
State of Data Engineering in India 2022
The size of the Data Engineering market in India is USD 18.2 billion in 2022. This is predicted to grow at a CAGR of 36.7% in the next five years to reach USD 86.9 billion by 2027.
The size of the Data Engineering market in India is USD 18.2 billion in 2022. This is predicted to grow at a CAGR of 36.7% in the next five years to reach USD 86.9 billion by 2027.
The analytics industry recorded a substantial increase of 34.5% on a year-on-year basis in 2022, with the market value reaching USD 61.1 billion.
The data science/analytics jobs figure for April 2022 witnessed a 30.1% increase in open jobs compared to last year (April 2021).
There has been a considerable growth in median salary to INR 16.8 lakhs per annum, up by 25.4% compared to last year.
The attrition rate for data science/analytics professionals for the year 2021 stood at 28.1%, up from 16.0% in 2020.
The total funding in 2021 was $1,108 Mn, a growth rate of 32.5% on a Y-o-Y basis. This growth indicates a strong outlook of start-ups in the AI and Analytics ecosystem.
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