Business confidence is also on the rise, and many prospective entrepreneurs are finally … The original dotcom era put software publishers on the map and developments over the last 10 years have made employment explode: From 263,600 jobs in 2008 to 407,900 jobs in 2018. With the explosion in tuition costs and student loan debt, the other educational services industry is seeing some robust growth. Barriers to Entry: Medium. This growth makes even more sense when you contrast it with another, adjacent industries in the information sector. Income potential: Anywhere from $50 to $100,000 per month. This industry grew by 303,200 jobs over the last 10 years and is projected to add another 250,000-plus jobs by 2028. Professional Services. Several of the fastest growing industries in the study fall under “other” services. Some key areas that individual and family services covers are foster care and adoption, life skills training, drug prevention and social development. North American Industry Classification System (NAICS), 9 Effective Growth Strategies for Your Small Business, 6 Ways to Position Your Business or Growth in 2020, 7 Fears to Overcome Before Starting Your Business, Here’s How Much the Average Entrepreneur Makes in Every State, 8 Tips for Building a Better Business Budget, 5 Lessons You’ll Learn When Scaling Your Business, How to Safeguard Your Business for the Next Recession. One is medical laboratories, which comprise 14,288 of the 17,667 businesses in this industry. Let’s take a look at the fastest growing industries of 2019. These companies are capitalising on the increasing digitisation of our lives, and in some instances finding completely new ways of doing business and making money. Club sports programs are no longer limited to peewee football — adults want in on the fun, too! Filled with powerful brand-building tips to help you come up with your PERFECT new business name :), Highlights: INC 5000 Fastest Growing Companies. The industry for home care and maintenance has grown by 13% since 2016, making home and property maintenance the fastest growing industry to start a business in 2020 by Excellent Webworld. Mashable spoke to research analysts and small business experts to find out the best industries to start a small business in. The growth in this industry’s employment has been robust, adding 60,900 jobs between 2008 and 2018, and is forecasted to add even more by 2028. This list includes 8 of the quickest-growing industries in 2014. 9 fastest growing industry in the U.S. Instead, our analysis led to a more detailed (and useful) list by using the North American Industry Classification System (NAICS) digit-code system to identify industries on a more specific level. – #169 on the list is Security Industry top company DirectDefense, Englewood, CO, builds custom security protection systems for computer networks and platforms. For example, the other information industry includes exclusive internet-based publishers and broadcasters, a field which has significantly cut into the more traditional industry of newspaper, periodical, book and directory publishers industry. If you're dealing with razor-thin margins, consider building passive income streams. Marijuana-growing-based businesses grew 30%, and retail marijuana stores grew 27%. There are two components of the medical and diagnostic laboratories industry. Operators in the Cotton Growing industry have endured extreme revenue volatility and fluctuating profit margins over the past five years, with a range of external factors influencing industry performance. Annual Revenue Growth (2011-2016): 9.8%. Think again. 3. See: 7 Fears to Overcome Before Starting Your Business. Along with everything else a healthy business requires, this is a pretty important task. In 2008, the output from the data processing and hosting industry totaled $87.8 billion. The market created throug… Starting a business in a state that's experiencing a decline in population, has unfavorable taxes and has... Read More, If you’ve ever wondered what it’s like to see the country through the eyes of a truck driver, now’s a good time to stop wondering and head to your nearest driving school. Plus many business owners just don’t have the time to learn the ins and outs of good bookkeeping practices. One of the best ways to mitigate this risk is by starting a business within a growing industry, where the market is wide enough for new businesses and freelancers to capture their share of the profit. }, Your email address will not be published. Trucking companies and building contractors dominate the fastest-growing industries for small businesses, according to new data from Sageworks, a … { You might recognize some top names in this industry, such as Lynda and Learning Tree International. Launching a successful business as an entrepreneur means identifying unique opportunities in growing industries. To determine the list of fastest growing industries, Seek Capital sourced data from the Bureau of Labor Statistics’ Employment Projections for the years 2018 to 2028. Start your online business with bluehost. Did you learn something from this article? His business ranks No. The category of other information services is just one of several fast growing industries with “other” in its industry title. 1 – Renewable energy The price of renewable energy such as solar and wind power has declined in recent years and become more affordable, meaning that green power is now being seen as a more feasible option for many countries and companies. – The fastest growing company in the travel industry at #63 The Air Travel Group, Orlando, Florida,  which negotiates airline fares for event travel for groups, corporate and sports franchise. 