Quick Answer: What Industries Will Grow In The Next 10 Years?

What is the largest job sector in the US?

The retail industry is the largest employer in the United States, according to World Atlas, and 10 percent of total employment in the United States is in retail..

Which sector creates the most jobs?

Key findings. Private sector services together with accommodation and restaurant are expected to create jobs at the fastest rate of any sector in the economy for the next five years. The utilities sector produced jobs at the highest rate between 2010-2013, but it is not expected to continue doing so.

Which sector is largest in India?

services sectorThe services sector is the largest sector in India. The services sector accounts for 53.66% of total India’s GVA of Rs. 137.51 lakh crore. The industrial sector is at the second spot and contributing around 31% of the Indian GDP.

Which sector is the largest employer?

agricultural sectorThe agricultural sector is the largest employer in the Indian economy.

What are the fastest growing industries?

The 10 Fastest Growing Industries in the USAutonomous Underwater Vehicle Manufacturing. … Medical & Recreational Marijuana Growing. 25.2%Medical & Recreational Marijuana Stores. 23.4%Meal Kit Delivery Services. 22.8%Video Conferencing Software Developers. 21.4%Social Networking Sites. 19.0%Hand Sanitizer Manufacturing. 18.7%For-Profit Universities in the US. 18.6%More items…

Which sectors will grow in the future?

FMCG is the most defensive sector for long-term investment in India. Most of the products in this Industry have been used by the people for over 100 years and yet will continue in the future. Few FMCG companies like HUL, Dabur, Emami, ITC, Nestle etc are common names in Indian-houses.

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.

Which industries make the most money?

Highest-Paying IndustriesHighest Paying Industries Sort by: Wages: High to Low Wages: Low to High Industry: A to Z Industry: Z to ARankIndustryAverage Annual Wages1Portfolio Management$286,5462Investment Banking and Securities Dealing$272,2733Electronic Computer Manufacturing$239,4127 more rows

What are the 5 largest industries in the world?

Hi Peter: These are the world’ biggest industries in dollars.ALCOHOL INDUSTRY – $1161 BILLION.OPEC REVENUE – $1027 BILLION.GLOBAL PHARMA MARKET – $950 BILLION.APPLE – $500 BILLION.WORLDWIDE TV INDUSTRY – $364 BILLION.WALMART – $228 BILLION.MICROSOFT – $224 BILLION.EBAY – $175 BILLION.

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…•

Which sectors will grow in next 10 years?

I would expect a Boom in the following Sectors in the next 10 Years:INFORMATION TECHNOLOGY. The IT sector has been India’s sunshine sector for quite some time now. … INFORMATION TECHNOLOGY. … INFRASTRUCTURE. … Automotive. … Banking and Insurance. … Retailing business. … HEALTHCARE.

What companies are booming right now?

Today’s Fastest-Growing StocksCompanySymbolEPS % Growth 3 YrSplunk IncSPLK101Netflix IncNFLX96Vertex PharmaceuticalsVRTX86ServiceNow IncNOW6814 more rows•Feb 11, 2020

What is the hottest industry right now?

Photos courtesy of the individual members.Cannabis. The cannabis industry is hot and only likely to get hotter. … Human Resources. … Personalized Health And Nutrition. … Construction. … Life Sciences And Biotech. … Health Care. … Decision Intelligence. … Technology.More items…•

What is a dying industry?

America’s 24 dying industries include sound studios, textiles, newspapers. … In fact, employment in that industry has remained stable. An estimated 141.9 million people are working in the United States, up 4.8% from 10 years ago. While the economy as a whole grew at a healthy pace, workforce growth was far from uniform.

What’s the next big industry?

The future industries at the forefront could most definitely be medical related, but most of their advances will likely be due to more powerful computers and software. At clean energy and food production will become the most important industries.