Hiring activity related to Internet of Things decreased by a CAGR of 9% in the mining industry since 2021

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The global mining industry witnessed a 9% decline in compound annual growth rate (CAGR) in new job postings related to Internet of Things since 2021, according to GlobalData's Job Analytics database. New job postings increased by 39% year-on-year in 2022 and decreased by 41% year-on-year in 2023. 

Notably, computer and mathematical occupations jobs accounted for 56% share of the global mining industry’s Internet of Things-related new job postings since 2021.

Computer and mathematical occupations drive Internet of Things-related hiring activity

Computer and mathematical occupations, with a share of 56%, emerged as the top Internet of Things-related job roles within the mining industry since 2021, with new job postings rising by 100% year-on-year in 2022 and by 16% year-on-year in 2023. 

Management occupations came in second with a share of 16%, with new job postings rising by 73% year-on-year in 2022 and by 25% year-on-year in 2023. 

The other prominent Internet of Things roles include architecture and engineering occupations with a 9% share, sales and related occupations with a 5% share and production occupations with a 3% share.

The top five companies in the mining industry accounted for 70% of hiring activity

The top five companies, in terms of the number of new job postings tracked by GlobalData, since 2021 were Eaton, ABB, Komatsu, Caterpillar, and Atlas Copco. Together they accounted for a combined share of 68% of all Internet of Things-related new jobs in the mining industry. 

Eaton posted 2,003 Internet of Things-related jobs since 2021, followed by ABB with 1,955 jobs, and Komatsu with 1,269 jobs, according to GlobalData’s Job Analytics database. 

New job postings by Eaton increased by 102% year-on-year in 2022 and decreased by 67% year-on-year in 2023, while those by ABB decreased by 6% in 2022 and by 28% in 2023.

Hiring activity was driven by the US with a 38% share of total new job postings since 2021

The largest share of Internet of Things-related new job postings in the mining industry since 2021 was in the US with 38%, followed by India (11%) and Canada (11%). The share represented by the US decreased by eight percentage points from 43% in 2022 to 35% in 2023.

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.