Market Demand for Business Analysis

In order to maintain a competitive edge and reach the optimal performance, there is a need for skills business analysts by the brands. With this demand, the salary the business analysts are offered is also increasing.

According to a report by the Bureau of Labor Statistics, the need for business analysts is estimated to show an increase of 14% by 2024. Also, the business analyst job market is projected to grow by 14.3% between 2016 and 2026.

As per the Glassdoor Salary Survey 2018, the average base salary of one in business analysis is $70,170. Entry level positions in business analysis can be awarded the average salary of $63,000 which has the potential to exceed up to $126,000.

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