Building a business empire and maintaining the growth is quite a challenging task for each businessman. But taking up the challenge and becoming successful is a delightful feeling. There are so many people around the globe, who are planning to step into the business world. But before stepping in, analyzing the current scenario and picking up the right business is a tough decision to make; since it is going to decide your fate. Thus as of the year 2016 here are some of the best industries to start a business in as picked by Inc.
Drones are making a full transition from military devices to instruments used in everyday life. Unmanned aerial vehicles, which have been known mainly as a weapon of war, are expected to play increasingly key roles in business and civic affairs, from delivering packages to inspecting roads and bridges to taking fun photos. Thus this year the drone manufacture industry might have a takeoff.
Virtual reality is an artificial environment that is created with software and presented to the user in such a way that the user suspends belief and accepts it as a real environment. The simplest form of virtual reality is a 3-D image. As the technology is growing day by day virtual reality is also getting more consumers. Thus for anyone who is all set to launch a business in 2016, this will be one of the most promising industries.
Artificial intelligence (AI) is the intelligence exhibited by machines or software. It is also the name of the academic field of study which studies how to create computers and computer software that are capable of intelligent behavior. The use of technology has grown further from self driven cars to other automated machines the use of artificial intelligence has become an integral part of business. Thus this will be one among the largest industries in 2016.
Food Analytics and Tech
As the era is dominated by tech and food startups we have seen the raise of some interesting online delivery food start ups as well as fast food chains. But the recent trend is of food analytics, the sector which comes up with creative kitchen utensils and devices which helps in making cooking an easier task. The business offers sure benefits to the owner thus we can expect major development in this industry in this year.
Biometric Scanning Software
Nowadays biometric scanning softwares are being used widely, for the identification purpose. These can be processed through finger print, eye or facial scanning. These systems help in reducing risks at public and private sectors as well as works as an alternative for ID cards or Pin numbers. These technology which Prevents unauthorized use or access may be in demand in 2016 as the healthcare and construction industries will be in need of it.
Fraud Detection Software
With the help of latest technologies the hackers and online frauds have become a regular scenario. Most of these people are well aware about all the possibilities in the technology market. Thus for protecting your business and money from internet frauds fraud detection softwares are a must need. There are various companies coming up with similar software but this is also predicted to be one among the most successful industries in 2016.
Sustainable Building Materials
Another sector which might be favored in 2016 is sustainable building materials. The materials that are made of renewable resources such as bamboo, straw, dimension stone, recycled stone and recycled metal are being preferred by the consumers in the market. These buildings are also referred as green buildings since it reduces the pollution and waste in the process of construction. Thus the industry is quite promising in 2016.
Corporate or Workplace wellness is any workplace health promotion activity or organizational policy designed to support healthy behavior in the workplace and to improve health outcomes. Nowadays it is difficult to find a balance in between work and health. Thus companies which offer corporate programmes supporting health care are in trend. As the nation is tending to stay fit and successful this will be another industry which will benefit in 2016.