Logo Icon

Explore Fastest Growing STEM Careers in 2024: High-Paying Job Opportunities:

Author : Pooja Manchanda

July 12, 2024

SHARE

Reader’s Digest: Could you picture a world without technology? Have you ever thought how things might turn out in five or even ten years for your job in STEM? Discover some of the fastest growing careers in STEM

We engage with the field of STEM from the moment we get up until we go to bed. STEM fields encompass a wide range of professions, many of which are in great demand and offer good salaries. Included in this are some of the fastest growing STEM careers, which continue to expand due to groundbreaking innovations and discoveries. 

  • STEM fields are still being advanced and new job titles are being created by groundbreaking innovations and discoveries.
  • STEM (science, technology, engineering, and mathematics) occupations are predicted to expand by 15% between 2021 and 2031, according to recent data. 
  • Despite tens of thousands of layoffs this year, jobs in the STEM fields are still in great demand. By 2031, it is anticipated that employment in STEM fields would grow by around 800,000, with careers in mathematics and computers accounting for more than half of this growth. 

Topics to be covered 

  • What Are Some Emerging Technologies in the Fastest Growing STEM Careers? 
  • Fastest Growing STEM Careers across a range of disciplines 
  • STEM Careers by the Numbers

What Are Some Emerging Technologies in the Fastest Growing STEM Careers? 

The boundaries between the four STEM disciplines—science, technology, engineering, and math in particular—continue to be blurred by emerging innovations, including the fastest growing STEM careers. 

Here are a few instances of cutting-edge STEM innovations: 

Robotics: A robot is a machine that can move on its own, sense its surroundings, and react appropriately. 

Artificial intelligence (AI) is computer software that simulates reasoning, learning, problem-solving, and other aspects of human intelligence.

Nanotechnology is the application of science and engineering together to manipulate matter at almost atomic scales. Numerous things, including consumer electronics and medical devices, can be made using nanotechnology.

The term "Internet of Things" describes the network of objects, such as light bulbs, that are normally not connected devices but are instead linked to the Internet. This is frequently done for amusement or convenience. 

Check Out: Career in Data Science and Artificial Intelligence

Attend a Demo Counselling Session with UDAAN Career Coach

Fastest Growing STEM Careers across a range of disciplines 

Fastest-Growing STEM Careers in Science 

Fastest-Growing STEM Careers in Science #1: Biochemist 

A biochemist advances environmental science, agriculture, medicine, and the fastest-growing STEM careers by investigating the chemical processes that occur within living things. They study biological materials, carry out tests, and create novel cures or goods. 

Category Details
Responsibilities Works with other scientists, conducts lab experiments, evaluates data, and produces research papers. Creates and evaluates novel pharmaceuticals, agricultural items, and biotechnological uses.
Average Salary Rs 5-9 LPA
Projected Job Growth 15%

Read More: STEM Technology Careers

Fastest-Growing STEM Careers in Science #2: Epidemiologist 

An Epidemiologist investigates the patterns and causes of diseases in populations to improve public health. They collect and analyze data, design studies, and develop strategies to prevent and control diseases. 

Category Details
Responsibilities Conducts field research, analyzes statistical data, writes scientific papers, and advises on public health policies. Monitors disease outbreaks and evaluates the effectiveness of health programs.
Average Salary Rs 11-25 LPA
Projected Job Growth 26%

Check Out: List of Career Options in Biology after 10th in 2024

Fastest-Growing STEM Careers in Science #3: Physicist 

A physicist conducts experiments and creates hypotheses to explain physical occurrences as they investigate the underlying ideas of the universe. They are employed in industry, academia, and research facilities, among other fields. 

