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February 5, 2023
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Job seekers, want to build a stable career in tech in 2023? Check out these industries

Job seekers, want to build a stable career in tech in 2023? Check out these industries

Talk of a tech recession and mass layoffs across the sector dominated the headlines in 2022.

And while certain areas have contracted and companies have acted accordingly by reducing their workforces, various industries continue to go from strength-to-strength and have been bolstered by the growing demand for cloud-based technology, machine learning tools, blockchain technology, and the acceleration of augmented reality (AR) and virtual reality (VR) in our everyday lives.

Fintech’s future

The last 12 months have rocked the foundations of fintech—in May, Swedish BNPL fintech Klarna slashed 10% of its workforce, and in November Stripe announced it was laying off 14% of its staff, affecting approximately 1,120 of the fintech leader’s 8,000 strong workforce—but despite these attention-grabbing statistics, the sector’s future looks bright for 2023, thanks to the emergence of B2B fintech.

In fact, according to data compiled by Dealroom, fintechs selling to businesses have attracted €13.1 billion in investment compared to €3 billion for fintechs selling to consumers, the lowest figure B2Cs have commanded since 2015.

Cybersecurity is on the rise

The threat of online security breaches and hacking of personal information continue to inform the sector and cybersecurity is expected to grow globally by 14% before 2029. The need for more secure networks is also fuelling the demand for cloud-based data security as many organizations move away from network-centric security towards a multi-cloud strategy using two or more vendors.

And the job market can’t keep up—43% of organizations globally are struggling to find top talent, meaning an even greater reliance on automation and managed security tools.

A boost to blockchain

Cryptocurrency has traditionally dominated the blockchain space. But with experts predicting that the sector will add €5.67 trillion to the global economy by 2030 due to the mass adoption of Web3.0, a strong component of which is decentralized finance, a career in blockchain is a safe bet.

This is further bolstered by the technology’s infiltration into retail, media, and entertainment. Market Research Future also predicts that decentralized finance will become more prominent within traditional banking, financial services, and the insurance sector.

Artificial Intelligence (AI) is getting real

With machine learning and automation becoming increasingly important to service-based companies, AI software sales are booming and are forecast to increase even more.

According to data compiled by Gartner, the AI software market has increased by 21% when compared to 2021, and workers with AI experience, especially those in more senior or leadership roles, are in even higher demand.

AR/VR to become an everyday reality

While the Metaverse still appears to be very far from completion, augmented reality (AR) and virtual reality (VR) look set to infiltrate our everyday lives, especially for remote workers who are predicted to rely on AR and VR to help them connect with their teams.

In financial terms, GlobalData equates this to the AR market hitting €56.83 billion in 2023 before reaching €315 billion by 2028.

So, if securing your long term career goals by aligning your skillset with a more stable sector is on your agenda for 2023, The House of Talent Job Board is a pretty good place to start your search. Or why not check out the open roles at the three companies below, all currently hiring in the fields we’ve outlined above.

Raisin GmbH

Founded in 2012, Raisin GmbH is a fintech pioneer and allows financial institutions to set up their own marketplaces while also transforming their BaaS (banking as a service) solutions. In 2021, Raisin merged with the leading B2B deposits platform Deposit Solutions, forming one of the biggest open banking fintechs to come out of Europe, and further securing the success of the company into the future. If you’re interested in joining the company in its fintech endeavours, visit the Raisin GmbH Job Board today.

Google

Customers in more than 200 countries and territories turn to Google Cloud as their trusted partner to enable growth and solve their most critical business problems. A pioneer in cloud computing, Google also offers additional training via certification programs to help staff get the accreditation and knowledge they need to work on cloud technology. You’ll also be able to get access to some of the best working conditions and get practical experience in the field. View all opportunities at Google here.

Trade Republic

German securities trading platform and investment firm Trade Republic is on a mission to democratize wealth and uses blockchain technology to allow customers to invest in stocks, EFTs, and cryptocurrency. It’s currently hiring across various sectors including cybersecurity, machine learning, and data science. Find out more about how you can join the Talent Republic team now.

For more tech opportunities in forward-thinking companies, visit the House of Talent Jobs board today

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