The internet completely changed how computing devices connect on the global level. However, it has become challenging to figure out the difference between computing devices and those that don’t come with computing capabilities today. Today’s world has several smart physical devices connected to the internet and has computing capabilities – furniture, watches, home appliances, vehicles, and many more. This is where the Internet of Things (IoT) has made a difference.
With IoT, devices like those mentioned above can be connected with the help of software, sensors, and embedded processors, amongst other ways. IoT can work over the internet and intranet and allow fast data exchange between different devices. No wonder this technology is being widely commercialized. It took more than a few years to live up to the hype created around it and meet expectations, and be accepted for all the things it can offer in the present and future.
According to a report released by McKinsey, the number of devices connected via IoT across the world will reach a staggering 43 billion by the end of 2023. This will be an increase of more than three times of what this number was in 2018. That is why making a career in IoT won’t be difficult. It will be amongst the most in-demand skills in the times to come.
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The global IoT industry is also expected to grow even further in the years to come. This growth will be primarily because of the development of the platform, services, and applications that will run on IoT and not just be connected by it. With proper education and experience, a career in IoT can help people have a stable and high-earning job for themselves. The salary of an IoT professional can range from 5 lakh per annum to 50 lakh per annum based on experience and expertise.
For people looking to pursue a career in IoT, the good news is that there is already a significant increase in IoT job opportunities. The future can only be better. According to a NASSCOM report, top Indian IT companies are expected to hire more than 95,000 fresh IT professionals, with cloud computing, IoT, and artificial intelligence being the most preferred skills.
A career in IoT is both lucrative and safe, and there is data to support this fact. IoT is amongst those technologies that will revolutionize the economy in the coming years. There will be a time in the future when IoT will be everywhere, and economies across the world will benefit from it. When this happens, there will also be a considerable rise in the average income of individuals. It is time for people looking to either shift careers or new in the job market or reskills and upskill themselves to benefit from the IoT revolution.
Reference: Why the time is ripe for a career in IoT: Skills needed, job roles and why it can make you rich! | India Today | December 25, 2021
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