Growing Industries That You Need to Be Watching in 2019
By Space Coast Daily // November 28, 2019
2018 was a chaotic year, to say the least. There were so many trade wars and tariffs, not to mention that the unprecedented merger activity also caused a tumble in certain stock markets too.
A lot of people wonder if the trade tension with China is ever going to ease, or if the lax approach is going to contribute to even more distrust.
Either way, 2019 looks to be helping some industries come out on top. If you want to know which ones they are, then take a look below.
The IOT has brought about a lot of industry growth. Automated devices are growing more than ever, and even more suppliers are hitting the market.
Lucrative deals are now being imposed to try and help start-ups who want to focus on smart or industry-leading technology.
When you combine this with the fact that customers are showing more and more enthusiasm you will soon see that the industry as a whole is going to benefit.
Casinos are also experiencing a bump in their growth. The main reason for this is because of the internet and how gambling rules are being changed across the world.
In fact, when you look at the casino UK market alone, you will soon see that it has grown considerably and that it is also attracting new types of players.
Another industry that is growing is that of cannabis consumables. The legalization of marijuana is no longer just present on the West Coast. It’s a booming industry and it’s attracting some serious investors as well.
Companies are being drawn to the customer interest, and the fact that laws are being chipped away is helping the industry even more. This is remarkable to say the least, especially when you look at the fact that marijuana was once entirely banned.
The battery market has been boosted because of the emergence of new applications. When you couple this with the rapid decrease over the last decade you will also see that this has jolted a mature market.
The main reason for this is because new machinery is coming out that is entirely battery reliant and people are using more devices when they are on the go as well. This is again, boosting the need for batteries and this is incredible to say the least.
There are so many buses that have opted for hybrid modifications. There are also more and more electric vehicles that are being released as well.
A lot of this comes down to the concern over climate change. Mass transit agencies are trying to adopt before it becomes too late and they are also trying to reduce their footprint overall.
The cash that is funding them is also coming from more places, as more and more people are trying to make a positive change to the world. If you are an investor, then this is certainly the market you should be looking at.