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Europe: Internet of Things Related Job Trends in the Business and Consumer Services Sector (October 2023 - January 2024)

Industry: Business and Consumer Services
Current: Other Industry Indicators

The number of active Internet of Things related job postings driven by Internet of Things in the Business and Consumer Services sector of the Europe region decreased by 3.51% MoM, and decreased by 12.58% since October 2023, reaching 549 active job postings in January 2024.
A total of 67 new Internet of Things related jobs were posted in January 2024, witnessing a decrease of 27.17% as compared to the previous month. On the other hand, 87 Internet of Things related jobs were closed in the same month implying that companies took out 43.87% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Internet of Things related jobs posted decreased by 33.66% and the number of Internet of Things related jobs closed decreased by 44.94%.
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new Internet of Things related jobs posted observed a negative growth rate of 12.79%, the number of active Internet of Things related job postings observed a negative growth rate of 4.38% and the number of Internet of Things related jobs closed observed a negative growth rate of 18.04%. Between October 2023 and January 2024, the average number of Internet of Things related jobs posted stood at 98, the average number of Internet of Things related jobs closed stood at 132 and the average number of active Internet of Things related jobs stood at 594.