7 Industries That Will Grow In 2022

The beginning of the year 2022 has marked the second half of the current academic year, which means that millions of high-school students all around the world have now started thinking about what to do with their futures. And those who are getting ready to graduate from college are now pondering which field they can apply their knowledge and skills in.

The choice of the right career field for you can be highly stressful and filled with doubts. There is no secret that our world is changing at a rapid pace. Industries that were on the rise last year might be entirely out of the game next year. So, if you want to ensure success, you have to choose wisely.

For all students out there who can’t make up their minds, we are here to help! We know that you are pretty busy in school now. But, don’t hesitate to request thesis paper writing by WritePaper right now to save your time and secure academic success. And, use the time you saved to read this article and discover the fastest-growing fields to look at in 2022!

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1.   Technology and Software

We all know that the 21st century is the era of technology—no wonder why the IT industry has remained one of the fastest-growing spheres for many years already. The widely-spreading digitalization has created high demand for technology and software experts in literally every vertical. So, if you need an industry that will give you the most perspectives, that might be it.

Currently, the size of the software market in the US alone has almost reached 300 billion dollars. This field has experienced its highest growth rate during the global pandemic, and it is predicted to get stronger in 2022, when the world will start recovering from Covid-19.

Lastly, students choose this field because it provides plenty of career opportunities for people with various education and skill sets. So, almost anyone can find their place in IT. Overall, EdTech is a good career field that students can consider for themselves.

2.   Healthcare

Since we were just talking about the implications of the global pandemic, we have to mention another industry on its rise because of Covid-19. We are talking about Healthcare.

The size of this market is already huge. According to Verified Market Research, its size in the USA has already crossed the point of $4.1 trillion in 2020, and it is predicted to reach $6.2 trillion in the next 4 to 6 years. Needless to say, it is very promising.

As we mentioned earlier, the global pandemic has triggered an even faster growth of this sphere. The demand for advanced healthcare solutions is now higher than ever before – including the need for mental health professionals, too. So, it is another excellent field to look at if you are hoping to build a successful career.

3.   Banking and Finance

Compared to the IT or Healthcare market, they always have lots of buzz around them; the Banking and Finance sphere seems to be less trending. That’s true. Yet, given the high importance of this industry for individuals and businesses, there is no wonder why it keeps growing steadily for so many years in a row.

From commercial banks to personal finance, the entire banking and finance sector is rapidly adopting innovations, transforming, and, of course, growing. And this tendency is expected to continue in 2022 and many years ahead, too.

Keeping in mind everything that was said earlier, it is fair to say that no matter how the global market turns and changes in the following years, the financial sector will remain on the rise.

1.   Casinos and Online Gambling

We bet that some of you will be surprised to see Casinos and Online Gambling on the same list with such solid and rapidly-growing industries as banking, IT, healthcare, and others. But, it is not at all that surprising if you look deeper into this matter.

The Casino and Online Gambling fields have seen a massive rise over the past several years. This market is showcasing steady revenue growth as more and more countries allow online gambling – and the number of global casinos keeps increasing.

In 2022, this sphere is predicted to get even larger and stronger. It is expected to have demand for a massive number of different specialists. So, this might be another terrific option for you to look at if you want to be future-ready and get a stable, high-paying job.

2.   Data Science and Analytics

Another sector that will be growing in 2022 is Data Science and Analytics. According to the Globe Newswire’s report, the size of this market has reached $231.43 billion in 2021, and it will continue skyrocketing in 2022.

IBM reports that demand for talents in data science and analytics fields is expanding faster than demand for almost any other type of specialist. Every year, this sphere creates hundreds of thousands of new recruitments in the US and even more globally.

Best part? There is demand for data science and analytics experts in basically every industry and vertical. This creates almost unlimited job perspectives for students who are proficient in data science and analytics. So, if you are among them, you should really consider the possibility of building a career in this industry.

3.   Tourism and Hospitality

There is no secret that the market of Tourism and Hospitality has been through its most challenging years during the global pandemic. After the outbreak of Covid-19, when many countries all over the world were integrating various travel restrictions and setting national lockdowns, organizations that work in tourism and hospitality were experiencing a drastic decrease in their revenues. But, these times are about to change.

After a significant drop through 2019 and 2021, the field of Tourism and Hospitality is projected to get back on track in 2022. Thanks to vaccination programs and global borders that continue opening, these fields are expected to start thriving again. Thus, if there is a perfect time to enter this industry, it must be right now.

4.   Online Marketing

Lastly, one more industry that is expected to be on the rise in 2022 is Online Marketing. In fact, the rapid growth of this sphere was also dictated by the global pandemic. During the past few years, most offline businesses have faced tons of challenges, being unable to operate. Due to this reason, many of them were forced to shift online. And this created a massive demand for digital and online marketing specialists.

The size of the global digital marketing field was estimated at $350 billion back in 2020, and now, it is predicted to cross the point of $700 billion by 2026. Apart from the market size, it is also worth noting that this industry’s hiring rate is predicted to increase by 33% in the following years. And these facts alone prove that Digital Marketing is another incredible career field to choose in 2022.

The Bottom Line

In the 21st century, the market is ever-changing and highly dynamic. The trending industries are changing every year, which is why it is now imperative to keep an eye on these changes if you want to survive the competition and succeed in the future.

Hopefully, this article will help all students out there to make up their minds and choose the best industries to enter.

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