The highest-paying occupations of the future are mainly in the field of IT, with enormous earning potential. Despite facing significant layoffs in recent years, this sector remains one of the most profitable.
The future of jobs is intertwined with technological advancements, demographic changes, and global economic dynamics. Forecasts suggest that automation, robotics, and artificial intelligence (AI) will significantly reshape employment prospects. By 2030, these technologies could redefine job roles, with projections indicating that up to 800 million positions globally could be automated. Moreover, studies indicate that up to 30% of jobs could potentially be automated, leading to substantial changes in employment.
Additionally, shifts in global economic power will impact labour markets worldwide. Developing countries with a strong focus on innovation and education may gain significant advantages, while developed nations may face challenges such as wealth inequality and job loss due to automation.
It is estimated that by 2030, the demand for energy and water will increase by up to 50% and 40%, respectively, highlighting the need to adapt the workforce in sectors addressing these needs.
The highest-paying jobs in the future:
10. Data Engineers
Average annual salary: $125,561
In the era of big data, data engineering is crucial, tasked with overseeing the management of the projected 463 exabytes of daily data by 2025. To pursue a career in data engineering, it is essential to have knowledge in coding languages such as SQL and Python, along with expertise in databases, ETL systems, and big data tools.
09. Data Analysts and Scientists
Average annual salary: $129,693
Data scientists are not only among the most needed jobs in America in 2023 but also one of the most sought-after jobs for the future, with a growth rate of 36% between 2021 and 2031. Technology, finance, and healthcare are the highest-paying industries for data scientists.
The role of data analysts is to collect, process, and analyse data to gain insights and inform decision-makers. They use statistical techniques and software tools to interpret complex datasets, identify trends, and create visualisations.
08. Application Developers
Average annual salary: $131,278
Application developers design, create, and modify software applications for computers, mobile devices, and other electronic platforms. They collaborate with clients or stakeholders to understand requirements, then write code, conduct testing, and debug programs to ensure functionality.
07. DevOps Engineers
Average annual salary: $133,115
DevOps engineers, with an average annual salary of $133,115 in the US, play a crucial role in optimizing software development. They manage a multitude of responsibilities, including overseeing teams, shortening development cycles, and enhancing collaboration between operations and development units. Gaining experience through entry-level roles or certifications such as Linux System Administration can be very beneficial for securing this job, believed to be one of the highest-paying in the next 10 years.
06. FinTech Engineers
Average annual salary: $135,000
FinTech engineers develop and maintain financial technology solutions, combining finance and technological solutions. They design and implement software applications for banking, investing, payments, and other financial services.
05. Software Developers
Average annual salary: $136,096
Precedence Research predicts that the global application development software market will reach approximately $328.3 billion by 2032, compared to $155.64 billion in 2022. The market is expected to expand by 7.8% between 2023 and 2032. North America contributed over 41% of the revenue of this market in 2022. The median annual salary for software developers was $127,260 in May 2022. This is one of the highly paid jobs in demand for the future.
04. Full Stack Engineers
Average annual salary: $138,498
Full stack engineers are experts in both front-end and back-end development, allowing them to work on all aspects of web application development. Their key skills include knowledge of programming languages such as JavaScript, HTML, and CSS, familiarity with frameworks like React or Angular, database management, Git version control, and problem-solving.
03. Digital Transformation Experts
Average annual salary: $139,612
Digital transformers drive significant organisational changes using technology to enhance processes, systems, and user experience. They analyse existing structures, implement digital solutions, and foster a culture of innovation, contributing to faster business development.
02. AI and Machine Learning Specialists
Average annual salary: $153,337
The machine learning market is experiencing significant growth, with the global NLP sector expected to grow from $26.42 billion in 2022 to $161.81 billion by 2029. This exponential expansion reflects the industry’s key role in driving technological advancement across various sectors. Natural language processing (NLP) alone shows excellent annual growth rates, with projections indicating an increase of approximately 25% during this period. These figures confirm the growing demand for professions in this field.
01. Database Architects
Average annual salary: $172,205
Database architects are highly paid due to their specialised skill set in designing, implementing, and managing complex database systems crucial to business operations. Their expertise ensures efficient data storage, management, and security, vital for decision-making and operations, making it the highest-paying job in the future.
