The Information sector creates and distributes media content to US consumers and businesses. The Information sector responds to trends in household formation, which influences subscription volumes to communications services advertising expenditure, which generates nearly one-fourth of sector revenue, as well as consumer incomes and spending habits, which influence the extent to which households purchase discretionary entertainment products. The Information sector also sells some products and services directly to businesses and is influenced to a lesser extent by trends in corporate profit and business sentiment. The accelerated pace of digital transformation has fueled industry growth. As remote work and online learning became the norm, the demand for robust digital infrastructure and cloud services skyrocketed. This shift wasn't limited to cloud services alone, internet providers flourished spurred by the advent of 5G technology. Through the end of 2024, sector revenue will expand at a CAGR of 2.7% to reach $2.4 trillion, including a boost of 1.9% in 2024. Although consumer demand for media is generally steady and the Information sector has expanded consistently, revenue flows within the sector are uneven and determined by technology trends. Substantial expansion through the end of 2024 has stemmed from a proliferation of new consumer devices. However, most of the expansion has been concentrated on online publishing and data processing at the expense of more traditional information subsectors. For example, new digital channels have detracted from print advertising expenditure, which has dipped during the current period and curtailed print publishing. An expansion in mobile devices and the emergence of online streaming services have made consumers less reliant on more traditional communication services like wired voice, broadband internet and cable TV. Looking ahead, the information sector is poised for sustained growth over the next five years, fueled by rising consumer spending and private investment. As the economy recovers and interest rates stabilize, disposable incomes are poised to climb, allowing households to avail themselves of more digital subscriptions and services. The rollout of 5G will further augment mobile internet usage, potentially challenging wired broadband alternatives. Traditional media companies will continue to pivot to online platforms and streaming services, aiming to retain and expand their audience. Through the end of 2029, the Information sector revenue will strengthen at a CAGR of 2.2% to reach $2.7 trillion.

Scientific research and development (R&D) facilities have enjoyed significant growth over the past five years as the mix of accelerating medical innovation, new global conflicts and push to advance medical treatments provided a diversified demand niche for the industry. Skyrocketing corporate profit, which boosted 6.3% over the past five years, enabled private companies to massively increase their budgets for R&D. New conflicts in the Middle East and Europe generated a wider range of defense capability needs, causing public sector clients to contract R&D companies at a more rapid pace to advance research on weapons systems and military equipment. A robust push toward sustainability across clients’ product stream further advanced new technological research in facets such as biomedical treatments. In light of these trends and an acceleration of technological adoption, revenue spiked at a CAGR of 4.9% to an estimated $320.9 billion over the past five years, including an anticipated 3.1% boost in 2025 alone. The federal government is the largest and most consistent source of revenue, so changes in federal funding levels greatly affect servicers’ performance. Many R&D sites focus on military tech, so the Trump administration's support for defense spending brought on a surge revenue. While the Biden administration originally pushed for lower defense spending, serious conflicts involving the US's allies, namely Ukraine and Israel, have brought military innovation back to the forefront of budget discussions. Although revenue growth was strong, a rebound in wage expenditures following an inflationary spike has caused a slight slowdown in profit growth. Moving forward, scientific R&D companies will continue benefiting from anticipated growth in corporate profit and sector-wide support for new research projects. While still high at 4.3% as of February 2025, the eventual stabilization in interest rates will encourage new investment. The passing of the Inflation Reduction Act in 2022 will benefit research labs studying alternative fuels and clean energy through tax credits that encourage private investment. New technological advances, such as UAVs and EWs, will provide greater need for technically adept R&D companies that can help strengthen military equipment research and development for the future. Additionally, anticipated growth in overall research & development expenditure across the public and private sectors will provide more funding for R&D initiatives, creating a larger field of opportunity for new researchers. Overall, revenue is expected to boost at a CAGR of 3.2% to an estimated $375.7 billion over the next five years.

