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India: 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 in the Technology and Communications sector of India decreased by 12.42% MoM, and decreased by 13.74% since October 2023, reaching 1,488 active job postings in January 2024
A total of 485 new Internet of Things related jobs were posted in January 2024, witnessing a decrease of 3.19% as compared to the previous month. On the other hand, 696 Internet of Things related jobs were closed in the same month implying that companies took out 22.97% more 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 11.66% and the number of Internet of Things related jobs closed decreased by 28.1%.
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 4.05%, the number of active Internet of Things related job postings observed a negative growth rate of 4.81% and the number of Internet of Things related jobs closed observed a negative growth rate of 10.41%. Between October 2023 and January 2024, the average number of Internet of Things related jobs posted stood at 535, number of Internet of Things related jobs closed stood at 699 and number of active Internet of Things related jobs stood at 1,669.