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Career Handbook - Market and Survey Researchers Outlook
Market and Survey Researchers
Outlook

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Outlook

Employment of market and survey researchers is expected to grow faster than the average for all occupations through 2012. Many job openings are likely to result from the need to replace experienced workers who transfer to other occupations or who retire or leave the labor force for other reasons. Opportunities should be best for those with a master's or Ph.D. degree in marketing or a related field and strong quantitative skills.

Demand for market research analysts should be strong because of an increasingly competitive economy. Marketing research provides organizations valuable feedback from purchasers, allowing companies to evaluate consumer satisfaction and more effectively plan for the future. As companies seek to expand their market and as consumers become better informed, the need for marketing professionals will increase. As globalization of the marketplace continues, market researchers will also be increasingly utilized to analyze foreign markets and competition for goods and services.

Market research analysts should have opportunities in a wide range of employment settings, particularly in marketing research firms, as companies find it more profitable to contract for marketing research services rather than support their own marketing department. Increasingly, marketing research analysts are not only collecting and analyzing information, but are also helping the client implement their ideas and recommendations. Other organizations, including computer systems design companies, financial services organizations, healthcare institutions, advertising firms, manufacturing firms producing consumer goods, and insurance companies may offer job opportunities for market research analysts. Survey researchers will be needed to meet the growing demand for market and opinion research, as an increasingly competitive economy requires businesses to more effectively and efficiently allocate advertising funds.

Bachelor's degree holders may face competition for the limited number of market and survey research jobs for which they are eligible. However, they will qualify for a number of other positions, however, in which they can take advantage of their knowledge in conducting research, developing surveys, or analyzing data. Some graduates with bachelor's degrees will find jobs in industry and business as management or sales trainees or as administrative assistants. Bachelor's degree holders with good quantitative skills, including a strong background in mathematics, statistics, survey design, and computer science, may be hired by private firms as research assistants or interviewers.

Ph.D. degree holders in marketing and related fields should have a range of opportunities in industry and consulting firms. As in many other disciplines, however, Ph.D. holders are likely to face keen competition for tenured teaching positions in colleges and universities.
 


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Data Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2004-05 Edition