Which industry is going to be the next big thing? Where will the jobs of the future be? What can I do right now to succeed tomorrow?
Artificial Intelligence: Artificial Intelligence – be it for better or worse – is the next frontier, with AI technology improving in leaps and bounds over the last few years, and expected to evolve even more rapidly in 2017 and beyond.
Tech companies like Google and Microsoft are investing heavily into AI, with the industry projected to be worth an eye-watering $70 billion by 2020!
Drones: The drone industry is set to boom by 6,000% by the end of the decade. Drones are making the exciting transition from geek novelty item to the indispensable business tool, with the industry predicted to contribute over US$127 billion to the economy by 2020.
Virtual reality: As the gaming industry’s most ridiculed console, the Virtual Boy was Nintendo’s disastrous foray into virtual reality (VR) back in the ‘90s.
Wearables: Despite attrition being a real issue for the industry, the wearables market is experiencing exponential growth. Estimated to be worth $14 billion at present, the wearables industry is expected to grow to a staggering $34 billion by 2020.
Mobile payments: Imagine walking into a grocery store where there are no cashiers, no queues and no fumbling for your credit card. In 2015, the total value of transactions made in the US by tapping a phone or an in-store terminal was $8.7 billion. By 2019, e-Marketer estimated it will reach $210 billion.
Cryptocurrencies: Chances are you’ve probably heard of Bitcoin, right? It’s that virtual currency that you wish you bought back in 2009 – the brainchild of the Winklevoss brothers (the twins who claim Facebook was originally their idea).