Sectoral Analysis

Analytics

Data & Information:

 Analytics, data science industry in India is currently estimated to be $2.71 billion annually in
revenues, growing at a healthy rate of 33.5% CAGR.
 In India is expected to grow seven times in the next seven years. It is estimated to become a 20-
billion dollar industry in India by 2025.
 64% of analytics revenues in India come from analytics exports to USA. Indian analytics industry
currently service almost $ 1.7 Billion in revenue to USA firms.
 In terms of Sector type, finance & banking continues to be the largest sector being served by
analytics in India. Overall, 38% or $1 billion in revenues to analytics industry in India comes from
finance & banking.

News:
 India has more than 50,000 jobs in an Analytics lying vacant. Apparently, that's because we
just don't have enough talent to fill them.

 More than 2500 new start-up in this sector in last 3 years, which clearly indicates the market
for this sector is moving fast.

 More than 2000 requirement is been posted in current year on indeed.com for predictive
analytics.

 Recently Google acquired Analytics start-up Looker Company for $2.6 Billion.

Insight:
we can infer that Analytics work is been carrying out more in BFSI compared to other and its growing
exponentially .which also says this sector is generating lots of job direct and indirectly so it’s right time
to get into it.
The 10 companies that employ the maximum number
of financial analytics professionals in India are HSBC,
American Express, ICICI Bank, Moody’s Analytics
Knowledge Services, Citi, JPMorgan Chase & Co.,
HDFC Bank, Axis Bank, EY & Barclays