Top 10 Industries Hiring Data Scientists in 2024
Data scientist jobs are expected to increase by 35% from 2022 to 2032, according to the U.S. Bureau of Labor Statistics. Giving an average of 17700 employment every year for data scientists. Shortly, every industry will demand skilled data scientist professionals.
Nowadays, big data is becoming an essential component in various industries and businesses. Data is providing valuable insights into the industry’s strategic decision-making owing to their financial turnover. A data scientist not only specializes in machine learning, python, deep learning, etc. but also helps in making the right decision as per the need of the specific genre of the industries.
Do you want to hunt down industries hiring data scientists in 2024? But need to know where and what to focus on while enlisting.
No need to worry, be seated while the blog provides all the information to you.
Genre of Industries Hiring Data Scientists and Their Role in Brief
- BFSI- Banking, Financial services, and insurance needs data scientists for the various investment firms and banks to predict stock market or mutual funds. It provides them with risk assessment as per the money flow in the market.
Top Recruiter- HSBC, Citi Group, JPMorgan Chase & Co.
2. HR- A human resource department is needed across every industry for the smooth functioning of the organization, starting from onboarding employees to employee engagement programs. By utilizing data scientists in HR activities, industries can easily make the department run smoothly and so generate a positive impact on the organization on the face of the world.
3. Marketing- In the older days, marketing strategies focused solely on offline marketing campaigns and their responses. On the digital end, besides offline marketing, digital marketing is another talk of the town to plan for the marketing strategies. Digital marketing approaches target particular audiences based on the nature of the business and approach them followed by lead generation for monetary gains.
4. E-commerce- These platforms utilizing data science make the customer front more attractive by gaining the knowledge of their choices, likes and dislikes, or the kind of product they are searching for or buying more. Based on these kinds of data, they suggest customers more curated and personalized shopping links to make their money conversion easier.
Top Recruiter-Myntra, Amazon Walmart, etc.
5. Healthcare- Data scientists in this niche will improve the diagnostic and imaging of diseases compared to traditional methods. Also, they unite with doctors to access patient data to transform the healthcare industry with better innovations.
Top Recruiter- Sanofi, GE Healthcare, GSK etc.
Now, coming to the list of industries already hiring data scientists in 2024, their designations, and average salary hike.
Leading Firms Hiring Data Scientists, Designation & Salaries
JPMorgan Chase & Co.
- Designation offered- Data analyst, Data science associate, etc.
- Average Salary (lakhs per annum)- 18 lakhs per annum
Microsoft
- Designation offered- Data scientist, Data and applied scientist, etc.
- Average Salary (lakhs per annum)- 15 lakhs per annum
- Designation offered- Data scientist, Data scientist-research ads insight and measurement, Business Data Scientist, etc.
- Average Salary (lakhs per annum)- 20 lakhs per annum
KPMG
- Designation offered- Data science/ Quality analytics, etc.
- Average Salary (lakhs per annum)- 14 lakhs per annum
Amazon
- Designation offered- Business Intelligence Engineer, AWS Data Scientist, etc.
- Average Salary (lakhs per annum)- 15 lakhs per annum
Accenture
- Designation offered- Data science data designer, Machine learning data science practitioner
- Average Salary (lakhs per annum)- 12 lakhs per annum
Deloitte
- Designation offered- Data scientist executive AM/DM Information technology, etc.
- Average Salary (lakhs per annum)- 15 lakhs per annum
PWC
- Designation offered- Data scientist (Conversational AI), Data scientist (CPG Analytics), etc.
- Average Salary (lakhs per annum)- 14 lakhs per annum
Mu Sigma
- Designation offered- Trainee data scientist, data analyst, etc.
- Average Salary (lakhs per annum)- 17 lakhs per annum
Uber
- Designation offered- Staff applied scientist (ads Delivery), Manager data analytics (mobility community operations), etc.
- Average Salary (lakhs per annum)- 11 lakhs per annum
Note that, the salaries mentioned above are the average salary criteria of the companies, they may vary based on the job role and seniority level.
To conclude this blog, the data scientist job profiles are available globally. One can bag a data scientist job by pursuing various technical or non-technical paths. Our course offers domain specialization training with valuable certifications. You also opt for a Master’s degree from Woolf University and a project certificate accredited by IBM. So, if you are interested to incite a global-scale career, a data science course in Dubai, India, or the U.S.A., is a one-stop solution. Enroll today and hone your skills in data science.
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