Market Analyst

Overview

A Market Analyst is a professional responsible for examining market conditions to identify opportunities and trends that can inform an organisation's business strategies. This role involves researching competitors, analysing consumer behaviour, and assessing economic conditions to help businesses make informed decisions about their products, services, and market positioning. Here is a detailed overview of what a Market Analyst is and what they do:

Market Analysts focus on gathering and interpreting data related to market trends, customer preferences, and competitive dynamics. Their goal is to provide insights that guide strategic decisions, helping businesses understand their target markets and effectively position their offerings.

In a rapidly changing market landscape, Market Analysts play a crucial role in helping organisations stay competitive and responsive to market demands. Effective market analysis can lead to better product development, targeted marketing strategies, and increased profitability.

Skills required
Emotional Intelligence
Communication
Critical Thinking and Problem-Solving
Adaptability and Flexibility
Collaboration and Teamwork
Creativity and Innovation
Time Management and Prioritisation

Wages & employment trends for Civil Architectual Engineer

US Median wages (2023)
$46.10

Hourly

$95,890

Annually

US Employment (2023)
341,800

Employees

22,900

Projected job openings

US Projected job growth
+6-8%

Faster than average

POWERED BY ONET
Select your state
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Rhode Island median wages (2023)
$47.78

Hourly

$99,370

Annually

US Employment (2023)
940

Employees

90

Projected job openings

US Projected job growth
+17%

Faster than average

POWERED BY ONET

Source: Bureau of Labor Statistics 2023 wage data and 2023-2033 employment projections. “Projected growth” represents the estimated change in total employment over the projections period (2023-2033). “Projected job openings” represent openings due to growth and replacement.

about the industry
Marketing & Communications

The marketing sector is vital for connecting products and services with consumers, utilising strategies in advertising, market research, and digital media to enhance brand awareness and drive sales. Professionals in this field analyse consumer behaviour and craft compelling messages to influence purchasing decisions. Through creative and analytical approaches, marketing plays a crucial role in business growth and competitive positioning.

Build your skills to be become a Civil Architectual Engineer

No items found.

Training opportunities

Select your state
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Core
Marketing & Communications
|
Business Intelligence Analyst
Marketing Intelligence

Learn about the Business Industry, discover vital information about the job role: Business Intelligence Analyst, and also take a deep dive into the hard skill: Marketing Analysis.

industry expert:
Eleanor Smith-King
3-5 hours