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11.28.2023
Top Tech Industries Hiring in 2024
Last updated 11/27/2023
The tech landscape is ever-evolving, and more opportunities are becoming available for new and seasoned professionals in the industry. Tech areas like cybersecurity and data analytics are growing 4-6 times faster than other occupations (Bureau of Labor Statistics), creating a skills gap as there are not enough professionals to meet the industry growth rate. This makes those with technical skills highly in demand by employers hiring for tech positions.
Despite the vast openings in the tech industry, Robert Half found that 90% of tech hiring managers struggle to find top talent,. providing many opportunities for individuals looking to break into the field.
If you're looking to change or level up your career, this year is the ideal time to transition into tech or advance your current skills. Here are some of the top tech areas hiring in 2024:
Cybersecurity Analytics
According to Cyber Ventures, cybercrime will inflict $9.5 trillion USD in damages worldwide in 2024. With trillions of dollars at risk and a cybercrime estimated to occur every 39 seconds, businesses are urgently seeking cybersecurity analysts and other information security roles.
Cybersecurity analysts are primarily responsible for defending businesses and organizations against cyberattacks and restoring security after an attack. As part of their job duties, cybersecurity analysts perform a variety of other tasks, including:
Analyzing the digital infrastructure of an organization for potential vulnerabilities
Monitoring, reporting, and recording cyberattack attempts
Identifying the source of breaches or attacks and responding rapidly
Cybersecurity is one of the most lucrative fields in tech. Entry-level information security analysts with 0-2 years of experience average a salary of $76,874 (Glassdoor). The average salary for a mid-level professional with 7-9 years of experience is approximately $105,000 (Glassdoor). Beyond offering high salaries, the cybersecurity field has a zero percent unemployment rate for experienced professionals, and Cyber Ventures predicts there will be a continued disparity between the supply and demand of cyber professionals well into 2025.
Data Analytics
Nationally, the employment of data analysts is projected to grow 23.4% over the next 10 years (Lightcast™). Companies use data analysts to examine and synthesize large amounts of information in order to make better decisions. Some of the most important tasks a data analyst performs include:
Setting up and using business intelligence (“BI") and analytics tools
Identifying patterns in raw data and then analyzing those patterns to find business insights
Creating visualizations and reports based on the data
Optimizing data collection and training other staff members or teams in the data-collection system
Data analytics is considered one of the most attractive fields in tech due to its high earning potential and broad range of uses. As of late 2023, the average entry-level salary for data analysts was $67,679 (Glassdoor). Almost every industry that utilizes technology produces data, which makes data analysts valuable in a wide range of industries, including finance, healthcare, business, and commerce. Data analysts are actively sought by U.S. companies across all industries and sizes, including Wells Fargo, Accenture, KPMG, and more.
Data Science
Data scientists solve complex business problems by using software engineering skills, mathematics, and trend-spotting. The daily responsibilities of a data scientist include:
Identifying and solving business problems through acquiring and questioning data
Ensure that data is cleaned and adjusted, including identifying and updating missing values, misspelled attributes, and inconsistent data types
Creating, training, and testing data models to determine which model works best to identify and solve business issues
The Bureau of Labor Statistics (BLS) reports that the employment of Data Scientists is projected to grow 35% by 2032. Over the next decade, the number of data scientist openings is expected to increase by 17,700 each year (BLS). With a median salary of over $103,500 (BLS) and industry growth rising, this is a great year to become a data scientist.
Cloud Computing
Cloud computing is the on-demand delivery of technology services and resources, such as servers, storage, databases, and software, over the Internet. Typical responsibilities of cloud computing professionals include:
Designing, implementing, and overseeing the cloud infrastructure and services
Managing cloud resources and providing technical support to ensure they run efficiently
Working collaboratively with cross-functional teams, such as software developers and cybersecurity experts
Staying up-to-date with emerging technologies to help companies remain competitive in the industry
Cloud computing is the foundation for many emerging technologies, including artificial intelligence. The BLS projects that cloud computing employment opportunities will increase 15% by 2031, making now a great time to develop cloud computing skills. The industry offers many lucrative employment opportunities, with the average salary of a Cloud Architect being $146,099.
Artificial Intelligence
In 2024 and beyond, the use of artificial intelligence (AI) is expected to expand across all industries. Goldman Sachs Research predicts investment in AI will reach $200 billion globally by 2025. There are many roles within the AI field, but an AI professional is typically skilled in the following:
Data science and analytics
Python
Deep learning concepts
Machine learning models
Deep Neural Networks
As a rapidly growing industry, there are plenty of high-paying roles within artificial intelligence. As of November 2023, there were over 60,000 job openings for Artificial Intelligence Engineers posted to LinkedIn and Indeed. The average entry-level salary for an artificial intelligence/machine learning engineer is $108,378 (Glassdoor).
Web Development
Developers who work on both the client and server side of a web project are known as full-stack developers. They possess a thorough understanding of all aspects of an application and expertise in a wide array of coding languages as well.
Some of their general responsibilities include:
Conceiving, developing, and delivering applications from start to deployment
Building databases and servers that are reliable and can withstand outages
Creating APIs based on the application architecture depending on the application architecture
As a whole, the web development industry presents a wide range of opportunities. The average salary for mid-level web developers with 4-6 years of experience is $85,205 (Glassdoor), providing lucrative employment opportunities. According to BLS, by 2032, web development roles are expected to grow 17%, with 115,500 openings projected to become available in the industry. Web developers can service many industries outside of tech, including retail, marketing, business, healthcare, and finance. Professionals with web development skills may also choose self-employment or to work as consultants, giving them more autonomy and flexibility than working for a company.
How To Learn Tech Skills
Getting into technology and earning high wages in the field doesn't require a college degree. Self-paced courses and online intensive bootcamps can help individuals acquire tech skills quickly. Using industry-driven curricula and instruction, programs like Fullstack Academy's tech bootcamps prepare individuals for roles in fast-growing areas such as coding, cybersecurity, data analytics, artificial intelligence, and cloud computing. Find your program today!