2. Pension Funds
Revenue: $4,221 billion
Growing levels of contribution and favorable investment returns in the last five years have resulted in an unprecedented increase in the global revenue of this industry. Pension funds, which are basically composed of Defined Contributions (DC) and Defined Benefits (DB) in the last five years have been the primary source of meeting retirement requirements for older people globally.
The revenue of this industry comes from contributions, securities, net sales, investment income, etc. Increasing returns from equities have driven the global growth of this industry.