Top 10 industries of the future

VOIP – or more popularly known as Voice over Internet Protocol is referred to as a communication protocols involved in the delivery of voice communications and multimedia sessions over Internet Protocol (IP) networks. Researchers say that revenue and subscriber rates in the VOIP industry have grown exponentially in the last couple of years.

Top Players – Skype, Rebtel & Vonage

Wind Power – Wind power is the conversion of wind energy into a useful form of energy, it involves using wind turbines to make electricity, mechanical power and water pumping or drainage. Apparently, the demand for wind power generation has been increasing everyday and at rapid rate.

Top players – Vestas, GE Energy & Enercon

E-Commerce – It is the act of buying and selling of products or services over electronic systems such as the Internet and other computer networks. People are now opting for ecommerce and online platforms to buy and sell products. The shopper’s mindset is gradually changing. They feel more comfortable and secured buying and selling items and products online.

Top players – Amazon, eBay & Staples

Environmental Consulting – Also known as compliance consulting, in which the consultant ensures that the client (a business) maintains an appropriate measure of compliance with environmental regulations. Environmental Consulting is further divided into many divisions: Contaminated Land, Energy, Geotechnical, Green Claims, Impact Assessment & Flood Risk.

Top players: URS Corporation, CH2M Hill and Arcadis

Mobile application development – is the process by which application software is developed for low-power handheld devices, such as personal digital assistants, enterprise digital assistants or mobile phones. With the coming of the digital age, mobile apps development has become the most innovative and ever changing industry and offers new possibilities to explore in the future.

Top players: Y Media Labs, Applico and Raizlabs

Biotechnology – sometimes shortened to “biotech”, this concept encompasses the use of living systems and organisms to develop or make useful products, usually seen in agriculture, food production and medicine production. Modern use of biotechnology includes genetic engineering as well as cell and tissue culture technologies.

Top Players: Amgen, Genentech & Serono

Video Games – The video game industry (also known as interactive entertainment) is the economic sector involved with the design, development, marketing and sales of video games. This is one of the most upcoming and fast growing industries in the current world economy.

Top Players: SEGA, Konami and Nintendo

Solar Power – It is the conversion of sunlight into electricity, either directly using photovoltaics (PV), or indirectly using concentrated solar power (CSP). In the past few years there has been a continuing focus on green energy alternatives such as the solar power sector. Many new and upcoming businesses are switching to solar power; this in turn makes power consumption more environmental friendly.

Top Player: Suntech, First Solar and Sharp Solar

Electronic Publishing – also referred to as ePublishing, includes the digital publication of e-books and electronic articles, and the development of digital libraries and catalogues. It is also becoming common to distribute books, magazines, and newspapers to consumers through tablet reading devices, a market that is growing by millions each year. Market research suggests that half of all magazines and newspaper circulation will be via digital delivery by the end of 2015.

Top players: Apple’s iTunes bookstore and Amazon’s bookstore for Kindle

Administrators & Insurance Claims Adjusters – The demand for Insurance policy is increasing rapidly, particularly within the business-oriented sector, contributing to the need for claims adjustment services. Also, advisory and risk management services will benefit as businesses, insurers and individuals use these services to mitigate risks and hedge liabilities.

Top Players: Infinity Group, Novapro Risk Solutions & Carl Warren & Company

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