As an aspiring Millionaire, it’s very critical to choose an Industry with a low competition
and very high potential.
At starting many Entrepreneurs get confused in choosing a path that leads them to their goal of becoming a Millionaire.
But wait many industries were hit hard by covid-19.
And we saw many Industries Emerging out of the dark shade
of covid-19 making millions of Millionaires.
Yes, you heard it right MILLIONS OF MILLIONAIRES.
And it’s not late You can also become part of it.
We are not just talking about millions
we are talking about Industries with multi-million and billion dollars of potential.
Want to Know 7 Industries that can make you more than a millionaire
Well, Let’s just find out…
No. 1 Fintech
Financial Technology is the integration of financial services with a technological solution.
It is an emerging industry that aims to fulfill the traditional financial services with the technological methods to make it
more easy and efficient.
Fintech companies are one of those companies that managed to continue growing during the Covid-19 pandemic.
As stated by the World Bank Fintech market reports rapid growth during the covid-19.
No. 2 AI
Artifitial Intelligence uses the ability of computer systems and machines to provide Human-like Intelligence.
It is widely used in Most Industries.
From transportation to healthcare to finance to advertising to eCommerce all heavily rely on Artificial Intelligence.
It has a goal to enable computers to perform Intellectual tasks such as decision making, problem-solving, perception,
and understanding human communication.
This Industry is growing exponentially disrupting most of the inefficient traditional ways in Other Industries.
And is expected to help every industry in their most time and resource-consuming tasks.
No. 3 E-commerce.
In Covid-19 people were bound in their homes and were not allowed to step outside of their homes.
This caused most offline stores to shut down because of low sales.
And sellers need to search other mediums to reach the consumers and sell their goods and services.
This was a time when E-commerce jumps to a $26.7 trillion Global Industry.
Even after covid-19 consumers found that E-commerce was a more convenient way to Buy a Variety of goods and services
from there Comfort.
COVID-19 has led to a surge in e-commerce and accelerated digital transformation.
No.4 Data Science
According to the projections from Statista, 74 zettabytes of data will be created in 2021
And Data Science basically gives meaning to this raw data and converts it into meaningful insights.
Well, you might ask how these data are useful and what meaningful insights does it provides.
data Science brings together the expertise from programming,
mathematics and statistics to create insights and make sense of data.
Meaningful Organized Data can be used to grow the business and recognize market trends.
No. 5 Cyber Security
The Protection of computer systems networks and Information against theft, harm, and unauthorized use.
One Cyberattack every 39 seconds that’s 2,215 Cyber Attacks Per Day.
There is no chance we can overlook cyber security.
We experienced the Latest data security incident on November 3, 2021.
Robinhood is a huge American financial services company that experienced a data breach involved around
7 million customers database.
And we have seen much worse too.
So, the cyber security industry is also going to see huge growth with increasing Technology and Data.
No.6 Health Care The Evergreen Industry
The health care sector is one of the largest and most complex sectors.
Increasing technological developments have increased in common illness due to rising busy and sedentary lifestyles.
this will drive the growth of the Health care Industry
Healthcare has an Important part in the economy and it is expected to grow $11.9 trillion in 2022.
No. 6 Real Estate
90% of Millionaire become so through owning real estate
Real estate makes people more money than in all the industrial investments combined
Around 220 Billionaires have been Created in Real Estate.
The big benefits of real estate investing are passive income, stable cash flow,
tax advantages, diversification, and leverage.
So this Industry can definitely make you Multi-Millionaire or a Billionaire
No. 7 edtech
This Industry is the combination of Education with Technology to make Education more Effective & Efficient.
The global EdTech market is expected to grow from $85 billion in 2020 to $181 billion in 2025
This Industry also has a huge potential to Easily make you a Multi-millionaire or a Billionaire.