What is Scope of Data Science in India

Data science has a very good scope in India. A report says that the statistics even increased in 2020. They estimated the open positions in data science at 2.9 million. Demand is growing as always and in the near future, it is said that companies need more data scientists. The need will increase and can never decrease.

Did you know that Flipkart has 700 vacancies for data science and other technical areas? In addition, Amazon, Netflix, and many of these large companies have massive demand and job opportunities for data scientists.

Data science is seeing an increase in jobs worldwide. India is one of those countries where there is a data explosion. The scope of data science in India and the need for IT professionals to improve their knowledge of data science are increasing.

India is the canter of the software and information technology industry. There is a new era of data and it professional is upgrading their knowledge on data. We can say that the IT industry is going to change with data science.

Data Science Career of the Future

Data science has been declared as the sexiest job of the 21^st century. There is a massive data revolution that has transformed around the world. Now data has become the fuel of the IT industry. Earlier most of the companies would rely on the experience to make major decisions. But after coming data science it becomes easy for the industry to make data-driven decisions. Now the industry can able to take decisions by using data science.

The industry can easily analyze the market by using data science. They can take the decision and analyze the risk involved decision. Data science has brought rapid growth in the industry to minimize industry loss.

Due to this, the demand for data scientists has increased in the IT industry. Therefore, data science has become a career in the future.

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The career of Data Science in India

In India, most of the start-up companies have shifted their traditional software development work to data science. They know that data science can make their development work so easy. With this, they can easily analyze their data workflow and can manage their work according to that. In India, there is a huge scope of data science. People are moving to this technology and making their careers in data science.

A data scientist has a deep learning curve. This technology includes various disciplines like mathematics, statistics, and computer science. You should have analytical thinking to become a data scientist. A full-fledged data scientists are those who proficient in these fields.  Due to the very high learning curve there are very few data scientists available in India. The industry needs those candidates who are proficient in these skills and can fulfill their requirements.

India is the second country after the United States of America where there are many universities available that provide degree in data science. As a result, there are very few candidates who process this degree. So there is a lack of data science roles.

 As I already told that various start-ups have emerged with the data science technology. Due to lack of this role, these companies are finding difficulties to get the right candidate for their business. Data science jobs have increased to 45% compared to last year. This figure will give you an idea that how much data science role increased in India.

Salary Demands by Data Scientist

A data scientist gets a huge salary in India. As everyone knows that there is a huge gap occurs between the demand and supply for the data scientist candidates. So because of the lack of data science candidates in India so there are more chances to get a high salary for these roles.

According to earnings data scientists in India are earning more salary rather than other IT positions. The average salary of a data scientist in India is 6,50,000 while other It roles average salary is 4,50,000 which is very high than other positions. That is why data science has a very good scope in respect of salary and added privileges. If you want to check the proper salary of a data scientist then you can go through what is the range of data scientist salaries in India.

 

Redefining Traditional Roles

With the advancement of automation and artificial intelligence, the roles are reducing. The roles like IT administrator, testing, database managers have found several years but due to artificial intelligence, these roles are decreasing day by day. Moreover, Indians IT workers are getting affected due to their skills gaps stated by the IBM chief Ginni Rometty.

These job losses in the computer industry are known as "digital bloodbath" and have hit the Indian IT workforce immensely. This is a challenging issue that requires special attention from employees to improve their skills and keep pace with the needs and requirements of the IT industry.

To do this, employees need to be familiar with the technology of the future - data. There is a huge field of activity for data in India - not only for data science but also for data analysis, big data engineers, big data managers, and data architects. If only the demand for data scientists is very great, imagine the demand for all of these roles together! The need for data scientists and other data-related professions is greater than ever. Therefore, data science in India can be seen as a new direction for people to build their careers for long-term benefits. It is clear that data science is very extensive in India.

Conclusion

In this article, we have described how India is seeing a massive increase in its data science jobs. We also understood various factors that are driving the need for data scientists. We also discussed why the position of data science brings high salary bonuses. We also discussed the "digital bloodbath" that has changed our IT industry and how a career in data science can promise a stable future.

 Near Learn is one of the best data science training institutes in Bangalore that provides the best education in Bangalore.