Hiring activity related to Internet of Things decreased by a CAGR of 7% in the beverages industry since 2021

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The global beverages industry witnessed a 7% fall in compound annual growth rate (CAGR) in new job postings related to Internet of Things since 2021, according to GlobalData's Job Analytics database. New job postings increased by 30% year-on-year in 2022 and decreased by 33% year-on-year in 2023. 

Notably, computer and mathematical occupations jobs accounted for 45% share of the global beverages industry’s Internet of Things-related new job postings since 2021.

Computer and mathematical occupations drive Internet of Things-related hiring activity

Computer and mathematical occupations, with a share of 45%, emerged as the top Internet of Things-related job roles within the beverages industry since 2021, with new job postings rising by 12% year-on-year in 2022 and falling by 15% year-on-year in 2023. 

Management occupations came in second with a share of 30%, with new job postings rising by 57% year-on-year in 2022 and by 33% year-on-year in 2023. 

The other prominent Internet of Things roles include architecture and engineering occupations with a 9% share, business and financial operations occupations with a 5% share and installation, maintenance and repair occupations with a 2% share.

The top five companies in the beverages industry accounted for 62% of hiring activity

The top five companies, in terms of the number of new job postings tracked by GlobalData, since 2021 were Nestle, Coca-Cola, PepsiCo, Unilever, and Keurig Dr Pepper. Together they accounted for a combined share of 62% of all Internet of Things-related new jobs in the beverages industry. 

Nestle posted 378 Internet of Things-related jobs since 2021, followed by Coca-Cola with 183 jobs, and PepsiCo with 181 jobs, according to GlobalData’s Job Analytics database. 

New job postings by Nestle increased by 19% year-on-year in 2022 and decreased by 64% year-on-year in 2023, while those by Coca-Cola decreased by 38% in 2022 and by 34% in 2023.

Hiring activity was driven by the US with a 42% share of total new job postings since 2021

The largest share of Internet of Things-related new job postings in the beverages industry since 2021 was in the US with 42%, followed by France (8%) and India (7%). The share represented by the US decreased by three percentage points from 46% in 2022 to 43% in 2023.

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

GlobalData’s Job Analytics database 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.