
The world’s richest Industries
The worlds' of commerce and business are exceptionally diverse, while continuing to evolve at an incredible rate. This means that while some industries begin to decay and fade from the economic landscape, others take their place and enjoy renewed, aggressive growth. Understanding these growth markets is crucial, as they will have a direct influence on future job creation and economic performance.
With this in mind, here is our list of the three richest and most influential growth sectors. These industries are likely to grow at an even faster rate over the course of the next decade, so they may well be something for students and the next generation of adults to target.
The healthcare Technology market
This industry has always been lucrative, but net growth of 20.9% in 2015 has marked it as the leading sector for investors and job creation. This growth has been driven by the success of the world's leading pharmaceutical companies, including renowned leaders such as Pfizer, Merck & Co and Johnson & Johnson. With innovation developing at a rapid rate and allowing companies to break new ground in healthcare technology, this is an industry to watch in 2016 and beyond.
The Electronic Technology Market
Another prominent economic player, the Electronic Technology sector has enjoyed exponential growth during the last decade. It also experienced net growth of 13.2% last year, which is a marked improvement on the 11.5% recorded in 2011. Clearly the sophistication of mobile and tablet technology has dominated this market, with leading players such as Apple recording record turnover and sales volumes during the last 12 months. Chipmaker Qualcomm has also drove wider market growth with record profitability, and these number are only going to increase over the course of the next 10 years.
The Online and Mobilegaming sector
Whether you buy euromillions tickets online on theLotter or play poker on Facebook, online and mobile gambling has taken the western world by storm since 2007. This growth has been driven by consumer behaviour and advancing technology, while the emergence of dedicated gaming tablets has also made a huge impact on bottom line profits. This type of device will be an influential player in future growth too, with the mobile content and gaming market forecast to achieve a total valuation of $37.4 billion by the end of 2019.