Fastest Growing Industries in the US by Revenue Growth (%) in 2025

1. Solar Power in the US

2025-2026 Revenue Growth: 42.6%

The Solar Power industry owns and operates solar power-generating facilities in the form of either photovoltaic (PV) panels or solar thermal power stations. Solar power companies have gone through significant growth, propelled by improvements in the technologies used for electricity generation and government incentives, like the renewable portfolio standard (RPS) targets. RPS legislation requires local utility companies to diversify their portfolio and generate percentages of their energy production through renewable resources. Increases in public support for green energy led to tax incentives and grants to encourage investment in solar power. This has resulted in more companies powering facilities with solar... Learn More

2. Aircraft, Engine & Parts Manufacturing in the US

2025-2026 Revenue Growth: 36.8%

Airplane, engine and parts manufacturers develop and produce planes, rotorcraft, engines and related components for the civil and defense markets. Despite COVID-19 collapsing demand for air travel and new airplanes, newfound growth followed and a surge of air transit led to strong revenue growth, with revenue increasing at a CAGR of 3.7% to $323.1 billion over the five years to 2023, including a 7.8% increase in 2023 alone.

Strong demand dynamics have supported large commercial aircraft production and related components. Growing emerging markets have led to increased global air travel and encouraged airlines to upgrade their aircraft fleets. Fuel-efficient aircraft becoming... Learn More

3. 3D Printing & Rapid Prototyping Services in the US

2025-2026 Revenue Growth: 34.9%

The industry has grown over the past five years, driven by rapid technological development and new applications for 3D printing technology. While the falling price of 3D printing machines encouraged many companies to purchase their own machines and bypass outsourced services, demand has flourished. Additionally, as development and design services could be done remotely, the industry was one of the few which could continue operations unabated during the height of COVID-19 in 2020, resulting in 7.0% revenue growth in that year. Over the past five years, 3D printing and prototyping revenue has climbed at a CAGR of 17.2% to $3.6... Learn More

4. Natural Gas Distribution in the US

2025-2026 Revenue Growth: 30.4%

Operators in the Natural Gas Distribution industry are generally responsible for either maintaining natural gas distribution systems that connect residential, industrial and commercial users downstream a citygate or arranging sales to end markets over industry-specific networks. The industry has largely benefited from the enormous outburst of natural gas availability that has occurred in the United States since the early 2000s as a result of the growing prevalence of advanced drilling techniques employed by upstream producers in the Oil Drilling and Gas Extraction industry (IBISWorld report 21111). Natural gas is used to generate electricity, produce useful thermal output and as an... Learn More

5. Natural Gas Liquid Processing in the US

2025-2026 Revenue Growth: 19.8%

Natural gas liquid (NGL) production proportionally grows with natural gas extraction. Natural gas production expands and contracts with downstream growth from industrial production and residential and commercial consumption. The outbreak of COVID-19 in 2020 led to lower industrial production and residential and commercial consumption of NGLs leading to an oversupply of NGLs and plummeting natural gas prices. As the economy reopened, surging natural gas prices led to spiking production, creating strong growth for NGL processors. Despite the unprecedented losses experienced in 2020, industry-wide revenue has been growing at a CAGR of 18.5% over the past five years and is expected... Learn More

6. SEO & Internet Marketing Consultants in the US

2025-2026 Revenue Growth: 16.8%

Businesses in the SEO and Internet Marketing Consultants industry advise on a company's online advertising and presence. Companies' services often include increasing the amount of revenue or online traffic a company receives through search engine optimization (SEO) and display advertising. Businesses have benefited from increased corporate profit, total advertising expenditure and e-commerce sales. Also, retailers are shifting to an omnichannel sales approach and are relying on SEO and display advertising to boost revenue. The Internet Advertising Bureau (IAB) estimates that all internet advertising revenue will reach $189.3 million in 2021 (latest data available). Payment for the SEO and Internet Marketing... Learn More

