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Author: Victoria Cohen
Whether you’re embarking on a new career path or taking your first steps into the job market, you might be seeking a role that promises both growth and stability.
With technological advancements, evolving consumer needs, and global trends shaping job market needs, it’s important to keep an eye on the industries that are on trend to experience significant growth when making your next big career move.
Keep reading to learn the top five industries with the best potential for career growth and advancement through 2031:
The world is experiencing a revolution driven by AI and machine learning technologies. As businesses across various sectors strive to harness the power of data and automation, professionals with expertise in AI and machine learning are in high demand. Roles such as data scientists, AI engineers, and machine learning specialists are expected to see exponential growth. Pursuing a career in this field opens up opportunities in diverse domains like healthcare, finance, cybersecurity, and transportation to name a few.
Top Growing Careers
AI and Machine Learning Specialists – 40%
Data scientists – 36%
AI Engineers – 21 %
(Percentages are projected growth rates from 2020-2031)
*For comparison, the projected growth rate for all careers across the board is 5% according to the U.S. Bureau of Labor Statistics
The healthcare industry has always been a reliable source of employment, but recent advancements in biotechnology and medical research have further expanded these job markets. The demand for skilled professionals in areas such as genomics, personalized medicine, telehealth, and healthcare data analytics is rapidly increasing. In addition, the aging population and the need for innovative healthcare solutions have prompted career growth across nursing, medical research, pharmaceuticals, and healthcare administration in the coming years.
Top Growing Careers
Nurse Practitioners – 46%
Medical and Health Services Managers – 28 %
Physician Assistants – 28%
The growing global concern for sustainability and the shift towards clean energy sources have led to significant opportunities in the renewable energy sector. The industry offers various career paths such as renewable energy engineers, project managers, technicians, and researchers. As governments and businesses make the shift toward renewable energy infrastructure, job seekers with experience in renewable energy systems, energy storage, and grid integration are highly sought after.
Top Growing Careers
Wind Turbine Technicians – 44%
Solar Photovoltaic Installers – 27%
Logisticians – 28 %