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March 14, 2022

North America is seeing a hiring boom in payment industry digital media roles

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

By Michael Goodier

North America extended its dominance for digital media hiring among payment industry companies in the three months ending January.

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The number of roles in North America made up 66.6% of total digital media jobs – up from 53.2% in the same quarter last year.

That was followed by Asia-Pacific, which saw a -0.6 year-on-year percentage point change in digital media 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 digital media, 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 digital media job ads in the payment industry?

The fastest growing country was the United States, which saw 30.7% of all digital media job adverts in the three months ending January 2021, increasing to 49.6% in the three months ending January.

That was followed by Australia (up 1.4 percentage points), the United Kingdom (up 0.9), and Singapore (up zero).

The top country for digital media roles in the payment industry is the United States which saw 49.6% of all roles advertised in the three months ending January.

Which cities are the biggest hubs for digital media workers in the payment industry?

Some 4.5% of all payment industry digital media roles were advertised in Toronto (Canada) in the three months ending January - more than any other city.

That was followed by New York City (United States) with 4.5%, London (United Kingdom) with 3.2%, and Chicago (United States) with 3.1%.

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Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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