Singapore Unveils Top 24 In-Demand Skills for Next 2 Years: Digital, Care, and Industry 4.0 Dominate
The Singaporean government has released a report forecasting the skills that are expected to be in high demand and transferable over the next two years. The report, published by SkillsFuture Singapore (SSG), highlights 24 skills from the digital, care, and Industry 4.0 sectors as the ones that will dominate in terms of growth and demand.
SkillsFuture Singapore based its findings on a statistical projection of past trends using data from the past 11 years. It excluded skills in the green industry due to the sector’s relative nascence. However, the number of green courses offered by educational institutes supported by SSG has nearly doubled, from 250 last year to 470 this year.
Minister of State for Education Gan Siow Huang emphasized that the green, digital, and care industries are areas of growth. With an aging population, rapid technological disruption, and efforts to green the economy, these transitions present both opportunities and challenges.
In the ever-changing landscape of skills, SSG’s skill analysis can assist individuals and enterprises in identifying their skill gaps and making informed investments in upskilling. The report indicates consistent growth in green skills over the past two years, with strong demand in emerging areas such as agrifood, sustainable finance, and carbon management. SSG also highlights that mandatory climate-related disclosure requirements will further drive demand for skills related to sustainable finance and carbon management.
The scarcity of digital talent and the high costs of adoption pose challenges for small and medium-sized enterprises (SMEs), according to SSG. As more businesses leverage data and artificial intelligence, it is crucial for individuals in technology-focused roles to keep up with the latest trends and continuously upskill to remain relevant.
The Singaporean government’s effort to outline the most in-demand skills reflects its commitment to fostering growth and addressing the country’s evolving needs. By focusing on digital, care, and Industry 4.0 skills, Singapore aims to capitalize on opportunities while equipping its workforce to confront the challenges of the future.
Overall, this report provides valuable insights for individuals and businesses in Singapore, allowing them to align their skill development efforts with the demands of the job market. As the nation continues to adapt to a rapidly changing economy, upskilling in the identified areas will be crucial for career success and organizational growth.
References:
– [SkillsFuture Singapore (SSG) report](insert link here)
– [Ministry of Education Singapore](insert link here)
– [Singapore Government](insert link here)
