Data Talent: A Professional Shortage in the United States.

The global market for data analytics was worth $49 billion USD in 2019. It is now more than twice as valuable as it was in 2015. From 2020 to 2023, the market is predicted to increase at a 30% annual pace.

The data analytics job market reflects the industry's rapid growth. The World Economic Forum highlighted seven new vocations that are likely to rise rapidly in its Jobs of Tomorrow Report (2020). Data and artificial intelligence (AI) are predicted to expand at the fastest rate of 41 percent each year.

Finally, a growing data industry means more job opportunities for people who work with data, and the demand is currently considerably higher than the supply.

The data market is rapidly expanding, and firms are doing everything they can to keep up. Companies that are data-driven always outperform their competition, therefore it stands to reason that recruiting data gurus will grow more important in all sectors. However, there appears to be a data skills shortage at the moment. According to an NTUC LearningHub survey, 93 percent of working professionals believe their workers' lack of data skills prevents them from being as productive as they may be.

QuantHub's helpful infographic illustrates how difficult it is for businesses to discover and hire qualified data specialists. The following figures are very intriguing:

  1. Companies are increasingly investing in big data projects (83 percent )
  2. It is anticipated that by 2030, there will be a global shortage of approximately 85 million competent people in the technology industry.
  3. The second most difficult sector to recruit skilled professionals was recognised as data science and analytics (second to cybersecurity)
  4. In short, data analysts are in high demand, which puts novices in an excellent position. There are jobs available; as long as you've learned (and can demonstrate) the necessary skills, you should have no trouble getting your foot in the door.

How to Start a Career as a Data Analyst
We now know that you can get recruited as a data analyst even if you have no prior experience on your resume. But first, you must obtain the appropriate abilities and begin marketing yourself as a data analyst. Here are some practical actions you may take to begin your job change.

Syntax Technologies offers a Data Analyst Course.
The future revolves around data and its processing. Our online Data Analytics course provides students with an exceptional opportunity to develop as experts in the field and, as a result, enter one of the most sought-after domains of the tech industry.

Key Highlights of Data Analytics training:
  1. Rigorous Instructor-Led Training
  2. Projects and Exercises
  3. Job Assistance
  4. Remote Learning
  5. Certification
  6. Mentor Support





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