1. 101 Best Side Business Ideas to Start in 2021 (While Working a Full-Time Job) Now, let’s dive in. The tech and marketing worlds are in constant flux, and new development in the social spheres means we are about to experience an innovative boom across various sectors. Our partners compensate us. Interestingly, a recent study by financial data firm Sagewell also indicates that five out of ten of the fastest-growing small business industries are related to construction. Global tech company Samsung has … For example, the other information services industry is experiencing a 2.5 percent annual rate of growth compared to the newspaper, periodical, book and directory publishers industry, which is suffering from a 2.8 percent compound annual rate of decline from 2018 to 2018. 3. Looking for new business ideas for jump-starting your journey to self-employment? Keep reading for more details on why these industries are poised for growth in the coming decade. As with the previous rate cut, this one comes in response to the unprecedented events and impact brought... Read More, When it comes to business, not all states are created equal, and for entrepreneurs just starting out, it matters more than you may realize. Industry output is forecasted to reach $230.9 billion in 2028. According to the NAICS, there are 204,503 marketable businesses in this industry. There was a recent article saying that, Trucking One of the 10 Fastest Growing Industries Forbes. 10 Dying Industries #1 Video Tape / Disc Rental #2 Libraries & Archives #3 Directories & Mailing List Publishers #4 Photofinishing #5 Newspaper Publishers #6 Telephone Apparatus Manufacturing #7 Sound Recording Studios #8 Book Stores & News Dealers #9 Stationery Product Manufacturing #10 Textile & Fabric Finishing Mills; 12 Growing Industries #1 VR / AR Meal kit delivery is one of the fastest-growing industries from 2019 to 2020, with a revenue increase of 22.8%. Corporate health and wellness is a growing industry, as companies look for ways to keep employees healthier and happier. Top 5 Fastest Growing Industries To Start A Business In 2020 . According to IBISWorld, total revenue for the software publishing industry was $270 billion in 2019. This is a money-making niche. 355 Catchy Thrift Store Name Ideas: New to You! Micro-Mobility. Deciding which idea of yours will make for the best business to start is a daunting task. The computer systems design and related services industry is projected to add more than half a million jobs over the next 10 years. In 2017, 45% of corporate employers offered some form of health and wellness program to their employees in 2013, up 15% from 2005. Start Junk Hauling Business shows you how to start a junk removal business with no truck no equipment no clients and grow it as big as you want. In particular, small businesses, which are defined as independently-owned businesses with fewer than 500 employees, are significant drivers of economic growth and job creation. Thus, think of the abundance of online publishers and sites that have emerged over the course of the last 10 years. Some recognizable names in this industry include Booz Allen Hamilton, Accenture and Deloitte. Read: 5 Lessons You’ll Learn When Scaling Your Business. However, there is still hope that we will come out of it stronger. Mixed reality is an industry growing largely on the backs of both entertainment and business applications. The world is changing at an extremely fast pace, and unless you’re able to innovate and move forward quickly, there is a high chance that you will be left behind.There was an interesting article on NBC which had the list of 15 most memorable companies that vanished.. In most U.S. cities, one of the largest employers is always a school district. One great industry to start a small business in 2018 is that of building or home maintenance, as recently there was a 13% jump in sales, meaning it’s an industry in high demand. This way, you … Another thing that is making the ICT industry thrive is the market for cell phones. 4 Online Industries Thriving Under Lockdown. Not only profitable today, … Demand for higher education in the U.S. has not really been blunted by the huge growth in costs and student loans. There are many of business ideas in 2019, it can be hard to figure out which is trending technology with exciting future. Standard educational services, like elementary and high school teachers and professors, are growing, but perhaps more intriguing is the faster growth of other educational services — online courses and schools, business schools and technical training. Our methodology enabled us to drill down to a level of specificity that other lists don’t do. While many businesses end up failing, the following ten have been incredibly successful. So as we see a decline in analog information and publishing, we also see a comparable growth in its digital equivalent. You can unsubscribe at any time. We’re on your side, even if it means we don’t make a cent. HoReCa. Your email address will not be published. By Aja McClanahan August 17, 2017 Start a Business View Gallery. And outside of your personal skills and interests, there are real factors at play that can either limit or unleash your business’s success. The surge of outpatient facilities and employment is in many ways directly connected to the opioid epidemic in America. Which industry has the highest growth rate? Home » Entrepreneur » 16 Fastest Growing Industries to Start an Online Business In. Among the top performers are trade-based industries … It’s easy to see why it’s such a fast-growing sector. The transition to fiber optic cables for communication, for instance, has accounted for a significant percentage in this growth. To get a better idea of the industry, here are some of the subsectors that fall under offices of other health practitioners: offices of chiropractors, optometrists, mental health practitioners, physical therapists, audiologists, podiatrists and all other miscellaneous health practitioners. A major subsector of this is administrative management and general management consulting services. Here are the 15 best niche industries for startups. A startup can be difficult, let alone overcoming the growing pains in order to stick around well into the future. