Global Biggest Industries by Revenue in 2020

Highest Revenue generating Industries of 2020.



Revenue (2020)


1Global Life & Health Insurance Carriers$4,384,3B

Industry provides crucial risk management services to downstream consumers and is a vital part of the financial sector, particularly with respect to the industry’s massive asset holdings

2Global Pension Funds$3,564,4B

Pension funds, composed of DB and DC plans, have been the primary means for meeting the retirement requirements of an aging global population

3Global Oil & Gas Exploration & Production$3,325,4B

Industry find and extract crude oil and natural gas from oil and gas reserves throughout the world. 

4Global Commercial Real Estate$3,167,8BOutbreak of COVID-19 is expected to severely constrict demand as economic uncertainty skyrockets. As a result, industry revenue is expected to fall.


Global Car & Automobile Sales

$3,138,5BIndustry experienced growth in beginning of the period as rising global per capita income However, several factors have limited industry expansion.


Global Car & Automobile Manufacturing

$2,976,5BAutomakers have gradually put a greater emphasis on increasing fuel efficiency in light of stricter regulatory requirements and consumer demand


Global Direct General Insurance Carriers

$2,535,2Bgrowth of the middle class in emerging markets, such as China, has underpinned the expansion of demand that has driven the industry’s growth as more consumers have purchased insurance products. 
8Global Commercial Banks$2,341,0B

Increasing commercial banking activity as a result of strong economic performance and positive expectations.

9Global Auto Parts & Accessories Manufacturing$1,872,8B

As demand for new automobiles has risen, original equipment manufacturers have demanded more components from industry operators.

10Global Tourism$1,541,0B Global tourism has performed well during the five-year period, with emerging economies continuing to stimulate growth. 


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