LEARN MORE, Based on the expert analysis and our database of 70+ Global industries, IBISWorld presents a list of the Global Fastest Growing Industries by Revenue Growth (%) in 2021. The Fastest Growing Industry In The World Technology is everything. The country’s cell phone market is also the 4th fastest growing in the world at a rate of 50% per year. Additionally, casino openings in other parts of Asia are expected over the five years to 2025. Over the five years to 2020, the center of the Global Casinos and Online Gambling industry has shifted from the United States, specifically Las Vegas and Atlantic City, to China, more specifically, Macau. The 10 Fastest-Growing Companies of 2020. Tourism is one of the world 's fastest growing industries; a dominant source of foreign exchange earning and employment for advancing countries, however it is far more complex due to the social, political, environmental and economic perspectives that interlace. Three industries to watch in the Arab world’s fastest-growing startup ecosystems Startup Genome has named Bahrain and Sharjah among the world’s best places for tech startups to prosper ICT beats agriculture as one of the fastest growing industries in South Africa. Learn More, The Global Deep-Sea, Coastal and Inland Water Transportation industry, which transports cargo and passengers across the world's waterways, has experienced strong growth over most of the five years to 2020. In the business world, ... according to the Inc. 5000 list of the fastest-growing private companies in the U.S. Many of these jobs are unique, exciting, and surprising-- so if you want some inspiration for creating your own small business, then you’ve come to the […] Various forms of healthcare include medicines, hospitals, medical plans, medical kit, health insurance etc.The private and public healthcare both are a big industry in the country. As such, e-commerce is one of the fastest-growing industries in the world right now. And I hope you found this useful. By using databases, networks, hardware, firewalls and encryption, cyber security teams can ensure that systems run smoothly, block intruders and stop any information or money from being stolen. Estimated to reach $196 billion in revenue by 2022, it is now considered to be one of the fastest growing industries … Learn More, Over the five years to 2020, revenue for the Global Automobile Engine and Parts Manufacturing industry, which produces motor vehicle engines and other engine parts such as valves, crankshafts, camshafts, fuel injectors and pistons, is expected to fall at an annualized rate of 0.1% to $276.7 billion. Global tourist arrivals were steadily increasing between 2015 and 2019 until a drastic drop in 2020 due to the global spread of COVID-19 (coronavirus). The market created throug… Solar and wind power are becoming cheaper in recent years as more countries and companies are supporting the industry. 1 – Renewable energy As people and businesses turn online for their data and finances, so do cyber thieves. Updated Jan 15, 2021 | 12:40 IST Bengaluru aced the list for global hubs of growth for venture capital which also featured London, Munich, Berlin and Paris and Mumbai. Bhutan – 11.1% ; Located between China and India, Bhutan’s mountainous terrain makes it difficult to build infrastructure, such as roads and pipelines. Learn More, The Global Commercial Aircraft Manufacturing industry is expected to decline over the five years to 2020. Top Fastest Growing Sectors in India – An Indian economy is a place where millions of industries. Moreover, biotechnology can cure genetic diseases by manipulating genes, improving the quality of countless people’s lives. 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