Top 10 Technologies to Learn in 2024

Top 10 Technologies to Learn in 2024

In this rapidly evolving world of technology, staying ahead of the curve is crucial. So get ready to uncover the latest tech trends shaping your career. Whether you’re an aspiring tech enthusiast or a seasoned professional, these top 10 trending technologies to learn in 2024 will open doors to a world of opportunities.

1. Generative AI

Topping the list at number one of the top 10 technologies to learn in 2024, we have generative AI. Artificial intelligence Is not A New Concept but it is constantly evolving, and generative AI in particular is gaining prominence. It’s the technology capable of generating text, images, sounds, animation, 3D models, or other media types using generative models. Popular examples of generative AI are Chatgpt, Google Bard, and GitHub co-pilot.

A report by Bloomberg states that the generative AI market is estimated to reach 1.3 trillion by 2032. Another report by McKenzie states that generative AI has the power to reduce the average worker’s workload by 60% to 70%, which equates to 40% of all working hours in the day. According to Glass Store, the average generative AI engineer salary in India is 11 lakhs per annum, and in the United States is $153,000 per annum. Companies like Amazon, Netflix, and Meta are paying salaries as high as $800,000 for a senior director role with a generative AI tool set.

2. Cyber Security

Next on the list, is cyber security. In this digital age, prioritizing cyber security is a commitment to a safer digital future. The employment rate for the most experienced positions in this field is at a stunning 100%, and will likely remain so for years to come. According to Cyber Security Ventures, there will be 3.5 million unfilled jobs in the cybersecurity industry through 2025.

Another report by Nasscom states that the Indian IT industry is expected to create over 1.5 million new jobs in cyber security by 2025. According to GL Door, the average cyber security engineer salary in India is 8 lakhs per annum and in the United States, it is $126,000 per annum. Organizations like Microsoft, NET app, IBM, Netflix, and Accenture are hiring cybersecurity engineers.

3. Sustainable Tech Solutions

Sustainable Tech Solutions is all about using technology and science to make products and services that benefit the environment. Electric vehicles are at the forefront of this movement. The renewable energy and environmental sector in the United States has seen massive growth in job opportunities, with a 237% increase in the last 5 years.

According to a report by the Society of Manufacturers of Electric Vehicles, the EV industry in India will create over 9 million job opportunities, including exciting opportunities for EV engineers. According to Zip Recruiter, the average annual salary for an EV engineer in India is 10 lakhs per annum, with the highest salary going up to 80 lakhs per annum. In the US, it is $110,000 per year. Organizations like Schneider Electric, Larsen & Toubro, General Motors, Simons Phillips, and Tata Motors are hiring EV engineers around the year.

4. Cloud Computing and DevOps

Cloud computing and Devops practices are transforming the way businesses operate. The cloud offers scalability and flexibility, while devops streamlines development and operations. According to a survey by statista, 28% of recruiters face challenges when hiring cloud and DevOps experts in the workplace.

According to Glass Store, a senior devops engineer in India can earn up to 45 lakhs within 10 years of overall experience and $168,000 in the US. According to Glass Store, the average salary of a cloud architect in India is 22 lakhs per annum and in the US it is $146,000. Companies like tataa Consultancy Services, Accenture, Amazon, cognizant, IBM, osis, and amdoc are hiring cloud and DevOps engineers.

5. Data Science and Analytics

In the age of Big Data, understanding data science and analytics is a must. Data is often referred to as the new gold, and for good reason. Mastering data science allows you to extract valuable insights, make informed decisions, and drive business success in an increasingly data-driven world.

According to Glassdoor, the average salary for a data scientist in India is around 14 lakhs per annum. In the United States, it ranges between $130,000 to $170,000 per year. Big names like Microsoft, EY, Amazon, Google, Walmart, JP Morgan, Jason Co, and PWC are on a constant lookout for data scientists and analysts.

6. Human-Computer Interaction

Whether we’re typing on a keyboard, swiping a smartphone, or asking a home speaker to play our favorite song, we interact with computers every day. The study of human-computer interaction (HCI) and user experience (UX) are two complementary aspects of these interactions. The relationship between humans and machines is evolving rapidly.

According to markets and markets, the global human-computer interaction market size is projected to reach $7.3 billion by 2027 at a CAGR of 8.1%. According to salary.com, the average salary for professionals in the HCI and UX field is $142,000 in the US and in India, it is 10 lakhs per annum. Some of the leading companies operating in the global HCI and UX field include Live Wire, Mitsubishi Electric, Schneider Electric, Neuralink, Meta, and Sony.

7. Blockchain

In addition to being the backbone of cryptos like Bitcoin, the business value of blockchain is so vast that it is predicted to raise the global economy by $1.76 trillion by 2030. Blockchain technology today extends far beyond Finance, it has applications in Supply Chain Management, healthcare, e-commerce, publishing, insurance, and so much more.

As per the Glass Door survey, the average salary of a blockchain developer in India is 8.5 lakhs per annum, with 7 to 8 years of work experience, a blockchain developer can expect to receive close to 50 to 80 lakhs annually. A blockchain developer’s average salary in the US is $142,000 per year. Some well-known organizations such as TCS, IBM, Tech Mahindra, HCL, PWC, and cognizant, have implemented blockchain for boosting industrialization globally and are on a constant lookout for trained professionals.

8. Full Stack Web Development

In a world where technology keeps leaping forward, businesses crave innovation. That’s where full-stack web developers step in, the true superheroes of the tech World. They possess the rare ability to tackle both the front-end and backend development of web applications. Full-stack web developers are in high demand.

According to indeed.com, the average salary for a full-stack web developer in the US is $128,000, which is double the average national salary. In India, salaries range from 6 lakhs to 16 lakhs, with an average annual salary of 8.7 lakhs. Companies like TCS, Infosys, Spotify, Uber, Wipro, Mindtree, IBM, and Accenture have multiple job openings.

9. Virtual Reality and Augmented Reality

Imagine trying on clothes virtually or placing furniture in your room with just an app. It’s not science fiction, it’s the future of shopping. 2024 is all about the metaverse powered by virtual reality. Brands like Sephora, Ikea, Gucci, Amazon, Wayfair, Target, and moscot are already using AR and VR to turn shoppers into fans.

But it’s not just about shopping, VR and AR are changing everything from gaming to healthcare. According to markets and markets, the VR Market is exploding, going from $6.1 billion in 2023 to 20.9 billion by 2025, with a staggering 27.9% annual growth rate. According to Glass Store, the average AR and VR developer salary in the USA is $121,000 per annum and in India, it is around 12 lakhs per annum.

10. Robotic Process Automation

Robotic Process Automation focuses on automating repetitive tasks. As businesses seek automation solutions, this skill will be in high demand in 2024 and beyond. According to indeed.com, the average salary in the RPA industry in the US is approximately 30% higher than software engineers or general programmers.

According to talent.com, the average salary of RPA developers in India is 6.6 lakhs per annum and can go up to 25 lakhs per annum for experienced professionals. As per Glass Store, the average salary for a senior RPA developer is $17,000 per year in the United States. Some well-known organizations, such as Randstad, OSH, Shell, KPMG, Cognizant, TCS, and many more have implemented RPA to boost industrialization globally and are on a constant lookout for trained professionals.

Conclusion

The tech landscape will continue to evolve, presenting both challenges and opportunities. The top 10 Technologies are your guide to a brighter career. Whether you’re looking to upskill, transition to a new career, or stay relevant in your current role, investing in learning these technologies will set you on the path to success. So, which one will you choose to learn and master in 2024?