Explore Jobs
Find Specific Jobs
Explore Careers
Explore Professions
Best Companies
Explore Companies
What is a market analyst and how to become one
A Market Analyst is a marketing expert who collects and analyses data concerning market conditions and trends, competitors, suppliers, and consumer behavior, with the intent of using the results to create viable marketing strategies meant to promote the company and avoid risky situations altogether.
They act as advisors to marketing and sales heads and managers and should be able to use their insightful skills to understand the current market and predict future market trends. A good Analyst has a vast knowledge of modern marketing and sales but also of statistics and mathematics and should always try to keep abreast with the advancements and research within the industries they work in.
A candidate for this position generally needs to have a Bachelor's degree in a subject such as Statistics, Data or Social Sciences, or Marketing, and past experience in a marketing position. They should also have proficiency with certain analytical platforms and software and general computer and social media literacy. A Market Analyst, on average, earns $27.16 an hour, amounting to $56,495 a year.
What general advice would you give to a Market Analyst?
Linda Goulet
Interim Associate Dean/Department Chair, Marketing, Davenport University
Avg. Salary $61,606
Avg. Salary $59,228
Growth Rate 19%
Growth Rate 0.3%
American Indian and Alaska Native 0.13%
Asian 14.38%
Black or African American 4.77%
Hispanic or Latino 11.34%
Unknown 4.90%
White 64.49%
Genderfemale 38.95%
male 61.05%
Age - 34American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 34Stress level is manageable
7.1 - high
Complexity Level is challenging
7 - challenging
Work Life balance is fair
6.4 - fair
Market Analyst career paths
Key steps to become a market analyst
Explore market analyst education requirements
Start to develop specific market analyst skills
Skills 
Percentages Analytics 6.61% Market Research 6.49% Provide Management 6.10% PowerPoint 5.40% Data Analysis 5.17% Complete relevant market analyst training and internships
Accountants spend an average of 1-3 months on post-employment, on-the-job training. New market analysts learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a market analyst based on U.S. Bureau of Labor Statistics data and data from real market analyst resumes.Research market analyst duties and responsibilities
- Manage walk-in and appointment GIS requests.
- Manage project team meetings using SharePoint calendars.
- Conduct valuation of commercial loan portfolios for various financial institutions with VBA, SQL and DataRaptor.
- Improve automation reports in Excel/VBA and Bloomberg API.
Prepare your market analyst resume
When your background is strong enough, you can start writing your market analyst resume.
You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a market analyst resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.
Choose From 10+ Customizable Market Analyst Resume templates
Build a professional Market Analyst resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Market Analyst resume.
Apply for market analyst jobs
Now it's time to start searching for a market analyst job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
How Did You Land Your First Market Analyst Job
Are you a Market Analyst?
Share your story for a free salary report.
Average market analyst salary
The average Market Analyst salary in the United States is $61,606 per year or $30 per hour. Market analyst salaries range between $41,000 and $90,000 per year.
What Am I Worth?
How do market analysts rate their job?
Market Analyst reviews
I juss have a passion to work as a market researcher I also did marketing
Compiling data of organization and implementing strategies to measure growth in business
Fundamental Economics
It really gets my mind engaged, which is good for my mental exercise.
Having tight schedules.
Updated January 8, 2025
