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© 2019 CREDFORCE. ALL RIGHTS RESERVED. 01
2018 was the year of IT job market
. 2019 will be themetamorphosis
year of its .evolution
2019 IT JOBS GROWTH
FACTSHEET
Ever since the IT revolution has hit the economies, industries have changed radically.
Roles that had never existed previously now dominate the job market. A changing job
market means new challenges and greater responsibilities for HR and talent
management professionals. New technologies like Data Science, Articial Intelligence
and Blockchain are placing excessive demands on recruiters. The demand for skilled
professionals is staggering and hiring managers are battling to ll crucial vacancies.
Business challenges moved many notches up and sustainability is not the prime issue
anymore; the prime issue now is sustenance. This factsheet attempts to understand the
present extent of this problem and its probable impact on the year ahead.
OVERVIEW:
DRIVERS OF THE RECRUITMENT FLUX:
2018 was the year of IT job market metamorphosis. 2019 will be the year of its
evolution.2018 was the year of digital transformations. While automation and
seamless integration reformed underlying business processes, IoT, net neutrality,
big data, and actionable analysis portrayed newer challenges. Three technologies,
in particular, challenged HR professionals and talent managers in varied ways. The
recruitment industry was driven by these three predominant changes:
Here are the numbers:
Data Science
Articial Intelligence
Blockchain
1,104,300
469,642
286,784
59,223
17,434
7,511
710,676
209,208
90,132
Total Candidates Monthly Jobs Yearly Jobs
© 2019 CREDFORCE. ALL RIGHTS RESERVED. 02
Data science jobs were leading the trends. But Blockchain also seemed to be catching
up pretty fast as well.
FACT 1 FACT 2 FACT 3
Blockchain jobs grew by 2000% for
three-quarters in a row (Source: Upwork).
Blockchain was quoted as the fastest
growing skill with more than 6,000%
year-over-year growth in Q1, 2018
Data Science
Jobs surged
up by 75%
Articial Intelligence
jobs compounded by
4.5 times since 2013
WHERE IS IT HEADED (PROJECTION 2019):
The recruitment industry compass
is pointing to greater challenges in the year
ahead. Hiring in 2019 will be marked by the following:
Emphasis on non-technical attributes
Strong and quick job offers
Willingness of organizations to train for new roles
Demand for hybrid job skills
© 2019 CREDFORCE. ALL RIGHTS RESERVED. 03
Salaries for Data Science, Articial Intelligence and Blockchain
professionals have substantially surpassed salaries for professionals in
other elds. The highest paid job roles in 2018 from these three
technologies were:
BEST PAID JOB ROLES:
ARTIFICIAL INTELLIGENCEDATA SCIENCE BLOCKCHAIN
Job Role Salary Job Role Salary Job Role Salary
Big Data
Engineer
Data
Architect
Database
Developer
Database
Manager
$148,000
$131,000
$118,000
$148,000
Principal Scientist
Machine Learning
Engineer
Computer vision
Engineer
Data Scientist
$156,445
$144,851
$161,252
$167,340
Developers
(Ripple Platform)
Smart Contracts
Ethereum Developers:
Solidity
Blockchain Developers:
C ++/Go
$130,000
$104,000
$147,000
$156,000
TOP INDUSTRIES FOR DATA SCIENCE, ARTIFICIAL INTELLIGENCE AND BLOCKCHAIN TALENT POOL:
Though demand for Data Science, Articial Intelligence and Blockchain professionals will increase
across a wide spectrum of industries, three industries in particular (information technology, computer
software and nancial services) will seek them far more robustly.
Information Technology
& Services
41%
Computer Software 29%
Financial
Services 7%
Internet 7%
Management Consulting 5%
Higher Education 4%
Banking 4%
Hospital Health Care 2%
Automotive 1%
Stafng & Recruiting 1%
© 2019 CREDFORCE. ALL RIGHTS RESERVED. 04
COUNTRIES WITH HIGHEST DEMAND FOR IT PROFESSIONALS:
The United States will generate the most job opportunities
for Data Science, Articial Intelligence and Blockchain
Professionals. India will be next in line.
