Then, healthcare statistics affirm that, as a part of the country's Gross Domestic Product, health spending summed up to 18% in 2020. The fast-food industry revenue in the US alone makes about $110 billion . But with a relatively low spend on clothes and the likes of Ganni and Gap failing to thrive in the country, it seems an out-of-the-box strategy is called for. Germany hosts leading civil and defence aviation manufactures with projections of producing approximately 35,000 new aircrafts within the next twenty years. The German economy is the fourth largest in the world and accounted for one quarter (24.2 percent) of the European Union's GDP in 2020. Financial Services Industry Trends & Statistics From personal finance to commercial banks, digital advancement and increased financial technology is rapidly transforming the financial sector. The logistics industry is boosting, as the development and growth of e-commerce have increased the demand for logistical services. We develop, design, program, calculate, test and manage projects always in the direction of success. Mechanical engineering is characterized by small and medium-sized enterprises. Digital Banking Market size exceeded USD 8 trillion in 2020 and is projected to register gains of around 5% from 2021 to 2027. 64% of internet users say 24-hour service is the best feature of chatbots. The market growth is assisted by increasing preference for fast food among generation X, Y, and Z across the globe. There were nearly 19,000 coworking spaces worldwide in 2019. Here we've collated over 100 customer service statistics, customer satisfaction statistics and quotes from various brands, industry leaders and researchers which reflect the fast-changing landscape. The UK's economy is more reliant on the service sector than any other G7 country. Financial Services. The food retail sector is saturated, highly consolidated, and competitive. The Europe contact center as a service (CCaaS) market size was USD 670.9 million in 2019 and is projected to reach USD 2,249.0 million by 2027, exhibiting a CAGR of 16.4% during the forecast period. 1 Key statistics 2 Regional European Market Comparison . Germany has one of the largest ICT markets in the world and the single largest software market in Europe with 94.301 IT companies (software and hardware, as of 2018) and an estimate of 1.03 million employees in 2021. Banks, consultants, sales & marketing teams, accountants and students all find value in IBISWorld. 1. Germany exported passenger cars to the value of 117.6 billion euros in 2021 according to provisional data from the Federal Statistical Office (Destatis). Economy Latest Trend Ranking; Composite leading indicator (CLI) Indicator 100.89 Amplitude adjusted Long-term average = 100 Feb-2022 Germany Long-term average = 100 Household disposable income Indicator: 1.12 Gross Per capita, percentage change, previous period 85% of customer interaction will be handled without human agents by 2021. However, the number of private-sector nonunion workers increased in 2021. Exports accounted for 41% of national output. The general statistics reporting portal (AMS) is the standard channel for creating and sending external transaction and stock reports. Chatbots can cut operational costs by up to 30%. It provides an overview of the sector's financials, usage, downloads, benchmarks and demographics. The portal already has more than 100,000 users in Germany who appreciate it as a secure, electronic means of transmitting their reports to the Bundesbank. Adapted from "ITK-Marktzahlen," by Bitkom. The total digital payment value in 2020 accounted for USD 750 trillion with digital transactions exceeding 900 billion in volume globally. Outward FDI statistics by partner country - Summary. In 2021, the services sector's share in Germany's gross domestic product amounted to 69.8 percent, while the secondary and primary sectors generated less than a third of GDP together. Germany Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Market Size and Forecast - Q1 2022 Update $ 2400 January 2022. Finally, the country's ageing population will eventually pose greater fiscal problems. We provide industry statistics on market size, number of businesses, employment and wages in Australia, Canada, China, Germany, Ireland, Mexico, New Zealand, the UK and the US. The American healthcare industry was worth $24.7 billion in 1960. Below is an overview of UK Manufacturing Statistics. 