech backgrounds. If you're considering a career in the tech industry but are unsure of where to start, this blog is for you. In this article, we can discover the pinnacle 10 technologies to analyze in 2024.

10. Blockchain

Blockchain takes the tenth spot on our list. While it's commonly associated with cryptocurrencies like Bitcoin, blockchain has far-reaching applications. It serves as a secure digital ledger used in industries such as finance and supply chain management. Companies like IBM, Microsoft, and JP Morgan Chase actively hire blockchain experts. In the US, professionals in this field can expect an average annual salary of $100,000, while in India, it's around 8 lakh rupees.

9. Augmented Reality (AR) and Virtual Reality (VR)

AR and VR claim the ninth position on our list. These technologies enhance immersive experiences across various domains, including gaming, education, and medical training. Leading organizations like Facebook Meta, Google Oculus, and Magic Leap are actively recruiting AR and VR specialists.  In the US, professionals in this field earn an average annual salary of $95,000, while in India, it's around six lakh rupees.

8. Internet of Things (IoT)

The Internet of Things (IoT) takes the eighth spot. IoT connects everyday objects to the internet, making them "smart" and capable of sharing data. Companies such as Amazon, Apple, Google, and Samsung are actively seeking IoT experts. In the US, professionals in this field earn an average annual salary of $130,000, while in India, it's around seven lakh rupees.

7. 5G Technology

5G Technology claims the seventh position on our list. It offers more than just faster internet for your phone—it's a game-changer. With lower latency and higher bandwidth, it opens doors to advancements in autonomous vehicles, telemedicine, and more. Major players like Verizon, AT&T, Ericsson, and Huawei are actively recruiting 5G experts. In the US, professionals in this field earn an average annual salary of $110,000, while in India, it's around six lakh rupees.

6. Machine Learning

Machine Learning secures the sixth spot. It serves as the brains behind AI, as ML algorithms learn from data and make predictions or decisions without explicit programming. Machine learning finds applications in recommendation systems, fraud detection, and more. Tech giants like Google, Amazon, Microsoft, and Apple continuously rent devices gaining expertise from experts. The machine learning market is projected to have a CAGR of approximately 36% over the next five years. Professionals in this field earn an average annual salary of $150,000 in the US and 10 lakh rupees in India.

5. Cybersecurity

Cybersecurity takes the fifth position on our list. With the increasing number of cyber threats, professionals capable of safeguarding our data are in high demand. Leading cybersecurity firms like Palo Alto Networks, Cisco, and Fortinet actively seek cybersecurity specialists. In the US, cybersecurity professionals earn an average annual salary of $130,000, while in India, it's around seven lakh rupees.

4. Edge Computing

Edge Computing claims the fourth spot. It brings the cloud towards you with the aid of processing facts towards the source, decreasing latency, and enhancing real-time processing.  It's vital for IoT and other applications. Companies such as AWS, Microsoft Azure, IBM, and HPE actively recruit experts in edge computing. Professionals in this field earn an average annual salary of $150,000 in the US and 12 lakh rupees in India.

3. Biotechnology

Biotechnology secures the third spot on our list. Advancements in biotech have transformed healthcare, agriculture, and more. From gene editing to personalized medicine, the field has immense potential. Leading biotech companies like Amgen, Regeneron, and CRISPR Therapeutics actively recruit biotechnology experts. Professionals in biotechnology earn an average annual salary of $80,000 in the US and 6 lakh rupees in India.

2. Quantum Computing

Quantum Computing takes the runner-up position. It's not science fiction anymore—quantum computers use quantum bits (q-bits) to solve complex problems that classical computers cannot. This era can revolutionize industries like cryptography and drug discovery. Tech giants like IBM, Google, Microsoft, and Rigetti actively seek quantum computing experts. Professionals in this field earn an average annual salary of $140,000 in the US and 12 lakh rupees in India.

1. Artificial Intelligence (AI)

Finally, claiming the pinnacle spot on our listing is Artificial Intelligence (AI). AI is the era that maintains evolving and in no way ceases to amaze us. It reveals packages in chatbots,  self-riding cars, clinical diagnosis, and beyond. Virtually every major tech company in the world, including Google, Facebook Meta, Tesla, and OpenAI, actively recruits AI experts. Professionals in this field earn an average annual salary of $160,000 in the US and 8 lakh rupees in India.

Conclusion

Learning and adapting to these top 10 technologies can unlock incredible opportunities in the tech industry. Whether you're exploring blockchain or diving into the world of AI, continuous learning is key. Stay curious and keep learning to stay ahead in your career.