Question: What Industries Will Grow In The Next 10 Years?

What industries are dying?

reviewed annual employment data from the Bureau of Labor Statistics from 2007 to 2016 to identify the fastest dying industries….Videotape and disc rental.Other apparel knitting mills.

Magnetic media manufacturing and reproducing.

Photofinishing.

Port and harbor operations.

Land subdivision.

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What industries will grow in 2020?

Fastest Growing Industries in the US in 20203D Printing & Rapid Prototyping Services. … Hydraulic Fracturing Services. … Autonomous Underwater Vehicle Manufacturing. … Stock & Commodity Exchanges in the US. … Medical & Recreational Marijuana Growing. … Massage Franchises. … Medical & Recreational Marijuana Stores.More items…

Which sector is best to invest in 2020?

Stock Market. Modi 2.0 – Top 5 Sectors to Invest….Modi 2.0 – Top 5 SectorsBanking. Both PSU as well as Private banks are included here. … Infrastructure. … Insurance. … Real Estate Allied Sectors : Paint & Housing FInance Companies. … Automobile.

How I can double my money?

Here are some best 5 ways to double your money fast.Stock Market. Investments made in the stock market have always given a high rate of returns to people. … Mutual Funds (MFs) … National Savings Certificates. … Corporate Deposits/Non-Convertible Debentures (NCD) … Kisan Vikas Patra (KVP)

Which sectors will grow in next 10 years?

Information Technology (IT)FMCG (Fast-moving consumer goods)Housing finance companies.Automobile Companies.Infrastructure.Bonus: Pharmaceuticals Stocks.

Which sector is bullish in 2020?

Well, the smart money is likely to move towards beaten-down sectors such as autos, mid & small caps. Action is likely to continue in financials, consumer space, and Oil & Gas, suggest experts. “2020 will be a year of equities and just like 2019, high bouts of volatility will be the flavour.

What job sector is the fastest growing?

Fastest growing occupations: 20 occupations with the highest percent change of employment between 2019-29. Click on an occupation name to see the full occupational profile….Fastest Growing Occupations.OCCUPATIONGROWTH RATE, 2019-292019 MEDIAN PAYNurse practitioners52%$109,820 per yearSolar photovoltaic installers51%$44,890 per year18 more rows•Sep 1, 2020

What is the largest and fastest growing industry in the world?

Global Fastest Growing Industries in 2020 Over the five years to 2019, the Global Sugar Manufacturing industry has experienced massive fluctuations in global sugar prices.

What is a good investment 2020?

Here are the best investments in 2020: Treasury securities. Government bond funds. Short-term corporate bond funds. S&P 500 index funds.

Which industry is best to start?

Top 10 Small Business Industries to Start in 2020The Business Services Industry. … The Food and Restaurant Industry. … The General Retail Industry. … The Health, Beauty and Fitness Industry. … The Automotive Repair Industry. … The In-Home Care Industry. … The Technology Industry. … The In-Home Cleaning and Maintenance Industry.More items…•

What is the easiest industry to get rich in?

Ranking: The 10 Best Businesses to Start Now to Be Rich in a DecadeEnergy. … Media. … Consumer Retail. … Construction. … Hospitality. … Finance. … Real Estate. Best sub-industries: Online brokerages, online design services, and real estate tech. … Transportation. Best sub-industries: Autonomous vehicles, electric vehicles, and smart cities.More items…•

What is the world’s fastest growing industry?

From biotechnology to artificial intelligence, we count down five of the fastest growing industries.1 – Renewable energy. … 2 – Cybersecurity. … 3 – Biotechnology. … 4 – Virtual reality. … 5 – Artificial intelligence.

Which sector is best to invest now?

7 Sectors for Long Term InvestmentIT (Information Technology): The revival of USA economy is good news for IT sector. … Pharma (Pharmaceuticals) Recently Govt of India has taken certain steps to promote pharma sector. … Housing Finance Companies / NBFC: … Auto – 4 Wheeler. … Infrastructure: … FMCG – Urban Consumption. … Logistics.

What are the booming industries?

Here are seven industries that are most likely boom in the next 10 years thanks to advancements in technology.The Internet of Things. … 3-D Printing. … Finding Trust in the Sharing Economy. … Wearables in Health Care. … Virtual Reality. … Connected Schooling. … Digitized Hospitality.

What is the number 1 industry in the world?

List of largest companies by revenueRankNameIndustry1WalmartRetail2Sinopec GroupOil and gas3State GridElectricity48 more rows