The global tech market is projected to grow by 4.7% in 2019, reaching a total $3 trillion economy. Across the globe, new innovations and opportunities are cropping up in fields ranging from AI coordination to tech advances in construction, a resurgence that offers strong career prospects to new graduates entering the industry. Put simply, emerging talent in the tech sector benefit from the wide prevalence of jobs in an innovative and financially lucrative workplace.
Entering The Tech Workforce
Once you begin applying for jobs in the tech industry, you should budget for time where you may be unemployed or underemployed before securing full time employment. The first step is to get your finances in order: for graduates with a significant amount of debt, look into securing lower interest rates for student loans as a means of reducing your monthly payments. Think about how you want to bolster your application as you begin applying for job openings: often, learning to code in a new language or freelancing as a tech expert will prime your resume for HR firms.
New Professional Directions
As an industry, tech is constantly expanding, which means that jobs that didn’t exist five years ago are now being offered to tech professionals on the market. For instance, more than 5 million jobs in information technology are expected to be added globally by 2027, according to a report from the Bureau of Labor Statistics. Promising tech jobs in information technology include workers who specialize in cybersecurity, especially the security of cloud-based data storage systems. Other fast-growing careers in the tech industry include AI automation technology, renewable energy developments, and the ever-growing Internet of Things.
Expanding Your Career
Tech careers are among the strongest for early retirement: meaning that you can enjoy several decades of no-work or, for many aspirational workers, use your retirement phase to create a start-up and launch a new project altogether. In fact, professionals with tech experience can market themselves to work in a range of lucrative industries, including finance, accounting, automation, and corporate management. Showcasing these skill-sets, as well as liaising with contacts in the tech industry, will help you in the event you decide to take part in an emerging start-up company.
For young professionals and recent graduates looking to expand their careers into the tech industry, the future looks bright. A strong and competitive workforce means that professionals in tech can look forward to lucrative earnings and fast-growing careers in an exceptionally promising industry.