15 Fastest Growing Industries of the Future (Based on Real Data)

i'm going to tell you the 15 fastest growing industries of the future i briefly describe each industry and tell you how huge they're projected to become according to some reputable resource companies and we're starting right now number one renewable energy renewable energy is energy from a source that is not depleted when used examples of 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 number two internet of things the internet of things described the network of visible objects and

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 number

three e-learning online learning makes it easier than ever to learn more about any topic from experienced professionals online 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. number four artificial intelligence artificial intelligence and machine learning will eventually impact every industry over the next several years they basically help us to 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 number five cloud

computing cloud computing helps organizations to 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. number six 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 2026 number seven 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 to 395 billion in 2028 number eight cyber security with the increased use of the internet for a large range of business functions the demand for protecting sensitive data is higher than ever the global cybersecurity market will grow from 180 billion in 2021 to 372 billion in 2028 number nine nanotechnology nanotechnology is concerned with building

materials on scale of atoms and molecules nanotechnology is expected to revolutionize the medicine aerospace body armor solar panel and food industries the global nano medicine market will grow to 351 billion in 2025 but the global nano materials market is still in its infant stage and is only expected to grow from 10 billion in 2021 to 23 billion in 2027 number 10 augmented reality augmented reality is an experience where designers enhance partially uses of 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 number 11 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 number 12 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 from 22 billion in 2021 to 67 billion in 2028 number 13 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 72 billion in 2021 to 63 billion in 2028 number 14 genomics genomics is a field of biology focusing on the structure function evolution mapping and editing of genomes a genome is an organization's complete set of dna including office 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 number 15 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 and 2020 to 26 billion in 2027 thanks

for watching for more helpful insights about these industries make sure to watch the videos next to me