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Is data science an in demand field?

Posted on August 19, 2022 by Author

Is data science an in demand field?

A predicted 2.7 million open jobs in data analysis, data science and related careers in 2020 (source: IBM). 39\% growth in employer demand for demand for both data scientists and data engineers by 2020 (source IBM). An average earning potential of $8,736 more per year than any other bachelor’s degree jobs (source: IBM).

Is data scientist a good career in India?

Data Science was crowned as the “sexiest job of the 21st century”. It is still one of the highest paid jobs in India as well as the world. The average salary of a data scientist in India is ₹1,000,000/year whereas the average salary of a software engineer in India is ₹540,000/year.

Is data scientist still in demand?

Data science is a popular and lucrative profession, and despite pandemic-era slowdowns, it’s still one of the sexiest jobs around. Understanding why the field of data science is growing will help to see where data scientists can make the most of their opportunities. …

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Is data science in demand in India?

The reason: data scientists are in huge demand and there are not enough of them to fill vacancies. There were as many as 93,500 data science job vacancies in India at the end of August 2020 for the want of relevant profiles, according to the latest report on analytics and data science jobs by Great Learning.

Is data scientist still in demand 2021?

So is data science still a rising career in 2021? The answer is a resounding YES! Demand across the world for Data Scientists are in no way of slowing down, and the lack of competition for these jobs makes data science a very lucrative option for a career path.

What is scope of data science in India?

Data Scientists: Average Salaries

Job Profile Annual Package (In Rupees)
Data Scientist 3,37,000 – 20,00,000
Software Developer 2,06,000 – 10,00,000
Sr. Software Engineer/Developer/Programmer 4,13,000 – 20,00,000
Senior Business Analyst 4,29,000 – 20,00,000
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What is future of data scientist?

You can think about the data increase from IoT or from social data at the edge. If we look a little bit more ahead, the US Bureau of Labor Statistics predicts that by 2026—so around six years from now—there will be 11.5 million jobs in data science and analytics.

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