7. Product Returns Management Services in the US

2025-2026 Revenue Growth: 16.8%

Returns processing, also known as reverse logistics, is a crucial aspect of any business that sells physical products. When items are damaged in shipping, covered under warranty, included in a recall, or don't fit the customer, returns processors step in to squeeze out as much value as possible. Returns processors handle all aspects of this process, from receiving returned items, verifying product defects, and sorting items based on condition. These analyses provide insight to help returns processors price or repair each item before moving them out to recommerce, liquidation, or disposal providers. A pain-free returns process with maximum value is... Learn More

8. Ride-Sharing Services in the US

2025-2026 Revenue Growth: 16.4%

Ride-sharing services offer transportation services through mobile apps, where the customer can request a private ride from wherever they are, within reason. Two major players dominate the Ride-Sharing Services industry, with very little competition elsewhere. Uber and Lyft debuted in the early 2010s but showed significant growth in the last decade, growing in presence and popularity simultaneously.

This industry's primary revenue drivers are trips taken within the US and consumer spending levels. Trips to and from airports are done by public transportation, taxis, or ride-sharing services. Throughout the life of this young industry, ride-sharing services have become preferred due to... Learn More

9. Gold & Silver Ore Mining in the US

2025-2026 Revenue Growth: 14.6%

The Gold and Silver Ore Mining industry explores and develops land to extract precious metals for sale in concentrate, dore and bullion form. Revenue is largely a function of mine output and the world prices of gold and silver. Revenue declined nearly every year during the current period as mine output slumped due to resource depletion and lower grades. Revenue only increased during the COVID-19 pandemic in 2020 when demand for precious metals as a financial instrument skyrocketed. Revenue has fallen at a CAGR of 2.6% to $10.2 billion through 2023, including a 5.1% decrease in 2023 alone.

The extremely capital-intensive... Learn More

10. Computer Manufacturing in the US

2025-2026 Revenue Growth: 14.4%

Operators in the Computer Manufacturing industry have encountered increased risk related to international trade and lingering disruptions in the global supply chain due to pandemic-related shutdowns. Imports are crucial to the industry since they satisfy almost all domestic demand. Since supply chains were disrupted, it resulted in semiconductor prices rising and putting downward pressure on the industry. Overall, revenue fell at a CAGR of 1.8% to $10.6 billion over the five years to 2023, including a 0.8% decline in 2023. Profit has also declined to 4.7% of revenue in 2023 from 5.6% in 2018.

Since products are similar among manufacturers and... Learn More

11. Online Jewelry & Watch Sales in the US

2025-2026 Revenue Growth: 14.4%

Over the past five years, online jewelry and watch sales have grown, with the popularity of online shopping driving the industry's strong revenue performance. Also, demand for jewelry and watches has increased as consumers with higher rates of disposable income have increasingly purchased higher-priced discretionary goods. Despite the economic disruptions brought on by COVID-19 in 2020, online jewelry and watch sales continued grow as the popularity of online shopping skyrocketed. Overall, industry revenue is expected to increase at a CAGR of 9.3% to $13.8 billion over the five years to 2023, including an increase of 2.7% in 2023 alone.

Upon the... Learn More

12. Pet Insurance in the US

2025-2026 Revenue Growth: 12.9%

Rapidly increasing consumer awareness and acceptance of industry offerings has benefited the Pet Insurance industry. In the past five years, industry revenue has been growing at an average annualized 16.5% to $3.2 billion, including an estimated 8.9% drop in 2023 alone, when profit margins will grow to an estimated 7.7%.

