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Is data science a rising career?

Posted on August 25, 2022 by Author

Is data science a rising career?

Increasing demand for data science professionals Analysts predict that the country will have more than 11 million job openings by 2026. In fact, since 2019, hiring in the data science industry has increased by 46\%. Yet, around 93,000 jobs in Data Science were vacant at the end of August 2020 in India.

Is data science really a rising career in 2020?

2020 was the first year since 2016, Data Scientist was not the number one job in America, according to Glassdoor’s annual ranking. That title would belong to Front End Engineer, followed by Java Developer, followed by Data Scientist. Now being 3rd isn’t bad at all, in fact you’re still on the podium.

Is data science really the future?

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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Will data science go extinct?

Data Scientists will not go extinct in 10 years, but the role will change. About 70\% of KDnuggets readers think that the demand for Data Scientists will increase, and 50\% think it will increase significantly. At the same time, over 90\% think the role of Data Scientist will change.

Are data science jobs in demand?

While career growth may shift by industry and economic activity, the rise of data science is on an overall upward trend. With Glassdoor ranking data science as the #2 job in America for 2021, exploring demand trends within the field can only lead to beneficial insights.

Will data science disappear?

Obviously, Data Science can never go extinct. However, the titular positions and roles of Data Science will surely notice a dynamic change. In another decade or so, data-savvy industry domain specialists, business analysts, and field experts will become Data Science experts by getting trained in AI and ML.

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Is there a shortage of data scientists?

Despite an influx of junior level candidates, high pay data science skills are still in shortage. The highest-paid Data Scientists have highly specialized skills that set them apart from others in their field. These roles are in high demand but cannot be filled by undergraduates with no experience.

Is data science a good career to get into?

According to Glassdoor, in 2016 data science was the highest paid field to get into. Of course, this follows the basic laws of economics – supply and demand. The demand for data science is very high, while the supply is too low.

Is there a high demand for data scientists?

Demand is really high and supply is really low, so the salaries are still very high and people are very much willing to get into data science. Let’s explore the supply and demand for data science for a bit: Data driven decision making is increasing in popularity.

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What does a data scientist do?

A data scientist is a computer expert possessing skills for collecting, analysing, processing a large set of structured and unstructured data. In this time of computers, most organisations collect a considerable amount of data in their daily operations. Data Science is encountering a surge in jobs across the whole world.

How can I become a data scientist in India?

The fastest and easiest way is to become a prominent data analyst and upskill with whatever is necessary to become a data scientist. The more affordable way and the best is to pick a data science online course in India.

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