India
16%
United
States
46%
United
Kingdom
9%
France
7%
Canada
5%
Germany
5%
Netherlands
4%
Australia
3%
China
3% Singapore
2%
THE WAY AHEAD:
Many new certication agencies mushroomed offering
distinctive certications. We list the top 3 here:
Data Science Artificial Intelligence Blockchain
Microsoft
Hortonworks
Data Science Council
of America Certication
Google AI
Microsoft
Articial Intelligence
Board of America
Blockchain Council
Central Blockchain
Council of America
Edureka
© 2019 CREDFORCE. ALL RIGHTS RESERVED. 05
SKILL GAPS IN 2019:
In 2018, more than a million jobs were created for Data
Science, Articial Intelligence and Blockchain professionals.
The absence of sufcient skilled professionals rendered 50%
of these jobs unlled. This gap is expected to escalate in this
year as well.
Economies face the below two immediate threats:
Unemployment Skill crunch or shortage of future-ready workforce
High impact training and certication could address both these issues.
CredForce is a worldwide leader in credentialing. We’re in the business of empowering
organizations and professionals worldwide through endorsing their credibility, potential
and promise for corporate & professional excellence on rigorous global standards. As
the world’s single largest provider of state-of-the-art products, services and solutions
on credentialing and certication, we own exclusive global rights for managing global
distribution and operations of an astounding array of 50+ international certication
programs. We have also built the world’s biggest ever consortium of leading global
standards and certication bodies specializing in credentialing for 15 different industry
verticals and professions. We offer end-to-end operational, marketing, research,
assessment, audit and business support to global certication, accreditation and
credentialing bodies. To know more please visit https://www.credforce.com
About CredForce:
CREDFORCE
3700 North Capital of Texas Hwy, Suite 450A Austin,
TX 78746, United States of America
info.us@credforce.com
© 2019 CREDFORCE. ALL RIGHTS RESERVED.
LinkedIn, Glassdoor, Indeed, Roberthalf and Upwork
Reference:

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Factsheet 2019-it-jobs-growth-trajectory

  • 1. © 2019 CREDFORCE. ALL RIGHTS RESERVED. 01 2018 was the year of IT job market . 2019 will be themetamorphosis year of its .evolution 2019 IT JOBS GROWTH FACTSHEET Ever since the IT revolution has hit the economies, industries have changed radically. Roles that had never existed previously now dominate the job market. A changing job market means new challenges and greater responsibilities for HR and talent management professionals. New technologies like Data Science, Articial Intelligence and Blockchain are placing excessive demands on recruiters. The demand for skilled professionals is staggering and hiring managers are battling to ll crucial vacancies. Business challenges moved many notches up and sustainability is not the prime issue anymore; the prime issue now is sustenance. This factsheet attempts to understand the present extent of this problem and its probable impact on the year ahead. OVERVIEW:
  • 2. DRIVERS OF THE RECRUITMENT FLUX: 2018 was the year of IT job market metamorphosis. 2019 will be the year of its evolution.2018 was the year of digital transformations. While automation and seamless integration reformed underlying business processes, IoT, net neutrality, big data, and actionable analysis portrayed newer challenges. Three technologies, in particular, challenged HR professionals and talent managers in varied ways. The recruitment industry was driven by these three predominant changes: Here are the numbers: Data Science Articial Intelligence Blockchain 1,104,300 469,642 286,784 59,223 17,434 7,511 710,676 209,208 90,132 Total Candidates Monthly Jobs Yearly Jobs © 2019 CREDFORCE. ALL RIGHTS RESERVED. 02 Data science jobs were leading the trends. But Blockchain also seemed to be catching up pretty fast as well. FACT 1 FACT 2 FACT 3 Blockchain jobs grew by 2000% for three-quarters in a row (Source: Upwork). Blockchain was quoted as the fastest growing skill with more than 6,000% year-over-year growth in Q1, 2018 Data Science Jobs surged up by 75% Articial Intelligence jobs compounded by 4.5 times since 2013
