GITNUX MARKETDATA REPORT 2024

Meaning Of Industry Statistics

Industry statistics provide quantitative data and insights regarding various sectors to help businesses make informed decisions and monitor trends within their respective industries.

With sources from: ec.europa.eu, selectusa.gov, statista.com, oica.net and many more

Statistic 1

The global industrial sector contributes approximately 24% of the global gross domestic product (GDP).

Statistic 2

As of 2018, the IT industry represented 7.7% of the U.S. economy.

Statistic 3

Worldwide, the automotive industry accounts for more than 5% of global Gross Domestic Product (GDP).

Statistic 4

The retail industry represents 5.5% of all jobs in the European Union, with roughly 220 million consumers visiting a retail store each day.

Statistic 5

The global market for industrials is expected to increase by 0.9 % by 2025.

Statistic 6

The global healthcare industry is expected to reach $11.9 trillion by 2022.

Statistic 7

The global education industry is projected to reach $10 trillion by 2030.

Statistic 8

The pharmaceutical industry currently contributes about 1.3% to the global GDP.

Statistic 9

The global gaming industry is valued at $159.3 Billion in 2020.

Statistic 10

Over 50% of world industrial output is from industries such as automobiles, metals, machinery, petroleum, chemicals, coal, electricity, textiles and apparel.

Statistic 11

The global construction industry is projected to grow by 4.2% annually from 2018 to 2023.

Statistic 12

The agriculture industry plays a pivotal role in the world economy, contributing 3% to the global GDP.

Statistic 13

The global media industry was worth over $2.1 trillion in 2018.

Statistic 14

In 2018, 19.1% of all European Union employees worked in manufacturing and industry.

Statistic 15

The world’s largest industry by workforce size is the textiles industry, employing around 60 million individuals worldwide.

Statistic 16

The fashion industry was estimated to be worth $2.5 trillion in 2020.

Statistic 17

China leads the world in terms of manufacturing output, with over $2 trillion in output, which constitutes 27% of the global manufacturing output.

Statistic 18

The global travel industry is forecasted to have a total revenue of $447.4 billion in 2021.

Statistic 19

The defense industry of the USA contributed 2.5% to the national Gross Domestic Product in 2019.

Statistic 20

The technology industry’s contribution to U.S. output was estimated to be $1.8 trillion in 2020.

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In this post, we explore the dynamic landscape of the global industry, shedding light on its vast economic impact and diverse sectors. From the significant contributions of the IT and automotive industries to the projected growth of healthcare and education sectors, the statistics presented offer a comprehensive overview of the industry’s multifaceted presence in the global economy. With insights ranging from manufacturing output to workforce sizes and revenue forecasts, this blog post paints a vivid picture of the industry’s far-reaching influence across various domains.

Statistic 1

"The global industrial sector contributes approximately 24% of the global gross domestic product (GDP)."

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Statistic 2

"As of 2018, the IT industry represented 7.7% of the U.S. economy."

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Statistic 3

"Worldwide, the automotive industry accounts for more than 5% of global Gross Domestic Product (GDP)."

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Statistic 4

"The retail industry represents 5.5% of all jobs in the European Union, with roughly 220 million consumers visiting a retail store each day."

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Statistic 5

"The global market for industrials is expected to increase by 0.9 % by 2025."

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Statistic 6

"The global healthcare industry is expected to reach $11.9 trillion by 2022."

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Statistic 7

"The global education industry is projected to reach $10 trillion by 2030."

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Statistic 8

"The pharmaceutical industry currently contributes about 1.3% to the global GDP."

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Statistic 9

"The global gaming industry is valued at $159.3 Billion in 2020."

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Statistic 10

"Over 50% of world industrial output is from industries such as automobiles, metals, machinery, petroleum, chemicals, coal, electricity, textiles and apparel."

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Statistic 11

"The global construction industry is projected to grow by 4.2% annually from 2018 to 2023."

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Statistic 12

"The agriculture industry plays a pivotal role in the world economy, contributing 3% to the global GDP."

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Statistic 13

"The global media industry was worth over $2.1 trillion in 2018."

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Statistic 14

"In 2018, 19.1% of all European Union employees worked in manufacturing and industry."

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Statistic 15

"The world’s largest industry by workforce size is the textiles industry, employing around 60 million individuals worldwide."

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Statistic 16

"The fashion industry was estimated to be worth $2.5 trillion in 2020."

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Statistic 17

"China leads the world in terms of manufacturing output, with over $2 trillion in output, which constitutes 27% of the global manufacturing output."

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Statistic 18

"The global travel industry is forecasted to have a total revenue of $447.4 billion in 2021."

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Statistic 19

"The defense industry of the USA contributed 2.5% to the national Gross Domestic Product in 2019."

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Statistic 20

"The technology industry’s contribution to U.S. output was estimated to be $1.8 trillion in 2020."

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Interpretation

In conclusion, the statistics presented underline the significant economic impact and diverse nature of various industries worldwide. From the substantial contribution of the industrial sector to global GDP to the rapid growth projections in healthcare and education industries, it is evident that industries play a crucial role in shaping the global economy. The statistics also highlight the sheer scale and financial value associated with industries such as technology, healthcare, and fashion, underscoring their importance in driving economic growth and employment opportunities. Additionally, the regional variations in industry contributions, such as China's dominance in manufacturing output and the U.S.'s strong presence in technology and defense industries, further emphasize the dynamic and multifaceted nature of the global industry landscape.

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