Question: Which Is The Largest Industry In The World?

Which sector will grow in next 10 years?

Information Technology (IT)FMCG (Fast-moving consumer goods)Housing finance companies.Automobile Companies.Infrastructure.Bonus: Pharmaceuticals Stocks..

Which industry is growing the fastest?

The 10 Fastest Growing Industries in the USCough & Cold Medicine Manufacturing OTC. 68.8%3D Printing & Rapid Prototyping Services. 28.8%Hydraulic Fracturing Services. 27.8%Autonomous Underwater Vehicle Manufacturing. 26.7%Stock & Commodity Exchanges in the US. … Medical & Recreational Marijuana Growing. … Massage Franchises. … Medical & Recreational Marijuana Stores.More items…

Which is the fastest growing business in the world?

Personal Care Services. The personal care services industry has seen massive growth in the past decade, and is expected to grow 41% between 2016 and 2026, which is way faster than the economy as a whole is likely to grow.

What is the most expensive industry?

The 10 Most Profitable Industries in the USCommercial Banking in the US. $165.6B.Commercial Leasing in the US. $104.0B.Life Insurance & Annuities in the US. $99.0B.Portfolio Management in the US. $89.0B.Health & Medical Insurance in the US. $84.5B.Software Publishing in the US. $82.0B.Private Equity, Hedge Funds & Investment Vehicles in the US. $75.5B.Regional Banks.More items…

What are the 11 sectors of the economy?

The 11 stock market sectors:Materials.Industrials.Financials.Energy.Consumer discretionary.Information technology.Communication services.Real estate.More items…•

Which is the largest sector in the world?

Services Sector : Services sector is the largest sector of the world as 63 percent of total global wealth comes from services sector.

What is the largest industry today?

Real Estate is the largest industry in the United States by revenue.

What is the largest and fastest growing industry in the world?

Global Fastest Growing Industries in 2020 Over the five years to 2019, the Global Sugar Manufacturing industry has experienced massive fluctuations in global sugar prices.

What are the five industry sectors?

Many economists recognize the following five economic sectors; the primary sector which includes agriculture, mining and other natural resource industries; the secondary sector covering manufacturing, engineering and construction; a tertiary sector for the service industries, the quaternary sector for intellectual …

What are the top 3 industries in the United States?

The 5 Industries Driving the U.S EconomyHealth Care. The health sector has helped the United States to recover from the financial crisis of 2007 to 2008. … Technology. … Construction. … Retail. … Nondurable Manufacturing.

What is the #1 industry in the world?

OPEC Revenue – $1027 Billion (OIL) It should be no surprise that the oil industry is the most well-known, profitable – and arguably notorious -market in the world. Countries depend on oil to function, and costs continue to rise every year with rumours that the oil is beginning to run out.

What are the 5 largest industries in the world?

The 10 Global Biggest Industries by RevenueGlobal Oil & Gas Exploration & Production. … Global Commercial Real Estate. … Global Car & Automobile Sales. … Global Car & Automobile Manufacturing. $2,976,5B.Global Direct General Insurance Carriers. $2,535,2B.Global Commercial Banks. $2,341,0B.Global Auto Parts & Accessories Manufacturing. $1,872,8B.Global Tourism. $1,541,0B.More items…

What industry makes the most millionaires?

Source of wealthRankIndustry% of billionaires1TMT11.1%2Real estate9.1%3Manufacturing8.5%4Investments8.3%6 more rows•Mar 18, 2018