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Top 5 Rapidly Growing Industries Worldwide in 2017

In the world economy 2017, the forces of growth and prosperity are complex and ever-changing. The catalysts of change can be fundamental factors such an emerging technology, the needs of the global population, a change in regulation or a new method of monetization.We are now going to disclose top 5 (five) fastest growing industries worldwide, also to look and examine the fact behind its hasty growth and what issues are emerging that might affect their long-term prospects:The construction industry:
The construction industry is thundering like a storm and authorities assume growth to proceed. The Bureau of Labor Statistics projects the construction and development industry to be one of the fastest growing industries of 2017 and with risen work, the industry will have a leading employment rate across the overall economy.This is also estimated that the industry will be unstoppable and will boom simultaneously until 2020 and the projected growth rate would reach 4.5% up over the next 5 Years, making construction the top leading industries of 2017 in terms of improving salary and employment sector.In the United States, the construction industry is estimated to reach almost $1.2 trillion over next five years (until 2020)Cloud Computing Industry:
Cloud computing technology is comparatively new in the market but there are various organizations both government and private that are inception to adopt the use of this technology. Cloud computing is basically the commitment of computing services including software, networking, servers, storage, databases, analytics over the cloud with the help of internet.The investment of $46.8 billion was spent on Cloud Services previous year and expected to double in next few years. The Industry growth will rise at a compound annual growth rate (CAGR) of 18% in coming forecast until 2020 with the current price of $263 billion. Over 80% CFO’s officers say cloud computing will have the most measurable impact on their business in 2017.Online retail Industry:
Today, we live in a world where people are so attached to the smart technology like the smartphones or gadgets, also in their everyday life they hold in touch with it while doing shopping or hailing a cab service or it could be regarding ordering a food. Everything begins & ends with the smart time-saving technology of Online Retailing.Online Retail is one of the fastest growing industry in this phrase of gigantic technology and also projected to show an enormous growth in upcoming years also. China embraces the largest market for e-commerce followed by the United States, though India hold the top place under rapidly growing e-commerce industry in the whole world.In Asia-Pacific, Nearly a 5th of total retail sales will take place online by 2021, with 80% of business coming from the smartphones, improved from 64.5% in 2016. It is also estimated that the online mobile retailing sector is near to grow at a CAGR of 16% (approx.), to strike $1 trillion until 2020, increased from $545 billion in 2016.The marijuana industry:
Marijuana, also familiar with the name Cannabis and Hashish being unassociated with good fashionable lifestyles because it is illegal in most of the countries as it is a psychoactive drug. In 2015, 42% of Americans consumed cannabis, increased to 51.2% in 2016. Around 11% have used it in the previous year, and 7.5% used it in the previous month. This makes it the most commonly used illegal drug worldwide and the United States. However, there are more than twenty-five states with some form of legalized marijuana for medical purpose and more than seven states that have legalized recreational marijuana laws.A new report has been declared by the market research experts includes the foresight that the legal cannabis market or marijuana market was worth an estimated $7.3 billion in the previous year (2016) and now projected to grow at a Compound Annual Growth Rate (CAGR) of 16.9%. Marijuana sales reached $4.5 billion in 2016 and now expected to reach $13.2 billion in coming years until 2020.Music streaming industry:
Today, ‘The Internet’ or ‘Net’ (Common name) is one of the most important needs of a mankind. People use the net for different purposes depending upon the requirement. In Music Streaming Industry, the Internet gives listeners a commercial-free access to choose & listen from the millions of songs on a monthly payment and sometimes totally free if they willing to see ads.The music streaming growth is being seen globally, including the small markets and others decimated by piracy. In the United States, Music streaming Industry revenue grew 56 % billion in the first half of previous year (2016) which was accounted to near half of industry sales in the US. South Korea has emerged himself in the list of top 10 largest music industry in the world, with sales $271.2 million in 2016. With the explosion of piracy, China’s market shrank to $22 million in 2010 as it was $209 million in 2004 but after the major source of the recovery, China again lifted himself in the top 10 music industries by country in 2017.The Global Music Industry grew at a CAGR of 5.8% and generated the revenue by hitting $15.4 billion in the previous year (2016) as compared with $14.6 billion in 2015. According to I.F.P.I, this been recorded as the fastest Music Industry growth since 1998.

Precast Construction: Awesome And Unique Construction Segment

The concept of precast construction (which also refers as “prefabricated construction”) includes those buildings where the majority of structural components are standardized and produced in plants in a location away from the building, and then transported to the site for assembly. These components are manufactured by industrial methods based on mass production in order to build a large number of buildings in a short time at low cost.The main features of this construction process are as follows:

The division and specialization of the human workforce
The flawless use of tools and other equipments, usually automated, in the production of standard, interchangeable parts and productsSince 2005, the demand for new commercial and residential buildings has been on the top than the other types of construction. Practically, precast construction is always more economical when compared to conventional multifamily residential, commercial, industrial or institutional construction anywhere in world.As per the load-bearing structural, precast construction can be categorize into the following categories:

Large-panel systems
Frame systems
Slab-column systems with walls
Mixed systemsList of Structural Precast Detailing Services:

Precast Concrete Detailing
Precast Wall Panels Detailing
Precast Concrete Cladding Panels Detailing
Precast Concrete Tilt-up Panels Detailing
Precast Shop Drawings
Precast Concrete Stairs Detailing
Precast Erection Drawings
Precast Concrete Column Detailing
Precast Concrete Beam Detailing
Precast Concrete Slab Detailing
Post Tension Detailing
Double Tee Detailing
Non load bearing & Load bearing
Column Cover and Cornices
Hollow Core Slab Detailing Services
Column Cap Plate Detailing
Flat Slab Detailing ServicesAs far as the concept of precast products is concerned, many states across the United States require a precast plant to be certified by either the Architectural Precast Association (APA), National Precast Concrete Association or Precast Prestressed Concrete Institute (PCI) for a precast producer to supply their product to a construction site sponsored by State and Federal DOTs.There are some numerous products which are utilizing precast/ prestressed concrete and majority of precast products can fall under one or more of the following categories:

