Technology is important in our daily life. It has a direct impact on the way we communicate with one other and learn new things. Especially the year 2020 was very much instrumental in introducing people to adapt to the latest technologies.
Based on LinkedIn’s ‘Jobs on the Rise – US’1 report, the demand for digital skills is increasing. It is expected that in the next 5 years, there will be 150M technology-related jobs added globally. Now as we’ve moved to 2024, there are a lot of new technologies that will shape the future of innovation. This blog has some of the latest technologies trends for 2024.
6 Latest Technologies You Should Learn in 2024
- Artificial Intelligence & Machine Learning
- Data Science & Analytics
- 5G
- Internet of Things (IoT)
- Cybersecurity
- Virtual Reality
1. Artificial Intelligence & Machine Learning
The jobs roles for Artificial Intelligence practitioners witnessed 32% hiring growth between 2019 and 2020. This means that this technology is here to stay. The role of an AI Specialist was ranked #1 in Linkedin’s Emerging Job Report 20202 and with the pandemic, many companies have begun implementing AI.
Another latest technology you can consider learning in 2021 is Machine Learning. Siri, Alexa, and chatbots need no introduction as we have moved way past that point. Today, we are talking about self-driving cars, robots that can help in healthcare, and online fraud detection. Machine learning can be applied to different industries which is an added benefit of learning this new technology.
Where to learn it: The Post Graduate Program in Artificial Intelligence & Machine Learning: Business Applications
This is a 6-month program from one of the top universities in the US: Texas McCombs and is offered in collaboration with Great Learning. Its comprehensive curriculum includes recorded video lectures by the McCombs faculty, weekly interaction with industry experts, Program manager support for admin and course-related help, 8+ projects that will equip you with practical knowledge for applying AI and Machine Learning concepts to real-time business projects.
Read more about the program by downloading the brochure from our program page:
2. Data Science & Analytics
Data Science is the sexiest job has become an old statement now. According to a report by Statista3, the revenue from big data applications and analytics is expected to grow from $5.3B in 2018 to $19.4B in 2026. The job role of a data scientist continues to be in the top 3 in any survey, be it by LinkedIn or Glassdoor. With its application across different industries: finance, IT, health, and more, this is the latest technology that you should learn in 2021.
Where to learn it: The Post Graduate Program in Data Science & Business Analytics
Offered by one of the leading universities in the US, this 6 month program is offered by Texas McCombs and delivered in collaboration with Great Learning. The curriculum would take you through topics such as setting up Python foundations, business statistics, data visualization with Tableau, ensemble techniques, supervised and unsupervised learning and a lot more.
Read more about the program by downloading the brochure from our program page:
3. 5G
As the name suggests, 5G stands for the 5th generation of mobile networks. It is the most awaited latest technology of 2021 as it will offer higher speed of connectivity and give you the power to connect multiple objects at a time. It will be powerfully faster than the current 4G, delivering up to 20Gbps peak data rates and 100+ Mbps average data rates. US, China, and South Korea are leading the world in deploying 5G technology. Needless to say, once it arrives, this latest technology will create jobs for professionals in telecommunication companies like Samsung, Huawei, Qualcomm, etc.
4. Internet of Things (IoT)
What exactly is IoT?
As Matthew Evans, the program head at techUK puts it – “Simply, the Internet of Things is made up of devices—from simple sensors to smartphones and wearables—connected together.”
IoT establishes connections between multiple devices and also enables their remote usage. For instance, your fitness tracker watch can track the calories you burn, voice assistants, smart appliances all run on IoT. In an article by Cisco4, it is predicted that by 2025, more than 75 billion IoT devices will be connected to the web, thus expanding the application of this technology. This latest technology is expected to be the next big thing in the tech market.‘
5. Cybersecurity
With almost every industry undergoing huge digital transformations, the awareness regarding cyberattacks is definitely there. Everything over the Internet can be attacked and the data can be compromised. It is one of the main reasons why cybersecurity continues to be one of the top concerns of organisations.
According to the International Institute of Business Analysis, the growing demand of cybersecurity will lead to $6 trillion getting spent on cybersecurity globally. This means there will be a high demand for cyber security professionals in the coming years and this is the latest technology you should be aware of.
6. Virtual Reality
According to Wikipedia, Virtual reality is an experience that can be similar to or completely different from the real world. It is widely applied in the field of education, training, healthcare; to name a few. When it comes to Augmented Reality, it refers to the addition of digital elements to a live view by using the front camera of smartphones. Recent examples of AR are games like Pokemon Go and Snapchat Lenses.
Cisco forecasts that globally the Augmented Reality and Virtual Reality traffic will increase 12 times by 2022 in the field of entertainment. There are no doubts that these technologies will pick up a faster pace as we pass through this decade and should be on your learning list.
As these fields of AI, Machine Learning, Data Science are gaining impetus, it is better to get knowledge about the job roles, job requirements and salary insights in the respective domains. You can find all this information in the career guides we’ve created for you.
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