DATA SCIENCE REVOLUTION

The year 2022 is big for the data science enthusiasts. The global data science market size is expected to grow from USD 189 billion in 2019 to USD 274 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.1% during the forecast period. Industry 4.0 is further accelerating the demand of data science professionals by creating millions of new jobs today and in the coming future.

In 2020, unstructured data accounted 80% of the data collected by organizations worldwide, and this eventually increased the data science adoption by businesses, boosting the demand for accomplished Data Science professionals.

Globally, according to IBM, around 28% of the total jobs in 2020 were data science jobs. The U.S. Bureau of Labor Statistics says data science jobs are expected to grow by at least 19% by 2026.

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