Senior Market Research Analyst salary in Iceland

Average Yearly Salary of Senior Market Research Analyst in Iceland is approximately 14,349,937 ISK (99,905 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Senior Market Research Analyst do?

A senior market research analyst is responsible for conducting comprehensive market research and analysis to gather insights and provide recommendations for business strategies. They design and execute research projects, collect and analyze data, and interpret findings to identify market trends, customer preferences, and competitive landscapes. They collaborate with cross-functional teams to develop marketing plans, product positioning strategies, and pricing models based on their research findings. Senior market research analysts also monitor industry developments, consumer behavior, and emerging market trends to anticipate potential opportunities or threats to the business. They are proficient in using various research methodologies, data analysis tools, and statistical techniques to derive meaningful insights. Excellent communication skills are essential as they present research findings to stakeholders and provide actionable recommendations. Overall, a senior market research analyst plays a critical role in helping organizations make informed decisions and achieve their business goals.

Skills: market research, data analysis, market trends, consumer behavior, competitive analysis, strategic planning
Job industry: Marketing

How much does Senior Market Research Analyst make?

Difference in salary year over year or average salary increase is approximately 4 %


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Senior Market Research Analyst a well paid job?

Yes, our data shows that Senior Market Research Analyst is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Senior Market Research Analyst?

High salary for Senior Market Research Analyst would be somewhere between 15,784,931 ISK and 20,807,409 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Market Research Analyst in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 14,349,937 ISK
Estimated Monthly Salary: 1,195,828 ISK
Estimated Weekly Salary: 275,960 ISK per week
Estimated Hourly Salary: 6,899 ISK per hour
By working as Senior Market Research Analyst a person can save up to 5,597 USD per month or 67,159 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Senior Market Research Analyst

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

Random salary:
Clinical neuropsychologist (14,076,335 ISK per year, pre-tax.)
Chief science officer (31,368,623 ISK per year, pre-tax.)
Warehouse assistant manager (10,145,678 ISK per year, pre-tax.)
Director finance operations (15,214,629 ISK per year, pre-tax.)
Chief pilot (aircraft) (21,847,313 ISK per year, pre-tax.)

Feedback about these results