Covid is a menacing virus, where it doesn’t matter who you are or what you do for a living, it attacks you.
When the virus reaches epidemic status, life changes for everyone. It is difficult to determine which industries will do better during this pandemic. Manufacturing companies may be one of the hardest hit because the supply chain may become limited for companies that rely on supplies from other countries.
In this article, we’ll inform you where to invest since they are the rising stars of such bad times of humanity.
Most Profitable Industries #1 eCommerce
E-commerce development is a great way to increase your business revenue. These services are the future of the market, so developers are always looking for new ways to create an experience for their customers. There are no limits to what you can do with e-commerce. Developers are always looking for new ways to create an experience for their customers, which is why e-commerce is always changing.
E-commerce is projected to grow and will generate $12 trillion in 2022, and generated $9 trillion in 2021. E-commerce is a necessary part of our world and it will only grow and create more and more jobs, and revenue for companies and countries alike.
Most Profitable Industries #2 Gaming
A lot of people are resolving to play more video games during their free time. A survey by Quartz showed that video game sales have increased by 23% in the UK. People are turning to video games to pass the time during the covid-19 pandemic. Some people are on mobile devices, on PCs, or on consoles. Gaming on these platforms has increased dramatically by 23%.
Most Profitable Industries #3 Food Delivery
There are many food delivery companies out there that offer services for your home or office. We want to help make your life easier by choosing the right company. Aardvark is one of the original food delivery companies.
A new report from Grubhub reveals that companies are doing well with the unprecedented number of people getting sick nationwide. Grubhub is a food ordering and delivery service company. This year, there has been a spike in people ordering food to stay at home instead of going out. The company’s earnings numbers are up by 15% this year on the back of the new pandemic. Grubhub Earnings Hits Record High in 2021.
Most Profitable Industries #4 Cyber-security
The Cybersecurity industry is one of the fastest-growing industries in the United States, which is being fueled by the increase in hacking, data breaches, and the proliferation of breaches of IoT devices.
Although many of us depend on the Internet for our jobs or access to resources, not all of us are trained to defend it. If you are one of those people, you might be more susceptible to cyberattacks.
Since the beginning of the Covid-19 pandemics, people relied more on electronic devices and this makes cyber-security companies more valuable by increasing the demand for safe internet usage.
Most Profitable Industries #5 Telemedicine
A telemedicine industry exists to provide medical services to people in remote areas. They provide this service by connecting medical professionals to patients via computer and internet connection. The telemedicine industry has grown over the last 15 years with the trend of more telemedicine providers, better technology, and more demand for this service. This industry is worth $6 billion in the United States alone.
People acknowledge the importance of the telemedicine industry in pandemic situations. The biggest advantage of telemedicine is that it enables care to be delivered to patients who are unable to travel to clinics or hospitals, including the elderly, people with disabilities, or people who are medically unable to travel.
Most Profitable Industries #6 Home Improvement
In today’s day and age, with a global economy, it can be hard to keep up with all the changes that are taking place. In the home improvement industry, for example, advances in materials have taken place that has resulted in a more environmentally friendly industry.
Despite the stress on the economy, people are still going through with home improvement projects. For example, after the housing crisis in 2008, many people were thinking about getting a bigger house. In fact, this was one of the top searches on Google at the time. Likewise, during the covid-19 pandemic, people tend to invest in their homes since most of the time people stay indoors.
Most Profitable Industries #7 Remote Software Work
Remote work apps are an important fixture in the landscape of working from home. Organizations have invested in remote work applications software to better connect workers who no longer have an office to work from.
Among the popular remote work application software are programs like Zoom, Slack, Skype, Gmail, Google Docs, Asana, Trello, and JIRA. These programs are often accessed through laptops workstations with high-speed internet connections. Skype is a popular remote work app for video chat. It allows up to 10 participants in a meeting for free with great quality.
Investing Tip of the Day! The Duelit App!
In pandemic times, people tend to turn online and spend a lot of time on their phones. Duelit evolved with the increasing demand since the Covid-19 pandemic. They already cashed out more than $650.000 via PayPal. The players in the Duelit gaming platform bet on themselves and win money with their skills.
Go on and try it yourself. Play one-minute-long well-known games and challenge your friends. Claim their pocket money by showing them who is the real gamer.