Explore the Top 10 Emerging Technologies to Master in 2024

5. Data Science & Analytics

In the era of big data, understanding data science and analytics is essential. Often called the new gold, data science mastery enables you to extract valuable insights, make informed decisions, and drive business success in an increasingly data-driven world.

Glassdoor reports the average salary for a Data Scientist in India is approximately 14 lakhs per annum. In the United States, salaries range from $130,000 to $170,000 per annum. Salaries can vary based on location, industry, and experience.

Major companies like Microsoft, EY, Amazon, Google, Walmart, JPMorgan Chase & Co., and PwC consistently seek Data Scientists and Analysts.

Also Read: Top Media Streaming Devices for Ultimate Entertainment in India

6. Human-Computer Interaction

Daily interactions with computers, whether typing, swiping a smartphone, or using a home speaker, underscore the importance of studying Human-Computer Interaction (HCI) and User Experience (UX). This field equips you to design intuitive interfaces for evolving technologies, ensuring seamless user experiences.

Market and Markets project the Global Human-Computer Interaction market size to reach 7.3 Billion Dollars by 2027, with a CAGR of 8.1%. Salary.com notes an average salary of $142,000 for professionals in HCI and UX in the U.S. and 10 lakhs per annum in India.

Leading global companies like LiveWire, Mitsubishi Electric, Schneider Electric, Neuralink, Meta, and Sony operate in the HCI and UX field. Enroll in the HCI course offered by the University of Cambridge online in partnership with Edureka to immerse yourself in this latest technology.

7. Blockchain

Beyond being the backbone of cryptocurrencies like Bitcoin, Blockchain’s business value-add is predicted to boost the global economy by $1.76 trillion by 2030, according to PwC. Blockchain applications extend into supply chain management, healthcare, e-commerce, publishing, insurance, and more.

Glassdoor cites an average salary of 8.5 lakhs per annum for a blockchain developer in India. With 7-8 years of experience, this can rise to 50-80 lakhs annually. In the U.S., a blockchain developer’s average salary is $142,000 per annum.

Companies actively hiring blockchain professionals include TCS, IBM, Tech Mahindra, HCL, PwC, and Cognizant. Stay relevant by exploring Edureka’s Blockchain Certification Course.

Also Read: Human Brain vs. AI: The Battle of Cognition

8. Full Stack Web Development

In a rapidly advancing technological world, innovation is vital, and Full Stack Web Developers play a crucial role. These tech superheroes possess the rare ability to handle both front-end and back-end development of web applications.

The U.S. alone has over 11,000 open positions for Full Stack Web Developers, with 9,000+ in India on LinkedIn. Indeed.com reports an average salary of $128,000 for a Full Stack Web Developer in the U.S. and salaries ranging from 6 lakhs to 16 lakhs in India.

Companies like TCS, Infosys, Spotify, Uber, Wipro, Mindtree, IBM, and Accenture have multiple job openings.

9. Virtual Reality/Augmented Reality

2024 introduces the metaverse, powered by virtual reality. Brands like Sephora, IKEA, Gucci, Amazon, Wayfair, Target, and MOSCOT already use AR/VR to enhance shopping experiences and beyond.

Markets & Markets project the VR market to grow from $6.1 billion in 2024 to $20.9 billion by 2025, with a 27.9% annual growth rate. Glassdoor reports an average AR/VR Developer salary of $121,000 in the USA and around 12 Lakhs per annum in India.

Also Read: Exploring Artificial Intelligence: An Introduction and Overview of Pros and Cons

10. Robotic Process Automation

Robotic Process Automation (RPA) focuses on automating repetitive tasks, a skill in high demand in 2024 and beyond. Indeed.com notes that the average salary in the RPA industry in the U.S. is approximately 30% higher than software engineers or general programmers.

Talent.com reports an average salary of 6.6 Lakhs per annum for RPA Developers in India, reaching up to 25 Lakhs per annum for experienced professionals. Glassdoor states an average salary of $107,000 per year for Senior RPA Developers in the United States.

Organizations like Randstad, Bosch, Shell, KPMG, Cognizant, TCS, and others actively implement RPA, creating opportunities for trained professionals. Explore Edureka’s RPA courses to stay future-ready in this dynamic field.

In 2024, the tech landscape continues to evolve, presenting challenges and opportunities. These top 10 technologies serve as your guide to a brighter career, offering avenues for upskilling, transitioning, or staying relevant in your current role.