With the ongoing Covid-19 pandemic causing severe disruptions to life since early 2020, many workers, students, and employers have had to rethink their approach to work. In this scenario, there’s a paradigm shift that is taking place in the way people think of their career growth.
At the same time, the human mind is more innovative now than ever before, with overall productivity poised to leap manifold due to the prevalence of exciting technological advances such as Artificial Intelligence, 5G internet connectivity, and many more. Let’s look at four industries that will boom in the upcoming decade.
1) Healthcare
The healthcare industry is gaining importance with a huge demand for experienced healthcare professionals at various experience levels.
Some of the many reasons for a boom in this industry are improved medical research and care, an increase in the aging population, mental health awareness, to name just a few.
Covid-19 has highlighted the shortage of healthcare professionals, and demand for trained medical personnel has shot through the roof. Even after the pandemic ends, healthcare is an industry that is expected to reach nearly $6 trillion by 2027.
If you’re looking to pursue a career in the healthcare industry, you must consider getting a formal degree, gather relevant experience, and consider going in for intensive clinical training.
2) Management consultancy
The management consultancy industry has grown steadily in the past decade and is expected to keep growing.
A management consultant provides business assistance and gives salient advice on organizational and strategic planning, budgeting and financial planning, human resource, marketing, and much more.A job as a management consultant job is one of the highest paying jobs globally.
To have a successful management consultancy career, you need to stay up-to-date on the latest industry trends and news. You should also participate in related events so that you can network with leaders in this field.
Last but not least, you should keep your resume updated at all times to avail opportunities in this field. Consider opting for writing services for resumes to create an impressive curriculum vitae to help you get your dream job in this field.
3) Food & Nutrition
Over the last few years, the food industry has embraced sustainability and healthy living. In the future, consumers are likely to buy more from brands that offer them nutritious and healthy food while taking into account ethical and environmental concerns in food manufacturing.
One can expect a more significant number of jobs to be generated in this industry due to this increased focus on sustainability and efforts to mitigate the environmental impacts of food and agriculture.
4) Renewable energy
In 2021, the effects of global warming have become only too evident across the world. Greenhouse gas emissions are causing extreme weather events that are causing massive disruption to people globally.
As a direct result of this, there is now a global interest in increased usage of renewable energy, resulting in this industry being one of the primary industries that will boom in the upcoming decade.
Furthermore, plummeting costs have been a significant factor in the boom in renewable energy in the past decade. As an example, the cost of solar photovoltaic electricity has fallen by 85% since 2010.
Also, the costs of both offshore and onshore wind electricity have gone down by around 50%. It is heartening to note that at this point in time, renewable sources of electricity are cost-competitive with electricity generated by fossil fuels.
Also, governmental policy support has aided in renewable energy growth, with feed-in tariffs, renewable energy tax subsidies and credits, and competitive auctions helping in spurring deployment and reducing costs.
As such, this particular industry is expected to grow exponentially in the next decade and beyond as humans race to combat the effects of global warming.