Choosing the right career in any person’s career is vital, there are many career choices in the modern era of technological boom and everyone wants a piece of this pie. This is where things get a little tacky for most of the job-seekers. With a forecasted 12% rise in tech employment by 2024, career fields related to technology is on an all-time high. Other industries could grow by 6.5% by the same time and this shows the rise of tech employment.
According to Deloitte, 43% of Millennials are planning to leave their jobs because of lower payrolls and financial incentives, while 35% don’t see any growth in the same field and 28% don’t feel that they have the opportunity to learn and develop in their current position. This kind of data suggests the real deal behind choosing a career path. If you are not driven for a particular field than you need to think twice before choosing a career.
The real deal behind these fields is to be realized before a dive into the ocean of opportunity. There are several such professions to earn money and not all of them are a fit for your true hunger for growth. So, let us explore some career fields to choose from for your next career change or new career entry.
1) Wearable Tech
Over the years the technology boom has given way to many new tech-based career fields for new entrants and job-seekers to look upon. One such field is the world of “Wearable Tech”. The market size of this technology is constantly soaring and as the Statista, data shows that fitness tracker device shipments worldwide are forecast to amount to around 70.02 million units by 2018 and up to 105 million by 2020.
From the designing point of view, an ergonomic standpoint is essential to wearable tech. Making them attractive in a fashion sense is equally hard. People choose their jewelry, clothes, and wearables based on features and fashion value. Wearable tech designers need to constantly update the products with the greatest potential for mobile computing. And they need to monitor the innovations in cutting-edge textile trends, too.
Wearables do have limited screen space and designers need to focus on displaying only the most critical information. A user should be able to see the content made for a smartwatch in less than 5 seconds. Not like mobile applications and desktops, the conversations should be minimal and mostly 10 seconds and not more. A major challenge, you need to overcome, regarding the designing aspect of wearables is that its interface should be designed in such a way that users can perform a desired activity more quickly and easily.
2) Cyber Security
It is considered as one of the most important IT fields to tap into for a career. Cybersecurity careers are complex and many roles can be found with different organizations. One can expect to safeguard an organization’s files and network, install firewalls, create security plans and monitor activity. If there is a cyber-attack, you will be responsible for identifying the problem and finding a solution quickly.
There are several different career choices for cybersecurity fields like security analyst, security administrator, incident responder, security manager, security director, etc. Statista forecasts the global cybersecurity market to grow to $248.26 billion by 2023. The data suggests the extensive market size of the cybersecurity field.
Cybersecurity Ventures predicts there will be 3.5 million cybersecurity job openings around the world, by 2021. So, there has been comprehensive backing and investment in the cybersecurity field. There is also a new form of cybersecurity jobs that has been emerging among the software and tech companies and that is of third party cybersecurity solutions provider. The average salary of Cybersecurity professionals is around $116,000.
3) Data Scientist
The analytics industry is growing in numbers across all market sectors, and its principles are being applied to every single component of technical aspects of business, from sales and marketing to human resources.
More and more organizations are also looking to develop a mobile-first policy by hiring developers to design applications based on data analytics and other such technologies.
Estimates indicate that the industry was valued at $189.1 billion in 2019 and will only continue to grow. The vast majority of large enterprise leaders believe that adaptation to a data-oriented marketplace is the necessity of the hour, and not doing so will lose their competitive advantage.
An estimate states that by 2020, there will be 2.2 million data and analytics related jobs posted in the United States. According to it, the organizations will struggle to find talent that has experience in addition to analytics skills for data analytics. There are a variety of analytical jobs like financial analysts, system analysts, business analysts, cybersecurity analysts, etc. and all of them are lucrative enough to attract many new entrants.
The major problem is harnessing the right skillset. There is a huge shortfall for such talents and organizations are looking for many such skilled data analysts. Because they are vital components of any data analytics strategy of a company. Data scientists with education background of computer science, statistics, and quantitative social science are in demand. data scientists typically are expected to have some fluency in programming languages lie Python. They also are expected to have experience in tools like Hive, BigQuery, AWS, Spark and Hadoop, as well as training in statistical modeling, machine learning, and programming.
4) Market Research
This is more of a team job and not your lone ranger stuff and that is why it becomes all together with easy and then hard also, as you need to be a team player for most of the projects. There are various positions like research director, research executive, research analyst, etc. All of these positions are great and work in tandem with each other to achieve organizational goals.
Organizational structures are different from company to company and yet client-side research departments are either like an internal research team acting and carrying out the research solely on behalf of their brand or field departments.
According to a report by the United States Department of Labor, on average, a market analyst is paid, $63,120 per year and $30.35 per hour. The official data, itself proves that market research jobs are lucrative and forthcoming.
5) Healthcare sector
The health-care industry is undergoing a transitional phase as medical information is moving out of our hospitals and into our homes, pockets and even into our fashion, with various intelligent IoT based technologies. Health trackers are expected to be a part of most of the employee wellness plans by next year, and AI is getting increasingly effective at diagnosing medical issues and supporting treatment plans.
Think of all the Millenials that will turn to old age and will need healthcare to be more advanced and technologically innovative. Technology will help caregivers meet the needs of aging millennials through increased connectivity. Though the need for human touch will be necessary for people dealing with mobility and cognitive-decline issues.
The jobs of personal care and healthcare aide with higher mobility and non-clinical background is set to soar for many years. Higher-skilled jobs will see an astounding rise in demand and this will be quite contrary to the less skilled workforce. The global healthcare sector will have a shortage of qualified physicians, and there will be similarly high needs for nurse practitioners, physical therapists and other medical experts who are trained to support our aging Millennials.
Healthcare jobs like home health aides, occupational therapy assistants, and medical transcriptionists had an average of annual wage up to $28,710 in May 2017. Many such jobs only require you to have completed a certificate course. Many people run these courses as part-time and or evening classes making them very accessible. Free training is also available along with internships for job seekers and eligible candidates.
Your career is the most important decision in life, it is like choosing your better half! However, choosing the right better half is almost half the effort than choosing the right career. But, after choosing a career, one needs to constantly update, oneself to cope up with emerging trends and technologies that are redefining, markets and creating more opportunities, each day to learn more with the zest of earning more for financial stability.
Upskilling options may seem overwhelming to you and, you might want to consider taking a step back before you dive in and burnout. especially among the Millennial generation, it can be very hard to take a break and focus on self-care and reflection. Work addiction, these days has become a real problem in workplaces and many Millennials feel obligated to focus all their time and energy on their careers.
There is no doubt about the fact that your career is important and you don’t want to mess around it. but, sometimes you need to spare a thought on where you are headed and how long until you reach your destination. So next time you are looking to start a career, upskill yourself or change your career path due to various reasons, try to grab onto the real deal behind these career options and their paths to lead on.