The global power industry experienced a 32% drop in new job postings related to cybersecurity in Q4 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 40% decrease versus Q4 2022. GlobalData’s Power: Hiring Trends & Signals Q4 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the power industry, facilitating anticipation of future workforce needs. Buy the report here.

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Notably, Computer and Mathematical Occupations jobs accounted for a 25% share of the global power industry’s cybersecurity-related total new job postings in Q4 2023, down 21% over the prior quarter.

Computer and Mathematical Occupations drive cybersecurity-related hiring activity

Computer and Mathematical Occupations, with a share of 25%, emerged as the top cybersecurity-related job roles within the power industry in Q4 2023, with new job postings drop by 21% quarter-on-quarter. Management Occupations came in second with a share of 11% in Q4 2023, with new job postings dropping by 23% over the previous quarter.

The other prominent cybersecurity roles include Architecture and Engineering Occupations with an 8% share in Q4 2023, Business and Financial Operations Occupations with a 7% share of new job postings.

Top five companies in power industry accounted for 43% of hiring activity

The top companies, in terms of number of new job postings tracked by GlobalData, as of Q4 2023 were Prysmian, Siemens, Schneider Electric, Elektroprivreda Crne Gore AD Niksic, and A2A. Together they accounted for a combined share of 43% of all cybersecurity-related new jobs in the power industry.

Prysmian posted 532 cybersecurity-related new jobs in Q4 2023, Siemens 329 jobs, Schneider Electric 255 jobs, Elektroprivreda Crne Gore AD Niksic 163 jobs, and A2A 161 jobs, according to GlobalData’s Job Analytics.

Hiring activity was driven by the US with a 36.24% share of total new job postings, Q4 2023

The largest share of cybersecurity-related new job postings in the power industry in Q4 2023 was in the US with 36.24% followed by Italy (11.87%) and India (7.52%). The share represented by the US was two percentage points lower than the 38.15% share it accounted for in Q3 2023.

For further understanding of GlobalData's Power: Hiring Trends & Signals Q4 2023, buy the report here.

This content was updated on 6 January 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.