10 EXCITING INDUSTRIES TO WORK IN 2024
Beverley A Agbakoba-Onyejianya
Career mom??Dispute Resolution ??Governance Compliance and Regulatory (GRC)advisor ?? Sports, Entertainment Technology Creative Economy?? Develop Your A Game ??Personal Development??Youth Sports Club Founder.??Writer
Choosing a career in nascent and expanding industries means embarking on a career? journey filled with innovation, opportunity, and impact. In 2024, the landscape of employment is shaped by industries that not only offer job security but also foster growth and advancement at the forefront of technological and societal change. From healthcare to finance, and from sustainability to remote work, professionals are presented with diverse pathways to success, each with the shared goal of driving progress and prosperity worldwide.
In this article, we delve into the top industries to work in 2024, exploring their significance, trends, and the opportunities they present for career growth and fulfilment. From the transformative impact of pharmaceuticals and healthcare to the sustainable solutions driving transportation and logistics, each industry offers a unique blend of challenges and rewards for those ready to seize them. Let us walk through the dynamic landscapes of employment in 2024 and beyond, where innovation meets opportunity.
1. Pharmaceuticals and Healthcare: 2020 to 2022 marked a period of exceptional growth for the pharmaceuticals and healthcare industry, driven by the urgent demand for COVID-19 treatments and vaccines. Companies like Pfizer and Moderna have not only become household names but have also expanded rapidly, thanks to their life-saving vaccines. Furthermore, the adoption of telemedicine, highlighted by the success of platforms like Teladoc Health in Africa we have the likes of GeroCare Solutions Ltd iWello INC Tremendoc Limited to name a few. With an increasing demand for accessible and convenient patient care there has been a correlation in the rise of Healthtech companies. With ongoing investments in advanced technologies, such as gene editing and artificial intelligence, the sector is continuously innovating. Organisations like CRISPR Therapeutics are at the forefront of these advancements, paving the way for future medical breakthroughs.
Choosing a career in this industry in 2024 means being part of a rapidly evolving field that not only offers job security but also the opportunity to be at the cutting edge of technological and medical innovation. Whether you are interested in direct patient care, research, technology, or pharmaceuticals, the healthcare industry provides a diverse range of career paths with the shared goal of improving health outcomes around the world. If you want to contribute to meaningful work that has a real impact on society, the healthcare and pharmaceuticals sector awaits you.
2. Consumer Goods and Retail:
The consumer goods and retail industry remains a great place to work in for several reasons. Firstly, it plays a vital role in meeting the daily needs and desires of people globally, ensuring consistent demand for products across various categories. Secondly, the industry is highly dynamic and continuously evolving, offering opportunities for growth and innovation. Thirdly, with the increasing shift towards e-commerce and online shopping, there are ample opportunities for businesses to capitalise on changing consumer behaviour and technological advancements. Lastly, companies like Amazon and Shopify have demonstrated significant growth potential, showcasing the opportunities available within the sector for market presence expansion and revenue generation. Interestingly the recent Forbes wealth listings for 2024 shows Bernard Arnault, the Chairman and CEO of 酩悦·轩尼诗-路易·威登集团 which owns majority of the worlds luxury brands has recently overtaken Elon Musk to become the worlds richest individual. This confirms that the dominance of the consumer goods and retail sector is here to stay.
3. Energy (including Renewable Energy):
The energy sector, including gree/renewable energy, is another exciting industry to work in for several reasons. Firstly, there is a growing global focus on sustainability and reducing environmental impacts, driving increased demand for renewable energy sources such as solar, wind, and hydro power. This heightened awareness is leading to significant investments in renewable energy projects and technologies, creating numerous job opportunities across various sectors within the industry. Secondly, advancements in technology have made renewable energy more affordable and accessible, further fuelling its growth. Companies like NextEra Energy are expanding their portfolios of renewable energy projects, investing in energy storage, and modernising grids to meet the rising demand for clean energy solutions. This growth trajectory indicates a promising outlook for professionals looking to enter or further their careers in the renewable energy sector.
