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Top 9 New Technology Trends for 2024

Jun 14, 2021
Top 9 New Technology Trends for 2024

Today, technology is developing at such a rapid pace that it allows for faster change and progress, accelerating the pace of change until it becomes exponential. However, it is not only technology trends and cutting-edge technologies that are changing. This year, things have changed significantly due to the COVID-19 outbreak, which has made IT professionals realize that their role will not be the same in tomorrow's touchless world. And an IT professional in 2020-21 will have to constantly learn, unlearn and relearn (by necessity, if not by desire).


What does this mean for you? It means that you will have to keep up with new technology trends. And it means keeping an eye on the future to see what skills you will need to get a secure job tomorrow with recruitment solutions and even learn how to get there. Everyone is succumbing to the global pandemic, and most IT people around the world are forced to work from home. And if you want to make the most of your time at home, here are the top 9 new technology trends you should watch and try in 2021, and maybe land one of the jobs that will be created by these new technology trends.


Here are the top 8 new technologies and trends:


  • Artificial Intelligence (AI) and Machine Learning
  • Robotic process automation (RPA)
  • Advanced computing
  • Quantum computing
  • Virtual and augmented reality
  • Blockchain
  • Internet of Things (IoT)
  • Cybersecurity



1| Artificial intelligence (AI) and Machine Learning





Artificial intelligence, or AI, has already received a lot of attention over the past decade, but it remains one of the emerging technology trends as its remarkable impact on the way we live, work and play are still in its infancy. AI is already known for its superiority in image and speech recognition, navigation applications, recruitment solutions, personal assistants for smartphones, ride-sharing applications, and much more.

In addition, AI will be used to analyze interactions to determine underlying connections and insights, to help predict demand for services such as hospitals, enabling governments to make better decisions about resource use and to detect changes in customer behavior by analyzing data in near-real-time, increasing revenue and improving personalized experiences.

The AI market will reach $190 billion by 2025, and global spending on cognitive and AI systems will exceed $57 billion by 2021. As AI increases its formations across all areas, new jobs will be performed in development, testing, programming, maintenance, and support, to name a few.

Machine learning, which is a subset of AI, is also being used in all sorts of industries, creating a huge demand for skilled professionals. Forrester predicts that AI, machine learning, and automation will create 9% of new jobs in the US by 2025, including robotics experts, data scientists, automation specialists, and content curators - making it another tech trend to watch!


2| Robotic Process Automation (RPA)




As AI and machine learning, robotic process automation or RPA is another technology that automates jobs. RPA includes using software to automate enterprise processes such as processing transactions, interpreting demands, handling data and also replying to emails. RPA automates repetitive tasks that humans used to perform.

Forrester Research estimates that RPA automation will threaten the livelihoods of at least 230 million knowledge workers or about 9% of the global workforce.


3|  Advanced Data Processing


Cloud computing was once considered a new technology trend, but it has now become mainstream, with major players such as AWS (Amazon Web Services), Microsoft Azure, and Google Cloud Platform dominating the market. The use of cloud computing continues to grow as more and more businesses adopt a cloud solution. But it is no longer the new technology trend. The cutting edge technology is.


As the amount of data that businesses process continues to grow, they have become aware of the shortcomings of cloud computing in certain situations. Edge computing is designed to solve some of these problems by bypassing the latency caused by cloud computing and transmitting the data to a data center for processing. It can exist "at the edge", if you like, closer to where the data processing is to take place. Therefore, edge computing can be used to process time-sensitive data in remote locations where connectivity to a central location is limited or non-existent.


Edge computing will increase with the growing use of Internet of Things (IoT) devices. And this new technology trend is only set to grow, not slow down, creating many jobs, especially for software engineers.


If you keep up with cloud computing (including new-age edge and quantum computing), you can get interesting jobs such as


  • Cloud reliability engineer
  • Cloud Infrastructure Engineer
  • Cloud Architect and Security Architect


4| Quantum Computing





The next notable technology trend is quantum computing, a form of computing that exploits quantum phenomena such as superposition and quantum entanglement. This amazing technological development is also helping to prevent the spread of the coronavirus and to develop potential vaccines through its ability to easily query, monitor, analyze and act on data from any source. Quantum computers are also being used in the banking and financial sector for credit risk management, high-frequency trading, and fraud detection.

Quantum computers are now several times faster than regular computers and major brands such as Splunk, Honeywell, Microsoft, AWS, Google, and many others are now involved in creating innovations in quantum computing. The global market for quantum computers is expected to exceed $2.5 billion by 2029. And to get a foothold in this hot new technology, you'll need experience in quantum mechanics, linear algebra, probability, information theory, and machine learning.


