IBISWorld - Industry Market Research, Reports, and Statistics (2024)

FAQs

What is the IBISWorld industry report? ›

IBISWorld Industry Reports contain trends, statistics and analysis on market size, market share of competitors and industry growth rates. Major market segments are identified and also those forces affecting demand and supply within the industry.

Where to find older versions of industry reports on the IBISWorld platform. You can find the archived versions of a specific industry report by clicking “Archived Reports” in the left-hand navigation menu of any industry report.

Top Market Research Statistics

The global market research industry generates more than $118 billion in annual revenue. The United States has a 53% market share in the market research industry. 20% of global market research spending goes to CRM and customer satisfaction surveys.

IBISWorld provides valuable insights on Australian and global industries, companies, and key business indicators. Included are Australian and global industry reports that cover key statistics and analysis on market characteristics, operating conditions, current and forecast performance.

Trusted by 7,000+ companies around the world

Independent, accurate and written by experienced analysts. Our industry analysis, company database and economic insights support businesses of all sizes, across all markets.

The cost of an IBISWorld membership depends on your industry research and business needs. IBISWorld offers tailored memberships to suit any budget and any type of organization, from sole proprietorships to Fortune 500 companies, as well as universities and government agencies.

IBISWorld is a comprehensive industry-market research database which covers every US industry with a 5-digit NAICS code. IBISWorld offers also similarly detailed research on selected industries in China and worldwide.

How frequently does IBISWorld update reports? We update our reports 1-4 times per year depending on changes in the market for each report. Our update schedule ensures that you can make decisions based on information that is current and insightful.

In 2022, the leading market research company in terms of global research revenue was Gartner, generating approximately 5.5 billion U.S. dollars. In the same year, American company IQVIA accrued almost 5.45 billion U.S. dollars.

What is the difference between market research and industry research? ›

Market and industry research both examine the allocation of goods and services, but market research does so more from the perspective of the customer and industry research more from the perspective of the producer or vendor.

Companies with the highest spending on research and development 2022. Amazon spent the most on research and development in the fiscal year 2022, with over 73 billion U.S. dollars.

In business, secondary sources provide information about what others think about a company or industry. Secondary sources include pre-packaged reports like those in IBISWorld, Mintel, and Statista, as well as newspaper articles, trade publications, magazine articles, books, journal articles, and web publications.

IBISWorld gives access to Industry reports from the U.S., Canada, China, and Global. Each report includes a number of main sections with subsections underneath.

Industry value added (IVA)

The market value of goods and services produced by the industry minus the cost of goods and services used in production. IVA is also described as the industry's contribution to GDP, or profit plus wages and depreciation.

About this report: Industry analysis reports contain a wealth of information specific to industry type. This includes current trends, opportunities, threats, challenges, and critical issues. They also contain financial benchmark information that may be used for comparison against those in the industry.