The global retail industry experienced a 5% drop in new job postings related to cloud in Q1 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 52% decrease versus Q1 2022. The growing application of Cloud will prove to have a transformative impact on the retail sector. GlobalData’s Cloud Market report helps keep abreast of the latest trends in Cloud, market opportunity forecast and the competitive landscape. Buy the report here.
Notably, Computer and Mathematical Occupations jobs accounted for a 40% share of the global retail industry’s cloud-related total new job postings in Q1 2023, down 15% over the prior quarter.
Computer and Mathematical Occupations drive cloud-related hiring activity
Computer and Mathematical Occupations, with a share of 40%, emerged as the top cloud-related job roles within the retail industry in Q1 2023, with new job postings drop by 15% quarter-on-quarter. Management Occupations came in second with a share of 15% in Q1 2023, with new job postings dropping by 0.27% over the previous quarter.
The other prominent cloud roles include Architecture and Engineering Occupations with a 4% share in Q1 2023, Business and Financial Operations Occupations with a 3% share of new job postings.
Top five companies in retail industry accounted for 38% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q1 2023 were Amazon, J Sainsbury, Walmart, Woolworths Group, and NIKE. Together they accounted for a combined share of 38% of all cloud-related new jobs in the retail industry.
Amazon posted 1,445 cloud-related new jobs in Q1 2023, J Sainsbury 472 jobs, Walmart 364 jobs, Woolworths Group 308 jobs, and NIKE 258 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 45.66% share of total new job postings, Q1 2023
The largest share of cloud-related new job postings in the retail industry in Q1 2023 was in the US with 45.66% followed by the UK (13.29%) and India (5.98%). The share represented by the US was 13 percentage points lower than the 58.26% share it accounted for in Q4 2022.
To further understand GlobalData's analysis on Cloud Computing Market Size, Share, Trends, Analysis and Forecast by IT Infrastructure, Products and Services (Cloud Management Platforms, IaaS, SaaS, PaaS, Hybrid, Managed and Private Cloud Services), Region and Vertical, 2022-2026 buy the report here.
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