Top 10 Technologies To Learn In 2024 | Trending Technologies In 2024 | Simplilearn

Summary

The Simply Learn YouTube channel highlights the top 10 technologies to learn in 2024, including blockchain, AR/VR, IoT, 5G, machine learning, cybersecurity, edge computing, biotechnology, quantum computing, and artificial intelligence. It emphasizes the high demand for tech professionals and the lucrative salaries, with an average of $80,000 to $160,000 in the US and 6 to 12 lakh rupees in India. The video encourages continuous learning and upskilling for career advancement, offering certification programs in cutting-edge domains.

Takeaways

• 📈 The technology industry is booming with approximately 2.4 million job openings as of 2023, indicating a high demand for tech professionals.
• 🔄 60% of professionals are transitioning from non-tech careers to tech careers, showcasing the accessibility and potential for career shifts into the tech field.
• 💼 The top 10 technologies to learn in 2024 are identified, providing a roadmap for those looking to upskill or start a career in tech.
• 💰 Blockchain professionals can expect an average annual salary of $100,000 in the US and 8 lakh rupees in India, highlighting the lucrative nature of this field.
• 🕶️ Augmented Reality (AR) and Virtual Reality (VR) are set to revolutionize various sectors, with specialists earning around $95,000 in the US and six lakh rupees in India.
• 🔗 The Internet of Things (IoT) is connecting everyday objects, making them smart and is a growing field with an average salary of $130,000 in the US and 7 lakh rupees in India.
• 🚀 5G technology is a game-changer with its lower latency and higher bandwidth, paving the way for advancements in various industries, with experts earning $110,000 in the US and 6 lakh rupees in India.
• 🤖 Machine learning is integral to AI, with a Compound Annual Growth Rate (CAGR) of approximately 36% over the next 5 years, and professionals earning up to $150,000 in the US and 10 lakh rupees in India.
• 🛡️ Cybersecurity is crucial with increasing cyber threats, and professionals are in high demand, earning an average of $130,000 in the US and 7 lakh rupees in India.
• 🌐 Edge Computing brings data processing closer to the data source, improving real-time processing, with professionals earning $150,000 in the US and 12 lakh rupees in India.
• 🧬 Biotechnology is transforming healthcare and agriculture, with an average salary of $80,000 in the US and 6 lakh rupees in India for experts in the field.
• 💡 Quantum Computing is solving complex problems beyond the capabilities of classical computers, with professionals earning $140,000 in the US and 12 lakh rupees in India.
• 🧠 Artificial Intelligence (AI) is the top technology, with endless possibilities and a high earning potential of $160,000 in the US and 8 lakh rupees in India for AI experts.

Q & A

What was the approximate number of job openings in the technology industry as of 2023 according to the video?

As of 2023, there were approximately 2.4 million job openings in the technology industry.

What percentage of professionals are transitioning from non-tech careers to tech careers as mentioned in the video?

60% of professionals are transitioning from non-tech careers to tech careers.

Why is blockchain technology significant according to the video?

Blockchain technology is significant because it acts as a digital ledger that records transactions securely and is used in various industries, including finance and supply chain management.

Which companies are actively hiring blockchain experts as per the video?

Companies like IBM, Deloitte, Microsoft, and JP Morgan Chase are actively hiring blockchain experts.

What is the average annual salary for blockchain professionals in the US and India?

Blockchain professionals can expect an average annual salary of $100,000 in the US and 8 lakh rupees in India.

How are augmented reality (AR) and virtual reality (VR) transforming industries as mentioned in the video?

AR and VR are taking immersive experiences to the next level in industries such as gaming, education, and medical training, revolutionizing the way we interact with the digital world.

What are the potential applications of the Internet of Things (IoT) according to the video?

IoT is about connecting everyday objects to the internet, making them smart and capable of sharing data, which can make life more convenient.

Which companies are seeking IoT experts as per the video?

Companies like Amazon, Apple, Google, and Samsung are actively seeking IoT experts.

What is the potential impact of 5G technology on various industries as mentioned in the video?

5G technology, with its lower latency and higher bandwidth, will pave the way for advancements in autonomous vehicles, telemedicine, and more.

What is the projected compound annual growth rate (CAGR) for the machine learning market over the next 5 years according to the video?

The machine learning market is projected to have a CAGR of approximately 36% over the next 5 years.

Why is cybersecurity becoming increasingly important in the digital world?

Cybersecurity is becoming increasingly important due to the growing number of cyber threats, and the high demand for professionals who can safeguard our data.

What is the role of edge computing in improving real-time processing?

Edge computing brings data processing closer to the data source, reducing latency and improving real-time processing, which is vital for IoT and other applications.

How are advancements in biotechnology transforming various sectors as mentioned in the video?

Advancements in biotechnology are transforming healthcare, agriculture, and more through gene editing and personalized medicine, indicating a field with immense potential.

What makes quantum computing different from classical computers as per the video?

Quantum computers use quantum bits (q-bits) and can solve complex problems that classical computers cannot, potentially revolutionizing industries like cryptography and drug discovery.

What is the average annual salary for AI professionals in the US and India according to the video?

AI professionals can earn an average annual salary of $160,000 in the US and 8 lakh rupees in India.

How is artificial intelligence (AI) reshaping various industries as mentioned in the video?

AI, with its ability to analyze vast data sets and make intelligent decisions, is reshaping industries through applications in chatbots, self-driving cars, medical diagnosis, and more.

What does the video suggest for continuous learning and upskilling in the tech industry?

The video suggests that staying ahead in your career requires continuous learning and upskilling, whether you're a student or a working professional, and offers a catalog of certification programs in cutting-edge domains.