The global retail industry experienced a 9% rise in new job postings related to internet of things in Q4 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 32% decrease versus Q4 2022. GlobalData’s Retail: Hiring Trends & Signals Q4 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the retail industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Sales and Related Occupations jobs accounted for a 36% share of the global retail industry’s internet of things-related total new job postings in Q4 2023, up 42% over the prior quarter.
Sales and Related Occupations drive internet of things-related hiring activity
Sales and Related Occupations, with a share of 36%, emerged as the top internet of things-related job roles within the retail industry in Q4 2023, with new job postings rising by 42% quarter-on-quarter. Computer and Mathematical Occupations came in second with a share of 15% in Q4 2023, with new job postings dropping by 16% over the previous quarter.
The other prominent internet of things roles include Office and Administrative Support Occupations with a 9% share in Q4 2023, Management Occupations with a 9% share of new job postings.
Top five companies in retail industry accounted for 90% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q4 2023 were Capri, Amazon, TJX, Walmart, and SOTI. Together they accounted for a combined share of 90% of all internet of things-related new jobs in the retail industry.
Capri posted 807 internet of things-related new jobs in Q4 2023, Amazon 428 jobs, TJX 147 jobs, Walmart 33 jobs, and SOTI 33 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 46.04% share of total new job postings, Q4 2023
The largest share of internet of things-related new job postings in the retail industry in Q4 2023 was in the US with 46.04% followed by Germany (17.13%) and the UK (8.22%). The share represented by the US was one percentage point lower than the 47.35% share it accounted for in Q3 2023.
For further understanding of GlobalData's Retail: Hiring Trends & Signals Q4 2023, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
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.
