10 Global Industries That Will Boom in the Next 5 Years

Predicting high-growth industries is challenging due to the dynamic nature of markets and the fast pace of technological innovation. However, based on current trends and projections, according to our trusted publishers, here are 10 industries or sub-industries that are expected to experience a significant boom and potentially achieve very high growth rates. We’ve linked to a relevant report where you can learn more about each.

Note that these figures are often forecasts and can vary depending on the market analysis firm and the specific segments within the industry being measured.

Artificial Intelligence (AI) and Machine Learning (ML)

This sector is consistently cited as having the highest growth potential. The proliferation of generative AI, the demand for automation across all industries, and the increasing need for advanced data analytics drive this explosive growth.  For AI platforms, Industry Experts, in the report Global Artificial Intelligence (AI) Platform Market - Technologies, Deployment Types, Company Types and Industry Sectors, value the global AI Platforms market at US$11.3 billion in 2024 and project it to reach US$56.3 billion by 2030, growing at a CAGR of 30.8%. The market's rapid expansion is driven by growing enterprise needs for automation, efficiency, and cost reduction. With over 80% of companies embedding AI into core strategies, platforms that can process vast datasets, originating from IoT devices, social media, and other digital sources, are in high demand.

Cell and Gene Therapy

This is a sub-sector of biotechnology and is at the forefront of medical innovation. The development of therapies that treat diseases at their genetic and cellular level is a game-changer. With numerous clinical trials and new treatments coming to market, the CAGR is consistently projected to be well over 15-20%.  Cell and Gene Therapy Market to Coherent Market Insights, they estimate that the value of the global cell and gene therapy market is at $24.4 Bn in 2025 and exhibiting a CAGR of 18.5% during the forecast period (2025-2032).   Additionally, many specific types of therapies, such as CAR-T Cell, are forecasted to have a 2023-2030 CAGR of over 35% globally, as explained in Global CAR T-Cell Therapy Market Size Study & Forecast by BizwitResearch & Consulting.

Healthcare Analytics

This field encompasses a variety of techniques, including predictive analytics, descriptive analytics, and prescriptive analytics, to identify trends, forecast future events, and recommend actions. This includes using data to predict disease outbreaks, personalizing treatment plans, and optimizing hospital operations.  For instance, predictive analytics can help in identifying patients at high risk for certain diseases, enabling early intervention and personalized treatment plans.

Additionally, healthcare analytics aids in optimizing hospital operations by reducing readmission rates, managing inventory, and enhancing staff allocation. This market is expected to grow at a CAGR of around 20% or more.  Healthcare Analytics (from Global Industry Analysts) sets the global market for Healthcare Analytics at an estimated $64.5 billion in the year 2024, and is expected to reach $218.0 billion by 2030, growing at a CAGR of 22.5% over the analysis period 2024-2030.

Financial Analytics, one of the segments analyzed in the report, is expected to record a 23.8% CAGR and reach $97.7 billion by the end of the analysis period. Growth in the Clinical Analytics segment is estimated at 22.4% CAGR over the analysis period.

Augmented Reality (AR) Technologies

Augmented Reality (AR) has experienced remarkable growth due to the widespread utilization of this technology in commercial settings.  Augmented Reality seamlessly incorporates digital content into our surroundings and objects by utilizing software, apps, and hardware like AR glasses.  It is anticipated to hold significant importance in the upcoming years, considering the substantial investments made in innovation and adoption by prominent technology market leaders like Apple, Google, Facebook, Microsoft, and Amazon.

Mordor Intelligence’s Virtual Augmented and Mixed Reality (VR/AR) Market Size, Growth Trends, Share & Companies (2025 - 2030) states that The Virtual Augmented and Mixed Reality Market size is estimated at $157.44 billion in 2025, and is expected to reach $865.36 billion by 2030, at a CAGR of 40.61% during the forecast period (2025-2030)

Hydrogen Engines and Fuel Cell Technology

The global push for clean energy and decarbonization is making hydrogen a viable alternative to fossil fuels. The market for hydrogen engines and related fuel cell technologies is on a strong growth trajectory, with a CAGR projected to be over 25% as the world shifts toward sustainable transportation and industrial applications.

MarketsandMarkets takes a closer look at all types of fuel cells in Fuel Cell Market by Type (PEMFC, SOFC, PAFC, MFC, DMFC, AFC), Application (Portable, Stationary, FCVs), End User (Residential, Commercial & Industrial, Transportation, Data Center, Military), Size, Fuel Type, Component and Region - Global Forecast to 2030 and notes: The global fuel cell market is projected to reach $18.16 billion by 2030 from $5.66 billion in 2025, registering a CAGR of 26.3%. The global fuel cell market is on a growth trajectory driven by the increasing trend of switching to low-emission and sustainable energy solutions for transportation, power generation, and industrial uses.

The current supportive broader political environment, decarbonization targets, and hydrogen infrastructure are enabling expansion in the level of adoption. Fuel cell technology is advancing, leading to improved efficiencies, the development of new materials, and reduced costs.

3D Cell Culture

This is a niche but rapidly expanding area within life sciences. It involves growing cells in a three-dimensional environment, which better mimics natural tissue and organ systems than traditional 2D cultures. This technology is vital for drug discovery and disease research and is projected to have a CAGR of nearly 20%. In the report 3D Cell Culture Technologies Global Market Report 2025, The Business Research Company notes that the 3D cell culture technologies market size has grown rapidly in recent years. It will grow from $3.36 billion in 2024 to $3.96 billion in 2025 at a compound annual growth rate (CAGR) of 17.9%. The growth in the historic period can be attributed to advancements in cell biology, drug development, the rising incidence of chronic diseases, and government funding.

