Tuesday, May 24, 2022

Today’s Data Management Job Market

Data management strategies can improve data quality, access, and security, and many companies are realizing the value of the professionals behind those technologies. 

To keep up with the growing infrastructure and expectations for enterprise data, the data management job market is growing quickly and diversifying in the face of new needs. 

Read on to learn all about the data management job market, expectations for data management professionals, and where this field is heading:

A Closer Look at Data Management Careers

Also read: 5 Data Management Job Market Trends

Data management market

The data management market hit an estimated value of $73.1 billion in 2021 and is expected to grow to over $150.6 billion by 2027, according to Expert Market Research

The primary specialized segments within this market include:

  • Data architecture and design
  • Data warehousing and storage management
  • Data governance, risk, and compliance (GRC) management
  • Data preparation and quality management
  • Data integration and business intelligence (BI)
  • Master and metadata management
  • Database and framework management

Learn more about the Data Management Market

Data management job types

Data management professionals have many different career options they can pursue, depending on their interests. They can work for a software-as-a-service (SaaS) company that delivers cloud-based solutions to enterprise customers. They can find a company that needs them to internally manage existing data management systems and processes. These professionals also have the opportunity to ideate and design new data management solutions with technologies like artificial intelligence (AI)/machine learning (ML).

These are some of the most common types of roles for data management professionals:

  • Data management specialist/analyst
  • Data quality specialist
  • Data governance analyst
  • Database administrator
  • Data architect
  • Data and analytics transformation manager
  • Data warehouse developer
  • Data integration specialist
  • Metadata specialist
  • Master data management (MDM) specialist
  • Reference data specialist

Also read: Top 15 Data Warehouse Tools & Software

Education for data management roles

Data management professionals typically hold at least a bachelor’s degree in one of the following technical fields: computer science, mathematics, engineering, or statistics. A growing number of universities are offering data science degree programs as well, which have proven valuable for students who want to follow this career path.

In some cases, companies will hire data management professionals without a degree if they have the right experiences, skills, and certifications. Some relevant certifications for data management professionals include:

  • Microsoft data certifications
  • Cloudera Certified Professional
  • MongoDB Certified Developer Associate
  • Certified Analytics Professional (CAP)
  • Oracle University certifications
  • IBM Certified Data Engineer

Data certifications to consider: Top Big Data Certifications and Courses to Advance Your Career

Data management job openings

Over 504,000 jobs tied to data management are currently open in the U.S., according to LinkedIn

The data management jobs companies are looking to fill include:

  • Data warehouse engineer
  • Master data management clerk
  • Data management consultant
  • Business process and data management analyst
  • CRM database manager
  • Metadata analyst
  • Data transformation operations lead
  • Acquisition data integration specialist

Several major companies across different industries are hiring in this field:

  • EY
  • Eli Lilly
  • JLL
  • Equinix
  • Merkle
  • The Walt Disney Company
  • Netflix
  • Apple
  • Yahoo
  • IBM
  • Adobe
  • Procter & Gamble
  • Regions Bank
  • The Home Depot

More on data management job openings: Top 20 Data Management Companies Hiring

Data management salaries

Salaries in the data management field appear to match up with the demand for tech talent, data specializations, and growth of the market:

Job titleNational Average (U.S.)
Data governance analyst$116,898
Database administrator$86,833
Data architect$132,617
Master data management (MDM) specialist$83,860
Data warehouse developer$108,201

(Source: ZipRecruiter)

Conclusions

The demand for certain types of data management specialists is growing, adding new job opportunities and increasing salary potential for candidates. As a growing number of businesses focus on data management, they often start with a data architect who can design or redesign the way a company thinks about data. Data architects are at the core of everything that other data management professionals and solutions need. Because their skills are in high demand and low supply, data architects can expect continued job growth.

Data governance specialists are also seeing favorable prospects because of increasing global and industrial regulations. Many companies are struggling to comply with these new expectations. Without experts who can deploy and manage data governance technologies, these companies run the risk for major fines, security breaches, and problems with customer trust.

Overall, the data management job market is experiencing significant momentum that will likely lead to new job roles and specialties. Expect to see new data management opportunities spring up around technologies like the Internet of Things (IoT) and AI/ML innovations.

Read next: Top Data Management Platforms & Software

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