Industries in Growth Stage of Life Cycle Global in 2024

1. Global Internet Service Providers

2024 Units *: 8.6

Advances in technology and investment in infrastructure has given rise to the internet age, which has resulted in a new generation of services and businesses that now utilize the internet as their backbone. Furthermore, the internet has led to substantial increases in business productivity and connectivity whilst for consumers its popularity has been a function of communication, entertainment and a wide range of general uses. This has led to a substantial increase in the number of households connected to the internet, with many in developed countries now having access to and subscriptions for broadband services. Consequently, this... Learn More

2. Global Respiratory Ventilator Manufacturing

2024 Units *: 8.1

Products produced by the Global Respiratory Ventilator Manufacturing industry have long been a staple of the global healthcare sector. Demand for ventilators has historically been stable since they are a life-saving device for patients with limited breathing function. While hospitals do not usually need a significant number of ventilators, the COVID-19 (coronavirus) pandemic has caused demand for ventilators to skyrocket in 2020. Patients with severe coronavirus symptoms often need to be ventilated because their lungs become so inflamed that they are unable to provide the body with enough oxygen. While ventilation is not always successful, at this stage of the... Learn More

3. Global Deep-Sea, Coastal & Inland Water Transportation

2024 Units *: 8.1

• IBISWorld estimates that revenue earned by companies in the global Shipping industry will increase at an annualized rate of 11.3% from $78,378.3 million at the end of 2002 to $134,013.9 million by the end of 2007 (in constant 2006 dollars). The industry has recorded positive growth throughout the majority of the current performance period due to robust international trade and the shift in production from western nations such as the US and Europe to China, India and other developing markets. Strong global demand for commodities especially in the second half of the current performance period also contributed to... Learn More

• 4. Global Military Aircraft & Aerospace Manufacturing

  2024 Units *: 6.7

  • IBISWorld estimates that revenue from the Military Aerospace Product Manufacturing industry will increase at an annualized rate of 3.4% between end-2002 and end-2007. Revenue will reach an estimated $130,608.8 million by end 2007 (constant 2006 dollars) after increasing by 2.3% compared to 2006. The projected growth in revenue during the five year period is primarily attributed to an increase in demand for military aircraft and missile systems especially from the North American (US) and Europe regions since 2002. Factors that contributed to the growth for military aerospace equipment include the Iraq War, the war on terrorism and homeland security. ... Learn More

  • 5. Global Management Consultants

    2024 Units *: 6.5

    The Global Management Consulting industry has experienced strong revenue growth during the current performance period in line with increasing global GDP and business profits, along with a growing culture among businesses to outsource assistance in strategizing and decision making. Also, the move by major firms worldwide into Asian, and particularly Chinese, markets that require advice on establishing new operations in that region has caused growth well above global GDP throughout the current period. The expected US downturn in 2008 will hurt global revenue growth, but longer term growth is likely to be buffered by Asian growth. Firms engaged in management consulting... Learn More

  • 6. Global HR & Recruitment Services

    2024 Units *: 5.8

    The Global Human Resources and Employment Services Industry is sensitive to changes in economic growth, as well as to employment laws, including for hiring of temporary employees, as well as deregulation. Outsourcing of staff hiring, training and selection processes by business and governments is also important. Unless otherwise stated, all financial data is presented in constant 2006 US dollars from national currency converted using an annual average exchange rate. Revenue and Value Added

    • IBISWorld forecasts the Global Human Resources and Employment Services Industry, in constant 2007 prices, will generate $386,594 million in revenue in 2008, which represents real revenue growth of... Learn More

    • 7. Global Biotechnology

      2024 Units *: 5.6

      • IBISWorld estimates that revenue earned by establishments in the Global Biotechnology industry will increase at an average annualized rate of 11.9% between end-2003 and end-2008, to reach $146,458.6 million. Revenue is expected to reach an estimated $168,280.9 million in 2009 (constant 2007 US dollars), after rising by 14.9% on the 2008 figure.
      • The vast majority of revenue is generated in the EU and the US, where the industry has been showing positive growth over the past five years. While the US generated the largest share of revenue on a global scale, the EU dominates international trade in biotechnology products. In 2007,... Learn More

      • 8. Global Casinos & Online Gambling

        2024 Units *: 4.6

        Casino Industry performance is dependent upon travel and expenditure trends of international and domestic high stakes gamblers at casinos, as well as individual country gambling regulation and trends. Increasingly existing casino operators are facing competition from government legislating to allow casino developments, including in China (Macau), Singapore and some other Asian countries. Revenue and Value Added

        • In 2008, the Global Casinos and Gaming Industry is forecast by IBISWorld to generate revenue of $111,701 million, in constant 2007 prices, which represents slower real growth of 2.1% compared to 2007, due to forecast more subdued global economic growth, led by the US. This industry is... Learn More

        • 9. Global Fruit & Vegetable Processing

          2024 Units *: 4.2

          IBISWorld estimates that during 2008 (in constant 2006 US dollars), the Global Fruit & Vegetable Processing & Preserving industry recorded:

          • Revenue reached an estimated $102,680 million, a 1.8% increase compared to the previous year. Over the five years to 2008, revenue has been decreasing at an annualized rate of 0.14% due to continued competition of fresh fruit and vegetables in places such as Europe, Australia and the US. This was partially offset by strong economic growth and technological advancements in China and India, which has been passed onto this industry.
          • The industry contributed $28,819.3 million in value added, an increase of 2.6%... Learn More

          • 10. Global Milk & Cream Manufacturing

            2024 Units *: 3.7

            IBISWorld estimates that during 2008 (in constant 2008 US dollars), the Global Fluid and Powdered Milk (including Cream) Manufacturing industry will record:

            • Revenue of $142,224 million, an increase of 2.0% from the previous year. Over the five years to 2008, revenue is forecast to increase at an annualized rate of 4.4%, due mainly to strong increases in the production and consumption of milk and cream in Asia, South America, and the Middle East.
            • $39,112 million towards value added, an increase of 3.9% from the previous year. This indicates a mature life cycle.
            • 2,477 enterprises and 3,325 establishments, with growth in South-East Asia,... Learn More