Statistician Job Outlook
The demand for statisticians is high and continues to grow significantly. The major driver of this growth is that our global society is becoming increasingly data-rich and data-dependent.
For instance, Peter Sondergaard, head of research at Gartner, one of the world’s leading information technology research and advisory companies, predicts that millions of statisticians and data analysts will be needed globally to manage Big Data–related projects. Big Data refers to large data sets that are collected from every imaginable source and analyzed by businesses to discover ways of creating new revenues. By 2015, predicts Sondergaard, the thirst for Big Data mining experts is expected to create 4.4 million jobs around the world; nearly half (1.9 million) of these new data analysis jobs will be in the United States alone.
Separately, a recent study by McKinsey Global Institute predicts that the United States will need vastly more professionals—between 140,000 and 190,000—with expertise in statistical methods by 2018.
And, there appears to be no apparent end to this growing need for statisticians, making it a solid and rewarding—both personally and financially—career choice for today’s secondary school and university students.