booming industries for startups
Top 10 Booming Industries For Startups In 2020
1. Bottled Water
The business of selling water in bottles is quite old. But by 2020, it is one of the most discussed trends. Nowadays, this business is growing like wildfire in the largest cities of India. Getting clean water has been negligible at these places. Because of this, the demand for bottled water is increasing.
2. Self Improvement
Nowadays, this business is showing its strength because people feel very stressed. A person living a modern lifestyle has to deal with many issues. No matter how much money you earn, self-improvement will always be a concern for you. In the future, the industry will continue to grow.
3. Software
In the software industry, demand has been in place since earlier times. People do jobs, and their companies need software. This year, the demand in the software industry has increased very rapidly. But this demand has increased only for some software. The other software tools are following the same pace.
4. Medical
The medical sector has seen a rapid boom this year. The demand for medicines has increased, and we have never seen such a rise in previous years. The truth is that this field can never see a decline. There are very few chances that we will see even a slight fall in this field.
5. Nutrition And Well Being
This industry is somewhat different from the medical field. The demand for nutrition and good health increased dramatically as the health concerns arose this year. Yoga and meditation also come in this field. The industry is hoped to boom in the coming years as we all will face new diseases in the future.
6. Education
Education is an ever-green field, which has grown a lot this year. People love to learn about current issues and tech trends on the internet. Instead of going through the traditional book, they all love to download ebooks. With that trend on the rise, the education sector will also grow in the future.
7. Home Organizing
Everyone loves to organize the place where he or she lives. Home organizing includes all the interior designing, exterior designing in several formats. Gone are the days when people love to reside in old fashioned houses. Today, the home organizing industry is growing, and that too at a quick pace.
8. Personal Finance
9. App Development
App development is a significant part of the software industry, but it is still a little different. People are getting attracted towards apps as smartphones have taken over this world. Now everyone spends most of the time in apps. Therefore, the demand for app development is increasing.
10. Internet
The internet industry is growing very fast. This industry is such that it has never seen a decline. All internet companies in India have shown their best performance in just a few years. If people want to progress, they will have to connect to the online world. This industry will also grow in the future.
Final Thoughts
Reference UrlStartup Paisa
