The annual Analytics India Salary report presented by AIM and AnalytixLabs is the only annual study in India that delves into salary trends and provides a comprehensive view of the changing landscape of analytics salaries. The report, now in its sixth year, look at the distribution of average salaries across several categories including years of experience, metropolitan regions, industries, education levels, gender, tools, and skills.
The Data Analytics function is experiencing significant growth and development in terms of skills, capabilities, and funding. Last year, despite the pandemic, the Indian start-up industry witnessed $836.3 million investment, almost a 10% (9.7%) increase than the previous year. Also, more than one in five (21%) analytics teams across firms in India witnessed a growth in the last 12 months and the post-pandemic job market saw an upswing of data science jobs. The development of the data science domain is evidenced by the high salaries drawn by analytics professionals across the organization, with Analytics professionals doing relatively well in spite of the pandemic.
The scale of growth of any domain is evinced by the salaries drawn by experienced professionals or the growth in the proportion of experienced professionals drawing higher salaries. This past year has indeed been an effective growth year for the Data Science and Analytics domain, with an increase in the median salary in the analytics function and a corresponding increase in salaries and the proportion of professionals in the upper experience cadre.
- The median salary of analytics professionals in India in 2021 is INR 13.4 Lakhs – a 6.9% decline over the 2020 median salary of INR 14.4 Lakhs. Much of the decrease in salary can be attributed to the pandemic. In spite of this, the median has remained above the 2019 median.
- The proportion of the analytics professionals remains the highest in the entry and middle-income levels (0-6 Lakhs – 38.2% and 6-10 Lakhs – 20.3%). The salary cuts led to an increase in the percentage of Analytics professionals in lower brackets.
- However, 41.5% of all the analytics professionals fall under the higher income level (greater than 10 Lakhs per annum). The percentage of analytics professionals with greater than 10 lakh salary was 45.6% in 2020, signifying a decrease in the percentage of professionals in the bracket
Table of Content
- 1 — Executive Summary
- 2 — Overview
- 3 — Scope & Methodology
- 4 — Key Takeaways
- 5 — Salary Distribution Across Brackets
- 6 — Salaries In Analytics Compared To Other IT Role
- 7 — Salary Trends Across Cities
- 8 — Salary Across Experience Levels
- 9 — Salary Across Industries
- 4 — Salaries Across Data Science Roles
- 5 — Salaries by Company Type
- 6 — Salaries by Education Qualifications
- 7 — Gender Salary Gap
- 8 — Salaries by Tools
- 9 — Conclusion