The global construction industry experienced a 19% drop in new job postings related to artificial intelligence in Q1 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to 0.92% decrease versus Q1 2022. The growing application of Artificial Intelligence will prove to have a transformative impact on the construction sector. GlobalData’s Artificial Intelligence (AI) Market report helps keep abreast of the latest trends in Artificial Intelligence, market opportunity forecast and the competitive landscape. Buy the report here.
Notably, Computer and Mathematical Occupations jobs accounted for a 21% share of the global construction industry’s artificial intelligence-related total new job postings in Q1 2023, down 44% over the prior quarter.
Computer and Mathematical Occupations drive artificial intelligence-related hiring activity
Computer and Mathematical Occupations, with a share of 21%, emerged as the top artificial intelligence-related job roles within the construction industry in Q1 2023, with new job postings drop by 44% quarter-on-quarter. Architecture and Engineering Occupations came in second with a share of 19% in Q1 2023, with new job postings rising by 55% over the previous quarter.
The other prominent artificial intelligence roles include Management Occupations with a 9% share in Q1 2023, Installation, Maintenance, and Repair Occupations with a 4% share of new job postings.
Top five companies in construction industry accounted for 26% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q1 2023 were ABB, CDM Smith, Jones Lang LaSalle, Honeywell International, and Eaton. Together they accounted for a combined share of 26% of all artificial intelligence-related new jobs in the construction industry.
ABB posted 326 artificial intelligence-related new jobs in Q1 2023, CDM Smith 288 jobs, Jones Lang LaSalle 222 jobs, Honeywell International 168 jobs, and Eaton 157 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 54.54% share of total new job postings, Q1 2023
The largest share of artificial intelligence-related new job postings in the construction industry in Q1 2023 was in the US with 54.54% followed by India (10.83%) and Italy (5.34%). The share represented by the US was four percentage points lower than the 58.85% share it accounted for in Q4 2022.
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