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5 Hot Industries To Watch

Filed under: Tip of the Day

Eco-FriendlyFifteen years ago in college I read a book called “Being Digital” in which the author, Nicholas Negroponte, foretold of a digital world, one in which you could literally do everything from your computer or TV, and that some modern conveniences of the day — like, for instance, Blockbuster Video — would soon be obsolete.

I scoffed. How could we exist without the convenience of Blockbuster, I thought, as I contemplated a 10-block trek to the nearest video store to return overdue movies.

Of course, 15 years later Blockbuster stores are going out of business in droves and, yes, we are doing almost everything from our computers and TVs. So Mr. Negroponte was right … and had the foresight to not only know that, but to write a book about it. very impressive.

But most of us don’t have the foresight which is why we have to be constantly vigilant with research and survey data to try to come up with the best business plans as possible. This month’s Counselor Marketwise section has a great article on five fastest-growing industries to watch for the next five years, and why you should target them. Check it out, and in the meantime, here are the industries:

  1. Testing & Educational Support
  2. Internet & Technology
  3. Green
  4. Residential & Commercial Construction
  5. Health Care
    Source: IBISWorld

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