The Kickass Entrepreneur
  • About
  • Blog
    • All Blogs
    • Create Wealth (Investing)
    • Entrepreneur Interviews
    • Featured Top Posts
    • Growing Profits
    • Growing Revenues
    • Marketing
    • Positive State of Mind
    • Real Estate Investing
    • Retirement
    • Sales
    • Selling your Business
  • Book
  • Courses
  • Podcast
  • Resources
  • Contact
The Kickass Entrepreneur
Subscribe
The Kickass Entrepreneur
  • About
  • Blog
    • All Blogs
    • Create Wealth (Investing)
    • Entrepreneur Interviews
    • Featured Top Posts
    • Growing Profits
    • Growing Revenues
    • Marketing
    • Positive State of Mind
    • Real Estate Investing
    • Retirement
    • Sales
    • Selling your Business
  • Book
  • Courses
  • Podcast
  • Resources
  • Contact
  • Growing Profits

Top 3 Sectors Set to Thrive in 2021

  • February 19, 2021
  • 953 views
  • 3 minute read
  • Meg Rivera
man using laptop in the office
Share
Tweet
Share

Are you considering setting up a business in the next year? Times are changing fast and increased digitalization is pushing forward a new range of sectors.

Top 3 Sectors Set to Thrive in 2021

Entrepreneurs need to move fast to find the right sector for them and to capitalize on it, ensuring they keep up with the pace as well. Some of the hottest sectors right now are online gambling, eCommerce, and blockchain.

Each with positive forecasts and high rates of growth, they provide startups with ample potential for the future.

Online gambling

The online gaming and gambling industry is experiencing a period of impressive growth, especially in places like the UK.

Forecasts predict that it will be worth an impressive $160 billion a year by 2026. This is a CAGR of around 16.5% every year. Its growth is being driven by a combination of increased smartphone access and the availability of high-speed internet.

This combined with the integration of technologies such as blockchain, VR, AR, and AI means that it’s also appealing to millennials as well. Even conventionally ‘old-fashioned’ games like bingo are gaining popularity in the UK. 

Sue Dawson from Best New Bingo Sites says that ‘The game of bingo is still incredibly popular today. Real money bingo is embedded in British culture, really taking off in bingo halls back in the 1960s, and now we’ve got online bingo, a truly 21st-century phenomenon. 

Rather than being restricted to one or two local bingo halls, players have a huge choice of bingo sites to play at.”

Games like bingo as well as more modern forms of gambling such as eSports and fantasy sports are bringing the market to the fore of the digital entertainment sector.

eCommerce

Another great market to consider investing in is the eCommerce market. The aforementioned uptick in smartphone usage and access to great internet connections means that more and more consumers are preferring to shop online.

As a result, the high street is suffering and brick-and-mortar stores are either closing, downscaling, or investing more in their online offerings. There is a demand for sleek, secure online stores that provide clients with quality products at competitive prices.

There are bonus points available for incorporating blockchain technology, AI assistants, and cryptocurrency payment methods!

girl browsing through ipad

While the growth of the sector will decelerate slightly, it will continue increasing in the mid to long term, according to the World Bank. This means there will always be opportunities for savvy entrepreneurs to carve out their niche.

Blockchain

The technology that emerged due to its purpose of underpinning cryptocurrencies like bitcoin, is now finding its feet on its own. It has gone on to find multiple-use cases in sectors like payments, logistics, travel, healthcare, and education.

Smart contracts, self-executing programs that take over the need for human supervision in many cases, are being used in real estate transactions, shipping, and supply chain companies across the world.

Blockchain is also being used to register financial transactions and to facilitate them. There are countless opportunities in this sector.

Recent figures from Statista show that blockchain will be worth more than $16 billion a year by 2023 and many companies are either using it or planning to in the next three years.

Not only should startups consider using it within their operations, but there are lots of ways they can work with blockchain solutions to be profitable.

Whichever sector you choose for your next startup, remember to not get complacent. Always strive to include the latest and most popular technology in whatever you do.

Thank you for your interest in THE KICKASS ENTREPRENEUR'S GUIDE TO INVESTING. Three Simple Steps to Build Massive Wealth with your Business's Profits. Please check your email to confirm the book download. Form: 400529

There was an error submitting your subscription. Please try again.

Related Posts:

  • 7 Online Businesses Set to Thrive in 2021
  • What Businesses and Industries Will Thrive In The Next Few Years?
  • 6 Best PMI Certifications You Should Consider In 2021
  • 7 Brands to Invest in during 2021 and Why
  • 4 Online Stocks To Look Forward in 2021
  • 5 Best Small Business Software in 2021
Share
Tweet
Share
Avatar
Meg Rivera

Previous Article
  • Marketing

Best Social Media Platforms to Use for Your Business

  • February 19, 2021
  • Meg Rivera
View Post
Next Article
gold IRA
  • Create Wealth (Investing)

How to Protect Your Wealth with a Gold IRA

  • February 22, 2021
  • Monica Serreon
View Post
You May Also Like
SEO construction
View Post
  • Growing Profits

8 Benefits of using SEO for a construction company

  • April 14, 2021
  • Meg Rivera
sheet metal
View Post
  • Growing Profits

How to Successfully Kickstart Your Sheet Metal Fabrication Business

  • April 7, 2021
  • Meg Rivera
ecommerce
View Post
  • Growing Profits

Improving eCommerce Sales: Automation and 5 Other Strategies

  • April 6, 2021
  • Meg Rivera
linkedin
View Post
  • Growing Profits

15 Things You Should Never Do When Prospecting Via LinkedIn

  • April 2, 2021
  • Meg Rivera
exchange of money and invoice
View Post
  • Growing Profits

5 Processes for Subcontractors to Get Paid on Time

  • April 1, 2021
  • Meg Rivera
girl writing
View Post
  • Growing Profits

6 Tactics to Step Up Your Customer Retention Efforts

  • March 25, 2021
  • Meg Rivera
man typing
View Post
  • Growing Profits

4 Tried and Tested Ways of Driving High-Converting Traffic to Your Site

  • March 23, 2021
  • Meg Rivera
macbook
View Post
  • Growing Profits

Five Tips for Integrating an Online Store with a Physical Retail Store

  • March 16, 2021
  • Meg Rivera

Join 6,472 Entrepreneurs That Get My Business Building and Wealth Creation Posts by Email

I can teach you how to build a successful, profitable business, and turn that into millions in personal wealth.

Thank you for your interest in THE KICKASS ENTREPRENEUR'S GUIDE TO INVESTING. Three Simple Steps to Build Massive Wealth with your Business's Profits. Please check your email to confirm the book download. Form: 400529

There was an error submitting your subscription. Please try again.

We won’t send you spam. Unsubscribe at any time.

Recent Posts
  • SEO google 1
    SEO and How It Works: Guide for Beginners
    • April 15, 2021
  • Singapore 2
    Necessary Documents for Company Registration in Singapore
    • April 15, 2021
  • SEO construction 3
    8 Benefits of using SEO for a construction company
    • April 14, 2021
  • man doing stocks 4
    4 Online Stocks To Look Forward in 2021
    • April 13, 2021
  • freelancer 5
    10 Productivity Tips for Freelancers and Self-Employed
    • April 13, 2021
Featured Posts
  • How to Buy an Apartment Building
    How To Buy An Apartment Building And Make A Whopping 110% In Three Years
  • Become a Decamillionaire
    How to Become a Decamillionaire, Grow your Net Worth to $10 Million, and Join the 1% Club
  • Most Profitable Small Businesses
    27 of the Most Profitable Small Businesses to Open in 2021
Categories
  • All Blogs (214)
  • Canadian Financial Products (4)
  • Create Wealth (Investing) (57)
  • Entrepreneur Interviews (11)
  • Featured Post for Main Menu (4)
  • Featured Top Posts (21)
  • Financial and Investment Calculators and Economic Data (17)
  • Growing Profits (31)
  • Growing Revenues (75)
  • Growing Revenues (43)
  • Marketing (20)
  • Positive State of Mind (36)
  • Real Estate Investing (10)
  • Retirement (13)
  • Reviews (8)
  • Sales (11)
  • Sell Me This Pen (2)
  • Selling your Business (13)
  • Top Products (2)
  • Uncategorized (40)
Follow us
Author
Jeff Wiener
Jeff Wiener
Jeff sold his company to private equity in 2017 and is now semi-retired. Jeff spends time…

    CHECK OUT MY BLOG, AND SUBSCRIBE

    about
    The Kickass Entrepreneur

    Expand Your Business, Improve Profits, Create Wealth

    Expand your business, improve your profits, and create wealth. Each one of the three can be elusive goals. Follow the right steps, and you, too, can create financial independence. It is possible … you just have to take the right steps.
    NAVIGATION
    • About
    • Blog
      • All Blogs
      • Create Wealth (Investing)
      • Entrepreneur Interviews
      • Featured Top Posts
      • Growing Profits
      • Growing Revenues
      • Marketing
      • Positive State of Mind
      • Real Estate Investing
      • Retirement
      • Sales
      • Selling your Business
    • Book
    • Courses
    • Podcast
    • Resources
    • Contact
    TAGS
    apartment BATNA Business business failure business growth business sale Capitalization Rate CAP Rate cash cash flow Creating Wealth Discipline entrepreneur entrepreneurship excel Featured goal setting Growing Business investing investment real estate M&A marketing Marketing KPIs Mergers and Acquisitions | M&A | Entrepreneur Blog Millionaire millionaire next door mistakes MUR Negotiation Peter Principle Profit profitability real estate retirement revenue Revenues sales sales management Semi-Retirement Blog | Entrepreneur Blog | Small Business Blog small business Stagnant stocks success Thomas Stanley wealth
    RECENT ARTICLES
    • SEO google
      SEO and How It Works: Guide for Beginners
      • April 15, 2021
    • SEO construction
      8 Benefits of using SEO for a construction company
      • April 14, 2021
    • man doing stocks
      4 Online Stocks To Look Forward in 2021
      • April 13, 2021
    • freelancer
      10 Productivity Tips for Freelancers and Self-Employed
      • April 13, 2021
    • linkedin logo
      Leveraging Linkedin for Real Estate Success
      • April 12, 2021
    • man typing
      10 Tasks to Outsource Immediately for Business Growth
      • April 7, 2021
    The Kickass Entrepreneur
    • Coaching
    • Book
    • Blog
    • Contact
    • Privacy Policy
    • Terms
    • Disclaimer
    • Facebook
    • LinkedIn

    Input your search keywords and press Enter.