Top 5 Rapidly Growing Industries Worldwide in 2017: Market Drivers, Opportunities and Risks

Market Research Hub (MRH) has included the latest Forecast report titled “Top 5 Global Growth Industries in 2017 - Examining the market drivers, opportunities and risks”, to its vast database. In this report, we examine some of the most rapidly growing industries globally including the construction industry, cloud computing, online retail, the marijuana industry and music streaming industries to look at why they are growing so quickly and what issues are emerging that might affect these industries’ long-term prospects.

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In the world economy, the forces of growth and prosperity are complex and ever-changing. New engines of growth emerge and decline rapidly and pinpointing their trajectory and long-term relevance can be elusive. The catalysts of change can be fundamental factors such an emerging technology, the needs of the global population, a change in regulation or a new method of monetization.
Key Highlights
- The global construction industry has had a difficult period in recent years, after the global recession in 2007, the industry was directly affected by a huge drop in available investment from banks and financial institutions. It has become increasingly evident through those financial institutions have regained their confidence in the industry and such have been backing big projects.
- Once dismissed as a fad which, whilst appearing to have the qualities of revolutionary change, would fade with time as so many others have done, has morphed to become the catalyst for change across much of the economy early proponents promised.
- Even in mature economies which have enjoyed the benefits of online retail shopping since its inception in the 1990s continue to grow at rates most other markets are incapable of. Emerging consumer societies, such as those in China and India, have forged means of shopping online unique to their societal and geographical features, whilst latecomers such as Canada are experiencing rapid growth as technology gains influence over consumer habits and companies change strategies to take advantage of a changing business environment.
Scope
- learn just what is causing the large scale growth in our top five exciting industries
- Examine how companies are evolving in the industry to capitalise on high growth
- Just what pitfalls are waiting in our industries that could cause growth to stall
Reasons to buy
- The construction industry has been growing well, what has caused this and what does the future have in store for the industry?
- Why is music streaming suddenly become so successful and is this the for the music industry?
- What big opportunities are on the horizon in the legal cannabis industry and how well is it doing?

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Table of Content:
Executive Summary 2
Construction industry: Springing back into life but concerns over financing are troubling 2
Cloud computing: Industry has changed much, but challenges remain 2
Online retail: Different routes to development creating a global boom 3
Music industry: Saved by streaming services helping to remonetize the music business 3
Marijuana: The unusual growth industry displaying just how much potential it has 3
Construction industry has sprung back into life 8
US construction appears to be doing very well with a great year in 2016 8
Chinese construction industry is still producing double digit growth 9
UK construction industry shows a very mixed picture 11
India has enormous potential for growth in the construction sector 12
Cloud computing has changed much but challenges remain 14
Cloud computing is changing how major manufacturers operate, allowing the creation of new products 14
Cloud computing has changed how retail companies work, inciting major spending 15
Factory of the future made possible by cloud computing: Major companies now investing in long-term future of the cloud 16
Despite the potential gains, cloud computing also comes with problems 18
Amazon Web Services’ domination of market could stifle long-term innovation 18
Different routes to development create global online retail boom 20
Indian online retail growth predicated on mixing cash and cashless economies 20
Prolific online spending ensures healthy growth remains in UK market despite mature economy 22
Global growth helped by arrival of new countries to the market 23
Transformed by technology, Chinese online retail underpins global growth 24
….continue

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