Top 10 Tech Niches To Invest In 2023

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Top 10 Tech Niches

As our world changes at a rapid pace, it’s important to keep up with the latest tech trends and specializations. This is crucial, but it’s not simple to do. Hence, to better equip you for the year 2021, we’ve conducted in-depth industry research and created our specific list of the top 10 tech specialties in demand right now.

 To better equip you for the year 2021, we’ve conducted in-depth industry research and created our specific list of the top 10 tech specialties in demand right now.

Artificial Intelligence and Machine Learning

Digital intelligence is reshaping everything from health and transport to commerce, administration, and leisure. More and more work is being done by robots. Cars that drive themselves already on the road, and virtual assistants who act like humans are also becoming more commonplace. Because of the sheer number of AI/ML specialists needed to make this kind of change, it’s ranked as the top emerging career on LinkedIn’s annual report for 2018.

For AI/ML professionals, the essential abilities are a combination of TensorFlow, Python, Java, R as well as Natural Language Processing in their armory.

Data Science

AI/ML technology and data science go hand in hand, and data science is frequently an essential component of it. That being said, the field is sufficiently distinct and large to warrant its own entry on this list.

Last year demonstrated how big data may influence global processes and assist the international community in responding to contemporary problems by offering practical answers.

Businesses are still the primary users of data science services. According to refnitiv.com, business demand for data experts has increased by nearly a third since 2018.

Given that next-generation technology is largely reliant on efficient data gathering, processing, and analysis, it’s obvious that data science is a critical component of technological development in all its forms.

IoT

Weaving a mesh of linked smart devices into our everyday activities on many levels is required for effective data gathering and deployment of digital intelligence technologies like artificial intelligence.

Thus, the Internet of Things is still a hot subject in the world of technology and the advancement of that technology.

Thus, IoT research is moving from nice-to-haves to more utilitarian applications in many critical areas related to human activity. Automated warehouses and automated monitoring and shipment are being more integrated into transportation. The healthcare industry is being transformed by remote monitoring and management, wearables, and contact-tracing technologies. Diverse sectors of the manufacturing industry are putting smart industrial technology and machinery into place.

There will be 27 billion connected devices worldwide by 2021, or roughly 3.5 gadgets per person worldwide, according to a Cisco study. The global IoT industry is projected to reach $520 billion by then.

Cloud Computing

All of the above-mentioned complicated computations require a tremendous amount of computer power. In 2021, cloud computing is expected to be another essential skill set.

Due to the sheer ease and superior speed that cloud computing provides while revolutionizing computer resource use, it is gaining enormous traction.

As far as cloud platforms go: AWS, Microsoft Azure, and Google Cloud Platform are all worthy of consideration. Three of today’s biggest cloud service companies will be a significant influence in 2021 when it comes to technological advancement.

More than 90% of all public businesses in the globe are utilizing virtual technology, with 94% percent in the cloud this year, according to an evaluation by HostingTribunal.

Cybersecurity

That much (often reasonable) data has to be operated at a position where there aren’t any physical barriers to safeguard the service users. A person’s identity becomes more at risk the more data they keep and access online.

Global cybersecurity expenditure has recovered during the epidemic, after significantly decreasing in 2019/2020. According to threatpost.com, the market shows no signs of slowing down any time soon.

As a result, cybersecurity professionals will be in great demand far beyond 2021.

Particular emphasis is being paid to areas such as cloud data protection and application monitoring, which are among the top cybersecurity sub-niches. With new security models like zero trust security, this is a great market to invest in. 

Blockchain

Even though it’s closely related to internet safety, Blockchain is deserving of its own spot on our list. That would be, of course, due to the current cryptocurrency surge.

A crypto-revolution is taking place right before our eyes, despite the fact that blockchain is still relatively new. The value of the technology is increasing rapidly as some of the world’s largest tech companies begin to invest in it.

Bitcoin’s skyrocketing price, along with reports that more and more companies are opening their doors to crypto operations, makes it clear that the IT market’s need for blockchain specialists will grow rapidly in the near future.

Mobile Development

All of the foregoing, from the perspective of the customer, only makes complete sense when combined with the digital platform that captures the majority of user attention and time: mobile devices.

According to StackOverflow, the market for mobile developers will be among the greatest in the whole IT development spectrum by 2022, with yearly mobile app downloads expected to exceed $258 billion (an increase of nearly 50% in five years).

Given the 5+ billion smartphone users worldwide, mobile development will continue to be important for some time to come.

The most money is being made per line of code by cross-platform development tools (like React Native).

AR/VR

When considering future technology and innovation, we can’t ignore AR/VR as a critical tool for ushering in a new era.

The healthcare crisis of last year has been a significant external factor driving the shift to an “all-remote” paradigm in technology. As a consequence, the AR industry exploded, reaching a value of $15 billion, as per statistics from marketsandmarkets.com.

A lack of Covid-related capabilities has forced consumer-centric businesses to reevaluate conventional methods of performing everyday activities including communication, leisure, shopping, and travel.

But the healthcare industry is stepping up its use of virtual reality in a big way. Here, the use of augmented reality has already demonstrated tremendous benefits in employee training, surgery, general care, pediatrics, and many other niches of the medical industry.

DevOps

Most of the other technologies on this list will be successful only if the development procedures are optimized. As a result, DevOps will be very important far into the year 2021.

In this respect, Infrastructure Automation, Application Release Orchestration, Application Performance Monitoring, and Cloud Management Platforms are receiving more attention, as well as a significant emphasis on agility and adaptability to irregular goals.

Python

On our list, the last but not least is Python, the market’s most in-demand scripting language at the moment. The authorized AI/ML software backbone is unquestionably the finest option for any data-related application in 2021.

The fact remains that JavaScript is worth noting since its popularity rivals that of programming languages like Python. In spite of this, the number of Python-based projects compared to the total number of programmers available makes it the clear winner in the market.

Conclusion 

There you have it! The top upcoming tech niches. While most aren’t new, they have made commendable strides recently and have come to the forefront of the industry. 

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