7.13.26

The consulting industry is undergoing one of the most significant transformations in its history. Artificial intelligence, automation, changing client expectations, evolving government policies and expanding global competition are redefining both the services consultants provide and the way consulting firms operate. According to Plunkett Research, the global consulting industry generated an estimated $1.1 trillion in revenue during 2025, while the U.S. consulting market accounted for approximately $479 billion, demonstrating that consulting remains a critical strategic investment for organizations worldwide. However, firms that fail to adapt to new technologies and new pricing models risk falling behind in an increasingly competitive marketplace.

Even more information on this industry is available!  Check out our Consulting Industry Center.

Plunkett’s Consulting Industry eBook, latest edition.

1. Artificial Intelligence Has Become the Industry’s Biggest Growth Engine

No trend is reshaping consulting more dramatically than artificial intelligence. AI strategy, implementation and enterprise transformation have overtaken traditional digital transformation as the industry’s fastest-growing consulting specialties. Organizations are no longer asking consultants simply how to modernize their technology infrastructure. Instead, they seek advice on redesigning business processes around AI, restructuring workflows, governing AI responsibly, organizing enterprise data and preparing employees for AI-powered operations.

Major consulting firms including McKinsey, Boston Consulting Group, Bain, Deloitte, Accenture and PwC have reorganized substantial portions of their practices around AI advisory services. At the same time, these firms are deploying generative AI internally to automate research, proposal writing, presentation development and knowledge management. Rather than replacing consultants, AI is enabling professionals to spend more time on strategic thinking, client relationships and complex problem solving while dramatically improving productivity.

2. AI Agents and Automation Are Redefining Professional Work

Generative AI and Robotic Process Automation (RPA) are transforming office work throughout consulting, accounting, legal services and business operations. AI-powered agents can now handle customer support, procurement, research, document review and many administrative functions that previously required significant human labor.

Examples highlighted by Plunkett Research illustrate how AI is already delivering measurable productivity gains. Companies are deploying conversational AI platforms to manage millions of customer interactions each month, while enterprises use AI to automate expense reports, invoice processing and internal IT support. Agentic AI systems are advancing even further by taking autonomous action, scheduling appointments, qualifying sales leads, responding to cybersecurity incidents and managing procurement activities with minimal human oversight.

Rather than eliminating consultants altogether, these technologies are shifting professionals toward higher-value advisory work requiring judgment, creativity, industry expertise and relationship management. Consulting firms are increasingly expected to help clients redesign organizations around these new capabilities.

3. Clients Demand Measurable Business Results

Corporate executives have become far more disciplined in their consulting expenditures. Organizations now expect consulting engagements to produce measurable improvements in profitability, productivity, operational efficiency or revenue growth.

This shift has fundamentally changed consulting pricing models. Traditional hourly billing is gradually giving way to value-based pricing, contingency fees, subscription services and performance-based compensation. Since AI enables consultants to perform analyses in minutes that once required weeks of labor, billing strictly by hours worked has become increasingly difficult to justify. Instead, firms are pricing engagements according to business outcomes and the value delivered.

Consultancies capable of demonstrating rapid financial returns through cost reductions, supply chain improvements, AI implementation or productivity gains will enjoy a significant competitive advantage.

4. Technology Consulting Continues to Lead Growth

Technology consulting remains the industry’s largest and fastest-growing specialty. Businesses continue investing heavily in cloud computing, cybersecurity, artificial intelligence, predictive analytics, digital identities, Internet of Things (IoT) deployments and supply chain automation.

Meanwhile, expanding government regulation surrounding privacy, cybersecurity, financial services, environmental compliance and consumer protection has created additional opportunities for specialized advisory firms. Consultants who combine deep technical expertise with regulatory knowledge are finding strong demand across virtually every industry.

5. Global Competition Continues to Intensify

Consulting has become an increasingly global business. Leading firms continue expanding operations throughout Asia, Latin America, the Middle East and Africa while maintaining significant investments in India and China.

India remains especially influential. Firms such as Tata Consultancy Services (TCS), Infosys and Wipro have grown into global consulting leaders by combining highly educated workforces with lower operating costs. These companies compete aggressively in technology consulting, cloud implementation, cybersecurity, AI and business process outsourcing.

At the same time, multinational consulting firms have expanded overseas offices to better serve clients operating globally. However, artificial intelligence may eventually reduce some of the labor-cost advantages that fueled decades of offshoring by automating many routine knowledge-based tasks previously performed in lower-cost countries.

6. Government Consulting Faces New Challenges

Government remains one of the world’s largest purchasers of consulting services, particularly in information technology, defense, cybersecurity, engineering and facilities management. However, the consulting environment has become considerably more challenging.

In the United States, increased scrutiny of federal consulting expenditures has resulted in demands for lower fees, reduced project scopes and greater accountability. Many major consulting firms have proposed billions of dollars in contract reductions while expanding their use of AI to improve efficiency and lower project costs.

Although government consulting remains an enormous market, firms must increasingly demonstrate measurable value and operational efficiency to maintain long-term contracts.

7. Competition Is Expanding Beyond Traditional Consulting Firms

The consulting industry is no longer dominated solely by traditional management consulting firms. Accounting firms continue capturing significant consulting market share, with Deloitte, PwC, EY and KPMG generating enormous revenues from advisory services. Technology companies such as IBM, Oracle and SAP increasingly combine software implementation with consulting and managed services.

Manufacturers have also expanded into consulting-like activities through product design and engineering partnerships, while many corporations—including Disney, Ritz-Carlton and major Fortune 500 companies—have created internal consulting organizations that occasionally serve external clients.

Consulting firms are simultaneously broadening their own offerings. Several major firms have acquired digital advertising agencies, enabling them to provide integrated services spanning strategy, technology, digital marketing, customer experience and AI transformation.

8. The Future

The consulting industry is entering an era in which technology expertise alone will no longer be enough. Successful firms must combine artificial intelligence capabilities, deep industry specialization, measurable business impact and global delivery models. As AI automates routine analysis and administrative work, consultants will increasingly differentiate themselves through strategic insight, creativity, leadership and implementation expertise.

Organizations across every industry continue facing rapid technological disruption, regulatory complexity and competitive pressure. That environment ensures strong long-term demand for consulting services. The firms that thrive will be those that embrace AI as both a client solution and an internal productivity tool while consistently delivering measurable value, faster execution and tangible business results.

Key Concepts:  Consulting, management, human resources, manufacturing, services, operations, finance, economics, business, globalization, corporations, computers, information technology, research, innovation, artificial intelligence (AI)

Source: Plunkett Research, Ltd., Copyright © 2026

Plunkett Research, Ltd., a Houston, Texas-based market research firm, has completed its latest research on the Consulting Industry.  (See: https://www.plunkettresearch.com/industries/consulting-market-research/).  This revised and updated data is part of our massive Plunkett Research Online subscription service, where we continuously monitor the world’s 40 most vital business sectors, including such industries as retailing, artificial intelligence, health care, sports/recreation and much, much more.  Our analysts and market research continually monitor the world’s leading industries and companies and post thorough updates yearly.

