Large companies have apparently cut around four million jobs since the year 1990, while small businesses have helped create eight million, the Small Business Administration said. Here are some of the most promising industries where you might want to consider delving into and are also ripe for disruption, according to CNBC.
1. Drones
IoT Agenda describes drones as flying robots. They are more formally known as unmanned aerial vehicles (UAV). The aircraft may be controlled remotely or can fly autonomously through software-controlled flight plans in their embedded system working with GPS. Drones are used for search and rescue, surveillance, traffic monitoring, weather monitoring and fire fighting and has also being associated with the military. And since drones remain imperfect, disrupting the industry with better working machines is a good idea.
2. Food
CNBC says that food is fun and important - and both aspects can indeed be profitable. There are endless ways to improve the "fun" part through innovation, and as well as the "important" part by ensuring the safety of what we shove into our mouths.
3. Babies
The U.S. birth rate is on the rise, and the millennial parents want their babies to be supreme. Databaseportal Statista has predicted that baby product markets that sell globally could grow to $67 billion next year. Parenting magazine has also estimated that parents spend $50 a week just on diapers, baby food and formula - which results to about $200 a year. If you can figure a way out to rebuild the diaper to maximize its use, then go ahead and disrupt this industry.
4. Health
The industry of corporate health and wellness is a nonstop growing one, for the companies have become more concerned towards the well-being of their workers. One of the most important things for them nowadays is the employers who are down for a long-term relationship with them while being healthy and happy at work.
