Data Science, Internet, Automation, Innovation based technologies, and skill development will be the talk of 2019. So will Block Chain technology, Talent analytics, and advanced IT.Machine learning and Data Science are the emerging sectors which will create the maximum number of employment opportunities.
Data science professionals skilled in certain technologies will find a lot of opportunities both in India and abroad. These technologies are:
Cloud technology
Machine learning
Big Data Analytics
Artificial Intelligence
Data science professionals can find opportunities in the below roles abroad:
Data Scientist
Data Statistician
Data Analyst
ML Engineer
Data Architect
Technical Architect
ML Specialist
Data Engineer
Studies by Gartner suggest that 75% of Indian companies are going to invest in data science and machine learning. Finance and banking would be the frontrunners with almost 44% of jobs in the commerce domain. Commerce has also emerged as the largest sector for data science professionals worldwide. It accounts for more than 12% of jobs in analytics in 2019, as per Mathrubhumi.
Other sectors abroad which also have a high demand for data science professionals are:
Healthcare-12%
Energy-8%
Telecommunication-6%
Media-6%
The deciding factor that will decide the employability of youth overseas will be the skill in the current era of digitalization. Appropriate skilling would be important to sustain in the overseas market.
Artificial Intelligence will be the motivating factor behind the 4th Industrial Revolution. Technologies like AI, Automation, Big Data, and Quantum Computing could possibly alter the economic progress.
Water, waste management, sanitation, and energy are emerging sectors abroad providing career opportunities. Other prospective areas are rooftop electricity systems, infrastructure, and prefab technology.
The next generation revolution of infrastructure will: