Between 2019 and 2023, oil and gas explorers and producers logged the highest total revenue worldwide, reaching 5.3 trillion U.S. dollars. Life and health insurance carriers followed behind.
In 2022, the industry with the highest revenue in Germany was the production of cars and car parts at 509 billion euros. Engineering had the second-highest revenue.
As of January 2024, the first leading industry in Software-as-a-Service (SaaS) by total revenue was financial services software, with nearly 26 billion U.S. dollars in revenue, representing over the double of the second leading industry in the market. Marketing software and analytics software companies followed, with 11.6 billion U.S. dollars and 10.2 billion U.S. dollars, respectively.
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.
In 2023, the energy, water and waste management sector garnered approximately 356.8 billion euros through the 500 non-financial companies in Spain with the largest net profit. Among the 500 largest corporations, those working on retail trade and automotive activities had a turnover of approximately 139.4 and 109.5 billion euros, respectively.
With over *** billion U.S. dollars in revenue, Walmart topped the ranking of the hundred largest companies globally, followed by Amazon. Walmart was also the largest company in the world based on its number of employees, with some *** million all over the world. Largest corporations based on revenue - additional information The concept of revenue itself might slightly differ depending on country or even from one company to another. It usually refers to the income resulted from normal business activities, such as the sale of goods and services to customers. Walmart The American-based multinational corporation Walmart was founded in 1962 and currently operates over ****** stores worldwide, out of which ***** are in the United States alone. In 2024, Walmart was ranked the third most valuable retail brand in the world, with a brand value of about ** billion U.S. dollars. Follow this link to get access to the top 500 companies from all industries list.
In the wake of COVID-19 and associated lockdowns, businesses in the finance and insurance industry saw a 14 percent increase in revenues when comparing the revenues generated between April 2020 to March 2021 with revenues generated between April 2019 to March 2020. Industries that saw the greatest loss in revenue during this time period can be found here.
The gross domestic product (GDP) of North Carolina in 2023 was around 638 billion U.S. dollars. In the same year, the construction industry added around 25.6 billion chained 2017 U.S. dollars of value to the state GDP.
Retail and trade enterprises in Russia had a revenue of over 129 trillion Russian rubles in 2023, more than in other economic sectors. Mineral extraction followed with a revenue of around 29 trillion Russian rubles.
This graph shows the GDP of the Los Angeles metro area in 2022, by industry. In 2022, its GDP amounted to about 1.06 trillion U.S. dollars. About 99.2 billion U.S. dollars were generated by the manufacturing industry. The overall quarterly GDP growth in the United States can be found here.
Gross domestic product of Los Angeles
With a population of over 3.9 million inhabitants in 2011, Los Angeles is the second largest city in America, following only New York. The Los Angeles metro area also ranked second among U.S. metro areas in terms of gross metropolitan product, second again only to New York City metro area, which came in with a GMP of USD 1.287 trillion to Los Angeles’ 755 billion USD in 2011. Chicago metro area ranked third with GMP of 547 billion U.S. dollars. Washington metro area ranked fourth with 434 billion U.S. dollars in 2011. Additional detailed statistics about GDP and GMP in the United States is available here.
Despite Los Angeles’ high GDP, L.A. did not do as well as some cities in terms of median household income. Los Angeles ranked 11th with a median household income of 48,466 U.S. dollars annually in 2013. This was lower than the median household income of the United States in 2013, which came in at 51,939 U.S. dollars annually.
Located in Southern California, Los Angeles is home to Hollywood, the famous epicenter of the U.S. film and television industries. The United States is one of the leading film markets worldwide, producing 817 films in 2011, many of them produced by Hollywood-based studios. In 2012, movie ticket sales in North America generated over 10.8 billion U.S. dollars in box office revenue. Famous Hollywood actresses earn millions annually, with the best paid, Angelina Jolie, earning 33 million U.S. dollars between June 2012 and June 2013. Second on the list was Jennifer Lawrence with earnings of 26 million U.S. dollars.
Due to the ever-increasing amount of gathered and analyzed data, the global revenue of the market research industry has experienced strong growth in recent years. The North American market was the largest, valued at almost ** billion U.S. dollars in 2023, with the United States accounting for more than half of the global market. Market research industry The market research industry includes any organized activity aimed at gathering information about a specific industry, market, or group of customers. Market research relies on various types of services such as statistics, models, surveys, and, increasingly, big data analytics as a key instrument to meet customers’ needs and to direct investments in R&D and in new markets. In recent years, new technologies and new devices led to the emergence of new research methods such as big data analytics, mobile surveys, and behavioral economic models. Leading market research companies With a total revenue of roughly *** billion U.S dollars in 2023, Gartner was the leading market research company worldwide. Headquartered in Connecticut in the United States, Gartner is a global market research company operating worldwide. Their nearest global competitor, U.S. company IQVIA, reported *** billion U.S. dollars in global revenue in 2023.
As of September 2024, the financial institutions sector led in investment banking revenue, generating approximately **** billion U.S. dollars. JPMorgan Chase was the top performer in this sector. The energy and natural resources sector ranked second, with total investment revenue exceeding *** billion U.S. dollars, where JPMorgan Chase also held the leading position. The technology sector followed closely, with nearly *** billion U.S. dollars in investment banking revenue, making it the third-largest sector by investment value.
In 2023, the GDP of South Dakota totaled around 57.28 billion U.S. dollars. The finance, insurance, real estate, rental, and leasing industry added the most real value to the gross domestic product (GDP) of the state, amounting to around 13.81 billion U.S. dollars. Comparatively, the construction industry contributed around 2.23 billion U.S. dollars of value to the state's real GDP.
Electronic components manufacturing was forecast to be the fastest growing industry in Mexico, exhibiting an 7.1 percent revenue growth rate between 2019 and 2020. Audio and video equipment manufacturing followed with a 6.6 percent growth. Along with air transportation, real estate for rent has become a key economic sector of the Mexican economy.
In 2023, the GDP of Wyoming totaled around 40.21 billion U.S. dollars. The mining, quarrying, and oil and gas extraction industry added the most real value to the gross domestic product (GDP) of the state, amounting to around 6.49 billion U.S. dollars. Comparatively, the professional and business services industry contributed around 2.82 billion U.S. dollars to the state's real GDP.
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 2023, the mining, quarrying, and oil and gas extraction industry added about 730 million chained 2017 U.S. dollars of value to New York's GDP. Total real GDP amounted to about 1.79 trillion chained 2017 U.S. dollars. In 2023, the per capita personal income in New York was 82,323 current U.S. dollars.
The service industry had the highest share in the Romanian gross domestic product in 2023, totaling 59.8 percent. However, agriculture, forestry and fishing accounted for only 3.9 percent, 0.6 percent less than in 2022.
In the wake of COVID-19 and associated lockdowns, businesses in both the oil and gas industry and the recreation industry saw a 20 percent reduction in revenues when comparing the revenues generated between April 2020 to March 2021 with revenues generated between April 2019 to March 2020. The top performing industries during the same time period can be accessed here.
The top publicly traded company in Israel, by revenue, was Teva Pharmaceutical Industries. The company made 16 billion U.S. dollars in annual revenue by the first quarter of 2024. The second and third-highest ranked firms were the financial services Harel Group and Israel Chemicals, bringing in just over seven billion U.S. dollars each.
Between 2019 and 2023, oil and gas explorers and producers logged the highest total revenue worldwide, reaching 5.3 trillion U.S. dollars. Life and health insurance carriers followed behind.