One probable reason why you are keen on learning Power BI is that you want to make a career in Power BI. You might be having a lot of questions to be sure whether you are thinking in the right direction or not? Well, worry no more, we will provide you complete information on Power BI Career Opportunities, along with their salaries and a complete overview of scope in Power BI.
Before diving into Power BI career prospects, let’s have a quick glance of Microsoft Power BI.
What is Microsoft Power BI?
Microsoft Power BI is a suite, which is a collection of Business Intelligence Tools such as software services, apps and data connectors. It is a cloud-based platform used to consolidate data from varied sources into a single data set.
These data sets are used for data visualization, evaluation, and analysis by making shareable reports, dashboards, and apps.
Microsoft offers three types of Power BI platforms:
- Power BI Desktop (Desktop Application)
- Power BI Service (SaaS i.e. Software as a Service)
- Power BI Mobile (for iOS and Android devices)
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Microsoft Power BI Market Share
Power BI is a leader among other BI tools. It proves to be an efficient and user-friendly tool for data analysis. It enables users to consolidate data from multiple sources, make interactive dashboards, evaluate data, create informative reports and share it with other users.
Thus, out of all the existing Business Intelligence Companies in the market, Microsoft Power BI has a share of approximately 6.0%. As of 2019, a total of 17,393 companies are using Microsoft Power BI as their BI software. In the infographic shown below, you can also see the market share of other competitors such as Tableau, Congos, QlikTech, etc.
Why use Power BI
Power BI is a leading BI tool in today’s time. It offers a ton of business intelligence and data analysis tools. We have enlisted some reasons for why you should use Power BI for data analysis in your firm.
- Multiple source connectors (more than 70 data connectors)
- Cheapest/ most inexpensive solution
- Interactive visual dashboards
- Easily accessible from anywhere
- Data sharing and collaboration
- Natural language query
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Power BI Career Opportunities
First, we’ll look at the most searched query, that is, the earnings of different job profiles in Power BI:
Average Salaries for Different Job Roles
Here, we have provided the average salaries (per annum) based on different job roles in Power BI. The average salary of a Power BI professional is Rs. 5,82,000.
- Power BI Data Analyst – Rs. 4,42,864
- Power BI Developer – Rs. 4,78,587
- Power BI Software Engineer – Rs. 4,42,373
- Power BI Analyst – Rs. 4,94,000
- Senior Software Engineer – Rs. 7,85,636
- Senior Business Intelligence (BI) Analyst – Rs. 9,28,556
- Power BI Business Analyst (IT) – Rs. 3,93,054
Top Companies using Power BI
Now let’s have a look at some top companies using Microsoft Power BI worldwide are:
- Rolls-Royce Holdings PLC (UK)
- Kraft Heinz Co (USA)
- Conde Nast (USA)
- Dell (USA)
- Meijer (USA)
- Hospital Montfort (Canada)
Top Industries using Power BI
Power BI is used in varied types of companies that belong to different kinds of industries such as computer software, IT, healthcare, etc. In the image given below, we have graphically represented the number of companies using Power BI in different types of industries. As it can be very clearly seen, about 24% of the total number of companies considered belong to computer software and IT sector.
Top Countries using Power BI
In this section, we will provide you with the country-wise statistics of companies using Power BI. The country with the most jobs for Power BI professionals is the USA. The USA serves about 54% of the total number of companies considered. It is followed by the UK having 11% of the total companies using Power BI.
Distribution of Companies using Microsoft Power BI
In this section, we’ll see how the companies using Power BI gets distributed over a range of employee size and revenue bands.
1. Based on Employee Size
The companies using Microsoft Power BI are divided into three main categories based on employee size. Small (<50 employees), Medium (50 to 1000 employees) and Large (>1000 employees).
Most of the companies using Power BI i.e. 43% fall under the medium employee size.
2. Based on Revenue
Another way to study the distribution of companies using Power BI is to base it on the revenues made by a company. Basing our distribution on revenue generated per year, we can broadly classify companies in three categories. Small (<$50 Million), Medium (between $50M and $1000M) and Large (>$1000M). 46% of total companies using Power BI are small, 27% large and the remaining 19% are medium.
