Analytics & Knowledge Science Jobs in India — 2022


The information science/analytics job report, introduced by Analytics India Journal (AIM), supplies a broad research of the information science job panorama, protecting profiles and roles requiring analytics competencies and expertise. The analysis supplies a holistic view of the expertise market that was affected by the Covid-19 pandemic and its restoration because the lockdown restrictions had been lifted. The report highlights the upswing in information science/analytics jobs within the post-pandemic world and the components which have led to it.

This research features a snapshot of marketed jobs in key information science roles and an summary of potential profession alternatives throughout completely different expertise and academic {qualifications}. The insights in regards to the expertise market on this research help stakeholders in creating higher plans/methods across the recruiting course of, as having a broader view of the market permits them to focus on the proper expertise quicker throughout completely different classes.

This report will be studied by recruiters, business policymakers, corporations, and information science specialists/aspirants to get the general view of the job market throughout a number of roles, sectors, cities, expertise ranges, and others.

Learn studies from the earlier years right here:

2021 | 2020 | 2019 | 2018 | 2017


Determine in hundreds

179.4K


Round 179K open jobs had been out there on the time of reporting within the 2nd week of April 2022

30.1%


Analytics jobs determine for April 2022 witnessed a 30.1% enhance in open jobs in comparison with the identical interval final 12 months

73.5%


Open analytics jobs in India have elevated by 73.5% from the beginning of the pandemic in March 2020 to April 2022

Though it’s tough to determine the precise variety of open information science/analytics jobs for a given month, round 179,470 open jobs had been out there on the time of reporting within the 2nd week of April 2022, in accordance with the evaluation carried out by AIMResearch. That is the second-highest variety of information science/analytics jobs marketed in India (since AIM Analysis began recording these numbers in April 2015). It was the very best in February 2022 at 180,468.

These open jobs will be crammed within the information science/analytics perform at any given cut-off date and never absolutely the variety of new jobs created every month.

The job marketplace for analytics/information science professionals, which plunged by greater than 20.1% in the course of the first wave of Covid-19 (from March 2020 to June 2020), has rebounded considerably put up covid. There is a rise of 73.5% in open jobs from the beginning of Covid-19 in March 2020 to April 2022.

There was a slight decline of 3.8% within the open jobs between April 2021 to Might 2021 in the course of the second wave. Since then, it has once more been on the rise.

The information science/analytics jobs determine for April 2022 witnessed a 30.1% enhance in open jobs in comparison with final 12 months (April 2021). In 2022, India contributed to 11.6% of the whole international information science/analytics open jobs. This can be a appreciable leap from 9.4% of world open jobs in June 2021. India’s share of world analytics jobs has elevated due to the next components:

  • The continual funding made by home corporations within the improvement of superior information science/analytics capabilities.
  • MNC and Home IT & KPO organisations have moved their analytics or information science jobs in massive numbers to India.
  • Captives Centres have been witnessing a major enhance of their open jobs as these corporations focus extra on reworking their know-how capabilities by constructing information science groups in India.
  • The growing funding of AI/Analytics based mostly startups in India—the whole funding in 2021 was $1.1B, a progress price of 32.5% on a Y-o-Y foundation. To know extra about startup funding, learn our report right here.

The ten main organisations with the best variety of analytics jobs marketed in April’22 are dominated by the MNC IT & KPO organisations and Captives – Accenture, IBM India, Flipkart, eClerx Providers, Dell Worldwide, Capgemini, Wells Fargo, Shell, United Well being Group, JP Morgan.

98.6% of information science/analytics jobs marketed in India are full-time, signifying the strengthening of the Indian information science/analytics hiring market. In distinction, simply 1.4% of the roles kind part-time, internship or contractual jobs.

The highest information science/analytics designations marketed are Knowledge Engineer, Knowledge Scientist, Deep Studying, NLP, Pc Imaginative and prescient, Knowledge Architect, Huge Knowledge Analytics, AI/ML Engineer, and Statistician.


