The global construction industry experienced a 12% drop in new job postings related to cloud in Q2 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 19% decrease versus Q2 2022. The growing application of Cloud will prove to have a transformative impact on the construction sector. GlobalData’s Cloud Market report helps keep abreast of the latest trends in Cloud, market opportunity forecast and the competitive landscape. Buy the report here.

Notably, Computer and Mathematical Occupations jobs accounted for a 31% share of the global construction industry’s cloud-related total new job postings in Q2 2023, down 27% over the prior quarter.

Computer and Mathematical Occupations drive cloud-related hiring activity

Computer and Mathematical Occupations, with a share of 31%, emerged as the top cloud-related job roles within the construction industry in Q2 2023, with new job postings drop by 27% quarter-on-quarter. Business and Financial Operations Occupations came in second with a share of 11% in Q2 2023, with new job postings rising by 36% over the previous quarter.

The other prominent cloud roles include Management Occupations with a 9% share in Q2 2023, Arts, Design, Entertainment, Sports, and Media Occupations with a 5% share of new job postings.

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

The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2023 were CDM Smith, Honeywell International, Vinci, CBRE Group, and Digital Realty Trust. Together they accounted for a combined share of 43% of all cloud-related new jobs in the construction industry.

CDM Smith posted 1,432 cloud-related new jobs in Q2 2023, Honeywell International 705 jobs, Vinci 607 jobs, CBRE Group 213 jobs, and Digital Realty Trust 181 jobs, according to GlobalData’s Job Analytics.

Hiring activity was driven by the US with a 56.76% share of total new job postings, Q2 2023

The largest share of cloud-related new job postings in the construction industry in Q2 2023 was in the US with 56.76% followed by India (14.13%) and Germany (4.48%). The share represented by the US was four percentage points higher than the 52.94% share it accounted for in Q1 2023.

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This content was updated on 24 July 2023

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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.