Top 10 Jobs in Fastest-Growing Industries
My today’s post will guide you people through some of the fastest growing industries in which there are better job prospects and the future is bright. The industries are categorized according to their absolute revenue growth, the past ten year performance and the forecast information of approximately five years. Let us now see that which industries one should opt for when planning his career.
10. Online Eyeglasses and Contact Lens Sale
For the last ten years, the revenue of this sector has grown by almost 28.2% which is indeed a significant growth. Moreover, due to the introduction of latest technology such as one by which potential customers can view themselves in different eye-wears online has made the revenue to boost up even more. It is estimated that up to 2017, the revenue of this sector will grow at a rate of 8.8% annually.
9. Green & Sustainable Building Construction
The awareness of green environment and pollution free atmosphere is unabatedly increasing with each passing day so is the demand of energy efficient buildings. Governments are giving lucrative incentives to contractors to build environment-friendly buildings. From present till 2017, the industry will grow at an annual rate of 22.8% approximately.
8. Hot Sauce Production
Due to rapid globalization, now every country inhabits a great diversity of ethnic and racial groups who have different tastes and eating habits. Hot sauce, one of the ingredients of these foods, has experienced a revenue growth of 9.3% from 2002 to present and is expected to continue growing at an annual rate of 4.1%.
7. Social Network Game Development
Marking a growth of 128% from 2002 till present, network gaming offers a suitable alternative to the game lovers who cannot afford to buy expensive gaming consoles. Moreover, the fact that most of the online games nowadays are free even increase its importance and market value. They then earn by advertising and selling virtual goods. My personal favorite online game nowadays is League of Legends; try it out!
6. 3D Printer Manufacturing
It is the world of 3D nowadays and nearly every field or profession makes use of 3D technology to make the work better and convenient. Its average revenue is expected to grow at a rate of about 14% annually for the next five years. For the last 10 years, the revenue in this sector has grown at a rate of 8.8%.
5. Self-Tanning Product Manufacturing
For the next five years, this sector is expected to grow at an annual rate of 10.7% on average. The trend towards tanning is increasing day by day and for this people require better products which are also safe for health and skin.
4. Pilates & Yoga Studios
In the last 10 years, the revenue in this sector has grown at an annual rate of 12.1% and a forecast growth rate of 4.8% is envisaged up till 2017. The trend towards health & fitness has increased over the recent years and employers are now offering incentives to employees to join health clubs.
3. For-Profit Universities
Joining this sector is really a good alternative when you see that the job market is going through a phase of severe recession. For-profit universities have grown by 13.6% in terms of revenue from 2002 to 2012 and are expected to grow at a rate of 5% in the forthcoming years.
2. Solar-Panel Manufacturing
The non-renewable energy sources are being depleted at a much faster rate now owing to faster growing world population. For this reason, the market for solar-power products have increased giving this sector a revenue growth of around 32.3% in the last 10 years. Until the year 2017, this sector is expected to grow at a rate of around 8.2%.
1. Generic Pharmaceutical Manufacturing
In the year 2000, the median age of the U.S population was 35.3 and in the year 2010 it was a far cry from the previous stats as the median age shifted on to 37.2. The older the median population is, the greater is the need of medicines and drugs. This explains the 9.6% growth of this sector since the year 2002. Future prospects of this sector are also great.