Entering in the Western World is an important step forward to growing your business globally. For this reason, SwissTank has always been committed to conduct in-depth market researches in order to outline the new trends and opportunities. Our main purpose is to offer the best market access to our clients, whether they are interested in investment opportunities or in market entry support.
According to our most recent investigation, we have produced a summary of the be most fast-growing industries of this year.
Virtual Reality: The virtual reality market is estimated to reach $1.7 billion in the global market size by the end of 2017, and to increase to $24.5 billion in 2020.
Based on the industry’s current strength and projected future growth, it looks like a good investment for 2017.
Video Games: Virtual reality (VR) is impacting the video game industry directly now that it has spread to mass audiences. With the introduction of the first high-end, consumer-ready VR headsets from Oculus, Sony and HTC, video games will likely undergo trough another revolution. Ongoing technological innovations and new industry ideas are the drivers which are creating more opportunities for advertisers to make money from video games through multiple revenue channels.
Elderly Healthcare Services: At-home healthcare might be the new gold rush in the U.S. The Bureau of Labor Statistics (BLS) predicts that the number of people employed in home healthcare services will increase by 60 percent from 1.2 million people in 2014 to 2 billion by 2024. Investing in home healthcare services is a sound plan because baby boomers, who represent a large segment of the population, are getting old. The American population over 65 years old will double by 2050, and more than two-thirds of that population — or 84 million people — will likely require long-term care, according to the Census Bureau.
Physical Therapy: There are more than 100,000 physical therapy practices in the U.S. today, and successful practices can earn profits as high as almost 11 percent, according to Viking Mergers and Acquisitions. With the U.S. population ageing and becoming more sedentary, good returns are likely to be had on investments in the physical therapy arena.
Apart from the above services, other fast-growing industries worth investing in are biotechnology, drones, green energy, new water treatment technologies and IoT solutions. Among this latter the most relevant subgroups and themes are the smart home, the remote healthcare, digital signage, telematic devices for insurance and connected vehicles. If you are looking for ways to gain access to Western technologies, brands, market or opportunities, this is the perfect year to start.
Author: Seerat Kaur
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