Future Of The Big Data Job Market Post-Pandemic | Executive Levels (2024)

Post Views: 1,267

The big data industry is still a relatively new one, yet there is an entire ecosystem of technologies, skills, companies, and jobs that will depend on data sources to grow the economy in a post-pandemic world.

The covid 19 pandemic put a big strain on businesses in all sectors; however, data scientists and data-related skills are in strong demand. The trend to use big data technology to make better decisions during and after the Covid 19 crisis will ultimately determine the survivability of an organization. Whether you just graduated and started looking for a job or are already deep into the job market, the great news is there are many unique opportunities.

According to theWorld Economic Forum, by the year 2025 post-pandemic, nearly 97 million roles will increase in demand. Out of the top 10 in-demand roles, data-related roles are the majority of the need despite the global pandemic. From data analysts, data scientists, artificial intelligence/machine learning, cloud computing, digital transformation, and more due to emerging technology as a result of the crisis. The workforce will be offset by the decreased demand of 85 million jobs that will be dominated by automation, technology, and the need for organizations to capture and utilize data in a post-Covid 19 world.

Future Of The Big Data Job Market Post-Pandemic | Executive Levels (1)

Table of Contents hide

1 The area of big data is still a good career move

2 Big Data employment prospects

3 Future Big Data employment opportunity breakdown

3.1 1. Big Data Software Development

3.4 Get your data skills ready for the job market

The area of big data is still a good career move

As the business world becomes more dependent on big data, there are increasing opportunities for professionals who can extract insights from the massive amounts of data companies are now collecting. That also rolls into managing the data-related projects and creating the systems that process data.

This pressing need to collect, analyze and secure massive amounts of data has enabled companies to improve their businesses, make better decisions, and ability to increase their competitive advantage.

According toMIT Sloan Review“A2017 report by IBM, for instance, predicted that the number of analytics and data science positions in the U.S. alone would increase by 364,000, to 2,729,000 by 2020. In 2019, LinkedIn ranked “data scientist” theNo. 1 most promising jobin the U.S. based on job openings, salary, and career advancement opportunities and reported a 56% rise in job openings for data scientists over the previous year.”

Big Data employment prospects

According toHP, big data and artificial intelligence will play a big part in the post-pandemic future. The main area will behealthcare. From creating cures to using the data to create new strategies and reduce risk factors. In addition, creating products such as wearables and VR to make healthcare more accessible.

With online purchasing increasing, industries likeretailandCPGs will be looking to add valuable insight into new markets for their products and analyze data to keep current customers. Call center, robotics, and ecommerce data will be in high demand.

Companies that had to facilitate remote work due to social distancing created a surge of organizations that implemented adigital transformationof their infrastructure. This will includecybersecurity for cloud computingenvironments due to the demand for data over the web.

Future Big Data employment opportunity breakdown

1. Big Data Software Development

This includes continued development using Python, Hadoop, Scala, NoSQL, SQL, Spark, Java, R.

Sample position titles:big data engineer, software developer, data engineer

2. Data Mining, Big Data Analytics & Machine Learning

This includes continued learning of SPSS, data modeling, R, Python, MATLAB, Java, Javascript, C, Stata, SQL, SAS, PowerBI, Tableau, Excel.

Example position titles:data scientist, data mining engineer, data analyst, business intelligence, machine learning engineer, business analyst

3. Big Data Operations & Cloud Computing

This includes continued skill development in Linux, serverless architecture, DevOps, storage, networking, virtualization.

Example position titles:cloud computing engineer, cloud architect, data operations

*Note the skills listed are just a few of the many tools used.

Get your data skills ready for the job market

Whether you are a data scientist or data analyst you can increase your chances of having a successful post-pandemic future.

Executives are always looking for actionable insights to make better decisions and data plays a key role.

  • Decide how you can contribute by offering valuable insight into industry data. Show how various data sources can be used to create actionable insights for a company.
  • Show an employer how you have detected a trend for a company using industry-related data analytics tools.
  • For machine learning and artificial intelligence engineers, show your ability to use advanced analytics, augmented analytics, statistics, predictive analytics to assist your organization.
  • Be ready to explain how you were able to transition to a remote work environment and remain highly productive.

If you just getting into the job market during the Covid 19 pandemic, please read8 Ways to Get a Job in Data Science with No Experience, and for those with experiencelooking to make a change12 Jobs To Get With A Data Science Degreecould be helpful.

