The next leap on the internet has already started as Semantic Web. At its core, Semantic Web transforms the document oriented web to a data oriented web enriched with semantics embedded as metadata. This change in perspective towards the web offers numerous benefits for vast amount of data intensive industries that are bound to the web and its related applications. The industries are diverse as they range from Oil & Gas exploration to the investigative journalism, and everything in between. This paper discusses eight different industries which currently reap the benefits of Semantic Web. The paper also offers a future outlook into Semantic Web applications and discusses the areas in which Semantic Web would play a key role in the future