Key Findings:

A complete market research report, including forecasts and market estimates, technologies analysis and developments at innovative firms within the Consulting Industry.  Gain vital insights that can help shape strategy for business development, product development and investments.

Key Features:

• Business trends analysis
• In-depth industry overview
• Technology trends analysis
• Forecasts
• Spending, investment, and consumption discussions
• In-depth industry statistics and metrics
• Industry employment numbers
  
  

Additional Key Features Include:

Industry Glossary

Industry Contacts list, including Professional Societies and Industry Associations

Profiles of industry-leading companies

• U.S. and Global Firms
• Publicly held, Private and Subsidiaries
• Executive Contacts
• Revenues
• For Public Companies: Detailed Financial Summaries
• Statistical Tables
  
  

Key Questions Answered Include:

• How is the industry evolving?
• How is the industry being shaped by new technologies?
• How is demand growing in emerging markets and mature economies?
• What is the size of the market now and in the future?
• What are the financial results of the leading companies?
• What are the names and titles of top executives?
• What are the top companies and what are their revenues?
  
  

This feature-rich report covers competitive intelligence, market research and business analysis—everything you need to know about the Consulting Industry.

Plunkett Research Provides Unique Analysis of the Following Major Trends Affecting the Consulting Industry

1. Major Trends Affecting the Consulting Industry
2. Introduction to the Consulting Industry
3. AI Has Become Consulting’s Largest Growth Opportunity
4. GenAI Agents & Robotic Process Automation (RPA) Are Replacing Human Workers
5. Consulting in Emerging Nations/The Offshoring of Consulting Projects
6. Management Consulting and Consulting to Major Corporations
7. Consulting to Governments/U.S. Federal and State Consulting Contracts
8. Federal Government Consulting Contracts Are Massive in IT, Defense & Facilities
9. IT Consulting/Software Consulting/ Computer Operations Consulting
10. Trends in Manufacturing, such as Original Design Manufacturers (ODMs), Lead to Collaboration and Consulting-Like Services
11. Consulting Firms Accept Assignments with Contingency Fees
12. Consulting Firms Acquire Digital Advertising Agencies, Extending Their Marketing Services
13. Accounting Firms Taking Large Market Share of Consulting Contracts
14. Many Industry Sectors Seek Consulting and Outsourcing Income, Competing with Pure Consultancies
15. Major Corporations and Organizations Develop Internal Consultants and Seek Outside Clients
16. Corporate Clients Want Solid Returns on IT Investments
17. Consultancies Position Themselves to Serve Global Markets and Multinational Corporations
18. Offshoring to India Drives Changes in Global Consulting
19. BPO and KPO: White-Collar and Professional Tasks such as Law and Accounting Are Offshored/Call Centers Become More Sophisticated
20. New MBAs Desire Consulting and Accounting Jobs

Plunkett Research Provides In-Depth Tables for the Following Consulting Industry Statistics

1. Consulting Industry Statistics and Market Size Overview
2. Consulting Industry Employment, U.S.: 2020-April 2026

7.6.26

The real estate and construction industries are navigating one of their most transformative periods in decades. Economic pressures, including elevated interest rates, affordability challenges and changing workplace patterns, continue to reshape residential and commercial markets. At the same time, advances in artificial intelligence (AI), digital construction technologies, sustainability initiatives and demographic shifts are creating entirely new opportunities for developers, investors, builders and technology providers. Rather than moving in a single direction, the industry is balancing short-term economic headwinds with long-term technological transformation. The companies that adapt to these changing conditions will be best positioned for growth in the years ahead. The following are the most significant trends currently defining the industry.

Even more information on this industry is available!  Check out our Real Estate Industry Center.

Plunkett’s Real Estate & Construction Industry eBook, latest edition.

1. High Interest Rates Continue to Reshape Real Estate

Perhaps no factor has had a greater influence on real estate than persistently high interest rates. Mortgage costs have remained elevated through mid-2026, significantly reducing affordability for homebuyers and slowing existing home sales.

Many homeowners who secured historically low mortgage rates during the pandemic are reluctant to sell, limiting housing inventory and keeping prices relatively high despite softer demand. Builders continue to face rising land, labor and material costs, making it difficult to produce affordable homes for first-time buyers.

Commercial real estate faces similar pressures. Office building owners refinancing debt are encountering much higher borrowing costs, while reduced demand for traditional office space continues to pressure valuations and increase foreclosures in older office properties. Premium Class A office buildings remain relatively resilient, but many aging office towers are being repositioned or converted into residential uses.

2. Apartment Markets Adjust After Record Construction

High homeownership costs have pushed many households toward renting. As a result, apartment demand has remained relatively healthy despite record numbers of new units entering the market.

Developers completed more than 500,000 apartment units during 2025, creating increased competition among landlords. Many owners are offering incentives such as free rent, reduced deposits and waived fees to attract tenants.

Looking ahead, apartment construction is expected to slow as developers wait for recently completed projects to be absorbed before launching additional developments. Multifamily housing remains one of the healthier segments of commercial real estate, although construction activity is moderating.

3. AI Is Fueling an Unprecedented Construction Boom

Artificial intelligence has become one of the most powerful drivers of global construction spending.

Technology companies are investing hundreds of billions of dollars in hyperscale AI data centers that require enormous computing capacity, sophisticated cooling systems and massive electrical infrastructure. Industry forecasts suggest up to 100 gigawatts of new data center capacity could be added worldwide between 2026 and 2030.

This boom has created tremendous opportunities for contractors specializing in mission-critical facilities. However, developers face significant challenges, including shortages of electrical power, lengthy permitting processes, limited utility grid capacity and shortages of highly skilled labor.

Many developers are now constructing on-site power generation systems—including natural gas facilities and, in some cases, evaluating small modular nuclear reactors—to overcome utility constraints. AI infrastructure has become one of the fastest-growing segments of the global construction industry.

4. Construction Technology Is Improving Productivity

Technology continues to modernize one of the world’s oldest industries.

Building Information Modeling (BIM) has become an increasingly valuable project management tool, allowing architects, engineers and contractors to collaborate using detailed three-dimensional digital models that integrate design, materials, scheduling, costs and long-term maintenance throughout a building’s lifecycle.

At the same time, builders are adopting prefabrication, modular construction, robotics and 3D printing to improve quality while reducing labor requirements and construction schedules. Factory-built wall systems, automated manufacturing and robotic assembly are helping address persistent shortages of skilled construction workers while increasing efficiency.

