The new stock market year has just begun and many investors are naturally wondering which industries could be worth investing in. Tech stocks like Facebook , Netflix , Microsoft, and Amazon have had a tough time in recent months, but even in 2019, technology stocks could be big winners.
Which sectors are worth investing in?
Industries such as cloud computing, cyber security, mobile payment and health care promise great growth in the coming years as well.
Cloud Computing – continues strong growth expected in the next few years
The cloud computing market is still considered the hottest industry in the technology market. More and more companies are using the cloud of data to save on the costs of using applications and services.
If one believes a recent forecast by Goldman Sachs, the cloud computing market is expected to double again by the year 2021 to 116 billion US $. In the area of cloud infrastructure services, the Amazon subsidiary Amazon Web Services (AWS) is still the measure of all things.
But also Microsoft could catch up strongly in the last years and is with number 2 in the market with Microsoft Azure cloud. In the area of human resources management Workday dominates, while Salesforce dominates the field of customer management. The shares of Amazon, Microsoft, Workday and Salesforce should therefore still offer sufficient potential in the coming years. ...CONTINUE READING