Data analysis is one of the world’s most demanding jobs. In a world where the extraction of valuable data insights ultimately determines how business decisions are taken, it is not surprising that data analysts vacancies in 2029 will expand by 9.3 percent.
As a result, India’s data analyst salary compared to other specialists involved in software is much greater. Data analysts have one of America’s most academically rewarding occupations.
Therefore, if you have the abilities you need and are prepared to keep yourself updated, you are expected to advance further and higher as a data analyst. The salary range of the data analyst depends on the position to which you live or want to migrate. You can obtain that high-paid career.
You can go to a profession as an analyst after a Data Analyst course. These training programs are designed to meet your demands and succeed you. But if you are interested in the paycheck for data analysts worldwide, then you’ve stopped on the correct page.
Data Analyst โ Salary structure
Data analyst jobs frequently involve many tasks and duties, so the average income in data analytics is usually high.
For those interested in a data analytics career, it is worth examining how experience-level, data analyst skill, industry, and educational background all link to the salary patterns of a data analyst.
Factors that influence the data analyst’s average salary
Years of experience & level
India:
- Entry Level (> 1 yr of experience) โ โน342,363/yr.
- Early Career (1-4 yrs of experience) โ โน422,408/yr.
- Mid- Career (5-9 yrs of experience) โ โน690,734/yr.
- Experienced (>10 yrs of experience) โ โน942,653 to โน1,750,000/yr.
US:
Do You Prefer Comfort and Healthy Workspace?- Entry level – $55,362 – $60,240 pa.
- Mid-level – $68,087 pa.
- Senior-level – $72,000 pa.
Industry
Almost every industry can make better business decisions using data analytics. However, the industry in which you work can influence your salary. The average earnings of data analysts in all sectors are presented below, according to LinkedIn.
India:
| Finance | โน250K โ โน1.4M |
| Retail | โน300K โ โน1.2M |
| Hardware & Networking | โน249K – โน1.1M |
| Manufacturing | โน200K – โน1.1M |
| Utilities, Energy & Mining | โน220K – โน965K |
| Software & IT Services | โน180K – โน900K |
| Entertainment | โน177K – โน710K |
US:
| Finance | $42K -$95K |
| Science & utility | $74K – $80K |
| Healthcare | $42K -$87K |
| Mining | $106K – $117K |
| Retail | $39K -$88K |
| Manufacturing | $55K – $65K |
| EdTech | $33K-$82K |
| Real-Estate | $39K-$95K |
| Entertainment | $41K – $110K |
| Hardware and networking | $43K – $108K |
| Software and IT services | $41K – $110K |
| Corporate services | $39K – $91K |
| Public administration | $37K – $97K |
| Consumer goods | $39K –ย $95K |
| Recreation and Travel | $38K – $82K |
| Media and Communications | $41K – $80K |
| Wellness and Fitness | $40K – $85K |
| Education | $31K – $82K |
| Agriculture | $37K – $97K |
| Construction | $37K – $83K |
| Public safety | $33K – $90K |
| Non-profit | $40K – $83K |
| Transport and logistics | $37K – $82K |
| Legal | $36K – $80K |
Size and Type of company
| India | US |
| Accenture (Rs. 7,04,965 pa) | Microsoft ($125,000 – $134,000) |
| Capgemini (Rs. 7,03,178 pa) | Exzac ($118,000) |
| Wipro (Rs. 5,79,188 pa) | Hallmark Global Technologies ($102,000) |
| CSC (Rs. 6,02,435 pa) | Pure Storage ($120,000) |
| HCL (Rs. 5,21,246 pa) | Nicholis State University ($120,000) |
| TCS (Rs. 696,132 pa) | Ulab – $91,000 ($100,000) |
Skillset
A data analyst with fewer years of experience to acquire high-paid jobs should grasp various skills that a data analyst needs. They need to explore beyond just a degree in data analysis for higher skills.
Some of the skills which determine a data analyst’s pay scale are.
India:
- Python’s salary offers ten lakhs a year in India alone, an essential skill.
- Do you know if you are knowledgeable with Big Data & Data Science that your salaries are 26% more than skilled workers in just one field?
- Professionals of SPSS and SAS can make roughly โน7.3lakhs and around โน9 to 10.8 lakhs, respectively.
- India’s ML salary might increase annually by up to 17 lakhs pa.
US:
- Data Quality skills: โน364K โ โน2M pa.
- Database Management & Reporting skills: โน219K โ โน1M pa.
- SQL: โน251K โ โน1M pa.
- Statistical Analysis skills: โน211K โ โน1M pa.
- Microsoft Excel: โน198K โ โน799K pa.
- Python: โน289K โ โน1M pa.
- Web Analytical skills: less than โน750K pa.
Work location
| India | US | Other Countries | ||||
| Bangalore (4.7 LPA)
|
New York ($70,927)
|
New Hampshire ($68,422) | United Arab Emirates ($47,613) | Florida ($54,746)
|
Canada ($107,117CAD) | Sweden (752.630kr)
|
| Noida
(6.7 LPA)
|
Massachusetts ($70,264)
|
Netherlands ($62,931) | New Zealand ($48,068) | South Africa ($16,419) | Singapore ($90, 453 SGD) | South Africa (R389, 931) |
| Mumbai (5.8 LPA)
|
Australia ($62,932)
|
Mississippi ($55,543)
|
United Kingdom ($51,844) | Michigan ($56,427)
|
United Arab Emirates (250,180 AED) | Netherlands (โฌ76,684) |
| Hyderabad (5.8 LPA)
|
Washington ($68,121)
|
Canada ($54,789) | Missouri ($55,391)
|
Germany ($67,397)
|
Australia ($125,341 AUD) | United Kingdom (ยฃ57,129) |
| Chennai (5.7 LPA)
|
North Carolina ($49,690)
|
Sweden ($57,546) | D.C. ($68,227)
|
Singapore ($46,432) | Germany (โฌ81,862) | New Zealand ($108,530NZD) |
Roles
According to the employment profile in India and the USA, the data analyst income varies.
| India | US |
| Software Engineer: โน267kโ1,000k pa | Digital marketing managers – $67K pa |
| Data Scientist: โน342kโ2,000k pa | Market analysts – $54K pa |
| IT Consultant: โน391kโ2,000k pa | Systems analysts – $66K pa |
| Senior Software Developer: โน438kโ2,000k pa | Data consultants – $77K pa |
| Senior Software Engineer: โน495kโ2,000k pa | Healthcare consultants – $78K pa |
| Software Developer: โน215kโ1,000k pa | Business intelligence analysts – $60K pa |
| Business Analyst: โน274kโ1,000k pa | Financial analysts – $60K pa |
Note: It can be good to develop the standards for compensation in which a firm head office falls when calculating your expectations for your salary. Your potential earnings are primarily based on your proven knowledge of data analysis. That comprises soft skills and technical expertise that you have developed over time.
Why Is It Important To Be A Trained Welder?Concluding points
Data analytics is increasing worldwide, and data analysts are integral components of the new digital economy. In March 2020, 2 out of 5 of the fastest-growing technological skills remained connected with analysis even after this global epidemic hit.
The location may appear like a secondary issue while choosing your future profession in data analytics. But you’ll see in this article that location has a direct impact on earnings and growth.
