Is Tech a Good Career Path in 2024? (Detailed Guide)

Is Tech a Good Career Path
Credit: TriloAcademy

If you are thinking of entering the labor force or switching careers in 2024, the tech industry is difficult to overlook. For the past three decades, the tech industry has consistently paid well and has remained a major force in the larger cultural conversation.

Regardless, deciding on a career in technology is not an easy task. To make a decision, one must consider the industry’s current employment situation. Layoffs at large tech companies in 2023 have contributed to the perception that tech careers may be more unsafe than once thought.

So, are tech jobs a good career path in 2024? That is the question we will address in this article. Along with this, you’ll also learn about the current state of the tech market, various tech careers to consider, and how to find the right job for you.

Is Tech Still a Good Career Path Today?

A career in technology allows you to do meaningful work that impacts multiple industries. Working in technology also allows you to put a diverse set of skills to use in novel ways.

The pay that comes with working in technology is also a nice perk. Average salaries in the technology sector surpassed the six-figure mark in 2021 and have continued to rise since then. A career in technology is an excellent choice for professionals today due to the combination of meaningful output and rewarding salaries.

Is the Tech Job Market Still In Demand?

This is a crucial question for anyone considering a career in technology. Despite the recent layoffs, the tech market remains healthy and has overwhelmingly positive prospects, particularly cybersecurity. According to a Cyber States report, over 270,000 new jobs will be created in tech fields by 2023. The tech sector’s employment growth rate is expected to be double that of the national average in the United States. Even though there have been recent layoffs, these figures show that the demand for tech professionals remains high.

Who is the Tech Industry For?

Your personality and work preferences are likely to match an in-demand tech career. Aside from the many remote opportunities and high pay, according to Hired’s 2023 State of Software Engineer’s findings, people are interested in technology for four reasons.

  • An environment that provides new challenges, continuous learning, and skill development.
  • The ability to apply problem-solving and critical thinking skills while creating useful products.
  • The ability to express yourself creatively through the projects you create and the problems you solve.
  • Working as part of a highly collaborative team and in a community setting.

The Benefits and Drawbacks of a Career in Technology

Here are some of the advantages and disadvantages of choosing this career path.

Is Tech a Good Career Path: Benefits

Here’s what keeps people interested in the tech industry.

#1. A Transformational, Inventional, and Innovative Environment

Technology relies heavily on innovation and progress. This isn’t to say that everyone working in tech is creating world-changing AI, but it does mean that if you work in tech, you’ll most likely get to work on exciting projects and produce innovative work.

#2. Excellent pay and benefits packages

A career in technology promises good pay. According to one report, the average salary in technology in 2022 will be $111,348. This is an increase from the 2021 average of $108,857. As part of their job, most companies provide plenty of nice perks to tech employees.

#3. Excellent Network and Community

Today, technology has spread its roots across most industries. As a result, as a tech worker, you will have access to a network that spans multiple industries and fields. You will benefit greatly from honing your networking skills and making new contacts.

Those who work in technology also have a strong sense of community. Offline, most major cities have conferences, unions, and meetups for people who work in technology. You can also find your tribe online by searching for communities for people who work on specific technologies. For example, if you work in data science, you should strongly consider becoming involved in a data science community.

#4. Possibility of Making a Positive and Visible Difference

Working in technology allows you to have a transformative impact on the organizations in which you work. This is due to the fact that most businesses today are looking for technological solutions that can deliver new innovations while also optimizing results.

#5. A Wide Range of Career Opportunities

Tech workers aren’t just limited to the technology industry—you don’t have to work at software companies. Rather, you may find yourself working in a variety of industries, such as banking, health care, entertainment, and retail.

One of the most exciting aspects of a career in technology is the abundance of career options. The advancement of technology in various fields translates to the ability to work in any of these fields. So, if you’re a techie who has always had a passion for cars, you can easily combine work and passion with a job in the automotive industry.

#6. The ability to work from any location

The majority of technology jobs can be done from home. Most companies are willing to hire engineers and other professionals remotely, especially in the aftermath of the COVID-19 pandemic.

Working from anywhere is advantageous in more ways than one. The obvious benefit is that you can choose the type of environment in which you want to work. But, perhaps more importantly, it means that more people have access to the kinds of exciting and lucrative job opportunities that were previously only available to people who lived in and around the world’s tech hubs.

Is Tech a Good Career Path: Drawbacks

If you want to work in technology, you should know the disadvantages.

