The global retail industry experienced a 35% rise in new job postings related to internet of things in Q2 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 48% decrease versus Q2 2022. The growing application of Internet of Things will prove to have a transformative impact on the retail sector. GlobalData’s Internet of Things (IoT) Market report helps keep abreast of the latest trends in Internet of Things, market opportunity forecast and the competitive landscape. Buy the report here.
Notably, Sales and Related Occupations jobs accounted for a 25% share of the global retail industry’s internet of things-related total new job postings in Q2 2023, up 53% over the prior quarter.
Sales and Related Occupations drive internet of things-related hiring activity
Sales and Related Occupations, with a share of 25%, emerged as the top internet of things-related job roles within the retail industry in Q2 2023, with new job postings rising by 53% quarter-on-quarter. Computer and Mathematical Occupations came in second with a share of 15% in Q2 2023, with new job postings rising by 6% over the previous quarter.
The other prominent internet of things roles include Management Occupations with a 10% share in Q2 2023, Installation, Maintenance, and Repair Occupations with a 6% share of new job postings.
Top five companies in retail industry accounted for 84% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2023 were Capri, Amazon, Ocado Group, SOTI, and Walmart. Together they accounted for a combined share of 84% of all internet of things-related new jobs in the retail industry.
Capri posted 696 internet of things-related new jobs in Q2 2023, Amazon 503 jobs, Ocado Group 43 jobs, SOTI 36 jobs, and Walmart 24 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 42.14% share of total new job postings, Q2 2023
The largest share of internet of things-related new job postings in the retail industry in Q2 2023 was in the US with 42.14% followed by Germany (24.08%) and the UK (5.95%). The share represented by the US was 11 percentage points higher than the 30.77% share it accounted for in Q1 2023.
To further understand GlobalData's analysis on Internet of Things (IoT) Market Size, Share and Trends Analysis by Region, Type (Enterprise, Consumer), Product (Hardware, Software and Services), Enterprise Size, Vertical (Government, Utilities, Manufacturing, Transport and Logistics and Others) and Seg 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.
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