Understanding how the professional world may develop in the future can largely be assisted by keeping an eye on the evolving patterns of technological growth and usage. A career you may wish to pursue or one you already have may see a significant uptick in the coming years.
We'll discuss in-demand professions in this blog that we think will expand in the years to come.
We'll discuss in-demand professions in this blog that we think will expand in the years to come.
1. Health Sector
We are all aware of how the pandemic has changed both the world and humanity. The government is emphasising the need to spend more on health infrastructure in order to prepare for any potential future emergencies as a result of the epidemic. Future years will see a huge demand for professionals like doctors, nurses, and pharmacists. Precise degrees and certifications are needed to have a meaningful profession in healthcare.
These will be pursued from the beginning. According to an IBEF analysis, the Indian government wants to raise healthcare spending to 3% of GDP by 2022. Healthcare merger and acquisition activity increased by a record-breaking 155% in FY19.
These will be pursued from the beginning. According to an IBEF analysis, the Indian government wants to raise healthcare spending to 3% of GDP by 2022. Healthcare merger and acquisition activity increased by a record-breaking 155% in FY19.
2. Back End Developer
The regular use of mobile applications has increased exponentially as a result of technological innovation. A back-end developer is responsible for managing and organizing the technology that users see on the front end of every mobile application that they create.
By the end of 2020, there are expected to be more than 1.4 million open computing positions, according to statistics provided by Upgrade.
By the end of 2020, there are expected to be more than 1.4 million open computing positions, according to statistics provided by Upgrade.
3. Banking
Any economy's foundation is thought to be the banking industry. The banking industry will play a significant role in post-pandemic India due to the ongoing efforts to develop revival plans for the Indian economy.
Here are a few statistics from an IBEF report that show how India's banking industry is expanding.
Here are a few statistics from an IBEF report that show how India's banking industry is expanding.
- Twenty public sector banks, 22 private sector banks, 44 foreign banks, and 44 rural regional banks make up the Indian financial system.
- In addition to cooperative credit institutions, India has 94,384 rural cooperative banks and 1,542 urban cooperative banks.
- India had 210,263 ATMs as of January 31, 2020, and by 2021, it is anticipated that number will reach 407,000.
4. Information Technology
The modern era depends on information technology. Can you picture a world without computers and smartphones? In fact, no one can in the present day. For a few years, information technology has multiplied tenfold and continues to grow.
Why will employment in information technology be in high demand in the future? Why is that? According to a Financial Express story, the IT and BPM sector generates 7.9% of India's GDP and employs almost 41 lakh experts.
There is currently about 31,922 registered information technology (IT) businesses operating in the nation. The establishment of 48,300 BPO/ITES seats is encouraged by the India BPO Promotion Scheme (IBPS), which offers financial support up to Rs. 1 lakh per seat.
Why will employment in information technology be in high demand in the future? Why is that? According to a Financial Express story, the IT and BPM sector generates 7.9% of India's GDP and employs almost 41 lakh experts.
There is currently about 31,922 registered information technology (IT) businesses operating in the nation. The establishment of 48,300 BPO/ITES seats is encouraged by the India BPO Promotion Scheme (IBPS), which offers financial support up to Rs. 1 lakh per seat.
5. Alternate Energy
The resources we currently use as our primary fuels will run out in the future. The government is aware of this reality, and alternatives are continually being considered.
Be proactive and conduct your research at a reputable university. Your chances of getting a better job with a federal or state government agency will improve as a result.
Be proactive and conduct your research at a reputable university. Your chances of getting a better job with a federal or state government agency will improve as a result.
6. Digital Marketing
According to MDT, it has increased dramatically over the past two years, much like the use of social media.
- Today's firms rely solely on digital marketing in 40% of cases.
- More than 90% of firms are predicted to transition to digital.
- The current size of the digital advertising market is INR 255 billion (As of 2020). By the end of 2020, it is predicted that digital marketing would support 20 lakh jobs.
7. Content Creation
Every company wants to generate buzz in the online space because the majority of business is done there. How do they manage to accomplish it digitally? The solution, then, is to provide original, high-quality material.
Writing blogs, whitepapers, website material, newsletters, and other types of content is a need for every business nowadays.
Even in the future, there will always be a need for content providers. The demand for content producers will always be high as digital marketing channels expand.
Writing blogs, whitepapers, website material, newsletters, and other types of content is a need for every business nowadays.
Even in the future, there will always be a need for content providers. The demand for content producers will always be high as digital marketing channels expand.
8. Machine Learning
Have you ever wondered how the shoes you were looking at on an online store suddenly appeared in your Facebook window? Well, since it's all artificial intelligence, don't be shocked. Simply put, machine learning is the process by which devices are created to perceive the world more intelligently and humanely.
Today's virtual assistants like Siri, Alexa, and others are all the result of machine learning & artificial learning. The next big thing in technology is machine learning. Machine learning will continue to advance and is already showing signs of doing so in the near future.
Today's virtual assistants like Siri, Alexa, and others are all the result of machine learning & artificial learning. The next big thing in technology is machine learning. Machine learning will continue to advance and is already showing signs of doing so in the near future.
9. Robotics
Be a part of a developing future if you want a fantastic future. The industrial robotics industry in India is anticipated to reach $46 billion in 2020.
Robotics development in India has been relatively modest, but it is gaining speed and will reach its peak in the coming years.
Robotics development in India has been relatively modest, but it is gaining speed and will reach its peak in the coming years.
10. Cyber Security
The user is now more vulnerable to fraud or cybercrimes due to the growing trend of online banking, transactions, and data storage, among other things. This has increased the need for cyber security professionals. According to Nasscom, India would require more than 1 million cybersecurity workers by the end of 2020. Yes, there is an increase in demand. Security has been a top priority in India and other nations due to the development of modern banking and the resulting technologies in the banking sector. Both the world and careers are changing. To ensure a better future, make sure you select the appropriate career.
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According to the BLS, increased demand will mostly be seen in the fields of cloud storage, data management, and information security. Information security analysts and computer and information research scientists thus have some of the tech jobs with the strongest growth rates (both 33 percent growth) (22 percent growth).
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What career is in high demand?
Those in the medical field are unquestionably at the top. People will always require medical care, and even though part of that care is being delivered with new technologies, the need for nurses, doctors, and other medical professionals will never go away.
What jobs will exist in 2050?
Not simply physicians and nurses will have successful professions. By 2050, physical therapists were predicted to have the fastest growth rates of all occupations. Another promising industry is for therapist assistants and aides. The majority of assistant roles are fillable with a four-year degree and on-the-job training.