The Big Data analytics sector is poised for exponential growth in India, boosting job opportunities in the IT sector. The Big Data analytics sector in India is expected to witness an eight-fold growth by 2025 – from the current $2 billion to $16 billion, according to industry experts. India, according to experts, is currently among top 10 Big Data analytics markets in the world. IT trade body Nasscom has set a target of making the country one among the top three markets in the next three years.
Earlier, Nasscom had identified six areas of specialisation in the Big Data Analytics domain that are expected drive growth in the sector: business analysts, solution architects, data integrators, data architects, data analysts and data scientists. “With the rising requirement for niche competencies in AI (artificial intelligence) and analytics, the skill/expertise of the IT workforce will spearhead the analytical transformation on critical business processes across the industry,” Nasscom said.
Aatash Shah, CEO and founder of Edvancer Eduventures, said: “Jobs in analytics & data science have grown by 100 per cent over the last year adding tens of thousands of employment opportunities. However, a large portion of people in IT will need to re-skill themselves in data science to make the most of this employment boom.”