Industries in Growth Stage of Life Cycle Global in 2025

1. Global Tourism

2025 Units *: 16.1

Important Note The report only deals with the international tourism component of the total tourism industry. In many developed countries, on average, this component can vary between 20% and 24% of total tourism revenue (with domestic tourism accounting for the remainder). However, this proportion does vary significantly across countries, particularly with small, geographically isolated and developing nations. On this basis, total global domestic and international tourism expenditure could be about $4,100 billion in 2008. The International Labour Organization also estimates that global total direct employment in tourism is about 80 million, but with about 200 million people directly and indirectly reliant... Learn More

2. Global Travel Agency Services

2025 Units *: 10.8

The Global Travel Arrangement and Reservation Industry's performance is particularly sensitive to any economic or other factor (including geopolitical instability and actual or threatened terrorism) that affects holiday, pleasure, sport and corporate/business travel by either internationally or domestically. Some of the main economic factors affecting this industry include trends in country and regional economic growth (particularly Europe, the US and UK) and especially from changes in real household disposable income (resulting from changes in the growth of general employment and from interest and tax rate movements). Also important is changes in the relative price of international travel which is... Learn More

3. Global Internet Service Providers

2025 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

4. Global Respiratory Ventilator Manufacturing

2025 Units *: 8.2

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

5. Global Sports Betting & Lotteries

2025 Units *: 8.2

• The Global Gambling and Wagering Industry is sensitive to changes in household disposable income, from which gambling is financed by consumers, as well as competition between some gaming and wagering forms, including now from online gambling sites.
• International Gaming & Wagering Magazine (September 2007 edition) estimated that in 2006, total global lottery sales was more than $200 billion and increased 10.0%, in nominal terms.
• Unless otherwise stated, all financial data is presented in constant 2007 US dollars from national currency converted using an annual average exchange rate.

• IBISWorld forecasts that gross revenue of the Global Gambling and... Learn More

• 6. Global Military Aircraft & Aerospace Manufacturing

  2025 Units *: 6.9

  • 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

  • 7. Global Hotels & Resorts

    2025 Units *: 6.7

    The Global Hotels and Resorts Industry is sensitive to any economic, social, demographic or geo-political factors that affects domestic overnight travel within any country, for any purpose, as well as global international travel demand and patterns. Revenue and Value Added

    • In 2008 the Global Hotels and Resorts Industry is forecast by IBISWorld to generate revenue of $546,740 million, in constant 2008 prices, representing real growth of 3.2% compared to 2007, due to the forecast economic slowdown in the US and some other major Developed Regions. It is also estimated to generate value added of $262,322 million, in 2008 prices, of... Learn More

    • 8. Global Management Consultants

      2025 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

    • 9. Global HR & Recruitment Services

      2025 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

      • 10. Global Biotechnology

        2025 Units *: 5.7

        • 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