2022 Roundup: Business Analytics scope, top skills, careers & more
The business analytics market size was approximately worth USD 271.83 billion in 2022 compared to USD 240.56 billion in 2021. As per Fortune Business Insight, the Business Analytics market size is projected to cross USD 655.53 billion by 2029 at a CAGR of 13.4% between 2022 and 2029.
The popularity of the Internet of Things is the major driver behind this growth. Recently, the adoption of Business Analytics has multiplied among companies across industries. According to Coursera’s “The Job Skills of 2023”, data visualization and analytics are one of the fastest-growing skills. “The urgency for data upskilling—which businesses, educators, and governments must all play a key role in— will continue to grow as traditional human skills, like people management, become more data-driven,” states the Coursera report.
However, the U.S. Bureau of Labor Statistics (BLS) does keep track of job classifications that fit within the broader definition of business analysis, such as Management Analysts, Financial Analysts, Market Research Analysts, Operations Research Analysts, and so on. Some of the long-established categories, such as financial analyst, are predicted to experience modest growth, but emerging technology-related categories, such as management analyst (11%), market research analyst (18%), operations research analyst (25%), and information security analyst (a whopping 31%), can expect much more dramatic growth over the decade ending in 2029.
As a result, the enrolment has spiked for Business Analytics courses. Through Online Manipal, you can get access to an online MSc in Business Analytics and PGCP in Business Analytics from Manipal Academy of Higher Education (MAHE). Take a look at these following blogs to get insights into the business analytics domain.
A master’s degree always widens avenues for graduates. A Master’s degree in trending domains like Business Analytics will multiply your opportunities. This blog post will give you some reasons to choose a master’s program in business analytics.
Marketing analytics is a subset of Business Analytics. It only deals with the marketing parts of the product or services. You can learn everything about Marketing Analytics in this article, which includes benefits, scope, careers, salary, and others.
Recent studies show that implementing business analytics practices is helping companies to boost their business to the next level. This article discusses five different ways businesses are achieving their goals with business analytics.
Business Analyst is one of the promising job roles in today’s world. From business analytics definition to skill sets, career options and salary, this article has included all information to help aspirants become future-ready business analysts.
Professionals in business analytics have multiple job roles to explore. These are futuristic and exciting. In this article, we have collated some of the trending jobs one can choose after completing their Business Analytics program.
Financial Analysts are the guardian of financial data, and they generate insights for better managing the finance of any organization. This article aims to help candidates familiarize themselves with commonly asked questions in financial analyst interviews.
Manipal Academy of Higher Education (MAHE) is offering online MBA for working professionals on the Online Manipal platform. Business Analytics is one of the specializations with MAHE’s online MBA. This article gives all the details about the MBA program in Business Analytics.
Business analytics help identify and prioritize organizational functional and technical requirements. After pursuing a degree in business analytics, you can explore high paying job roles like business analyst, data architect, data engineer, analytics manager and more.
A Business Analyst must be proficient in various skills and tools to seamlessly perform various tasks. In this blog post, you can read details of 15 key skills and tools that help business analysts in their jobs.
Anyone can enter the business analytics domain with proper training and education, mechanical engineers are not exceptional. In this article, we talk about how mechanical engineers become business analysts.
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