CEOs around the world are confident about the ability of their companies to grow over the next three years and confident about the prospects for the global economy, according to the 2015 KPMG CEO Outlook Study released by KPMG International. Nearly 80% of CEOs globally expect to increase hiring over the next three years, according to the report.

More than half of the CEOs surveyed, 55%, said they feel more confident about the economy over the next three years than they did a year ago. Additionally, 59% said they feel more confident about their industry, and 62% are feel more confident their company.

“The overall message we’ve gotten from CEOs around the globe, is that they are positive about their prospects over the next three years, and importantly that they are looking to hire more people,” said John Veihmeyer, global chairman of KPMG International. “There is a more positive change in confidence versus the prior year, in Europe and Asia compared to the US, which is in part reflective of the US being in a more advanced stage of the economic recovery.”

The survey targeted 1,278 CEOs in 10 key markets— including 400 CEOs in the US — and nine key industry sectors including automotive, banking, insurance, investment management, healthcare, manufacturing, technology, retail/consumer markets and energy/utilities. A quarter of the respondents have more than US$10 billion in annual revenue, with no responses from companies with less than US$500 million in revenue.