2024 Data Science Skills in High Demand
The world is awash in data, and the ability to extract meaningful insights is becoming an essential skill across all industries. This is reflected in the surging demand for data science expertise, with specific skillsets experiencing explosive growth.
This blog post dives into the top 10 data science skills for 2024, highlighting the growing importance of data visualization and communication. We'll also explore how curated learning paths can help you develop these in-demand capabilities.
Data Storytelling Takes Center Stage
Institutional leaders are increasingly recognizing the value of data storytelling. Understanding and communicating data effectively is rapidly becoming a baseline expectation for employers across all sectors. A 2023 study by Forrester and Tableau predicts that 70% of employees will be expected to heavily utilize data by 2025.
Within data science itself, data visualization stands out as the fastest-growing skill for business professionals. Currently, only 11% of employees report feeling confident in their ability to work with data, underscoring the vast need for upskilling and learning opportunities. Recognizing this gap, 85% of C-suite executives believe data literacy will be as crucial as basic computer skills in the future.
Top 10 Data Science Skills for 2024
Here's a breakdown of the top 10 data science skills for 2024, categorized by their focus:
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Data Visualization:
- Power BI
- Tableau Software
- Data Visualization
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Data Management and Analysis:
- Data Modeling
- PostgreSQL
- R Programming
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Machine Learning and AI:
- Reinforcement Learning
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Business Applications:
- Business Intelligence
- MATLAB
The Power of Data Visualization
As the volume of data collected by institutions continues to grow, the ability to translate that data into clear, actionable insights becomes paramount. Skills in data visualization empower individuals to tell compelling stories with data, enabling better decision-making and execution on strategic priorities.
BoostGrad (www.boostgrad.com) offers a variety of courses to help you develop these essential data visualization skills.
Demand for Foundational Skills Remains Strong
The need for foundational data analysis and data science skills remains high. This year, PostgreSQL, MATLAB, and R Programming all rank within the top 10. Proficiency in these areas allows individuals to effectively manage, store, and analyze data, supporting a wide range of business functions.
The US Bureau of Labor Statistics projects a significant increase in data science jobs, with analyst positions expected to grow by 23% between 2021 and 2031. This trend is mirrored globally, fueled by automation and the adoption of new technologies.
Curated Learning Paths: Optimize Your Skill Development
Looking to enhance your data science expertise? Consider pursuing a curated learning path, such as Professional Certificates or Specializations offered by platforms like Coursera. These programs, often developed in collaboration with industry leaders and academic institutions, provide structured learning opportunities designed to equip you with in-demand skills.
Embrace the Future of Data
By investing in the right data science skills, you can position yourself for success in the data-driven future. Explore the resources mentioned above, including BoostGrad's third-party course offerings, and embark on your journey to becoming a data storytelling master!
Further Reading: Explore the latest trends in skill development across various industries in our blog post: 2024 Skill Trends: Adapting to Change and Embracing the Future.