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Abstract

Data Science as a domain has emerged to be a multi-disciplinary field that has paved way for
innumerous possibilities and wide applications in different sectors of the economy that enables to
capture meaningful insights by analysing available data. According to the LinkedIn 2020 Job Report,
the specific job profile of AI Specialist has been rated as the top job profile that has witnessed a hiring
surge of 74% annually over past 4 years followed by the job profiles of Robotics and Data Scientists.
With the advent of analytics, the high potential of quality data has been unveiled. The use of predictive
analysis enables businesses to comprehend the probable outcomes of their business decisions in
advance thus making it simpler to make apt decisions based on the given data and scenario. Thus,
undoubtedly data science as a tool has become an indispensable source of useful information and is on
an epoch-making trajectory. The paper makes an attempt to capture the emerging trends and market
sentiments as regards to data science as a domain in India based on relevant and available secondary
data. Globally, the U.S.A boasts highest number of job offerings in data science in 2019-20 followed by
India, United Kingdom, France and Canada according to Glassdoor’s (Economic Research) Job Hiring
Trends 2019 Report. A comprehensive study carried out by Great Learning, an Ed-tech company by
reviewing 100 companies in leading cities of India reveals a 45% uptick in supply gap of over the past
year indicating the increased momentum of adopting analytics by businesses in India to keep up with
and sustain soaring competition. Approximately, 97,000 job positions in the domain were vacant due
to an exigency of specific talent in India in 2019 that signifies an immense potential of the particular
domain as an upcoming career option.

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