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Python insights: job and market growth stats

Read about the most up-to-date insights and statistics about Python. Find out about the different types of jobs available and their salaries, as well as some predictions and forecasts for the future of this steadily growing programming language.

Python uses

For a project that initially started out as an homage to the British comedy troupe Monty Python, it’s fairly astounding how far Python has come along since it was first launched back in 1992. It’s quickly become one of the most popular and widely-used programming languages in the world, with applications in web development, data analytics, machine learning, and design. 

In this article, we’ll take a look at why this particular programming language is so important in the world today, and what the future might have in store too. In addition to exploring the landscape of programming languages, we’ll also look at what drives growth and what jobs and salaries there are. We’ll also look at how you can go about learning Python, and the various routes into these roles. 

The current landscape regarding Python

In essence, Python is a programming language based around data and is built in a fairly intuitive way which makes it easy to write and understand. This offers the user the chance for rapid development in the world of coding. 

It is incredibly versatile, which means Python has multiple possible applications – in general, though, it’s commonly used for web applications and software development, but it can be used in anything from AI to machine learning.

Because of its ease of use and versatility, many large corporations and companies have adopted it – just some of the high profile companies that use Python as their primary coding languages include NASA, Spotify, Dropbox, Instagram, and even Google. 

What is Python’s global market value?

There are several different reports that we can look at and use to get a good idea of the global value of Python at the moment. According to Statista, Python was the most popular programming language in the world in early March 2020. 

In addition, the official ranker for programming languages, the Popularity of Programming Language Index (PYPL), reinforces Python as the most popular programming language. This puts it above more familiar programming languages like Java.

Python is an open-source language, which means that anyone can use it. This makes it quite tricky to calculate the overall global market value. However, if you look to an industry such as data analytics, in which Python can be used, the market value is over $10 billion.

What is the Python job market like?

So what does the job market look like in the world of Python? The number of job postings is often the best indicator of the demand for a language. As Python is the most popular programming language in the world used by companies all across the globe, it’s a pretty strong market. Python also topped many lists of the most in-demand tech skills that employers were looking for.

In recent years, Python has seen a huge increase in jobs. There are currently more than 10,000 job advertisements worldwide on Glassdoor for Python-related roles, with Indeed having around 14,000 roles. Compared to the roles related to Java, Indeed currently has nearly double the amount for Python which only goes to show how big the Python job market is at the moment. 

And as more large companies use it, or continue to use it, the number of roles available will only increase. Demand for Python developers has increased to such a level that there is now a website simply called PythonJobs which has the sole purpose of advertising Python-related jobs across the globe.  

Estimated growth

In the past few years, Python has experienced unprecedented growth. At the start of 2020, it was the fourth most popular programming language in the world – by March, it was the most popular, and it shows no signs of slowing. Forbes reported that even in 2018 it had grown by a whopping 456%.

It was reported in September 2018 that there were just over 7 million Python developers. By April 2019, this number had reached well over 8 million, overtaking Java developers in the process. Due to lockdown laws being implemented across the globe, there was also a marked uptick in people contributing to open source projects, with Python usage almost doubling.   

What is driving growth in the use of Python?

There are a number of different things that are driving this continued growth in the use of Python. The first thing is almost certainly due to some of the biggest companies in the world deciding to use Python as their primary programming language. This opens up many more employment opportunities and even Python training programs

It is also a result of data analytics becoming a primary focus for many industries. There is so much data now that companies are looking for data scientists to use programming languages like Python to make sense of this data and help drive business results.

Here are some of the other main drivers behind the growth in the use of Python:

  • AI and machine learning – machine learning is something of a hot topic in the IT world at the moment. From Google’s predictive searches through to using Siri on your phone, the possibilities of machine learning are vast. And currently, Python is the major language used by web developers to make this task easier.
  • Data analytics – arguably the single biggest reason as to why people are migrating to Python, there are estimates that 17MB of data is created by every person in the world every second. The need to organise and manipulate this data has never been more important, and data analytics using Python makes a lot of sense.  
  • Programming applications – Python is incredibly versatile, and can be used to program all kinds of applications. From blockchain applications to video and audio apps, Python is an ideal choice for programming applications
  • Web development – due to the extensive libraries and frameworks offered by Python, including Django and Flask, and the versatility of the language, it’s a great choice for web developers. It’s from these frameworks that sites like Spotify and Reddit were created. 
  • Data visualisation – whether you are looking to create simple graphics or something more interactive, then Python is a great choice when it comes to data visualisation. Due to the wide range of libraries, data visualisation with Python will give you a wide range of possibilities, allowing you to transform your data into meaningful insights.

