10 New Fields and Specializations in Technology
Key Takeaways
- There are many career paths for IT professionals which offer promising job growth and high salary opportunities.
- The rapid evolution of technology requires IT professionals to commit to continuous learning and adaptation to stay relevant in the industry.
- A considerable amount of new technology aims at mimicking or surpassing human capabilities, ushering in an era where machines can understand, learn, and make decisions autonomously.
There’s no doubt that our reliance on technology is growing, especially within large companies. As one of the fastest-growing industries worldwide, the rapid evolution and continual inventions of technology have left every IT professional no choice but to commit themselves to continuous learning and adaptation. IT professionals today must constantly learn, unlearn, and relearn to adapt to the contactless world.
Back to TopTechnology Concepts and Trends Shaping the Future
Technology is advancing exponentially, which means that new technologies quickly become outdated. If you’re a business leader, you must be prepared to change the technology you’re using now and then secure your data and keep up with trends, ultimately avoiding being behind and leaving your business irrelevant.
Generally, older technologies tend to be slower and less efficient than their modern counterparts, while new technologies are designed to be faster and more efficient. Consider the advances in processing power, data storage, and communication technologies contributing to this improvement.
Older technologies may have been more affordable, but maintenance costs and limitations in efficiency can make them more expensive in the long run. While new technologies may have higher upfront costs, they often provide better cost-effectiveness over time due to improved efficiency and reduced maintenance requirements.
Several new technologies are surfacing today and creating a buzz as they emerge. For instance, 5G smartphones are a mobile network technology that is more sophisticated and performs better in function, speed, latency, frequency waves, and connectivity capacity than 4G phones. However, due to the additional capabilities built into their designs, they also typically have a higher price tag. That being said, given its features, one of these 5G devices might be well worth the extra money.
Another significant new technology that is more accessible to people in the United States is smart devices. Statista states that smart homes are expected to increase by 27.2% by 2028. The US has witnessed a surge in the use of smart home appliances, ranging from refrigerators to lights to doorbells. The growing popularity of these among consumers and the ability to shop through devices like smart speakers make them highly valuable to many modern e-commerce companies.
Other new technologies today include AI and machine learning, IoT, data science, VR and AR, cybersecurity, blockchain, robotics, DevOps, and cloud technology. Each technological advancement plays a unique role in shaping the near future of various industries and has the potential to revolutionize how we approach daily tasks and challenges.
Those planning to participate in the competitive and fast-paced tech market can expect excellent job growth and high salary opportunities. The US Bureau of Labor Statistics reveals that computer science and information technology fields have an average median annual salary of $90,000, significantly higher than the national average for all occupations.
Bottom Line: Many technological advancements are shaping our industries and how we accomplish daily tasks and challenges. These advancements also make this field an excellent career option in terms of salary, growth, and relevance.
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10 New Fields and Specializations in Technology
#1. Artificial Intelligence (AI) and Machine Learning
AI and machine learning are two of computer science’s most commonly interchanged terms. Despite their differences, these two new emerging technologies have virtually the same demand.
Artificial intelligence, “a human-made thinking power,” creates computer systems that can mimic human intelligence. AI systems use algorithms capable of operating on their own intelligence, negating the need for preprogramming. Some of the most popular AIs commonly utilized today are Siri and Google AI, which are also integral components of the new trend for smart technology and devices.
There are three types of AI are Weak AI, General AI, and Strong AI. We are now using both general and weak artificial intelligence. Strong AI is the future of AI, and it is predicted to be more intelligent than humans.
On the other hand, machine learning converts data and experience into mathematical models, enabling the design of complex or time-consuming applications. For instance, a machine learning system can recognize tumor patterns in MRI images, outperforming experts. It’s increasingly used in computer applications, making identifying AI applications that rely on human-written rules and facts harder. Some AI applications, like chatbots, still operate using pre-written answers.
What Degrees Would Help You Work With Artificial Intelligence (AI) and Machine Learning?