#1. A high-pressure environment and an insufficient work-life balance

The pressure to meet tight deadlines is an unspoken requirement in many tech jobs. This is due to the fact that many companies ship software updates on a regular basis and are constantly trying to keep up in a highly competitive environment. As a result, many professionals in this field become overworked and burnt out.

The high-stress environment can also have an impact on your personal life. You may find yourself using personal time to finish your work and meet deadlines. So, if you choose a career in technology, make sure to keep clear boundaries between your personal and professional lives so that you don’t develop resentment for your job.

#2. Competitive Environment

Because of the high salaries in technology, competition for jobs is always increasing. That means you’ll always be competing against a large pool of skilled professionals for any job you apply for.

This is not to say that anyone can apply for a tech job. The level of skill required to work in technology will always be a competitive barrier for those with those skills. That being said, you must be willing to go above and beyond to gain experience and upskill yourself in order to stand out from the competition.

#3. Massive layoffs and hiring freezes do occur

Layoffs are a common occurrence in the technology industry. We’re only halfway through 2023, and already companies like Google, Microsoft, Meta, and Amazon have announced significant workforce reductions. Hiring freezes are also common in the technology industry.

Although layoffs are an unfortunate reality for those in the technology sector, there are two sides to the coin. As previously stated, despite layoffs at specific companies, demand for tech workers remains high. That means that many laid-off employees are quickly hired by other organizations.

#4. Working at a Desk

A career in technology is both stressful and sedentary. Even if you work from home, you will spend a significant amount of time at a desk.

Is Tech a Good Career Path: Careers to Consider 2024

When it comes to various disciplines and fields, technology offers a plethora of options. Let’s look at some of the most popular tech jobs and see what they entail.

#1. Software Engineering and Development

Software engineering, a somewhat generic term used to describe a job that involves writing code to build software for a variety of potential platforms and devices, is one of the most commonly available jobs in the tech industry.

On the other hand, software development is a field in which you will specialize in a programming language and a particular application or device type. Some Java programmers, for example, write code for native Windows applications.

#2. Video Games and Mobile Apps Development

The development of games and mobile apps is a subset of software development. This industry’s developers are also software developers, specializing in writing software for mobile applications and games.

Mobile app development is an exciting field, producing a lot of cutting-edge technology. A career in this field will allow you to create apps in a world where mobile-first is becoming a focus for many businesses.

Game development is a specialized field requiring you to learn game physics and how to use specific game engines. It’s an excellent choice for developers who are enthusiastic about gaming.

#3. Cybersecurity

Cybersecurity is one of the areas of technology experiencing rapid growth and new opportunities. As more businesses move their data and operations online, there is a growing demand for professionals who understand how to set up secure systems and establish regulatory frameworks for businesses.

Working in cybersecurity will put you at the forefront of the movement toward more secure organizations. It is an exciting field that requires you to stay updated on the latest in malware and network security to keep your organization secure.

#4. Data Science

Few fields have experienced as much growth in recent years as data science. Companies across industries have recognized the value of data, increasing the importance of data scientists.

Data science is a field that necessitates knowledge of mathematics, data management, and some software development. If you are willing to work on all of those skills and are enthusiastic about working with large datasets, you should consider a career in this field.

#5. Data Analytics

Professionals in data analytics are tasked with extracting specific insights from data to improve business outcomes. As a data analyst, you will be given a problem statement and responsible for gathering data and conducting analyses to solve that problem. For example, you could be tasked with determining why a specific SKU is underperforming in sales.

#6. Artificial Intelligence and Machine Learning

Most of the cutting-edge work in technology today is in machine learning and artificial intelligence. As a result, if you want to work on innovative projects and have a passion for research, these are the areas to look into.

Both machine learning and artificial intelligence require a diverse set of skills. You must be well-versed in mathematical concepts, particularly calculus, statistics, and vector algebra. You will also need a solid understanding of data structures, algorithms, and programming languages like Python or Java.

#7. IT Assistance

IT support isn’t as exciting as other tech jobs on this list. However, it is a critical role that necessitates technical and communication abilities.

If you enjoy interacting with people and are good at problem-solving, you should consider a career in IT support. You must have the necessary technical skills to thoroughly understand the technology product for which you provide support.

