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Top 12 in-demand Tech Skills for 2020

27 Jul, 2020
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The market is transforming at a breakneck pace. Within rapid technological adoption across organizations, several conventional job roles are becoming redundant and are being displaced by newer profiles with evolved skills requirements.

The solution for professionals in this environment is the continuous acquisition of industry-relevant skills. With a firm finger on the pulse of the fast-changing business ecosystem, here are the 12 most in-demand tech skills that companies will look for in 2020.

App Development – Mobile – iOS/Android

In an epoch when the world is heading towards digitalization, mobile apps are gaining incredible traction in all spheres of life and are becoming an indispensable part of the digital ecosystem. Smartphones have become essential items.

These days smartphones, numerous technologies have become unavoidably in our lives. And you can’t ignore that app development has given increased revenue and mobile app development trends started rising and materializing. Both app developers and users are responsible for this evolution.

However, we cannot ignore the fact that these trends have simplified our lives in most of the ways. Hence mobile app development trends will dominate the year 2020. Given the growth in mobile apps, it should come as no surprise that opportunities to work as a mobile developer will only increase in the coming years.

Burning Glass, which compiles and analyses many job postings from across the earth, estimates that mobile app developer jobs will grow 30.7 percent over the next decade.

Cloud – AWS/Azure/GCP

Now, it is no longer the question of whether organizations have to opt for cloud computing or not, the question now is which cloud platform to opt. it has grown into a vast and complex ecosystem of technologies, products, and services that is boosting the economy into a multi-billion-dollar economy. numerous cloud providers compete for an ever-expanding cloud market share.

A Gartner report predicts that by the end of 2020, the market for public cloud is all set to reach $411 billion in 2020 from $260 billion in 2017.

The cloud computing market is currently flooded with numerous cloud service providers, but AWS, Azure, and Google Cloud Platform (GCP) proudly retain the top three slots.

Machine Learning

Machine learning is attracting more popularity in modern tech. It is a crucial tech skill as it can be applied to diverse industries, including finance, education, health care, agriculture, etc. Businesses across the world are looking at it as the most profitable and innovative skills to adopt. IT firms have already started counting on and adapting solutions supported ML models.

The companies using AI and machine learning are going to be on the top-notch tech firms within the 2020s. Those IT experts who started educating in AI and ML themselves are bound to earn top salaries in 2020. According to McKinsey, 49% of companies are currently exploring or getting to use machine learning. From 2020 to 2024 The global machine learning market is projected to grow from $7.3B to $30.6B, attaining a CAGR of 43%.

UI/UX

It’s no secret that design-led companies outperform their competitors, and we’re increasingly hearing how designers are making their way into corporate boardrooms. With more companies competing to get consumers’ attention today, there is a growing demand for good UI/UX designers.

LinkedIn listed it as one of the 10 most in-demand skills for 2020. In India alone each month, it is estimated that 1,500 to 2,000 UI/UX design jobs for junior designers are added. However, despite encouraging factors like the growing prevalence of a gig economy, the high demand for UI/UX designers, and how lucrative the jobs are when it comes to qualified professionals who can fill these positions. There still exists a significant skill gap.

This skill gap is something that has impacted India’s economy as a whole. A recent skill gap analysis by the Government of India concluded that by 2022, approximately 109 million more skilled workers would be needed. Demand for pixel perfect, usable, and pleasant UX demand is high, especially with accelerating digital transformation underway globally.

Low Code – Mendix, OutSystems

While the Covid-19 has impacted the marketplace for low-code development platforms, overall growth outlook looks promising. Despite the economic recession and negative impact on technology investments, the Low-Code App Development platforms market in 2020 is expected to post double-digit growth in the coming years.

The Universal low-code development platform market is expected to grow from USD 13.2 billion in 2020 to USD 45.5 billion by 2025, at a CAGR of 28.1% during the forecast period. The growing need for digitalization and maturity of agile DevOps practices are expected to strengthen the use of low-code development platform market across the planet.

Adopting low-code development platform solutions for Many Industries like Information Technology (IT), healthcare, manufacturing, government and defence, retail and eCommerce, Banking, Financial Services and Insurance (BFSI) are expected at the simplest rate. Mendix and OutSystems are the best Low-code Development platforms of 2020.

Cyber Security

Security experts are much required in every company and industry, no matter the organization’s size and nature. With organizations fighting a never-ending battle against cyber attackers, the necessity for defenders is generously increasing. As for the longer term, cybercrimes will annually damage $6 trillion of worldwide property by 2021.

While cybersecurity jobs are in high demand, impacting 74% of organizations by remaining unaffected for the third year in a row, in such a scenario, the demand for cybersecurity professionals is going to be high as it is for several years to come.

