Which Industries Experienced the Most Growth In 2019 As A Result of Investment?Jacob Wolinsky
A large investment in a start-up can be the catalyst that leads them to success and helps them to make it past the first year. Of course, getting this initial investment is not easy and many start-ups never manage to secure the investment to get their feet off the ground. In 2019, a few key industries experienced a lot of growth as a result of strategic investment.
In this article, we are going to look at these industries in more detail. We’ll look at everything from the healthcare industry to the world of artificial intelligence. Keep reading if you are interested in finding out more.
The healthcare industry saw a lot of growth in 2020 with a large percentage of investors focusing on healthtech in particular. The merging of technology and healthcare is certainly something to take note of as many new businesses surged to the top as a result of this. Some of the top trending start-ups of 2019 included Verily and Baxter International which both received at least a billion dollars in investment funding.
If you have been paying attention to the tech industry, then you’ll know that artificial intelligence is one of the fastest-growing technologies. Top investors such as the Ford Motor Company, Microsoft and Vision Fund and other smaller investors have been seen to be investing in startups in this sector. AI technology is set to become much more mainstream in the coming years, so this investment is a sensible one.
Another industry to experience remarkable growth as a result of investment in 2019 was the e-commerce sector. By 2023, it is expected that retail e-commerce sales will double to $6.5 trillion according to Statistica. This is an incredible amount of money; it is clear why many top investors are injecting their money into e-commerce start-ups. Both Jack in the Box and Nure received large investments in 2019.
Finally, you’ll find that start-ups in the transportation industry experienced rapid growth last year as a result of large investments from companies such as JP Morgan and Citibank. Companies within this sector are using technology to make big changes to what they are creating. This is getting the attention of some big investors. Some of the most notable investments in 2019 were given to The Boeing Company and Argo AI. This is one sector that you will want to keep an eye on.
As you can see, start-ups across many industries saw extreme growth in the last year. With investors focusing on technology and transportation, the future looks bright for those involved in these industries. While some of the larger companies received a lot of investment in the last year, start-ups have the ability to shake things up and innovate across the board. Keep an eye on all of these industries and stay up to date with the moves investors are making in 2020.