Key Trends that Will Influence the Future of Work
Work is an essential component of modern life, but its dynamic is no longer the same as a few years ago. Work trends in this era are more pragmatic, all while living in the digital age.
According to a FlexJobs survey, 60 percent of women and 52 percent of men in the United States will quit their jobs if employers don’t offer them remote work options. This data demonstrates how the job market has been digitized to optimize and automate company services. Read this article to learn about this evolution.
Tech Trends that Are Taking Place in This New Post-Globalization Economy
The emergence of new technologies and the digitization of work will set the tone for this decade. This phenomenon had a significant rise, but after COVID-19, the pace increased even more. In the paragraphs below, we will show you a review of the main trends that will change the future of work forever. Take a look.
The need for workflow automation procedures will reach $26 billion by 2025, according to a Forbes and Grand View Research report. More than 25 percent of companies use automation in their hiring process. Indeed, by 2022, AI automation technologies will be used in 70 percent of customer support transactions.
According to a PR News Wire survey, one in three people would look for a new job if their employers required them to return to the office full time. This is an important factor that companies will consider in the coming years. Remote work is here to stay as a trend that began to gain traction globally in 2020.
Digital work oriented to the professional services, e-commerce, business, finance, and information systems sectors will continue to grow exponentially by 2030. According to a Growmotely survey, 74 percent of professionals believe that remote work will become the “new normal’’.
According to Statista, global spending on automation and AI business operations increased by $4 billion in 2021. Likewise, business investment in automating their services is expected to grow to $6.8 billion in 2022 and $10.8 billion in 2023. Spending on intelligent process automation will rise to $12.1 billion in 2022 and $13 billion in 2023.
Artificial intelligence will bring important innovations throughout this decade. For example, in 2022, consumers will have more personalized interactions with their service providers. As AI gains a greater impact on customer service, user experience processes will be fully automated and based on coding.
Emerging Technologies Expected to Radically Change the Job Market in this Decade
- Data Science: The massive flows of big data will continue to be critical for companies to improve their products and services. This trend implies an increase in the demand for data analytics software and data analytics workers.
- Cyber Security: Cyber security is important because companies will invest in and adopt anti-hacking and anti-phishing infrastructures to protect their databases. Cyber attacks and defense programs will also grow due to the power of data.
- Cloud Computing: Information banks in companies are expanding to levels never seen before due to the digitization of the economy. This element will lead the market to a massive migration of clients, companies, strategies, and investments towards the vast ecosystem of the computing cloud.
- Robotic Process Automation (RPA): Unlike simple automation, RPA will allow a comprehensive system of devices with hardware and software specially designed to execute repetitive tasks. This innovation will be applied to procedures for the mass production of goods and digital services.
Emerging trends in work growth and evolution provide an excellent opportunity to optimize the operation of a company and all professional staff. If you want to be successful in one of these two fields, you should pursue a career that is related to these skills and trends. If you want to grow your business, research and gradually invest in these technologies.