In this article, we will look at the 10 highest paying jobs in the world in the future. We have also discussed the future of jobs and some prominent trends in another article. If you are interested in reading about that along with a more extensive list, head straight to the 30 Highest Paying Jobs In The World In The Future.
10. Data Engineers
Average Salary: $125,561
In the age of big data, data engineering is a critical domain, tasked with overseeing the management of an anticipated 463 exabytes of daily data by 2025. To have a career in data engineering, it is important to have proficiency in coding languages such as SQL and Python, alongside expertise in databases, ETL systems, and big data tools.
9. Data Analysts and Scientists
Average Salary: $129,693
Data scientist is not only one of the most needed jobs in America in 2023, but also one of the most in-demand jobs for the future with a growth rate of 36% between 2021 and 2031. It is also worth noting that technology, finance, and healthcare are the highest paying industries for data scientists.
The job of a data analyst is to collect, process, and analyze data to extract insights and inform decision-making. They utilize statistical techniques and software tools to interpret complex datasets, identify trends, and create visualizations.
8. Application Developers
Average 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. It is one of the top 10 highest paying jobs in the world in the future.
7. Devops Engineers
Average Salary: $133,115
DevOps engineers, with an average annual salary of $133,115 in the US, have an important role in optimizing software development. They manage a plethora of responsibilities, including overseeing teams, shortening development cycles, and enhancing collaboration between operations and development units. While 75% hold a bachelor’s degree, gaining experience through entry-level roles or certifications like Linux System Administration can be invaluable. It will be one of the highest-paying jobs in the next 10 years.
6. FinTech Engineers
Average Salary: $135,000
FinTech engineers develop and maintain financial technology solutions, combining finance and technology expertise. They design and implement software applications for banking, investing, payments, and other financial services.
5. Software and Applications Developers
Average Salary: $136,096
The global application development software market is projected, by Precedence Research, to reach approximately $328.3 billion by 2032 from $155.64 billion in 2022. The market is anticipated to expand at a CAGR of 7.8% between 2023 and 2032. North America contributed over 41% of the market’s revenue in 2022. The median annual wage for software developers was $127,260 in May 2022. It is one of the high-paying jobs in demand for the future.
4. Full Stack Engineers
Average Salary: $138,498
Full Stack Engineers are proficient in both front-end and back-end development, allowing them to work on all aspects of web application development. Their key skills are proficiency in programming languages like JavaScript, HTML, and CSS, knowledge of frameworks like React or Angular, database management, version control with Git, and problem-solving.
3. Digital Transformation Specialists
Average Salary: $139,612
Digital transformationists drive organizational change by leveraging technology to enhance processes, systems, and customer experiences. They analyze existing structures, implement digital solutions, and cultivate a culture of innovation.
2. AI and Machine Learning Specialists
Average Salary: $153,337
The machine learning market is witnessing remarkable growth, with the global NLP sector projected to surge from $26.42 billion in 2022 to $161.81 billion by 2029. This exponential expansion reflects the industry’s pivotal role in driving technological advancements across diverse sectors. Natural Language Processing (NLP) alone shows an excellent annual growth rate, with projections indicating an approximate 25% increase over the forecast period. These figures confirm the growing demand for professions in the field.
1. Database Architects
Average Salary: $172,205
Database architects are highly paid owing to their specialized skill set in designing, implementing, and managing complex database systems crucial for businesses. Their expertise ensures efficient data storage, retrieval, and security, vital for decision-making and operations. It is the highest paying job in the future.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily enewsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a peek at Earn an Extra $500 a Week With These 20 Side Hustles and 15 Best Side Hustles for Women Over 50.