Hiring activity related to cloud increased by a CAGR of 29% in the aerospace & defence industry since 2020
The global aerospace & defence industry witnessed a 29% rise in compound annual growth rate (CAGR) in new job postings related to cloud since 2020, according to GlobalData's Job Analytics database. New job postings increased by 41% year-on-year in 2021, and by 17% year-on-year in 2022.
Notably, computer and mathematical occupations jobs accounted for 69% share of the global aerospace & defence industry’s cloud-related new job postings since 2020.
Computer and mathematical occupations drive cloud-related hiring activity
Computer and mathematical occupations, with a share of 69%, emerged as the top cloud-related job roles within the aerospace & defence industry since 2020, with new job postings rising by 33% year-on-year in 2021 and by 15% year-on-year in 2022.
Management occupations came in second with a share of 9%, with new job postings rising by 52% year-on-year in 2021 and by 30% year-on-year in 2022.
The other prominent cloud roles include architecture and engineering occupations with a 9% share, business and financial operations occupations with a 3% share, and installation, maintenance, and repair occupations with a 2% share.
The top five companies in the aerospace & defence industry accounted for 64% of hiring activity
The top five companies, in terms of the number of new job postings tracked by GlobalData, since 2020 were Raytheon Technologies, Leidos, Boeing, Thales, and General Dynamics. Together they accounted for a combined share of 64% of all cloud-related new jobs in the aerospace & defence industry.
Raytheon Technologies posted 11,022 cloud-related jobs since 2020, followed by Leidos with 10,984 jobs, and Boeing with 7,716 jobs, according to GlobalData’s Job Analytics database.
New job postings by Raytheon Technologies increased by 35% year-on-year in 2021 but declined by 57% year-on-year in 2022, while those by Leidos increased by 10% in 2021 and rose by 4% in 2022.
Hiring activity was driven by the US with a 74% share of total new job postings since 2020
The largest share of cloud-related new job postings in the aerospace & defence industry since 2020 was in the US with 74%, followed by India (7%) and France (6%). The share represented by the US decreased by seven percentage points from 23% in 2021 to 16% in 2022.
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.