10 Major Industries and Companies Hiring Data Scientists in 2021

With the increase in demand for data scientists, companies hiring data scientists also increases

The increase in the data also increases the demand for data scientists to decode and analyze the data which can be used for the business decision-making processes. According to the latest research, the data science market is expected to reach about the US $16 billion by 2021. This research also opens new doors for data science jobs. Data scientists are considered to be in demand in the coming years due to meeting the data needs and analyzing structured and unstructured data to resolve problems. Did you know? Most of the data science and AI technologies are being used for popular services such as customer service chatbots at major top companies such as Bank of America, Facebook and also on Amazon. And yet many such industries are waiting to enhance using data science methodologies and this requires professionals to handle data. If you're a data scientist wanting to get into industries with data science jobs, here are the 10 major industries that are hiring data scientists in 2021.

Financial services

The Banking, Financial Services, and Insurance sector have massive data to be analyzed and acted for making key decisions. There are several ways that data science and AI can help these financial sectors in improving their services aiding in fraud detection, risk modelling, lending and loan appraisal management, securing data, customer segmentation, algorithmic trading and underwriting and credit scoring. The top companies hiring data scientists in this sector are JPMorgan Chase, ICIC Bank, HDFC, HSBC, BNP Paribas, Citi Group.

Media

The entertainment sector has also been using the knowledge of data scientists in understanding the customer and their behaviours for lending personalized content. This technique is employed by big media firms such as YouTube, Hotstar and Netflix. And so things are greatly dependent on the data science professionals for storing, analyzing, and processing data for business. Data science strategies such as machine learning and artificial intelligence have been used for customer sentiment analysis, smart recommendations, personalized content, real-time analytics, and leveraging mobile and social media content. The top companies hiring data scientists in 2021 in the media stream are Dish Network, Netflix, Time Warner, Fox, Viacom, NDTV and Hindustan Media.

Healthcare

When we look at the healthcare sector, most of the data is stored in an unstructured manner and this becomes the necessity for the healthcare sector to hire data scientists to analyze the medical records and databases. With the Covid-19 pandemic's hit, the healthcare sector has emerged as the top creator of the data science jobs for lending their support with regard to drug discovery, recognizing health risks, diagnosis of diseases, post-care monitoring and hospital operations. The companies hiring data scientists are GSK, GE Healthcare, and Sonofi.

Retail

Most of the retail industries are thriving to provide personalized goods and services focusing on customer behaviour and patterns using data.  Data science has helped retail in understanding customer behaviours and predicting analytics to a great extent. The top companies hiring data scientists in 2021 are Amazon, Walmart, Flipkart, Future Enterprises Ltd, Aditya Birla Fashion and Retail Ltd, Reliance Retail Ltd, Landmark Group, and K. Raheja Group.

Telecommunications

In recent times most customers are interested in connecting through voice, text messages, and social media. And this in turn also provides vast amounts of data to analyze the demographics of the users demanding for the data science professionals. Data scientists in the telecom sector can help in customizing offers, allocating network resources, detecting frauds and targeting campaigns. The top companies hiring data scientists in the telecom sector are Bharti Airtel Limited, BSNL, Reliance Jio, Vodafone-IDEA.

Automotive

The automotive industry has been constantly evolving with the help of data scientists in all aspects ranging from research, design to marketing. Data science professionals can help the automotive industry in enhancing vehicle safety with cognitive IoT, creating and managing schedules, identifying defects using predictive maintenance, and enabling manufacturers to gain greater control over their supply chains, logistics, and management. The top companies hiring data scientists in the automotive stream are General Motors, Volkswagen, Maruti Suzuki, Hyundai and Honda.

Digital Marketing

In digital marketing search pages, social networks, videos, web pages, CRMs, and databases have great volumes of data to be analyzed and this requires a high level of business intelligence to achieve valuable insights. Data scientists help marketing in predicting user behaviours, anticipating the user's needs, spotting patterns and trends and segmenting the markets for better productivity. The companies hiring data scientists in 2021 are Reliance Industries Limited, Amazon, Google, Facebook, Flipkart, Walmart, and Adiya Birla Fashion and Retail Ltd.

Professional Services

Whether it be big conglomerates or SMEs, seek the help of the data professional to store, collect and secure the data. The data science jobs in these services can be that of the data science consultant too who can be helpful in providing legal services, accounting, managing IT services, customer services, and logistics.

Cyber Security

With technological advancements, cyber-crimes have also been increasing at a fast pace. To combat this, industries are adopting data science and AI for protecting their data. Data science in cybersecurity has made the computing process more intelligent when compared to conventional information handling. The top companies hiring data scientists in 2021 in this sector are Accenture, Cisco, IBM, Microsoft, National Informatics Centre, McAfee, and QuickHeal Technologies Limited.

Mining & Oil and Gas Industry

The use of data science in the mining and oil & gas industry is increasing day by day. Data science has been largely utilized in transforming industrial distribution. Technologies such as Geographic Information Systems (GIS) and Measurement During Drilling (MWD) are used for obtaining information. The companies hiring data scientists in 2021 in the mining and oil industry are Indian Oil Corporation, ONGC, Bharat Petroleum, Reliance Petroleum Limited, and Hindustan Petroleum Corporation.