Business Trends for 2022

Let’s face it, we’re all sick to death (no pun intended) of hearing about COVID, coping with COVID and doing our best to get back to normal life despite of COVID.

However, when it comes to a look forward to business trends in 2022, there is no denying that COVID is a major point of influence.

Life Sciences

The good news is that COVID may turn out to have a powerful silver lining going forward. That’s because the billions of dollars that have been poured into life sciences will produce remarkable benefits for all humankind for years to come.

Thus, some of our most lucrative business sectors are in life sciences. That includes the pharmaceutical, biotech, nutraceutical, biomedicine and neuroscience industries. COVID has resulted in unprecedented investment in these areas. It will translate to rafts of new high-paying jobs for those with the skills in demand.

If you’re looking for a place for your investment dollars and to bolster your portfolio in 2022, look no further than the kinds of companies that are involved in all the above.

Networking and Connectivity

Another significant business trend to watch is networking and connectivity. Once again, COVID has driven the rapid adoption of remote working arrangements, conducting meetings by Zoom and visiting a doctor via telemedicine platforms. There will be 1.4 billion more people using the internet than in 2021, said Cisco’s Networking Index.

Almost a billion-and-a-half new people on the internet have wide-ranging implications for business models across all industries. That includes small mom-and-pop shops to giant corporations.

The building of 5G networks will continue to drive jobs in the telecom sector in 2022. The power of 5G is expected to give birth to new kinds of business models yet to be fleshed out.

Dining Out Continues to Evolve

Now switching gears a bit, the restaurant industry found itself radically restructuring the way it served customers during the tough times of the pandemic. The shift to off-premises dining became a survival necessity for many. The new methodologies included things like curbside and home delivery options, use of mobile apps and online-only ordering.

These changes were once considered temporary coping options. Now that millions of customers have gotten used to it, however, the restaurant industry will continue to develop and evolve this trend in 2022.

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Lorrie Nielson

Lorrie Nielson

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