K
Kathleen Martin
Guest
There are already more than 10 billion active Internet of Things (IoT) devices in existence and around 127 new devices per second connecting to the web, according to McKinsey & Company, and new connections are expected to increase by 20 times by 2025. Conservative estimates for the number of active IoT devices by 2030 are more than 25 billion. Some put the number into the hundreds of billions. IDC believes the IoT market will be worth around $1.6 trillion by 2025, according to Statista. That’s a lot of money and a lot of potential jobs.
Here are five areas of high IoT job potential:
1. IoT Hardware
According to McKinsey & Company, hardware currently makes up about 30% of current IoT market value. Software and services make up the rest. And that 30% number is going to gradually fall over the years. Such facts might persuade many to avoid IoT hardware, but that would be a mistake. Thirty percent of hundreds of billions is a lot. And even if it drops to 20% in a decade, by then the market could be worth a great many trillions. In other words, spending on IoT hardware will increase for the foreseeable future.
For those with hardware and installation skills, there will be plenty of work to be had in IoT hardware. And those choosing this path will face less competition than the apparently more lucrative software and services markets.
2. IoT Software
The most dynamic area of the IoT marketplace is software. Those developing new applications and faster systems will be in high demand. Those that can figure out how to connect IoT devices with other devices and feed data to enterprise systems and analytics platforms will be in the forefront of a revolution in the IT world.
3. IoT Services
Hardware encompasses devices, sensors, and components to route data into central systems. Software is all about developing, deploying, and integrating systems. But sitting in the middle is the thriving IoT services space. Millions of integrators, resellers, technicians, and maintenance personnel will be needed to serve this market. In all likelihood, enterprises will outsource a lot of this to third-party IoT service specialists.
Continue reading: https://www.datamation.com/careers/iot-job-trends/
Here are five areas of high IoT job potential:
1. IoT Hardware
According to McKinsey & Company, hardware currently makes up about 30% of current IoT market value. Software and services make up the rest. And that 30% number is going to gradually fall over the years. Such facts might persuade many to avoid IoT hardware, but that would be a mistake. Thirty percent of hundreds of billions is a lot. And even if it drops to 20% in a decade, by then the market could be worth a great many trillions. In other words, spending on IoT hardware will increase for the foreseeable future.
For those with hardware and installation skills, there will be plenty of work to be had in IoT hardware. And those choosing this path will face less competition than the apparently more lucrative software and services markets.
2. IoT Software
The most dynamic area of the IoT marketplace is software. Those developing new applications and faster systems will be in high demand. Those that can figure out how to connect IoT devices with other devices and feed data to enterprise systems and analytics platforms will be in the forefront of a revolution in the IT world.
3. IoT Services
Hardware encompasses devices, sensors, and components to route data into central systems. Software is all about developing, deploying, and integrating systems. But sitting in the middle is the thriving IoT services space. Millions of integrators, resellers, technicians, and maintenance personnel will be needed to serve this market. In all likelihood, enterprises will outsource a lot of this to third-party IoT service specialists.
Continue reading: https://www.datamation.com/careers/iot-job-trends/
