Market Researcher

Woman market researcher in black and white horizontally striped shirt stands in front of colorful charts and sticky notes
Career Clusters: Marketing

What you need to know


Market research analysts study market conditions to examine potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price.

What is a market researcher?

Because most industries use market research, these analysts are employed throughout the economy. Most analysts work full time during regular business hours. Some work under pressure of deadlines and tight schedules.

Some of the things a market research analysts might do:

  • Monitor and forecast marketing and sales trends
  • Measure the effectiveness of marketing programs and strategies
  • Devise and evaluate methods for collecting data, such as surveys, questionnaires, and opinion polls
  • Gather data on consumers, competitors, and market conditions
  • Analyze data using statistical software
  • Convert complex data and findings into understandable tables, graphs, and written reports
  • Prepare reports and present results to clients and management

Watch this video to learn about what our market researcher role models do in their careers:

What skills are needed?
  • Analytical skills: Market research analysts must be able to understand large amounts of data and information.
  • Communication skills: Market research analysts need strong communication skills when gathering information, interpreting data, and presenting results to clients.
  • Critical-thinking skills: To determine what marketing strategy would work best for a company, market research analysts must assess all available information.
  • Detail oriented: Market research analysts must be detail oriented because they often do precise data analysis.

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What is the pay?

The average pay for market research analysts in the United States was $74,680 in May 2023 according to the U.S. Bureau of Labor Statistics.

A market research analyst’s pay depends on factors such as level of experience, education and training, geographic location, and specific industry.

What is the career outlook?

About 94,600 new job openings for market research analysts are projected each year, on average, over the next 10 years in the United States.

Overall employment of market research analysts is projected to grow 13 percent from 2022 to 2032 according to the U.S. Bureau of Labor Statistics. This is much faster than the average growth rate for all occupations.

Employment growth will be driven by an increasing use of data and market research across many industries.

They will be needed to help understand the needs and wants of customers, measure the effectiveness of marketing and business strategies, and identify the factors affecting product demand.

What education is required to become a market researcher?

Market research analysts typically need a bachelor’s degree in market research or a related field. Many have degrees in fields such as statistics, math, or computer science. Others have backgrounds in business administration, the social sciences, or communications.

Some market research analyst jobs require a master’s degree. Several schools offer graduate programs in marketing research, but many analysts complete degrees in other fields, such as statistics and marketing, and/or earn a master’s degree in business administration (MBA). A master’s degree is often required for leadership positions or positions that perform more technical research.

Discover some of the courses you will take pursuing a degree in Marketing, Mathematics, Computer Science or Communications.

Watch this video to learn more from our market researcher role models: