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  1. Analysis
May 17, 2022

North America is seeing a hiring boom in payment industry machine learning roles

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

By Data Journalism Team

North America extended its dominance for machine learning hiring among payment industry companies in the three months ending March.

The number of roles in North America made up 54.9% of total machine learning jobs – up from 51.6% in the same quarter last year.

That was followed by Middle East & Africa, which saw a 0.8 year-on-year percentage point change in machine learning 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 machine learning, 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 machine learning job ads in the payment industry?

The fastest growing country was the United States, which saw 48.6% of all machine learning job adverts in the three months ending March 2021, increasing to 50.8% in the three months ending March this year.

That was followed by Canada (up 1.1 percentage points), South Africa (0.8), and Poland (0.0999999999999999).

The top country for machine learning roles in the payment industry is the United States which saw 50.8% of all roles advertised in the three months ending March.

Which cities are the biggest hubs for machine learning workers in the payment industry?

Some 6.2% of all payment industry machine learning roles were advertised in New York City (United States) in the three months ending March.

That was followed by Bengaluru (India) with 5.6%, Pune (India) with 4%, and London (United Kingdom) with 3.4%.

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