We are living in the era of startups and in 2019, we have some latest trends that we should watch out for. We have seen in past how some unique startup ideas turned into successful businesses. And with that, we are ready to follow the 2019 startup trends.
When the year started, we were still unsure of what this year would bring to the world of startups. But as we dive halfway through, we have a clear vision of the trends. So, here is our list of the top 5 startup trends this year. 2019 is definitely going to be a great year for the budding start-ups.
- Cybersecurity not an Option
With the recent ransomware attacks, the world has understood how important cyber security is for the millennials. We store all our important data in machines and even our paychecks get credited digitally. So any startup that provides cyber security or deals with the problems related to it is going to be a hit.
- Social Media Consulting
Did you think that social media fever is going to come down? Well, as per the latest statistics, this fever has gone up to higher limits and we don’t think it is going to come down anytime soon. So, if you are into service based startup ideas, social media consulting or a social media management services are a good option without a doubt.
- AI and Machine Learning
If you spent your last few years in developing your AI and machine learning skills, you are definitely in the latest startup trends game. Yes, all the big firms are ready to invest in machine learning and AI because this is the future. However, you should know what you are doing and your end product should be unique. A good idea here would be to think of an unsolved problem and provide plausible solutions to it.
- Healthcare and Fintech
No, we are not talking about developing a new medicine overnight. We are talking about making the healthcare services accessible to all the people on the earth. There are still many people who don’t have access to common healthcare facilities. 2019 is the year when we should get started to eliminate such social hurdles from society.
Similarly, fin-tech is one of the latest startup trends because it is critical to provide financing to all the eligible individuals and firms. Thankfully, the government is working on these aspects carefully. By the end of the year, we can expect a lot more startups in these sectors.
Though a lot of wearable gadgets came up earlier itself, there is still room left for more in 2019. Yes, wearables are again one of the most innovative startup trends in 2019. This time, the innovators are not only focusing on tracing your fitness, but they would also provide health care facilities on the go.
There are rumors that companies are working on stress management through wearable gadgets. If that turns out to be true, we might be able to eliminate suicides and depression cases to a great extent.