4 Industries To Invest In In 2019
The first four months of 2019 have already been exciting, and we’ve seen a lot of improvements in industries across the globe. If you’re currently considering investing in an existing business, considering starting your own company, or purely just interested in investing in the stock markets, it can be wise to stay ahead of the trends. To help you out, we have listed four of the most promising industries to consider investing in this year.
1. Fintech
Fintech made massive progress in 2018, and this is only set to continue throughout 2019. Almost $60 billion was invested in the industry during the first 6 months of 2018, which was a huge increase on the $38 billion invested during 2017. Plus, there are a lot of interesting startups in the fintech industry with artificial intelligence, blockchain and mobile banking all taking the lead. This phenomenal growth rate is set to continue, making Fintech a fantastic industry to invest in.
2. Robotics
Robotics is another industry to keep an eye on this year. Not to be confused with artificial intelligence, this industry focuses on the design, manufacture and application of robots that can be used to complete previously human automated tasks without requiring a need to “think” for themselves. The robot revolution is expected to completely transform the world over the next two decades, especially as a larger need for automation becomes apparent across growth industries.
3. Events
While digital marketing has now overtaken traditional marketing, a lot of companies, both large and small, still understand the need to make connections with people on a personal basis. One of the ways they do this is through events. Thus, it makes sense that the events industry is still a good one to invest in in 2019. From starting your own company to partnering with another, there are lots of options available to you, but one thing that is seeing increased interest is commercial inflatables. Ideal for party rentals and team building events, these can set you a step ahead of the competition.
4. Cybersecurity
While cybersecurity has always been important, the need for it is becoming even more apparent as most businesses look to build an online presence. In addition, governments around the world have started to hold companies responsible for data breaches. With this now being a part of the law in most Western countries, companies are having to step up their cybersecurity efforts to ensure customer data is protected at all times. This has led to an increased need for cybersecurity with the market expected to increase by 10% each year until 2025. It is unlikely that this industry will ever go away.
If you have the money to invest, it is well worth considering one of the four industries described above. Other industries that are worth looking into include marijuana, artificial intelligence, and healthcare, all of which are also seeing massive growth thanks to technology and changes in laws. It will certainly be exciting to see what the future holds.
Note: This article originally appeared at EconMatters.com. The views and opinions expressed herein are the author’s own, and do not necessarily reflect those of EconMatters.
Category: Stocks
