Technology has come a long way, and it will only get better. Technology is part of our everyday lives, from cellphones to computers to electronic watches. Everyone wants the latest and greatest smartphone, the fastest laptop, the best headphones. This is great news for anyone who wants to start a business in the tech industry. But many tech startup ideas exist. How do you choose just one? We can help you narrow it down. Below are Burden Agency’s top ten tech startup ideas.
Top Ten Tech Startup Ideas
A data and analytics firm, App Annie, recently found consumers spend an average of 4.2 hours on apps every day. As smartphones grow increasingly more popular, this trend will likely continue. People use apps for nearly everything, from watching exercise programs to gaming. If you have an idea for a new app that will resonate with your target audience, this may be a good choice for you.
Businesses need websites today more than ever. Many consumers find businesses through the internet. In 2019, WebFX found 97% of potential buyers review a company’s online presence before shopping there. Because websites often shape consumers’ first impressions, it is crucial for businesses to have well-designed landing pages and compelling copy. If you have an eye for website design, consider entering this lucrative industry.
Artificial Intelligence (AI)
Artificial intelligence refers to computer systems performing tasks usually only humans can. For instance, Siri can search the internet, and chatbots on websites can answer questions. AI programs can even write blog posts! Fortune Business Insights states professionals expect the global AI market to reach $267 billion by 2027. For those who love sci-fi and technology, the AI industry is a dream come true.
Virtual Reality (VR)
Statista states the virtual reality market may reach $16 billion by 2022. Virtual reality games are more common now than ever, with gaming consoles like the PlayStation offering VR headsets for a more immersive experience. VR may also be used for learning. One professor at my college uses VR to take students through simulated archeological digs.
More and more busy Americans consume content on the go. In March 2020, Edison Research found 104 million Americans regularly listen to podcasts. For those ambitious business owners who can find a niche topic with a large target audience, podcasting can be fun and profitable.
While it’s important for businesses to have an eye-catching website design and compelling copy, none of those things matter if consumers can’t find them online. SEO (search engine optimization) experts help drive more traffic to websites. By researching keywords and other data, professionals in the field ensure their customers’ content, such as landing pages and articles, shows up in online search results. The SEO industry is now worth more than $80 billion, and its value will likely increase.
Statista found 2.14 billion global online buyers exist in 2021. E-commerce saw growth during the recent pandemic as physical stores closed worldwide. Now the industry has the chance to continue the growth it saw this past year, and you can be a part of it.
PR Newswire said data suggests the drone market’s worth will be $43 billion by 2024. As companies like Amazon experiment with drone deliveries and the federal government continues developing this technology for warfare, the industry should continue growing.
According to the Entertainment Software Association, 214 million Americans in 2020 played video games. Influencers on YouTube play video games for views. Every day Janes and Joes use video games as a way to unwind and socialize with friends. While this industry requires talented game developers and story writers, this tech startup idea can be highly rewarding for those who find the right team.
The global cybersecurity market was worth $167.12 billion in 2020. As cyberattacks grow more sophisticated and hackers continue their nefarious schemes, this industry will only increase in value. With the recent cyberattack on one of America’s biggest gas pipelines, the need for online safety is in the back of most people’s minds. It’s a good time to enter this market.
Final Thoughts About Tech Startup Ideas
Technology is a wonderful industry, and now is a great time to start a company. We hope these tech startup ideas inspired you to enter this field. Seize the day. Tech startups are the future.
If you need help marketing and scaling your startup, book a call with our experts today! And don’t forget to share these tech startup ideas with other business owners.