5 Technologies that you should learn by 2021!
Cyber Security: With almost everything going digital, the increase in threats to the companies will substantially increase too. The worldwide information security market is forecast to reach a staggering $170.4 billion in 2022.
Naturally, when the damage related to cybercrime is projected to hit $6 trillion annually by next year, companies are going to churn out more money to keep their data safe! The imbalance of the number of skilled cybersecurity workers along with the high demand to fill cybersecurity positions has caused a cybersecurity skills shortage.
Cross-Platform Applications: Cross-Platform Mobile App Development or hybrid mobile application development is what companies, especially startups are eyeing for as it helps them get started quickly. Of course, Native mobile app development has its own advantages in performance and security but according to sources, by end of 2021, 75% of all mobile apps will be hybrid. The emergence of frameworks like Flutter and React Native has made cross-platform applications a hot cake in the market!
Blockchain: Blockchain technology, a form of Distributed Ledger Technology, has been gaining enormous attention in areas beyond its cryptocurrency roots since 2014. Blockchain along with other streams or domains have grown substantially ever since its inception, Some of the prominent combinations are Blockchain and IoT , Blockchain and cybersecurity, Blockchain and Finance, Blockchain and Logistic -you name it, blockchain is here to stay and its high time we start learning more about it!
Big Data Analytics: Big Data Analytics is about harnessing the power of data for new insights. The global market for Big Data is expected to reach US$ 105.08 billion by 2027! According to the ‘Peer Research — Big Data Analytics’ survey, it was concluded that Big Data Analytics is one of the top priorities of the organizations participating in the survey as they believe that it improves the performances of their organizations. With the increase in the efficiency of new technologies, the adaption rate of Big Data Analytics has been substantially increasing every year. Creating sense out of data is the first step towards building a proper ML/AI Model.
Extended Reality (XR): Extended Reality is the umbrella term that contains Virtual Reality, Augmented Reality, and Mixed Reality. This is one field that gets clouded by other technologies like 3D Printing or AI but guesses what? The expected market size for XR is expected to reach around 500$ Billion by 2025, registering a jaw-dropping 175.7 percent CAGR from 2018 to 2025. XR has the potential to revolutionize some prime sectors such as the Healthcare industry, Automobile Industry, Educational sectors, and E-Commerce.
