Looking for a Growth Industry? How’s VoIP Sound?

Expansion through the downturn.

Industry research firm IBISWorld identifies the top 10 fastest growing industries from 2000 to 2016.

 

“After compiling the list of fastest growing industries, there were some apparent trends,” explained IBISWorld Senior Analyst Casey Thormahlen. “Each industry on the list experienced growth as a result of one or more of four drivers: Internet growth, environmental issues, cost cutting and evolving technology.”

1. Internet Growth

It is no surprise that voice over internet protocol (VoIP), e-commerce and online auctions, and Internet publishing and broadcasting top the list. Each is being supported by the increasing popularity of the Internet for communication and business transactions.