- Bachelor’s Degree in Artificial Intelligence, Computer Science, Data Science, Electrical Engineering, or Robotics
- Master’s Degree in Artificial Intelligence, Computer Science, or Data Science
- A PhD in Artificial Intelligence, Computer Science, or Data Science
#2. Internet Of Things
Although the Internet Of Things (IoT) is not exactly a 21st-century invention, its advancements in recent years have brought about transformative changes, making it a notable aspect of modern technology. IoT refers to a growing number of non-traditional electronics connected to the internet for data and instructions, including smart appliances, digital assistants, and sensors, transforming various industries, including healthcare, transportation, and agriculture.
IoT is one of the biggest markets today. In 2020, over 50 billion IoT devices generated 4.4 zettabytes of data, with estimates of the market value ranging from $1.6 trillion to $14.4 trillion by 2025. Furthermore, IoT Analytics Research predicts 27 billion active IoT connections by 2025, excluding computers, laptops, phones, cell phones, and tablets.
The growing number of IoT devices will prompt companies to enhance security features and explore faster connectivity options like 5G and Wi-Fi. Collaboration between information technology and operational technology is expected. IoT will become omnipresent, with wireless networks resembling giant sensors.
What Degrees Would Help You Work With Internet Of Things?
- Bachelor’s Degree in Computer Science, Electrical Engineering, Information Technology, or Mechanical Engineering
- Master’s Degree in Computer Science, Electrical Engineering, or Software Engineering
- A PhD in Electrical Engineering or Information Technology
#3. Data Science and Big Data
Data science has been in the tech market for a long time now. But it’s still a hot topic of conversation in the tech industry today as new technologies that advance data science and big data fields emerge. In fact, Analytics Insight predicts 3,037,809 new job openings in data science globally.
Data science is revolutionizing decision-making, research methodology, and commercial operations. Although data science may seem like a modern jargon, its origins are deeply ingrained in history. Even in its most basic form, data analysis was a crucial activity in the early days of computing.
Data volume and variety has increased exponentially in the digital age, necessitating effective technologies such as Hadoop and Spark. Because this data comes from multiple sources, advanced analysis methods are needed. Data scientists are in high demand because they combine computer science, statistics, and domain experience to make well-informed decisions.
Data science is becoming a vital tool for companies, governments, and organizations in almost every industry. Long gone are the days when a data scientist was confined to research labs. There’s a lot more in store for the future of data science, especially with the rising trends in other fields, such as AI, cloud technology, cybersecurity, and automated data science.
What Degrees Would Help You Work With Data Science and Big Data?
- Bachelor’s Degree in Data Science, Computer Science, Mathematics or Information Technology
- Master’s Degree in Data Science or Computer Science
- A PhD in Data Science or Computer Science
#4. Extended Reality
Before, tech-savviness was all about knowing how to use your devices. Today, this skill goes beyond basic device usage and includes a deeper understanding of the technologies that power our interconnected world.
Extended reality (XR) was once confined to entertainment purposes. The extended reality created a buzz as the Pokémon Go AR mode became viral. This game allowed players to see and interact with virtual Pokémon in reality through their smartphone cameras. This viral sensation highlighted the potential of XR beyond gaming and entertainment, propelling it into the realms of education, healthcare, and business.
In tandem with the Metaverse, XR is creating a new reality for everyone in this interconnected modern world. Businesses and organizations are creating online stores and training programs using XR and Metaverse technology. Brands and entertainment companies will set up virtual stores in the Metaverse in the upcoming years.
In healthcare, XRs are used to create simulated surgical procedures. XR has great potential in creating accessible healthcare and medical services. Meanwhile, XR in education provides immersive, engaging, and accessible learning experiences.
In 2020, the projected market value of extended reality was valued at $25.84 billion. From 2021 to 2026, this number will rise at a 57.91% compound annual growth rate (CAGR). By 2026, the market valuation is projected to reach USD 397.81 billion.
What Degrees Would Help You Work With Extended Reality?
