As per Harvard Business Review, Data Scientist is the sexiest job of the 21st century. With the growing demand in the market with fat salaries, Data Science is becoming the problem solver for businesses.
As per AIM research, more than 1.5K Data Science professionals working in India are getting paid more than 1 crore per annum. The average salary for a Data Scientist in India is more than 6 LPA while as your experience & skills grow, your earnings rise dramatically when you reach a senior level.
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Why & Where Do We Need Data Scientists?
Data Science is an evolving domain because of the increasing demand for data around the world. According to a study, Data Scientist is being the most demanding job of the 21st century. Data being the most valuable asset to a company, Data Science professionals play a very important role in growth.
Data Science has dominated almost all the industries of the world. There is not a single industry that doesn’t use data. Data engineers are needed in various industries like banking, healthcare, finance, manufacturing, transportation, commerce, and education.
This infographic will show you the industries which are hiring the most Data Science professionals:
It turns out that Data Science professionals are happier than professionals in other job profiles. In other words, you can say that “Money does buy happiness”. data scientists rate their career happiness 3.3 out of 5 stars which puts them in the top 43% of careers around the globe.
According to a study by Busiesswire, the BigData market to reach $243.4 billion by the year 2027.