Today Technology is evolving at such a rapid rate. This creates exciting developments in the future for millennials. Hence, understanding this, we picked up the top 5 new technology trends in 2020 that everyone must get ready for.
At the same time, Technology-based careers will not change, but it keeps evolving, and the most experienced IT professional knows that his or her role will not be going to remain the same. And a Millenial IT worker will continually be learning.
So, what does it mean to be? This means you must stay up to date with the latest technology trends. And it intends to keep your eyes on the future, to understand which skills you’ll need to develop and what kinds of jobs you need to be qualified to do. Here are new technology trends you should watch for in 2020, and some of the jobs that will be created by these trends.
Latest Technology Trends in 2020
If you are still wondering what going to be the next technological innovation, take a look at the latest tech trends that are hand-picked by our experts after diving through the extensive research methodology:
1. Artificial Intelligence, the latest new technology trend in 2020
Artificial Intelligence or AI, has just gotten a ton of buzz in recent years, even though it keeps on being a trend to watch out because its effects on how we live, work, and play are only in the early stages.
What’s more, different parts of AI have created, including Machine Learning, which we will discuss below. AI refers to computer systems built to simulate human intelligence and perform tasks such as recognition of pictures, speech or patterns, and decision making.
Artificial Intelligence can perform these tasks quicker and more precisely than humans.
We all leverage AI benefits in one form or another each day, including navigation apps, smartphone personal assistants, streaming services, ride-sharing apps, home personal assistants, and smart home devices. Furthermore, for customer use, AI is utilized to schedule trains, evaluate business risk, predict maintenance, and boost energy efficiency, among many other money-saving undertakings.
Artificial Intelligence is one part of what we define broadly as automation, and automation is an interesting topic because of potential job loss.
Do you know? As per research, Experts conclude that by 2030, automation will eliminate 73 million more jobs. On the flip side, automation will also create jobs as well as eliminate human jobs, especially in the field of AI: Pundits predict that jobs in AI will number 23 million by 2020.
AI Jobs for humans will be created in development, programming, testing, support, and maintenance, to name a few. Artificial Intelligence architect is one such a great job.
Some say it will soon challenge data scientists in need of skilled professionals. To get familiar more about future scope in AI, read about building a career in AI, or what are some job opportunities after learning AI course.
2. Machine Learning, among the future technology trends in 2020
Machine Learning is a part of Artificial Intelligence. With Machine Learning, computers are programmed to learn to perform anything they are not programmed to perform: they learn by identifying patterns and insights from data. Typically, we have two types of learning, supervised and unsupervised.
While Machine Learning is a part of AI, we also have some subdivisions within the domain of Machine Learning, including neural networks, natural language processing (NLP), and deep learning. Each of these subdivisions provides an opportunity for specializing in a career field that will only grow.
Furthermore, Machine Learning is quickly being deployed in all kinds of industries, creating a huge demand for skilled professionals.
It is predicted that the Machine Learning market is foreseen to grow to $8.81 billion by 2022. Machine Learning applications are utilized for data analytics, data mining, and pattern recognition.
On the consumer end, Machine Learning powers web search results, network intrusion detection, and real-time ads and to name only a few of the many undertakings it can do.
Moreover, in completing countless tasks on our behalf, it is, on the other hand, generating huge jobs for millennials.
Do you know? Machine Learning jobs are today ranking among the top emerging jobs on LinkedIn, with almost 2,000 job listings posted. Some of the Machine Learning jobs include engineers, developers, researchers, and data scientists.
3. Virtual Reality and Augmented Reality, among the top technology trends in 2020
Virtual Reality (VR) involves the user in an environment whereas Augment Reality (AR) improves their environment. Even though Virtual Reality has first been utilized for gaming.
Before, it has also been used for training, as with VirtualShip, a simulation software used to teach U.S. Navy, Army, and Coast Guard ship, captains. The familiar Pokemon Go is an example of AR.