- Bachelor’s Degree in Computer Science, Game Design, Graphic Design, or Animation
- Master’s Degree in Computer Science, Game Design, or Interactive Media
- A PhD in Computer Science, Computational Media, or Critical Game Design
#5. Cybersecurity
Organizations and people today maintain a plethora of sensitive data online, including financial records, intellectual property, and personal information. These pieces of information are crucial in keeping entities and individuals safe from cyber crimes and threats. Therefore, the projected 32% growth of information security analysts over the next decade will make it among the most in-demand tech jobs today.
Cybersecurity involves protecting computer systems, networks, and devices from cyber attacks, which are increasingly sophisticated and exploit traditional security controls, using social engineering and AI. More and more companies and American states are implementing intelligent cloud security solutions and robust password policies like multi-factor authentication to safeguard customer data and promote technological advancements.
You can visit the UpGuard website and see the damage caused by cyber-attacks. This website provides real-time insights, reports, and analyses on cybersecurity threats. These examples show why a cybersecurity analyst will be in demand for a very long time.
What Degrees Would Help You Work With Cybersecurity?
- Bachelor’s Degree in Cybersecurity, Computer Science, or Information Technology
- Master’s Degree in Cybersecurity, Computer Science, or Information Technology
- A PhD in Cybersecurity
#6. Blockchain Technology
Since access to cryptocurrencies and NFT has become more widespread, there has been a notable surge in the adoption of blockchain technology. This paradigm shift has revolutionized financial transactions and prompted computer network architects and the software engineering field to explore innovative ways to integrate blockchain into various information systems.
For those who don’t know, blockchain is essentially an accounting technology. Because blockchain technology lowers costs, gives assurance about asset ownership and history, and frees up accountants’ time for planning and appraisal, it can potentially advance the accounting profession.
On the other hand, it will result in increased transactional accounting, with proficient accountants evaluating the financial meaning of blockchain data. Additionally, blockchain can broaden the accounting field by addressing concepts like data value that are hard or unreliable to assess.
What Degrees Would Help You Work With Blockchain Technology?
- Bachelor’s Degree in Fintech, Computer Science, Information Technology, or Software Engineering
- Master’s Degree in Fintech, Computer Science, or Information Technology
- A PhD in Fintech, Computer Science, or Software Engineering
#7. Robotic Process Automation
More business executives are using robotic process automation (RPA) to automate business processes and eliminate repetitive tasks. For instance, RPAs can speed up routine, repetitive operations like copying and pasting data between company systems by up to 50%. Because automated processes remove human error opportunities—like transposing numerals during data entry—accuracy can also be improved. This technology allows businesses to concentrate on higher-value work and is expected to boost market trends by up to $16 billion by 2025.
As with other technologies, RPAs are challenging to implement due to the complexity of legacy business processes and the need for change management. To succeed, information systems managers should set and manage expectations, consider the business impact, involve IT professionals—such as computer systems analysts and cloud engineers—early and often, and plan for poor design and change management. Implementing RPA requires an intelligent automation ethos and network protocols that must be integrated into the long-term journey for enterprises.
What Degrees Would Help You Work With Robotic Process Automation?
- Bachelor’s Degree in Robotics, Computer Science, Information Technology, or Artificial Intelligence
- Master’s Degree in Robotics, Computer Science, and Software Engineering
- A PhD in Computer Science or Software Engineering
#8. Development Operations
Development Operations (DevOps) is an advanced software development paradigm that bridges the gap between software development and IT operations. It seeks to enhance software development efficiency, speed, and security by integrating development and operations, providing a competitive advantage for businesses and customers. However, future issues like artificial intelligence, clouds, and cyber security will require even more consideration in software development and IT operations.
Some people mistake a DevOps engineer for a software development engineer. While skill sets may overlap, it’s crucial to understand the unique duties and obligations that each position requires. For instance, a software developer writes codes, constructs applications, and provides the features and functionalities that consumers interact with. On the other hand, a DevOps engineer works at the nexus of operations and development, prioritizing teamwork and optimizing the software development lifecycle.
What Degrees Would Help You Work With Development Operations?
