Startup Ideas Sectors showed maximum traction in 2019:
– Artificial intelligence
– Voice recognition
– Big data
– Edge computing
The year 2019 could have been generous but the year 2020 played a crucial role despite
worst ever pandemic creating huge impact worldwide. To extrapolate further, if we observe
trends of business, tech startup ideas are leading the way due to new innovations born each day.
What is important to note amongst all of them is many form collaborations with some of them
targeting to deliver real solutions to business problems by innovatively creating combination
Also startup ideas that seem to come out of the left field can bring amazing success. Read this list of startup ideas for instant inspiration and switching on your creative gear. Ideas vary from travel-oriented, writing, and food-based ideas, so you’re bound to find one that works for you.
Some of emerging trends in the year 2020 for startup ideas:
Learning and Education:
This sector is ever lasting where the disruption is created by use of technology or shift of
consumer behavior. Learning is a never ending process be it school, higher education or to
upgrade skills after someone get into a job and at the same time there are new generations
who wanted to learn in a different way. The need for access to good education and evolution
of new technology helped learners to move out from physical classroom to virtual, web
based, theme based learning. Amongst all of this, how can we forget what COVID 19 taught
people all over the world where people couldn’t move to physical class room and couldn’t
efford to loose valuable time and hence moved to explore new areas. In recent years more
than 50% of students have subscribed to online classes. Few of well know startups who
have made themselves prepared with new innovations have done extremely well even
during pandemic, some of popular ones are Byju’s, Udemy, UpGrad etc.
Supply chain and retail distribution:
One of the most important process while setting up business is logistics and probably one of
the most grueling. There are business challenges from meeting customer expectations to
beating expectation to bring satisfaction – from one week delivery to two hours, we have
truly evolved thanks to technology and some sharp brains.
Retain distribution is one of the core sectors as its making of 10% of global GDP. It has more
worse impact and takes longer time to streamline unless it is handled effectively e.g. lose
customer interest, high cost of delivery, penalty for delay, loss of revenue, inventory damage
etc. Many startup ideas have already evolved to take advantage of the same using technology as
a value differentiator.
Service oriented businesses in healthcare that help individual monitor their health regularly.
This is an easy task at hospitals, however when individual try to be flexible and wanted to
consult experts they often struggle to find records. Almost 75% of healthcare costs are
accounted to the management of chronic diseases daily. Hence to remove constant
checkups and to reduce response durations, the emerging need for devices and software
arises. Remote healthcare deals with the development of such solutions.
Workspace Management service:
We have seen a phase where offices moved from lockable to shared office spaces. This
move ensured access to service such as infrastructure, support service (HR, Technology,
accounting, design etc). An option to plug and play offices is bound to grow post pandemic
where offices trying to save cost by giving up plush lockable offices and allowing employees
to operate at their comfort from multiple locations. This will come along with aspects like
work life balance, health and wellness, connecting various communities, mentorship and so
Organize special travel tours startup
Make a specialist travel tour company to appeal to your unique lifestyle preferences. A tour startup ideas for solo travellers, a food-based tour tailored towards certain dietary preferences, or even an age-based tour company might gain popularity through different demographics.