10 hottest industries for tech startups in 2015

2015’s Hottest Industries for Tech... It’s easy to be intimidated by bleak statistics, where 8 out of 10 new businesses fail within the first 18... Although it’s easy to get discouraged

2015’s Hottest Industries for Tech

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

Although it’s easy to

get discouraged by

scar y stats, there are

many industries where

business is booming

Before you take the

leap, consider these

top 10 tech industries

for 2015

1 Internet of Things

T h e r m o s t a t s t h a t l e a r n y o u r

h a b i t s , s e c u r i t y s y s t e m s

c o n t ro l l e d v i a s m a r t p h o n e ,

b i o m e t r i c s t h a t t r a c k h e a l t h

& w e l l n e s s : t h i s i s t h e

I n t e r n e t o f T h i n g s I t

i n c l u d e s a n y d e v i c e t h a t

t r a n s m i t s d a t a o v e r a

n e t w o r k

P r o j e c t e d g r o w t h : W i t h a n

e s t i m a t e d 2 6 b i l l i o n u n i t s

i n s t a l l e d i n t h e n e x t 5 y e a r s ,

2 t h e i n d u s t r y i s e x p e c t e d t o

g e n e r a t e $ 1 4 4 t r i l l i o n n e t

p r o f i t b e t w e e n 2 0 1 3 - 2 0 2 2 3

E d u c a t i o n i s

e m b r a c i n g o n l i n e

c l a s s e s , t u t o r i a l s ,

h e l p c e n t e r s &

t r a i n i n g p ro g r a m s f o r

p re - K — h i g h e r e d

P r o j e c t e d g r o w t h :

T h e i n d u s t r y b o a s t s

a 4 4 % a n n u a l

g ro w t h r a t e ; c l o u d

-b a s e d l e a r n i n g

s o l u t i o n s a re

e s p e c i a l l y p o p u l a r

w i t h a 9 % g r o w t h

r a t e 4

2 Education Technology

3 Mobile Apps

A d d i c t i v e g a m e s , s o c i a l a p p s , & b u s i n e s s t o o l s h a v e

b e e n h o t f o r y e a r s , a n d t h e i n d u s t r y s h o w s n o s i g n s o f

s l o w i n g i t s u p w a rd t re n d

P r o j e c t e d g r o w t h : G l o b a l s p e n d i n g i s e x p e c t e d t o h i t

$ 3 5 b i l l i o n i n 2 0 1 5 5

4 Wearable Tech

S m a r t w a t c h e s , s m a r t

c l o t h e s , a u g m e n t e d

re a l i t y g l a s s e s : w e a r a b l e s

m o n i t o r e v e r y t h i n g f ro m

o u r s l e e p c y c l e s t o o u r

d a i l y a p p o i n t m e n t s ,

k e e p i n g a w e a l t h o f

i n f o r m a t i o n a t o u r

f i n g e r t i p s

P r o j e c t e d g r o w t h : T h e

i n d u s t r y i s e x p e c t e d t o

g ro w 4 0 8 % a n n u a l l y,

b e c o m i n g a $ 5 8 b i l l i o n

i n d u s t r y b y 2 0 1 8 6

5 Business Apps

A s m o b i l e d e v i c e s o v e r t a k e l a p t o p s a s b u s i n e s s t o o l s , c l o u d

-b a s e d a p p s t h a t h e l p p e o p l e w o r k o n t h e g o & c o n n e c t t o

re m o t e c o l l e a g u e s a re i n c re a s i n g l y p o p u l a r

P r o j e c t e d g r o w t h : G a r t n e r p re d i c t s E n t e r p r i s e s o f t w a re

s p e n d i n g w i l l g ro w 7 3 % i n 2 0 1 5 t o re a c h $ 3 4 4 b i l l i o n 7

6 Mobile Health

A s t h e d e m a n d f o r a ff o rd a b l e a n d a c c e s s i b l e h e a l t h c a re g ro w s ,

m o b i l e d e v i c e s & w i re l e s s t e c h n o l o g y s u p p o r t m e d i c a l c a re i n

a ro u n d t h e g l o b e

P r o j e c t e d g r o w t h : T h e m H e a l t h m a r k e t i s e x p e c t e d t o

q u a d r u p l e o v e r t h e n e x t f i v e y e a r s , f ro m $ 1 4 5 b i l l i o n i n 2 0 1 5 t o

$ 5 8 8 b i l l i o n i n 2 0 2 0 8

7 Automated Guided

Vehicles

M a c h i n e s t h a t a u t o m a t e

w a re h o u s e l o g i s t i c s , l i k e

ro b o t s f i l l i n g o rd e r s o r

p re p p i n g s h i p m e n t s , m a k e

b u s i n e s s e s m o re e ff i c i e n t

P r o j e c t e d g r o w t h : T h e

g l o b a l m a r k e t f o r

i n d u s t r i a l ro b o t i c s i s

e x p e c t e d t o re a c h $ 3 2 8

b i l l i o n i n 2 0 1 7 9

8 Data Protection &

Recovery

M o b i l e d e v i c e s n o w o u t n u m b e r h u m a n s 1 0 W i t h s o m u c h d a t a

g e n e r a t e d d a i l y, t h e re ’s h i g h d e m a n d f o r c o m p a n i e s t h a t a s s i s t

c r i m i n a l i n v e s t i g a t i o n s , re c o v e r l o s t / c o r r u p t e d f i l e s , o r p ro t e c t d a t a

f ro m i l l e g a l a c c e s s

P r o j e c t e d g r o w t h : T h e c y b e r s e c u r i t y m a r k e t i s e s t i m a t e d t o g ro w

9 Big Data Analytics

I n o rd e r t o a c t o n m o u n t a i n s o f c o n s u m e r d a t a , m o re

c o m p a n i e s t u r n t o a n a l y t i c s s e r v i c e s A s t h e I n t e r n e t o f T h i n g s

i n d u s t r y g ro w s , a n A n a l y t i c s o f T h i n g s m a r k e t w i l l a l s o a p p e a r

P r o j e c t e d g r o w t h : T h e i n d u s t r y i s f o re c a s t e d t o re a c h $ 1 2 5

b i l l i o n w o r l d w i d e i n 2 0 1 5 1 2

10 Mobile Payments

M o b i l e d e v i c e s a re n o w f u l l

-o n m u l t i - t -o -o l s , a n d s e r v i c e s

l i k e Ve n m o , A p p l e P a y,

S q u a re C a s h , & o t h e r s a re

c a p i t a l i z i n g o n t h e

c o n v e n i e n c e o f d i g i t a l

p a y m e n t s

P r o j e c t e d g r o w t h : M o b i l e

-b a s e d p a y m e n t s i n t h e U S

a re p re d i c t e d t o g ro w f ro m

$ 5 0 b i l l i o n t o d a y t o $ 1 4 2

b i l l i o n i n v o l u m e b y 2 0 1 9 1 3

Click for must-read startup advice

Vi s i t t h e Wr i k e b l o g f o r t h e t i p s y o u n e e d t o h e l p y o u r

b u s i n e s s f l o u r i s h :

7 S t r a t e g i e s f o r F u n d i n g Yo u r S t a r t u p

Av o i d i n g t h e M o s t C o m m o n R e a s o n s S t a r t u p s F a i l

T h e U l t i m a t e L i s t o f L e g a l R e s o u rc e s f o r S t a r t u p s

Ready to grow your startup?

Wrike.com