Which Technologies will be in Demand in the Future?

As we look around in our houses and workplaces, all we see is technology embedded in our lives so much so that we can hardly predict how it is going to look like in the next 5 to 10 years from now. The best idea is always to stay updated and in touch with the new innovative technologies in the market already and the ones that are being worked on. If you are not someone who likes to watch the news, read articles, or keep a check on the latest upcoming news particularly technology. We would recommend you to get a cable connection that offers you a comprehensive channel lineup. Spectrum offers an extensive channel lineup to meet the need of your household. Spectrum cable packages are tailored with perfection so that you can get the best out of cable TV.

Why cable provider? Because typically our entire household prefers to watch TV, or we often leave our TV on while doing chores, this often allows most of us to stay in touch with news and what is happening in the world – instead of following up on any news app or social media.

In this article, we will be giving our readers a quick round-up on which technologies will be in demand in the future. So, without further ado, let’s get to it:

  1. Artificial Intelligence

By 2025, it is evident that the market of AI will expand to become a $190 billion industry, with global expenditure on cognitive as well as AI procedures racing up to $57 billion till 2021.  With AI expanding in various sectors, this will result in employment opportunities in areas of programming, testing, and evaluation, assistance, and maintenance. Moreover, AI also provides great salaries in recent times, ranging from over $1,25,000 per year if we talk about a machine-learning engineer) to $145,000 per year for an AI architect -establishing itself as the finest modern technology trend one must be aware of in coming days.

  1. Machine Learning

A subgroup of AI is Machine Learning, its use is already taking place in several industries, generating massive demand for experts in this field. It is predicted by Forrester that, by 2025, machine learning, and automation will lead to the creation of 9 percent jobs in the U.S. in fields of robots supervising professionals, data scientists and researchers, automation experts, and content composers.

  1. Robotic Process Automation (RPA)

Robotic Process Automation (RPA) is a rapidly growing technology that is providing jobs. In RPA, one utilizes software to facilitate business operations such as understanding applications, managing transactions, analyzing data, and responding to emails. RPA automates mundane tasks done by people. Even though Forrester Research gauges that RPA automation will negatively impact the sustenance of 230million workers or roughly 9 percent of the worldwide workforce, RPA is generating new jobs while bringing massive changes to existing jobs. McKinsey estimates, fewer than 5 percent of jobs can be fully automated, but approximately 60 percent might be partly automated.

  1. Internet of Things

Edge computing is likely to bring growth in the use of the Internet of Things (IoT) gadgets. It is predicted that the global computing markets will reach $6.72 billion, by 2022. This modern technology mode will grow by leaps and bounds, creating various job opportunities, mainly for software engineers.

  1. Quantum Computing

Quantum computers are much faster than typical computers and famous brands such as Splunk, Honeywell, Microsoft, AWS, Google and various others are focusing on working towards modernization in Quantum Computing. By 2029, the earnings from global quantum computing are estimated to exceed $2.5 billion. And to be recognized in this era of new technology, you must have experience with quantum mechanics, linear algebra, probability, information theory, and machine learning.

  1. Virtual Reality (VR) and Augmented Reality (AR)

VR engages its users in the environment while AR creates value in an environment. Even though this technology trend is being mainly used in gaming, it also plays a key role in training, like with Virtual Ship, simulation software that is used for the betterment of the U.S. Navy, their Army, and also Coast Guard ship captains. By 2021, these forms of technologies might be a greater part of our lives. Usually operating along with various advanced technologies mentioned above, AR and VR prove to have great potential in enhanced training, entertainment, the betterment of education, formulating marketing strategies, and for care after a severe injury.

Final Thoughts

Technology is exceeding our expectations and eventually will become even bigger in our lives before we even realize it.