The rapid advancement of financial technology and digitalization in Hong Kong's tech sector is increasing the demand for intellectual talent specializing in cyber defence, data analysis, and blockchain to an all-time high. Experts with experience in Artificial Intelligence (AI), Blockchain, Web Development, and Cybersecurity are in high demand in a variety of industries, including I&T, Supply Chain, and Sales and Marketing. Going back to the specific industries, here are the ones to watch out for when it comes to hiring tech talent in the nation:

Banking

According to a report titled the Hong Kong Salary Guide, the banking industry's growing emphasis on digitalization will accelerate tech talent demand in 2021. Professionals with highly desirable education and skillsets in the banking and financial sector will be capable of negotiating a larger wage when searching for a job. As per the salary guide, a financial officer can hope to receive up to HKD 1,300K per annum, while an accountant can expect a wage of up to HKD 660K per annum and a financial analyst can win remuneration between HKD 330K and HKD 430K per annum.

Healthcare

Because of its developed health services, Hong Kong has the greatest life expectancy in the world, and the nation anticipates an ageing society. This, in conjunction with rising health awareness, has up demand for healthcare services and products, prompting industry players to place a greater emphasis on hiring the right tech talent.

In the healthcare industry, technology plays an extremely important role. Smart hospitals and Telehealth are examples of technological advancements that offer inventive long-term solutions to the problems posed by rising service demand. According to a report by Payscale, a medical technologist in Hong Kong earns an average annual salary of HKD 386K, rising to HKD 993K with 5-7 years of experience.

Conclusion

The tech industry in Hong Kong is booming. The time is ripe for professionals and prospects alike to foray into the Information & Technology domain, considering the Government’s recent spearheading of development of the sector. However, if you plan on switching your career to any of the above technologies, it is best to complete a course from online bootcamps or to get a degree in order to get hands-on experiential learning of the required skills to make it in the industry.

If you are looking to springboard your career, sign up with Xccelerate today. Our short-term and long-term courses in Machine Learning, UI/UX Design & Development, Full-stack Development, Data Science, and Cybersecurity are carefully designed and laser-focused to help you jumpstart your tech career.

Tech Job Opportunities

To know more about the tech job opportunities especially in the Hong Kong market, visit Xccelerate’s platform ‘Job Board’ to see which companies are actively hiring! There are many big companies hiring such as; South China Morning Post, Delvify, Alibaba Cloud, Crypto.co and much more! Learn about the hiring companies, job positions, salary range, job descriptions and much more on Xccelerate’s Job Board.

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