Future in-demand technologies | Eraj Fatima | February 2024

The Future of Technology: What Skills Will Be in Demand?

In this modern era, technology is evolving rapidly, transforming the world into a global village. With the COVID-19 pandemic of the 21st century, the role of IT professionals in modern technology has become even more apparent. Prior to the pandemic, technology was already advancing at a rapid pace, but the events of the past year have sparked even greater innovations, making it crucial to understand which technologies will be in demand in the future.

As technology continues to evolve, it is essential to stay informed about the latest developments and trends. As machines and advanced technology increasingly replace human labor, it is projected that approximately 85 million jobs will be displaced by emerging technology by 2025, while around 100 million new jobs may emerge. To take advantage of these new job opportunities, it is crucial for individuals to develop skills in the latest technologies. Here is a look at some key technologies that will be in demand in the future:

1. Artificial Intelligence
Artificial Intelligence (AI) refers to the ability of computer systems to perform tasks that typically require human intelligence. AI has become an indispensable tool for decision-making and problem-solving, and is being used in a wide range of applications. The field of AI is projected to significantly impact the global GDP, with estimates suggesting that it could increase world GDP by 15.7 trillion dollars by 2030.

2. Cloud Computing and Cloud Engineering
Cloud computing, which involves the delivery of IT resources over the internet from a cloud service provider, has revolutionized the way organizations access and store data. With the growing importance of cloud computing, there is a heightened demand for professionals with expertise in cloud engineering, as companies look to enhance their productivity and security through cloud technologies.

3. UX Design
User Experience (UX) design focuses on creating enjoyable and intuitive experiences for users interacting with digital products and services. As the world becomes increasingly digitized, the demand for UX designers is only expected to grow, with studies indicating that every dollar invested in UX design results in a $100 return.

4. Cybersecurity
In the wake of the COVID-19 pandemic, the protection of digital data has become a top priority for businesses and individuals alike. Cybersecurity, which involves safeguarding digital data from hackers and other threats, is a critical skill in today’s online world. The demand for cybersecurity professionals is projected to increase significantly in the coming years, with experts in this field commanding six-figure incomes.

5. Blockchain
Blockchain technology, which creates a secure and unalterable chain of data blocks, is becoming increasingly important in various industries. The blockchain market is expected to reach $67.4 billion by 2026, with significant growth predicted in the years to come.

In conclusion, as the technological landscape continues to evolve, it is essential for individuals to stay informed about the latest trends and developments. By acquiring skills in emerging technologies such as AI, cloud computing, UX design, cybersecurity, and blockchain, individuals can position themselves for success in the future job market. Embracing these technologies will not only lead to personal and professional growth, but also contribute to the broader advancement of society as a whole.

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