Power BI Job Opportunities & Career In 2024

October 22nd, 2020
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power bi opportunities

If you want to create a career in Power BI, then this is the best time to begin learning Power BI. You may have plenty of inquiries on your mind, including why learn Power BI and Power BI Job Opportunities in 2024.

In the rapidly changing sphere of data analytics, Power BI has come forth as a highly valuable tool. It has been helping professionals globally in converting raw data into highly actionable insights. Before we dive into the more important question, here is a brief on 'what is Microsoft Power BI'.

What Is Microsoft Power BI?

Microsoft Power BI is a suite of Business Intelligence tools like software services, apps, and data connectors. It's a cloud-based platform accustomed to consolidate data from varied sources into one data set. These data sets are further used for data evaluation, analysis, and visualization, by making shareable dashboards, apps, and reports.

With a Microsoft Power Bi course, you will learn that it offers three kinds of Power BI platforms:

  • Power BI Desktop (Desktop Application)
  • PowerBI Service (Software as a Service)
  • Power BI Mobile (Android devices and iOS)

Power BI can be said to be a leader among BI tools. It has proven to be a user-friendly and efficient tool for data analysis that enables users to consolidate data from various sources. The goal is to evaluate data, make interactive dashboards and informative reports, and share it with other users.

Thus, out of all the present business intelligence companies within the market, Microsoft Power BI incorporates a share of roughly 6.0%. Additionally, approximately 17,393 companies are using Microsoft Power BI as their BI software.

Why Use Power BI?

One of the main reasons why you should go for a Power BI Training is because of the benefits companies enjoy by adopting this tool. Here are some reasons as to why organizations use Power BI for data analysis.

  • An uncomplicated setup
  • Simple to use
  • Streamline publication & distribution
  • Inexpensive solution
  • Access from anywhere
  • Collaboration and data sharing
  • Real-time information
  • Natural language query
  • Cortana integration
  • Interactive visual dashboards

Power BI Job Opportunities & Career

Here is a list of the average salaries for various Power BI job roles in India and in the US.

JOB ROLEINDIAUSA
Power BI Data Analyst Rs. 6.25 LPA    $82,640
Power BI DeveloperRs. 6.0 LPA    $111,549
Power BI Software Engineer Rs. 6.0 LPA    $110,000
Power BI Analyst Rs. 5.9 LPA    $82,640
Senior Software Engineer Rs. 14.5 LPA    $195,029
Senior Business Intelligence (BI) Analyst Rs. 12.4 LPA    $108,101
Power BI Business AnalystRs. 5.9 LPA    $82,640

NOTE: these are tentative average annual salaries that ultimately depend on a lot of additional factors.

Education Required

To work as an influential BI professional, you must possess at least one of the degrees given below. This will ensure you have the basic educational background to fulfill the duties that tag along the associated job roles.

  • B. Tech/B.E
  • M.Tech
  • MCA
  • BCA
  • MS
  • MBA

Power BI Developer Salary

Although the typical salary for a Power BI professional is approximately Rs. 5, 82,000 per annum, it depends on a few factors. The range of salary that a company recruits you on as a Power BI professional depends on your experience and skill. Here is a bifurcation of tentative salaries on the basis of experience.

  • 0-6 Lakhs (entry-level professional)
  • 6-15 Lakhs (mid-level professional)
  • 15-50 Lakhs (senior-level professional)

You May Also Read- How to Become a Power BI Developer?

Top Companies using Power BI in India in 2024

The companies listed below are few of the highest recruiters of Power BI professionals in India.

  • Accenture
  • WNS
  • Hexaware Technologies
  • Ernst & Young
  • Capgemini
  • Dell International
  • Wipro BPS
  • Deloitte
  • Sony
  • Syngene International
  • Infosys BPO
  • HCL Technologies

Top Companies using Power BI Globally in 2024

The companies named here are hiring Power BI professionals across the globe.

  • Walmart
  • ExxonMobil
  • Apple
  • McKesson
  • Costco Wholesale
  • H&M
  • Pepsico
  • Hershey
  • UNICEF
  • Nestle
  • L'Oreal

Future of Power BI

With Microsoft's name backing this tool, Power BI has showcased continuous growth in its customer base since its advent in 2015. The amazing suite of tools it provides has also tipped the boat in its favor. Tools like Power Pivot, Power Maps, PowerQuery, and PowerView act as a fantastic solution for major problems faced by organizations. Also, businesses have the opportunity to use data visualization and transformation capabilities of Power BI, along with Microsoft Excel.

In 2023, Power BI remained a strong name in the field of IT services, with approximately 16% of the total market share. It is a dominating force in the BI market, even amid the continuously changing powerplay.

With a current customer base of a few million people worldwide, Power BI can prove to be a promising tool. Yes, you will need to take the help of a leading Power BI online training if you wish to expand your career in related positions. like Power BI admin, Power BI developer, Power BI consultant, Power BI analyst, etc.

Conclusion

Now you have a good amount of information on the Power BI job opportunities. You should definitely set out to learn Power BI under the right mentorship as this tool is here to stay and thrive. It has an expansive community, is AI infused, and follows a user-friendly approach. All these factors and more are ensuring factors around the continued future success of Power BI.

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