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As per the US Bureau of Labour Statistics, the demand for Data Analytics jobs are expected to rise by 23% between 2021 to 2031. In addition, demonstrable proficiency in Data Analytics software and businessintelligence also helps. Hence it opens up new avenues of job opportunities for data specialists.
The growth in the Business Analytics market will also boost the growth of jobs in this domain. As per the BLS, the role of management analysts is expected to grow 11% between 2021 and 2031. This signifies the growing relevance of Business Analytics across the industry. No, business analytics and data science are not the same.
Because of this, the expected CAGR of both computer chips and AI-powered software is predicted to see a massive jump in growth above thirty percent through 2031. Both advancements and new products are driving fresh capital from venture capitalists and other firms who wish to utilize AI-driven technology in their investments.
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