7 Hot Industries To Invest In This Decade
The new decade is well underway – and with it comes boundless opportunities to invest and make serious returns within the next five years or less!
We at CDM have put our heads together and researched the 7 hottest industries that are tipped to make investors big bucks very, very soon…
Just two years ago in 2018, the global market for robotics was worth an estimated $38.1 billion. Research by the BCC now predicts that this market will grow to a staggering $64.0 billion by 2023, indicating a compound annual growth rate (CAGR) of 10.9%!
Tesla’s overall sales dropped 39% in the U.S during the third quarter of last year, but the company is still seeing steady growth on its “services and other” revenue, which includes the sales of used cars. Interestingly, Tesla CEO Elon Musk recently tweeted to customers and prospective buyers that Teslas products, unlike other makes and models, will actually appreciate in value as they age, thanks to “full self-driving” hardware and software updates that he has promised to deliver by the end 2020. Musk later tweeted that self-driving Tesla vehicles should be worth $100,000 to $200,000.
The global blockchain technology market size is expected to reach $57,641.3 million by as soon as 2025, registering a CAGR of 69.4% from 2019 to 2025! The major drivers behind this rapid growth is the growing interest of the banking, financial services and insurance (BFSI) sector, and the increasing number of merchants and online businesses now accepting various cryptocurrency transactions, among others. Ethereum, Stellar, and of course Bitcoin are the ones to keep an eye on…
The eSports and gaming industry are expected to grow rapidly in the coming decade. In 2017 alone, worldwide revenues generated in the eSports market amounted to 655 million U.S. dollars. At the pace of 22.3 percent CAGR, the gaming market is anticipated to generate close to 1.8 billion U.S. dollars in revenue by 2022.
Two years ago, the global fintech market was valued at somewhere around $127.65 billion. By 2022, this industry is expected to grow to $309.91 billion at an annual growth rate of roughly 24.7%. Growth in the digital payments sector is driving the market for Fintech, which has made paying for goods and services faster, easier, more convenient, and much more cost-efficient for customers. Customers can now pay for a high number of goods and services via cryptocurrency, loyalty points, and other digital cash alternatives.
According to recent research by Orbis, the worldwide eLearning market is on track to surpass the $275 billion mark by 2022. That’s an impressive jump from it’s 2015 valuation of just over $165 billion. The E-learning industry is predicted to grow at over 7.5% CAGR during the 2015-2022 time frame, largely thanks to it’s low cost, accessibility, and the now proven effectiveness of visual, animated learning.
The legal marijuana market had an estimated value of around $13.8 billion back in 2018. This is predicted to grow at a CAGR of 23.9% by 2025. The medicinal drug experiencing more legalization in a growing number of countries is what really seems to be driving the market. Furthermore, increased acceptance of cannabis as a medicinal remedy for treating conditions such as Parkinson’s disease, cancer, arthritis, and neurological disorders is also expected to encourage further growth and create high demand in the near future.