Quick Answer: Which Is The Second Largest Industry In The World?

Which industry is growing the fastest?

Five out of the 20 industries projected to grow the fastest from 2019 to 2029 are in healthcare and social assistance, the fastest growing industry in the economy..

Which sector will grow in next 10 years?

On the other hand, few industries like technology, machine learning, renewable energy, electric vehicles, etc are on the verge of rapid growth….Best sectors for long-term investment in IndiaInformation Technology (IT) … FMCG (Fast-moving consumer goods) … Housing finance companies. … Automobile Companies. … Infrastructure.

What is the number 1 industry in America?

Which Are The Biggest Industries In The United States?RankIndustry% of total GDP1Real estate, renting, leasing13%2State and Local Government9%3Finance and insurance8%4Health/social care8%15 more rows•Aug 1, 2017

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…•

What are 2 major industries?

Industries. Although primary production is the main industry in Australia, manufacturing in Australia is still a significant industry. … Mining. Mining in Australia is a significant primary industry and contributor to the Australian economy. … Gold rushes. … Coal. … Uranium. … Gas. … Economy.

What are the top 5 industries in the US?

The 5 Industries Driving the U.S. EconomyHealthcare. The health sector helped the U.S. recover from the 2008 financial crisis. … Technology. The tech sector is a huge component of the U.S. economy, according to Cyberstates 2019, an annual analysis of the nation’s industry published by CompTIA. … Construction. … Retail. … Non-durable Manufacturing.

What are the 10 biggest companies in the world?

10 Biggest Companies in the World#1 Walmart Inc. (WMT)#2 China Petroleum & Chemical Corp. (SNP)#3 Amazon.com Inc. (AMZN)#4 PetroChina Co. Ltd. (PTR)#5 Apple Inc. (AAPL)#6 CVS Health Corp. (CVS)#7 Royal Dutch Shell PLC (RDS. A)#8 Berkshire Hathaway Inc. (BRK. A)More items…

Which industry will grow in 2020?

Fastest Growing Industries in the US in 2020Cough & Cold Medicine Manufacturing OTC. … 3D Printing & Rapid Prototyping Services. … Hydraulic Fracturing Services. … Autonomous Underwater Vehicle Manufacturing. … Stock & Commodity Exchanges in the US. … Medical & Recreational Marijuana Growing. … Massage Franchises.More items…

What is the fastest growing business in the world?

The 10 Global Fastest Growing IndustriesGlobal Respiratory Ventilator Manufacturing. 54.8%Global Sugar Manufacturing. 8.8%Global Military Shipbuilding & Submarines. 8.5%Global Public Relations Agencies. 6.3%Global Consumer Electronics Manufacturing. 6.2%Global Music Production and Distribution. 6.2%Global Airport Operation. … Global Bakery Goods Manufacturing.More items…

Who is the No 1 company in world?

With a market capitalization of 1.68 trillion U.S. dollars as of April 2019, Saudi Aramco was the world’s largest company in 2019. Rounding out the top five were some of the world’s most recognizable tech brands: Microsoft, Apple, Amazon, and Google’s parent company Alphabet.

What is the most famous business?

Here are the companies that top the list.Walmart.Berkshire Hathaway.Apple.Exxon Mobil.McKesson.UnitedHealth Group.CVS Health.General Motors.More items…•

What are the 5 largest industries in the world?

Global Biggest Industries by Revenue in 2020Global Oil & Gas Exploration & Production. … Global Commercial Real Estate. … Global Car & Automobile Sales. … Global Car & Automobile Manufacturing. … Global Direct General Insurance Carriers. … Global Commercial Banks. … Global Auto Parts & Accessories Manufacturing. … Global Tourism. $1,541,0B.More items…

Which is the second largest industry in US?

List of largest companiesRankNameIndustry1WalmartRetail2AmazonRetail3ExxonMobilOil and Gas4AppleElectronics64 more rows

What is the richest industry in the world?

List of largest companies by revenueRankNameIndustry1WalmartRetail2Sinopec GroupOil and gas3State GridElectricity48 more rows

Who is world’s largest employer?

WalmartWalmart had about 2.2 million employees in the fiscal year of 2019, the highest of any company in the world. Walmart also led the ranking of companies by revenue in 2019, with a total revenue of about 524 billion U.S. dollars.