Job Growth Statistics In Data Science Career
As per the annual job ranking list by the U.S. News & World Report, Data Scientists remains a top tech career, offering lucrative salaries, a healthy work-life balance, and growth opportunities. Besides, Data scientist has secured the third position in the list of 50 best occupations in the U.S. and sixth position as the best STEM job. The Bureau of Labor Statistics (BLS) has forecasted 30 to 35% employment growth in Data Science from 2020-2023. It has been estimated to create 11.5 million new Data Science jobs by 2026. Considering these job growth statistics, pursuing a Data Science career track seems a safe bet. Let us guide you if you are also thinking of setting your foot in the door of Data Science technology.
Data Scientist Career Outlook
In this highly digitized and data-driven era, the ability to work with gigantic amounts of data and make sense of it has become extremely important. As companies continue to deal with complex structured and unstructured data, the demand for skilled Data Scientists is expected to increase.
A Data Scientist is a tech professional who applies various areas of expertise like statistics, mathematics, programming, and computer science to draw meaningful insights from large volumes of data. Thus, helping companies make better decisions.
The escalating demand for Data Scientists has become the driving factor for the sky-rocketing salaries of this position. Data Scientists get an average salary of $70k to $160K per annum in the US. So, starting a Data Scientist career can increase your income potential.
What has led to the increased demand for Data Scientists?
Not only are the tech giants like Amazon, Netflix, Facebook, Google, and Apple hiring Data Scientists, but even startups and mid-scale companies are responsible for driving the need for Data Science professionals. Since data-driven decision-making helps companies improve transparency, credibility, accountability, and customer experience, more and more organizations are harnessing solutions based on Data Science. It has ultimately led to the surge in demand for Data Scientists. For this reason, the enrollments in the Data Science course are on the rise.
Skills required to launch a Data Science Career
As someone wanting to become a Data Scientist, you must attain a certain skill set regardless of your role. The following are the essential skills every Data Science aspirant should be proficient in:
Data Analytics & Modelling
Since Data Science demands competency in many technical and non-technical skills, it isn't a field that someone can master through self-learning or a casual Data Science course. Thus, one needs to take professional-led Data Science training that can equip you with basic to advanced level skills from scratch.
The demand for Data Science professionals will significantly increase in the next decade. The U.S. Bureau of Labor Statistics (BLS) estimates 22% career growth by 2030, which is way higher than the 7.7% projected growth for all occupations. Hence, gaining Data Science literacy can be a lucrative career move.
Reach out to SynergisticIT to get a structurally-designed Data science career track. It offers extensive training and well-rounded knowledge of cutting-edge technologies like Machine Learning, AWS, Data Science, and Python. It provides the necessary skills and knowledge to start a remunerative tech career. Enroll now to get started today!