The global spending power of LGBTQ+ consumers is estimated to be more than $5 trillion a year, according to LGBT Capital. An even bigger pool is what Out Leadership calls the “Ally Marketplace,” those consumers who identify as allies to the LGBTQ+ community, which could reach 8-10 times the size of the LGBTQ+ market.
Yet, according to Out Leadership and PwC’s Out to Succeed research, only around a third of employees (35%) believe that their company leverages LGBTQ+ inclusion for business advantages. This report analyzes the business impact of LGBTQ+ talent development and quantifies today’s workplace landscape for LGBTQ+ and ally leaders. Read the full Out to Succeed US, Asia, Australia, and Europe regional reports here.
