The number of global active Internet of Things related job postings decreased by 6.34% MoM, and decreased by 16.58% since October 2023, reaching 36,330 active job postings in January 2024.
A total of 9,764 new Internet of Things related jobs were posted in January 2024, witnessing a decrease of 12.29% as compared to the previous month. On the other hand, 12,223 Internet of Things related jobs were closed in the same month implying that companies took out 19.18% 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 33.48% and the number of Internet of Things related jobs closed decreased by 18.46%
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 12.71%, the number of active Internet of Things related job postings observed a negative growth rate of 5.86% and the number of Internet of Things related jobs closed observed a negative growth rate of 6.58%. Between October 2023 and January 2024, the average number of Internet of Things related jobs posted stood at 12,634, the average number of Internet of Things related jobs closed stood at 14,518 and the average number of active Internet of Things related jobs stood at 40,362.
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