Based on the expert analysis and our database of 440+ UK industries, IBISWorld presents a list of the Industries with the Highest Growth in Employment in the UK in 2023
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View a list of the Top 25 industries with the highest growth in employmentEmployment Growth for 2023: 45.0%
Industry revenue dropped at a compound annual rate of 0.7% to £721 million over the five years through 2022-23. This was mostly driven by COVID-19 causing revenue to plummet in 2020-21, which conference centres are yet to fully bounce back from.
The EU referendum drove volatility in business markets, with many companies holding off on spending while market conditions were uncertain. However, conference centres continued to attract bookings; they drew in demand by investing in improving venues (renovating spaces, introducing new technologies, etc.). At the same time, the government was promoting the UK's reputation for hosting quality events to try to... Learn More
Employment Growth for 2023: 34.2%
The industry includes all British companies that transport passengers on domestic or international routes on regular timetables. Passenger air travel is largely considered to be discretionary and industry performance is influenced by consumer and business confidence, the level of disposable income and airfares. Although passenger numbers remain fairly robust during weak economic conditions, changes in consumers' propensity to spend on discretionary items has a more profound effect on revenue, as price competition intensifies when consumer confidence is low.
Industry revenue recovered from a post-EU referendum decline, growing during the two years through 2018-19, as strengthening demand for low-cost carriers offset the... Learn More
Employment Growth for 2023: 32.5%
Per-capita alcohol consumption, income, price, health consciousness and consumer preferences drive non-alcoholic beer producers' performance. Over the five years through 2022-23, revenue is set to grow at a compound annual rate of 30% to £807.6 million, including growth of 34.2% in 2022-23, with the average industry profit margin hitting 19.7%.
Shrinking alcohol consumption per capita alongside growing health consciousness is paving the way for industry growth. Popular craft beer producers are rapidly introducing no-alcohol and sustainable beer varieties, driving growth in the non-alcoholic beer industry. During the COVID-19 pandemic, many consumers stuck at home cut out booze, dabbing into non-alcoholic beer... Learn More
Employment Growth for 2023: 22.0%
The language learning software industry has boomed, with revenue estimated to hike at a compound annual rate of 17% over the five years through 2023-24. Its successful performance is partially due to the infancy of the industry, with the majority of language learning platforms being less than 10 years old. Language learning apps surged in popularity among consumers, providing a cheaper alternative to traditional face-to-face courses while offering greater flexibility to users with regard to the time they are willing or able to dedicate to language learning. The number of start-up developers has increased markedly, with many companies having attracted... Learn More
Employment Growth for 2023: 17.7%
Over the five years through 2022-23, online food ordering and delivery revenue has risen at a compound annual rate of 29.4%. Meal stipends and sales from commercial markets are rising as workers return to the office and the workload increases. Time-poor consumers are increasingly turning to food ordering and delivery platforms for convenient, quick and high-quality food. An entertaining-at-home trend, accelerated by the COVID-19 pandemic, has also supported growth.
Growing demand from food outlets has enabled operators to expand the range of food that they offer. In particular, restaurants and takeaways have joined online food platforms to gain access to a... Learn More
Employment Growth for 2023: 15.8%
Over the five years through 2023-24, Online Recruitment Site industry revenue is anticipated to increase at a compound annual rate of 7.3%. Online recruitment sites have become increasingly popular and a mainstream way to find a job. While site operators can't charge candidates, having more registered CVs and website visitors allows online recruitment companies to command a higher fee from businesses for their services. Sites have prioritised expanding ancillary services to attract more clients and ensure successful placements. Regarding employment trends, government, healthcare, education, IT and technology, and the hospitality and tourism markets have been the driving force for demand... Learn More
Employment Growth for 2023: 15.3%
The Sea and Coastal Passenger Water Transport industry offers a range of services, including cruises, ferry services and fishing charters. The industry is therefore reliant on domestic and international tourism. Cruise ships have performed robustly over most of the past five-year period and have expanded by marketing value, such as all-inclusive holidays. However, demand for international ferry services has wavered as a result of intense competition from air and rail transport. Moreover, travel restrictions in response to the COVID-19 (coronavirus) outbreak caused passenger numbers to plummet during 2020-21.
Industry revenue is expected to decline at a compound annual rate of 8%... Learn More
Employment Growth for 2023: 15.1%
The number of activities conducted on the web, including online commerce and online banking, has surged, triggering an explosion of data tools and software, including software designed to ensure that sensitive personal information and payment card information is kept safe. As organised crime schemes have become increasingly sophisticated, fraud detection software has followed suit. The growth in artificial intelligence has shifted industry interest from rule-based systems to systems powered by machine learning software.
The industry has boomed over the past decade, with revenue estimated to surge at a compound annual rate of 17.5% over the five years through 2023-24 to reach... Learn More
Employment Growth for 2023: 12.7%
Social media platforms are an integral part of people lives, offering ways to communicate, create and view content and share information. According to Ofcom, approximately 60% of adults in the UK use social media, messaging, video sharing and live-streaming services provided by online communication platforms. People aged between 16 and 34 and the biggest social media users, although there is rapid uptake among older age groups as the ease of use improves. Advertising is the primary revenue source for social media platforms, although subscription-based services are gaining momentum as platforms seek to diversify their incomes. TikTok is the success story... Learn More
Employment Growth for 2023: 12.2%
The number of acres planted with grapevines in the United Kingdom more than doubled over the past 10 years, according to trade association Wine GB. Over the past five years, rising domestic and international interest in British wine has been supported by major international awards for UK-produced wines. Wine is mostly produced in the South of England and is predominantly sparkling. Warmer-than-average weather in recent years has improved grape yields and wine quality, supporting the reputation of the UK Wine Production industry. Over the five years through 2022-23, industry revenue is forecast to grow at a compound annual rate of... Learn More
Based on the expert analysis and our database of 440+ UK industries, IBISWorld presents a list of the Biggest Industries by Employment in the UK in 2023
VIEW ARTICLEBased on the expert analysis and our database of 440+ UK industries, IBISWorld presents a list of the Biggest Industries by Revenue. in the UK in 2023
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