1100: Extraction of crude petroleum and natural gas; service activities incidental to oil and gas extraction, excluding surveying . The foodservice industry is highly fragmented in the country, owing to the presence of enormous small (unlicensed establishments) and global players, with a majority of full-service and quick-service restaurants operating in the country. (Statista) According to Statista's coworking space worldwide statistics, there are currently around 18,700 coworking spaces around the globe. In 2016, the aviation industry revenue stood at $43 billion. . Civil Service statistics, UK: 2018 Employment statistics for the Civil Service population, providing regional analyses, diversity and earnings data. GDP, Gross Domestic Product, Real, Nominal, Deflator, Index, Growth, Change Research shows in 2022, there will be an estimated 76 million vehicles aged 16 years or older in the United States. Major Industry Sectors Germany's food and beverage industry is the fourth-largest industry sector in Germany - gen-erating production value of EUR 179.6 billion in 2017 and having a promising outlook for 2018 and beyond. Germany's GDP growth pattern in 2021 will be dominated by the speed with which administrative restrictions and increasing vaccination enable a sustained service-sector recovery, but robust manufacturing activity will put a floor under any setbacks. Watch: Incu Grows Brands with Shopify Plus Germany The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. Ecommerce fashion industry: statistics 1. The global fast food and quick service restaurant market size was valued at USD 257.19 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.1% from 2020 to 2027. Western German industry benefited from the willingness of banks to take a long-term view on investment and of the federal government to underwrite research and development. The number of vehicles 5 years old or less is predicted to increase by almost 25%. There is good sales potential on the Product Market Regulation 2018. (13) Job outlook is trending -14% decline between 2018 and 2028, with a decrease of 7,600 jobs during that same time period.Contraction can largely be attributed to the growth of online flower retailers and direct-to-consumer merchants. The biggest segments within Manufacturing are: machinery and equipment (12 percent of total production); motor vehicles, trailers and semi-trailers (12 percent); basic metals and fabricated metal products (10 percent); and computers, electronic and optical products and electrical . US Floristry Industry Trends and Labor Statistics: In 2018, there were 55,500 florists in the United States. The pandemic has driven the world toward adapting to the current circumstances regardless of the business, sector, or industry. In the tech sector, about 50% of women quit their jobs before the age of 35. 22 April 2022 Road traffic accidents in February 2022: 25 traffic accident fatalities more than in the same month a year earlier . The global field service management market size was valued at $4,005.00 million in 2020, and is projected to reach $24,294.00 million by 2030, growing at a CAGR of 19.7%from 2021 to 2030. Reasons for the Growth of Service Economy (with statistics) Some of the major reasons for the growth of service economy are as follows: (a) The Lag in Growth in Labour Productivity in Services (b) The Growth in Intermediate Demand from Firms (c) The Growth in Final Demand from Consumers. Without booking, the hospitality industry is an incomplete jigsaw. Chatbot Statistics - Editor's Choice. Download our detailed research into the online dating app market. 4. With around 1m horses, the sector has a gross output of £4.3bn a year and is the second-largest rural employer after agriculture 15. 37% of people use a customer service . Hotels were the second-biggest sector in food service in 2018, with sales totaling USD 35.4 billion. As environmental restrictions forbidding residential car washing techniques become more stringent, the customer base for professional car washes is expected to rise, fueling the demand for these services Investment as a share of GDP continues to be lower than in most other large economies. Germany has one of Europe's largest telecom markets, as befits a country with a population approaching 83 million. Table 39 Change in Vodafone Germany's mobile service revenue 2016-2021 . Germany's car industry has re-opened for business following the coronavirus epidemic. The sector supports tens of thousands of jobs in Germany and exports are vital to the whole country's economy. Germany has one of the largest ICT markets in the world and the single largest software market in Europe with 94.301 IT companies (software and hardware, as of 2018) and an estimate of 1.03 million employees in 2021. Increased use of mobile devices by consumers to perform their . Germany Industry Profiles (Subcategories) Germany ranked first for CO2 emissions from manufacturing industries and construction > million metric tons amongst European Union in 2011. At your service Germany has fairly high consumption levels of meat. Industry Trends. McDonald's is the most popular in this field, no surprise there, although one data below puts it in an interesting perspective. Booking plays an important role in helping guests connect with hoteliers and other service providers in the industry. Despite the decline since the 1970s, when manufacturing contributed 25% of UK GDP, the UK is currently the ninth largest manufacturing nation in the world. The growth in the construction industry and the rising disposable income in developing countries, has increased the availability of HVAC equipment for a broader consumer base. Diverse projects, well-known customers, competent teams and very good prospects for your career. Synopsis. Government at a Glance - 2021 edition. The global players are Volkswagen, Daimler, BMW (all automotive), BASF (chemical) and Siemens (electrical). Germany is also the United States' largest European trading partner and the sixth-largest market for U.S. exports. It surpassed the industry sector in 2013. Industry-wide data. To point out, that is a striking difference from 1960, when it was only 5%. Pet Care Market size surpassed USD 232 billion in 2020 and is poised to expand at over 6.1% CAGR between 2021 and 2027 propelled by technological advancements that are making grooming, training facilities, and boarding accessible to the owners and assist in keeping track of the pets. IBISWorld is the world's leading provider of industry research, providing industry statistics, data, trends, and forecasts for thousands of global industries. Jan 2022. Compared with 2019, there was a decline of 8.2%. Federal Statistics Office of Germany mission is to provide and disseminate statistical information, which is objective, independent and of high quality. The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor . There are 374,000 horse-owning households in Britain - a drop from the 446,000 in 201516. The UK's economy is more reliant on the service sector than any other G7 country. In February 2022, 151 people died in road traffic accidents in Germany, according to provisional results. This information is made available to everybody: politicians, government, administration, businessmen and citizens. General Coworking Industry Statistics. Outward FDI statistics by industry - Summary. Find industry analysis, statistics, trends, data and forecasts on Freight Road Transport in Germany from IBISWorld. Watch the videos Field Service Management Market Statistics—2030. 21. Germany boasts Europe's largest economy and so should be a booming market for fashion brands. According to Statista, the ecommerce fashion industry's compound annual growth rate (CAGR) is tipped to reach 14.2% between 2017 and 2025, with the industry hitting a $672.71 billion valuation by 2023. Public sector employment, UK: December 2021 Estimates of people employed in the public and private sectors in the UK. The S&P Global Germany Services PMI was revised higher to 56.1 in March of 2022 from a preliminary of 55, pointing to the strongest growth in the services sector in six months, aided by the loosening of COVID related restrictions. The fast food industry keeps growing despite the general public's newfound surge to go organic and healthy. ALTEN is a development and IT services provider with many years of experience, in-depth industry knowledge and expert knowledge in all service areas. The global impact of COVID-19 has been unprecedented and staggering, with the contact center as a service . 4. 19. The automotive industry includes industries associated with the production, wholesaling, retailing, and maintenance of motor vehicles. This industry is not formally defined in the North American Industry Classification System (NAICS), but the Bureau of Labor Statistics is referring to a group of detailed industries as the "automotive industry" for purposes of analysis. distribution channels include food service sales (EUR 78.4 billion) and exports of processed foods (EUR 60.1 billion). The country's huge service sector is highly protected and relatively inefficient. It is now worth $3.8 trillion. This statistic shows the business confidence index for the service sector in Germany from 2008 to 2017, with projections up until 2022. Industry analysis. The federal law on statistics specifies the duties and responsibilities of . The next IHRSA report is due to be released in June 2022, which will include industry statistics from the previous year. Vogue Business unravels the German conundrum. So you can easily extract graphics and individual data. A platform for policymakers, researchers, private sector, regulators, and compilers of economic and financial data to come together to discuss cutting-edge issues in macroeconomic and financial statistics and to build support for statistical improvements. The coronavirus epidemic (COVID19) has affected the global economy and service sector. The turnover of the health sector was about US$368.78 billion (€287.3 billion) in 2010, equivalent to 11.6 percent of gross domestic product (GDP) and about US$4,505 (€3,510) per capita. Per capita consumption of pork is…. The following statistics unearth key booking trends and the changing customer preferences when it comes to booking. However, firms' expectations towards future activity were dealt a blow as Russia's invasion of Ukraine led . Percentage of each country's GDP that comes from the service sector, G7 countries, 2014 Women in STEM statistics have shown that some of the most common reasons women quit their jobs include weak management support and work-life balance. Let's start with some general statistics so you can get a feel for the state of the coworking industry. The service sector contributes around 70% of the total GDP, industry 29.1%, and agriculture 0.9%. 50% of businesses plan to spend more on chatbots than on mobile apps. Coronavirus disease (COVID-19) is having an unprecedented and unpredictable impact on the world's economy. Fast Food Industry Statistics. 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