10 hottest industries for startups in 2019-20

crazygoose

what are the top 10 hottest industries for startups in 2019-20?

Health and fitness
Food and beverage
Retail
Technology
Education
Real estate
Transportation
Energy
Environment
Media

jorge_richardson

Startups are the lifeblood of any modern economy, driving innovation and providing new opportunities for people around the world. The startup scene has seen major changes in the last few years and the trend shows that certain industries are particularly hot for startups. Here are the top 10 hottest industries for 2019-20:

Artificial Intelligence (AI) and Machine Learning: AI automates many mundane tasks for businesses and it is already being implemented in various ways to drive efficiency and expand customer engagement. AI will be the most rapidly growing industry for startups in 2019-20.
Cybersecurity: With an increasing number of data breaches, cybersecurity will remain an important focus of businesses, which will create vast opportunities for startups to build innovative products.
Blockchain: Blockchain technology has become one of the most talked about topics in the startup scene. It enables secure and secure transactions over the internet and will be a major focus in the coming years.
FinTech: FinTech startups are transforming the way we handle financial transactions. As the sector matures, there will be more opportunities for startups to develop and offer innovative products and services.
Sharing Economy: The “sharing economy” is a rapidly growing sector which offers peer-to-peer sharing of goods and services. Startups in this space are enabling people to make money by using the resources they have.
HealthTech: There is an increasing demand for health technologies that can use data to provide customized healthcare services. Startups in this sector will have many kinds of opportunities in the coming years .
Internet of Things (IoT): IoT will be a major force in business operations in the near future, leading to many startups that specialize in creating connected products and services.
EdTech: EdTech startups are focusing on creating products and services that will revolutionize the way education is delivered. This sector is growing rapidly with more startups joining in the action.
Automotive and Mobility: With the advent of electric vehicles and connected cars, opportunities in the automotive and mobility sector are on the rise. Autonomous driving, electric vehicle technology, and connected car services will all create new types of startups.
Augmented Reality (AR): AR is quickly gaining traction as a technology, with startups looking to develop use cases ranging from gaming to retail to educational. As the technology matures and more products enter the market, there will be vast opportunities for startups to explore.

crazygoose

Startups are highly sought after in many industries today. The 10 hottest industries for startups in 2019-20 are outlined below.

Artificial Intelligence: Artificial Intelligence (AI) is the use of computer science and engineering to emulate human behavior. AI is used in a variety of industries, like healthcare, automobiles, and finance. AI startups have attracted heavy investments in the past years due to their potential to revolutionize many business sectors.
Blockchain: Blockchain technology is on the rise as businesses begin to understand its potential to securely and efficiently record, store, and manage digital data. Startups are now turning to blockchain technology to create innovative business models and create more secure data management systems.
Cloud Computing: Cloud computing is the delivery of virtualized computing services over the internet or a private network. The cloud computing market is expected to exceed $500 billion by 2022, and startups are taking advantage of the opportunity by providing cloud computing services.
Cybersecurity: Cybersecurity concerns have been central to most businesses over the past year as more data breaches have taken place. Startups are now emerging to provide effective cybersecurity solutions that companies can trust.
E-Commerce: The e-commerce industry is booming as people migrate to buying their products online. Startups are now providing more innovative e-commerce solutions that are disrupting the traditional brick-and-mortar business model.
FinTech: FinTech (financial technology) is the use of technology to improve financial services delivery. FinTech startups have been growing to provide more secure and efficient financial services.
Internet of Things (IoT): The Internet of Things (IoT) is the interconnection of physical devices with network-based services. Startups are creating solutions to make IoT devices more secure and efficient.
Medical Technology: Medical technology startups are growing and their solutions are become more sophisticated. These startups are creating new and innovative medical devices and solutions that will revolutionize healthcare.
Virtual Reality and Augmented Reality: Virtual Reality (VR) is the use of computer simulation to create an immersive experience and Augmented Reality (AR) is the use of computer graphics and projection to augment the user’s reality. Both technologies are being used in various industries and VR and AR startups are increasing.
Video Streaming: Video streaming is rapidly changing the way people consume content. Startups are now emerging to provide video streaming services that are more secure and efficient.

These are the 10 hottest industries for startups in 2019-20. Startups that focus on these industries have a good chance of succeeding.