Data Science is a rapidly growing field that has been dubbed the "sexiest job" of the twenty-first century by Harvard Business Review. The number of data science jobs has increased dramatically in recent years.
Over 2 million data science jobs were available in 2015 alone. These figures are steadily increasing, and the number of data science positions has increased dramatically in 2019. The statistics speak for themselves. However, how is data science in demand?
The answer is simple: more employers are looking for qualified data scientists to assist them in generating insights from data. Industries require employees who are specialised in handling large amounts of data that are generated on a daily basis in order to handle the large amount of data that is generated.
Obtaining a Data Science Training vital for upskilling and staying current in the workplace.
To the industries, data can be compared to crude oil. The data collected is in its raw form. This data is then processed and transformed into a variety of useful products for users to use. As a result, the demand for data scientists is greater than ever.
The massive skill gap in the industry contributes to the high demand for data scientists. While many new jobs in data science are created every day, the majority of them remain unfilled.
This is due to a significant shortage of data scientists. As a result, there is a salary bubble, with qualified data scientists commanding high salaries.
In the figures that follow, we will see how data science has created lucrative career opportunities and established itself in a variety of industries around the world.