In today’s era, approximately 60% of the global population is leveraging technology to streamline daily tasks, boosting efficiency and productivity.  Rapid advancements in various technologies present lucrative career opportunities in the coming years. Considering their growth potential, many businesses are adopting these technology trends to unlock their growth and increase revenue.

To manage the new-age technologies, every business must select skilled professionals to handle the technical tasks. So, it is a great time for aspiring students to kickstart their careers,  aligning with the technology trends for 2024. Leading technologies in 2024 that have the potential to enable a business to get faster change and progress are given here.

1. Generative AI

Generative AI is a modern technology popular for enabling many businesses worldwide to make more revenue by generating content that looks like humans. This technology is capable of producing relevant data such as text, images, audio, and video based on the provided command. 

Around 80% of businesses consider that generative AI will increase their efficiency. Here, the ever-increasing use of generative AI promises a bright future for those who will master the use of generative AI and any other new-age technology trends.

Some of the leading jobs and their average entry-level salary are given below.

1. AI Research Scientist – 3.25 LPA
2. Robotics Engineer – 3.5 LPA
3. Business Intelligence Developer – 3.4 LPA
4. AI Ethicist – More than 2 LPA
5. AI Product Manager – 24 LPA

2. Cloud Computing

Cloud computing stands out as one of the cutting-edge technology trends in 2024 that is known for the delivery of systems like servers, databases, and networking software through the Internet. It ensures faster innovation in this current digital age while maintaining lower IT costs.

Moreover, it helps every business to scale easily in this competitive era and at a fraction of the cost and they are continuously searching for the correct candidates. It makes cloud computing one of the hottest skills in the market with jobs that grew by 15% in the last ten years.

Explore the average starting salaries for key professions below.

1. Cloud Operations Engineer – 3.2 LPA
2. Cloud Sales Specialist – 3.9 LPA
3. Cloud Project Manager – 10.1 LPA
4. Cloud Infra Architect – 11 LPA
5. Platform Engineer – 3.4 LPA
   

3. Artificial Intelligence and Machine Learning

Artificial Intelligence (AI) and Machine Learning (ML) have created a lot of buzz today due to their notable effects on businesses around the world. In this context, AI is renowned for its impact through automation, accuracy, speech recognition, innovation, etc.

Moreover, ML is recognized for developing algorithms and statistical models that empower software to perform the task(s) with no or minimum human intervention. This led 75% increase in the AI and ML jobs in the last few years.

Check out the entry-level salaries for top jobs in the list provided below.

1. Machine Learning Engineer – 3 LPA
2. Data Scientist – 5 LPA
3. NLP Engineer – 2.5 LPA
4. Big Data Engineer – 3.6 LPA
5. Software Engineer – 5.94 LPA

4. Virtual Reality and Augmented Reality

Reality technologies have grown rapidly and can enhance the real-life environment. With the help of Virtual Reality (VR), a business can provide an immersive experience to the users.

On the other hand, Augmented Reality (AR) helps to augment the surroundings by adding interactive digital elements to a view. Many recruiters want to hire candidates with the correct skill set. As a result, multiple jobs are available in the market that ask for AR and VR skills from the aspirants of tech jobs.

Here are some prominent occupations along with their average entry-level salaries.

1. XR Developer – 6.1 LPA
2. Software Developer – 3.7 LPA
3. AR/VR Support Technicians – 2 LPA
4. XR Designers- 3.6 LPA
5. AR/VR Developer – 2.73 LPA

Also Read: How Machine Learning Can Change The Future

5. Blockchain Technology

Blockchain technology is a dedicated system where multiple users can securely add data. In simple words, it is a chain of data that doesn’t allow any single party to own and control the data.

Many businesses use Blockchain for its improved security and reliability. As the use of blockchain technology increases, there is also an increase in the demand for skilled IT professionals.

Discover the average entry-level earnings for various significant job positions in Blockchain technology.

