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June 8, 2022updated 06 Jun 2022 10:15am

IoT hiring levels in the military industry fell to a year-low in May 2022

We've analysed hiring patterns using data from GlobalData

By Data Journalism Team

The proportion of military equipment and technologies companies hiring for IoT related positions dropped significantly in May 2022 compared with the equivalent month last year, with 48.6% of the companies included in our analysis recruiting for at least one such position.

This latest figure was lower than the 59% of companies who were hiring for IoT related jobs a year ago and a decrease compared to the figure of 52.8% in April 2022.

When it came to the rate of all job openings that were linked to IoT, related job postings dropped in May 2022 from April 2022, with 1.3% of newly posted job advertisements being linked to the topic.

This latest figure was the lowest monthly figure recorded in the past year and is a decrease compared to the 1.7% of newly advertised jobs that were linked to IoT in the equivalent month a year ago.

IoT is one of the topics that GlobalData, from whom our data for this article is taken, have identified as being a key disruptive force facing companies in the coming years. Companies that excel and invest in these areas now are thought to be better prepared for the future business landscape and better equipped to survive unforeseen challenges.

Our analysis of the data shows that military equipment and technologies companies are currently hiring for IoT jobs at a rate higher than the average for all companies within GlobalData's job analytics database. The average among all companies stood at 0.9% in May 2022.

GlobalData's job analytics database tracks the daily hiring patterns of thousands of companies across the world, drawing in jobs as they're posted and tagging them with additional layers of data on everything from the seniority of each position to whether a job is linked to wider industry trends.

You can keep track of the latest data from this database as it emerges by visiting our live dashboard here.

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