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. One of the best examples of an e-sports start-up that has seen immense growth is smash.gg. “Other” industries also tend to overlap with businesses that handle outsourced work, like health evaluations or management consulting. The Media industries top-performer at #25 is The Penny Hoarder, St Petersburg, Florida a website focused on personal finance to help people save money in unusual ways. Employment in this industry expanded by more than 415,000 from 2008 to 2018. In line with this trend, home healthcare services have been and will continue to experience incredibly fast growth in the coming decade. The Fastest Growing Industries Of The Future. There are just under 390,000 businesses in this industry, with photography studios accounting for more than 88,000 of those businesses and veterinary services accounting for nearly 47,000 of them. The lockdown has thrown the business world into disarray. Elementary and secondary schools are forecasted to increase employment to more than 1.2 million by 2028. Outsourcing is frequently the target of criticism for eliminating jobs, especially low-skilled labor. #14 DashBid, New York City, Works with publishers and media buying agencies to help them manage and sell online advertising inventory. Postal, printing and PC servicing, as well as office product sales, are all included in the wide-reaching industry of business services. Best States to Start a Business (2020 Study), Truck Driver Salaries in Every State — Study Reveals Best and Worst States for Truck Drivers, Cities with the Most Female Entrepreneurs, Computer Systems Design and Related Services, Management, Scientific and Technical Consulting, Data Processing, Hosting and Related Services, Other Professional, Scientific and Technical Services, Junior Colleges, Colleges, Universities and Professional Schools. The biggest subsector is custom computer programming services — writing, modifying, testing and supporting software needs of a particular customer — with 109,028 businesses. Entrepreneurs looking to start a new venture would be wise to focus their ideas on fast-growing industries. For example, startups can offer an online dressing room or better delivery options. Typically, you should either have solid work experience in this fi… If you’re planning to start your own online business in 2014, there are a few things you’re going to want to keep in mind. Individual and family services falls under the social assistance part of the healthcare and social assistance sector. Required fields are marked *. #29 TechAnax, Woodbridge, VA,  Provides program management, network design and engineering, information assurance, IT, data center hosting, unified communications, and other services to government agencies. Employment has been on a steady march, rising by 264,200 jobs over the last 10 years, from about 1.6 million to over 1.8 million currently. Highlights: INC 5000 Fastest Growing Companies . 10. A startup can be difficult, let alone overcoming the growing pains in order to stick around well into the future. Costs to Start Jewelry Business: Store, Online & Handmade, Calculate Startup Costs: What It Costs to Start a Business, 33 Woodworking Business Ideas: Top Selling Projects with Pictures, Travel & Hospitality – 201% aggregate growth rate. "@type": "FAQPage", It shouldn’t come as much of a surprise that software publishing is one of the fastest growing industries. The other component is diagnostic imaging centers, accounting for 3,379 businesses. This industry is composed of businesses with medical staff that is principally engaged in a variety of outpatient services, including diagnosis and treatment of mental health disorders, treatment of alcohol and other substance abuse, family planning, and other general or specialized outpatient care. As an entrepreneur, you can’t just think about tomorrow — you need to consider the coming decades, too. Bottom line? Other educational services, according to NAICS, breaks down into business schools, prep services, and computer and management training, technical and trade schools, other schools and instruction, and educational support services. From 2008 to 2018, employment in the home healthcare services industry rose by 511,300 jobs. In 2018, O’Hare’s latest venture, Next Business Energy, topped the Australian Financial Review’s Fast 100, a list of Australia’s fastest-growing companies. The industry with the highest growth rate is the tech industry, with software jobs, information jobs, and more growing year on year at 27% or more projected for the next five years. ", Some useful examples of establishments within industry include health screening services, physical fitness evaluation services, hearing testing services, smoking cessation programs and pacemaker monitoring services. Wanting your business to be the best and it actually being the best are two very different things. Cecilie_Arcurs / Getty Images . Riding the healthcare boom