Top 3 Industries Ready To Take Off In 2015

 

These markets have proved to be lucrative for global medical device players with favorable demographics such as an aging population, rising income, increasing health awareness with government focus on healthcare infrastructure and expansion of the medical insurance coverage.

As the industry braces for a 5% CAGR from 2013-2020 with global sales reaching $514 billion by 2020, expansion in emerging markets represents one of the best potential avenues for growth going into 2015 and beyond.

As a driver, enabler and indicator of the technological prowess of an economy, the Semiconductor industry forms the foundation for virtually all other technology-based industries of a country. It is also likely to play a key role for The Internet of Things (IoT) market, which connects uniquely identifiable endpoints or ‘things’ to help them communicate without human interaction using IP connectivity.

The IoT market is expected to be one of the largest growth opportunities for the semiconductor industry over the next several years. According to data by research agency International Data Corporation, the global IoT market is likely to expand manifold to $7.1 trillion by 2020, as more and more people develop an affinity for full-time connectivity. The worldwide IoT installed base is expected to have a CAGR of 17.5% from 2013 to 2020 with wide proliferation across the full breadth of the IoT ecosystem.

The year-to-date return of the 'Philadelphia Semiconductor Index - SOX,' which is a price-weighted index composed of 18 U.S. semiconductor companies primarily involved in the design, distribution, manufacture, and sale of semiconductors, currently stands at 30.21%. Data from the World Semiconductor Trade Statistics further portray a healthy year-over-year growth for the global semiconductor market at 9% to $333 billion in 2014 and 3.4% in 2015 to $345 billion.  

The Staffing industry is one of the vital constituents of the Business Services sector that reported year-over-year earnings growth of 9.7%, 10.0% and 11.3% in the first three quarters of 2014, which was much higher than the respective performances of the S&P 500 (SPX) index at 1.5%, 8.3% and 6.9%.

Robust performance by the Staffing industry contributed significantly to the job growth of the country as the unemployment rate and the numbers of unemployed persons in 2014 were down by 1.2 percentage points and 1.7 million, respectively.

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