Category Details
Responsibilities Creates theoretical models, plans and executes experiments, evaluates data, and disseminates research findings. Uses expertise to create new technologies and find solutions to real-world issues.
Average Salary Rs 7-12 LPA
Projected Job Growth 8.2%

Read More: List of Highest paying careers in Physics

CAT Online Coaching

CAT Online Coaching

Fastest-Growing STEM Careers in Technology 

Fastest-Growing STEM Careers in Technology #1: Computer Scientist 

A computer scientist advances technological innovation by designing and developing software, algorithms, and computing systems. To tackle challenging computer issues, they operate in a variety of domains, such as software development, cybersecurity, and artificial intelligence. 

To work as a computer scientist, you must have a bachelor's degree in computer science. A higher degree will be necessary for advanced roles. 

Category Details
Responsibilities Works with other IT specialists writes and tests code, creates algorithms, and conducts research. Designs solutions and analyzes computational challenges, while keeping up with the latest developments in technology.
Average Salary Rs 21-30 LPA
Projected Job Growth 21%

Check out: Highest Paying Careers in Computer Science in India 

Fastest-Growing STEM Careers in Technology #2: Software Developer 

Systems, programs, and applications for software are developed and maintained by software developers. They create, develop, test, and implement user-centered software solutions across a range of sectors.

Software developers may work as project managers overseeing programmers or they may be directly involved in writing code.

Category Details
Responsibilities of a Software Developer Writes and tests code, works with stakeholders and other developers to solve software problems, and upgrades software to suit evolving requirements. Offers technical support for software programs and documents development procedures.
Average Salary Rs 7-12 LPA
Projected Job Growth 25%

See: Highest Paying Computer Careers

Fastest-Growing STEM Careers in Technology #3: Computer network architects 

Local area networks (LANs), wide area networks (WANs), and intranets are among the data communication networks that a computer network architect develops and constructs. They guarantee dependable and secure network functionality to facilitate organizational functions. 

Category Details
Responsibilities Designs network architectures, implements and maintains network hardware and software, ensures network security, assesses organizational needs. Diagnoses problems, upgrades systems, and monitors network performance to keep up with changing needs.
Average Salary Rs 12-28 LPA
Projected Job Growth 4.3%

Learn: List of Highest Paying IT Careers

Fastest-Growing STEM Careers in Technology #4: Data Scientist 

A data scientist uses statistical methodologies, machine learning, and data visualization techniques to evaluate data and assist businesses in making well-informed decisions. 

Category Details
Responsibilities Organizes experiments, develops prediction models, produces insights, cleans data, and produces data visualizations to convey results.
Average Salary Rs 12.5 LPA
Projected Job Growth 36%

Read More: How to Start a Career In Data Science In India 

Fastest-Growing STEM Careers in Engineering

Fastest-Growing STEM Careers in Engineering #1: Biomedical Engineer 

A biomedical engineer designs and develops healthcare devices, software, and equipment by fusing engineering concepts with biological and medical sciences. Their goal is to raise the standard and efficacy of patient treatment. 

In addition, they create software applications and computer systems that power these. Working at the nexus of science, medicine, engineering, and technology are biomedical engineers. 

Category Details
Responsibilities Works with medical specialists to build medical devices, conducts research, tests and assesses equipment. Focuses on innovations to enhance healthcare solutions, guarantees regulatory compliance, and offers technical assistance.
Average Salary Rs 5-12 LPA
Projected Job Growth 10%

Learn: Highest Paying Biomedical Careers

Fastest-Growing STEM Careers in Engineering #2: Industrial Engineer 

Industrial engineers create procedures and systems to improve business productivity. In addition to saving businesses money and time, this frequently makes them more sustainable.

Improving distribution and manufacturing are major areas of interest for industrial engineers. They are employed in various areas, such as the service, manufacturing, and logistics sectors.