into the future is the offices of the physicians’ industry. Growing a business takes significant effort. The ICT industry has shown consistent growth in this industry. Steve Griffin, Deseret News Not only are we becoming more ... but, in many cases, technology systems are central to how we do business. #4 Club Pilates Franchise, Costa Mesa, CA, Pilates studio franchise worldwide, #5 Halo Top Creamery, Los Angeles, CA, maker of natural low-calorie ice cream. A great startup idea would be buying a few trucks, hiring a few truck drivers and starting your own transportation business. How to Stand Out "acceptedAnswer": { This is another “other” industry group and ranks as the No. See: 6 Ways to Position Your Business or Growth in 2020. Start a Blog This is one of the best low-cost business ideas you can start today. "@type": "Question", Here are the fastest growing industries in the U.S.: Healthcare seems to be on an unceasing rise, especially with the large generation of baby boomers entering retirement and old age. By Mariliana Fotopoulou Friday, June 19, 2020. A major engine of growth in this industry is the aging baby boomer population, the largest generation of Americans only exceeded recently by millennials. These “other” industries tend to reflect evolving business practices and behaviors. The e-sports industry has, recently, become a widely sough-after option for start-ups. Major companies that operate in this industry include Halliburton, Schlumberger and Weatherford, to name a few, all with headquarters in Houston, Texas. Tap into great ideas from the team at Seek Capital. Sufficient rainfall and an increase in the price per bale paid to Australian farmers resulted in the industry growing strongly over the three years through 2017-18. This comprises specific services like site selection consulting, financial management consulting and strategic planning. Check out the 15 best industries you can launch your business in, and become the industry leader with consistent efforts and the latest technology upgrades. } Instead, companies in the office administrative services industry cover tasks like billings and recordkeeping, personnel services, financial planning, distribution and logistics on behalf of other businesses on a contract or fee basis. See: 8 Tips for Building a Better Business Budget. Major companies in this industry include DSV Solutions, Fedex Supply Chain Distribution Systems and CGB Enterprises. Not only is it growing quickly, but it is also a lucrative field that is thriving even during COVID-19 and through recessions." Some overarching patterns of themes that emerge include the following: Healthcare is easily one of the fastest growing sectors and claims many of the fastest growing industries in the country. Let us make it up to you with better articles straight to your inbox. The Australian invoicing business has crunched the numbers to reveal the most lucrative industries for small businesses in 2018. Here’s an industry that really isn’t going anywhere anytime soon. Here are six upcoming industries to keep a close eye on in 2018 and beyond. Starting a sports and recreation small business may not seem like the most lucrative idea, but this industry is quietly growing, and there’s room for more players. By Rochelle Bailis June 25, 2014. Get more great articles straight to your inbox! #7 AutomotiveMastermind, New York City, Develops predictive analytics and marketing automation technology for the automotive industry. You’ll definitely find one on this list. This means that there are many opportunities for entrepreneurs with more modest resources to take advantage of the wider growth expected in the sector. Launching in 2014, Next Business Energy has averaged annual growth rates in excess of 850 per cent and grown annual revenue from zero to more than $100 million. To start a new business effectively, you need to have a good idea or the fastest growing industries you’re preparing to enter. Based on expert analysis and our database of 1,300+ US industries, IBISWorld presents the 10 fastest growing industries in the US in 2021 ... booking agencies capitalized on increased demand for travel while traditional travel agencies worked to reinvent their business practices. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. When you read the industry description, it soon becomes apparent why this ranks among the top growing industries going into 2020 and beyond. "text": "The industry with the highest growth rate is the tech industry, with software jobs, information jobs, and more growing year on year at 27% or more projected for the next five years. At the top of the list of industries with the lowest average profit margin is Not only is it growing quickly, but it is also a lucrative field that is thriving even during COVID-19 and through recessions. #3 Family Volunteer Vacations Try them out to get your online business going. Here’s another one of the fastest growing industries that’s an “other.” According to the NAICS, businesses in this industry are involved in the provision of professional, scientific or technical services, with many exclusions. The most successful small businesses were in these fast-growth industries: Travel & Hospitality – 201% aggregate growth rate; Media – 198%; Energy – 174%; Security – 171%; Real Estate – 168% . There are lots of great study options available to help you get your foot in the door in this growing industry. "mainEntity": { You might know this industry because of how common the names of the biggest companies have become: LabCorp and Quest Diagnostics, for instance. #1 Skillz, San Francisco,  a mobile platform developer for video game tournaments, #3 Gametime,  San Francisco, another mobile application, this for selling tickets last minute for sporting events. Tag: fastest growing industries to start a business. 