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How to Spot Rapidly Growing Industries to Invest In

If you are an investor looking for growth Industries, it can be a challenge to zero in on just the right investment opportunities. However, it is not impossible. It takes due diligence and an ability to analyze industry trends. These represent growing industries with upward momentum and a bright future. A keen understanding of the business climate, at any given moment, is also needed to spot and pick winners.

Pay Attention to Due Diligence

Due diligence places focus on an industry’s past, current, and future growth figures. It is no secret that some industries experience growth bubbles that can burst at any time. Some investors get caught holding the bag with millions, even billions, in lost revenues when the industry goes belly-up or flattens out too soon. The financial losses can be staggering. There are a number of emerging industries that show long-term promise for growth:

Virtual Reality – Gaming, health, and education are among the top industries advancing Virtual Reality applications. Revenues, market size, and industry worth are all on upward trends.

3-D Printing – The field is also known as additive manufacturing. It is on the list of the fastest growing industries and is certain to expand exponentially in the near future. Experts estimated the industry’s worth at $5.2 billion in 2015. While different sources may vary the estimate, there are no questions about the technology’s wide applications. 3-D printing is even considered to be leading the new industrial revolution.

Artificial Intelligence – AI used to be an interesting term found in science fiction lore. Today, it is a very real concept and reality. Consider the fact that AI is being used in so many technology applications like Facebook’s DeepFace program which can identify 97 percent of faces scanned. Google’s voice recognition technology also qualifies as AI. IBM’s Watson is yet another example.

Education technology – This sector will also abound in the coming years and decades. Digital technology is a permanent part of the landscape where real-time learning is the future of education. Industry trends show revenue increases are likely to hold steady.

Video Gaming – Both technology and consumer sales are driving the growth of this market. Virtual reality enables an amazing virtual experience for gamers that is transferable to almost every field imaginable.

The reality is that shifts in technology can rapidly change time-honored business practices and companies. To invest wisely, investors must monitor the business climate continually. Like the weather, it can change hourly. Continue to read the latest business journals, subscribe to relevant magazines, network, and keep an eye on competitors. Things that are moving and shaking the world always have a way of finding their way to print.

Euguene Schneur is a real estate mogel and the co-founder of Omni New York.




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How to Spot Rapidly Growing Industries to Invest In

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