What is the primary opportunity that exists fro startups in emerging industry
Answers
Successful startups are difficult to achieve, so how do we improve the odds of getting traction and picking the right industry to launch a business in, one that won't be overtaken by robots (unless the startup is about building robots) or one that won't require a major pivot?
Well, help just arrived in the form of a new report from small business financial solutions company Fundera. The company analyzed a mixture of data from the Bureau of Labor Statistics and investment and market research firms to create a top 10 list of industries that will "likely be around a decade from now, growing fast, and generating strong profits."
Note that these aren't the biggest industries, just the fastest growing, most lucrative ones. The list (which follows) includes industries with forecasted growth rates between 118 and 135 percent and a projected 10-year stock growth rate between 56 and 296 percent.