Global Market Model, the world’s largest database of market value forecasts, has unveiled its latest industry growth insights, categorizing global markets into high growth, moderate growth, and slow growth segments based on their Compound Annual Growth Rates (CAGRs) for the forecast period 2024-2034. This analysis highlights that Medical Equipment, Information Technology, and Services are among the fastest-growing industries, significantly outpacing global GDP growth and reshaping global economic trends.
The growth rates mentioned in this analysis represent real growth rates, which exclude the impact of inflation, providing a clearer view of the actual expansion of these industries over the forecast period.