MATLAB is a computing environment for programming & numerical purposes, doubling as a proprietary programming language developed by MathWorks. MATLAB stands for matrix laboratory, mainly used for but not limited to matrix manipulations, algorithm plotting & implementations, UI implementation & interfacing with other popular programming languages like C/C++/Java. This is the reason MATLAB is very popular among people with backgrounds in engineering, science, economics or statistics with more than 3 million users worldwide. MATLAB is especially very useful for data visualization, exploration, research & discovery.
MATLAB code is well integrated with popular languages like C, C++, Java or Perl. Programmers specialized in these languages can better their career prospects using MATLAB, since employers actively look for experts who are skilled in more than one programming language. MATLAB is a very essential skill to have now, with growing amounts of data, & the need to properly visualize them.
MATLAB programming is a skill not many programmers possess but is wanted by almost all employers. It is a very lucrative skill to learn since it provides the user with many options in various scopes, whatever their chosen domain may be. For example, the specialized toolboxes in MATLAB help in easy assessment & analysis of financial records or market transactions immediately without the need to go into deep details.
MATLAB, being a good visualization tool, is an excellent option for those who wish to pursue a career in image processing. In large scale projects of machine learning & deep neural networks, MATLAB is frequently used for visualization purposes because of its high scalability. One needs to have a good understanding of MATLAB to make a career in the digital domain.