Two High-Tech Sectors Poised for Rapid Growth in the Coming Years

Every December The Kiplinger Letter publishes a Year-End special issue that dives deeply into one topic, ranging from demographic changes to robotic advancements. This year, we focus on which segments of the economy are positioned for strong growth over the next five years.

For Alerts subscribers, we wanted to share some of that analysis. Below is the first installment looking at high-tech sectors set to register rapid growth through 2023. Keep an eye out for other tech-focused Alerts that cover high-flying tech sectors.

Drones Will Be Unleashed for an Array of New Business Uses, Including Package Delivery

Look for commercial drones to soar as red tape is cut and technology improves. The fleet of small commercial drones will grow from 111,000 in 2017 to nearly 500,000 in 2022, according to projections by the Federal Aviation Administration. If regulations are updated faster than expected, which is a real possibility, growth will be even stronger.

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