The global technology industry experienced a 16% rise in new job postings related to internet of things in Q1 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 30% decrease versus Q1 2023. GlobalData’s Technology: Hiring Trends & Signals Q1 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the technology industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Computer and Mathematical Occupations jobs accounted for a 21% share of the global technology industry’s internet of things-related total new job postings in Q1 2024, down 18% over the prior quarter.
Computer and Mathematical Occupations drive internet of things-related hiring activity
Computer and Mathematical Occupations, with a share of 21%, emerged as the top internet of things-related job roles within the technology industry in Q1 2024, with new job postings drop by 18% quarter-on-quarter. Management Occupations came in second with a share of 15% in Q1 2024, with new job postings rising by 16% over the previous quarter.
The other prominent internet of things roles include Architecture and Engineering Occupations with a 9% share in Q1 2024, Sales and Related Occupations with a 5% share of new job postings.
Top five companies in technology industry accounted for 24% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q1 2024 were Samsung Electronics, Siemens, Orange, STMicroelectronics, and Renesas Electronics. Together they accounted for a combined share of 24% of all internet of things-related new jobs in the technology industry.
Samsung Electronics posted 1,147 internet of things-related new jobs in Q1 2024, Siemens 746 jobs, Orange 736 jobs, STMicroelectronics 654 jobs, and Renesas Electronics 559 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 37.16% share of total new job postings, Q1 2024
The largest share of internet of things-related new job postings in the technology industry in Q1 2024 was in the US with 37.16% followed by India (12.09%) and France (9.31%). The share represented by the US was one percentage point higher than the 35.80% share it accounted for in Q4 2023.
For further understanding of GlobalData's Technology: Hiring Trends & Signals Q1 2024, buy the report here.
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GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
