How Tech Advancements Are Creating New Career Opportunities

December 16, 2024

 

As millions of Egyptian youth graduate from schools and universities every year, a top priority for most is finding a fulfilling career. “When considering … your next job, it proves beneficial to inquire, ‘Which industries are experiencing the most rapid growth?’” said Fatima Gulzar, a data analyst and reporter for Yahoo Finance.

A note from the US Chamber of Commerce (USCC) said, “In 2025 and beyond … consumer trends, technological innovations, and macro-level global events like climate change can all indicate the types of businesses that will be in demand.”

In addition to offering fulfilling career options, “booming industries stimulate growth and create new job opportunities,” according to Dice, an online jobs marketplace, in October.

Tech jobs

The core of all technological and communication advancements is 5G networks, which creates a new ecosystem of job opportunities. Progressive Policy Institute (PPI), a think tank, said impacted sectors include “agriculture, energy, construction, manufacturing, transportation, education, healthcare, government.”

The USCC said 5G-dependent services are “expected to grow by nearly 60% [between 2023 and] 2030.” Mind Commerce, a think tank, singled out “5G security and privacy,” estimating its annual average growth rate at 36.8% between 2022 and 2030.

Data aggregator Statistica expects 5G services to boom in North America, China and Europe, with an 80% adoption rate by 2030. The Middle East and North Africa should witness a 50% adoption rate.

Artificial intelligence (AI) is another promising career option proliferating across multiple industries. “Nearly two-thirds of organizations are increasing their investments in generative AI adoption,” according to Deloitte,

Grand View Research forecasted, “The global AI market is poised to grow at a [annual average] rate of 36.6% from 2024 to 2030.” Dice said sectors benefiting most from AI are likely to be “automotive, healthcare, retail, finance and manufacturing.”

Data sciences-related jobs also will grow significantly, as it is fodder for AI to operate correctly. Fortune Business Insights, a think tank, expects data sciences’ average annual growth rate to be 29% from 2022 to 2029.

Jobs in augmented reality, which uses specialized hardware and software to create 3D holograms, will also boom, according to research firm Inside Monkey, which projects a nearly 40% average annual growth rate between 2023 and 2030. Within augmented reality, virtual reality gaming will grow at an average yearly rate of almost 30% between 2022 and 2027, mainly in “developing regions like Brazil, India and Mexico,” Market Research said in November 2023.

That increasing dependence on tech is causing astronomic rises in cyber threats, requiring more specialists across all sectors throughout the corporate hierarchy. “In 2023, US companies lost $12.5 billion to cybercriminals, up from $4.2 billion in 2020,” said PNC, a U.S. bank.

Jobs in education

Integrating technology in education is another industry that will boom, creating new jobs. Career opportunities will be across all education levels, as Dice sees a “huge increase in demand for lifelong learning and skills development.”

“As technology … advances and companies invest in more digital tools, employees will likely need continuous learning and upskilling,” according to PNC. Dice said career opportunities will be open in companies from “early-stage startups to publicly traded organizations.”

PNC predicted the post-graduate and lifelong training market will “nearly double” between 2023 and 2032. The USCC said, “North America [is] surging ahead of other regions,” expecting annual average global growth rates to reach 25% between 2023 and 2030.

Platforms jobs

E-commerce is booming as more buyers find it easier to shop online. PNC expects “worldwide e-commerce sales will exceed $6 trillion in 2024, [hitting] $8 trillion by 2027.” That growth will come from digital-only businesses and bricks-and-mortar companies entering the space. The latter likely requires new departments to manage the added operations.

E-commerce logistics will invariably grow significantly as a result, creating more job opportunities. PNC estimated the market’s average annual growth rate at 18.9% between 2020 and 2027.

Video streaming is another platform-based industry poised to create lucrative careers. Gulzar of Yahoo Finance estimated the industry’s average annual growth rate at 21.5% between 2023 and 2030. She cited “enormous revenue growth as the media and entertainment sector as a whole evolves.”

Those platforms invariably require online payment services. “The size of the global fintech as a service (FaaS) market [will be] driven by the surge in demand for cloud-based payment, lending, analytics and compliance services in various sectors,” Dice said.

Giancarlo Hirsch, managing director of Glocomms, a technology recruiter, told Dice, “We expect to see cloud service providers hiring the most, with startups and mid-sized tech companies also expanding their FaaS teams.” Market Research forecasts the service’s average annual growth rate between 2022 and 2028 at 16.9%.

Careers in health

One of the booming careers in the coming years will be integrating technology with health services. “Doctors [would use] videoconferencing to ‘see’ patients across multiple locations at once,” explained PNC.

“Patients [are] growing accustomed to the accessibility and convenience of virtual care,” PNC said. “The industries that support it will be called upon to develop more tools, mobile apps, and services.”

Another enabler for telehealth will be fast-paced advancements in “machine learning and predictive analytics, [making it] more accessible [by] lowering costs [and] improving results [accuracy] at scale,” USCC said.

Market Research forecasts telemedicine’s average annual market growth at 17.2% from 2023 to 2030. It also predicts healthcare predictive analysis, which integrates AI to help doctors remotely diagnose and treat patients, should see 24.4% average annual growth.

Vaccine development is “another large, growing market … fueled by the pandemic, the prevalence of other diseases, and research and development,” according to Market Research. That segment will help grow the entire biotechnology industry by an annual average of nearly 14% between 2023 and 2030.

Sustainability work

Working in clean energy generation, including solar, wind, and hydro-energy, is another promising career option. Grand View Research forecasted renewable energy generation will grow at an average annual rate of 17.2% between 2024 and 2030.

“The transition to low-carbon fuels and … strict environmental laws … have given the renewable energy industry a significant boost,” Market Research said. The biggest opportunity is solar, which Market Research said accounts for nearly 31% of renewable energy generation. “[It] is anticipated to develop at a substantial rate during the forecast period.”

Working in food security also should boom in the coming years, mainly integrating technology and AI into agriculture. Global View Research estimated that between 2024 and 2030, smart agriculture will grow by an annual average of 13.7%.

“The primary forces fueling the market … are expanding automation of commercial greenhouses … to produce greater yield and maintain ideal growth conditions,” said Gulzar of Yahoo Finance. She predicts North America will “lead the world’s smart agriculture industry [until] 2030.”

A better business

Traditional corporate functions also offer fulfilling careers for those with the correct skill sets. “In 2025 … businesses that excel in delivering friction-free, hyper-personalized and memorable experiences will find they are well-positioned to rise above the competition.” Bernard Marr, author of “Generative AI in Practice,” wrote in Forbes in September.

New technologies also will change marketing significantly, creating new career opportunities. “The demand for digital marketing software and other technologies is expected to rise as companies look to drive efficiencies and utilize data and real-time AI to shape the customer journey,” Darrell Rosenstein, managing partner at Rosenstein Group, a marketing firm, told Dice in October.

Grand View Research expects “the global market for digital marketing software” will grow an average of 19.4% annually between 2023 and 2030.

Looking ahead, Marr stressed new career options will only increase and become more diverse as “trends shaping the future are both exciting and transformative.”