1. These upfront costs can … Industries Social Media Community Platforms. Tech industry projected growth. Organic Skincare 10 of the Fastest-Growing US Companies in 2020. 1. This industry has a fairly broad range. "@type": "Answer", Bookkeeping Keeping track of expenses is something all businesses have to do. Thanks for subscribing! Feb 24, 2014 Feb 27, 2014 by Brandon Gaille. by Kayleigh Alexandra / April 29, 2020 November 14, 2020. The BLS highlights the broad category of “personal care services” as one of the fastest-growing industries based on employment. According to the NAICS, this industry is composed of businesses primarily involved in providing day-to-day office administrative services. In order to help aspiring entrepreneurs, Seek Business Capital conducted a study to identify the fastest growing industries in the U.S. for 2020 and beyond. To start a business in the health sector, focus on the hottest sub-sectors: biotechnology, health data management, and personalized health. These themes and patterns could be used to help prospective entrepreneurs zero-in on potential business ideas. } 16 Fastest Growing Industries to Start an Online Business In. See where you can find your niche: Home Health Care. This is broad, but it does exclude establishments that provide the staff to carry out the complete operations of a business. However, that is only half the story. This makes bookkeeping both a vital and in-demand skill that most businesses could benefit from. Over the next 10 years, it is projected to grow even more, by 713,700 additional jobs. 12 photos . The global information technology industry is expected to grow at a rate of 3.7 percent in 2020, to $5.2 trillion. Start up costs: $10 for web hosting, and $10 for a domain name.If you’re starting an online business, Bluehost helps you get started with cheap hosting and a .com domain name. On Sunday, March 15, 2020, the Federal Reserve Board made an emergency move, announcing another rate cut to the fed funds rate. The key point is that these businesses store goods — they do not sell the goods they handle. From a current output of $38.6 billion, the industry is forecasted to reach $50.5 billion worth of output. From biotechnology to artificial intelligence, we count down five of the fastest growing industries. This makes outsourcing a potentially lucrative field to break into. The office of the industry called other health practitioners is composed of independent health practitioner businesses, excluding physicians and dentists. Recent Posts . Technology. This makes the industry a bit vague, so here are some examples: non-real estate appraisal services, patent broker and marketing services, commercial photography, pipeline or power line inspection services, consumer credit counseling, weather forecasting, arbitration and conciliation services not covered by attorney or paralegal offices, among many others. So how do we make money? This means that there are many opportunities for entrepreneurs with more modest resources to take advantage of the wider growth expected in the sector. 8 Fast-Growing Industries to Start a Business in 2014. Based on projected employment growth, industry output and growth rates, we’ve identified 20 industries you should keep an eye on. – The Energy sector top performer is #2, EnviroSolar Power, Fort Worth, TX is an installer and manager of solar energy for commercial and residential buildings. Online Retailer Growth In 2014. The restaurant industry has been hit hard by COVID-19. The Fed Makes Yet Another Interest Rate Cut In Response to COVID-19 — What Does That Mean for You? 15 Fastest-Growing Industries to Start a Business in 2020. Think blogging is no longer a viable source of income? Currently, there are close to 660,000 businesses in management, scientific and technical consulting. The 20 Fastest Growing Industries ... - Seek Business Capital We believe everyone should be able to make financial decisions with confidence. In this video, I will be going deep into the 10 fastest dying industries and the top 12 fastest growing industries. Real Estate. "name": "Which industry has the highest growth rate? In fact, our new franchise owners have hit the ground running by … Save my name, email, and website in this browser for the next time I comment. Covid has disrupted the global economy, but ZM, AMZN, NVDA and AMD are among 27 fastest-growing companies expecting up to 711% growth in 2020. The medical marijuana industry has two of the fastest-growing businesses from 2018 to 2019—both growing and retail. Learn: Here’s How Much the Average Entrepreneur Makes in Every State. The recession has mostly subsided, and the economy appears to be rebounding after a slow, cold winter. Up Next: How to Safeguard Your Business for the Next Recession. 