Source: Portal Sputnik
The highest-paying occupations of the future are mainly in the field of IT, with enormous earning potential. Despite facing significant layoffs in recent years, this sector remains one of the most profitable.
The future of jobs is intertwined with technological advancements, demographic changes, and global economic dynamics. Forecasts suggest that automation, robotics, and artificial intelligence (AI) will significantly reshape employment prospects. By 2030, these technologies could redefine job roles, with projections indicating that up to 800 million positions globally could be automated. Moreover, studies indicate that up to 30% of jobs could potentially be automated, leading to substantial changes in employment.
Additionally, shifts in global economic power will impact labour markets worldwide. Developing countries with a strong focus on innovation and education may gain significant advantages, while developed nations may face challenges such as wealth inequality and job loss due to automation.
It is estimated that by 2030, the demand for energy and water will increase by up to 50% and 40%, respectively, highlighting the need to adapt the workforce in sectors addressing these needs.
The highest-paying jobs in the future:
10. Data Engineers
Average annual salary: $125,561
In the era of big data, data engineering is crucial, tasked with overseeing the management of the projected 463 exabytes of daily data by 2025. To pursue a career in data engineering, it is essential to have knowledge in coding languages such as SQL and Python, along with expertise in databases, ETL systems, and big data tools.
09. Data Analysts and Scientists
Average annual salary: $129,693
Data scientists are not only among the most needed jobs in America in 2023 but also one of the most sought-after jobs for the future, with a growth rate of 36% between 2021 and 2031. Technology, finance, and healthcare are the highest-paying industries for data scientists.
The role of data analysts is to collect, process, and analyse data to gain insights and inform decision-makers. They use statistical techniques and software tools to interpret complex datasets, identify trends, and create visualisations.
08. Application Developers
Average annual salary: $131,278
Application developers design, create, and modify software applications for computers, mobile devices, and other electronic platforms. They collaborate with clients or stakeholders to understand requirements, then write code, conduct testing, and debug programs to ensure functionality.
07. DevOps Engineers
Average annual salary: $133,115
DevOps engineers, with an average annual salary of $133,115 in the US, play a crucial role in optimizing software development. They manage a multitude of responsibilities, including overseeing teams, shortening development cycles, and enhancing collaboration between operations and development units. Gaining experience through entry-level roles or certifications such as Linux System Administration can be very beneficial for securing this job, believed to be one of the highest-paying in the next 10 years.
06. FinTech Engineers
Average annual salary: $135,000
FinTech engineers develop and maintain financial technology solutions, combining finance and technological solutions. They design and implement software applications for banking, investing, payments, and other financial services.
05. Software Developers
Average annual salary: $136,096
Precedence Research predicts that the global application development software market will reach approximately $328.3 billion by 2032, compared to $155.64 billion in 2022. The market is expected to expand by 7.8% between 2023 and 2032. North America contributed over 41% of the revenue of this market in 2022. The median annual salary for software developers was $127,260 in May 2022. This is one of the highly paid jobs in demand for the future.
04. Full Stack Engineers
Average annual salary: $138,498
Full stack engineers are experts in both front-end and back-end development, allowing them to work on all aspects of web application development. Their key skills include knowledge of programming languages such as JavaScript, HTML, and CSS, familiarity with frameworks like React or Angular, database management, Git version control, and problem-solving.
03. Digital Transformation Experts
Average annual salary: $139,612
Digital transformers drive significant organisational changes using technology to enhance processes, systems, and user experience. They analyse existing structures, implement digital solutions, and foster a culture of innovation, contributing to faster business development.
02. AI and Machine Learning Specialists
Average annual salary: $153,337
The machine learning market is experiencing significant growth, with the global NLP sector expected to grow from $26.42 billion in 2022 to $161.81 billion by 2029. This exponential expansion reflects the industry’s key role in driving technological advancement across various sectors. Natural language processing (NLP) alone shows excellent annual growth rates, with projections indicating an increase of approximately 25% during this period. These figures confirm the growing demand for professions in this field.
01. Database Architects
Average annual salary: $172,205
Database architects are highly paid due to their specialised skill set in designing, implementing, and managing complex database systems crucial to business operations. Their expertise ensures efficient data storage, management, and security, vital for decision-making and operations, making it the highest-paying job in the future.
