3 Booming Industries of the Future | TopMBA.com

3 Booming Industries of the Future

By Stephanie L

Updated April 20, 2021 Updated April 20, 2021

Sponsored by EU Business School

The world is becoming more advanced and interconnected than ever before, so it’s vital all industries ensure they keep up with the latest demands, trends and innovations.

If you’ve got your heart set on starting up a new business or want to get involved in one that’s already making its mark on the world – consider these three industries that are sure to thrive over the coming years.

Product and service design

AI and other mixed reality technologies are shaking up the design landscape, meaning designers and design managers have to act fast in order to keep up with valuable opportunities.

AI can help simplify product design and amplify our creativity in order to bring about more personal and original experiences for users and customers. Take the Fitbit, for example: the activity tracker is designed to be as minimal and as simple as possible, while offering its users the most bespoke and best experience tailored to their own needs and goals.

Successful organizations are those that can take into consideration cultural, political, environmental and financial changes, along with novel design strategies. The MBA in Design in Management is ideal for those who are intrigued by the idea of working in an industry that’s quick to react to emerging trends and innovations in design concepts.

Global banking and finance

Blockchain is perhaps one of the most influential technologies to have come out of the last decade. A complex piece of technology that enables digital information to be stored in a public database, blockchain is revolutionizing the way many industries operate, including finance, healthcare, education, telecommunications and charities.

If you want to get ahead of the game when it comes to blockchain technology, EU Business School’s MBA in Blockchain Management equips students with the fundamentals of business and management as well as the skills and knowledge to critically evaluate the processes, practices and tools of blockchain technology. Students are also taught how they can apply blockchain to current business operations and strategies.

Blockchain technology has been a disruptive force on the financial sector and helped to rapidly propel the global banking industry forwards into a rapidly globalized world.

You just have to look at how the likes of Monzo and Revolut have transformed the way the world banks to see the opportunities for growth in this sector. With 6.6 million customers between them, novel technologies such as artificial intelligence (AI) and big data have allowed banks to learn the behaviors and needs of their customers and give them real-time summaries of their spending habits.

An MBA in Global Banking and Finance is a sure-fire way of getting to grips with these evolutions in the finance sector and gaining a critical understanding of advanced financial concepts and management processes, as well as the various challenges the industry faces.

Students who study the MBA in Global Banking and Finance at EU Business School have the chance to visit leading companies and attend guest speaker events where they can get a valuable insight into global banking and finance from industry experts.

International marketing

Marketing is already a huge industry – valued at US$1.7 trillion worldwide according to a 2019 study – but will continue to grow going forward. Technology has revolutionized this industry as traditional models give way to faster, more responsive, digital activities directed at an increasingly targeted market.

Today, sophisticated consumers require personalized content at the right time through the right medium, which translates into that all-important positive experience that drives engagement. And, in this rapidly globalizing world, you can stand out from the crowd if you can complement your marketing skills with an international perspective. International marketing applies marketing principles to products or services sold across different countries, adapting them to meet the specific needs of different markets and cultures.

Studying for an MBA in International Marketing will ensure that you stay on top of technological advances and industry trends, as well as help you acquire an in-depth knowledge of the key analytical, strategic and operational requirements. It will also give you that crucial culture awareness and adaptability that are key to success in the field of international marketing.

This article was originally published in April 2020 . It was last updated in April 2021

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Written by

As the Head of Sponsored Content for TopMBA.com and TopUniversities.com (until September 2021), Stephanie created and published a wide range of articles for universities and business schools across the world. She attended the University of Portsmouth where she earned a BA in English Language and an MA in Communication and Applied Linguistics.

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