(I wrote a blog [1] making a call that Data Engineering was likely also to see something of a relative demand decline, or be better defined into Software Engineer and Analytics Engineer, so I am quite interested in your analysis here)
https://groupby1.substack.com/p/data-engineering
> Most businesses' data engineering needs have been solved or will shortly be solved by managed services that 10 years ago would require endless and extensive self-built ETL pipelines, databases and tools. For the exceeding majority of businesses, this means they can and should focus on building capacity for business logic, analysis and predictions instead of data engineering.