These technologies are transforming how buildings are designed, manufactured and assembled.

5. Sustainability Becomes Standard Practice

Environmental performance has become a major competitive advantage throughout the construction industry.

Builders increasingly pursue LEED, Green Globes and other green certifications while incorporating energy-efficient designs, advanced insulation, high-performance windows, smart HVAC systems, solar power and water-saving technologies.

Governments continue strengthening building codes while encouraging sustainable development through tax incentives and emissions regulations. Although green buildings often involve higher upfront costs, owners increasingly recognize the long-term benefits through lower operating expenses, improved energy efficiency and stronger property values.

Large-scale retrofitting of existing buildings is also accelerating as cities pursue aggressive carbon reduction goals.

6. Retail Real Estate Continues to Reinvent Itself

Reports of the death of the shopping mall have proven premature.

Successful malls and shopping centers continue evolving into mixed-use destinations featuring restaurants, entertainment, healthcare providers, fitness centers and residential developments. Retailers are increasingly integrating physical stores with e-commerce operations, using stores as fulfillment centers while encouraging customers to shop across multiple channels.

Older retail properties continue to be redeveloped into apartments, educational facilities, research campuses, medical centers and logistics facilities. Meanwhile, construction of new retail space remains historically low, and large amounts of obsolete retail space have been demolished to make way for higher-value developments.

7. Mixed-Use Developments Continue Expanding

Developers increasingly favor mixed-use projects that combine residential, office, hospitality, retail and entertainment within walkable communities.

These “live-work-play” developments maximize land values while responding to changing consumer preferences for convenience and urban lifestyles. Many are being built around transit stations, sports arenas and urban redevelopment districts.

The mix of uses is also evolving. With office demand moderating, developers are dedicating greater portions of projects to residential housing, hospitality and experiential retail. Vertical mixed-use developments continue gaining popularity in dense urban markets where land is scarce and expensive.

8. Demographics Continue to Drive Housing Demand

The aging of the Baby Boom generation continues influencing residential design.

Universal design features—including wider doorways, step-free entrances, accessible bathrooms and smart home technologies—allow homeowners to age in place more comfortably. Demand for independent living, assisted living and continuing-care communities continues growing as approximately 10,000 Americans reach age 65 each day.

Meanwhile, smart homes equipped with Internet of Things (IoT) technologies are becoming increasingly common, allowing homeowners to control lighting, security, heating and appliances remotely through smartphones and voice assistants.

9. China’s Property Market Enters a New Phase

China’s real estate market remains under significant pressure following the collapse of its property boom.

While government intervention has reduced the likelihood of a severe financial crisis, oversupply, weak consumer confidence, declining demographics and financial stress among developers continue limiting recovery. Rather than returning to the rapid expansion experienced during the previous two decades, China’s property market appears to be entering a period of slower, more sustainable growth characterized by substantial differences between stronger and weaker regional markets.

10. The Future

The real estate and construction industries are entering a new era defined by technological innovation, changing demographics and evolving patterns of development.

While elevated financing costs and affordability challenges will likely continue creating near-term uncertainty, long-term opportunities remain substantial. AI-driven infrastructure investment, advanced construction technologies, sustainable building practices and adaptive redevelopment are reshaping virtually every segment of the industry.

Organizations that embrace digital construction tools, improve productivity through automation, invest in sustainability and adapt to changing consumer preferences will be best positioned to succeed. The industry’s future will be determined not simply by economic cycles, but by its ability to integrate innovation with resilience in an increasingly technology-driven world.

Key Concepts: Real estate, housing, construction, development, green buildings, sustainability, communities, mortgages, architecture, business, investing, finance, economics, globalization, marketing, aging in place

Source: Plunkett Research, Ltd., Copyright © 2026

Plunkett Research, Ltd., a Houston, Texas-based market research firm, has completed its latest research on the Real Estate & Construction Industry.  (See: https://www.plunkettresearch.com/industries/real-estate-construction-market-research/).  This revised and updated data is part of our massive Plunkett Research Online subscription service, where we continuously monitor the world’s 40 most vital business sectors, including such industries as retailing, artificial intelligence, health care, sports/recreation and much, much more.  Our analysts and market research continually monitor the world’s leading industries and companies and post thorough updates yearly.

Key Findings:

A complete market research report, including forecasts and market estimates, technologies analysis and developments at innovative firms within the Real Estate & Construction Industry.  Gain vital insights that can help shape strategy for business development, product development and investments.

Key Features:

• Business trends analysis
• In-depth industry overview
• Technology trends analysis
• Forecasts
• Spending, investment, and consumption discussions
• In-depth industry statistics and metrics
• Industry employment numbers
  
  

Additional Key Features Include:

Industry Glossary

Industry Contacts list, including Professional Societies and Industry Associations

Profiles of industry-leading companies

• U.S. and Global Firms
• Publicly held, Private and Subsidiaries
• Executive Contacts
• Revenues
• For Public Companies: Detailed Financial Summaries
• Statistical Tables
  
  

Key Questions Answered Include:

• How is the industry evolving?
• How is the industry being shaped by new technologies?
• How is demand growing in emerging markets and mature economies?
• What is the size of the market now and in the future?
• What are the financial results of the leading companies?
• What are the names and titles of top executives?
• What are the top companies and what are their revenues?
  
  

This feature-rich report covers competitive intelligence, market research and business analysis—everything you need to know about the Real Estate & Construction Industry.

Plunkett Research Provides Unique Analysis of the Following Major Trends Affecting the Real Estate & Construction Industry

1. Major Trends Affecting the Real Estate & Construction Industry
2. Introduction to the Real Estate & Construction Industry
3. High Interest Rates Hinder Mortgage Originations, Slow Home Sales & Create Challenges for Commercial Real Estate
4. Online Competition Changes the Mortgage Industry
5. Apartment Market Evolves Due to New Construction and High Interest Rates
6. Real Estate Online Services Continue to Grow
7. Internet-Based Home Sales and Court Rulings on Commissions Challenge Residential Brokers
8. Homes and Commercial Buildings Seek Green Certification
9. Building Technologies Advance/Robotics & 3D Printing Used in Construction
10. AI Data Center Construction Booms Worldwide, Faces Monumental Challenges
11. Baby Boomers Become a Strong Influence in the Housing Market/Universal Design Improves Aging in Place
12. Real Estate Markets in China Face Challenges
13. Mixed-Use Developments Go Vertical
14. Malls and Shopping Centers Adapt to New Technologies and Ecommerce
15. Malls Remodel and Update Strategies to Boost Sales and Attract Shoppers
16. Remodeling Market Is on the Upswing
17. Shared Spaces for Co-Living and Co-Working Face Challenges
18. The Internet of Things (IoT) and the Smart Home
19. The Future of Housing/The Future of Cities

