February 26, 2022 by Analytics Insights
The global online program for data science market is projected to reach US$356.27 million by 2026
Data Science is creating a plethora of opportunities for global industries to drive productivity, make smarter decisions and achieve higher customer engagement to stay ahead of many competitors. Industry 4.0 has experienced a greater supply of real-time data with the advent of smart devices. This has helped drive deep meaningful insights efficiently and effectively without any potential errors. Thus, the supply of data is high, there is a high demand for data professionals for data management such as data scientists, data managers, data engineers, data architects, and more. It can be said that Data Science has opened enough windows to start a career in this hottest field. The demand for these job roles has been increasing rapidly since last few years, but now it is reaching a new level. Every company is highly interested in recruiting data professionals with attractive salary packages per year. Thus, data science is now the most demanding field, the fastest growing, as well as the hottest profession of the 21st century, with various job opportunities.
Aspiring data professionals must have certain skills to cover a wide range of services, from studying customer behavior to controlling autonomous cars. A talented and professional employee must possess skills such as communication, storytelling, analytical, data visualization, data mining, data manipulation, data manipulation, and adequate knowledge of data science tools. Must have practical experience with multiple data science projects in real life environments to solve complex problems. Therefore, educational institutions have begun to recognize the need to bridge the gap between the demand and supply of professional data science roles. These graduates, masters and Ph.D. We are offering the popular and trending Data Science courses under . degree to acquire sufficient knowledge before entering the business field. Due to the emergence of the COVID-19 pandemic, many data science courses are in online mode, offline mode or hybrid, depending on the government guidelines.
In on-campus data science programs, three major courses are bachelor’s, master’s and Ph.D. Most of the institutes also offer executive programs under on-campus mode. Executive programs in data science include postgraduate programs, management programs, MBAs, integrated programs and certificates
As per our analysis, the on-campus data science education market is expected to grow from US$572.28 million in 2026 with a CAGR of 49.85% to a CAGR of 41.20% with a CAGR of 41.20% in 2026. Meanwhile, off-campus or online courses that include executive programs and online certifications, the global online programs for data science market is projected to hit a CAGR of 49.80% from US$356.27 million in 2026 to US$52.81 million in 2021 .
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Analytics Insight is an influential platform dedicated to insights, trends and opinions from the world of data-driven technologies. It oversees the development, recognition and achievements made by Artificial Intelligence, Big Data and Analytics companies across the world.
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