Why Information Technology?
Global cybercrime costs are projected to grow by 15 percent per year over the next five years, reaching US$10.5 trillion annually by 2025, up from US$3 trillion in 2015. The imperative to protect increasingly vulnerable digitized businesses, Internet of Things (IoT) devices, and consumers from cybercrime will skyrocket global spending on cybersecurity products and services to US$1.75 cumulatively for the five-year period from 2021 to 2025, according to Cybersecurity Ventures. Cybercrime costs include include damage and destruction of data, stolen money, lost productivity, theft of intellectual property, theft of personal and financial data, embezzlement, fraud, post-attack disruption to the normal course of business, forensic investigation, restoration and deletion of hacked data and systems, and reputational harm. Every IT position is a cybersecurity position and every IT worker, every technology worker, getting involved with protecting and defending apps, data, devices, infrastructure and people from this catastrophe. With this the world will have 3.5 million unfilled cybersecurity jobs by the end of 2021 and this opens huge opportunity for Cyber security related training and certifications.
The Indian interior design market was valued at USD 23.2 billion in 2020, and it is expected to reach USD 38.2 billion by 2026, registering a CAGR of 7.4%, during the period of 2020-2026. Rising income levels, urbanization, faster adoption of new trends through social media platforms displaying interior design trends, the growing popularity of smart homes, and changes in lifestyles and standards, have contributed to this growth in India’s interior design market. Increasing investments in real estate in commercial properties in Tier 1 and Tier 2 cities. India is expected to become the world’s third-largest construction market in the near future. Additionally, the enormous volume of construction work, with a significant rise in the co-working space and building of public infrastructure and new generation homes and infrastructural elevations are driving this growth. All these project a huge potential for Interior Design professionals and architects in India in days to come.