- Bachelor’s Degree in Systems Engineering, Networking Engineering, or Computer Science
- Master’s Degree in Systems Engineering, Networking Engineering, or Computer Science
- A PhD in Systems Engineering
#9. Cloud Technology
With over 6.49 billion people worldwide having smartphones at hand, the demand for seamless data access, storage, and processing has skyrocketed, making cloud technology an indispensable part of this connected era. Today’s most popular cloud computing technologies are Microsoft Azure, Amazon Web Services, and Google Cloud.
Businesses now consider cloud technology an essential tool that adapts to changing needs quickly and makes room for worldwide deployment. In addition, cloud computing’s scalability has completely changed how organizations run. Enterprises may readily adjust their resource levels in response to demand, doing away with the necessity for substantial upfront infrastructure investments and research. Ensuring that resources are deployed exactly where and when needed optimizes costs while improving efficiency.
The cloud is expected to become even more important in defining technology and how companies use it to grow and succeed as it continues to develop.
What Degrees Would Help You Work With Cloud Technology?
- Bachelor’s Degree in Computer Science, Information Technology, Software Technology, or Network Engineering
- Master’s Degree in Computer Science, Information Technology, or Network Engineering
- A PhD in Computer Science or Network Engineering
#10. New Energy Technology
New energy technology aims to address one of the most critical global challenges—climate change. This technology specialization will be one of the top talks of the field as the world struggles to overcome the damages brought by technological advancement in several fields, including manufacturing.
This technology specialization covers a broad spectrum of advancements in many energy sources and uses. Solar power and wind power, renewable energy sources, are included, as are developments in energy storage technologies, smart grid deployment, nuclear fusion research, hydrogen technology advancements, Internet of Things (IoT) integration in energy systems, and more.
This technology field offers plenty of job opportunities for other IT professionals. For instance, a computer systems analyst specializing in energy systems plays a crucial role in ensuring the efficient integration of new technologies. Moreover, web developers are essential in creating user-friendly interfaces and web development projects for energy management systems, while a database administrator manages the vast amounts of data generated by smart grids and IoT devices. Programming languages become the building blocks for developing cutting-edge software applications that optimize energy efficiency. Entry-level jobs in this field offer a pathway for emerging talent to contribute to transforming the energy sector.
What Degrees Would Help You Work With New Energy Technology?
- Bachelor’s Degree in Electrical Engineering, Mechanical Engineering, Environmental Science, Chemical Engineering, or Renewable Energy Engineering
- Master’s Degree in Electrical Engineering, Chemical Engineering, or Renewable Energy Engineering
- A PhD in Renewable Energy Engineering or Electrical Engineering
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Student Submitted Questions on the New Fields and Specializations in Technology
Brandon asks, “What technology is the most in demand and growing the fastest?”
Dr. James Barham’s answer: Cybersecurity is a rapidly growing and in-demand field and is considered to be the fastest-growing- tech field. Cyber threats are now more frequent and sophisticated, which has increased the emphasis on safeguarding sensitive data and digital assets. Businesses and government agencies from all sectors invest significantly in cybersecurity defenses to protect their systems, networks, and data.
Felicia asks, “How can students prepare for and navigate the challenges that come with emerging Technology fields and specializations?”
Dr. Jed Macosko’s answer: Navigating the challenges in emerging technology fields and specializations requires a proactive and adaptive approach. For one, students who want to involve themselves in the tech industry must stay curious and commit to lifelong learning as emerging technologies evolve rapidly. Unlike other fields, the tech industry doesn’t really necessitate an advanced degree, like master’s or PhD. Many tech professionals acquire relevant skills through online courses, coding boot camps, professional certifications, and self-directed learning. These alternative educational paths allow individuals to acquire specific skills quickly and adapt to the industry’s evolving demands.
Janet asks, “How is modern technology changing the world?”
Dr. James Barham’s answer: Modern technology has fueled considerable societal change, reshaping economies, civilizations, and personal lives. Although technology brings with it never-before-seen possibilities and conveniences, it also brings difficulties that need careful thought and appropriate application. The world’s continued reliance on technology highlights the need for innovative and sustainable methods to design and use.
