When starting a new business you should consider the potential industries your company may have the best opportunity to compete in.
To help with this, we’ve compiled a list of the top 4 industries that show the most promise for startups in 2020. With the right combination of determination, passion, and creativity, your profitable Agen slot joker business is just around the corner.
Why Transportation Industry Businesses are Trending
When you think of the recent advancements made in the transportation industry (self-driving Teslas, Uber, Lyft) it becomes clear that the transportation industry is hungry for growth and even hungrier for new talent.
Every person, company, and product relies on transportation daily—creating a powerful demand. As transportation becomes more intertwined with technology, there is a shift away from traditional services and towards startups with radical ideas.
Transportation industry projected growth
The ride-sharing market is expected to achieve a growth rate of more than 20 percent between 2018-2025
The global on-demand transportation market is expected to reach USD $304.97 billion by 2025 at a compound annual growth rate (CAGR) of 19.8 percent
How to Stand Out
Transportation is becoming all about ease, accessibility, and technology. In order to differentiate yourself from the industry giants, start asking yourself how your company could harness trends to alleviate current pain points.
For example, Nomad rides, a rideshare app, is attempting to beat Uber with the strategy of putting their drivers first. By charging riders 20 percent less and giving drivers 20 percent more of their profits, they have a competitive advantage that could place them on the frontline.