Python job insights

So now we have a good grasp on the language and its popularity, let’s take a look at the different jobs available in the world of Python. Given the enormous popularity and widespread usage of Python in companies both big and small, it comes as no surprise that there is a wide range of different roles available that have Python at their core. 

We’ve outlined some of the main employment opportunities, as well as the ways that you can get into them and the salaries, below. 

What types of jobs use Python?

As we have already discussed, the uses of Python are almost innumerable. It’s an incredibly versatile programming language that can be used in a veritable myriad of different roles and industries. We’ve picked out some of the most popular and in-demand roles that are currently available and that require Python skills:

  • Software developer. Software development with Python is one of the most effective uses for this innovative programming language. After all, Reddit and Spotify, amongst others, had their software developed in Python. Software developers would be required to write, edit, and test the code, as well as maintaining their programs. 
  • Data scientist. Data scientists effectively have to find patterns and make predictions using the company’s data libraries. Because Python has the ability to automate and analyse data fields, it’s quickly become the go-to language used in data science. 
  • Machine learning engineer. Python’s ability to handle algorithms and deal with data automation makes it the ideal programming language for machine learning. ML engineering requires additional skills and qualifications, but it’s still worth noting here as it gives you an idea of the range of roles available. 
  • Python developer. A bit of an obvious one here – but python developers are in hot demand at the moment. While there may be parallels with software development, often you’ll use other tools and languages in that role. As a Python developer, you’ll just be using Python to write code and build backend infrastructure. 

What is the average salary of a role that uses Python?

As with any other industry, the average salaries for roles that use Python vary depending on the role, the sector you’re working in, and the amount of experience you have with Python. IT Jobs Watch, a website that specialises in collating salary data across the IT industry, states that the median annual salary in the UK for a role requiring Python skills is £65,000. 

If we take a look at some of the separate roles we discussed above, the salaries differ. According to Glassdoor, a Python developer has an average annual income of £58,386. A data scientist, on the other hand, has an average income of £41,330 (according to PayScale). 

A report from the US Bureau of Labour Statistics also stated that between 2019 and 2029, they predicted a 22% growth of demand for software developers, and that an average annual wage amounts to $110,140. 

How to get into Python

If you have a keen interest in software programming and web development, then Python is a great skill for you to have. It can be a great additional language to learn if you’re already familiar with something like Java or C, and can be really useful if you have an understanding of coding and want to take this a step further. And having advanced computer skills goes without saying really. 

Despite this broad set of skills and requirements, there are a number of ways to enter into the world of Python, and to see which application suits your skill set the best. 

  • Education – most roles that use Python will require you to have had some previous experience in using this programming language. As it is an open-source programming language, there aren’t necessarily certificates or accreditation you can receive that states your success in using it. However, you can enrol in one of our Python courses whether that’s Python essentials, or data analytics using Python.
  • Experience – more and more, companies are hiring candidates with development skills that have been nurtured themselves. Anyone can use Python, so anyone can build upon their experience with it – so you can start programming with Python today, and prove your skills.
  • Internships – these are the best ways to get hands-on experience with Python, and then also potentially end up with an employment opportunity at the other side of it too. It’s a low stake option to test the waters and see how you like working with Python.

The future of Python

As Big Data and machine learning become more important, the future of Python becomes more certain and secure. In addition, there’s a move towards AI, which Python can program quickly and easily, making it a language that is certainly here to stay. With games and software being created with Python alone, it has only been in recent years that people have come to understand the full implications of this programming language. 

For the past four years, Python has been rated as one of the most desirable technologies to have experience in, and as technological traits like data analysis become more prescient in different industries, this is a trend that is likely to continue. Python is certainly an in-demand programming language that has a bright future.

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