5| Virtual Reality and Augmented Reality




Another unusual technology trend - virtual reality (VR) and augmented reality (AR) and augmented reality (ER). VR immerses the user in the environment, while AR enhances their surroundings. Although this technology trend has so far been used primarily for gaming, it has also been applied to training, for instance in the VirtualShip simulation program used to reduce ship operators in the US Navy, Army, and Coast Guard.

By 2021, we can expect these technologies to be even more integrated into our lives. AR and VR typically work in conjunction with some of the other new technologies we've mentioned in this list and have huge potential in training, entertainment, education, marketing, and even injury rehabilitation. Both could be used to train doctors for surgeries, deepen the experience of museum visitors, improve theme parks, or even improve marketing, as in the case of the Pepsi Max bus shelter.

Interesting fact: 14 million augmented reality and virtual reality devices were sold in 2019. The global augmented reality and virtual reality market are expected to grow to $209.2 billion by 2022, which only creates more opportunities in this trending technology and welcomes more professionals who are ready for this game-changing field.

While some employers may be looking for optics as a skill set, realize that it doesn't take much-specialized knowledge to get started in VR - basic programming skills and forward-thinking can get you a job; another reason why this new tech trend should be on your search list!


6| Blockchain




Although most figures study blockchain technology in the circumstances of cryptocurrencies like Bitcoin, blockchain offers security that is useful in many other ways as well. Simply put, blockchain can be described as data that you can only add to, not remove or change. This is where the term "chain" comes from because you are creating a chain of data. The fact that you can't change previous blocks makes it so secure. Blockchains are also consensus-based, so no one entity can take control of the data. With a blockchain, you don't need a trusted third party to monitor or verify transactions.

More and more industries are engaging and implementing blockchain, and as the use of blockchain technology grows, so does the demand for skilled professionals.

If you are fascinated by Blockchain and its applications and want to make a career in this trending technology, then this is the right time to start. To pursue Blockchain, you need to have hands-on experience with a programming language, OOPS basics, flat and relational databases, data structures, web application development, and networking.


Mastering blockchain can help you expand your reach in a variety of fields and industries:


  • Risk Analyst
  • Technical Architect
  • Cryptographic community manager
  • Front End Engineer


7| Internet of Things (IoT)




The extra encouraging new technology trend is the Internet of Things. Many "things" are now made with WiFi connectivity, which means they can connect to the internet - and each other. This is where the Internet of Things (IoT) comes from. The IoT is the future and is already enabling devices, home appliances, cars, and many other devices to connect to the internet and exchange data over the internet.

As consumers, we are already using and benefiting from the IoT. We can remotely lock the door when we forget to when we go to work, preheat the oven on the way home from work and track our fitness on Fitbits at the same time. But businesses also have a lot to gain now and shortly. IoT can enable businesses to improve security, efficiency, and decision-making by collecting and analyzing data. It can enable predictive maintenance, speed up medical care, improve customer service, and provide benefits we can't even imagine yet.

And we are only at the beginning of this new technology trend: by 2030, around 50 billion of these IoT devices are forecast to be in use worldwide, creating a vast network of connected devices.

8|  Cybersecurity




Cybersecurity may not seem like a trendy technology as it has been around for a while, but it is evolving like other technologies. This is partly because the threats are always new. Malicious hackers trying to gain illegal access to data will not give up any time soon and will continue to find ways to penetrate even the most stringent security measures. This is partly because new technologies are being adapted to improve security. As long as we have hackers, cybersecurity will remain a trending technology because it will constantly evolve to defend against these hackers.


As proof of the great need for cybersecurity experts, the number of jobs in cybersecurity is growing three times faster than in other technical professions. Moreover, the need for proper cybersecurity is so great that by 2021, $6 trillion will be spent on cybersecurity globally.


Keep in mind that while this field is challenging, it can also provide a lucrative six-figure income, and roles can range from


  • Ethical hacker
  • Malware analyst
  • Security engineer
  • senior security officer
  • offering a promising career path for those looking to get in and stay in this tech trend.



9 emerging tech trends and 1 solution to succeed with them


Although technology is emerging and evolving all around us, these 9 major new technology trends offer promising career opportunities now and in the foreseeable future. And most of these new technologies offer qualified professionals, which means it's the right time to choose one of them, get trained, and get in on the early stages of these new technologies to position yourself for success now and in the future.


Global spending on the Internet of Things (IoT) is expected to reach USD 1.1 trillion by 2022. Innovative technologies such as 5G are required to drive store growth in the coming years. If you are looking for  Iot developer there are many web development companies in India that may help in dealing with latest technology trends.


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