Knowledge Science Jobs By Sectors

2.5


Open jobs in Retail & CPG elevated by nearly 2.5 instances in 2022 (7.7K jobs) in comparison with 2021 (3.1K jobs)

1/4


BFSI accounts for a couple of out of 4 open analytics/information science jobs in 2022 amongst all the important thing sectors

4.2pp


Journey & Hospitality witnessed a 4.2pp enhance in its share of open jobs in comparison with the earlier 12 months when the sector marketed nearly no jobs

Growing tech adoption throughout industries and fully tech-enabled sectors resembling eCommerce/Web, and BFSI, has led to a rising demand for information science professionals.

With 18,712 jobs marketed available in the market in 2022, the BFSI sector contributed to the very best variety of jobs amongst all the important thing sectors. This was a 19.9% enhance on a y-o-y foundation. Equally, the eCommerce/Web marketed round 13,167 in 2022, twice what the sector marketed on the identical time final 12 months.

The open jobs for information science professionals in new age industries are increased than in conventional industries as they’re extra targeted on digitisation to streamline enterprise processes.

The Retail & CPG witnessed the very best enhance within the variety of analytics jobs marketed. The quantity elevated from 3,143 in 2021 to 7,743 in 2022—a y-o-y enhance of just about 2.5 instances.

Publish covid, the Hospitality & Journey business is witnessing an enormous enhance within the open jobs. The variety of complete open jobs elevated to 2,964 in 2022 in comparison with nearly no jobs in 2021. The Hospitality & Journey business was one of many hardest-hit sectors because the pandemic halted all the pieces within the business. This resulted within the lack of many roles within the sector.

The open jobs for information science professionals in new age industries are increased than in conventional industries as they’re extra targeted on digitisation to streamline enterprise processes.


Knowledge Science Jobs By Firm Sort

3/4


Greater than three out of 4 open jobs (139.3K jobs out of 179.4K) are marketed by MNC IT & KPO Service Suppliers

1st


MNC IT & KPO Service Suppliers have constantly marketed the very best variety of analytics jobs amongst all firm varieties since 2019

4.4


The open jobs in home companies (non IT) grew near 4.4 instances on a y-o-y foundation

MNC IT & KPO Service Suppliers proceed to be the most important job supplier for analytics professionals, accounting for 139,323 (77.7%) of all open jobs. Marketed jobs by corporations within the section elevated by 24.0% on a y-o-y foundation.

For captive centres, open jobs elevated from 5,654 in 2021 to 19,339 in 2022. This important rise (242.0%) will be attributed to a few of the largest manufacturers on this planet growing their give attention to digitisation and opting to arrange captives in India to facilitate this. Moreover, we now have seen “the nice resignation” wave within the final two years, which factors to an elevated stream of skilled and expert expertise again available in the market. Captives are dashing to faucet into this expertise pool.

The rising footprints of multinational firms in India to reinforce productiveness by way of tooling, automation, simulation, prediction, and optimisation are fuelling the expansion of information science/analytics jobs.

The open jobs within the home companies (Non-IT) witnessed the very best enhance (336.4%) on a y-o-y foundation. The roles marketed by these companies elevated from 2,206 in 2021 to 9,628 in 2022. When it comes to percentages, the share of open jobs elevated from 1.6% to 5.4% over the identical time frame. This progress is fuelled by the growing adoption of data-driven applied sciences in conventional organisations.

Alternatively, consulting companies decreased their share of marketed jobs from 3.7% (5,102) in 2021 to 1.5% (2,633) in 2022. Additionally, the share of Home IT & KPO Service Suppliers has come right down to 4.7% (8,476) in 2022 from 9.0% (12,411) in 2021.


Knowledge Science Jobs By Expertise Degree

2/5


Greater than two out of 5 open jobs are for professionals between 2 to 7 years of expertise

7.4


Open jobs for professionals with greater than ten years of expertise grew by 7.4 instances from 2019 to 2022

4.4pp


The share of open jobs for professionals with lower than two years of expertise have been declining since 2020. The pattern continues in 2022, with a y-o-y decline of 4.4pp

The best progress within the posted jobs is witnessed by professionals with 7 to 10 years of expertise, at 46.4% on a y-o-y bais. The variety of open jobs marketed within the expertise bracket stood at 32,912 in 2022, which is 10,434 increased than in 2021 (22,478). The second-highest proportion enhance within the listed jobs is noticed by the professionals with an expertise of 5 to 7 years. The general open jobs within the expertise bracket elevated to 37,469 in 2022 from 25,787 jobs in 2021—a progress price of 45.3% on a y-o-y foundation.

