Is there future in Data science?

927 4 minutes read

DATA SCIENCE’ is the popular Buzz word in today’s fast-paced world.

Due to this, most students taking up data science/Information technology assignment help and seeking a lucrative career in this venture ask these common questions –

Is Data Science specialisation worth it?
Does it guarantee a good career path?

The answers lie below. So, keep going!

Table of Contents

So, what’s all the Buzz About?

Over the years, the field of Data Science has surged in demand among eager students. The technology and innovation we see/experience/utilise are much more evolved and state of the art than they were a decade ago.

Plus, let’s not forget the inception, adoption and real-time application of Big Data.

Respective industry exponents routinely operate with massive volumes of data for conducting market research, business analysis and other data-oriented operations.

All these prospects have led to an exponential demand for talented and promising individuals possessing sound specialisation in it and IT.

With countless open positions in 2022 (and prospects of more in the near future), aspiring data science learners have every reason to rejoice and smile.

As Per Market Research for Job Prospects in 2022 (& beyond)

A highlighting aspect of It’s job prospects indicates – a whopping 30% spike in job positions as of last seen in April 2021.

Although it’s daunting to ascertain the precise no. of available positions, approximately 180,000 vacancies were available in April 2022.

Moreover, Data Science job prospects that plummeted by 20.3% during Covid-19’s 1^st wave (during March – June 2020) have also rebounded exponentially post-pandemic.

The figures, at present, show a substantial increase of 73.5% from 2020 (March) to 2022 (April). And the best part is that it isn’t showing any signs of stopping.

What About Career Prospects in India (2022)?

Another detailed market analysis revealed that- Data Science analytical job positions experiencing a sharp 30.2% spike in comparison to 2021 (April).

This was despite the slight descent of 3.8% in 2021 (between April and May) during the 2^nd Covid-19 phase.

Of its impressive 30.2% spike in job prospects, INDIA contributed to approximately 11.6% of the demand. Furthermore, this radicle increase was 9.4% more than what the country experience in 2021 (June).

This is good news for all its students aspiring for a stable and prosperous career.

Potential Data Science Job Prospects for Those Seeking a Career in India

Many Domestic IT, MNC and KPO sectors are offering several open positions to respective job seekers.

Most captive centres have undergone a massive rise in vacant positions simply as they emphasise on evolving their in-house tech-prowess by assembling more proficient, adaptable and flexible Data Science teams to operate in India.

Indexing top 9 organisations in India presenting Data Science & Analytical positions from 2022 April (onwards)

The names of those organisations are as follows –

IMB India
Dell International
Capgemini
eClerx Services
JP Morgan
United Health Group
Wells Fargo
Shell
Accenture

Furthermore, approximately 96.8% of Data Analytics/ Data Science jobs endorsed in and across India are full-time positions.

This bodes well for you if you seek open positions within national boundaries.

Top Job Positions Endorsed in India (2022)

Data Scientists
Big Data Analytics
Data Engineers
Computer Vision
Deep Learning
Statistician
NLP
AI/ML Engineer

Each job position comes with high salaries, growth potential and lots of scopes to boost your real-time Data Science application acumen.

Career Prospects Overseas

If you desire to work outside India and make a successful and long-sustaining career in Data Science, here are some potential designations to strive for.

Infrastructure Architect
Data Architect
Applications Architect
Business Intelligence Developer
Enterprise Architect
Data Analyst
Machine Learning Engineer
Data Scientist
Statistician
Data Engineer
Machine Learning Scientist

Prestigious Worldwide Companies Offering Data Science Jobs in 2022

Microsoft
Amazon
Google (Alphabet)
EY
Apple
VMWare
PwC
JP Morgan Chase & Co
Walmart
UBER
Splunk
Databricks
Numerator
Teradata
Cloudera
Alteryx
Civics Logistics
Open Text
Oracle
Silence
Accenture
Spins
SAS
MU Sigma
Orbital Insight
Acer Innovation
Cortex
Mix Panel
Cazena
Dimensional Insight
Qubole
StataCorp
Knime
Looker
Infantry
SnapLogic
ai
TEG Analytics

Data Science’s Contribution to Morphing Modern Society

Data Science is primarily the process of accumulating, storing, distributing and analysing chunks of data to help big organisations make data-driven decision-making.

Look around. Data Science is everywhere!

Every transaction, exchange or interaction taking place in a technological domain comprises a specific data series.

Whether you make purchases from Amazon, Flipkart or eBay, check feeds on Instagram, Facebook, or Twitter, or browse OTT platforms like Netflix – data is the driving force everywhere.

Even the simplest action of performing facial recognition or fingerprint scanners enabled by smart devices today involves a series of data.

Over the years, the contribution of it has been enormous. Many renowned breakthroughs like the Internet of Things and Artificial Intelligence have led to multiple technological advancements.

On many fronts, these appreciative advancements have proven to be a revelation to many tech-dependant individuals. It has made their lives easier and given them the scope to dig deep into several unchartered frontiers in the technology field.

What’s The Forecast for it’s Demand & Job Prospects beyond 2022?

According to the market forecast for its Job prospects beyond 2022: This exciting venture will transform into 6% of all jobs by 2023-2024.

Moreover, top global companies like Apple, IBM, Microsoft, Amazon (and many others) remain quite stoked about offering open positions to aspiring young talents wanting to make it big in this demanding yet booming industry.

Even market forecasting stats concur with this likely scenario. It estimates a substantial growth of 171% within 2025-2030.

To Surmise:

As an avid student of it, all these wonderful job prospects must instil you with confidence and motivation.

But to become eligible for these lucrative positions, you must complete your course training and ensure you have the academic marks to showcase your talents in real-time!

So, without procrastinating, stay dedicated to your course and do all that is within your power to ensure success comes to you.

Of course, your academic assignments can sometimes disrupt your study plans. If you are worried about your data science coursework, or need computer network assignment help– contact assignment writing experts to do it for you.

They are your best option for completing challenging academic assignments flawlessly without jeopardising your study time.

Noor sofa

927 4 minutes read