Every year businesses are hoping to jump on board the latest trends and keep up to date with global shifts in spending in hopes to keep their business expanding. However, it can be hard to know just how to cater to the new year of shoppers, as industries evolve and new technologies are created daily to meet consumer demand.
There are a few industries which we can expect might be in favour in 2019, such as technology and online businesses, which we have seen go from strength to strength over the last few years. But what other industries are set to skyrocket into the limelight this year? Find out what the fastest growing industries are predicted to be this year and stay ahead of the game, whether you want to cater your business to the latest trends or get your foot in the door at a company you know will stand the test of time.
1. Internet and Technology Industries
According to Industry Insider, two of the fastest growing industries of 2019 are Internet Publishing and Broadcasting, and E-commerce and Online Auctions. This may not be a surprising revelation as every year the online world continues to expand, and an increasing number of businesses are taking advantage of the Internet as a means to increase their profits. If you are looking to get into a future-proof career, then finding a role within an online business could be just what you need; whether you want to work your way up an already-established company or help build a small online business up from the ground.
Marketing and Advertising
If you have experience and knowledge within the marketing and advertising world, then you can always transfer your skills into the online world. Now more than ever, many businesses need help getting their business out there and trying to reach more customers online. The main difference between online marketing and advertising, however, is making sure you stay up to date with recent developments, such as social media advertising and SEO techniques.
Smart Tech Devices
Moving on from the traditional online business sector, another fast-growing industry is the “Smart Device” manufacturing. From Siri to Alexa, every year there are new developments to make our lives easier with the help of more advanced technology. Whether you are a tech-savvy expert who can help with the ins and outs of working smart technology, or a creative designer who can see a gap in the market, there is sure to be roles for you.
2. Care and Elderly Support Services
Other increasing industries which may be more surprising, however, include home care services and elderly and disabled services, due to the ageing population and therefore an increased need for care services. According to NHS Digital, since 2015-16 the need for adult social care workers has increased by 1.6% in 2017-18. Within the adult care sector, there are a variety of roles needed including carers in care homes and in the community, support workers, respite carers, transport assistants and more. This challenging career may not always pay the most, but people helping will always be a valued and rewarding career to have.
3. Media, Music and Entertainment
The media and entertainment industry in the UK is set to skyrocket over the next few years, with predictions of it growing a huge £8 billion by 2022 according to Consultancy.uk. One of the key areas of growth is said to be the VR industry, with the world of virtual reality already making huge advances in just the past four years. As well as VR, internet advertising and digital music streaming are on the increase, with a huge 18% predicted to increase by 2022. Entertainment is often big business, and with people having greater access to an even wider range of entertainment at their fingertips, it’s easier than ever to boost sales and expand your entertainment business online.
4. High-Tech Transportation and Solar Power
From self-driving cars to eco-friendly vehicles, the world of high-tech transport is set to boom in 2019. With global fears over the impact our CO2 emissions have on the environment, there is a lot of pressure and incentive to create more eco-friendly transport, and due to high numbers of road accidents, safer vehicles are in high demand. According to Next Green Car, electric vehicles have increased from 3,500 in 2013 to a whopping 195,000 by February 2019, with a great increase in hybrid car manufacturers across the country. Following on from the rise in eco-friendly products, solar panels and solar power products are also on the rise, providing a cost-effective, energy saving and environmentally friendly way of living.
5. Ethnic Meals and Plant-Based Foods
If you are interested in expanding your food business or looking to get into a catering career which will stand the test of time, then ethnic foods and plant-based foods are continuing to grow year on year. With a greater interest in exploring foods from around the world, foodies are looking to expand their pallet and find new tastes from across the globe, so trying dishes from other cultures is a great idea. As well as an increased interest in ethnic dishes, plant-based foods are on the rise also. With vegetarian and vegan diets increasing, the demand for meat-free meals has increased by a huge 987% in 2017, with veganism being the biggest trend of 2018 according to The Vegan Society. With increased awareness of the ethical, environmental and health benefits of these dietary choices, it doesn’t appear that this trend will disappear anytime soon.