Emerging Industry

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Emerging Industry

An industry producing one or more products without an established market or customer base. Companies in emerging industries often spend a great deal on research and development and nearly always have little to no revenue in their early years. As a result, stocks in emerging industries carry very high risk; however, if a company becomes successful, it can result in large returns. For example, most dot-com companies had little or no revenue in their early years, and, indeed, most went bankrupt. However, a few, such as Google and Amazon, became prominent and profitable for their shareholders. See also: Industry Life Cycle.
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Furthermore, most emerging industries will be highly technology-driven as software technologies and connectivity become more pervasive in the move towards a smarter and digitalized world.
As traditional business lines are crossed and the world becomes more connected, several emerging industries are on the brink of success.
TOKYO, May 30 (KUNA) -- The UN State Council, or China's cabinet, on Wednesday adopted a plan to boost the development of seven strategic emerging industries, including new energy, amid the country's economic slowdown, the official Xinhua News Agency reported.
23, 2009 (CENS) -- With the signing of "Agreement for Cross-Taiwan Strait Cooperation in Standard Measurement Inspection and Certification," the government will push the establishment of common inspection and testing standards for such emerging industries as LED (light emitting diode), photovoltaic, flat panel display, and telematics, said Chen Chieh-shan, director general of the Bureau of Standards, Metrology, and Inspection, under the Ministry of Economic Affairs, yesterday (Dec.
Vallone announced the closing of the first investment by the Emerging Industries Fund, one of several economic development initiatives administered by the New York City Economic Development Corporation.
In the future, China's strategic emerging industries are expected to embrace significant opportunities arising from the accelerated growth and structural adjustments.
From the aspects of the theme, the exhibition, high-end forums and events, CHTF 2010 will focus on emerging industries, such as new energy, energy saving and environmental protection, new generation of information technology, biology, high-end equipment manufacturing, new materials and new energy automobiles.
A key ingredient to the extension of this trend will be the success of many small businesses and emerging industries.
BEIJING -- The State Council's Decision on Acceleration and Development of Strategic Emerging Industries unveiled in October 2010 gives higher priority to the cultivation and development of strategic emerging industries, in order to facilitate the country's upgrade of industrial structure and the transformation of economic growth pattern under government guidance.
1, 2012 /PRNewswire/ -- The CPC Nanjing Municipal Committee and the Nanjing Municipal People's Government held the 2012 China Nanjing Emerging Industries Promotion Seminar at Beijing Shangri-La Hotel on October 29.
The fifth edition of the Encyclopaedia of Emerging Industries details the inception, emergence, and current status of nearly 120 flourishing U.
Prepaid Media provides a host of business-to-business media and information services to numerous emerging industries.
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