Home care providers support the overall health and well-being of millions in the US annually. This number has been growing fast, expanding the scale and scope of home care providers in recent years. A rising number of adults 65 and older has been the primary driver behind this, as older adults are at a higher risk of developing a condition or experiencing an injury that limits their ability to perform tasks they once did independently. While changing demographic trends are an overarching trend impacting the health sector, the pandemic has permanently altered the industry's trajectory. Widespread outbreaks at residential facilities in the first year of the pandemic led more people to value remaining in their homes as they age; the interest in aging-in-place has only grown even as pandemic concerns have dissipated as older adults look for options that provide safety and independence. In all, revenue has been expanding at a CAGR of 3.5% to an estimated $153.7 billion over the past five years, including expected growth of 3.2% in 2025. The mounting need for home care services and a shortage of home health aides create a mismatch between supply and demand that limits revenue growth. Shortages, preexisting the pandemic, have worsened as caregivers seek more flexible jobs with higher pay, creating increasingly high turnover that pressures providers to raise wages. Medicare reimbursements to home health agencies have been declining for several years, preventing home health agencies from raising salaries despite shortages. Clients eligible for home care services through insurance face long waiting periods, leading more people to opt for self-directed care, where family members or friends work as paid caregivers. Too few caregivers prevent the industry from fully benefiting from ballooning demand and curtail profit growth. Trends driving growth in recent years will accelerate moving forward, providing massive opportunities for home care providers. How home care providers capitalize on these trends will depend on insurer reimbursements and workforce development. Technology, ranging from wearables to telehealth, will have a more prominent role in the industry as providers look for ways to improve patient care while lessening the burden on staff. Regulatory and financial pressures will maintain consolidation activity, with private equity investment likely to expand as well. A major headwind facing the industry will be the future of Medicare policies and to what extent they cover home health and telehealth services. Revenue will grow at a CAGR of 2.8% to an estimated $176.8 billion over the next five years.

In recent years, beauty product manufacturers have faced significant losses due to unfavorable economic conditions, including high inflation and increasing economic uncertainty. Many cosmetics and beauty products are considered discretionary, causing sales to weaken when disposable income drops. Heightened inflationary pressures in recent years pushed consumers to postpone purchases to downgrade to more affordable products, contributing to revenue losses between 2020 and 2022. Although domestic manufacturers have begun to recover, recent gains are largely driven by higher selling prices despite the smaller basket sizes. Since 2020, revenue has weakened by an estimated CAGR of 1.2% to reach $45.3 billion in 2025, including a 2.4% gain that year alone. During such times, consumers tend to opt for more affordable options, leading to a surge in imports to meet domestic demand. Imported beauty products have gained a larger share of the domestic market, especially those from countries like France, Italy and South Korea, which are perceived to offer higher quality. The growing demand for innovative, inclusive, sustainable and technical products—especially anti-aging and luxury items—creates growth opportunities for domestic manufacturers. Also, companies like Glossier, which leverages social media marketing and the heightened demand for US-made products, have successfully reached international consumers, driving an increase in exports. The ongoing economic recovery is expected to benefit domestic beauty product manufacturers. As consumer confidence and disposable income climb, spending on discretionary items like beauty products will likely increase, supporting manufacturers' performance. The anticipated decline in the world price of zinc, a key material for manufacturers, due to resolved international conflicts, will boost producers' profit. Similarly, the expected depreciation of the US dollar will enhance the performance of domestic producers both domestically and internationally. These factors are set to cause revenue to accelerate at an annualized 2.5% to $51.3 billion through the end of 2025.

The Digital Advertising Agencies industry in the US has been driven by the 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 sustained 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. To the industry's benefit, the rise in remote arrangements stemming from the COVID-19 pandemic caused more people to surf the internet while at home and reduced exposure to other forms of advertising. This motivated many companies to change their platforms and switch to digital advertising. Consequently, industry revenue is forecast to grow at a CAGR of 17.1%, including an expected 10.3% jump in 2024 to reach $52.4 billion. Many businesses sought advertising agencies to spread ads in digital formats, namely online, for streamed video content. Additionally, some industry clients have moved away from business models that require research and tangible results before the launch of an advertisement in favor of a testing environment that has evaluated the commercial viability of new ideas. For example, clients have obtained digital advertising services that measure online traffic demographics related to their social media websites before launching a product, greatly benefiting the industry. Still, the sharp rise in demand has eclipsed strong price-based competition, driving industry profitability upwards.Digital advertising agencies that can develop innovative tools, such as data mining, with applications for analyzing customer purchasing behavior will experience strong demand moving forward. As online media streaming services and social media continue to generate substantial internet traffic, many businesses will strengthen their investments in digital advertising. And as more product manufacturers sell their products directly online, retailers will fuel demand for activities like search engine visibility services to help them compete. As a result, industry revenue is expected to increase at a CAGR of 10.6% to $86.6 billion by the end of 2029.

