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It's difficult to predict precisely which start-up ideas will be the biggest in 2020, as a start-up's success can depend on various factors. However, some areas that have seen significant growth in recent years and are likely to continue to be popular in 2020 include:
E-commerce: With the rise of online shopping, e-commerce start-ups that focus on niche markets or offer unique products and services may see success in 2020.
Healthcare technology: The healthcare industry is ripe for disruption by technology, and start-ups that focus on areas such as telemedicine, health data management, and personalized medicine may see significant growth in 2020.
Artificial intelligence and machine learning: These technologies have the potential to revolutionize a wide range of industries, from finance to manufacturing to healthcare. Start-ups focused on developing and applying AI and ML in new ways may see significant growth in 2020.
Blockchain: Blockchain technology can potentially disrupt many industries, including finance, supply chain management, and voting systems. Start-ups focused on developing new blockchain applications may see significant growth in 2020.
Sustainability: Climate change and environmental degradation are increasingly important issues, and start-ups focusing on sustainable products and services may see significant growth in 2020.
Final Thoughts
It's important to note that the industries mentioned above impacted in 2020 are similar to 2019, but the focus on niche markets and unique products and services within these industries may differ. The potential of a global pandemic will also accelerate the shift towards digitalization and remote work, impacting the industries mentioned above.
About the Author
Adam Ryan is a Professor of Practice (Adjunct Professor) at Monash University and is a principal at Watkins Bay. Adam has over twenty years of start-up experience in Australia and the USA. An expert in Company Structuring for Innovation, Strategy, Mergers & Acquisitions, and Capital for early and growth-stage businesses.
Contact Details
Australia +61 (0) 418 325 387
USA + 1 (858) 252-0954
Email adam@watkinsbay.com
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