As of January 2024, the most profitable industry in the United States was money center banking, with a profit margin of 30.89 percent. The profit margin of the regional banking was not too far off, with a net profit margin of 29.67.

Data on recorded music industry revenue in the United States from 2009 to 2023 shows steady growth from 2015 onwards. The revenue reached 11 billion U.S. dollars in 2023, up from the 10.3 billion reported in the previous year. Music is the revenue driver of the audio market With music being part of everyday life as well as a popular form of entertainment, it has been the most popular audio format and is likely to remain the revenue driver of the industry. Global recorded music revenue alone generated a total of 28.6 billion U.S. dollars in 2023. In the United States, recorded music industry revenue amounted to 11 billion U.S. dollars in 2023, which is more than twice as much compared to 2009. Streaming is dominating music consumption Over the years, streaming has become increasingly popular, overtaking other forms of music consumption. Especially physical sales of music have experienced a sharp drop in numbers, only slightly recovering in recent years. Nonetheless, while streaming is by far the most popular way of consumption, the boom it has experienced over the last 10 years or so seems to be slowing down. In 2022, global music streaming revenue only grew by 11.5 percent, which is a significant drop from the growth rate of 24.3 percent in the year before.

The revenue in the software market in the United States was forecast to continuously increase between 2024 and 2029 by in total 81.2 billion U.S. dollars (+22.35 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 444.62 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the software market was continuously increasing over the past years.Find more information concerning Poland and Spain. The Statista Market Insights cover a broad range of additional markets.

The statistic shows a revenue forecast of the information industry in the United States from 2006 to 2013. In 2010, the total estimated revenue of the U.S. information industry amount to 366 billion U.S. dollars.

The statistic shows the original equipment manufacturers' share of smartphone industry profits worldwide from 1Q'15 to 2Q'16. In the second quarter of 2016, Apple was responsible for 75 percent of profits in the smartphone industry.

This statistic shows the revenue of the industry “business service centers“ in California by segment from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of business service centers in California will amount to approximately 1.828,9 million U.S. Dollars by 2024.

In 2023, software and tech hosting/cloud services/MSP companies had a much higher spending share on IT than other industries, amounting to 19 percent and 16 percent of their revenues, respectively. By contrast, the consumer products and services industry invested only around five percent of their revenue in IT. Overall, all industries increased their IT spending per revenue share in 2023 compared to the previous year.

Cloud computing

Cloud computing is an essential IT service that utilizes a network of distant servers hosted over the Internet to store, handle, and process data. This segment of IT services was projected to generate revenues exceeding 670 billion U.S. dollars in 2024 and is expected to continue its rapid growth trajectory. Managed Services Providers (MSPs) provide companies with the expertise and technical support to manage their cloud infrastructure and products without the need for in-house specialists. Cloud computing is segmented into three main categories.

Software as a Service (SaaS) delivers software applications over the Internet, on a subscription basis, freeing companies from software and hardware management. Infrastructure as a Service (IaaS) offers a virtualized computing infrastructure managed over the Internet, allowing businesses to avoid the costs and complexities of purchasing and managing physical servers and data center infrastructure. Platform as a Service (PaaS) provides a platform allowing customers to develop, run, and manage applications without the complexity of building and maintaining the infrastructure.

In 2018, preliminary estimates suggested that the total revenue of the global music industry amounted to 53.77 billion U.S. dollars, up from just under 51 billion a year earlier. The figure is expected to consistently increase each year and surpass 65 billion U.S. dollars in 2023.

The global revenue in the consumer electronics market was forecast to continuously increase between 2024 and 2029 by in total 146.3 billion U.S. dollars (+15.4 percent). After the fifth consecutive increasing year, the indicator is estimated to reach 1.1 trillion U.S. dollars and therefore a new peak in 2029. Find more information concerning the Philippines and Indonesia. The Statista Market Insights cover a broad range of additional markets.