Expert industry market research on the Fishing in the US (2004-2030). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

The semiconductor industry is a cornerstone of the US economy, demonstrating resilience due to its intrinsic role in powering modern technology. Despite its complex nature and vast scale, the sector thrives on substantial capital investment, innovative prowess and strong international partnerships. Creating a semiconductor business from the ground up is daunting, with prohibitive start-up costs, including state-of-the-art equipment and the need for highly skilled engineers commanding top salaries. Companies also require significant capital reserves comparable to the GDPs of small nations. Additionally, strategic foresight is critical as today's engineers design the next generation of devices years ahead of their release. The payoff, however, is substantial: since 2019, industry revenue has grown at a 1.7% CAGR, reaching $67.6 billion in 2024, with a 1.1% rally and a profit margin of 7.2% in the same years. The epicenter of chip manufacturing is still attracted toward East Asia, where strategic policies, fiscal incentives, dense technology hubs, and lower labor costs attract suppliers and buyers for computer chips. Over many years, this put US manufacturers behind. Nevertheless, a resurgence in domestic production is emerging, fueled by the potential of AI chips and a fear of outsourcing this critical driver of the future. Initiatives like the CHIPS Act catalyze this revival by providing financial incentives for local industry growth and imposing export limits on semiconductor technologies, balancing profit opportunities against regional instabilities. By 2029, the sector is expected to grow at a steady 1.9% CAGR, reaching $74.4 billion with a profit margin of 7.3%. Far from declining, the semiconductor industry is energetically embarking on an era dominated by AI and quantum computing advancements. Moving forward, US fabrication capacity will rise as increased investment leads to greater output. Despite favorable conditions however, geopolitical and labor concerns have the potential to disrupt operations.

Expert industry market research on the Wholesale Trade in the US (2002-2031). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

Expert industry market research on the Business Coaching in the US (2006-2031). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

Media streaming, social networks and other content providers have faced challenges during the period as demand for airtime and advertising expenditures wavered. In addition, the number of cable TV subscriptions has fallen significantly, as increased subscription costs combined with better, cheaper alternatives have driven consumers to stream over traditional cable and TV. These hindrances have been offset by a boom in online video streaming and a surge in demand for media content. The online streaming boom has led to an industry-wide climb in revenue at a CAGR of 1.4% to $225.1 billion over the past five years, including an incline of 2.2% in 2025, when profit will reach 15.0%. During this period, significant consolidation has occurred, especially among the top companies in the industry. Large traditional cable and TV providers have looked to expand into the streaming realm and have done this mainly by acquiring streaming platforms to integrate into their business. Disney acquired Fox and Hulu, expanding their presence in the streaming field. Around the same time, Viacom and CBS announced a massive merger to create Viacom CBS, making this new merger another massive player across the industry. Similarly, Discovery Inc. merged with AT&T's Warner Media, which led to the emergence of their streaming service Max. Vigorous acquisition activity has led to an overall reduction in the number of enterprises operating in the industry. With more consumers choosing streaming over traditional cable, companies have been pressured to diversify their offerings. Disney’s bundling strategy with ESPN+ and Hulu and Paramount+'s significant subscriber uptick highlights the aggressive pursuit of market share. However, the emergence of ad-supported streaming services aimed at price-conscious consumers has introduced a new revenue stream that bridges the gap between advertisers and viewers. While many providers are poised to intensify their shift into the rapidly growing field of media streaming, falling cable television subscriptions will continue to weigh down the industry. Providers will look to secure further growth by acquiring or merging with additional companies and continuing industry-wide consolidation trends. Overall, the foray into digital streaming is undoubtedly a bright spot for the industry and will continue to motivate industry growth. Technological innovations like AI-driven personalized recommendations and higher-quality content delivery will enhance user experience and targeted advertising, improving revenue streams. However, regulatory scrutiny, most notably from the FTC concerning data privacy and antitrust issues, could impact future mergers and content licensing strategies. The industry will also experience a shift towards hybrid models that blend live and on-demand streaming, meeting diverse consumer needs. Over the next five years, revenue is forecast to propel forward at a CAGR of 2.4% to $253.8 billion, with profit inching upward to 15.3% in 2030.

