The future for data science and analytics careers looks promising. The field has been experiencing continued growth for many years. For various companies worldwide, data is now the cornerstone of their business.
The global big data market is expected to grow to 103 billion by 2027, according to Statista. This market has been gradually expanding since 2011. As a result, careers in data science have become more popular and more versatile.
The advancements in this field influence the segmentation of job roles and skills needed to work with specific types of data and stages of data-related processes.
We have analyzed over 280,000 data science job ads posted on one of the largest online job posting platforms in the first months of 2022 in the U.S. and Europe to see which data specialists are currently in high demand in these regions.
This data digest covers 14 different data science job positions. In the first half of this year, 8 were in higher demand than the rest.
We have found 8,000 or more job postings for each of these 8 positions in the U.S. and Europe in the first five months of 2022.
The three job titles that stand out are Data Engineer, Data Analyst, and Data Scientist.
There were more than 220,000 job postings for these three roles in Europe and the U.S., around 79% of all job postings we analyzed for this data digest.
Overall, there were no significant changes in the number of job postings for data specialists during the five months we have analyzed. In Europe, the highest number of job ads were posted in February. In the U.S., the highest number of job ads were published in April.
Out of more than 280,000 job postings we analyzed, 75% of job opportunities in data science were in the U.S.
Companies are mostly looking for mid-senior, associate and entry-level employees.
Regarding job locations in Europe, data science job postings in the United Kingdom, Germany, France, Poland, and the Netherlands account for more than half (71.5%) of this region's data science job postings that we found.
The demand for data science specialists is high, but only a few most popular roles stand out in job postings. However, we see that the spectrum of data science career paths is expanding with new positions focusing on specific aspects of data science, such as natural language processing or data storytelling.
Natural language processing improves how computers understand and interpret human language.
Data storytelling helps turn the often difficult-to-understand data language into easily digestible narratives for specific audiences.
Although both jobs are essential for the accuracy and the accessibility of data that companies are using, we have found only 22 job postings for data storytellers in the U.S. and Europe this year and only 366 jobs for natural language processing engineers.
In comparison, we have found and analyzed over 97,000 job postings for data engineers during the same period.
About Coresignal Data Digest:
Data digests consist of information extracted from Coresignal’s databases. It provides unique insights into different topics through the lens of public web data we collect. Our data digests combine information from various sources that we work with and give you a brief overview of the different ways to use data from Coresignal for your business.
