Should You Pursue a Career in Data Analytics?
Data analytics is a fast-growing profession with a wide array of growth opportunities. Over 87,627 data analysts are currently employed in the US.¹
As more companies accelerate digital transformation, the demand for data analysts will continue to rise. The global big data analytics market is projected to be worth more than $655 billion by 2029. It’ll grow at a CAGR of 13.4% between 2022 and 2029.²
So, instead of wondering whether a career in data analytics is worth a shot, it’s wiser to look for ways to get started.
What Does a Data Analyst Do?
As a data analyst, your responsibilities will vary based on the type of business that employs you. They’ll also depend on the extent to which the organization uses data-driven decision-making.
But here’s an overview of what the role could entail:
- Collecting and mining data from various sources
- Reorganizing raw data to make sure both humans and machines can comprehend it
- Building and maintaining databases to store, manage, and process data
- Interpreting data sets using statistical tools to identify patterns and trends
- Visualizing data interpretations in the form of graphs, charts, tables, etc.
- Preparing reports outlining patterns and predictions drawn out from the available data
- Working with other departments to identify opportunities for optimization
- Creating documentation to help other stakeholders understand and replicate the data analysis process
Essential Skills for Data Analysts
A successful data analyst does more than just crunch numbers. They have to build a framework for data processing and analysis and ensure that organizations harness the full potential of their data.
If you’re looking to build a career as a data analyst, you need in-depth knowledge of topics like probability theory, regression analysis, statistical modeling, and data visualization.
Here are the skills you should acquire.
Considering that you’ll work with numbers at length, an aptitude for math and statistics can go a long way.
As a data analyst, you’ll be responsible for helping business managers and senior leaders make critical decisions. That, in turn, makes it necessary to build strong communication skills and an analytical mindset. You’ll also need to hone your problem-solving and decision-making skills. These will play a crucial role in helping you find solutions and convey them effectively to the various stakeholders.
A Career You Can Count On
A career in data analytics is rewarding in more ways than one. Besides the excellent earning potential, you’ll also get the chance to impact an organization’s present and future. But given the bright job outlook, expect to face stiff competition, too.
The goal of Kenzie Academy from Southern New Hampshire University (SNHU) is to help you develop the necessary skills to succeed as a data analyst. Our data analytics program will help you build your technical prowess and master programming languages like Java and Python.
Are you ready to take your career to the next level? Apply now and kick-start your journey to becoming a top-notch data analyst.
¹ Zippia, “Data Analyst Demographics and Statistics in the US” on the internet, at https://www.zippia.com/data-analyst-jobs/demographics/ (Viewed on Dec. 5, 2022)
²Fortune Business Insights, “Big Data Analytics Market Size, Share & COVID 19 Impact Analysis, By Component (Software, Hardware, and Services), by Application (Data Discovery and Visualization, Advanced Analytics, and Others), by Vertical (BFSI, Automotive, Telecom/Media, Healthcare, Life Sciences, Retail, Energy & Utility, Government, and Others), and Regional Forecast, 2022-2029” on the internet, at https://www.fortunebusinessinsights.com/big-data-analytics-market-106179 (Viewed on Dec. 5, 2022)