In this article, we will look at the 5 jobs that will be in demand in the next 5 years. We have also talked about the latest developments in the global job market in another article. If you are interested in reading about that along with a more extensive list, head straight to the 20 Jobs That Will be in Demand in the Next 5 Years.
5. FinTech Engineers
Projected Jobs Created: 32.5%
Fintech engineers develop innovative financial technology solutions, creating and optimizing software for online banking, payment processing, blockchain, and other financial services. They design secure, user-friendly applications, enhance data analytics, and implement cutting-edge technologies to streamline financial processes. Fintech engineers often work on mobile apps, cybersecurity, and algorithmic trading systems.
Block Inc. is a leading fintech company known for its payment processing and financial services and can be a potential employer for fintech engineers.
4. Information Security Analysts
Projected Jobs Created: 32.5%
In 2022, information security analysts had a median annual salary of $112,000. These analysts usually require a bachelor’s degree and less than five years of related work experience. According to BLS, the field is booming, with a 32% job outlook from 2022 to 2032 which is way faster than average and will open 53,200 new positions. In 2022, there were 168,900 such jobs. This high demand reflects the growing importance of cybersecurity across industries, making information security analysts vital in protecting sensitive data and ensuring the integrity of digital systems.
3. Business Intelligence Analysts
Projected Jobs Created: 32.5%
The role of a Business Intelligence Analyst presents major growth potential in the seasoned era of data-driven decision-making. With a projected job growth rate of 10% between 2018 and 2028, according to the BLS, this field offers ample career opportunities. The role has a national average salary of $91,074 per year, coupled with potential bonuses in the US. Usually, one requires a minimum four-year, relevant bachelor’s degree with an internship. However, pursuing professional certifications and advanced degrees, such as an MBA, can enhance earning potential and open doors to vast industries.
2. Sustainability Specialists
Projected Jobs Created: 32.5%
A Sustainability Specialist is a professional dedicated to fostering environmentally conscious practices within organizations. Analyzing operations and resource pipelines, they recommend and implement sustainable initiatives to reduce ecological impact. Their responsibilities include creating and communicating sustainability policies, collaborating with marketing teams for integration, and overseeing policy implementation. To become a Sustainability Specialist, a bachelor’s degree in business or environmental science is common.
The average annual salary for a sustainability specialist is $71,345 in the US. There are currently 1000 jobs postings for sustainability specialists on Indeed.com, confirming that the field and role are already in demand.
1. AI and Machine Learning Specialists
Projected Jobs Created: 40%
According to WEF’s Future Jobs Report of 2023, the demand for AI and machine learning specialists is projected to increase by 40%, creating approximately 1 million jobs, driven by the pervasive adoption of AI and machine learning technologies which is catalyzing industry transformation. Research on Generative AI suggests a major impact on total worker tasks, particularly in higher-wage roles and professions with higher entry barriers. Specialized roles in AI and big data are expected to grow by 30-35%, with big-data analytics ranking as the third-most likely technology for widespread adoption by 2027. A large majority of companies, around 80%, plan to deepen their integration of big data, while 75% aim to incorporate AI techniques like machine learning and neural networks. AI and Machine Learning Specialists have the job that will be most in demand in the next 5 years.
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