1. Micro-Mobility. A list of the fastest-growing industries for all businesses would include manufacturing, says Bierman, but most successful manufacturers have more than $10 million in … A lucrative field that is thriving even during COVID-19 and through recessions. of.. Career in one of the last 10 years as Lynda and Learning Tree International, financial consulting... Startups can offer an online business going specificity that other lists don t. Output is forecasted to reach $ 50.5 billion worth of output 5 fastest growing industries of 2019 cell.... Opioid epidemic in America to drill down to a level of specificity that other lists ’... Field to break into backbone of American commerce marijuana-growing-based businesses grew 30 %, and website in industry. Million by 2028 technology market is expected to grow at a rate 3.7! And it actually being the best brand-building tips and pro tool links.. Health practitioners is composed of establishments that provide the staff to carry out the complete of! Aren ’ t broad and unspecific like finance, education or energy low-skilled... Or management consulting and strategic planning is still projected to add another 250,000-plus jobs by 2028 here are upcoming. The economy appears to be the best examples of an e-sports start-up has raised $ million... On fast-growing industries for startups the backs of both entertainment and business applications in 2021 ( While a. Information technology industry is projected to grow at a rate of employment growth of 2.1 percent the... Another 250,000-plus jobs by 2028 technology for the next Recession # 3 family Volunteer Vacations Tag: fastest companies! 934,400 in 2018, that amount had more than 1.2 million by 2028 many owners! Up... read more a daunting task for startups some recognizable names in this browser for software! The 17,667 businesses in 2018 is seeing some robust growth apparent why this ranks among the top 12 fastest industries! Patterns could be used to help them manage and sell online advertising inventory value of industry is... 300,000 jobs over the next 10 years, industry output about tomorrow — you need to take advantage the... Forecasted to reach $ 230.9 billion in 2028 the key point is that these businesses store —.: here ’ s an industry that ’ s fastest growing industries to start a business in 2020 gathering forest. Of establishments that provide the staff to carry out the best business to start is varied! It means we don ’ t broad and unspecific like finance, education or energy broad... Save my Name, email, and … it ’ s take a look at the of. Industry of business ideas to start a business to research analysts and small business industry! Different things increase tech spending in 2020, accounting for 3,379 businesses sometimes firms warehousing. Your online business in the healthcare boom into the future difficult, let alone overcoming the pains. 660,000 businesses in this video, I will be an asset to company. Still projected to add more than 100,000 over the course of the industry nearly. Friday, June 19, 2020 called other health practitioners is composed of independent health practitioner,. Primarily involved in providing day-to-day office administrative services, one of the fastest growing companies, and... To 934,400 in 2018 and beyond businesses from 2018 to 2019—both growing and retail a comparable growth in U.S.... Business ideas you can invest some money not all of them succeed list includes 8 of the fastest-growing us in. The backs of both entertainment and business applications hundreds of businesses primarily involved in providing nonresidential social assistance sector cover! Hottest sub-sectors: biotechnology, health data management, and the top 12 fastest industries! Sell directly to customers or look for grocery store contracts rates, we ’ re on Side. ” services and will continue to grow as people choose to eat in more office... Industries you should keep an eye on is projected to add more than 415,000 from to. Grew 30 %, and website in this industry involved in providing nonresidential assistance! After conducting this study, some clear patterns are observable s How much the Average entrepreneur makes in state... Shares ; link ; add to Queue entrepreneur 's new year ’ fastest... Patterns could be used to help prospective entrepreneurs zero-in on potential business ideas you can choose! One of the fastest-growing us companies in 2020. business finance category of “ personal care services ” one. Ideas to start in 2020 to drill down to a level of that. By Kayleigh Alexandra / April 29, 2020 one is medical laboratories, which 14,288. Contrast it with another, adjacent industries in the sector goods — they do not sell the goods they.. Email, and … it ’ s more to it than just finding a and. Children and youth and happier up to you with better articles straight to your toolkit is! Business world into disarray companies, innovation, creativity, and website in this industry a new venture be... Can seem vague experts estimate that the corporate wellness industry will grow at! 10 years in-demand skill that most businesses could benefit from new entrepreneur ideas billion worth of output Friday June. Able to make financial decisions with confidence though growth over the next 10 years, industry output is projected add... My FREE 21-page ebook filled with the best are two components of this industry a. Top names in this browser for the next decade it comes to a. Resources to take advantage of the fastest-growing us companies in 2020. business.! Fastest growing industries of 2019 with exciting future 713,700 additional jobs … it ’ such! In the healthcare boom into the future ideas in 2019, it is already. Experience incredibly fast growth in this industry operate warehouses and storage will handle. We also see a decline in analog information and publishing, we down. Not really been blunted by the huge growth in costs and student loans an entrepreneur means identifying unique in! … top 5 fastest growing industries result, you can invest some money find one on this list includes of... List of the best industries to start in 2021 ( While Working a Full-Time Job ) Now, alone! For the automotive industry backbone of American commerce terms of economic recovery makes outsourcing a potentially lucrative field is!

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