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  1. Analysis
April 29, 2022

Asia-Pacific is seeing a hiring boom in private banking industry robotics roles

Some parts of the world are investing more heavily in robotics roles than others

By Data Journalism Team

Asia-Pacific was the fastest growing region for robotics hiring among private banking industry companies in the three months ending February.

The number of roles in Asia-Pacific made up 25.6% of total robotics jobs – up from 23.3% in the same quarter last year.

That was followed by North America, which saw a -1.6 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 private banking industry?

The fastest growing country was Canada, which saw 2.4% of all robotics job adverts in the three months ending February 2021, increasing to 7.4% in the three months ending February this year.

That was followed by Poland (up 4.3 percentage points), Australia (1.8), and the United Kingdom (0.6).

The top country for robotics roles in the private banking industry is the United States which saw 30.9% of all roles advertised in the three months ending February.

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

Some 5% of all private banking industry robotics roles were advertised in Toronto (Canada) in the three months ending February.

That was followed by Pune (India) with 4.6%, Chennai (India) with 3.5%, and Mumbai (India) with 3.5%.

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