1. Blockchain Developer – 3.2 LPA
2. Blockchain Engineer – 3.5 LPA
3. Blockchain Project Manager – 7.2 LPA
4. Risk Analyst – 5.5 LPA
5. Tech Architect – 13 LPA

6. Internet of Things (IoT)

The Internet of Things, or IoT, can be easily defined as a dedicated network of interconnected devices. These devices are embedded with sensors, software, and network connectivity.

Many businesses use IoT to increase productivity, optimize asset utilization, reduce costs, and improve the customer experience. It has led to an increase in the IoT jobs that promise a brighter future for all customers.

Here are the significant job positions for IoT along with its starting annual salary package.

1. Software Developer –  4.27 LPA
2. Sr. Firmware Engineer – 3.39 LPA
3. Sr. Technical Consultant – 5.7 LPA
4. Technical Specialist –  5 LPA
5. IoT Engineer  – 2.4 LPA

7. 5G

The internet has become a great tool used by over 5.3 Bn people in the world and it has increased due to the introduction of 5G technology. Its special design enables faster and more reliable communication compared to traditional wireless technologies.

It helps businesses, especially streaming businesses with low latency, faster data transfer rates, improved network connectivity, etc. Thus, many telecom businesses are using this technology and looking to hire skilled candidates having the relevant skill set.

Following are some of the important job positions with their starting salary.

1. Integration Engineer 5G –  5.74 LPA
2. 5G Developer – 2.5 LPA
3. 5G Software Engineer Manager – 29 LPA
4. 5G Protocol Testing Course – 20 LPA
5. Wireless Network Engineer – 15 LPA

8. Cyber Security

Cyber security has been with us for a while and has emerged as important for various businesses to keep their digital assets secured. In simple words, cyber security is the practice of keeping interconnected devices like computers and mobiles safe. It is also known as information technology security and is useful for various online businesses to ensure network security along with operational security.

Consequently, many businesses are adopting it to improve the security and efficiency of their IT resources.
Following are some of the crucial jobs one can get with cyber security skills with their starting salary.

1. Cyber Security Engineer – 3 LPA
2. Cyber Security Analyst –  2.5 LPA
3. Cyber Security Lead – 8 LPA
4. IT Security Manager – 8.5 LPA
5. Cyber Security Consultant – 7.9 LPA

9. Quantum Computing

Quantum computing is among the rapidly emerging technology trends that use the laws of quantum mechanisms for solving complex problems. Both businesses and research institutes are using quantum computing in various fields.

Businesses can use quantum computing for optimization problems, cryptography, financial modelling, weather forecasting, etc. Many job opportunities have already been created by businesses and these opportunities are expected to increase in the future.

The name of the job position and starting salary are given here.

1. Quantum Software Engineer –  6 LPA
2. QUBIT Researcher –  7 LPA
3. Quantum Computing Researcher –  5 LPA
4. Quantum Cryogenic Engineer –  4.8 LPA
5. Quantum Microwave Engineer –  6.4 LPA

10. Robotics

Robotics is a multidisciplinary field that involves the designing, programming, and manufacturing of robots. It has a primary objective of making machines that can assist humans in completing their tasks. 

These tasks can range from simple to complex and combine elements of mechanical engineering, computer science, and other disciplines. Various businesses can use robotics for manufacturing, logistics, healthcare, construction, etc. 

Multiple businesses provide job opportunities in robotics to increase their ROI and some of the notable job opportunities with their starting salary are outlined below.

1. Robotics Software Engineer –  5 LPA
2. ROS Engineer (Consultant) – 20 LPA
3. Robotics Trainer – 2.4 LPA
4. Mechanical Design Engineer – 5.2 LPA
5. Automation Engineer – 6 LPA

Conclusion

There is a notable surge in the usage of new-age technology trends in today’s competitive digital age. Every business, whether big or small, leverages technology to level up its operations and increase its revenue. Therefore, multiple job openings are available for aspiring students who want to make their career in it. If you also want to take your career to the next level, enroll at CodeSquadz today which is one of the biggest IT training institutes in Delhi-NCR.