As of 2023, there were approximately 2.4 million job openings in technology industry, with 60% professionals transitioning from non-technology careers to technology careers. If you want to make a career in the technology industry but you are confused about where to take your next step, this post is for you.
Let's get started with the top 10 technologies to learn in 2024.
10. Blockchain.
Kicking off our list at number 10 is blockchain. You've probably heard about it in the context of cryptocurrencies like Bitcoin, but there's so much more to it. Blockchain is like a digital ledger that records transactions securely. It's used in various industries from finance to supply chain management. Blockchain technology is gaining significant traction with companies like IBM, Deloitte, Microsoft and JP Morgan Chase actively hiring blockchain experts. Blockchain professionals can expect an average annual salary of $100,000 in the US which is equivalent to over 100 million Nigerian naira.
9. Augmented Reality AR and Virtual Reality VR.
Coming in at number nine, we have augmented reality AR and virtual reality VR. These technologies are taking immersive experiences to the next level, from gaming to education and even medical training. AR and VR are set to revolutionize the way we interact with the digital world. Leading companies like Facebook, Meta, Google, Oculus, and Magic Leap are actively recruiting specialists in AR and VR. Professionals in this field can earn an average annual salary of $95,000 in the US which is equivalent to over 95 million Nigerian naira.
8. Internet of Things, IoT
At number 8, we have the Internet of Things or IoT. Imagine your devices talking to each other, making your life more convenient. IoT is all about connecting everyday objects to the internet, making them smart and capable of sharing data. Companies like Amazon, Apple, Google, and Samsung are actively seeking IoT experts. IoT professionals can earn an average annual salary of $130,000 in the US which is equivalent to over 130 million Nigerian naira.
7. 5G Technology
Our seventh pick is 5G technology. It's not just faster internet for your phone, it's a game changer. With lower latency and higher bandwidth, it'll pave the way for advancements in autonomous vehicles, telemedicine, and more.
Major players like Verizon, AT&T, Ericsson, and Huawei are actively recruiting 5G experts. Professionals specializing in 5G technology can expect an average annual salary of $110,000 in the US which is equivalent to over 110 million naira.
6. Machine Learning
In the sixth spot, we have machine learning. It's the brains behind AI. ML algorithms learn from data and make predictions or decisions without explicit programming. From recommendation systems to fraud detection, it's everywhere.
Tech giants like Google, Amazon, Microsoft, and Apple are continuously hiring machine learning experts. The machine learning market is projected to have a CAGR of approximately 36% over the next five years. Professionals in this field can earn an average annual salary of $150,000 in the US which is equivalent to over 150 Nigerian naira.
5. Cybersecurity
Protecting our digital world is more crucial than ever, and that's why cybersecurity takes the fifth position. With the increasing number of cyber threats, professionals who can safeguard our data are in high demand.
Leading cybersecurity firms like Palo Alto Networks, Cisco, Symantec, and Fortnite are actively seeking cybersecurity specialists. As for salary, cybersecurity professionals can earn an average annual salary of $130,000 in the US which is equivalent to over 130 million Nigerian naira.
4. Edge Computing
At number 4, we've got edge computing. It's like bringing the cloud closer to you. With edge computing, data processing happens closer to the data source, reducing latency and improving real-time processing. It's vital for IoT and other applications.
Companies such as AWS, Amazon Web Services, Microsoft Azure, IBM, and Willett Packard Enterprise, HPE, are actively recruiting experts in edge computing. Professionals in this field can earn an average annual salary of $150,000 in the US which is equivalent to over 150 million Nigerian naira.
Edge computing is all about speed and efficiency. As our need for instant information grows, so does the importance of edge computing.
3. Biotechnology
Now, let's shift gears a bit. In the third spot, we have biotechnology. Advancements in biotech are transforming healthcare, agriculture, and more. From gene editing to personalized medicine, it's a field with immense potential. Leading biotech companies like Amgen, Regeneron, Geelead Sciences, and CRISPR Therapeutics are actively recruiting biotechnology experts. Professionals in biotechnology can expect an average annual salary of $80,000 in the US which is equivalent to over 80 million Nigerian naira.
2. Quantum computing
Drumroll please, in the runner-up position we have quantum computing. It's not science fiction anymore. Quantum computers use quantum bits, qubits, and can solve complex problems that classical computers cannot solve.
This could revolutionize industries like cryptography and drug discovery. Tech giants like IBM, Google, Microsoft, and Rigetti are actively seeking quantum computing, experts in this field can earn an average annual salary of $140,000 in the US which is equivalent to over 140 million Nigerian naira.
Quantum computing is like having a supercomputer on steroids. It can crack encryption codes, simulate complex molecules, and optimize supply chains with unparalleled speeds. It's a field where the boundaries of what's possible are constantly pushed.
1. Artificial intelligence, AI.
Finally, claiming the top spot on our list is artificial intelligence or AI. It's the technology that keeps evolving and never ceases to amaze us. AI is used on chatbots, self-driving cars, medical diagnosis, and so much more.
Learning AI opens doors to endless possibilities. Virtually every major tech company in the world, including Google, Facebook, Meta, Tesla, and OpenAI is actively recruiting AI experts. AI professionals can earn an average annual salary of $160,000 in the US which is equivalent to over 160 million Nigerian naira. AI is the cornerstone of the digital revolution. It's what powers virtual assistants like Siri and Alexa, recommendation engines on platforms like Netflix, and the algorithms behind autonomous vehicles. AI's ability to analyze vast datasets and make intelligent decisions is reshaping industries.
So there you have it folks, the top 10 technologies to learn in 2024. Whether you're exploring blockchain or driving into the world of AI, remember that learning and adapting to these technologies can open up incredible opportunities.
Before we wrap up, don't forget to hit the share button and subscribe to our blog for more tech updates. What are your thoughts on these technologies? Which one are you most excited about? Let us know in the comments below and until next time, stay curious and keep learning.
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