We continually hear about the growth of technology. We all know 5G speeds and internet availability worldwide are changing how we do business and live our lives, but do we fully understand it? Does technology growth simply mean it is getting bigger? Instead of looking at the “growth” of technology, we should see it as the “evolution” of technology. It is a growing, maturing, and changing industry. As technology evolves, it has different requirements. Those requirements include the need for more highly-skilled people to continue its momentum.
Current employment opportunities
E-commerce is very common to us now. We shop from colossal chain stores, Amazon and eBay. We shop locally with our computers. We use our electronics to socialize, stay current with world news, and watch various forms of entertainment. There are highly-trained people behind the scenes. Every action we take is monitored and leads in some aspect to human ingenuity. The computer provides the speed. It gets you from point A to point B lightning fast. But a person ensures the machine is programmed, optimized, and secure to succeed. Each of those steps requires the work of multiple people with cutting-edge knowledge. Right now, the number of people needed far outweighs the number of people employed.
For example, let’s look at an e-commerce business that is 100% digital, Lottoland. Lottoland is a transnational company that provides lottery games and sporting events in more than 30 countries. At Lottoland seeking and developing skilled technological associates is a continual process.
The field is highly competitive. Games are developed and introduced quickly. Graphics and artwork are ever-changing. Customer development is a top priority, and methods of funding a client’s account can never be underestimated or neglected.
- Regional Field Sales Manager.
- BI – reporting Analyst.
- Learning And Development Specialist.
- Head of Digital Operations.
- Technical Delivery Manager.
- Quality Assurance Analyst.
- Project Manager.
- Graphic designers
- Marketing Managers
- Content developers
This is just one example. The massive field of lotteries, esports, eGames, casino games, and other aspects of this single industry is staggering. Now, let’s look at the growth of technology to get an idea of its massive impact on the entire technology industry.
Due to the continued legalization of the European market and product innovations, investors have an enormous opportunity to invest successfully in this industry. Many are already pouring money into the field and reaping extraordinary returns. Other areas of the world are experiencing the same.
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The nature of technology growth
- According to Techjury.net, there are 1.35 million tech set-ups around the world, and that number is growing.
- Smart devices that can collect, analyze and share data are expected to grow to 50 billion by 2030.
- Approximately 127 new devices are connected to the internet each second. That is 10,972,800 new devices connected to the internet in a single day!
- The adoption rate (the percentage of a country’s population accessing the internet) is roughly 75% today and is expected to rise to 90$ by 2030.
- The ability of computers to compute and process data reaches double figures every 18 months.
This sounds like a lot, but it is barely beginning. Let’s look further.
At last count, there were 3.96 billion users on social media. By 2040, it is expected that 95% of purchases people make will be made online. The market for global machine learning is expected to reach $20.83 billion in 2024.
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According to Statista, the artificial intelligence market was worth 10.1 billion in 2018. But by 2021, it had grown to 34.87 billion. Large firms like Facebook, Amazon, Microsoft, Google, and Apple invest heavily in the market. This is a minimal list of career opportunities available. Also, a company may hold licenses in many countries with various customs and languages. Areas with significant career opportunities due to these changes include;
- Content and technology strategy
- UX/UI Planning
- Web design
- Web developer who can work on multiple levels
- Game developers
- Software developers
- Attorneys in digital markets
- Programmers
- Customer service professionals
Conclusion
With the growth of the internet and billions of customers, the options in the technology industry are astounding. As the industry develops, careers we never considered before will emerge. There is an extraordinary amount of enough work for skilled people. Companies are open to paying money for good people. As a career move, you can expect unlimited opportunity if the industry sees the growth predicted in the next ten years. As we progress, there is no end to the possibilities presented. Now is the time to reevaluate where you want to grow your future. It is an open market for savvy people. It is never too soon to invest in technology. It is an easy decision for those who are planning a career.