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Asia-Pacific: 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 Asia-Pacific region decreased by 8.95% MoM, and decreased by 8.45% since October 2023, reaching 3,845 active job postings in January 2024.
A total of 1,085 new Internet of Things related jobs were posted in January 2024, witnessing a decrease of 16.47% as compared to the previous month. On the other hand, 1,463 Internet of Things related jobs were closed in the same month implying that companies took out 10.5% 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 7.89% and the number of Internet of Things related jobs closed decreased by 6.99%.
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 2.7%, the number of active Internet of Things related job postings observed a negative growth rate of 2.9% and the number of Internet of Things related jobs closed observed a negative growth rate of 2.39%. Between October 2023 and January 2024, the average number of Internet of Things related jobs posted stood at 1,210, the average number of Internet of Things related jobs closed stood at 1,397 and the average number of active Internet of Things related jobs stood at 4,129.