Increase in Data Science and Analytics jobs: Report

Analytics and data science jobs have witnessed a 30% surge in April FY22 as compared to April FY21 as per a report by Martius Learning. a professional education firm. The report ‘Analytics and Data Science Jobs in India 2022’ is an analysis of the job landscape in the country, how it was hampered by the pandemic, and the reasons behind its resurgence. 

In June FY21, India contributed 11.6% of the total open jobs as compared to the global number of 9.4%. This increased growth is attributed to various companies investing in analytics and data science capabilities, the shift of MNCs, domestic IT companies, and knowledge process outsourcing (KPO) companies in India, sizable funding for the AI and analytics-based start-ups in India, and job opportunities in captive centres. In addition, increasing data and the availability of advanced analytics tools and platforms have created new job opportunities in the industry and a larger number of companies are hiring talent in analytics and data science to scale their businesses.

For the fifth consecutive year, Bengaluru emerged as the top destination for analytics and data science professionals, with 51,149 open jobs, contributing 28.5% of the entire market, followed by Delhi and Mumbai. This uptick in jobs is also due to employees returning to work at a faster rate as compared to other cities 

Open jobs that require an experience of 5-10 years have witnessed 1.5x growth in FY22 (i.e 70,380 jobs) as compared to FY21 (48,270 jobs). Likewise, job opportunities offering salaries of 25-50 lakhs also recorded the highest YoY growth from 3,585 in 2021 to 18,776 in 2022, while those above the INR 50 lakh mark increased from 276 in 2021 to 5,472 in 2022. Of all such open jobs, almost one out of three jobs are for engineering graduates while every one out of four is for data engineers.