Expert industry market research on the IT Consulting in the US (2005-2030). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

Expert industry market research on the Investment and Asset Management in China (2004-2029). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

The Commercial Real Estate (CRE) industry is exhibiting significant variations across markets, with persistently high office vacancy rates juxtaposed against thriving prime office spaces. Hard hit by the widespread adoption of remote and hybrid work models, the overall office vacancy rate rose to 20.4% in Q4 2024 from the pre-pandemic rate of 16.8%. However, leasing volumes for prime office spaces are set to climb, providing opportunities for seasoned investors. On the other hand, the multifamily sector is gaining from a prominent move towards renting, primarily driven by housing affordability concerns and changing lifestyle preferences. This has increased demand for multifamily properties and opportunities to convert underutilized properties, such as offices, into residential rentals. The industrial real estate segment is also evolving, with the boom in e-commerce necessitating the development of strategically located warehouses for quick fulfillment and last-mile delivery. Industry revenue has gained at a CAGR of 0.8% to reach $1.4 trillion through the end of 2025, including a 0.4% climb in 2025 alone. The industry is grappling with multiple challenges, including high interest rates, wide buyer-seller expectation gaps and significant disparities in demand across different geographies and asset types. The Federal Reserve's persistent high-interest-rate environment creates refinancing hurdles for properties purchased during the low-rate period of 2020-2021. Because of remote working trends, office delinquency rates are predicted to climb from 11.0% in late 2024 to 14.0% by 2026, leading to a job market increasingly concentrated in certain urban centers. Through the end of 2030, the CRE industry is expected to stabilize as the construction pipeline shrinks, reducing new supply and, in turn, rebalancing supply and demand dynamics. With this adjustment, occupancy rates are likely to improve, and rents may observe gradual growth. The data center segment is set to witness accelerating demand propelled by the rapid expansion of artificial intelligence, cloud computing and the Internet of Things. Likewise, mixed-use properties are poised to gain popularity, driven by the growing appeal of flexible spaces that accommodate diverse businesses and residents. This new demand, coupled with the retiring baby boomer generation's preference for leisure-centric locales, is expected to push the transformation of traditional shopping plazas towards destination centers, offering continued opportunities for savvy CRE investors. Industry revenue will expand at a CAGR of 1.9% to reach $1.6 trillion in 2030.

Hospitals play a critical role in healthcare, offering specialized treatments and emergency services essential for public health, regardless of economic fluctuations or individuals' financial situations. Rising incomes and broader access to insurance have fueled demand for care in recent years, supporting hospitals' post-pandemic recovery initiated by federal policies and funding. The recovery for many hospitals was also promoted by mergers that lessened financial strains, especially in rural hospitals. This trend toward consolidation has resulted in fewer enterprises relative to establishments, enhancing hospitals' bargaining power regarding input costs and insurance reimbursements. With this improved position, hospitals are expected to see revenue climb at a CAGR of 2.0%, reaching $1.5 trillion by 2025, with a 3.2% increase in 2025 alone. Competition, economic conditions and regulatory changes will impact hospitals based on size and location. Smaller hospitals, particularly rural ones, may encounter more significant obstacles as the industry transitions from fee-based to value-based care. Independent hospitals face wage inflation, staffing shortages and drug supply costs. Although state and federal policies aim to support small rural hospitals in addressing hospital deserts, uncertainties linger over federal Medicare funding and Medicaid reimbursements, which account for nearly half of hospital care spending. Even so, increasing per capita disposable income and increasing the number of individuals with private insurance will boost revenues from private insurers and out-of-pocket payments for all hospitals, big and small. Hospitals will continue incorporating technological advancements in AI, telemedicine and wearables to enhance their services and reduce cost. These technologies aid hospital systems in strategically expanding outpatient services, mitigating the increasing competitive pressures from Ambulatory Surgery Centers (ASCs) and capitalizing on the increased needs of an aging adult population and shifts in healthcare delivery preferences. As the consolidation trend advances and technology adoption further leverages economies of scale, industry revenue is expected to strengthen at a CAGR of 2.4%, reaching $1.7 trillion by 2030, with steady profit over the period.

