What IT Industries Will Look Like Post Covid-19 Pandemic? Here's How To Plan Your Education

One of the job markets that will really flourish post the lockdown is the IT sector. The IT sector is helping the pandemic which is making it an essential and demanding market right now.

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New Delhi: One of the job markets that will really flourish post the lockdown is the IT sector. The IT sector is helping the pandemic which is making it an essential and demanding market right now. When the Coronavirus pandemic is finally over, a lot of the job market will change, experts believe that the job market will be looking for skills over degrees as it will cost less. The IT sector proving to be imperative during this time of hardships, from delivering food to robotics inside the hospital, this is a pool of skills that will keep evolving. India offers many IT courses which can be something prospective students can look into. Some of the IT best courses offered in India are: Data Science, which is an interdisciplinary field that uses scientific methods, processes, algorithms, and systems to extract knowledge and insights from many structural and unstructured data. Some reports say, that companies like Airtel, Paytm Oracle are looking for data scientists even during the current situation. According to upgrad.com, “data scientist” is the highest paying job in India. The average data scientist salary listed on Glassdoor is above 1,000,000 rupees per year and it could go up to 2,000,000 rupees for more experienced candidates. Blockchain technology is most simply defined as a decentralized, distributed ledger that records the provenance of a digital asset. According to studies, the demand for blockchain professionals has grown necessarily, and by 2025, 18% of the world’s GDP will be on blockchain technologies. According to a study published by IBM, 62 percent of automotive executives think that blockchain will be a disruptive force in the auto industry by 2021. Cyber Security is also going to see a spike in demand, it was predicted that global cybersecurity spending will exceed $1 trillion cumulatively from 2017 to 2021 by cyber economy research company Cybersecurity Ventures. According to a joint study by PwC India and DSCI, the cybersecurity market in India will grow from $1.97 billion in 2019 to $3.05 billion by 2022, at a compound annual growth rate (CAGR) of 15.3%. The study also stated that Banking, Financial Services, and Insurance (BFSI), IT, and government are the top three sectors with the largest market share in cyber security expenditure in the country. Some studies have suggested that the world is changing at an incredible pace, with the number of IoT devices increasing by 31 percent year over year. By 2022 it’s predicted that there will be around 30 billion IoT devices and a global market of $7.1 trillion. With an increase in demand for various machines, Artificial Intelligence and Machine Learning are also going to see a spike in demand. Robotics has helped doctors to screen COVID-19 patients without being physically present around infected patients. Although, the pandemic has changed the Indian and Global Job Market. There will be a rise in various industries, companies will invest in skills more. There will be increased investment in IT industries and adaptability will be an important asset for job seekers.