Top 10 Technologies To Learn In 2023
Top 10 Technologies To Learn In 2023
Top 10 Technologies To Learn In 2023. We need to learn from the start of 2023 because this will help us if we are going to start a new business or maybe if we are already running a business or an organization in the tech competition.
So this article will give us an idea of how these technologies are doing crazy and how much-expected growth is going to happen around 2023 to the Upcoming Few Years.
So the Trending Technologies In 2023 are listed Below:
1st is Robotics and automation
The technology trending number one is of course Robots. Because this technology gaining a lot of momentum over the time in coming few years.
Because of these robots’ manual work will change in automation will save a lot of time for companies and organizations.
There are some major smart factories are working hard on these robotic projects Like Boston Dynamics And Universal Robotics.
These types of companies need skills in
- Python
- Matlab (Problem Solving Mathematics)
- Machine Learning (Growing FASTLY)
The Global Robotic market is about to reach 70.84 million US Dollars by the end of 2023 and with a CAGR of 10.5%.
2nd is AI (Artificial Intelligence)
AI (Artificial Intelligence) is the most trending and growing technology today it can help machines to understand, think and act like humans.
AI as a Service (AIAAS) is a third party that offers very low-cost and affordable AI Services to Organizations and even to individuals to conduct AI Experiments.
Top companies Like Google, Microsoft, Amazon & Apple use AI as their core Technology.
AI market value is expected to reach 42.4 Billion US Dollars with a CAGR of 29.75%.
3rd Quantum computing
This technology uses the properties of quantum physics to perform simulations and calculations that would not able to do on a traditional machine.
Quantum Computing is a game-changing tool for several industries including
- Climate Change
- Medicine
- Biology.
The Big companies in this race are Google, IBM, Microsoft, And Intel to build Quantum Computing tools.
If you want to learn Quantum Computing you need to be skilled in the:
- Programming
- Mathematics
- Mechanics
- Scientific Computing
- Algorithms
The Quantum Computing Market is estimated to reach 411.4 Million US Dollars by 2026 with a CAGR of 24.2%.
4TH cyber security and (digital trust)
Across the globe, cyber security holds paramount importance these days. There are several organizations and big companies like Facebook, YAHOO & Linkedin already faced cyber attacks.
Because of the covid-19 pandemic has increased the number of cyber attacks.
In recent reports a few of the best cybersecurity companies are
- McAfee
- IBM
- Microsoft
- Cisco
Knowledge of operating systems networking and virtualizations are must know in cyber security.
The global cyber security market is going to reach 31.82 Billion US Dollars by the end of 2023 with a CAGR of 15.2%.
5th is 5G & Wi-Fi 6
5G and Wi-Fi play a very important role when we are going to use the internet and activities on the internet. We live in a would like where a BIG amount of data need to be transmitted fast with a reliable connection and higher bandwidth.
5G networks are slated to have more than 1.7 billion Global users by 2025.
Reported as the GSM Association with the major organizations being
- Cisco
- Samsung
- Nokia
Among others, the global market for 5G is also anticipating growth with a CAGR of 67.1%.
6th Blockchain
Blockchain Is now revolutionizing every sector from
- Banking
- Healthcare
- Politics
These are a few organizations that may profit from establishing a decentralized digital Ledger that monitors and saves data in several locations.
Making forgeries difficult organizations that use blockchain are
- Barclays
- Walmart
- Pfizer
- HSBC
To name few blockchain developers to need to know
- Cryptography
- Data Structures
- Computer Networking
According to reports by 2023.
The Market of blockchain is about to reach 19.9 Billion US Dollars with a CAGR of 42.8% also because of the rise of NFT (non-fungible token) creators are earning huge amounts of money.
7th Extended Reality
On 7th Number, We have a technology that big tech companies are finding experts on a regular basis to train them for the future growth of their companies.
Extended Reality or XR covers everything like
- Augmented Reality (AR)
- Virtual Reality (VR)
- Mixed Reality (MR)
Anything in between these businesses and major organizations like entertainment marketing and design benefits massively from extended reality Frameworks according to Globe newswire.
The extended Reality Market is about to grow from 26 Billion dollars in 2020 to as high as 397 Billion dollars by 2026 with a CAGR of 57.91%.
Technology Companies like Samsung, Google, and Apple are looking for extended reality experts on a regular basis to demand for Trained Professionals in this field has grown insane.
Boasting average salaries of around $68,000 to $102,000 Annually.
8th Edge Computing
Edge Computing is more of architecture rather than technology. Edge Computing is a distributed computing pattern that brings data storage and computation closer to the data source thereby improving the response time and saving the bandwidth.
It’s considered an important factor for the success of the 5G and IOT industries as per reports.
Edge Computing is estimated to reach 101.3 Billion dollars with a CAGR of 17.8% thanks to an exponential increase in the job market big names like:
- Amazon
- HP
- IBM
Higher Edge Computing experts with an average salary estimated at $170,000 per annum.
9th is IOT
At number four we have IoT (Internet of Things) quickly becoming an integral part of our lives iot or The Internet of Things is a futuristic technology recognized for its social and technological Marvels.
IoT devices are increasing by almost 31% yearly and according to reports, there will be 30 billion IoT devices by 2022.
The number of active devices is estimated to double by the end of 2023.
IoT has aided firms in improving customer service streamlining operations and increasing profits mindtree, IBM, GE Digital, and Verizon are a few companies.
Getting more involved with iot the top in-demand IoT skills are:
- Machine Learning
- AI
- Python
- JavaScript
- Big Data
- Node.js
According to reports it is estimated that the market value will reach or even exceed 566.4 billion by the end of 2027 with a CAGR of 6.7%.
10TH is proof of work and proof of stake
At the runner-up position, we have proof of work and proof of stake decentralized cryptocurrency networks must ensure that transactions are carried out safely and securely without a centralized organization like Visa or PayPal.
To accomplish this networks use a technology known as a consensus mechanism proof of work and proof of stake are the two consensus mechanisms.
That enables all the computers in a crypto Network to concur on which transactions are valid proof of work is the older one of them used by Bitcoin Ethereum 1.0 uses mining by miners around the world.
Proof of stake is the newer consensus mechanism that powers Ethereum 2.0 Cardano tezos which employs a network of validators to validate the new transaction update the blockchain and earn a reward if to excel in this technology.
You should have Proficiency in at least one high-level programming language a solid grasp of cryptography and security principles knowledge of smart contracts and familiarity with algorithms and data structures.
According to statistics it is estimated that the market value will reach 69 Billion by the end of 2030 and the technology has taken the World by storm ranking.
Final Words
So these are the Trending Technologies In 2023 we need to learn and also we have gotten an idea about big companies’ thoughts and what they are going to do these days.
Hope you would really love this interesting article and let us know your thoughts in the comments section. If you guys have any other topic ideas in your mind let us know we will try to cover those topics too.
