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Data Science Courses Data Science Training Python Courses

IIHT's Data Science Training with Python Course will leads to learn the Data Specialization . By this Data Science Courseswith Python Training Students will also gain expertise working with data set using R/Python, web scrapping, test mining and analysis, choosing statistical tools for text analysis . Call us at : 18001233215 ( Toll Free )

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Data Science Courses Data Science Training Python Courses

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  1. What is the demand for Data Science and Analytics? The data analytics market in India is growing at a fast pace, with companies and start-ups offering analytics services and products catering to various industries. Different sectors have seen different penetration and adoption of analytics, and so is the revenue generation from these sectors. The Analytics and Data Science Industry Study 2018 takes into account various trends that the analytics industry in India is witnessing, revenue generated through various geographies, analytics market size by sector, across cities etc. It also takes into consideration analytics professionals in India through work experience and education. Data science training is gaining importance among the students and working professionals in recent years. Every industry is looking towards AI and ML and data science acts as a requirement for I and ML applications. Data Science courses give the required skill to the professionals to build machine learning applications and AI applications. Some of the surveys given below show the latest trends in data science Key Trends Analytics, data science and big data industry in India is currently estimated to be$2.71 billion annually in revenues, growing at a healthy rate of 33.5% CAGR.Of the annual inflow to the analytics industry, almost 11% can be attributed to advanced analytics, predictive modeling and data science.A sizeable 22% can be attributed to big data. Analytics, data science and big data industry in India is expected to grow seven times in the next seven years. It is estimated to become a 20-billion-dollar industry in India by 2025.In terms of geographies served, almost 64% of analytics revenues in India come from analytics exports to the USA. Indian analytics industry currently services almost $1.7 billion in revenue to USA firms. The analytics revenue from the USA increased by 45% year-on-year.The UK comes on a distant second at 9.6% of the revenues. Analytics revenue from these countries more than doubled from last year – Romania, UAE, Belgium, Poland, New Zealand & Spain. Overall the revenues generated from these countries is quite minuscule when compared to the USA.Indian domestic market serves as a significant market, with almost 4.7% of analytics revenues coming for Indian firms. Sector Type In terms of Sector type, finance & banking continues to be the largest sector being served by analytics and data science in India. Overall, 38% or $1 billion in revenues to the analytics industry in India comes from finance & banking.Marketing & advertising comes second at 24%, followed by e- commerce sector generating 15% of analytics revenues in India. In comparison to the last year, travel & hospitality saw the biggest jump in analytics revenues, from $34 million to $54 million, a jump of 61%.Pharma & healthcare saw a jump of almost 50% vis-à-vis last year.Even Finance & banking saw an increase of 31% when compared to last year. Analytics Industry by Cities 28% or $759 million in market size for analytics industry comes from Delhi and NCR region. This is closely followed by Bengaluru at 27%.The highest increase in year-on-year analytics revenues for an Indian city comes from Bengaluru, from $539 million in 2017 to $ 739 million this year; an increase of 37%.

  2. Analytics Professionals in India The average work experience of analytics professionals in India is 7.9 years; up from 7.7 years from last year.Around 16,000 freshers were added to analytics workforce in India this year; up from 12,000 freshers last year. Fresher hiring has increased by 33%.Almost 40% of analytics professionals in India have a work experience of fewer than five years, which is down from 42% last year. Analytics professionals with more than 10 years’ experience increased by more than 28,000. But the skill gap between the supply and demand has increased to a greater extent. Hence the demand for data science professionals has increased.The industry is looking forward for automation, and lack of skill has posed a challenge. About IIHT IIHT is the pioneer is providing data science courses, the students will be getting exposed to live and interactive sessions in the Data science online training. The students will be working on real-time projects for better hands-on experience in a simulated platform. Data science with Python Courses IIHT is a corporate level IT-Training institute for students who will get the job-ability training with their course of selection which will teach by professionals of IT employee to get jobs for students. Hurry up to book a slot in IIHT . Call us at : 18001233215 ( Toll Free )

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