The economy is always a point of contention, especially leading up to a political race. But one thing seemingly everyone, regardless of political leanings, seems to agree on is that small business and the entrepreneurial spirit are the backbone of our economy. So it’s always interesting to see what industries are fueling our country’s health, especially in the technology sector.
Freelance Coding
Freelance coders can contribute their skills to many other fields. Some of these include medicine, education, accounting, and project management. When coders go into a field they have an active interest in, employers get a coder that is highly engaged and driven to deliver a high-quality service. Freelance coders can make anywhere from $51,000–$76,000, and that high wage attracts many people to the field, resulting in more options for business looking to hire. As businesses continue to advance technologically, freelance coding is going to remain in high demand, but even the best coding in the world is useless without strong protections.
Cybersecurity Consulting
Like with freelance coding, the more businesses rely on modern technology, the greater the need for cybersecurity will be. A trend of huge companies suffering data breaches has set the stage for a huge boom in cybersecurity services. Cybersecurity’s current market value is more than $120 billion, and there’s speculation that it will cross over $300 billion by 2025. This industry is sure to grow exponentially going forward.
Tech industries continue to rise in profit, and the data points to this being just the beginning. In addition to tech, I’m keeping my eye on markets like T-shirt screen printing and catering as they show promise as growing industries. I implore you to keep an eye on those markets as well because if you are anything like me, you’re always excited to see what your fellow entrepreneurs will do next!
Article by
Wayne Goshkarian,
Senior Advisor