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  1. Analysis
February 12, 2022

North America is seeing a hiring boom in retail banking industry robotics roles

GlobalData research reveals retail banking sector robotics jobs hiring

By Michael Goodier

North America extended its dominance for robotics hiring among retail banking industry companies in the three months ending December.

The number of roles in North America made up 34% of total robotics jobs – up from 29.9% in the same quarter in 2020.

That was followed by Asia-Pacific, which saw a 2.5 year-on-year percentage point change in robotics roles.

The figures are compiled by GlobalData, who track the number of new job postings from key companies in various sectors over time. Using textual analysis, these job advertisements are then classified thematically.

GlobalData's thematic approach to sector activity seeks to group key company information by topic to see which companies are best placed to weather the disruptions coming to their industries.

These key themes, which include robotics, are chosen to cover "any issue that keeps a CEO awake at night".

By tracking them across job advertisements it allows us to see which companies are leading the way on specific issues and which are dragging their heels - and importantly where the market is expanding and contracting.

Which countries are seeing the most growth for robotics job ads in the retail banking industry?

The fastest growing country was the United States, which saw 26.2% of all robotics job adverts in the three months ending December 2020, increasing to 29% in the three months ending December.

That was followed by the UK (up 2.4 percentage points), Australia (up 1.7), and Canada (up 1.5).

The top country for robotics roles in the retail banking industry is the United States which saw 29% of all roles advertised in the three months ending December.

Which cities are the biggest hubs for robotics workers in the retail banking industry?

Some 3.7% of all retail banking industry robotics roles were advertised in Toronto (Canada) in the three months ending December - more than any other city.

That was followed by Pune (India) with 3.7%, Mumbai (India) with 3% and Brno (Czech Republic) with 3%.

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