In our tech-focused world, the demand for engineers is only growing. New technological innovations are creating more specialized engineers, however, and some of these trends offer a promising future.
Here are the latest technological trends that have the highest engineering job satisfaction.
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Internet of Things (IoT)
IoT is a quickly growing trend for both consumers and businesses. Appliances, vehicles, and other connected devices are being used in homes, workplaces, and industrial applications, and Lantronix is one of the top companies at the helm.
From healthcare to manufacturing to customer service, the use cases for IoT are only a fraction of where this technology can go. Based on forecasts, IoT devices are expected to reach 50 million globally by 2030. The global spending is also expected to increase to 1.1 trillion USD in 2022, along with the job opportunities for engineers.
Artificial Intelligence (AI) and Machine Learning
AI and machine learning are also among the top trends in technology, and by extension, engineering satisfaction. These aren’t new technologies, but they’re gaining more and more attention for both consumer and business applications. Everything from vehicle apps to virtual assistants to gaming applications involve AI, and it’s only expected to grow in the future.
Based on forecasts from Markets and Markets, AI is expected to reach $190 billion by 2025. As this technology sees more widespread adoption, the demand for AI engineers will grow, too. That also means some of the highest salarie among engineering specialties.
Virtual Reality (VR) and Augmented Reality (AR)
Both VR and AR are gaining tons of attention. Once limited to the gaming world, VR and AR are seeing new applications for the military, retail, healthcare, and more. With the upcoming Metaverse and more opportunities for VR and AR use cases, the market is expected to grow to over $209 billion by 2022.
Edge Computing and Quantum Computing
As more data is being collected and processed by businesses, edge computing has emerged as the best solution to address the limitations of cloud computing and harness the full power of IoT devices. With edge computing, data is processed on the edge of the network, close to the device and end user, enabling rapid-fire decision-making based on data insights.
Quantum computing is also likely to grow. This is a form of computing that uses quantum phenomena like interference and entanglement to perform calculations and process, query, monitor, and analyze data. Quantum computing has huge promise for the finance industry and is expected to grow to $2.5 billion by 2029.
Cyber security isn’t a new technology or a trend, but it is changing and evolving along with these other technologies. All online activity carries risk, but the greater adoption of technologies like IoT and AI provide more access points for hackers and other bad actors to exploit sensitive data and damage organizations, both financially and reputationally.
No matter where technology heads in the future, cyber security will always be a necessary component. As a result, cybersecurity jobs are in a period of growth. According to research from Gartner, 60% of organizations are considering cyber security risk in evaluating business transactions, which illustrates the need for more cyber security professionals.
The Future Looks Bright for Engineers
Technology is ever-present in our lives and only continuing to grow and evolve. Engineers that gain skills in some of these trending technologies have incredible opportunities for lucrative positions in some of the world’s top countries and plenty of job satisfaction. The demand for skilled professionals is unlikely to die down anytime soon, so start training today!