Both VR and AR have huge potential in training, entertainment, marketing, education, and even rehabilitation after an injury.
Either it could be used to train doctors to conduct surgery, provide museum-goers a deeper experience, improve theme parks, or even boost marketing, as with this Pepsi Max bus shelter.
There are some major players in the VR market including Google, Samsung, and Oculus, but lots of startups are also working right now and they will be hiring, so the demand for VR and AR skilled professionals will increase by coming years.
Furthermore, Getting started in VR doesn’t require a lot of specialized knowledge. Just having basic programming skills and a forward-thinking mindset can get you a lucrative job, although other employers will be looking for optics as a skill-set and hardware engineers as well.
4.Blockchain, among the latest technology trends in 2020
Although many people think of blockchain technology in relation to cryptocurrencies such as Bitcoin, blockchain provides security that is useful in many other ways.
In the simplest term, blockchain can be defined as block+chain, where the block is the data you can only add and cannot change. While the term “chain” is because you’re making a chain of data (a collection).
Moreover, the data that is collected previously cannot be changed is what makes it so secure. Furthermore, blockchains are agreement-driven, so no one entity can take charge of the data. With blockchain, you don’t need a trusted third-party to look after or validate transactions.
Various industries are including and implementing blockchain, hence the use of blockchain technology raises, so too does the demand for skilled blockchain professionals. In that regard, we are already behind.
According to the report by Techcrunch.com, blockchain-related jobs are the second-fastest growing category of jobs, with 14 job vacancies for every one blockchain developer.
Therefore, as a blockchain developer, you will be specialized in developing and implementing architecture and solutions using blockchain technology. The average yearly salary of a blockchain developer is $130,000.
If you are interested in Blockchain and its applications and wish to make your career in this fast-growing sector, then this is the right time to learn Blockchain and gear up for an exciting future.
5. Internet of Things (IoT), among the new technology trends in 2020
Today many “things” are being built with WiFi connectivity, indicating that they can be connected to the Internet—and to each other. Hence, it is the Internet of Things or IoT.
The Internet of Things is the next generation and has already approved devices, home appliances, cars, and much more to be connected to and exchange data over the Internet.
And we’re only in the earlier stages of IoT: the number of IoT devices reached 8.4 billion in 2017 is estimated to reach 30 billion devices by 2020.
As users, we’re already using and leveraging the benefits from IoT. For example Today, we can lock our doors remotely, in case, we forget to close while we leave for work and preheat our ovens on our way home from work. Moreover. Used for tracking our fitness on our Fitbits and hailing a ride with Lyft.
But with IoT, a business can also gain much now and in the near future. The IoT can facilitate better safety, efficiency, and decision making for businesses as data is collected and analyzed.
It can allow predictive maintenance, speed up medical care, improve customer service, and deliver benefits that we haven’t even imagined yet.
However, despite this boon in the development and adoption of IoT, many experts say that today there are fewer IT professionals who are getting trained for IoT jobs.
Furthermore, an article from ITProToday says we’ll need 200,000 more IT workers that aren’t still in the pipeline, and that a review of engineers found 25.7 percent believe fewer skill levels to be the industry’s biggest hindrance to growth.
Therefore, if you’re interested in starting a career in IoT, that means it is easy to get entry into the field if you’re motivated, with a range of options for getting started.
Some of the skills needed for IoT developers include IoT security, cloud computing knowledge, data analytics, automation, understanding of embedded systems, device knowledge, to name only a few.
On top of all this, it’s the Internet of Things, and those things are many and varied, meaning the skills needed are as well.
So, What’s Next?
These are some advanced Technology trends in 2020, Although technologies are emerging and evolving all around us, these five technologies offer promising career potential now and for the foreseeable future.
And all these five are suffering from a shortage of skilled workers, meaning the time is right for you to choose one, get trained, and get on board at the early stages of the technology, positioning you for success now and in the future.
Check out the Zuan Education’s Top New Technologies to Learn in 2020.