  • 3. WHERE IS IT HEADED (PROJECTION 2019): The recruitment industry compass is pointing to greater challenges in the year ahead. Hiring in 2019 will be marked by the following: Emphasis on non-technical attributes Strong and quick job offers Willingness of organizations to train for new roles Demand for hybrid job skills © 2019 CREDFORCE. ALL RIGHTS RESERVED. 03 Salaries for Data Science, Articial Intelligence and Blockchain professionals have substantially surpassed salaries for professionals in other elds. The highest paid job roles in 2018 from these three technologies were: BEST PAID JOB ROLES: ARTIFICIAL INTELLIGENCEDATA SCIENCE BLOCKCHAIN Job Role Salary Job Role Salary Job Role Salary Big Data Engineer Data Architect Database Developer Database Manager $148,000 $131,000 $118,000 $148,000 Principal Scientist Machine Learning Engineer Computer vision Engineer Data Scientist $156,445 $144,851 $161,252 $167,340 Developers (Ripple Platform) Smart Contracts Ethereum Developers: Solidity Blockchain Developers: C ++/Go $130,000 $104,000 $147,000 $156,000
  • 4. TOP INDUSTRIES FOR DATA SCIENCE, ARTIFICIAL INTELLIGENCE AND BLOCKCHAIN TALENT POOL: Though demand for Data Science, Articial Intelligence and Blockchain professionals will increase across a wide spectrum of industries, three industries in particular (information technology, computer software and nancial services) will seek them far more robustly. Information Technology & Services 41% Computer Software 29% Financial Services 7% Internet 7% Management Consulting 5% Higher Education 4% Banking 4% Hospital Health Care 2% Automotive 1% Stafng & Recruiting 1% © 2019 CREDFORCE. ALL RIGHTS RESERVED. 04 COUNTRIES WITH HIGHEST DEMAND FOR IT PROFESSIONALS: The United States will generate the most job opportunities for Data Science, Articial Intelligence and Blockchain Professionals. India will be next in line. India 16% United States 46% United Kingdom 9% France 7% Canada 5% Germany 5% Netherlands 4% Australia 3% China 3% Singapore 2%
  • 5. THE WAY AHEAD: Many new certication agencies mushroomed offering distinctive certications. We list the top 3 here: Data Science Artificial Intelligence Blockchain Microsoft Hortonworks Data Science Council of America Certication Google AI Microsoft Articial Intelligence Board of America Blockchain Council Central Blockchain Council of America Edureka © 2019 CREDFORCE. ALL RIGHTS RESERVED. 05 SKILL GAPS IN 2019: In 2018, more than a million jobs were created for Data Science, Articial Intelligence and Blockchain professionals. The absence of sufcient skilled professionals rendered 50% of these jobs unlled. This gap is expected to escalate in this year as well. Economies face the below two immediate threats: Unemployment Skill crunch or shortage of future-ready workforce High impact training and certication could address both these issues.
  • 6. CredForce is a worldwide leader in credentialing. We’re in the business of empowering organizations and professionals worldwide through endorsing their credibility, potential and promise for corporate & professional excellence on rigorous global standards. As the world’s single largest provider of state-of-the-art products, services and solutions on credentialing and certication, we own exclusive global rights for managing global distribution and operations of an astounding array of 50+ international certication programs. We have also built the world’s biggest ever consortium of leading global standards and certication bodies specializing in credentialing for 15 different industry verticals and professions. We offer end-to-end operational, marketing, research, assessment, audit and business support to global certication, accreditation and credentialing bodies. To know more please visit https://www.credforce.com About CredForce: CREDFORCE 3700 North Capital of Texas Hwy, Suite 450A Austin, TX 78746, United States of America info.us@credforce.com © 2019 CREDFORCE. ALL RIGHTS RESERVED. LinkedIn, Glassdoor, Indeed, Roberthalf and Upwork Reference: