Startup Industries To Keep An Eye Out For In 2019

While the year 2018 was all about major acquisitions and controversies, the year 2019 will be about discovering new fields and embracing different startups. From the beauty industry to virtual reality, here are the hottest areas for startups in the coming year!

1. Personalized nutrition 

Diet conscious individuals the world over are slowly realising there is no one diet which can help you lose weight. With over 15 million people around the world going through genetic testing to see what diet suits them best, it comes as no surprise that the next hot industry in town is the nutrition industry! Knowing what your genetic blueprint looks like is a good way to avoid falling ill and incidentally, nutrition is also considered to be one of the major disease reducing fields. Companies like Arivale and Family Tree DNA started realising the benefits of a nutritious diet. The growth in this field is tremendous and the industry is expected to generate a revenue of $ 19.1 billion in 2021 as opposed to the $ 9.5 billion earned in 2018!

2. Drones 

While drones were initially invented for security purposes, they have gotten a lot more slick and affordable since their launch, making them accessible to the general public as well. With the potential to be used in areas like agriculture, construction, firefighting and cinematography, drones are the next big thing in tech right now! From inspecting crops to delivering goods, drones can quite literally be used in any field! At the moment, DJI is one of the major manufacturers and they upped the game by partnering with the Rwanda Government in order to deliver blood and other supplies as needed by the people in rural villages!

3. Beauty Tech

The combination of the beauty industry and the tech industry is opening the doors to innovation of a new kind. This new merger is helping in influencing the kind of products people buy and the way they buy them as well! From creating ready for pictures make up, to providing highly customised products for consumers, the beauty tech industry is definitely booming! Seed Beauty, a Los Angeles based firm, has already produced products which took the world by a storm! Another beauty company called Glossier is also doing really well in this field!

4. Digital Payments 

While Paytm set the ball rolling for digital payments, the field is picking up pace since the last year. From in app purchases, to mobile payments, to enabling online purchases, digital payments have simplified the process of online transactions. In fact, since the rise of cryptocurrencies, online transactions have become extremely simple and also opened the doors to a new form of payment!

5. Flipping websites 

Flipping websites is a new trend which is growing with a steady and fast rate! A quick and easy way to make money, website flipping works in a way which lets you make money by selling domains or websites on existing websites. Almost an art which involves specific research, one can either auction the domain or sell the entire website on different platforms for a particular price. With websites like Flippa.com and FreeMarket.com on the rise, there is an increase in startups like these!

With startups branching toward different ideas, the year 2019 is going to be exciting to say the least! If you think we missed out on any other ideas like these, comment and let us know!