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Europe: Internet of Things Related Job Trends in the Technology and Communications Sector (October 2023 - January 2024)

Industry: Technology and Communications
Current: Other Industry Indicators

The number of active Internet of Things related job postings driven by Internet of Things in the Technology and Communications sector of the Europe region decreased by 8.75% MoM, and decreased by 8.66% since October 2023, reaching 4,640 active job postings in January 2024.
A total of 865 new Internet of Things related jobs were posted in January 2024, witnessing a decrease of 14.61% as compared to the previous month. On the other hand, 1,310 Internet of Things related jobs were closed in the same month implying that companies took out 4.93% 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 40.75% and the number of Internet of Things related jobs closed increased by 3.15%.
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 16.01%, the number of active Internet of Things related job postings observed a negative growth rate of 2.97% and the number of Internet of Things related jobs closed observed a growth rate of 1.04%. Between October 2023 and January 2024, the average number of Internet of Things related jobs posted stood at 1,291, the average number of Internet of Things related jobs closed stood at 1,353 and the average number of active Internet of Things related jobs stood at 5,063.