While demand for pet insurance is typically tied to disposable income levels, industry revenue grew robustly in 2020, even as the COVID-19 pandemic disrupted the economy. The pandemic caused a massive surge in unemployment, disposable income levels remained high due to government support. With more people working remotely, pet adoptions increased... Learn More

13. Virtual Data Rooms in the US

2025-2026 Revenue Growth: 12.9%

Virtual data room (VDR) operators derive demand for services from several massive markets. Demand is almost split between law firms and investment banks and venture capital and private equity firms. Operators provide these clients with secure document-sharing and storage solutions geared toward information-sensitive applications such as legal, due diligence, mergers and acquisitions, initial public offerings, bankruptcies and more. Because of this, VDRs are highly reactive to the overall performance of the economy. During the period, VDRs have experienced volatile growth, which has largely followed the general economy. In 2020 downstream demand was crushed as the global economy faltered, investor uncertainty... Learn More

14. Online Gambling Services in the US

2025-2026 Revenue Growth: 12.9%

Online gambling services in the US are hosted on internet platforms which enable consumers to wager on events such as digital table games or other sporting events, like horse racing. This relatively small but robust industry has sought to capture more consumer demand for gambling services by branching out into hosting online platforms. Other players in the sports betting segment are newer, online-based endeavors, such as DraftKings, which entered the industry in 2018. In 2020, despite the outbreak of COVID-19, the industry experienced booming growth, though rising operating costs hindered profit. Demand rose as leisure time and disposable income both... Learn More

15. Automobile Transmission Manufacturing in the US

2025-2026 Revenue Growth: 12.8%

Automobile transmission manufacturers have dealt with difficult conditions in recent years. The outbreak of COVID-19 in 2020 caused the whole auto sector to plummet, as consumer spending quickly dried up and the need for transportation vanished under stay-at-home orders. The industry experienced growth as restrictions were lifted, but sky-high commodity prices pressured profit and increased the operating cost of an automobile. As supply caught up, commodity prices have steadily settled. Import penetration remained strong as the TWI continued to grow while foreign competitors were able to ramp production back up faster than their US counterparts. Altogether, industry revenue has been... Learn More

16. Online Legal Services in the US

2025-2026 Revenue Growth: 12.5%

The Online Legal Services industry has experienced robust growth over the five years to 2023, as online legal documentation, lawyer networking and other general legal services have become more accessible. The industry comprises companies that offer legal solutions that enable customers to draw up their business incorporation and wills and trusts, as well as connect clients with lawyers that offer online legal advice, among other related services. These legal enterprises have historically been controversial because they are not traditional law firms and are banned from dispensing legal advice unless through a bar-certified lawyer. However, as online legal services become more... Learn More

17. PTFE (Teflon) Coating Manufacturing in the US

2025-2026 Revenue Growth: 12.4%

The PTFE (Teflon) coating manufacturing industry produces polytetrafluoroethylene (PTFE), a synthetic chemical formed entirely of carbon and fluorine. The PTFE polymer is nonstick and nonreactive, with low friction and high thermal resistance. As a result, it can be highly desirable in various applications, including automotive lubrication and cookware coating. PTFE also has excellent electrical insulation properties, making it ideal for insulating cable, wires and circuit boards. However, the rising price of PTFE has constrained demand and revenue. In addition, the COVID-19 pandemic further hindered industry revenue through limited downstream demand and increased operating costs. Over the five years to 2023,... Learn More

18. Social Networking Sites in the US

2025-2026 Revenue Growth: 12.0%

Since going mainstream over a decade ago, hundreds of millions of Americans have embraced social networking sites, including Meta, Twitter, LinkedIn and dozens more. People use these networks to maintain relationships with friends, follow the news and share photos and videos. By leveraging user data for targeted advertisements, where most revenue is derived, sites have been able to capitalize on the popularity of their platforms. As a result, industry revenue has increased at a CAGR of 16.7% over the past five years, including an increase of 15.0% to total an estimated $95.2 billion in 2023 alone. The industry has benefited... Learn More

19. Office Staffing & Temp Agencies in the US

2025-2026 Revenue Growth: 11.5%

Office staffing and temp agencies have recorded growth because of a growing US labor market. COVID-19 created unfavorable economic conditions, which caused the industry and the labor market to decline significantly over 2020. Despite the unprecedented losses faced in 2020, industry-wide revenue still grew at a CAGR of 1.8% to $248.7 billion over the past five years, despite a 0.6% decrease in 2023.

