GTE technology continues to advance at an ever-accelerating pace, and the world of the future will be very different from today. While there are many avenues to explore when it comes to investing in GTE technology, one of the best ways to gain exposure to this space is through its major components, whether they be microprocessors, circuits, memory chips or transistors (among many others). Here’s where you should put your money if you want to invest in GTE technology.
The internet of things
The internet of things is one sector that may experience rapid growth. Specifically, with the rise of wearable technology, companies like Fitbit and Apple are looking for ways to become ubiquitous. To stay competitive, it’s likely that more traditional electronics firms will also start manufacturing wearables in order to stay relevant. In addition, the home automation market is another area where there are opportunities for both established players and startups alike.
Connected homes
Connected homes are all the rage these days, and they will only become more and more popular as people are always looking for new ways to use technology. There are many different places where you can invest your money when it comes to connected homes, from those that provide basic amenities such as door locks and garage doors, all the way up to security systems that allow you remote access anywhere in the world. I personally like investing in automation software because of its flexibility. If there is a certain thing you want automated, then it is possible! For example, if you have a dog at home and would like to automate his food dispenser, then this is an option. You could also purchase the system with extra options on top of the basic necessities so that it fits whatever need or desire you may have at home.
Industrial tech
Industrial tech is one of the fastest-growing industries on the planet. While they may not be as popular or exciting as those that you might find in the consumer space, there are plenty of opportunities for investment. From manufacturing and logistics to robotics and automation, industrial tech companies can benefit from advancements in automation technologies like 3D printing and artificial intelligence which have been a boon for startups who cater to this sector.
Transportation tech
Transportation tech is an emerging industry with lots of possibilities. One of the best investments is in the field of mobility-on-demand, or MOO. There are a lot of new companies that offer this service and they’re all fighting for market share. It can be difficult to invest in this industry because many companies don’t provide much information about themselves, but it’s worth looking into if you want a potential quick investment with lots of potential.
Entertainment and media
Entertainment and media are projected to be one of the fastest-growing industries, with an expected 6.4% CAGR between 2017 and 2021. Music streaming services are one of the major drivers for this growth, with an estimated $8 billion in revenue generated from subscriptions alone. Apple Music is the leading provider of these services, with 40 million subscribers as of December 2016, followed by Spotify at 30 million.
Environmental protection, energy saving and smart buildings
Energy efficiency and protection are increasing in importance and relevance. If you want to invest your money, technology is the way forward. This can save costs on the long-term and reduce your carbon footprint significantly. At the same time, we are seeing a rise in demand for more efficient buildings. One example of this is smart buildings with automated air conditioning and heating systems that reduce energy use by up to 30%.