Power BI Career Trends in India
India is the third-largest country in providing customers that are using Microsoft Power BI. Have a look at the education, salary, location, and companies using Power BI in India.
1. Education Required
To work as a Power BI professional, you need to have at least one of the degrees given below.
2. Job Locations
The companies recruiting Power BI professionals are spread across India. In the list given below, you can find the top cities or locations in India where you might land up as a Power BI professional.
- Bengaluru/ Bangalore
- Delhi/ NCR
- Hyderabad / Secunderabad
Although, the average salary for Power BI professional is approximately Rs. 5, 82,000/year. Different ranges of salary in which companies recruit Power BI professionals based on experience and skill are as follows:
- 0-6 Lakhs (entry-level professional)
- 6-15 Lakhs (mid-level professional)
- 15-50 Lakhs (senior-level professional)
Top Companies using Power BI in India
The companies listed below are few of the top recruiters of Power BI professionals in India.
- Hexaware Technologies
- Ernst & Young
- Dell International
- Wipro BPS
- Syngene International
- Infosys BPO
- HCL Technologies
Power BI Career Trends in USA
The USA is the largest customer base for Microsoft Power BI. It generates the greatest number of jobs for Power BI professionals followed by the UK. Let us gain some insights into the US market for Power BI.
1. Job Locations
As you can tell from the list provided below, the Power BI recruiters are spread evenly across the country. You can find most of the companies looking for skilled Power BI professionals in the eastern states or western such as the Seattle area. All the other regions offer decent opportunities.
- New York, NY
- Chicago, IL
- Seattle, WA
- San Francisco, CA
- Washington, DC
- Houston, TX
- Atlanta, GA
- Boston, MA
- Dallas, TX
- Austin, TX
- Redmond, WA
- Denver, CO
- Los Angeles, CA
- Bellevue, WA
2. Experience Levels
The companies in the USA recruit and pay Power BI professionals on three levels of expertise. The salaries vary as per your experience level.
- Entry Level
- Mid Level
- Senior Level
3. Salary Estimates
These are the salary estimates of a Power BI professional in the USA. The salary range depends on your experience level, expertise, and qualification.
- $35,000 (Rs.24,06,180.00)
- $52,100 (Rs.35,81,770.80)
- $72,000 (Rs.49,49,856.00)
- $80,900 (Rs.55,61,713.20)
- $100,600 (Rs.69,16,048.80)
Top Companies using Power BI in the USA
The companies listed below are few of the top recruiters of Power BI professionals in the USA.
- PosiGen LLC
- Amazon Web Services, Inc.
- Pro Star Service LLC
- Granicius Inc.
- Saxony Partners
- Streamline Recon LLC
Power BI Career Trends in UK
After studying the job trends in the USA and India, let us have a look at the career trends in the UK.
1. Job Vacancy Trend
The graph given below shows the job vacancy trends for Power BI as of May 2019. Looking at this chart, we can be certain of constantly increasing job opportunities in the UK for Power BI professionals.
2. Salary Trend
The graphs given below show a salary trend for jobs citing Power BI in the UK. The average salary falls between the range of £40,000 to £50,000.
UK Salary Histogram
Salary Trend in UK
Source – ITJobsWatch
Future of Power BI
Power BI occupies a place in the “Leader” quadrant of Gartner’s Magic Quadrant 2019 Business Intelligence. With a brand name Microsoft backing it up, Power BI has seen continuous growth in its customer base since its advent in 2015. This is because it proved to be a convincing tool by providing users with lots of different tools such as Power Query, Power Pivot, Power Maps, Power View all in a single solution. Also, users have the advantage of using data transformation and visualization capabilities of Power BI with Microsoft Excel.
As far as the scope in Power BI is concerned for the coming years, it will continue to be a leading BI tool among its competitors like Tableau, Qlik Sense, etc. If you like to work with data, create graphs/charts/visualizations, analyzing reports, discovering insights, etc, you can always have Power BI as your career path.
With a current customer base of about a million people worldwide, Power BI is a promising tool if you plan on making it your career working on positions like Power BI Developer, Power BI Admin, Power BI Analyst, Power BI Consultant, etc.