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This question is about data scientist demographics.
What is the demand for data scientists?
The demand for data scientists is currently very high and expected to grow even further. With the increase in digital data, companies across various industries are seeking skilled data scientists who can interpret and utilize this data effectively. The role of a data scientist is now considered one of the most promising jobs in the tech industry, which makes it a sought-after career path for many.
Data scientists are needed in nearly every industry, from healthcare and finance to retail and social networking. Their work involves organizing and analyzing large amounts of data, interpreting trends and patterns, and providing insights that can help businesses make informed decisions.
According to reports from LinkedIn and Glassdoor,being a data scientist is one of the top jobs in the United States, with a median base salary that's well above the national average. Moreover, IBM predicts that there will be a 28% increase in the number of data scientist jobs by 2020. This indicates a strong future demand for data scientists.
However, despite the high demand, there is a shortage of qualified data scientists. Many companies report difficulties in finding candidates with the necessary skills and experience. This gap between supply and demand has led to higher salaries and better job prospects for those that are qualified in the field.
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