This industry relies on the strength of the current business landscape and economy to ensure demand. One key driver of this industry is corporate profit, which will be affected by recession concerns and weakened consumer demand in 2023.... Learn More

20. Online Apartment Rental Services in the US

2025-2026 Revenue Growth: 11.2%

The Online Apartment Rental Services industry experienced a transformative period during COVID-19, with system-enhancing innovations fostering growth throughout the industry. As platform competition heightens, there is a collective drive toward using the most cutting-edge technologies to engage renters and landlords. Key focus areas are comprehensive and efficient search functions, credible listings, streamlined communication, virtual tours, and comprehensive tenant services.

But new service offerings needed to be balanced with competitive pricing, presenting a challenge, particularly with groundbreakers, such as Zillow, defining the market. Niche market specialists could hold an advantage with some influence over pricing structures. As an increasingly digital world took... Learn More

21. Pharmacy Benefit Management in the US

2025-2026 Revenue Growth: 11.2%

Businesses in the Pharmacy Benefit Management (PBM) industry act as intermediaries between healthcare payers and the rest of the US healthcare system. They help process prescription claims, negotiate rebates, develop drug formularies and review drug usage rates. Historically, PBMs have served as third-party administrators of prescription drug programs. The role of PBMs has expanded to include programs that lower prescription costs, like offering drug formularies that feature lower cost therapeutic categories. Rising drug prices, particularly specialty drugs, have incited health insurers to turn to PBMs for cost management services. As drug manufacturers consolidated, PBMs have followed suit to strengthen their... Learn More

22. Speech & Voice Recognition Software Developers in the US

2025-2026 Revenue Growth: 11.1%

Speech and voice recognition software controls a computer with a user's voice. Speech recognition software recognizes the articulated words of a speaker and converts them into a digital format. Voice recognition can be used like a fingerprint and is aimed toward identifying the speaker, often for security purposes, using voice biometrics solutions. Voice recognition also helps consumers with high accuracy speech recognition, natural language understanding, dialog and information management, text to speech and optical recognition. Industry revenue has been increasing at a CAGR of 13.4% over the past five years, and is expected to reach $38.9 in 2023. Recognition services... Learn More

23. Nonferrous Metal Foundry Products Manufacturing in the US

2025-2026 Revenue Growth: 11.0%

The Nonferrous Metal Foundry Products Manufacturing industry produces cast metal components used as semi-finished goods in the production of many household and industrial products. As lighter alternatives to iron and steel, nonferrous metal castings can replace their ferrous counterparts in applications in which weight is important, such as in motor vehicle and aircraft manufacturing. Accordingly, automotive and aerospace-related industries are the largest markets for foundry products and hold authority over the health of metal foundries. The COVID-19 (coronavirus) pandemic caused global travel and consumer spending to fall abruptly in 2020. Effects from the pandemic, including global supply-chain shortages and suppressed... Learn More

24. Digital Advertising Agencies in the US

2025-2026 Revenue Growth: 11.0%

Over the past five years, the Digital Advertising Agencies industry has benefited from the rapid shift from traditional print advertising to digital advertisements. In particular, strong demand for digital advertising from the retail, financial services, automotive and telecommunication sectors has bolstered industry revenue. As more consumers generate website traffic through smartphones and tablets, many businesses have purchased digital advertising services to build brand awareness across multiple screens and platforms. Additionally, as more product manufacturers directly sell their products online, many retailers are demanding industry activities such as search engine visibility services to help them compete. Over the past five years,... Learn More

25. Field Service Management Software in the US

2025-2026 Revenue Growth: 10.9%

Field Service Management (FSM) software helps businesses coordinate and dispatch field service workers. The bulk of clients include manufacturers, telecommunications companies, wholesalers and retailers. Even so, FSM software is used by a multitude of markets. Most clients are small or medium-sized businesses that exhibit a boost in operational efficiency through FSM solutions. Larger companies often have in-house products that handle similar issues, eliminating the need for FSM software.

New companies continue to pour in, with a broad potential customer base across many industries and companies of different sizes. Businesses have increased spending on software because they realize its impact on operational... Learn More