Fastest Growing Businesses Outlook for 2019

The new year is upon us, full of possibility and promise for the employed population, as well as aspiring entrepreneurs. From ecommerce to healthcare to technology, many industries are seeing rapid sales and job growth. Here are some of the top industry and business growth trends that we expect in 2019.

IT & Computer Systems Design

Technology has become a staple of daily life as well as business operations. And as businesses grow, these is a correlating increasing demand to innovate, build, and test new software programs. This has already lead to a growing demand for IT infrastructure jobs and computer systems design. According to MSN.com, the IT and computer systems industry has an expected “15% rise in employment from 2012 to 2022.”

If you have been wanting to explore IT or computer science as a career path, there’s no better time than right now, as the demand for these jobs will only increase well into the future.

Ecommerce

Ecommerce is one of the most rapidly growing industries in the entire world. Not only are traditional brick and mortar businesses migrating their stores to online platforms, but it’s also easier than ever for individuals to start their own online ecommerce businesses, with the help of platforms like Shopify.

We’ve seen major players in the world shift from big tech companies or big money companies to big ecommerce companies (usually partnered with tech). Amazon is the new retail giant, and continues to innovate through online services like Amazon Prime, Amazon Prime video, and more. Plus, their innovations to delivery (including same day delivery through Amazon Prime) have totally changed the game for customers. Customers have come to expect outstanding customer service, timely delivery, and major customization.

And other retailers are catching onto this trend too, offering highly customizable products with speedy delivery. One such example is Firmoo, one of the most popular online eyeglasses stores. Founded in 2009, Firmoo originated with the goal of providing high-quality glasses at highly affordable prices. It’s their personal belief that glasses should be “affordable but never cheap!”


Source: https://www.firmoo.com/z/aboutus.html

Ecommerce retailers like Firmoo have found the value of offering highly customizable products online, and delivering them with exemplary levels of customer service. This trend is only going to increase into 2019 and beyond. If you’re looking for a new job in 2019, consider jumping onboard with a retail ecommerce company – just make sure they prioritize customer service, otherwise they won’t be able to keep up with today’s retail giants.

If you want to start your own ecommerce business, there’s no time like the present! You can even get started setting up a Shopify store in under an hour for minimal costs, if you already have a product you believe you can sell online. Just make sure you avoid these common Shopify mistakes to accelerate your path to success.

Professional Services

We truly live in the age of the entrepreneur. With the power of the Internet, it’s easier than ever for someone to start and market their own business online. This is part of the reason why professional services are one of the most highly forecasted growth industries for 2019.

“Professional services” includes a good vary of companies, like accounting, advertising, consulting, photography, legal recommendation, and more. If you need further proof: these types of services also saw a 13% growth in sales in 2016, and that number is only going to increase in 2019. Just think of all the people you know that operate their own businesses – and imagine this number doubling in the next few years.

Civil Engineering Construction

As the population grows, people will continue to seek out places to live and work, which means that civil engineering and city planning are going to trend upwards as industries in the next several years. This civil engineering sub-industry of construction, which includes building highways, dams, infrastructure, and many other aspects of where people live and work, saw a 13% sales growth in 2016.

In general, many construction and contracting jobs can expect to increase in 2019 and beyond. The demand for this work is due to the building construction boom – there are more new homes being constructed in the U.S. than ever before.

In addition, many investors are getting into the high-occupancy rental space – building multi-unit properties to rent out to tenants as a way of investing. This strategy has gained major traction in recent years, which is another trend that will keep construction and contracting employees secure in 2019.

Tech & Gaming

Artificial intelligence and virtual reality are leading the charge in the growth of the tech and gaming industry. The VR industry has an expected compounded annual growth rate of 54.84% between 2018 and 2023.

The use of VR and AI reaches beyond gaming into many aspects of tech, including healthcare, education, entertainment, and so much more. We are in the midst of a tech race to see who can develop the most impressive and useful augmented reality tech, which is going to pad this industry in investment money for many years to come.

As you can see, there are many industries that are on the rise heading in 2019, and this is just the start. From tech to construction to ecommerce, there are so many industries with bright futures. If you’re currently in the job market (or looking to start your own business), jump on one of these industry trains today, and reap the benefits down the road.

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