Category Details
Responsibilities Creates management control systems, builds effective systems, executes quality control procedures, and examines workflows. Assesses production costs guarantees safety regulations, and works with other experts to increase overall productivity.
Average Salary Rs 3-7 LPA
Projected Job Growth 10%

Read More: List of Career Options After 10th in Engineering

Fastest-Growing STEM Careers in Math 

Fastest-Growing STEM Careers in Math #1: Actuary 

Actuaries estimate the probability of various financial events using models and analytical math methods. The insurance sector employs most actuaries. A bachelor's degree in actuarial science, business administration, or a similar discipline is typically held by actuaries. 

Category Details
Responsibilities of an Actuary Analyzes statistical data, designs and tests financial models, evaluates insurance policies, and advises on investment strategies. Provides risk management solutions and ensures compliance with regulatory standards.
Average Salary Rs 7-15 LPA
Projected Job Growth 21%

Check Out: Science STEM Careers

Fastest-Growing STEM Careers in Math #2: Mathematician 

A mathematician studies new mathematical concepts and applies mathematical ideas and methods to solve practical issues. They are employed in governmental, commercial, academic, and scientific sectors. 

Category Details
Responsibilities Creates and validates mathematical ideas, examines data, creates computational strategies, and uses mathematical approaches to address real-world issues. Works in conjunction with other experts and scientists to promote research and innovation.
Average Salary Rs 7-13.5 LPA
Projected Job Growth 31%

See: Highest Paying Career in Finance

Fastest-Growing STEM Careers in Math #3: Statistician 

To assist in resolving practical issues in a variety of fields, including business, government, engineering, and healthcare, statisticians gather, examine, and interpret data.

After creating surveys, tests, and opinion polls to collect data, they employ statistical techniques to examine the information and make inferences. 

Category Details
Responsibilities Collects and analyzes data using statistical software to identify trends and patterns. Develops and validates mathematical models to predict future outcomes and behaviors. Presents findings through reports, charts, and presentations, making complex data understandable for stakeholders.
Average Salary Rs 3-8 LPA
Projected Job Growth 32%

Watch a Career Guidance Webinar by UDAAN Career Coach

STEM Careers by the Numbers 

Fastest-Growing STEM Careers  

Careers with the highest projected growth for 2021 to 2031, according to the BLS: 

  • Data scientist 
  • Information security analyst 
  • Statistician 
  • Web developer 
  • Software developer 

Highest-Earning STEM Careers 

The five careers with the highest mean annual wage: 

  • Computer and information research scientist 
  • Database architect 
  • Software developer 
  • Computer network architect 
  • Actuary 

Most Popular STEM Careers 

STEM occupations with the highest employment as of May 2022: 

  • Software developer 
  • Computer user support specialist 
  • Computer systems analyst 
  • Network and computer systems administrator 
  • Software quality assurance analyst or tester 

CAT Online Coaching

CAT Online Coaching

Conclusion 

  • The quick rise in STEM employment, including the fastest growing STEM careers, provides a window into a world full of development and innovation. 
  • There are unmatched opportunities due to the growing demand for specialists in science, technology, engineering, and mathematics, especially in the fastest growing STEM careers. 
  • It is anticipated that between 2021 and 2031, the STEM professions would grow by 15%, adding almost 800,000 new jobs, prominently featuring the fastest growing STEM careers. 
  • The barriers between STEM fields are becoming hazier due to emerging technologies like robotics, artificial intelligence, and nanotechnology. 
  • Examining rapidly expanding STEM professions puts people in the vanguard of global problem-solving and technology innovation. Examples of these professions include software developers, biomedical engineers, and data scientists.

Frequently Asked Questions

Which STEM fields are expanding the fastest?

Expand Faq Icon

How can I pursue a STEM career?

Expand Faq Icon

What is the hardest stem career to get into?

Expand Faq Icon

In 2030, which jobs will be in demand?

Expand Faq Icon

Is it important to teach about Computer Science, or STEM, in school? What about students who aren’t interested in a STEM career?

Expand Faq Icon

What professional and personal qualities are necessary for a STEM career?

Expand Faq Icon

Which degree is best for a data scientist?

Expand Faq Icon