Cybersecurity professionals are among the foremost sought-after talent this year as companies across sectors seek to strengthen their data security. There are currently over 67,000 job openings in cybersecurity within the country, additionally, to the present, the growing beeline of digital back offices and GICs being found out by large MNCs is also adding to the need for data security and hence the demand for talent in 2020.

DevSecOps

DevSecOps concept will become more important in the field of software development in 2020. The demand for cloud-based architecture to supply mission-critical information technology services to businesses requires a replacement and a more robust methodology. 

Growing demand for DevSecOps which provides highly secure application delivery processes by small and medium scale enterprises across the globe is a key factor expected to drive the growth of the market owing to its ability to provide high speed and agility in the development of delivery cycle of a software.

The Asia Pacific DevSecOps market is primarily attributed to increasing advancements and adoption of emerging technologies such as cloud computing, the Internet of Things (IoT), and many others across various industry verticals in 2020.

Data Visualization

People love stories, and the concept of data visualization for storytelling is rapidly gaining popularity. In 2020, The data visualization market is moderately competitive. The players within the market are innovating in providing strategic solutions to extend their market presence and customer base. This is allowing them to secure new contracts and Knock new markets.

The global data visualization market is expected to register a CAGR of over 9% during the forecast period (2020 – 2025). The emerging nature of knowledge visualization is encouraging a shift toward analytically driven businesses, where users can explore data in various sorts of graphical representations, which were initially only available in tabular reports. Need for Data Visualization engineer is additionally increasing as data is increasing day by day.

Data Engineering

The demand for Data Engineers will still fuel a shortage of knowledge engineering talent in 2020. Data Engineers make it possible for businesses to interact altogether with the flamboyant, advanced analytics, and insight generation that data science produces.

Companies realize as they try to quickly implement data science and AI initiatives, and most urgently, try to enable self-service data science and analytics across their entire organization, that they need more Data Engineers to make this all possible. 

The global big data and data engineering services market is facing high demand. Growth estimates from 2017-2025 range from 18% to a whopping 31% p.a. Companies are investing in data transformational projects with no end in sight. This indicates a tremendous future need for Data Engineer skills.

Internet of things – IoT

The evolution of the IoT has already been around for a short time. After the introduction of the latest metrics for a post-ISA era, Internet-of-Things technologies are successfully re-engineering businesses and modifying optimal ways of running them. These technologies affect nearly all the prevailing industries: healthcare, insurance, smart buildings, manufacturing, transportation & logistics, retailing, and more. 

The most significant IoT trend for 2020 is that IoT networks of connected devices that folks are interacting with are getting to extend, and therefore the amount of knowledge that one can experience from these networks will increase, too. We have deliberately adopted a new lifestyle of being connected all the time.

This is impossible to ignore, and the IoT industry is meeting us halfway. IoT trends 2020 promises to place a spotlight on in both consumer and industrial fields prove that the longer term has already begun, and therefore the technology will keep changing our lives.

Blockchain

The Blockchain Era is has arrived, and it’s now. Enterprises across various sectors of the industry are warming up to the concept of the decentralized ledger. There’s a global wave of Blockchain adoption among companies and businesses to deal with fundamental business problems.

The adoption of Blockchain technology is occurring at such a rapid scale that Gartner predicts the business value of Blockchain tech will exceed $3 trillion by 2030. Blockchain is one of the fastest-growing skill sets now a days with jobs during this domain growing at a mind-blowing rate of two,000-6,000%, and therefore the salaries of Blockchain Developers being 50-100% higher than conventional developer jobs.

The most promising blockchain trends in 2020 are BaaS, short for Blockchain As A Service. It is a new blockchain trend that is currently integrated with several start-ups as well as enterprises.

Gamification

In 2020, we will expect Gamification to step into a replacement level of approachability, functionality, and lifestyle integration because it would appear Gamification has grown up. Gamification in 2020 will make a bigger impact within industries, which have customary processes like education, healthcare, pharmaceuticals, financial services, and so on.

In such industries, Gamification of learning was implemented mainly in areas of compliance and important operations, but with sustained results, Gamification will find application in other areas of learning as well as sales training, onboarding as well as soft skills. The benefits of Gamification to consumer and employee engagement are so apparent, and there’s no doubt about that.

In recent times, we’ve seen companies prioritize the implementation of Gamification to incorporate learning. It has been a permanent fixture in marketing, corporate learning, and training.

However, Gamification is slowly creeping into fields where people were skeptical about its adoption. For example, civic and political organizations were hesitant to embrace Gamification. But it’s predicted that as Gamification finds new meaning, its use in these fields will become more prevalent.

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