View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. Analysis
November 4, 2021updated 29 Oct 2021 11:38am

Europe is seeing a hiring boom in power industry IoT roles

Europe was the fastest growing region for Internet of Things hiring among power industry companies in the three months ending August.

By Michael Goodier

Europe was the fastest growing region for Internet of Things (IoT) hiring among power industry companies in the three months ending August.

The number of roles in Europe made up 23.6 per cent of total IoT jobs – up from 17.6 per cent in the same quarter last year.

That was followed by Asia-Pacific, which saw a 0.300000000000001 year-on-year percentage point change in IoT roles.

The figures are compiled by GlobalData, who track the number of new job postings from key companies in various sectors over time. Using textual analysis, these job advertisements are then classified thematically.

GlobalData's thematic approach to sector activity seeks to group key company information by topic to see which companies are best placed to weather the disruptions coming to their industries.

These key themes, which include internet of things, are chosen to cover "any issue that keeps a CEO awake at night".

By tracking them across job advertisements it allows us to see which companies are leading the way on specific issues and which are dragging their heels - and importantly where the market is expanding and contracting.

Which countries are seeing the most growth for IoT roles in power?

The fastest growing country was the United Kingdom, which saw 1.8 per cent of all IoT job adverts in the three months ending May last year, increasing to 5.1 per cent in the three months ending August this year.

That was followed by France (up 2.6 percentage points), Italy (up 2.4), and India (up 1.8).

The top country for IoT roles in the power industry is the United States which saw 33.3 per cent of all roles in the three months ending August.

Which cities are the biggest hubs for IoT workers in power?

Some 3.5 per cent of all power industry IoT roles were advertised in Atlanta (United States) in the three months ending August - more than any other city.

That was followed by Pune (India) with 3.5 per cent, Houston (United States) with 1.6 per cent, and Bergamo (Italy) with 1.2 per cent.

Related Companies

Free Report

Determine the future strategies for IoT in Power

In 2021, the power sector faced significant challenges across the entire value chain. These included spiking energy costs, transitioning to renewables, and safeguarding assets against extreme weather conditions.   The Internet of Things (IoT), billed as a key part of the next industrial revolution, can significantly transform the power sector by optimizing operations, managing asset performance, and engaging customers to lower energy costs.    GlobalData’s IoT in Power Thematic Research report provides you with an in-depth lens into the impact of IoT on the industry. We highlight both the challenges and opportunities associated with the innovative technology now, and in the future. Our report also covers: 
  • Major players and companies 
  • Market size and growth forecasts 
  • Case studies  
  • Sector scorecard 
According to GlobalData figures, global IoT revenue in the energy sector will reach $59 billion by 2025, up from $34 billion in 2019. Ensure your company is proactive in adapting strategies and processes to help you remain competitive.  Download the full report to get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy