Demand for Software Engineers Grows by 17%

by | May 30, 2017 | Jobs Featured

The demand for software engineers and IT specialists is growing. According to the Bureau of Labor Statistics, there is a steady increase in the number of software developers absorbed by the market. This increase represents more than 180,000 new jobs and will continue to grow until 2024.

The growth is also noted as being faster than average. The average market growth in other fields is at around 5% at the moment, which means the 17% increase projected by 2024 is a big step forward. There are several reasons why demand continues to rise.

More IT Implementations

It is no secret that IT is not the core of most businesses. Companies rely on various solutions to operate more efficiently. The available solutions answer problems and operational challenges faced by small businesses and large enterprises alike.

Companies are starting to focus on developing their own in-house IT support teams, which is why positions for qualified software developers are easy to find these days. These teams are set up not only to do in-house development of software and apps but also to oversee the long-term IT roadmap in larger companies.

There are also companies who are just getting started with their own IT implementation projects. These companies need someone to oversee their entire IT infrastructure as it is being built, so we’re also seeing a rise in the number of mid- to top-level IT management positions in the market. Corporations are seeking masters in software development degree holders to fill these key positions.

A Responsive Education System

The education system is responding to the increasing demand and helping students acquire the necessary skills and credentials to fill important positions in the market. Top universities such as Maryville University are making their MSSD online programs available to more students across the country. Online programs are also helping professionals pursue the higher degree and qualifications they need to acquire better jobs.

At the same time, updates to the IT curriculums are helping students get more relevant skills and develop an even bigger advantage. Online courses tend to be more flexible than their offline counterparts, allowing the programs to be fine-tuned to better meet market demands. These small changes to the courses are helping online students stay up to date with the latest market requirements.

Faster Growth to be Expected

Let’s not forget that IT solutions are penetrating other fields in the market. IT implementation has been the headline of the healthcare industry for a couple of years. The same can be said for retail and manufacturing; in both of these fields, the use of technology is enabling an unprecedented level of efficiency and improved customer experience.

These new developments are clear signs that the demand for software engineers and IT specialists is only going to get bigger in the future. There is no better time to enter this field and pursue a higher degree in IT or software development than today. By the time students complete their courses, they will have the entire market at their feet.

Share This