Over the last decade, there have been countless industries emerging from nowhere, that nobody saw coming. With the advent of new technologies and advances in science, the truth is that most of the industries today will be disrupted in the future.
For example, electric cars are the future, so the electrical industry will be a sweet spot for investors and potential workers alike. Some industries may disappear in the future, while others are going to thrive. Now, let’s see which industries are growing fast!
With the legalization of marijuana, some people took advantage of it and started a new industry – the cannabis industry. And it’s not just about smoking weed, it’s about healing diseases, helping with mental issues, and even treating conditions.
As Wild Hemp states, research shows potential as a treatment for a broad range of conditions. And when ingested, its benefits allow your body to reach a point of normalcy. This industry is present in healthcare, makeup, skincare, and even food.
For example, there have been product releases from known companies, that contains CBD oil as a primary ingredient. It is said to help calm the skin and add moisture to its surface.
Hemp took over the market, and for a good reason! It can help with a lot of issues, so people tend to try to seek it out to see if it helps them.
Solar and wind energy are the future of our electricity. The prices of renewable energy have decreased over the last couple of years, being more affordable than traditional power.
And why is it cheap? The answer is simple – the resources won’t run out. Large companies, such as Samsung, are using renewable energy. This industry is worth over 1.2 billion dollars, and this makes it a fast-growing industry that has a bright future.
This industry isn’t just about silly games on your phone. Since 1990, virtual reality has been improving its technology, and now it’s used in a lot of things like in the military, sports, and the medical field.
For example, there’s a new technology in the medical field that uses VR to stage a surgery. This is an amazing breakthrough because doctors can go into a patient knowing the exact procedure, and the margin of error is minimized.
The crypto industry is something that grew a lot in a short period. A few years ago, no one knew what that was, but now everyone knows about BitCoins.
The cryptocurrency was primarily used in the deep web for illegal purposes because it is untraceable. Nowadays, a lot of websites allow cryptocurrency as payment.
Some people may find this fishy, but we believe that this is the future of money. It has a huge reach because it’s international, anyone can get a virtual wallet, and it’s easy to make transactions with it.
Some industries may not survive in the next ten years, and others are going to emerge from the shadows. When making a business decision, you have to evaluate the future of the industry.
Team of Destiny: Inside Virginia Basketball’s Run to the 2019 National Championship, by Jerry Ratcliffe and Chris Graham, is available for $25.
The book, with additional reporting by Zach Pereles, Scott Ratcliffe and Scott German, will take you from the aftermath of the stunning first-round loss to UMBC in 2018, and how coach Tony Bennett and his team used that loss as the source of strength, through to the ACC regular-season championship, the run to the Final Four, and the thrilling overtime win over Texas Tech to win the 2019 national title, the first in school history.