For investors and entrepreneurs, there are few things more thrilling than a growing market. These countries have the potential to be developed markets, and they’re great opportunities to make lots of money. Hence, it’s at all times a good idea to keep an eye on any booming market as investing in a company or even starting a business here can prove to be very profitable provided you get on the bandwagon early enough. Below are some of the key markets to watch out for as they’re currently undergoing a metamorphosis and will become important players in the near future:
- China
Perhaps the most evident market to watch out for is China, which is experiencing enormous growth and manufactures and assembles goods that are in high demand around the globe. It is officially a Communist country with a government promoting private ownership, entrepreneurial ventures and international investment, so it is ideal for investors looking to make money from emerging markets, and there’s still room to grow before it becomes an advanced economy.
- India
India has experienced enormous growth following its economic liberalization program in 1991, and its large population and low starting point make sure that it can sustain faster long-term average growth than anywhere else. English is also one of the two official languages of the Government which makes it the second largest English speaking country in the world.
- Africa
The entire continent of Africa is seeing economic growth right now which means that it could absolutely be a market to watch out for and particularly when you think about that 1.3 billion of the 2.4 billion people joining the world over the next 30 years will be Africans. . Key sectors fueling this growth and one to watch include FinTech, sports betting, digital healthcare, renewable energy, urban transport and fashion. This is outlined by an informative infographic compiled by the team at Sage, which highlights six sectors transforming the African economy.
- Saudi Arabia
Recently announced that Saudi Arabia (and Argentina) will be reclassified as emerging markets ahead of the listing in Saudi Arabia of state-controlled energy giant Aramco, which could become the biggest publicly traded company worldwide. Saudi Arabia has been trying to open up to foreign investors for a long time, and it looks likely that there will be a considerable amount of money pumping into their local stock market in the near future.
These are the four markets that any entrepreneur or investor looking to make money and jump in early should watch. While some have been on the market for a long time, there are also others that are currently emerging or growing which can be wonderful opportunities and an excellent way to make money. There will at all times be risks and challenges in investing in emerging markets, so it’s at all times important to stay up to date with the latest news and use your instincts or seek expert advice.
