Data scientists\u2019 value to the economy over the next several years is further underscored by findings from Coherent Market Insights, a global market intelligence and consulting organization. Coherent estimates that the global data science platform market<\/a> will grow from $13.6 billion in 2025 to $57.1 billion by 2032. It attributes that increase to widespread adoption of data-driven decision making across various industries.<\/p>\n \n Highest Employment, Salaries Found in Biopharma Hotspots<\/p>\n Several of the top 10 states BLS identified for the highest data scientist employment<\/a> in 2024 have a strong, established biopharma presence. Those states include the two biggest biopharma locations: California, which ranked first (36,850), and Massachusetts, which ranked sixth (9,990).<\/p>\n <\/p>\n Several of the states with the highest pay also have a strong, established biopharma presence, with California ($136,800) and Massachusetts ($132,250) landing third and fourth, respectively.<\/p>\n <\/p>\n The annual median wage for all U.S. data scientists in 2024 was $112,590, according to BLS. It was slightly higher\u2014$120,090\u2014for those working in scientific research and development services.<\/p>\n \n What Employers Want in Data Scientists<\/p>\n For those looking to move into data science, the BLS occupational outlook handbook noted that people entering this occupation typically need at least a bachelor\u2019s degree in math, statistics, computer science or a related field. However, the agency added, some employers require or prefer that applicants have a master\u2019s or doctoral degree.<\/p>\n BLS identified analytical, computer, communication, logical-thinking, math and problem-solving skills as important qualities for data scientists to perform their duties.<\/p>\n For a look at what biopharma employers, specifically, want in data scientists, job seekers can visit the data scientist job listings<\/a> on the BioSpace website. Companies that recently posted openings include Amgen, Eli Lilly, Formation Bio, InVitro Cell Research, Takeda and Terray. Eli Lilly, for example, has multiple positions available<\/a>, including data scientist (R4-R6) and genomics data scientist.<\/p>\n<\/p>\n
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