Top 7 Technology Trends to Look Out For in 2022
In today’s fast-paced life, technology has taken the rein of the world and emerged rapidly. As per a survey, it is expected that in the next 5 years there will be globally an addition of 150M technology-related jobs. New technologies are constantly being evolved that will shape the upcoming future. This simply means that you need to constantly learn the latest technological trends to secure top jobs and sustain yourself in the industry. Every trend has a lot of potential to allow individuals to stay in the ever-growing tech domain and also help organizations upgrade their business processes in such a way their potential customers can connect with them very easily.
In this article, we will be covering the top 7 technology trends that you can learn in 2022. Furthermore, we will also discuss the best resources that you can use to enhance your knowledge about trending technologies.
1. Artificial Intelligence & Machine Learning
Artificial Intelligence which is also known as AI has been one of the emerging technology trends in 2021 and continue to be on the top of the list in 2022 all due to the right reasons. Artificial intelligence refers to the ability of computers to perform tasks that are done by humans as they require supreme intelligence. As per the latest survey, more than 75% of venture capital investors will use AI to collect information by 2025. AI will be used to detect customer behavior, enhance the personalized experience, analyze data and make better insights.
So AI is the future and it is expected to create a whopping 2.4 million jobs. Machine Learning on the other hand is a part of AI and there’s a gigantic tide riding in the coming years for tech professionals. According to a survey, AI and Machine Learning will be accountable for 9% of all new technological jobs in the US by 2025.
A blockchain simply refers to a chain of blocks that facilitates the process of recording transactions. As per the survey, the global spending on Blockchain will reach a whopping $11.7 billion by the end of 2022. Blockchain is used in a lot of fields like Cryptocurrencies, IoT devices, smart contracts, legal documentation, digital voting, smart cars, the food and chemical industry, and many more.
Blockchain technology, digital assets, and non-fungible tokens (NFTs) are going to transform our world, and this technology will continue to advance in 2022. These advancements extend beyond Bitcoin to include smart contracts that permit us to verify ownership with NFTs.
Future technology like Blockchain promises amazing job opportunities, insanely high salaries, and global recognition. It promises an average salary of INR 7 LPA and it goes up to INR 20 LPA.
Cybersecurity professionals are the individuals who identify threats and vulnerabilities in the system and then implement high-tech solutions to defend against all types of cybercrimes. Cybersecurity has played a major role in securing the safety of user experience. As per the latest reports, India will have more than 1.5 million unfulfilled job vacancies in the cybersecurity domain by 2025. So this is an amazing technology to build your career in. The average salary of a cybersecurity expert ranges between INR 3 LPA – 40LPA based on the skillset and expertise.
4. Low Code/No-Code
Low Code/No-Code has put the world on a pedestal as it’s speeding up the software development process. Low Code/No Code allows you to create business and mobile apps with little to no coding skills. According to a study, the future of low-code or no-code is with an expected growth rate of 44.4% by 2022 to $27.23 billion (up from $4.32 billion in 2017). It is predicted that the market for app development will grow at least 5x faster than the IT capacity to provide those services. Therefore, the rise of apps developed by businesses has been triggered by the demand for digital transformation. The demand for developers and platforms is not high enough to meet the demand.
The average salary of a low code developer ranges from INR 20,505 – 29,000 Per Month and the salary range will go high in the future.
5. Virtual Reality (VR) and Augmented Reality (AR)
Virtual Reality (VR) and Augmented Reality (AR) are proven to be the top innovations that have the highest growth potential. VR submerges one into a virtual environment whereas AR enhances the user experience which is achieved by the use of digital, visual, sound, and sensory technology. As per the survey, the AR market is expected to increase by $198 billion by the year 2025 and around 171 million people are using VR technology. To ace, this field you don’t require any specialized knowledge all you need is basic programming skills and cognitive ability.
Metaverse has indulged a part in VR and AR and continuing to expand its horizon.
6. Robotic Process Automation (RPA)
Robotic Process Automation (RPA) is a method of automating business processes such as data collection and analysis, customer service, and other repetitive tasks that were previously operated manually.
RPA, like AI and Machine Learning, is a constantly evolving technology that automates many jobs in a variety of industries. Less than 5% of jobs today can be completely automated, but nearly 60% can be partially automated.
RPA opens up a slew of new career paths and opportunities, such as those for programmers, project managers, business analysts, and consultants. It also opens doors to high-paying jobs in leading organizations with a moderate learning curve. Choosing this technology as a career path can be extremely beneficial. Robotic Process Automation (RPA) Developer salary in India ranges between INR 4.4 LPA – 24.0 LPA with an average annual salary of INR 6.7 LPA.
7. Internet of Things (IoT)
IoT is one of the most promising technological trends in 2022 that is disrupting the digital world. The Internet of Things, or IoT, is a network of devices that interconnect to the internet and share data with one another. IoT devices include not only computers, laptops, and smartphones, but also objects that have been outfitted with chips that allow them to collect and connect data over a network. By 2025, it is gauged that there will be more than 21 billion IoT devices.
In India, the average salary of IoT engineers ranges from INR 1.5 Lakhs – 16.2 Lakhs with an average annual salary of INR 5.1 LPM.