Why data science is a good career option?

Data Science

Data Science: Hottest Career of the 21st Century

Data Science is one of the most popular job possibilities today for those with a foundation in technology. This field of work will continue to exist given the speed at which the world migrates to digital operations for all tasks, large and small. This is the reason why IT professionals as well as recent grads are choosing data science courses.

According to a survey, the $3.03 billion in recent years that now makes up the Data Science industry is predicted to double in size by 2030. Data science has altered the usual standard of producing products for the customers, from relevant and personalized recommendations for OTT platforms to self-driving automobiles, from recommendation systems used by E-commerce websites to humanoids. To fully utilize data scientists’ analytical capabilities, organizations rely on data scientists. By monitoring, tracking, and documenting performance indicators and other pertinent data, they enable better decision-making processes.

By 2030, 3,00,000+ Data scientists would be needed in a variety of sectors, including the banking, financial services, and insurance (BFSI) industry, media, and entertainment, healthcare, retail, telecommunications, and automobile, among others, with an increase of 3400 positions each month. Get the chance to collaborate with renowned companies like Google, Amazon, Netflix, Meta, Apple, Deloitte, IBM, and Accenture, among others.

According to PayScale, the average data scientist’s salary in India is Rs 70,000/-. An above-average salary can be attained by having knowledge in Python, R, and statistical analysis. By 2030, it’s expected that there will be an increase in the number of data scientists working in fields including full-stack data science, machine learning, data engineering, and infrastructure.

 

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