In recent years, changing consumer preferences and transformative retail trends have shifted the furniture store industry. Revenue stands at $158.9 billion in 2025, reflecting a modest CAGR of 0.6% over the past five years. Consumers continue to gravitate toward online platforms for furniture shopping, with nearly half of all purchases now happening online. This move has especially been popular among tech-savvy younger generations, with retailers like Wayfair and Overstock capitalizing on digital demand. As traditional brick-and-mortar stores tap into e-commerce to recapture market share, the industry is navigating logistics challenges, rising competitions and tariffs that could disrupt supply chains. Furniture stores have adapted to the digital shift and an evolving consumer landscape, boosting revenue by 1.5% in 2025 and stabilizing profitability above 9.0%. The embrace of e-commerce transformed the shopping experience, driving growth as stores offered broader product ranges and competitive pricing. Home renovations have been a critical revenue booster, with consumers seeking new furnishings to complement revamped interiors. Customization has become a key differentiator, enhancing consumer satisfaction and allowing stores to charge premiums for personalized pieces, bolstering profit. Smart furniture has added a tech-driven edge to home furnishings, catering to consumers seeking convenience and multifunctionality. However, the period wasn’t without challenges, as intensified price competition and a booming secondhand market pressured profit, forcing stores to refocus on unique selling propositions. Over the next five years, the furniture store industry’s revenue will climb at a CAGR of 1.6%, reaching $172.1 billion by 2030. Tariffs on imports from China, Mexico and Canada introduce an element of uncertainty, with potential inflationary pressures expected to shape economic conditions. Furniture retailers must navigate these uncertainties with agility, preparing for significant potential changes in trade relations. Intense price competition will persist, but stores can carve out a niche by enhancing value-added services, offering unique, customizable products and integrating cutting-edge technologies to elevate customer experiences. The climb in the used furniture market will push retailers to integrate secondhand product sales, embrace sustainability and move into personalized offerings to appeal to environmentally conscious and budget-savvy consumers. Furniture stores that leverage technology, adapt swiftly and foster robust customer relationships will thrive.

Expert industry market research on the Fast Food Restaurants in the US (2005-2030). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

Expert industry market research on the Electricians in the US (2005-2030). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

Demographic trends play a major role in shaping the healthcare landscape, as economic factors and an aging population contribute to fast-rising healthcare spending. While consumers are spending more on healthcare services in the US, healthcare providers are confronting complex challenges related to labor, competition and tech advances. The COVID-19 pandemic exposed healthcare and social assistance providers to unprecedented financial and operational pressures, with the lasting impacts still shaping every corner of the sector in 2024. Providers continue to grapple with workforce shortages intensified by the pandemic, resulting in ongoing staffing and recruitment challenges that pressure wage growth and new strategies to recruit and retain. At the same time, consolidation activity is reshaping the healthcare landscape, with more patients than ever receiving care from massive, integrated health systems rather than independent ones. Meanwhile, social assistance providers are finding it difficult to meet rising demand. Despite this challenging operating environment, revenue has been expanding at a CAGR of 3.1% to an estimated $4.1 trillion over the past five years, with revenue rising an expected 3.2% in 2025. Healthcare and social assistance providers are struggling to address staffing challenges. The pandemic exacerbated existing staffing shortages, as the physical and mental toll of the pandemic pushed some to leave the sector entirely. Persistent labor shortages jeopardize healthcare and social assistance providers' ability to address demand, creating widespread staff burnout, high turnover rates and wage inflation. While the health sector labor market began stabilizing in 2024, alleviating wage pressures, an undersized workforce still leaves hundreds of thousands of jobs open. Statewide and federal initiatives have been enacted to direct investment into building a more robust workforce. Demographic trends will continue to be the driving force behind rising healthcare spending moving forward. However, increasing demand and elevated costs will pressure healthcare and social assistance providers to shift how they operate. Some regulatory measures, like the Inflation Reduction Act, could mitigate rising costs in some areas, specifically pharmaceuticals. Consolidation activity will ramp up as smaller providers join larger health groups to secure larger insurer reimbursements through negotiating power. Digital tools and telehealth will become central in healthcare delivery because of their ability to lower costs, increase capacity, bridge health inequities and improve patient outcomes. In all, sector revenue will grow at a CAGR of 2.6% to reach an estimated $4.7 trillion over the next five years.

Expert industry market research on the Security Services in the US (2004-2031). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

Expert industry market research on the Financial Data Service Providers in the US (2005-2030). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.