Alternatively, there was a steady decline within the share of marketed jobs for professionals with lower than two years of expertise since 2019. The share of open jobs for the expertise bracket of 1-2 years declined from 13.0% in 2021 to 11.5% in 2022. Equally, the share of open jobs for lower than one 12 months of expertise declined from 11.8% in 2021 to 8.9% in 2022. The upper value of upskilling freshers and the instability of their retention coupled with increased demand for skilled professionals have contributed to the continuous decline within the share of marketed jobs.

Over the previous few years, the share of open jobs for professionals with 0-2 years of expertise has been steadily reducing. The drop in share is attributed to a desire for skilled professionals.

There was a near 7.4 instances enhance within the demand for professionals with greater than ten years of expertise from 2019 (4,828) to 2022 (35,681). Nevertheless, 2022 noticed a slight decline within the share by 1.5pp on a y-o-y foundation from 21.4% in 2021 to 19.9% in 2022.


Knowledge Science Jobs By Wage Bracket

15.2K


Open jobs providing a wage of 25-50 lakhs noticed the very best y-o-y enhance (15.2K) in absolute quantity from 3,585 in 2021 to 18,776 in 2022

20


Open jobs providing salaries higher than 50 lakhs elevated by nearly 20 instances

1/4


Nearly one out of 4 open jobs posted, provide a wage of 3-6 lakhs

The open jobs providing a wage of 25-50 lakhs noticed the very best enhance in absolute numbers amongst all brackets, from 3,585 in 2021 to 18,775 in 2022. In consequence, the share of those jobs as a proportion of the whole elevated from 2.6% in 2021 to 10.5% in 2022. Equally, open jobs providing 15-25 lakhs wage elevated from 12.2% in 2021 to 17.3% in 2022.

The marketed jobs for the professionals within the wage brackets of greater than 50 lakhs additionally witnessed a major enhance in comparison with the earlier 12 months. The quantity elevated by nearly 20 instances, from 276 in 2021 to 5,472 in 2022.

The variety of open jobs within the 0-3 lakh wage bracket elevated from 11,722 in 2021 to 18,095 in 2022—a y-o-y enhance of 54.4%. Equally, the share of open jobs between 3-6 lakhs elevated by 32.9% over the identical interval.

Alternatively, marketed jobs for information science professionals in 6-10 and 10-15 lakhs wage brackets have seen a decline in total share in 2022. The biggest decline is witnessed by the 6-10 lakhs wage bracket, at 11.6pp, adopted by 10-15 lakhs wage brackets with a decline of 7.3pp. This displays AIM’s Knowledge Science India Wage Research 2022, which signifies an total enhance within the median wage commanded by analytics professionals in 2022.

A rise within the median wage commanded by analytics professionals is mirrored within the higher share of open jobs providing increased salaries.


Knowledge Science Jobs By Cities

28.5%


Bangalore emerged as the highest vacation spot for analytics/information science professionals for the fifth 12 months in a row, with 51,149 open jobs, accounting for 28.5% of total market

1/2


Nearly one out of two (47.6%) open jobs are both for Bangalore or Delhi NCR

42.9%


Hyderabad noticed the very best y-o-y enhance (42.9%) within the variety of jobs marketed throughout prime cities

Bengaluru continues to create the utmost share of jobs (28.5%) of all analytics/information science positions in India in 2022. When it comes to absolute numbers, open jobs have gone up from 38,474 in 2021 to 51,149 in 2022—a progress of 32.9% on a y-o-y foundation. Town’s high-tech IT infrastructure and the presence of many unicorn corporations specialising in edtech, fintech, synthetic intelligence, and different fields contribute to town’s growing share of open jobs.

