Best countries to work as Data Scientist in 2022 (2024)

FAQs

Which country is best for data scientist jobs? ›

1.Switzerland

Switzerland is also the home of many data-driven organizations, including the famed CERN research lab, offering diverse job opportunities to data professionals. Although the cost of living is relatively high, Switzerland remains a top choice for data science professionals globally.

Securing the third position in a 2022 Glassdoor survey of top jobs, alongside a median salary of $103,500 per year, data science is swiftly establishing itself as the premier job in the tech industry. Data scientists are crucial for companies dealing with extensive data from software and artificial technology.

Job Outlook

Employment of data scientists is projected to grow 35 percent from 2022 to 2032, much faster than the average for all occupations. About 17,700 openings for data scientists are projected each year, on average, over the decade.

Data scientist earn a higher-than-average salary. According to the U.S. Bureau of Labor Statistics (BLS), the median salary for data scientists was $103,500 per year as of 2022 [2].

What are some of the highest paying data science jobs in India? Some of the highest paying data science jobs include Data Scientist, Machine Learning Scientist, Machine Learning Engineer, and Database Manager. These roles offer salary ranges between INR 8,31,100 to INR 14,95,098 per year.

While AI can automate certain tasks within data science, such as data preprocessing and basic analysis, it is unlikely to fully replace Data Scientists. The creativity, domain expertise, and critical thinking that Data Scientists bring to complex problem-solving are aspects that AI cannot replicate currently.

No. Absolutely not," Featheringham said. "There have been a lot of definitions, but it's inherently somebody who's curious." Like any other role, a data scientist may evolve into something else, and there are a few indicators that will happen.

Big tech companies cut down their job postings by 90%.

Over this 2-year period, we saw over 500,000 layoffs across all of the jobs in the tech industry, with over 30% of those layoffs in the engineering and data science roles.

Is data scientist a stressful job? ›

Data Science is a rewarding but demanding field that requires constant learning, problem-solving, and communication. It can also be stressful, especially when dealing with tight deadlines, complex data, and high expectations.

Why Do Data Scientists Get Paid So Much? Data science professions command high salaries because there's not enough supply (the profession has nearly 20,000 open positions in the United States, according to US News) and their skills are in high demand.

With home to some of the most number Fortune 500 companies, the US is one of the largest and most innovative markets for Data Science and technologies related to it like artificial intelligence, machine learning, IoT, and deep learning. Data Scientist is one of the most sought-after jobs in the USA.

Getting a job in the USA after completing a master's in data science can be possible. The demand for data scientists is high, and having a master's degree is advantageous. Success often depends on factors like your skills, experience, networking, and the job market at the time.

The Bureau of Labor Statistics projects 35.2% employment growth for data scientists between 2022 and 2032. In that period, an estimated 59,400 jobs should open up. Data scientists use technology to glean insights from large amounts of data they collect.