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Hiring activity related to artificial intelligence increased by a CAGR of 48% in the mining industry since 2020

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The global mining industry witnessed a 48% rise in compound annual growth rate (CAGR) in new job postings related to artificial intelligence since 2020, according to GlobalData's Job Analytics database. New job postings increased by 32% year-on-year in 2021, and by 66% year-on-year in 2022.

Notably, computer and mathematical occupations jobs accounted for 46% share of the global mining industry’s artificial intelligence-related new job postings since 2020.

Computer and mathematical occupations drive artificial intelligence-related hiring activity

Computer and mathematical occupations, with a share of 46%, emerged as the top artificial intelligence-related job roles within the mining industry since 2020, with new job postings rising by 77% year-on-year in 2021 and by 9% year-on-year in 2022.

Architecture and engineering occupations came in second with a share of 17%, with new job postings increasing by 108% year-on-year in 2021 and by 212% year-on-year in 2022.

The other prominent artificial intelligence roles include management occupations (13% share), and business and financial operations occupations (4% share).

The top five companies in the mining industry accounted for 58% of hiring activity

The top five companies, in terms of the number of new job postings tracked by GlobalData, since 2020 were ABB, Komatsu, Caterpillar, Wartsila, and Eaton. Together they accounted for a combined share of 58% of all artificial intelligence-related new jobs in the mining industry.

ABB posted 2,749 artificial intelligence-related jobs since 2020, followed by Komatsu with 1,531 jobs, and Caterpillar with 1,087 jobs, according to GlobalData’s Job Analytics database.

New job postings by ABB decreased by 41% year-on-year in 2021 and rose by 79% year-on-year in 2022, while those by Komatsu increased by 104% in 2021 and decreased by 15% in 2022.

Hiring activity was driven by the US with a 41% share of total new job postings since 2020

The largest share of artificial intelligence-related new job postings in the mining industry since 2020 was in the US with 41%, followed by Canada (10%) and India (8%). The share represented by the US increased by six percentage points from 35% in 2021 to 41% in 2022.

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.   

GlobalData’s Job Analytics database 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.