61% of firms using virtual/augmented reality technology have increased customer satisfaction metrics as a result. 55% of organizations that believe CX is their

What are the best business ideas in 2020?

To help, I’ve pulled together fastest growing business ideas for anyone who wants to run their own business. Use these as a jumping off point to spark your own unique ideas.

And if all else fails, live the words of Airbnb Co-founder Brian Chesky:

If we tried to think of a good idea, we wouldn’t have been able to think of a good idea. You just have to find the solution for a problem in your own life.

1.Artificial Intelligence (AI)

Artificial Intelligence has taken the world by a storm. Machine learning and AI have become an essential part of our lives, from “Hey Siri” entering with us on live chat to self-driving cars technology. The future of AI looks bright, in fact, the growth of AI should more than double revenue to become a USD 12.5 billion industry.

2.Blockchain

Blockchain is an emerging treasure box for entrepreneurs, especially with its rapid growth rate. According to Gartner, by 2023, blockchain will support the global movement and tracking of $2 trillion of goods and services annually.

3.Digital Transformation

The experience of customers is the heart of the digital world. Therefore, the more customers engaged, the more opportunities harness data insights as just a few of the benefits that digital transformation brings.

4.Mobile App Development

And 77% of smartphone shoppers are more likely to purchase from companies whose mobile sites or apps allow them to make purchases quickly. The above statistics indicate that mobilizing is not a choice anymore! Mobile apps have become the fastest growing industries and the most effective tools to engage with customers.

5.Website development

Website development is the fastest growing industry as a tool for business development. But, many of us do not know how important a website holds in the growth of a business. Let’s face it, website services have tremendously changed how the business industry works.

6.Robotics Automation

Robotic automation offers manufacturers growing opportunities to save on costs, enhance production, and remain competitive. The return on investment can equal growth that not only increases profits but creates jobs for a community and savings for customers.

7.Get to work!

Selecting a business idea is a personal decision. But it can be helpful to bounce ideas off your friends and family. Don’t be afraid to ask for help throughout this process — and remember to have a little fun while you’re putting in the work.

If you need professional consultation, feel free to visit our blog 5+ Fastest Growing Industries | Best To Start A Business 2020 ! We are outsource software development company that has extensive experience in many services. Glad to here your questions!