Plunkett Research Provides In-Depth Tables for the Following Real Estate & Construction Industry Statistics

1. Real Estate & Construction Industry Statistics and Market Size Overview
2. Value of U.S. Private Construction Put in Place: 2019-2025
3. Value of U.S. Public (Government) Construction Put in Place: 2019-2025
4. Estimates of the Total Housing Inventory for the U.S.: 2024-2025
5. Commercial, Residential & Farm Mortgages by Holder, U.S.: 2017-2025
6. Home Mortgages by Holder, U.S.: 2017-2025
7. Mortgage Loans Outstanding, U.S.: 1985 – 2025
8. New Privately-Owned Housing Units Started, U.S.: 1985-2025
9. Homeownership Rates by Region, U.S.: Selected Years, 1965-2025
10. Average Sales Prices of New Homes Sold in U.S.: 1963-2025
11. Median & Average Sales Price of New Single Family Homes by Region, U.S.: 1990-2025
12. Construction Industry Employment, U.S.: 2021-April 2026
13. Miscellaneous Real Estate & Construction Industry Employment, U.S.: 2021 – April 2026

6.22.26

The engineering and research industry stands at the center of global technological advancement. From artificial intelligence and biotechnology to renewable energy and advanced manufacturing, engineering and research organizations are shaping the innovations that will define the next decade. As governments, universities, and corporations increase investments in research and development (R&D), the pace of discovery continues to accelerate.

Global R&D expenditures are expected to reach approximately $2.8 trillion in 2025, highlighting the growing recognition that innovation is a critical driver of economic growth, competitiveness, and national security. Across industries, organizations are investing heavily in emerging technologies that promise to transform healthcare, transportation, energy production, manufacturing, communications, and scientific discovery.

Even more information on this industry is available!  Check out our Engineering Industry Center.

Plunkett’s Engineering & Research Industry eBook, latest edition.

1. Artificial Intelligence Becomes a Core Research Tool

Artificial intelligence (AI) is rapidly becoming one of the most important technologies influencing both engineering and research activities. AI systems are now being used to analyze massive datasets, automate complex design processes, improve simulations, and accelerate scientific discovery.

In engineering, AI-powered software helps optimize product designs, predict equipment failures, and improve manufacturing efficiency. Digital twins—virtual replicas of physical systems—allow engineers to simulate performance and identify improvements before building expensive prototypes.

Within scientific research, AI is dramatically reducing the time required to analyze data and identify meaningful patterns. Pharmaceutical companies are using machine learning algorithms to screen potential drug candidates, helping researchers discover promising treatments faster and at lower cost. AI-driven research tools are also contributing to breakthroughs in materials science, climate modeling, and genomics.

2. Global Competition Fuels Research Investment

The race for technological leadership continues to intensify among nations around the world. While the United States remains a global leader in research output and innovation, countries throughout Asia and Europe are making significant investments to expand their technological capabilities.

China has become one of the world’s largest investors in research and development, with major initiatives focused on semiconductors, artificial intelligence, quantum computing, aerospace, and biotechnology. India continues to strengthen its position as a global technology and engineering hub, while South Korea, Taiwan, Singapore, and Japan maintain strong commitments to advanced manufacturing and scientific research.

At the same time, concerns regarding intellectual property protection, cybersecurity, and geopolitical tensions are prompting many organizations to reevaluate how and where they conduct research activities. As a result, balancing international collaboration with strategic protection of intellectual assets has become an increasingly important priority.

3. Biotechnology Enters a New Era

Biotechnology remains one of the fastest-growing segments of the research industry. Advances in gene editing, genomics, synthetic biology, and personalized medicine are creating new opportunities to treat diseases that were previously considered untreatable.

Technologies such as CRISPR are allowing scientists to modify genes with unprecedented precision, opening the door to therapies for inherited disorders and certain cancers. Personalized medicine approaches are enabling healthcare providers to tailor treatments based on individual genetic profiles, improving outcomes while reducing side effects.

Beyond healthcare, biotechnology is increasingly being applied to agriculture, industrial manufacturing, and environmental sustainability. Researchers are developing genetically enhanced crops, bio-based chemicals, and alternative protein sources that could significantly improve food security and reduce environmental impacts.

4. Clean Energy and Electrification Accelerate

The global transition toward cleaner energy systems is generating enormous demand for engineering expertise and research innovation. Governments and corporations are investing billions of dollars in technologies designed to reduce greenhouse gas emissions and improve energy efficiency.

Electric vehicles (EVs) remain a major focus of investment. Automakers are expanding EV production while researchers work to improve battery performance, reduce charging times, and lower manufacturing costs. New battery technologies—including solid-state batteries, sodium-ion batteries, and graphene-enhanced designs—have the potential to significantly improve vehicle range and safety.

Hydrogen is also emerging as a promising energy source, particularly for heavy transportation and industrial applications where electrification may be more difficult. Significant investments are being made in green hydrogen production technologies that use renewable energy to generate hydrogen without carbon emissions.

Renewable energy research continues to advance as engineers improve solar panels, wind turbines, energy storage systems, and smart-grid technologies capable of managing increasingly complex energy networks.

5. Advanced Manufacturing and Robotics Expand

Manufacturing industries continue to embrace automation as they seek greater productivity, flexibility, and resilience. Industrial robots are becoming more capable, affordable, and easier to deploy, leading to widespread adoption across automotive, electronics, logistics, and consumer goods manufacturing.

Collaborative robots, often called cobots, are particularly noteworthy because they can safely work alongside human employees. These systems help companies address labor shortages while improving productivity and product quality.

The integration of AI, robotics, sensors, and industrial internet technologies is creating highly connected “smart factories” capable of real-time monitoring and optimization. These facilities generate enormous amounts of operational data that can be analyzed to improve efficiency, reduce downtime, and enhance quality control.

Additive manufacturing, commonly known as 3D printing, also continues to evolve. Engineers are increasingly using advanced printing technologies to create complex components for aerospace, healthcare, automotive, and industrial applications.

6. Space Commercialization Creates New Opportunities

One of the most exciting developments in engineering today is the rapid growth of the commercial space sector. Private companies have dramatically reduced launch costs through reusable rocket technologies, making space more accessible than ever before.

Commercial satellite networks are expanding global communications capabilities, while space-based observation systems provide valuable data for agriculture, weather forecasting, environmental monitoring, and national security applications.

Researchers are also exploring opportunities in space manufacturing, lunar exploration, and deep-space missions. As launch costs continue to decline, entirely new industries may emerge around space infrastructure and resource utilization.

7. The Future

The engineering and research industry is entering a period of unprecedented opportunity. Artificial intelligence, biotechnology, advanced materials, clean energy, robotics, and space technologies are converging to create powerful new innovation ecosystems.

Organizations that successfully embrace these trends will be positioned to lead future breakthroughs, while those that fail to invest in research and technological advancement risk falling behind. As global R&D spending continues to rise and innovation cycles become increasingly compressed, engineering and research professionals will remain at the forefront of solving some of the world’s most complex challenges.

Key Concepts:  Research, CAD CAM, internet, design, software, networks, artificial intelligence (AI), hardware, jobs, innovation, investing, marketing, finance, technology, business

Source: Plunkett Research, Ltd., Copyright © 2026

Plunkett Research, Ltd., a Houston, Texas-based market research firm, has completed its latest research on the Engineering & Research Industry.  (See: https://www.plunkettresearch.com/industries/engineering-rd-technology-market-research/).  This revised and updated data is part of our massive Plunkett Research Online subscription service, where we continuously monitor the world’s 40 most vital business sectors, including such industries as retailing, artificial intelligence, health care, sports/recreation and much, much more.  Our analysts and market research continually monitor the world’s leading industries and companies and post thorough updates yearly.

Key Findings:

A complete market research report, including forecasts and market estimates, technologies analysis and developments at innovative firms within the Engineering & Research Industry.  Gain vital insights that can help shape strategy for business development, product development and investments.

Key Features:

• Business trends analysis
• In-depth industry overview
• Technology trends analysis
• Forecasts
• Spending, investment, and consumption discussions
• In-depth industry statistics and metrics
• Industry employment numbers
  
  

Additional Key Features Include:

Industry Glossary

Industry Contacts list, including Professional Societies and Industry Associations

Profiles of industry-leading companies

• U.S. and Global Firms
• Publicly held, Private and Subsidiaries
• Executive Contacts
• Revenues
• For Public Companies: Detailed Financial Summaries
• Statistical Tables
  
  

Key Questions Answered Include:

• How is the industry evolving?
• How is the industry being shaped by new technologies?
• How is demand growing in emerging markets and mature economies?
• What is the size of the market now and in the future?
• What are the financial results of the leading companies?
• What are the names and titles of top executives?
• What are the top companies and what are their revenues?
  
  

This feature-rich report covers competitive intelligence, market research and business analysis—everything you need to know about the Engineering & Research Industry.

Plunkett Research Provides Unique Analysis of the Following Major Trends Affecting the Engineering & Research Industry

1. Major Trends Affecting the Engineering & Research Industry
2. Introduction to the Engineering & Research Industry
3. A Short History of U.S. Industrial Research & Development
4. R&D Expands in Chinese Research Parks/Patent Filings Soar
5. Outsourcing and Offshoring of Research, Development and Engineering Grow Along With Globalization
6. Original Design Manufacturing (ODM) Adds Value to Contract Electronics Manufacturing
7. The State of the Biotechnology Industry Today
8. Nations Compete Fiercely in Biotech Development
9. Globalization and Worldwide Collaboration Fuel the Research Efforts of Major Corporations
10. Number of Patent Applications Remains High/Patent Laws Change
11. Industrial Robots and Factory Automation Advance Through Artificial Intelligence (AI)
12. Fuel Cell and Hydrogen Power Research Continues/Fuel Cell Cars Enter Market
13. Electric Cars (EVs) and Plug-in Hybrids (PHEVs) Spur Changes at Auto Makers
14. Major Technology Research in Batteries/Massive Investments in Battery Factories and Power Storage
15. Supercomputing Hits 1,742 Petaflops
16. Superconductivity Provides Advanced Electricity Distribution Technology
17. Private, Reusable Rockets Launch Commercial Satellites and Serve Both the U.S. Military & NASA
18. Technology Discussion—Synthetic Biology
19. The Future of Transportation and Supply Chains: Massive Investments in Infrastructure & Mobility Services
20. HPTP Thermoplastics, Thermoset and Engineered Plastics Enable Advanced Products/ Nanocomposites Offer the Ultimate in Advanced Materials
21. Artificial Intelligence (AI), Deep Learning and Machine Learning Advance into Commercial Applications, Including Health Care and Robotics
22. Artificial Intelligence (AI) Enables Efficiencies and Accelerated Innovation in R&D
23. The Future of Space Commercialization and Private Rocket Launch Services

Plunkett Research Provides In-Depth Tables for the Following Engineering & Research Industry Statistics

1. Engineering & Research Industry Statistics and Market Size Overview
2. Quarterly Engineering & Research Industry Revenues, U.S.: 2025
3. Engineering & Scientific Research & Development Services: Estimated Sources of Revenue, U.S.: 2019-2023
4. Federal R&D Funding by Character of Work and Facilities and Equipment, U.S.: Fiscal Years 2024-2026
5. Federal R&D Budget & Distribution by Agency, U.S.: Fiscal Years 2024-2026
6. Federal R&D & R&D Plant Funding for National Defense, U.S.: Fiscal Years 2024-2026
7. Federal R&D & R&D Plant Funding for Health and Human Services, U.S.: Fiscal Years 2024-2026
8. Federal R&D & R&D Plant Funding for Space Flight, Research & Supporting Activities, U.S.: Fiscal Years 2025-2026
9. NASA Budget Appropriations & Projections: 2025-2031
10. Federal R&D & R&D Funding for Basic Research, U.S.: Fiscal Years 2024-2026
11. Federal R&D & R&D Plant Funding for Agriculture, U.S.: Fiscal Years 2024-2026
12. Federal R&D & R&D Plant Funding for Transportation, U.S.: Fiscal Years 2024-2026
13. Federal R&D & R&D Plant Funding for Energy, U.S.: Fiscal Years 2024-2026
14. U.S. Department of Energy Funding for Science & Energy Programs: 2025-2027
15. U.S. National Nanotechnology Initiative (NNI) Budget: Fiscal Years 2024-2026
16. NSF Budget by Appropriation (Dollars in Millions), Fiscal Years 2025-2027
17. Research Funding for Biological Sciences, U.S. National Science Foundation: Fiscal Years 2025-2027
18. Research Funding for Engineering, U.S. National Science Foundation: Fiscal Years 2025-2027
19. Top 30 U.S. Patent Recipient Organizations: 2024
20. The U.S. Drug Discovery & Approval Process
21. Employment in Engineering Occupations by Business Type, U.S.: 2022 – 2026
22. Employment in Life & Physical Science Occupations by Business Type, U.S.: May 2025

6.15.26

The restaurant, hotel and hospitality industry is entering a new era defined by technological innovation, shifting consumer preferences, labor challenges and evolving travel habits. From artificial intelligence-powered ordering systems to sustainable tourism initiatives and experiential travel, hospitality companies are adapting rapidly to meet the expectations of modern consumers.

Even more information on this industry is available!  Check out our Restaurant Industry Center.

Plunkett’s Restaurant, Hotel and Hospitality Industry eBook, latest edition.

1. Artificial Intelligence and Automation Are Reshaping Operations

Artificial intelligence has emerged as one of the most transformative forces in hospitality. Restaurants are implementing AI-powered voice ordering systems, self-service kiosks, mobile ordering platforms and robotic food preparation technologies to improve efficiency and reduce costs.

Major brands including McDonald’s, Taco Bell, KFC and Pizza Hut are investing heavily in AI solutions that can personalize recommendations, streamline ordering and increase average transaction values. In many cases, AI systems can even upsell menu items more effectively than human employees.

Hotels are also embracing AI. Advanced systems now analyze guest preferences, automate customer support, optimize room pricing and provide personalized recommendations for dining, activities and accommodations. AI-powered chatbots and smart-room technologies are becoming increasingly common as hotel operators seek to improve service while controlling labor costs.

2. Rising Labor Costs Are Accelerating Change

The hospitality industry remains one of the world’s largest employers, yet attracting and retaining workers has become increasingly difficult. Labor shortages, demographic shifts and higher minimum wages are placing significant pressure on restaurant and hotel operators.

As wages rise, businesses are investing more aggressively in automation. Self-ordering kiosks, digital payment systems, robotic food preparation and automated hotel services are becoming practical solutions to staffing challenges.

Many industry observers expect technology to increasingly handle routine tasks while employees focus on higher-value guest interactions and customer service functions.

3. Consumers Want Experiences, Not Just Products

Today’s travelers are looking for authentic, memorable experiences rather than traditional hospitality offerings alone. Consumers increasingly seek local culture, regional cuisine, unique accommodations and meaningful interactions with communities.

Hotels are responding by emphasizing local design, food and beverage programs, cultural experiences and destination-specific amenities. Boutique properties and experiential travel brands continue to gain market share as travelers prioritize authenticity over standardized luxury.

Social media has amplified this trend. Travelers increasingly choose experiences that can be shared online and help express their personal identity.

4. Sustainability Is Becoming a Competitive Advantage

Environmental responsibility has moved from a niche concern to a mainstream business priority. Travelers increasingly favor companies that demonstrate commitment to conservation, energy efficiency and sustainable operations.

Hotels are adopting eco-friendly building practices, reducing waste, conserving water and sourcing local products. Cruise lines are investing in cleaner fuels, advanced wastewater treatment systems and technologies that reduce environmental impact.

Certification programs and sustainability standards are also helping consumers identify hospitality brands that align with their values.

5. Food Delivery Has Become a Permanent Part of Restaurant Strategy

Food delivery platforms such as DoorDash, Uber Eats and Grubhub have fundamentally changed restaurant operations. What began as a convenience service has become an essential revenue channel for many operators.

Consumers now expect the ability to browse menus, place orders and receive meals quickly through mobile apps. While delivery platforms expand restaurant reach, they also create profitability challenges because commissions can consume a significant percentage of each order.

As a result, many restaurants are balancing third-party delivery partnerships with investments in their own digital ordering systems and loyalty programs.

6. The Sharing Economy Continues to Disrupt Hotels

Airbnb, Vrbo and similar platforms have permanently altered the lodging landscape. Millions of travelers now consider vacation rentals, apartments and private homes as alternatives to traditional hotels.

The popularity of short-term rentals has forced hotel companies to rethink their strategies. Many chains are strengthening loyalty programs, improving direct-booking experiences and creating alternative accommodation offerings of their own.

At the same time, increasing regulation of short-term rentals in many cities may gradually narrow some of the competitive advantages enjoyed by sharing-economy platforms.

7. Cruises Continue to Experience Strong Growth

Despite periodic economic and operational challenges, the cruise industry remains one of hospitality’s fastest-growing sectors. Cruise operators continue to report strong demand, high occupancy rates and significant investment in new vessels.

Both mega-ships and smaller specialty vessels are benefiting from consumer interest. Large ships offer extensive entertainment, dining and recreational options, while smaller luxury and expedition ships attract travelers seeking unique destinations and personalized service.

River cruises and expedition cruises are particularly strong growth segments, appealing to travelers looking for immersive and exclusive experiences.

8. Mobile Technology Is Transforming Guest Engagement

Smartphones have become central to the hospitality experience. Consumers increasingly expect mobile check-in, digital room keys, app-based ordering and personalized communications throughout their journey.

Hotels are investing heavily in mobile technology that allows guests to manage nearly every aspect of their stay through an app. Restaurants are expanding mobile ordering, loyalty programs and digital payment options.

These technologies improve convenience while generating valuable customer data that can be used to personalize future interactions.

9. Younger Travelers Are Redefining Hospitality

Millennials and Gen Z travelers have become powerful forces in the hospitality market. These consumers prioritize experiences, value, sustainability and authenticity.

They are more likely to choose boutique hotels, hostels, local food experiences and adventure travel opportunities than previous generations. They also place significant importance on social media-worthy experiences and community engagement.

Hotels are responding with micro-rooms, lifestyle brands, communal spaces, wellness-focused amenities and highly localized experiences designed to appeal to younger demographics.

10. Personalization Is the New Luxury

Luxury is increasingly defined by customization rather than extravagance. Guests expect personalized recommendations, tailored services and experiences that reflect their individual preferences.

AI, customer data analytics and mobile technologies are making personalization more practical than ever. Hotels can now recommend rooms, dining options and activities based on previous stays and behavioral patterns.

The ability to deliver highly customized experiences is becoming a key differentiator across all segments of the hospitality industry.

11. The Future

The future of hospitality will be shaped by the intersection of technology, sustainability and changing consumer expectations. Companies that successfully balance automation with personalized service, embrace environmental responsibility and create memorable experiences will be best positioned for long-term success.

Key Concepts:  Restaurant, business, cruises, economics, hotel, entrepreneurship, finance, future, globalization, fast food, food service, catering, innovation, investing, marketing, consumer goods, technology, hospitality, artificial intelligence (AI)

Source: Plunkett Research, Ltd., Copyright © 2026

Plunkett Research, Ltd., a Houston, Texas-based market research firm, has completed its latest research on the Restaurant, Hotel & Hospitality Industry.  (See: https://www.plunkettresearch.com/industries/restaurant-hotel-and-hospitality-market-research/).  This revised and updated data is part of our massive Plunkett Research Online subscription service, where we continuously monitor the world’s 40 most vital business sectors, including such industries as retailing, artificial intelligence, health care, sports/recreation and much, much more.  Our analysts and market research continually monitor the world’s leading industries and companies and post thorough updates yearly.

Key Findings:

A complete market research report, including forecasts and market estimates, technologies analysis and developments at innovative firms within the Restaurant, Hotel & Hospitality Industry.  Gain vital insights that can help shape strategy for business development, product development and investments.

Key Features:

• Business trends analysis
• In-depth industry overview
• Technology trends analysis
• Forecasts
• Spending, investment, and consumption discussions
• In-depth industry statistics and metrics
• Industry employment numbers
  
  

Additional Key Features Include:

Industry Glossary

Industry Contacts list, including Professional Societies and Industry Associations

Profiles of industry-leading companies

• U.S. and Global Firms
• Publicly held, Private and Subsidiaries
• Executive Contacts
• Revenues
• For Public Companies: Detailed Financial Summaries
• Statistical Tables
  
  

Key Questions Answered Include:

• How is the industry evolving?
• How is the industry being shaped by new technologies?
• How is demand growing in emerging markets and mature economies?
• What is the size of the market now and in the future?
• What are the financial results of the leading companies?
• What are the names and titles of top executives?
• What are the top companies and what are their revenues?
  
  

This feature-rich report covers competitive intelligence, market research and business analysis—everything you need to know about the Restaurant, Hotel & Hospitality Industry.

Plunkett Research Provides Unique Analysis of the Following Major Trends Affecting the Restaurant, Hotel & Hospitality Industry

1. Major Trends Affecting the Restaurant, Hotel & Hospitality Industry
2. Introduction to the Restaurant, Hotel & Hospitality Industry
3. McDonald’s and Other Fast-Food Companies Reposition to Adapt to New Consumer Tastes, Robotics and AI
4. Wages Rise for Restaurant, Hotel and Hospitality Workers
5. Food Trucks Enjoy a Boom
6. Craft/Microbreweries Proliferate
7. Grubhub, DoorDash and Others Deliver Restaurant Meals
8. Obesity Sparks Government, School and Corporate Initiatives/Snack Foods Get Healthier
9. Retail Technologies Advance for Restaurant Online Ordering, along with Robotics and Automation
10. Cruise Industry Enjoys High Occupancy and Launches New Ships
11. Small Cruise Ships Feature Adventure, Luxury, Intimacy or Access to More Places
12. River Cruise Lines Reap the Benefits of Low Capital Investment and High Fares
13. Chinese Tourists Create Growth Opportunities for the Cruise and Hotel Industries
14. Ecotourism, Sustainable Tourism, Adventure Tourism and Volunteerism Grow as Certification Standards Are Set
15. Luxury Hotel Chains Expand Globally
16. What Millennials and Mobile-Savvy Consumers Want as Tourists and Travelers
17. Hotels Target Young Customers with Strategies Ranging from Micro Rooms and Hostels, to Hip Hotels that Encourage Mingling to Fitness Options
18. Sharing Economy Gains Market Share in Travel with Online Sites Like Airbnb, Vrbo and Many Global Competitors
19. Online Travel Agencies (OTAs)/Hotels Fight to Keep Control of the Customer
20. Localization Drives Hotel Features, Marketing
21. Dog-Friendly Hotels Gain Market Share
22. The Future of the Restaurant, Hotel & Hospitality Industry

Plunkett Research Provides In-Depth Tables for the Following Restaurant, Hotel & Hospitality Industry Statistics

1. Restaurant, Hotel & Hospitality Industry Statistics and Market Size Overview
2. Estimated U.S. Restaurant & Food Service Industry Revenues by NAICS Code: 2018-2025
3. Estimated U.S. Hotel & Accommodations Sector Quarterly Revenues: 2023-2025
4. Consumer Food Price Indexes, Food Away from Home & Food at Home, U.S.: 1997-2024
5. Restaurant, Hotel and Hospitality Industry Employment by Business Type, U.S.: 2021-2026
6. Restaurant & Food Service Employment and Wage Estimates by Occupation, U.S.: May 2025

6.5.26

The global apparel, shoes and textiles industry is experiencing one of the most significant periods of change in its history. Valued at an estimated $2.5 trillion in global retail clothing and footwear sales in 2025, the industry is being reshaped by technological innovation, shifting manufacturing strategies, sustainability initiatives and rapidly evolving consumer expectations. From artificial intelligence and robotics to resale platforms and smart fabrics, companies throughout the fashion ecosystem are adapting to a new era of competition and opportunity.

Even more information on this industry is available!  Check out our Apparel  Industry Center.

Plunkett’s Apparel, Shoes & Textiles Industry eBook, latest edition.

1. Global Manufacturing Continues to Shift

One of the most important developments in the industry is the ongoing reconfiguration of global manufacturing. For decades, China dominated apparel and footwear production due to its low labor costs and highly developed supply chains. However, rising wages, labor shortages and changing trade policies have encouraged manufacturers to diversify production into countries such as Vietnam, India, Bangladesh and Cambodia.

Vietnam, in particular, has emerged as a major beneficiary of this shift, rapidly increasing its apparel exports to the United States. India is also strengthening its position as a manufacturing hub through significant investments in infrastructure, transportation and industrial development. At the same time, some apparel production is returning to developed markets through a trend known as reshoring. Advances in automation and digital manufacturing are making it increasingly practical to manufacture products closer to end consumers.

2. Artificial Intelligence Becomes Essential

Artificial intelligence is quickly becoming a core component of the fashion business. AI is now being used to forecast consumer demand, optimize inventory levels, improve supply chain efficiency and accelerate product design. Retailers are leveraging predictive analytics to identify emerging trends before they become mainstream, helping reduce overproduction and inventory waste.

Generative AI tools are transforming the design process by allowing designers to rapidly create and test new concepts. AI-powered virtual try-on systems and personalized sizing recommendations are also helping consumers shop with greater confidence while reducing costly product returns. Major brands are integrating AI into everything from marketing content creation to product development and logistics management.

3. Automation and Robotics Transform Production

Manufacturing technologies are revolutionizing how apparel and footwear are produced. Innovations such as robotic sewing systems, automated cutting machines and 3D printing are reducing labor requirements while improving production speed and flexibility.

Athletic footwear manufacturers have been particularly aggressive in adopting automation. Companies are using advanced knitting technologies, robotic assembly systems and 3D-printed components to create lighter, more customized products. Automated production facilities can respond more quickly to changing consumer demand and support on-demand manufacturing models that reduce excess inventory and waste.

These advances may ultimately lead to more localized manufacturing, allowing companies to shorten supply chains and improve responsiveness to market trends.

4. Athleisure and Athletic Footwear Remain Growth Leaders

Consumer demand for comfort, functionality and versatility continues to fuel strong growth in athleisure apparel and athletic footwear. What began as workout clothing has evolved into everyday fashion, with consumers increasingly wearing athletic-inspired apparel both inside and outside the gym.

Athletic footwear remains one of the industry’s strongest categories, driven by celebrity endorsements, athlete partnerships and designer collaborations. Premium sneaker culture continues to thrive, while consumers increasingly seek products that combine performance, style and brand identity.

Global demand for fitness apparel remains particularly strong among younger consumers and growing middle-class populations in international markets.

5. Sustainability Moves to Center Stage

Sustainability has evolved from a niche concern into a major strategic priority. Consumers, regulators and investors are placing increasing pressure on brands to improve their environmental performance and reduce waste.

Companies are investing heavily in organic cotton, recycled materials, circular manufacturing processes and sustainable packaging. Many brands are also developing products that can be repaired, reused or recycled at the end of their lifecycle.

The growth of resale platforms and secondhand clothing markets reflects changing consumer attitudes toward ownership and sustainability. Major brands are increasingly participating in resale programs and buy-back initiatives to support circular fashion models.

In Europe, new regulations are accelerating these efforts by encouraging more recyclable product designs and greater transparency throughout the supply chain.

6. Omnichannel Retail and Direct-to-Consumer Models Expand

The retail landscape continues to evolve as consumers expect seamless shopping experiences across digital and physical channels. Successful retailers are integrating stores, websites, mobile apps and fulfillment networks to create convenient, flexible purchasing options.

Direct-to-consumer business models have become increasingly important, allowing brands to build stronger customer relationships while improving profit margins. Companies that sell directly through their own websites gain valuable consumer data that can be used to personalize marketing and improve product development.

At the same time, virtual fitting rooms, smart mirrors and AI-powered recommendation tools are helping bridge the gap between online and in-store shopping experiences.

7. Smart Fabrics and Wearable Technology Gain Momentum

Technology is increasingly being woven directly into apparel and footwear products. Wearable sensors can now track exercise performance, heart rate, movement patterns and other health metrics. Smart fabrics equipped with conductive fibers and embedded electronics are creating new possibilities for athletic performance, healthcare monitoring and industrial applications.

As Internet of Things (IoT) technologies continue to advance, apparel will increasingly become part of a connected ecosystem that collects, analyzes and responds to real-time user data.

8. The Future

The apparel, shoes and textiles industry is entering a new phase defined by innovation, sustainability and digital transformation. Companies that embrace AI, automation, advanced manufacturing and consumer-centric business models will be best positioned to succeed.

While challenges remain—including trade uncertainties, supply chain disruptions and evolving regulatory requirements—the future offers significant opportunities. As technology continues to reshape design, production, retailing and customer engagement, the fashion industry is becoming faster, smarter and more responsive than ever before.

Key Concepts: Stores, business, fashion, design, fabrics, entrepreneurship, finance, jobs, offshore, branding, smart fabrics, investing, marketing, retail, online, fast fashion, artificial intelligence (AI)

Source: Plunkett Research, Ltd., Copyright © 2026

Plunkett Research, Ltd., a Houston, Texas-based market research firm, has completed its latest research on the Apparel, Shoes & Textiles Industry.  (See: https://www.plunkettresearch.com/industries/apparel-shoes-textiles-market-research/).  This revised and updated data is part of our massive Plunkett Research Online subscription service, where we continuously monitor the world’s 40 most vital business sectors, including such industries as retailing, artificial intelligence, health care, sports/recreation and much, much more.  Our analysts and market research continually monitor the world’s leading industries and companies and post thorough updates yearly.

Key Findings:

A complete market research report, including forecasts and market estimates, technologies analysis and developments at innovative firms within the Apparel, Shoes & Textiles Industry.  Gain vital insights that can help shape strategy for business development, product development and investments.

Key Features:

• Business trends analysis
• In-depth industry overview
• Technology trends analysis
• Forecasts
• Spending, investment, and consumption discussions
• In-depth industry statistics and metrics
• Industry employment numbers
  
  

Additional Key Features Include:

Industry Glossary

Industry Contacts list, including Professional Societies and Industry Associations

Profiles of industry-leading companies

• U.S. and Global Firms
• Publicly held, Private and Subsidiaries
• Executive Contacts
• Revenues
• For Public Companies: Detailed Financial Summaries
• Statistical Tables
  
  

Key Questions Answered Include:

• How is the industry evolving?
• How is the industry being shaped by new technologies?
• How is demand growing in emerging markets and mature economies?
• What is the size of the market now and in the future?
• What are the financial results of the leading companies?
• What are the names and titles of top executives?
• What are the top companies and what are their revenues?
  
  

This feature-rich report covers competitive intelligence, market research and business analysis—everything you need to know about the Apparel, Shoes & Textiles Industry.

Plunkett Research Provides Unique Analysis of the Following Major Trends Affecting the Apparel, Shoes & Textiles Industry

1. Major Trends Affecting the Apparel, Shoes & Textiles Industry
2. Introduction to the Apparel, Shoes & Textiles Industry
3. Vietnam, India and Other Countries Gain Manufacturing Market Share/Tariffs Alter Market Significantly
4. U.S. Apparel and Textile Jobs Reshore to Some Extent
5. Working Conditions and Workers’ Rights Become Major Considerations as Work Moves from China to Lower-Cost Nations
6. Wearable Sensors Track Exercise Data/Apparel and Shoe Manufacturers Adopt Technologies
7. 3-D Printing and Robotics Revolutionize Manufacture of Shoes and Fabrics
8. Exercise Apparel and Athleisure Clothing Sales Remain Strong
9. Athletic Footwear Sales Boom, Drawing Big Names from Athletes to Designers
10. 3PL Logistics Services and Supply Chain Management Services Evolve and Consolidate
11. The Vast Majority of Shoes Sold in the U.S. Are Made Elsewhere
12. Bricks, Clicks and Catalogs Create Synergies While Online Sales Growth Surges
13. Plus-Size Apparel and Vanity Sizing Target Overweight Consumers
14. Self Service Apparel Fitting Technologies Grow
15. Fast Fashion: Designers and Retailers Speed Up
16. Apparel Manufacturing Goes Green
17. Green Consumers Push Demand for Recycled and Re-sale Clothing
18. Designers and Manufacturers Bypass the Middleman with Direct-to-Consumer Online Business Models
19. Fashion Rental Pioneered by Online Apparel Firm Rent the Runway/Nuuly Is Providing Serious Competition
20. Amazon Becomes One of the World’s Leading Sellers of Apparel and Shoes
21. Disruption, Technology and the Future of the Fashion, Apparel and Shoes Business

Plunkett Research Provides In-Depth Tables for the Following Apparel, Shoes & Textiles Industry Statistics

1. Apparel, Shoes & Textiles Industry Statistics and Market Size Overview
2. U.S. Apparel Manufacturing Producer Price Index (PPI): December 2003 – December 2025
3. Top 50 Destinations of U.S. Textiles & Apparel Exports: 2024-2025
4. Top 25 Countries from which the U.S. Imports Apparel and Textiles, All MFA Fibers: 2024-25
5. U.S. Retail Sales: Apparel, Shoes & Accessories Stores, 2019-2025
6. Apparel & Textiles Industry Employment by Business Type, U.S.: 2021-2026