Agricultural Products
Building and Site Amenities
Retaining Walls
Transportation and Traffic Related Products
Utility Structures
Water and Wastewater Products
Cemetery Products
Prestressed/Structural Products
Double Wall Precast – Concrete Sandwich PanelsFurthermore, Tilt-up construction is also plays an important part of Precast Construction process. Of course, a question comes into your mind that, so what is the difference between tilt-up and other types of construction?The answer is, in traditional forms of wall construction, the walls can be built with CMU blocks or blocks faced with brick. A tilt-up building’s walls are created horizontally in large slabs of concrete called panels. The panels are then lifted, or tilted up, into position around the building’s slab. This means the tilt-up structure’s exterior wall is virtually finished when it is tilted into place.Tilt-up construction provides numerous advantages over steel buildings either it is residential, commercial, institutional or other types of industrial building construction projects. Generally speaking, a one- to two-story structure larger than 50,000 square feet with less than 50% wall opening space is an excellent example for tilt-up concrete construction.Benefits of Tilt-up Construction:• Savings Construction Costs: by using this construction method, raw material costs can be reduced and of course it will also reduce the overall construction cost as well. In tilt-up construction method, the workers are typically lesser than the workers used in traditional construction. This way contractor can reduce labor costs. Because of the economies of scale, the larger the footprints for the building, the more these savings improve the project’s total cost.• Fast Construction Schedule: Tilt-up construction offers several opportunities to “compress” the schedule and deliver the building very quickly. To erecting the walls in tilt-up construction is a faster process than building walls using traditional construction techniques. The trades can begin work earlier in the process on a tilt-up project, which allows greater overlapping of project phases. Because the building is made of ready-mix concrete from local sources, the chances of delay project is less than the traditional construction method.• Safety: Tilt-up concrete is a proven, safe method of construction.• Flexibility: Tilt-up concrete buildings are not prefabricated. Each one is custom-designed for the client’s needs and preferences.

Saving Money Tips – Set an Entertainment Allowance

Don’t we all just love to be entertained? There is nothing nicer than looking forward to going to the opera or attending a musical performance. We live in exciting times, as there are so many functions for us to participate in, that it can be difficult choosing what to attend and it can certainly be hard containing our spending habits.A lot of entertainment can be quite expensive and most times we don’t realise how much a night out actually costs us. You not only have the cost of the event, but usually these sort of social outings cost us money in other ways such as taxis, drinks, clothes etc.The best way to control the money that you do spend on entertainment is to set yourself a quarterly / yearly entertainment allowance. Below are some clues to help you do this.1. Work out what you would like to do over the next quarter / year:
Visit galleries / exhibitions  
Attend concerts / musical performances  
Watch opera / ballet / dance  
Attend pantomimes / theatre / shows / plays / musicals  
Attend film festivals  
Participate in balls / charity events  
Go to circus shows / live performances / comedy shows  
2. Estimate how much the tickets / entrance fares are going to cost you.3. Spend time working out the ‘hidden extras’ so you know the full cost of the function / event. There are often costs to consider such as:
 Buying / hiring attire – formal / semi-formal outfits  
 Attending the hairdresser / make up artist  
 Paying for accommodation / flights  
 Hiring a car / paying for taxis / parking fees  
 Eating out / drinks  
4. Tally up the whole cost of your entertainment. Look at your budget and ensure your quarterly / yearly entertainment allowance will fit in with your overall budget. Remember entertainment is a “want” and not a “need”. You have other priorities and financial commitments in your budget to allow you to meet your “needs”. These must be met before deciding where else you “want” to spend your money.5. If your quarterly / yearly entertainment allowance is above what you have available in your budget, look for some alternatives:
Buy a cheaper class of ticket e.g. B reserve instead of A reserve
Go to a matinee showing instead of a night showing
Find an outfit in your existing wardrobe instead of buying / hiring an outfit
Get a friend / family member to do your hair / make up
Eat before going out
Drink water / juice / soft drinks instead of alcohol
Attend events locally to save on airfares / accommodation / car hire
Drive to avoid taxi fares
Cut the number of events you expect to attend
Find a cheaper option e.g. go to a local theatre to see a show, rather than a big performance centre
6. Find a way of monitoring what you do spend over the quarter / year. Use a software programme to record all of your costs for entertainment throughout the quarter / year. The programme should record how much you have spent and how much you still have left to spend. This will ensure you stay within your proposed budget.Entertainment need to be looked upon as a treat. We have mentioned earlier that entertainment is a “want” and not a “need”. The functions and events you attend should be looked upon as special times in your life that you can really look forward to. If you don’t consider them as a specialty / treat, then attending such events will become the normal. You will think of these activities as “must haves” instead of “nice to haves”. You will expect to go to them on a regular basis and you will find you spend lots and lots of money satisfying your wishes.Your money can only go so far. I am sure there are a lot of important things in your life that you are trying to achieve. This might be something on your wish list to buy, a holiday you want to go on, someone you wish to help financially etc. So, see if you can make a bit of a sacrifice with what you spend on your entertainment and start limiting what you spend over a quarter / year. You don’t need to cut entertainment out completely. You still need to have fun and look forward to special times, but ensure you do so whilst giving yourself an opportunity to meet your other goals and wishes.