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- Information Technology. Market value: $5 trillion. Ranking 6th on the list of the biggest industries in the world in 2021 is the information technology sector.
- Food Industry. Market value: $5 trillion. Ranking 7th on our list of the biggest industries in the world in 2021 is food and agriculture. The world saw a huge uptick in food spending through online channels after the COVID-19 crisis.
- Oil and Gas E&P. Market value: $4.6 trillion. The global oil and gas exploration and production industry account for 3.8% of global GDP in 2019, which is a significant portion of the global economy.
- Automobile Manufacturing. Market value: $3 trillion. Ranking 9th on the list of the 10 biggest industries in the world in 2021 is automotive manufacturing.
- Global Wireless Telecommunications Carriers. Revenue for 2024: $1,102,684,1B. As a result of massive and diverse uses, demand for many individual telecom operators has grown, though industry revenue has not increased linearly at the global level due to rising competition among wireless telecommunications carriers in technologically pioneering nations.
- Global Oil & Gas Exploration & Production. Revenue for 2024: $5,253,4B. The Global Oil and Gas Exploration and Production industry has gone through major turbulence over the five years to 2023.
- Global Life & Health Insurance Carriers. Revenue for 2024: $4,629,2B. The industry has decreased over the five years to 2023 despite the growth of global demand for insurance products.
- Global Pension Funds. Revenue for 2024: $4,253,6B. Pension funds, composed of defined benefit (DB) and defined contribution (DC) plans, have been the primary means for meeting the retirement requirements of an aging global population.
Dec 23, 2023 · To skip the detailed analysis and have a quick overview of the top 10, read 10 Biggest Industries in the World in 2024. Global Industrial Market Outlook for 2024.
- Global Wireless Telecommunications Carriers. 2024 Revenue Estimated by IBISWORLD: $1,102,684,1B. In the dynamic world of global markets, the telecommunications industry has consistently proven to be a behemoth, with the Global Wireless Telecommunications Carriers industry leading the charge as the top revenue-generating sector.
- Global Oil & Gas Exploration & Production. 2024 Revenue Estimated by IBISWorld: $5,253,4B. The Global Oil & Gas Exploration & Production industry, with an estimated revenue of $5,253,4 billion as reported by IBISWorld for the year 2024, stands as a testament to its colossal stature within the world economy.
- Global Life & Health Insurance Carriers. 2024 Revenue Estimated by IBISWorld: $4,629,2B. The global life and health insurance industry stands as a colossus in the contemporary economic landscape, firmly positioned within the top 10 largest industries by revenue in the current global market.
- Global Pension Funds. 2024 Revenue Estimated by IBISWorld: $4,253,6B. The Global Pension Funds industry, with an estimated revenue of $4.25 trillion according to IBISWorld, stands as a testament to its colossal role in the world economy.
Emerging economies have seen their share of total global trade rocket in recent years. China, for instance, is now responsible for 15% of all world exports. Unfinished goods, components and services account for 70% of all trade. While trade in services accounts for two-thirds of global GDP, COVID-19 has had a devastating impact on trade patterns.
Nov 8, 2021 · Global Industry Reports 2021. Monday, November 8, 2021. The new version offers an insight into the most important key figures in 34 industries and combines over 40 KPIs, e.g. on revenue ...
Access 20-year forecasts, historical data back to 1980, scorecards, country summaries and industry rankings to quickly compare sector performance within and across countries over time. Sector risk ratings for industries available and provide a weighted series of ratios to help determine industry risk. Compare, rank and size markets.
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