The revenue, combined is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the revenue, combined achieves the maximum value across all two different segments by the end of the comparison period. Notably, the segment Roast Coffee stands out with the highest value of 368.65 billion U.S. dollars. Find further statistics on other topics such as a comparison of the combined volume in Indonesia and a comparison of the combined revenue per capita in Sweden. The Statista Market Insights cover a broad range of additional markets.

This statistic shows the revenue of the industry “computer and electronic product manufacturing“ in the U.S. from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of computer and electronic product manufacturing in the U.S. will amount to approximately 320,9 billion U.S. Dollars by 2024.

It was estimated that in financial year 2024, the domestic revenue of India's information technology industry would reach 54.4 billion U.S. dollars, which would be a slight increase from 51 billion dollars in 2023. In 2024, the exports from the IT industry would be close to 200 billion dollars.

This statistic shows the revenue of the industry “manufacturing“ in Germany by segment from 2012 to 2019, with a forecast to 2025. It is projected that the revenue of manufacturing in Germany will amount to approximately 239.88 billion U.S. Dollars by 2025.

This statistic shows the landings revenue of the seafood industry in the United States from 2000 to 2022. According to the report, U.S. landings revenue amounted to approximately 5.58 billion U.S. dollars in 2022.

In 2022, the estimated net revenue of the U.S. book publishing industry amounted to 28.1 billion U.S. dollars. This marks a small decrease from the previous year, but revenue remains stable and is an improvement on the figures recorded for previous years.

This statistic shows the revenue of the industry “pharmaceutical and medicine manufacturing“ in Ohio from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of pharmaceutical and medicine manufacturing in Ohio will amount to approximately 2.873,3 million U.S. Dollars by 2024.

In financial year 2023, the share of profit before tax of Wilmar International Limited from feed and industrial products was 46 percent. Wilmar International Limited is one of the main agribusiness groups in Asia, as well as one of the largest listed firms by market capitalization on the Singapore exchange. World’s leading palm oil company Wilmar International Limited started as a small holding company established in 1991, with only five employees. Its focus was oil palm cultivation in West Sumatra, Indonesia. Nowadays, Wilmar also incorporates various production activities, from cultivating to distributing its products, ranging from tropical oils, oilseeds and grains to sugar, to its consumers. Tropical oils, Wilmar’s main business segment, has been showing an upward sales volume trend for five consecutive years. Accompanying this milestone, Wilmar was also named as the largest palm oil producing company by market capitalization. Oilseeds and grains segment The second largest contributor that makes up Wilmar’s total gross profit value is the oilseeds and grains segment. This segment involves the manufacturing and marketing of non-palm and lauric edible oils, oilseeds, flour, rice and other related products. This segment is concentrated in China, where the majority of its plants are located.

In 2024, U.S couriers and messengers generated 137.7 billion U.S. dollars in operating revenue. This represents an increase of almost one percent compared with the previous year.

This statistic shows the revenue of the industry “postproduction services and other motion picture and video industries“ in the U.S. by segment from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of postproduction services and other motion picture and video industries in the U.S. will amount to approximately 7.615,6 million U.S. Dollars by 2024.

In 2023, the European pulp and paper industry generated revenue of 100 billion euros, down from over 187 billion euros one year prior. In 2020, the industry was heavily impacted by the coronavirus pandemic. However, the sector has shown signs of a positive post-COVID recovery. Pulp and paper production in Europe The pulp and paper industry encompasses the production of pulp, paper, paperboard, and other cellulose-based products from wood. Sweden, Germany, and Finland have among the largest forestry, and, by extension, pulp and paper industries in Europe. In 2023, Sweden and Finland accounted for over 60 percent of Europe's pulp production, while Germany produced over one quarter of the region's paper and board. European pulp & paper companies The Nordic countries are also the headquarters of some of the largest paper companies in Europe. Based on revenues of approximately 10 billion euros, the Finnish companies UPM Kymmene and Stora Enso were among the leading European forestry and paper companies in 2023, after Ireland-based Smurfit Kappa Group.