4. Education and EdTech:
If you are a passionate educator or advocate then you need to be part of the EdTech revolution. Ever since the COVID-19 pandemic accelerated the adoption of digital learning solutions, the significance of EdTech has become more crucial than ever before.?
As educational institutions continue to embrace online and hybrid learning models, professionals in this industry play a vital role in facilitating effective teaching and learning experiences.
There is a growing demand for skilled individuals who can navigate and harness the potential of educational technology. As technology continues to evolve, there is a need for educators and specialists who can innovate, develop, and implement effective digital learning solutions to meet the diverse needs of students and learners.
Furthermore, the education sector is fundamental to shaping future generations and driving socio-economic progress. By working in EdTech, professionals contribute to enhancing access to quality education, bridging gaps in learning, and empowering individuals with the knowledge and skills needed to succeed in an increasingly digital world. Popular global Edtech companies include Coursera Duolingo whilst in Africa some of these include The uLesson Group Utiva AltSchool Africa
5. Finance and Banking:
In the world of finance and banking, even though at times it can be somewhat of a volatile industry with an uncertain regulatory landscape, the industry generally stays profitable. It offers various opportunities, including jobs in traditional banking, like managing accounts and loans, as well as roles in investment management, where people look after how money is invested to make the most profit. There are also jobs in financial analysis, where experts study financial data to give advice on decision-making. And with the rise of financial technology, or fintech, there are chances to work on new digital financial services and solutions, meeting the changing needs of customers and businesses in the digital era. Major Fintechs in Africa include Paystack Flutterwave PalmPay
6. Sustainability and Environmental Services:?
This industry holds significant importance due to heightened global concerns about climate change and sustainability. As awareness grows about the urgent need to address environmental issues, there is a greater demand for professionals dedicated to sustainability and environmental services.
By working in this sector, individuals have the opportunity to contribute directly to mitigating the impacts of climate change and promoting environmental conservation. Roles within environmental conservation focus on protecting natural resources, preserving biodiversity, and implementing strategies to combat pollution and habitat destruction.
Moreover, the development and adoption of green technology are crucial for transitioning towards a more sustainable future. Professionals in this field play a vital role in innovating and implementing renewable energy solutions, energy-efficient technologies, and eco-friendly practices across various industries.
7. Remote Work and Digital Nomads.
This industry is crucial to work in during 2023 due to the increasing prevalence of remote work and digital nomadism. The flexibility offered by remote work has transformed traditional employment models, creating new opportunities for individuals to work from anywhere in the world.
Digital nomadism, enabled by remote work, allows professionals to embrace a lifestyle of location independence, working while traveling and exploring different cultures. This presents exciting opportunities for those seeking adventure and flexibility in their careers.
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Furthermore, remote work opens doors to freelance opportunities, where individuals can offer their skills and expertise to clients worldwide. This gig economy model allows for greater autonomy and diversity in work projects, catering to a range of industries and job roles.
Moreover, remote project management and virtual collaboration platforms have become essential tools for businesses to coordinate and manage teams across different locations. Professionals in this field play a crucial role in ensuring effective communication, project delivery, and team collaboration in a remote work environment.
8. Entertainment and Media:
Working in the entertainment and media industry for several reasons. Firstly, with the continued growth of digital media consumption, there is a high demand for content creators and professionals skilled in digital media production. This presents ample opportunities for individuals to showcase their creativity and talent across various platforms.
Secondly, as virtual events become more prevalent, particularly in response to ongoing global events and the need for social distancing, there is a growing need for professionals who can organize and manage virtual events effectively. This includes roles in event planning, technical support, and content creation for virtual platforms.