Future Of The Big Data Job Market Post-Pandemic | Executive Levels (2024)

FAQs

What is the future of big data? ›

Trend #1 AI-driven data insights in real time

AI and ML are revolutionizing big data processing. AI solutions can automate up to 70% of all data processing work and 64% of data collection work, playing a key role in pattern identification and decision-making algorithm creation​​.

Why shouldn't you become a data analyst in 2024? ›

Reason #1: You Don't Enjoy Challenges

They need to constantly learn, upgrade their skills, and keep up to date with the latest developments in their field. So if you don't like challenges, maybe you should rethink your choice.

What is the future of the job market? ›

The future job market in 2024: an overview

So the labor market in 2024 may face some subtle changes in unemployment, but may also see a significant shift in certain areas. Namely, remote work versus return to office, the rise of artificial intelligence (AI), and higher demand for green jobs fighting climate change.

What is the job market for data analyst in 2024? ›

Yes, data analyst jobs are currently in high demand. As organizations increasingly rely on data-driven decision-making, the need for skilled data analysts to interpret and convert complex data into actionable insights is growing.

What is the future of the data industry? ›

As IoT expands, its role in shaping the future of Big Data and influencing decision-making processes across industries becomes increasingly significant. Big Data management, therefore, is becoming more sophisticated and is ensuring better data quality, enhanced data security, and more coherent data processing.

What will happen to data in the future? ›

The future of data will be unified, flexible, and accessible. Tech companies and startups are learning that to be successful: - Data must be unified across their entire company, and even across suppliers and partners. This involves unlocking unstructured data and breaking down organization and technology silos.

What jobs will be in demand in 5 years? ›

Roles in fields like artificial intelligence, cybersecurity, and renewable energy are in high demand. However, it is worth noting that motion picture projectionists, wind turbine service technicians, and nurse practitioners are 3 jobs projected to be the fastest growing over the next decade.

What jobs are expected to grow by 2030? ›

Some examples of environmental careers include environmental scientists and specialists, conservation scientists, and foresters, all of which are set to experience approximately average job growth in the 2020-2030 decade.

Is 40 too old to become a data analyst? ›

Many data scientists are over the age of 40 and typically have earned a bachelor's degree, and there is always time to explore the idea. There are no age limitations for obtaining a college education, and getting a degree in data science when you are older opens the door to many job prospects.

Why not become a data analyst? ›

You're gonna have to know how to use all kinds of software applications. You're also gonna need to know how to program in Python, R and SQL. And if you don't love working on computers, then you definitely don't want to become a data analyst because that is basically the entire job. Well, it's about 80% of the job.

Will big data be replaced? ›

I think instead of "Big Data", the term that'll finally catch on is "Data As A Platform" or "Data As A Service." I believe that "Big Data" will be replaced by "Smart Data" because it has more immediacy and marketing buzz than any of the other phrases.

What is the future scope of big data analytics? ›

The scope of data analytics is growing! It is also expected that 900 million users will be added by 2025. This growth supports the data analytics industry with a great increase in the collected data, which can be used to tap into several market sectors.

What is the next big thing in data? ›

We're entering a transformative era in big data analytics as two emerging trends – generative AI (GenAI) and retrieval-augmented generation (RAG) – gain traction. GenAI is particularly exciting.

What is the growth prediction for big data? ›

The size of the worldwide big data analytics market reached USD 307.51 billion in 2023. Forecasts indicate a growth trajectory, with projections suggesting an increase from USD 348.21 billion in 2024 to USD 924.39 billion by 2032, with a compound annual growth rate (CAGR) of 13.0% over the forecast period.

Top Articles
Latest Posts
Article information

Author: Patricia Veum II

Last Updated:

Views: 5611

Rating: 4.3 / 5 (64 voted)

Reviews: 95% of readers found this page helpful

Author information

Name: Patricia Veum II

Birthday: 1994-12-16

Address: 2064 Little Summit, Goldieton, MS 97651-0862

Phone: +6873952696715

Job: Principal Officer

Hobby: Rafting, Cabaret, Candle making, Jigsaw puzzles, Inline skating, Magic, Graffiti

Introduction: My name is Patricia Veum II, I am a vast, combative, smiling, famous, inexpensive, zealous, sparkling person who loves writing and wants to share my knowledge and understanding with you.