Evolution of In-Demand Skills: 2020 vs 2022

in demand skills

You should take your development into your own hands. Reskilling and upskilling is the responsibility of the employees, as well as the employers. Skill set is needed for both new and old jobs in most industries. In fact, it plays a significant role in how and where you work.

According to the Future of Jobs Report, in 2018, an average of 71% of the total jobs hours are put in by humans, while 29% is performed by machines. But the number is soon going to change. By the end of 2022, the average is expected to be 58% human task hours and 42% by machines. But ManpowerGroup’s Humans Wanted: Robots Need You study shows that 41% of the companies will automate their tasks in the next few years and 24% will create new jobs. It shows that even if companies are automating, they are creating more jobs.

The List of the Most In-Demand Skills in the Future

HRForecast’s internal research include more than 200 million jobs and it confirms that the trends facilitate shifts associated with business transformation. Check out the list of the most in-demand skills in the future years.

  1.     Cloud Computing

Skills in cloud computing are highly in demand because of the growing number of companies shifting their business functions to the cloud. The people responsible for managing and developing these cloud computing systems are cloud engineers. Hence, end users can store files without any hassle and back up their data. As per a Gartner report, there has been a 21.7% increase in job openings for Cloud computing from 2020 to 2022. 

To perform data migrations and negotiate the terms with your cloud service providers, you need professionals with technical skills. Cloud computing professionals should also have the technical knowledge to ascertain data security and implement all best practices during the cloud computing process.

  1.     Sales Leadership

Sales are the key to ensuring that your company remains profitable. It means sales leadership will give you the chance to set your foothold in different industries. Sales leadership enables a business to close deals and train others. Outstanding sales leaders strategy and can clear view of a problem. They are trained to identify patterns that have to be worked on or the areas that require a little boosting for improving review. The best performing sales leaders will use their excellent communication skills, ability to build a team and coach, and the ability to motivate. There has been a 9.7% increase in Sales leadership roles from Feb 2020 to May 2022.

  1.     Cybersecurity

Cyber is related to computers and its network. So, cybersecurity is internet security. With this rapid digitalization, more and more businesses and individuals are coming online for all types of activities. It is not just business products, files, and other proprietary details and trading secrets, which are posted over the internet. However, it also means business’s or individual’s financial details will also be recorded online. All these make cybersecurity the top in-demand skills. In the United States alone, there are 9.5 lakh people working in cybersecurity and still have 4.65 Lakh openings for cybersecurity professionals.

  1.     Artificial Intelligence

Many organizations are streamlining their workflows and securing important data while reducing costs. This has led to an increase in demand for experts in artificial intelligence and machine learning. These professionals mainly deal with AI development. They create, test, and implement AI models and also maintain the AI infrastructure of the organization. When you want to develop these skills, you need to ensure you have a stronger foundation in statistics, software design, engineering, coding, and similar fields. You will be surprised to know that there has been a 75% increase in Artificial Intelligence jobs from 2018 to 2022.

  1.     Blockchain

Blockchain is one of most in-demand skills for the future. It is a cutting-edge technology that is seeing a slow growth in its popularity. Blockchain helps in recording details in a way, which makes it difficult and almost impossible to break through. Thus, it is one technology that is empowering digital security. Since Blockchain is a relatively new technology, it can be considered as a most in-demand skill for the future. Total number of jobs for Blockchain, Crypto, and NFT has seen a jump of 804% between April 2020 and May 2022.

  1.     Big Data Analytics

Big Data Analytics is a technique that uses advanced analytics to study massive, diverse data, including semi-structured, unstructured, and structured data from various sizes and sources from terabytes to zettabytes. A key area where Big Data is extensively used in HR analytics. Knowledge and training of Big Data will empower you to develop accurate forecasts, drive workforce transformation, and optimize the workforce structure. With the help of algorithms, you can simulate different work scenarios. As per a report by Mckinsey, big data analytics jobs are in demand and have a 30.1% increase in job openings from April 2021 to May 2022.

  1.     Ethical Hacking

For you, hacking might be to get into someone’s computer network or system to secure information. Although hacking is usually used in a negative sense, it isn’t a bad thing to engage in when it is done ethically. Ethical hacking is a white hat technique that can be used to reverse the damage caused by malicious hacking. At present, ethical hackers are making their way to the top government organizations, companies, and other spaces. In fact, it is counted as a high income skill that has a bright future. The demand for ethical hacking jobs rose by 12% from 2020 to 2022.

Conclusion

As per data from JobsPikr Insights, few skills like Cloud Computing, Big Data Analytics, Sales and Ethical hacking  are rising in popularity.A change of about 25% has been observed in the skill set for jobs in the last 5 years and it is expected to change by 41% by 2025. So, legacy skills are getting obsolete with each passing year. Therefore, it becomes essential for organizations to know the trending and in-demand skills in their industry. JobsPikr Insights is a talent intelligence tool that provides real-time insights related to in-demand skills and top job roles for any geo-location. Get extensive, all-inclusive talent insights to form your winning workforce strategy. 

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