The 3D cell culture technologies market size is expected to see exponential growth in the next few years. It will grow to $8.16 billion in 2029 at a compound annual growth rate (CAGR) of 19.8% (from 2024 to 2029). The growth in the forecast period can be attributed to the pharmaceutical industry, increasing research and development, and environmental and ethical considerations. Major trends in the forecast period include personalized medicine, technological advancements, bioprinting, and regenerative medicine.

Edge Security

As more data processing moves to the "edge" of the network (e.g., IoT devices, mobile phones), the need for robust security at these points is becoming critical. The edge security market is a high-growth area with projections of a CAGR over 20% as businesses and individuals seek to protect their digital infrastructure. Edge Security Market Report and Forecast 2025-2034from Expert Market Research, says the global edge security market size reached a value of approximately $23.04 billion in 2024.

The market is further projected to grow at a CAGR of 21.00% between 2025 and 2034, reaching a value of $155.00 billion by 2034.  Furthermore, the growing demand for low-latency computing from various regions across the globe for improving performance and facilitation of real-time decision making is one of the key edge security market trends.  The increasing requirement for quicker processing time due to rising volumes of data being generated by organizations of various sizes is further propelling the utilization of edge security. 

Neuromorphic Computing

This is a brain-inspired computing approach that mimics the human brain's architecture and function, using specialized hardware and artificial neurons and synapses to process information more efficiently and with lower power consumption than traditional computers.

By integrating processing and memory into a single component and adopting event-driven, parallel processing, it aims to achieve faster, more adaptable, and more energy-efficient computation. MarketsandMarkets’s Neuromorphic Computing Market by Offering (Processor, Sensor, Memory, Software), Deployment (Edge, Cloud), Application (Image & Video Processing, Natural Language Processing (NLP), Sensor Fusion, Reinforcement Learning) - Global Forecast to 2030states: The neuromorphic computing market is expected to be worth $28.5 million in 2024 and is estimated to reach $1,325.2 million by 2030, growing at a CAGR of 89.7% between 2024 and 2030. The demand for real-time data processing and decision-making capabilities in edge computing drives the adoption of neuromorphic computing.

The increasing requirements to process real-time massive data for applications related to industrial automation, autonomous driving, and monitoring with a capability to make instantaneous decisions are making neuromorphic computing increasingly in demand. Moreover, the semiconductor industry is facing challenges in continuing to double the transistor count on ICs. The miniaturization of ICs faces issues such as current leakage, overheating, and other quantum mechanical effects, driving the urgent need for alternative approaches like neuromorphic technology to enhance computational power.

Anti-Obesity Drugs

With rising global obesity rates, the market for anti-obesity drugs is projected to see explosive growth. The development of new and highly effective medications is driving this market, with some forecasts placing the CAGR at over 25% for the next five years.

Anti-Obesity Drugs Market Research Report by Treatment Type [Appetite Suppressants (Serotonin Norepinephrine Reuptake Inhibitors, Selective Serotonin 2C Receptor Agonists, Norepinephrine Dopamine Reuptake Inhibitors), Lipase Inhibitors, GLP-1 Receptor Agonists… from Market Research Future, forecasts that the global anti-obesity drugs market is expected to expand to $326.8969 billion by 2035, registering a CAGR of 25.82% during 2025–2035.  The global anti-obesity drugs market is being influenced by the rising demand for non-invasive weight management methods.

Advanced pharmacological therapies, especially GLP-1 receptor agonists and dual receptor medicines like tirzepatide, are achieving weight reduction to never-before-seen levels, along with metabolic health improvement. Companies in the pharmaceutical industry, such as Eli Lilly and Novo Nordisk, are the main drivers of this change. Through new product launches and visa market entry, they are targeting cities with increasing obesity issues, including Asia and Latin America.


Digital Education (EdTech)

The widespread adoption of remote learning and online education platforms continues to drive the EdTech market. As technology makes learning more accessible, personalized, and engaging, this sector is expected to maintain a high growth rate.  Some specific subsectors, such as Corporate E-Learning and MOOC (Massive Open Online Course) are poised for even more remarkable growth. Massive Open Online Courses (MOOCs) are digital learning platforms that offer a wide variety of courses, making high-quality education accessible globally to anyone with an internet connection.

These courses provide a scalable, flexible, and often cost-effective solution by eliminating traditional geographic and financial barriers to learning. MOOCs are extensively used by professionals and students for specialized training, offering pathways to reskilling and professional certifications in high-demand fields. Global MOOCs Market 2025-2029, from TechNavio, states that this subsector is forecasted to grow by $160735.5 mn during 2024-2029, accelerating at a CAGR of 63.3% during the forecast period.

Article Written By: Suzanne Vyse 

Suzanne Vyse is a Senior Client Engagement Manager at Marketresearch.com and Profound.com. With over 20 years of experience in the market research industry and an MS in Library & Information Science from Wayne State University, she is dedicated to ensuring clients get the maximum value from their platforms and reports. Suzanne's expertise lies in fostering strong client relationships and helping businesses leverage powerful market intelligence for growth.