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10 Hottest Industries for Tech Startups in 2015

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10 Hottest Industries for Tech Startups in 2015

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https://www.wrike.com/blog - There are 10 hot industries for tech startups where business is booming right now. Expect to ride the wave if you're about to launch your business within industries such as: Internet of Things, wearables, mobile payments, and more.

https://www.wrike.com/blog - There are 10 hot industries for tech startups where business is booming right now. Expect to ride the wave if you're about to launch your business within industries such as: Internet of Things, wearables, mobile payments, and more.

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10 Hottest Industries for Tech Startups in 2015

  1. 2015’s Hottest Industries for Tech
  2. Starting a new business is an exciting prospect — and a daunting one. It’s easy to be intimidated by bleak statistics, where 8 out of 10 new businesses fail within the first 18 months.1 
 
 BUT... Wrike.com Where Work Gets Done.
  3. Although it’s easy to get discouraged by scary stats, there are many industries where business is booming. Before you take the leap, consider these top 10 tech industries for 2015. Wrike.com Where Work Gets Done.
  4. 1. Internet of Things Thermostats that learn your habits, security systems controlled via smartphone, biometrics that track health & wellness: this is the Internet of Things. It includes any device that transmits data over a network. Projected growth: With an estimated 26 billion units installed in the next 5 years, 2 the industry is expected to generate $14.4 trillion net profit between 2013-2022.3 Wrike.com Where Work Gets Done.
  5. Education is embracing online classes, tutorials, help centers & training programs for pre-K — higher ed. Projected growth: The industry boasts a 4.4% annual growth rate; cloud- based learning solutions are especially popular with a 9% growth rate.4 2. Education Technology Wrike.com Where Work Gets Done.
  6. 3. Mobile Apps Addictive games, social apps, & business tools have been hot for years, and the industry shows no signs of slowing its upward trend. Projected growth: Global spending is expected to hit $35 billion in 2015.5 Wrike.com Where Work Gets Done.
  7. 4.Wearable Tech Smartwatches, smart clothes, augmented reality glasses: wearables monitor everything from our sleep cycles to our daily appointments, keeping a wealth of information at our fingertips. Projected growth: The industry is expected to grow 40.8% annually, becoming a $5.8 billion industry by 2018.6 Wrike.com Where Work Gets Done.
  8. 5. Business Apps As mobile devices overtake laptops as business tools, cloud- based apps that help people work on the go & connect to remote colleagues are increasingly popular. Wrike.com Where Work Gets Done. Projected growth: Gartner predicts Enterprise software spending will grow 7.3% in 2015 to reach $344 billion.7 Click  here  for  tips  and  tools  to  manage  your  remote  team!
  9. 6. Mobile Health As the demand for affordable and accessible health care grows, mobile devices & wireless technology support medical care in around the globe. Projected growth: The mHealth market is expected to quadruple over the next five years, from $14.5 billion in 2015 to $58.8 billion in 2020.8 Wrike.com Where Work Gets Done.
  10. 7. Automated Guided Vehicles Machines that automate warehouse logistics, like robots filling orders or prepping shipments, make businesses more efficient. Projected growth: The global market for industrial robotics is expected to reach $32.8 billion in 2017.9 Wrike.com Where Work Gets Done.
  11. 8. Data Protection & Recovery Mobile devices now outnumber humans.10 With so much data generated daily, there’s high demand for companies that assist criminal investigations, recover lost/corrupted files, or protect data from illegal access. Projected growth: The cyber security market is estimated to grow 10% annually, from $95.60 billion in 2014 to $155.74 billion by 2019.11 Wrike.com Where Work Gets Done.
  12. 9. Big Data Analytics In order to act on mountains of consumer data, more companies turn to analytics services. As the Internet of Things industry grows, an Analytics of Things market will also appear. Projected growth: The industry is forecasted to reach $125 billion worldwide in 2015.12 Wrike.com Where Work Gets Done.
  13. 10. Mobile Payments Mobile devices are now full- on multi-tools, and services like Venmo, Apple Pay, Square Cash, & others are capitalizing on the convenience of digital payments. Projected growth: Mobile- based payments in the U.S. are predicted to grow from $50 billion today to $142 billion in volume by 2019.13 Wrike.com Where Work Gets Done.
  14. Click for must-read startup advice Visit the Wrike blog for the tips you need to help your business flourish: 7 Strategies for Funding Your Startup Avoiding the Most Common Reasons Startups Fail The Ultimate List of Legal Resources for Startups Ready to grow your startup? Wrike.com Where Work Gets Done.
  15. Wrike.com Sources: 1. www.forbes.com/sites/ericwagner/2013/09/12/five-reasons-8-out-of-10-businesses-fail/ 2. http://www.gartner.com/newsroom/id/2684616 3. http://postscapes.com/internet-of-things-market-size 4. https://www.docebo.com/landing/contactform/elearning-market-trends-and-forecast-2014-2016-docebo-report.pdf 5. http://www.statista.com/statistics/236519/global-spending-on-mobile-apps-since-2009/ 6. http://globenewswire.com/news-release/2014/09/19/667176/10099303/en/Global-Wearable-Technology-Market-to-Be-Worth-US
 D-5-8-billion-by-2018-Transparency-Market-Research.html 7. http://www.gartner.com/newsroom/id/2783517 8.http://www.statista.com/statistics/295771/mhealth-global-market-size/ 9. http://www.roboticsbusinessreview.com/pdfs/SupplyChainRBR_B.pdf 10. http://www.techtimes.com/articles/17431/20141008/mobile-devices-now-outnumber-humans-report.htm 11. http://www.marketsandmarkets.com/PressReleases/cyber-security.asp 12. http://www.forbes.com/sites/gilpress/2014/12/11/6-predictions-for-the-125-billion-big-data-analytics-market-in-2015/ 13. http://bits.blogs.nytimes.com/2014/11/17/u-s-mobile-payments-market-to-boom-by-2019-research-firm-says/?_r=0

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