#8. DevOps

This is a subset of technology that focuses on developing new methodologies to improve the output of software teams. DevOps engineers are well-versed in both technical and soft skills. Your task will be to assess the projects assigned to your team and devise methods to measure and improve the rate of development. This is an excellent role for people who enjoy working with others and are enthusiastic about increasing productivity.

How Do I Choose a Tech Career?

Here are a few things you can do to determine which tech job opportunities are best for you.

#1. Research

There are numerous resources available online (for example, this post) that can provide you with basic information on various fields of technology. Examine blog posts and job descriptions to learn what professionals in a given field do and what skills they possess.

#2. Understand Yourself

The career you choose should be at the crossroads of your skills and interests. So take some time to assess your own strengths and how they can be applied in a professional setting.

#3. Participate in an Internship

Internships allow you to get up close and personal with the job you want. Completing one will provide you with an understanding of what professionals do in specific roles and how they collaborate with others on a team. We’ve compiled a guide on how to get an AI internship here. Many of the same principles apply to any field of technology.

#4. Speak with an Expert

Shadowing someone already working at your dream job or simply talking with them can help you understand that career path. Take advantage of the opportunity to inquire about the specifics of their job and what their day-to-day work entails.

Which technological fields are in high demand?

The following are some of the most in-demand technological fields right now.

  • System Administrator
  • Cloud Operations Engineer
  • Network Security Engineer
  • Cybersecurity Manager
  • AI Creator

What Are Some Non-Bachelor’s Degree Tech Jobs?

Some tech careers that do not require a college degree include:

  • Web designer
  • Technical Writer
  • User Experience Designer
  • Help Desk Analyst
  • Support Professional

What Is the Easiest Job in Technology?

Here are some of the most lucrative jobs in technology that you can get with little experience:

  • CMS Supervisor
  • Web Designer
  • Digital Marketing Analyst
  • Data Scientist
  • DevOps Engineer

Is the Tech Industry Stressful?

Jobs in technology can be demanding. If you are feeling overwhelmed or burned out at work, speak with your manager or HR.

How Long Does It Take to Get a Job in Technology?

If you’re completely new to the tech field, give yourself at least six months to learn the necessary skills. You can speed up your job search by assembling a portfolio of work and networking with experienced professionals in the field.

How Long Does It Take to Make a Six-Figure Salary in Technology?

Currently, the average tech salary is in the six figures. As a result, most mid-career professionals in the industry (with about five years of experience) reach that level.

How Do I Make the Transition to a Tech Career?

To begin, learn the necessary technical skills for the job. You can do so by attending a boot camp, completing a college degree, or learning on your own. The next step is to work on your portfolio and, if possible, complete an internship. You can then begin applying for jobs and networking with professionals in your field.

Are There Too Many Tech Jobs?

No, there isn’t an oversupply of tech jobs. In fact, there is frequently a scarcity of capable talent in many tech fields.

A Glimpse into the Future

The impact of emerging technologies on the workforce is becoming increasingly clear. This is not the first time this has occurred. In the mid-2000s, cloud computing changed the technology game and became the industry standard by introducing increased scalability, data storage, and automation. In fact, until the 2010s, complex distributed systems and general System Design were not industry standards.

We are now witnessing the rapid advancement of artificial intelligence and machine learning and how they are improving business operations.

Integrating AI into business opens up so many possibilities that it’s almost impossible to consider them all. Because AI and ML can automate mundane and time-consuming tasks, employers across industries will likely focus on hiring more creative and complex skills that are more difficult to replicate in machines. So, the AI revolution is on your side for all of you creative developers!

Riding a wave is the best way to catch it. Getting into the tech industry during a transformative period like this means you’ll be catching up with the new business momentum rather than catching up with it.

Is Tech a Good Career Path: How to Start

There are numerous reasons why a career in technology is a good path, including compatibility with the personality traits required for many tech roles, excellent pay and flexible work arrangements, and the opportunity to grow alongside exciting new developments in artificial intelligence and machine learning.

If you’re new to coding and want to pursue a career in technology, there’s no better time than now! With so many options for learning to code outside of a computer science degree, getting on track to a high-paying and rewarding tech career is easier than ever.

To get started, familiarize yourself with the programming languages and career paths we discussed today to hone your skills for the technology industry. We’ve created four new skill paths to help you succeed even if you don’t have any programming experience. Each of the following paths covers the fundamentals and more advanced features of a programming language, as well as hands-on experience solving real-world problems for specific roles.

Is Tech a Good Career Path: References

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