The entire world is undergoing a period of slowed growth, and continuing war and strife over policies is not helping the situation many nations are facing. World leaders and great thinkers are searching for policies and people with the ability to create new employment opportunities and stimulate economic growth.
Fields within the electronics industry are some of the fastest growing private sector markets globally. The electronics industry offers the opportunity for development and innovation on a macro level, but it also provides plenty of incentives for the individual to find a specific field to make a career in. Here are four solid reasons to get into the field of electronics.
Job Creation Benefit Directly
Several fields in the electronics industry are expected to not only have job growth, but to have massive growth. For example, there is a field in the electronics industry known as computer and information technology where there is expected to be job growth of about 12 percent by 2024. The number translates to over 480,000 new jobs created during that period.
The United States continues to remain ahead in job creation in the electronics industry due to an average of five additional jobs being created in related sectors for each new job position. Since there is an employment vacancy, people with degrees from quality schools will have a wide open job market to explore. Someone with an online electrical engineering degree, for instance, will be poised to take advantage of the exploding job market.
The Electronics Industry Makes a Direct Contribution to the GDP
The information communications technology industry alone is having a massive effect on the gross domestic product of developed markets and emerging markets. The production of mobile devices and mobile data has had impressive growth rates as well. As long as fields within the electronics industry are expanding, then there is much to gain by getting into this arena.
New Services and Industries Begin to Emerge
The robotics industry is directly responsible for important public services that have now become available over the internet or through mobile phones, which is another example of something the world can thank the robotics industry for. People aiding in the transition to new modernization through robotics are helping to improve the quality of life for millions.
Facilitates a Transformation in the Workforce
The robotics industry is creating different opportunities for people and the world. Things known as Microwork platforms have begun popping up, and they are being used by huge companies like Amazon and Microsoft. Independent contractors with educations applicable to fields in the robotics industry are seeing so much new work due to innovations, which is giving rise to new entrepreneurs and a great sign for the industry at large.
The electronics industry offers the opportunity for development and innovation on a macro level, but it also provides plenty of incentives for the individual to find a specific field to make a career in. Take advantage and ride the tech wave to a fulfilling, lucrative career.