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| 1 minute read

10 Industries: $35 Trillion by 2035

Research firm Markets and Markets has forecast a significant leap in the world economy driven primarily by ten “mega industries” and the arrival of the 5th Industrial Revolution by 2035. 

These so-called mega industries collectively are going to generate more than $35 Trillion. For comparison, the global GDP of all industries is approximately $115 Trillion. 

Connectivity, the AI Revolution, and Energy transition are predicted to be at the top of the list, with digital scalers, mobility, electrification (of everything!), healthcare, food and materials, automation, and space rounding out the ten. 

We know that market forecasts don't always come to fruition, but growth across all of these markets has accelerated recently due to the pace of innovation. Data and digitization are transforming the world in new ways every day. There's no sign of that slowing down any time soon. 

Intertek is a key partner for companies in each of these ten categories, providing quality, safety and sustainability solutions throughout the entire supply chain and product lifecycle. Learn more today about how Intertek can help you maximize revenue opportunities while minimizing risk to your customers, your brand, and your bottom line. 

 

And here we are, bang in the middle of the fourth industrial revolution—pushing the limits with breakthroughs in AI, ML, and IoT that have revolutionized the way we work, reshaping industries yet again and leading to a rise in data-driven industries. Together, the different industrial revolutions have driven economic growth and created a world economy of USD 115 trillion today.

Tags

economy, connectivity, ai, energy, healthcare, electrification, market forecast, english