Furthermore, influencer marketing continues to be a powerful tool for brands to reach their target audiences. Working in this aspect of the industry provides opportunities for individuals to collaborate with brands, build their personal brand, and influence consumer behaviour. Though the global brands such as Netflix and Amazon Prime have dominated the African market at some point or the other, we are now seeing a major push from platforms like Showmax who are committed to improving the quality and quantity of good shows to whet the appetite of the growing African market. For music where apple formerly topped the list of favourite global audio platforms , Spotify now rocks the top of charts and strong contenders like Boomplay also making major strides in Africa.
9. Travel and Hospitality:
In the travel and hospitality industry, the value chain is impressively broad. Sustainable or green tourism is growing in popularity amongst sustainable traveller influencers who earn a decent living whilst promoting eco friendly travel that helps protect the environment and supports local communities. Some popular sustainable travel influencers include Greensuitcase Travel, Green global travel and Always Go Local. Travel technology is still popular and is all about using tech to make booking trips easier and more convenient. Popular travel tech platforms include Wakanow Trainline and App in the Air to name a few. There is also a rise in adoption of Eco-friendly accommodation and hotels that care about the environment and try to reduce waste and use energy wisely.
10. Transportation and Logistics:
The transportation and logistics industry presents significant growth and expansion opportunities due to several factors. Firstly, there is a growing demand for sustainable transportation solutions as concerns about environmental impact and climate change continue to escalate. Professionals in this field have the opportunity to contribute to the development and implementation of eco-friendly transportation practices, such as electric vehicles and alternative fuels, to address these pressing environmental issues. Secondly, logistics optimisation is becoming increasingly important as businesses strive to improve efficiency and reduce costs in their supply chains. With the rise of e-commerce and global trade, there is a heightened need for professionals who can leverage technology and data analytics to streamline logistics operations, optimise routes, and enhance overall supply chain performance. Additionally, effective supply chain management is essential for businesses to maintain competitiveness and meet customer expectations. Professionals in supply chain management play a crucial role in ensuring the smooth flow of goods from suppliers to consumers, managing inventory levels, and mitigating risks. In an increasingly interconnected and fast-paced global economy, skilled supply chain professionals are in high demand to drive efficiency and resilience in supply chain operations. Some companies building EV solutions in Africa include VOLTAEV LIMITED BasiGo SiltechWorld to name a few.
The 16 Undeniable Laws of Communication: Apply Them and Make the Most of Your Message.
In "The 16 Undeniable Laws of Communication: Apply Them and Make the Most of Your Message," John Maxwell, a well-known author on leadership and growth, brought out a book in March 2023 that helps people talk and listen better. This book is like a toolbox for anyone who wants to get better at sharing their thoughts and feelings, whether with friends, at work, or in front of a crowd.
Maxwell says that talking to someone is more than just passing on information. It is about connecting by sharing what we think, feel, and believe. The first part of the book teaches us how to really see who we are talking to, understand where and when we're talking, and be clear about what we want to say. He tells us it is important to care about the other person's feelings, to keep our message simple, and to always have a clear point.
Then, Maxwell talks about how to make sure our message is easy to understand, choosing the best way to share it, and picking the right time to talk. He gives tips on how to keep people interested and involved in what we are saying. This part is very useful for everyday conversations and for times when we need to speak in public.
Later on, Maxwell focuses on how important it is to listen to feedback, really hear what others are saying, and be ready to change our message if it helps us connect better. He shows us that good communication keeps getting better as we learn from each conversation.
To end, Maxwell reminds us that being honest and true to ourselves when we talk or listen makes our messages stronger. "The 16 Undeniable Laws of Communication" is not just a book about talking better; it is about building stronger and more meaningful connections with everyone around us.
If you enjoyed this edition please support by sharing, commenting and/or engaging. Until next time. Keep Developing your A Game.
Exciting times ahead! Looking forward to exploring the opportunities in these industries. ?? Beverley A Agbakoba-Onyejianya
LLM Candidate at Cornell Tech, deepening expertise in Law, Technology, and Entrepreneurship.
9 个月For us as service providers, acquiring operational understanding of these emerging industries is a must. Thanks for sharing boss.