Delhi NCR emerged because the second-largest metropolis when it comes to the share of open jobs for analytics/information science professionals. The variety of jobs is 34,200 in 2022, which is 7,861 increased than posted jobs in 2021. The rise within the share is supported by workers’ return to the office at a quicker price than in different cities. The world-class infrastructure and well-diversified markets, from ​​buying and selling and manufacturing to BFSI contributed to an total enhance in job alternatives.

Mumbai, the third-largest metropolis with regard to the share of open jobs, witnessed a progress of 40.2% on a y-o-y foundation. The variety of jobs elevated to 23,591 in 2022 from 16,824 in 2021. The rise within the variety of jobs is supported by the upper demand for professionals in BFSI and home conglomerates that are largely based mostly out of Mumbai.

Core IT hubs – Bangalore, Hyderabad, and Delhi NCR, are seeing a rise in job alternatives than their counterparts. These cities provide higher wage hikes, job alternatives, and profession progress to the professionals.

Hyderabad has been witnessing a steady rise in its share of open jobs on a y-o-y foundation for the final couple of years. The variety of jobs has gone as much as 19,712 in 2022 from 13,790 in 2021, with a progress price of 42.9% on a

y-o-y foundation. A talented workforce, massive tech companies, cheaper workplace area, and authorities initiatives in the direction of selling AI improvement and international funding have elevated the share of information science jobs in Hyderabad.

When it comes to different metropolitan cities, Chennai noticed a marginal lower of 0.3pp in its share in 2022 (7.5%) from 2021 (7.8%). Nevertheless, the variety of open jobs has elevated to 13,427 in 2022 from 10,756 in 2021. The IT and ITes funding, expert workforce, clubbed with dozens of nice engineering faculties in Chennai, make recruiting simpler.

In the identical approach, Pune, Ahmedabad, and Kolkata witnessed a marginal decline of their open jobs share. The y-o-y decline within the share is 0.4pp and 0.5pp in Ahmedabad and Pune, whereas it’s 0.1pp for Kolkata.


Knowledge Science Jobs By Academic Qualification

1/3


Nearly one out of three open jobs are for engineering undergraduates

2.2


Marketed jobs for engineering undergrads are roughly 2.2 instances increased than engineering postgraduates

1.2


Marketed open jobs for MBAs are near 1.2 instances increased than Non-MBAs

The best share of jobs in engineering demand an undergraduate diploma in engineering. This makes up a 3rd or 55,983 of the whole marketed jobs. That is adopted by non-engineering undergraduate levels at 35,201 and engineering postgraduates at 25,871. The marketed jobs below non-engineering undergrads are largely from B.C.A, B.Sc, and B.Com backgrounds.

The variety of open jobs demanding an MBA diploma is 17,389, which is near 1.2 instances of open jobs for Non-MBAs (14,420). The levels thought-about below the Non-MBAs section are M.Sc, M.Com, M.Ed, and others.

The variety of marketed jobs for PhD is 13,996, accounting for 7.8% of all job postings.

Hiring managers favor engineers over non-technical graduates as they’re well-versed in technical fundamentals and may simply adapt and be taught rapidly.


Open Jobs For Key Knowledge Science Roles

1/4


Nearly one out of 4 open jobs for key analytics roles are for information engineers

1.8


Open jobs for Knowledge Engineers are 1.8 instances increased than Knowledge Scientists

7.4%


The share of Deep Studying open jobs is the very best amongst all AI-related jobs

Below key analytics/information science roles, the marketed open jobs are highest for Enterprise Analysts at 38,974, adopted by Knowledge Engineer (34,566) and Knowledge Scientist (19,457).

Marketed open jobs in key AI-related roles are highest for Deep Studying at 10,564, adopted by NLP (8,618), Pc Imaginative and prescient (5,810), and AI/ML Engineers (2,215).

The speedy rise in digital transformation has elevated the demand for information engineering capabilities manifold. Most corporations are specializing in creating a strong information pipeline that information science groups can leverage. At the moment, the dearth of information engineers is felt greater than information scientists.




Supply hyperlink