India's Data Science Education Market: $1.39B by 2028
Data Science Education Report 2023, According to data, the global data science education sector will be worth $378.7 billion by 2030. Indian edtech platform Imarticus Learning has just launched. The data science education sector in India will grow exponentially from US$ 204.23 million in 2023 to US$ 1.391 billion by 2028, growing at 57.52%. Contributing to this increase is a paradigm shift to data-driven decision making across industries. Meanwhile, the online education sector is expected to grow significantly from $76.20 million to $533.69 million.
The study predicts significant growth in the big data and analytics job market, with 215,793 jobs currently available. Projections show that big data job opportunities will explode and exceed 338,000 by 2028.
Indian organizations that adopt data cultures and big data analytics technology are leading the industry and driving profitability. Major recruiters like Amazon, AWS, Bain and Company, Deloitte, Ernst and Young and Google are actively looking for data science professionals offering an annual salary between 6.5 lakh to 35.1 lakh.
India has positioned itself as a global powerhouse in big data analytics with an estimated CAGR of 30.1%, taking the industry from $5.7 billion in 2022 to a remarkable $30.7 billion by 2027. During this period, India is poised to capture 32 percent of the global analytics market, enhancing education and employment prospects