In the business world, there has been a continuous search for unique ideas, but in the last five years, the pattern of the search for business ideas has changed. Before starting a career as an entrepreneur, Generation Zad is becoming more and more attracted to the business idea, which is more likely to use modern technology. Generation Zad is attracting most of the new trends from the Agro sector to the Service sector and e-commerce business. The main reason for this is that many types of surveys have come out recently regarding the future of these sectors. In these, the future growth of these sectors is seen as positive. Investors are also trusting the unique idea of different businesses in these sectors.
So today we will talk about some ideas that will be in trend in 2020
1.) Subscription Box
This business idea, which makes the customer unique shopping experience, is being liked more in countries with a growing economy like India, where the number of the middle class and the lower middle class is more than 60 percent. Actually, in this business, anyone sector is selected and its different products are delivered and placed in the same box according to customer demand. Different subscription packages are provided in these boxes.
2.) Machine Learning
If you talk about a technology based startup, then you can list ideas like machine learning or AI advance. The growth of technology related startups has been more than 28% in the last one year. Especially companies related to AI, VR, machine learning and data analysis. At the same time, demand for services like chatbot and virtual assistant has also increased by more than 18% during the last year. Demand for technologically based service is increasing most in India and China including America.
3.) V-Farming
The growing awareness towards organic food and health has made various businesses in the Agritech sector quite popular. In these businesses, the idea that is expected to be the most trending in the coming days is vertical or V-Farming. This farming idea related to Agritech sector is also in trend in Asia along with America. Growth of v-farming business, especially in urban areas, is expected to be around 24% worldwide by the year 2026. As of 2018, the market size of the V-Farming business was around 3 billion dollars annually. Whereas by 2026 it is estimated to be $ 12.5 billion.
4.) E-Vehicle
Electric vehicle policy is constantly being promoted in India. As a result, this sector is becoming very popular among entrepreneurs. Whether it is a manufacturing section or service sector connected to it. In the last two years, the vehicle which has trended most in India in this sector is e-rickshaw. These vehicles using lithium batteries are likely to be included in the business. Several agencies that have researched the Indian electric vehicle, especially the e-rickshaw market, have estimated the market to be over $ 86 million by the year 2024. Therefore, manufacturing an electric rickshaw or its dealership may be a better option for the start of your business career.
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Thank you for sharing the post its really knowledgeable.
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Your love is always appreciate
DeleteNice blog. Very useful information. Business news update is also one of the best who provides online business ideas. This blog is impressive and gives good details. Thank You! Keep Posting!
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