The latest cloud computing trends shaping the job market

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Cloud isn’t just a tool anymore, but a way of life. As of 2019, the worldwide public cloud services market sits at $214.3B and Gartner predicts it’ll hit $331.2B by 2022. If so, growth of the cloud services industry will be about three times that of overall IT services.

These days, migrating to the cloud is a priority for companies of all sizes (an estimated 83% of enterprises will be in the cloud by 2020 with 41% running on public cloud platforms). And with leading public cloud providers battling to be number one, acquisitions and partnerships are emerging, like IBM’s $34 billion acquisition of RedHat as well as Microsoft Corporation’s and AT&T’s recent announcement that AT&T’s 5G network will run on Azure.

But even with a promising outlook, the cloud computing market isn’t immune to fluctuations. We used Indeed.com data to find out how the overall market is affecting the job market to answer questions like: Are candidates searching for clouding computing jobs more or less in recent years? Are there even enough jobs to go around? (Rest assured, there are.)

Cloud computing trends: a snapshot of candidate and employer activity

Even with a dip in recent job seeker activity, the cloud computing job market looks bright. According to Indeed.com, in the four-year time period between October 2015 and October 2019, the share of cloud computing jobs per million increased by 54.92%. During that same time, the share of searches per million for cloud computing jobs grew by 20.71%.

Looking more recently, we see less growth on both sides of the job market. From October 2018 to October 2019, the share of cloud computing job postings per million on Indeed rose by 12.17%, while the share of searches per million for these jobs decreased by 2.61%.

Less job seeker and employer interest is no indication of a major slowdown but may suggest a natural plateau after years of aggressive growth. Amazon Web Service, Inc., for instance, is a prime example of somewhat slower, yet stable gains. AWS increased 35% in Q3 2019, despite that quarter seeing the lowest growth in the last five years.

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How leading cloud computing providers are faring

AWS, Microsoft Azure and Google Cloud Platform drive the cloud computing industry, and each cloud provider has seen impressive growth over the last several years. But which one leads the way in terms of job postings and searches?

In the four-year stretch from October 2015 to October 2019, the percentage change in job seeker searches increased for all three: AWS by 157.77%, Azure by 130.41% and Google Cloud by 908.75%. The most recent year, however, tells a slightly different story. That’s when searches for both Google Cloud and AWS dropped (by 9.22% and 5.5% respectively) while job seeker interest for Azure rose by 15.39%.

The percentage change in job postings is similar to that of job searches. From October 2015 to October 2019, all three providers saw growth. The share of job postings in that time period increased for AWS by 232.06% and Azure by 302.47%, while Google Cloud saw the biggest jump at 1,337.05%. Between 2018 and 2019, the number of job postings for AWS climbed 21.07%, Azure by 30.59% and Google Cloud by 40.87%.

Want to know where cloud computing roles pay the most? Check out our list of the 10 top cities for high cloud engineer salaries.

Learn these in-demand tech skills, give your cloud career wings

With less job seeker interest than job postings, there’s a chance you have a slight competitive edge as a tech candidate. But you still need to continually develop the right skills to stand out from the rest and seal the deal at your next cloud interview.

When looking at job titles containing “cloud” on Indeed, AWS tops the list of tech skills in demand for those roles, followed by Java™, Python, Azure and SQL. But how important is it to know all of these skills if you specialize in a particular cloud computing platform—i.e., do you need to know Azure if your primary focus is Google Cloud Platform? For the most part, yes.

Employers hiring specifically for AWS, Azure or Google Cloud roles all want tech talent skilled in AWS, Python, Azure and Java. This means that if you want your cloud engineering career to take off, you should be familiar with each.

But while four out of the top five in-demand skills are the same for each platform, a different skill rounds out each list. Indeed data tells us that AWS job postings want candidates skilled in Linux, Azure jobs are looking for SQL talent and Google Cloud needs Google Cloud Platform expertise.

Where will your cloud computing career take you?

As it turns out, having your head the clouds isn’t such a bad thing. The cloud computing industry has proven it’s more than a fleeting trend as companies make the shift from hardware-heavy systems to remote cloud servers—and our data proves it (along with the continued revenue growth of leading cloud providers). And less job seeker interest coupled with higher employer demand signals it’s a good time to step into a cloud computing career or take yours even higher.

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