The Information Technology industry accounted for 8% of India’s GDP in 2020. As per Software Technology Park of India, software exports by the IT companies associated to it stood at US$ 16.29 billion in the first quarter of financial year 2022. Needless to say, the IT sector in India continues to grow and ensures a promising future.
The introduction of computers has revolutionized our lives in a big way. Every day new innovations are taking place and impacting everything around us. We can hardly think of any task being done without IT support. From offices to households, Information Technology has dominated almost every day-to-day activity and made our lives quick and hassle-free.
This rapidly changing Computer Science field offers lucrative career opportunities for tech enthusiasts interested in building their career in this domain. Futuristic trends like cloud computing, edge computing, robotics, and data storage and security are creating huge potential and opening up diversified job prospects in the field.
Technological innovations are rapidly introducing in the market and it’s important to stay updated with the latest trends to understand where the marketing is heading. Here are the top 5 emerging technology trends that you must know in 2022before making a career choice.
Artificial Intelligence (AI) and Machine Learning
In the past decade, Artificial Intelligence or AI is emerging as one of the most effective new technology trends in the area of Computer Science. AI technology is in a nascent stage and being implemented in various areas of our lives including our daily life, work, healthcare, education entertainment, etc. These organizations are using multiple AI applications for diverse purposes like CRM, ERM, and many more to streamline business operations, manage the supply chain and customer demands to attain the satisfaction of customers, improve ROI and achieve cost efficiency. As per the IDC report, the India Artificial Intelligence Market is to reach US $7.8 Billion by 2025 growing at a CAGR of 20.2%. With AI dominating every sector in the country, new jobs will be created and experts in the field will be required to perform duties on different profiles.
On the other hand, Machine Learning which is known as the subset of AI is also in demand in all types of industries and generating demand for skilled professionals.
A qualified professional in AI and Machine Learning may secure a job as AI Research Scientist, AI Engineer, ML Engineer, etc.
Edge Computing is an emerging technology trend worldwide. Edge Computing is designed to solve the shortcomings of Cloud Computing. It acts as a mini data center and can be used to process time-sensitive data in remote locations. According to Frost & Sullivan, edge computing will be employed by 90% of enterprises by 2022, with the multi-access edge computing (MEC) sector estimated to reach $7.23 billion by 2024.
The use of edge computing in India can be seen in Healthcare IoT, traffic management, industrial manufacturing, fintech or augmented and virtual reality, etc. With already existing cloud computing and new-age edge computing technology, you can grab amazing roles like Edge Computing Specialist, Cloud Reliability Engineer, Cloud Infrastructure Engineer, DevOps Engineer, Cloud and Security Architect, etc.
As per the Quince Market Insights report, the Global Quantum Computing Market Size is expected to reach at USD 3728.4 million by 2030 at a CAGR of 25.40%.
Quantum Computing is a new-age technology and in its infancy. It is another remarkable technology trend that is many times faster than regular computers and resolves problems at atomic and subatomic levels. Quantum Computers use quantum bits (qubits) that allows them to crunch numbers and solve any problem much more quickly, surpassing the processing ability of a conventional computing system. This technology can help accelerate the process in various sectors, from materials science to medicinal chemistry.
The future is bright in the Quantum Computing field and may open amazing career opportunities for enthusiasts in this field. As an emerging computer science specialization, you may be working as Quantum Computer Architect, Quantum Software Developer, Quantum Algorithm Researcher, Quantum Computer Scientist, etc.
Due to industrial expansion, digital revolution, and automation, the robotics market in India is growing exponentially. In terms of annual installation, the industrial robotics market in India stood at 5,000 units in 2019 and is estimated to reach 11,760 units by 2025, expanding at a compound annual growth rate (CAGR) of 14.41% during the 2020-2025 period.
Automation is taking place almost everywhere in order to speed up the process and save human efforts for jobs that are repetitive in nature or require intense safety.
The robotics field is multidisciplinary and incorporates multiple streams like computer science, electrical engineering, mechanical engineering, AI, and other computer science technologies. It helps in studying and developing robots with an aim to make life easier.
To improve safety and efficiency, Robotics technology is being used at various places or industries like manufacturing, farming, F&B, automobile, defense, healthcare, etc. The potential jobs in the robotics field may include Robotics Engineer, Algorithm Engineer, Data Scientist, Software Engineer Robotics Research Scientist, etc.
Cyber Security will remain in demand to protect cyberspace from ever-growing threats. The pandemic has also substantially added to the demand for cyber security experts. There has been a 25% increase in talent in cyberspace since the pandemic started. According to Team lease Services, India is expected to have over 1.5 million unfulfilled job vacancies in cybersecurity by 2025. Until we have hackers in cyberspace, cyber security will always need to evolve and introduce innovations to protect against new threats and these hackers. This ever-demanding technology will always offer promising job opportunities to those who wish to make a successful career in this field. You may be working on different roles like Ethical Hackers, Malware Analyst, Security Engineer, Chief Security Officer, Information Security Analyst, Chief Information Security Officer, IT Security Manager, etc.
The field of Computer Science and Information Technology is evolving frequently and arising the need for skilled professionals. Keep yourself up to date with these trending technologies and choose the right career path for a successful life.