20 Mind-Blowing Statistics About Data Science That Will Change Your Perspective

20 Mind-Blowing Statistics About Data Science That Will Change Your Perspective

If you’re a fan of data science or simply interested in the latest tech developments, you’ll love these mind-boggling statistics. Prepare to be amazed by the incredible impact that data science is having on our world.

1. In 2019, the global big data market was worth over $229 billion.
2. By 2025, it’s predicted that the big data market will surpass $77 billion in the healthcare industry alone.
3. Of the top 10 highest-paying jobs in the United States, nine are in the tech industry – including data scientists.
4. By 2021, the average person will generate 1.7 megabytes of data per second.
5. The majority of data scientists (62%) have a master’s or higher degree.
6. In 2019, the New York Times employed 20 data scientists to analyze reader behavior and create personalized content.
7. According to IBM, 90% of the data in the world was created in the last two years.
8. The amount of data created in healthcare will double every 73 days by 2020.
9. In 2018, Google created a machine learning model that can detect over 25 medical conditions with over 90% accuracy.
10. A total of 2.5 quintillion bytes of data are generated every day, and this number is set to grow to 463 exabytes by 2025.
11. The most commonly used programming languages for data scientists are Python, R, and SQL.
12. Netflix saves $1 billion each year by using machine learning algorithms to recommend TV shows and movies to its users.
13. 40% of companies say they have difficulty finding and hiring qualified data professionals.
14. Kaggle, a platform for machine learning competitions, had over 4 million members in 2020.
15. Data scientists work with a wide range of industries, from healthcare and finance to sports and entertainment.
16. The fastest-growing job in the tech industry is data scientist.
17. The skills data scientists need most are programming, machine learning, and statistics.
18. By 2021, it’s estimated that the data science and big data analytics market will grow to $103 billion.
19. The average salary for a data scientist in the United States is $120,000.
20. In 2019, a Google deep learning model called AlphaFold calculated the shape of nearly every protein in the human body – a major breakthrough in medical research.