Making a successful career in the software industry comes with many benefits. So the people from different backgrounds are rushing in it to make the transition and earn good money. The data science master’s degrees have now become highly popular. Online courses are available for the students or working professionals to get the certification done under the job market. But despite all these people nowadays have become a lot confused about the field. There have been some articles that mention data science as dead. Some people even believe that data science was just the passing trend that would get the hype and fall soon before another field occurs. But you must know this won’t fade away. The industries are increasingly using data science for regular operations to make things worthwhile for their customers. Suppose you are not sure if data science is the right career option or not, then make sure to check the guide. It has provided all the information that will clear your mind.
Demand
About ten years ago, there were only programmers and designers. No doubt they had a great salary, but things have changed since the supply caught up with the demand. However, things are different with data scientists, as the demand is still quite high. There are three reasons why data scientist is among the top jobs option. No doubt the demand is high in the market, which will not come down any time soon.
The Flow of Demand
To be clear, the demand for experts comes from data-driven decision-making. To be a successful company in this competitive world, one needs to use expert help. The advantage, no doubt, are many for the companies. To do things and excel, the experts analyze data, but anyone can access and use the data fetching tools like Google Analytics, Python, Power Bi, etc.
All the big companies globally are now data science field enterprises. Be it Google, Facebook, etc., each of them uses data science to create algorithms that can help improve customer satisfaction and maximize profits. But in the end, the major reason the demand for a data scientist is still high is that the competitors are all relying on data-driven decision-making. So if your company is not using it, the competitors can easily steal your market share. So the companies now have to employ data science tools to simplify the workforce in delivering the right to the customers.
Supply
Despite such great demand, the supply is quite low in the industry. Despite it being 2022 the data science field is relatively new. You must know about 20 years ago; it was quite impossible to learn data science because of the low computational primitive language programming or internet speed. As the years have gone through, the computer powers have increased greatly, and data science has made it possible. However, the interest and the growth of the field were not easy to protect. Besides, additional education was needed for those who are interested in the field. There were very few programmers who were educated and wanted to be data scientists. The research even suggests that those who got into the field usually transitioned from other fields like life science, business, etc. They have learned their skills through self-preparation.
Supply takes off Employment
Undoubtedly, getting into the data science industry brings the great advantage of starting a career path. There are wide job options for qualified candidates. The data science job remains open five days longer than the other option. This shows that there is less competition. Thus the recruiters take extra time to find the right candidates. The candidates are in luck as generally, most of them need a bachelor’s degree to get employment. No doubt the supply has led to 61% of data scientists being positioned with a bachelor’s degree while the next 39% needs a master’s degree or a Ph.D. to get the job.
Growth
You must know by now that there are great data science jobs. As per LinkedIn, there has been about a 650% increase in the jobs since 2012. The number is keeping on increasing. No doubt covid might have affected industry, but in reality, the tech jobs have been quite a in demand during a pandemic. Despite the offices being shut down, there was a great requirement for the people in the software industry. The demand for data scientists will continue to grow for years to come, and in fact, the stats show that there can be a strong surge in the data science field, and the job numbers will increase by 28% by 2026. So in the long-term, it would be quite a good option to go for data science as a career move. The field includes relative positions in data analytics, engineers, research engineers, and more. But in the end, your certification will come in handy and show you have a chance of getting a good job.
Conclusion
The demand for the data science industry will keep on growing. As a result, there has surely been a rise in the need for those who wish to work in the business. So if you are planning to get a job, then the best you can do is take a certification course that helps you get a better understanding of every minor aspect and a satisfactory job. So you can consider taking an online certification course with Karthik Trainings. With their expert help, you will be able to acquire all the skills and knowledge about the industry that will provide great results for you. Moreover, you will be able to negotiate about the salary with the company when you have a good certification. So make sure you visit the website to understand the course options and begin at the right time.
