What industries will grow the most in the future

I’m going to tell you the 15 fastest  growing industries of the future.   I’ll briefly describe each industry and tell  you how huge they’re projected to become   according to some reputable research  companies. And we’re starting right now.

 

1. Renewable Energy

Renewable Energy is energy from a   source that is not depleted when used. Examples  are Solar, Wind, Biomass, and Hydroelectricity. According to Allied Market Research,  the global renewable energy market   will grow from $928 billion in  2017 to $1.5 trillion by 2025.

2. Internet of Things

Internet of Things (IoT) The Internet of things (IoT) describes the network   of physical objects or ‘things’ that are embedded  with sensors, software, and other technologies   for the purpose of connecting and exchanging data  with other devices and systems over the internet. Smart homes are a great example where  air conditioning and security systems   can be interconnected. These  devices can be remotely operated   or they can work automatically  for certain functions. According to Grand View Research, the Internet  of Things industrial market is projected to grow   from $264 billion in 2021 to $1.1 trillion in  2028. And the Internet of Things retail market   will grow from $36 billion in  2021 to $182 billion in 2028

3. E-learning

E-learning E-Learning is by far,   the fastest growing industry of the future. Online learning makes it easier than ever to  learn about any topic you want from experienced   professionals, online learning marketplaces,  and educational institutions all over the world. The total e-learning market size  was over $250 billion in 2020   and is expected to grow to $1 trillion by 2027.

4. Artificial Intelligence

Artificial Intelligence (AI) Artificial intelligence and machine   learning will eventually impact every  industry over the next several years.   They basically help us automate decision-making  and problem solving in specific situations. The artificial intelligence market will grow  from $94 billion in 2021 to $998 billion in 2028.

 

 

5. Cloud Computing

Cloud Computing Cloud computing helps   organizations process data, store data,  automate decision making, lower IT costs,   and reduce the need for hardware  purchases and maintenance. The global cloud computing market will grow from  $266 billion in 2020 to $766 billion in 2027.

 

6. Drones

Drones come   in various shapes and sizes depending  upon their function, usability and cost. The global commercial drone market will grow  from $21 billion in 2021 to $501 billion in 2028

7. Blockchain Technology

Blockchain Technology Even though blockchain technology   came into existence with Bitcoin,  blockchain has a far-reaching potential   outside of cryptocurrency. Basically,  blockchain is a shared database   that allows multiple parties to access data and  verify that data in real time. Blockchain will   dramatically affect industries such as healthcare,  real estate, finance, and entertainment. The global blockchain technology market  will grow from $6 billion in  2021 and to $395 billion in 2028.

 

8. Cyber Security 

 

Cyber Security  With the increased use of the internet  for a large range of business functions,   the demand for protecting sensitive  information is higher than its ever been. The global cyber security market will grow from  $180 billion in 2021 to $372 billion in 2028.

 

9. Nano Technology

Nano Technology Nanotechnology   is concerned with building materials  on the scale of atoms and molecules. Nanotechnology is expected to revolutionize   the medicine, aerospace, body armor,  solar panel, and food industries. The global Nanomedicine market  will grow to $351 billion in 2025.   But the global nanomaterials  market is still in its infant stage   and is only expected to grow from $10  billion in 2021 to $23 billion in 2027.

 

10. Augmented Reality

Augmented Reality Augmented reality is an experience where   designers enhance parts of users' physical world  with computer-generated input. Smartphones, smart   glasses, and other handheld and wearable devices  will provide the bulk of these experiences. Augmented reality is expected to  take off in the manufacturing,   healthcare, and education industries.The augmented reality market will grow from  $27 billion in 2021 to $340 billion in 2028.

 

11. Robotics  Robots

Robotics  Robots are widely used in the automobile industry  and manufacturing processes of other industries.   It’s also being increasingly used to  perform surgery in the healthcare industry. According to Statista,   the global robotics market will grow from  $132 billion in 2021 to $209 billion in 2025.

 

12. Virtual Reality

Virtual Reality As you know,   virtual reality simulates lifelike  situations. Real life use cases   include gaming, social networking,  education, and on-the-job training. The global virtual reality market will grow  form $22 billion in 2021 to $67 billion in 2028.

 

13. 3D Printing

3D Printing 3D printing is the   construction of a three-dimensional  object from a digital 3D model. Most industries that involve manufacturing  are expected to be affected by 3d printing. The global 3D printing market will grow from  $17 billion in 2021 to $63 billion in 2028.

 

14. Genomics

Genomics is   an interdisciplinary field of biology focusing  on the structure, function, evolution, mapping,   and editing of genomes. A genome is an organism's  complete set of DNA, including all of its genes.  The most common application of genomics is  to understand and find cures for diseases. The global Genomics market will grow from  $24 billion in 2021 to $63 billion in 2028. 

15. Data Science

Data Science All organizations generate huge  amounts of data in the form of documents, text,  audio, video, images, and so forth. Data Science  

involves using prediction algorithms to help  those organizations make better decisions faster.

And more and more companies are  buying data science software  

and platforms to automate all of this.

The global data science platform market will grow  from $5 billion in 2020 to $26 billion in

 

Thanks For Reading.....