9 Most Perspective Industries for Startups in 2019: Research by Quantometrica Startup Studio
Being a studio that gives its portfolio startups access to global markets, we in Quantometrica pay great attention to comprehensive market research. In our 2019 Global Startup Ecosystem Report for Europe, Middle East and Asia based on massive amounts of data from startups and world economic organizations, such as OECD, we examine the long term global startup trends and analyze areas and key cities for startup ecosystem development.
In this report our analysts which come from a variety of backgrounds such as technology, finance and communications, are trying to answer some answering strategic questions for startup community such as what areas are the most perspective for launching a startup in 2019 or where should I be present as investor to benefit from the fastest growing startup market?
Herewith we'd like to share with you some results of our research highlighting 9 most perspective industries for startups in 2019:
9. Insurance Policy Investing and Micro- Insurance
We all pay for some type of insurance, often never having a claim. Auto insurance is a must in many European and Asian countries. What if the money you spend on insurance also becomes an investment? Your insurance company could allow you to choose an investment strategy and performance can be automated through a Robo Advisor that everyone can profit of. Also, growing healthcare costs make both individuals and companies seek alternative ways of sustaining their health. Thus, Micro-Insurance is gaining more ground than ever. Micro-Insurance products offer coverage to low-income households or to individuals who have little savings and are tailored specifically for lower valued assets and compensation for illness, injury or death.
Annual Revenue Growth (2015- 2018): 1.3%
8. Organic SPAs
Wellness and eco-friendly product trend recently combines in an idea of organic SPA and beauty salons. These SPAs and salons besides from using only organic products also support recycling and zero-waste trends.
Annual Revenue Growth (2016- 2018): 1.3%
7. Robo Advisor
When taking into account the lack of performance and the high fees of the real financial advisors, various fintech companies formed robo advisors, a complex computer- algorithm that does most of the important things that financial advisers do, only for a lot less. At its core, robo advisors help construct, adjust, manage, and optimize a portfolio. For a person 20 years away from retirement, the robo advisor might recommend more risky assets such as stocks in a portfolio, while for a person who is just a few years away from retiring; a robo advisor might suggest more conservative options such as a bond-heavy portfolio.
Annual Revenue Growth (2016- 2018): 2.2%
6. Elderly Care
Businesses are finding innovative ways to care for the large population of aging Baby Boomers. The industry generated more than $50.7 billion in revenue in 2017, a figure IBIS expects to increase by about 42 percent by 2022.
Annual Revenue Growth (2016- 2018): 2.3%
5. Investing in Real Estate
It is an apparent tendency worldwide that less and less investors prefer dealing with actual real estate and becoming a landlord. Nowadays, investors can simply delegate their money to the third party who buys commercial properties and allows investors to invest small sums of money. You may own part of a commercial real estate project, but you don't even see or deal with the property itself. Despite the risks, this area is getting popular in the US, Europe and India.
Annual Revenue Growth (2016- 2018): 2.5%
4. Beauty Tech (Customized, Personalized and Organic beauty products)
The integration of tech and the beauty business is resulting in a wave of new, innovative products. Beauty tech is a basically using AI methods to create a cosmetic product that meets all the expectations of a customer. It's a huge opportunity:
Annual Revenue Growth (2016- 2018): 4.2%
The technology is now available to meet consumer demand for great-tasting foods that use proteins from nontraditonal sources. The market accounted for $4.2 billion in 2016 and is expected to grow 6.8 percent between 2017 and 2022, according to Research and Markets.
Annual Revenue Growth (2016- 2018): 4.5%
2. Wineries (Personalized wine subscription services and Wine E-commerce)
Though adult beverages industries – both wineries and craft breweries – have not been growing rapidly during recent years, China is skyrocketing in wine and beer consumption with an overall around 20% growth. Global, particularly American and Chinese, wine drinkers are developing stronger wine preferences which lead to the rising of a per capita consumption. Also, a service called "wine box" (annual subscription on different types of wine samples delivered to your place) is gaining momentum in the US, Europe and Asia.
Annual Revenue Growth (2011- 2016): 4.9%
1. Corporate Wellness Services
CWS provide companies and workspaces with low-cost and convenient alternatives to healthcare programs usually through wellness fairs, fitness offerings or just consulting. As healthcare costs rise for corporations, more and more companies reach out CWS in order to prevent excessive costs on healthcare. Healthy employees simply cost less; hence such preventive measures are getting more in demand.
Annual Revenue Growth (2011- 2016): 9.8%
To download free full version of the Quantometrica 2019 Global Startup Ecosystem Report for Europe, Middle East and Asia follow the link: