IBISWorld Fatest Growing Industries


Last Wednesday we covered the dying industries so I thought we would cover the fastest growing industries this week for balance (and it's a little cheerier). These 10 industries have been able to grow by leaps and bounds even during the recession and the forecast is for continued growth through 2016. Internet growth, environmental issues, cost cutting and evolving technology are the four main drivers. The only industry that really surprised me was Corrections Facilities, but apparently the growth is coming from privatization of these facilities. Top 10 Fastest Growing Industries:

  • Voice Over IP Providers
  • Wind Power
  • E-commerce and Online Auctions
  • Environmental Consulting
  • Biotechnology
  • Video Games
  • Solar Power
  • Third-Party Administrators & Insurance Claims Adjusters
  • Correctional Facilities
  • Internet Publishing and Broadcasting