It can be argued that there’s a talent shortage in the supply chain industry. But where are all of our workers going? Into tech.
What’s the driving force behind the tech sector’s $3 trillion market value? Tech products are becoming more affordable. This has led to stunning growth in the tech job market, both in number of jobs and in the salaries they earn. The hottest tech jobs are in cryptocurrency, specifically blockchain, where job growth has exploded by 3,300 percent since 2014. Artificial Intelligence is the other big driver, along with a variety of roles in the auto industry that push us ever closer to self-driving cars.
What makes a tech job “hot” and “emerging”? FitSmallBusiness.com, the digital business publication, focused on jobs either making a comeback within the last five to ten years, or jobs that were created recently. The publication also looked at jobs with salaries above $61,000 per year, the national average salary of tech workers with a bachelor’s degree. Additionally, the study also tracked to see job growth, which has doubled each year since 2014.
1) Embedded Systems R&D Test Engineer
Sector: Self-Driving Automobiles
Average Annual Salary: $238,000
2) Deep Learning Architect
Sector: Artificial Intelligence
Average Annual Salary: $213,700
3) Machine Learning Engineer
Sector: Artificial Intelligence
Average Annual Salary: $213,000
4) 5G Solutions Engineer
Sector: Telecommunications
Average Annual Salary: $197,000
5) Blockchain Developer
Sector: Cryptocurrency
Average Annual Salary: $162,500
6) Director, Cannabis Technology
Sector: Cannabis
Average Annual Salary: $158,500
7) Big Data Architect
Sector: Artificial Intelligence
Average Annual Salary: $151,000
8) Cloud Architect
Sector: Cloud Computing
Average Annual Salary: $139,000
9) Geospatial Software Engineer
Sector: Aerospace Technology (Drones)
Average Annual Salary: $115,500
10) Simulation Engineer
Sector: Research & Design
Average Annual Salary: $101,700
11) Cell Engineer
Sector: Alternative Energy & Automobile Manufacturing
Average Annual Salary: $101,000
12) Quantum Computing Researcher
Sector: Quantum Computing
Average Annual Salary: $97,500
13) Productivity Developer
Sector: Sharing Economy Programming
Average Annual Salary: $93,000
14) Tech Vlogger
Sector: Blogging/Vlogging
Average Annual Salary: $85,500
15) Live Streaming Engineer
Sector: Video Production
Average Annual Salary: $77,500
FitSmallBusiness.com used the following weighted metrics to determine this year’s hottest jobs in tech and they include:
- Estimated Industry Value – This reveals how much a market is worth at any given time using revenue generated from companies within the market.
- Projected Market Growth – The publication looked for compounded annual growth rate of at least triple the average growth of the global economy (current 5.4%).
- Availability of Positions– FitSmallBusiness.com identified those positions that are becoming widely available (where at least 100 open positions can currently be found at various companies across the country).
- Average Annual Salary – When the publication defines “hot jobs” it means those with high salaries. FitSmallBusiness.com looked for tech jobs that have average annual salaries higher than $61,000, which is the national average for those in the tech sector who have a bachelor’s degree.
“Blockchain, AI, and car technology are all exploding at the same time and driving the exponential growth in the tech sector,” says Eric Noe, Editor-in-Chief, FitSmallBusiness.com “These technologies are changing the way we live, and they’re creating a wave of hot new jobs at the same time.”
