According to Markets & Markets.com, the data science platform market is predicted to increase at a 30.0 percent compound annual growth rate (CAGR) from USD 37.9 billion in 2019 to USD 140.9 billion by 2024.
Data is futile until it is transformed into useful information. Data Science is all about mining enormous datasets containing organized and unstructured data and identifying hidden patterns to generate meaningful insights.
Data scientists are the foundation of data-driven businesses. Data Scientists are responsible for extracting, pre-processing, and analyzing data. Companies can make better decisions as a result of this. Different businesses have different needs and use data in different ways. Finally, the purpose of a Data Scientist is to help organizations develop.
Computer science, statistics, inference, machine learning techniques, predictive analysis, and developing technologies are all part of the interdisciplinary approach of Data Science.
Is Data Science Really That Important?
Following IDC, global data will surpass 175 zettabytes by 2025. Companies can use data science to swiftly examine large amounts of data from a variety of sources and get valuable insights in order to make better data-driven decisions. Data science is used in a variety of areas, including marketing, healthcare, finance, banking, policy work, and others. This elucidates the importance of Data Science.
Who is a Data Scientist?
Data scientists are a relatively new breed of professionals who are currently in high demand. Data leads to LinkedIn and Facebook firms originated this term a few years ago. Today, we’re seeing a large influx of data scientist nerds working across a wide range of businesses. This demand developed from an unforeseen need for brains who could wrangle data and aid in the discovery of new knowledge, allowing businesses to make data-driven decisions. The digital revolution blew up at the same time. A data scientist’s role was to help companies tamper with petabytes of data in order to uncover insights.
Why Should You Learn Data Science?
Data Science is also the fuel that keeps today’s industry running. Data is required by industries in order to enhance their performance, expand their business, and deliver better products to their customers.
With the help of data scientists, businesses can make better business decisions. Companies rely on Data Scientists and make use of their expertise to better serve their consumers. This promotes Data Scientists to a significant position inside the company.
Job Roles in Data Science in 2022
- Data Scientist
- Data Analyst
- Data Engineer
- Architect of Data
- Machine Learning Specialist
- Machine Learning Engineer
- Business Intelligence Developer
- Data Architect
Pursuing a career in data science is a wise decision, not just because it is fashionable and lucrative, but also because data might be the pivot point around which the entire economy revolves.
Also, take a look at the 2022 Demand for Data Science and AI Professionals: https://datamites.com/blog/demand-for-data-science-and-ai-professionals-in-2022/
Glassdoor has ranked data scientist as the number one job in the United States for the past four years. Furthermore, according to the US Bureau of Labor Statistics, demand for data science skills will fuel a 27.9% increase in employment in the industry from 2016 to 2026.
Indeed, data science as a career path is now more profitable than it has ever been, predicting a promising job market for 2021 and beyond.
What are the Different sorts of Data Science Certifications?
Certifications in data science can be extremely useful for individuals who want to pursue it as a career. However, the certification does not come easily; it requires a greater level of effort and understanding on the part of the candidate.
The following are some of the most popular Data Science courses:
- Certified Data Scientist
- Data Science Foundation
- Diploma in Data Science
- Statistics for Data Science
- Data Science with R Programming Course
- Python for Data Science
- Data Science Associate
- Certified Data Scientist Operations
- Data Science for Managers
- Certified Data Scientist HR Course
- Certified Data Scientist Finance Course
- Certified Data Scientist Marketing Course
Check out our article on Data Science for freshers, working professionals, and managers: https://datamites.com/blog/data-scientist-career-path-fresher-working-professionals-and-managers/
What is the duration of Data Science Training?
The duration of Data science certification training varies depending on the certification you choose and the training provider. Although the training can take anywhere from two weeks to a year to complete.
What is the Data Science Course Fee in 2022?
The cost of earning a Data Science certification depends on the course level and the institution where you enroll. Data Science certification training is available from DataMites in three formats: online data science training, classroom, and self-learning.
- DataMites Data Science Training fee in the USA ranges from 150 USD to 1200 USD
- DataMites Data Science Training fee in Europe varies from 100 Euro to 1100 Euro
- DataMites Data Science Training fee in UK varies from 100 GBP to 700 GBP
- DataMites Data Science Training fee in India varies from 10,000 INR to 88,000 INR
- DataMites Data Science Training fee in UAE varies from 860 AED to 6,470 AED
- DataMites Data Science Training fee in Singapore varies from 250 SGD to 3,000 SGD
- DataMites Data Science Training fee in Canada varies from 250 CAD to 3,000 CAD
- DataMites Data Science Training fee in Malaysia varies from 850 MYR to 7,720 MYR
- DataMites Data Science Training fee in South Africa varies from 3,000 ZAR to 31,000 ZAR
- DataMites Data Science Training fee in Philippines varies from 10,000 PHP to 84,000 PHP
- DataMites Data Science Training fee in Australia varies from 280 AUD PHP to 2,570 AUD
It all depends on the course and mode of training you choose.
Data Science Skills
Data science will benefit from skills such as data analysis, statistical knowledge, data narrative, communication, and problem-solving.
Python, R, Excel, C++, Java, and SQL are all desirable skills. However, you may always improve yourself by learning the fundamentals.
Data Scientist Salary
As per Glassdoor.com,
- The national average Data Scientist salary in the United States is USD $1,17,212 per year.
- The national average Data Scientist salary in Europe is 104,309.30 EUR per annum.
- The national average Data Scientist salary in India is INR 9,10,000 per year.
Not only is there a significant demand for data scientists, but there are also many different types of positions accessible. The demand for data scientists is expanding rapidly, and there is a significant supply shortfall. There are many unfilled job positions all around the world due to a dearth of necessary skill sets. This is a great opportunity to enter this market due to the significant lack of talent. And the salary package even for freshers is incredible!
Data science is one of the fastest-growing fields. It has become a vital component of practically every industry. It offers the greatest solutions for meeting the problems of ever-increasing demand and ensuring a sustainable future. The demand for a data scientist is increasing as the value of data science grows. Data scientists are the world’s future.
Do you want to take up Data Science?
Data Science is a fantastic alternative for people who want to dive into the world of data, sift through it, and obtain useful and efficient insights to help them spread successful actions. If you are a newcomer, the Certified Data Scientist Course is the perfect option for you. It is specifically created to convey basic and vital knowledge to people who are new to the domain and wish to pursue it as a career. IABAC has accredited DataMites’ Certified Data Scientist training. In 15 modules, the curriculum covers all of the fundamentals of Data Science, including Python for Data Science, R Language Essentials, Statistics for Data Science, Machine Learning associates, and more!
Watch our demo session on “What is Data Science?”
Why DataMites for Data Science?
- International Accreditation from IABAC
- Over 25k Data Science Certified
- 3 phase learning method
- Flexi pass for 3 month
- Real-world projects, valuable case studies
- Job Ready Assessments
- Internship with AI Company
DataMites Data Science Training is now available!