A recent report from Martin Prosperity Institute indicates that venture capital is eminently concentrated by industry. Internationally, the United States is leading the way when its comes to venture capital investment. It has invested an estimate of $58.8 billion in 2015.
Top 10 Industries Attracting the Most Venture Capital in the US
According to the report the top 10 industries that are getting the most venture capital investment are as follows: Also Read: Pakistan is One of the Asia’s Fastest Internet Growing Markets: Survey According to the above chart Software investment accounts for 36.2% of US VC funding. Whereas biotechnology comes second with 17.3%. Media and entertainment is placed at third position with 9.5% VC funding.
The 10 Most Valuable Start-Ups in the World
With the onset of the Fourth Industrial Revolution announcing an ever-greater use of technology, it is not surprising that most of the VC investment share goes to software companies. Also Read: Why Pakistan is Best Destination for Software Outsourcing? During the second quarter of 2016, the value of VC investments in the US software industry reached to almost $8.74 billion dollars.
Image Source: Statista Phone-based apps are some of the most valuable start-ups in the world with many using VC funding to facilitate global amplification. Also Read: Pakistan Tops Asian Telecom Users & Investment Destinations: World Bank Report