Engineers are in demand in virtually every industry, but several technologies are revolutionizing industry and fueling the demand for highly skilled and specialized engineers.
Here are the latest technological trends that have the highest engineer job satisfaction.
Internet of Things (IoT)
Businesses and consumers are rapidly adopting IoT and finding new applications and use cases, making it one of the top technology trends. Consumer and industrial IoT devices offer opportunities for better efficiency, safety, and decision-making using high-quality data.
In fact, IoT devices are expected to reach 50 million globally by 2030 and 1.1 trillion USD in spending in 2022. This ensures job opportunities for engineers with a background in IoT with top companies, such as Lantronix.
Artificial Intelligence (AI) and Machine Learning
AI and machine learning is finding its way into virtually every industry and evolving rapidly. These technologies provide high earning opportunities with image and speech recognition, virtual shopping and assistants, and much more.
According to reports from Markets and Markets, AI is forecast to grow to $190 billion by 2025. Furthermore, machine learning, which is a subset of AI, will be responsible for 9% of the new jobs in the US by 2025.
Virtual Reality (VR) and Augmented Reality (AR)
VR and AR are common in gaming and film, but they’re both seeing more adoption in different industries. VR and AR moved beyond gaming and entertainment to the military, retail, and healthcare, expanding opportunities for engineers. As new applications and use cases arise, there will be an increasing demand for engineers.
The market is expected to grow to over $209 billion by 2022. As new applications and use cases arise, there will be an increasing demand for engineers at prestigious organizations working on innovative VR/AR-powered technologies, such as Lantronix.
5G
The next-gen of cellular technology, 5G is necessary to successful widespread IoT implementation. With companies driving industry change with cutting-edge IoT solutions, engineers with a background in innovation will be in high demand.
As IoT sees more adoption, the demand for 5G infrastructure will increase. By 2024, 5G networks are expected to cover about 40% of the world. Telecommunications are investing in the development of 5G applications, increasing the opportunities for 5G telecom engineers for voice and data communications systems.
Cyber Security
Cyber security isn’t new, but its application in emerging technologies increases the demand for specialized engineers. IoT, for example, collects massive amounts of sensitive data and provides multiple ingress points for hackers. With increased IoT adoption and more security risk, cyber security jobs are growing faster than other tech positions.
According to data from Gartner, 60% of organizations will consider cyber security risk when assessing business engagements and transactions by 2025. This showcases the need for skilled and experienced cyber security professionals.
The Future of Engineering
The rapid development and evolution of technology and innovation boast incredible career options for engineers, which is only expected to increase. More technology adoption means greater demand for skilled and specialized engineering professionals.
——-
Author Bio:
Subbu Seetharaman
Subbu Seetharaman is the Director Of Engineering, at Lantronix, a global provider of turnkey solutions and engineering services for the internet of things (IoT). Subbu is an engineering executive with over 25 years experience in leading software development teams, building geographically distributed, high performing teams involved in developing complex software products around programmable hardware devices.