2020 New Business Trends of the Future to Know About
We’re almost in the third decade of the Twenty-First Century, business is accelerating as a combination of changes in technology and society coming together. Some of these changes are global, such as the continued rise of Asia and the Western world’s aging. Others affect us on a personal level. All of them will have a big impact on our businesses and the way we work.
Many of these business future trends have been predicted for some time. It’s the availability of the cheap computing power that’s delivering many of the promises made by technology over the last thirty years. These are worth examining more closely.
2020 is shaping up to be a truly generation (..). We’ve got the U.S presidential elections, the Tokyo Olympics, NASA’s Mars rover mission, and even the completion of the world’s tallest building.
Do you always miss the business trends of the future or catch up on them when it’s too late? We are halfway through 2019, which means it’s time to start gearing up for 2020. Nowadays, the only way to stay in the game is to stay ahead of it.
What are the business trends for 2020?
Some trends are already highly debated: Society is getting ever older, green awareness is increasing, national wealth is distributed more unequally and the middle class is shrinking. But which will define the business of future consumer? One thing is for sure: There is not just one, all- dominant mega trend. And not everything in the next ten years is predictable – just like it was in the previous ten years.
2020 is shaping up to be a truly generation-defining year across the spectrum, from politics, to sport, to science and beyond. We’ve got the U.S presidential elections, the Tokyo Olympics, NASA’s Mars rover mission, and even the completion of the world’s tallest building. What’s more, the trends shaping the corporate innovation landscape in 2020 are set to be just as earth-shaking. So here you have the top ten future business of the world in 2020.
The top 10 business trends in 2020 will be:
Robots taking our jobs
Probably the biggest change that will affect businesses is how machines are taking over tasks, going from window cleaning to inventory management. Anyone with a transaction based job or business will be having a forced career change before the end of the decade.
The Internet of machines
Those robots and computers are talking to each other which speeds up business decisions and will strip layers of management from organizations.
A consequence of those faster decisions is the need for less management. Organizations need to be flatter in order to process information faster unless they want to risk nimble competitors seizing business opportunities.
One of the most exciting, and business changing, technologies is 3D printing which allows you to print a coffee cup at your desk, help robots construct new buildings and a give a little boy a set of fingers.
The 3D printing is happening alongside biological engineering. By the end of the decade, we’ll be able to print our own skin. By 2030, we’ll be printing replacement body parts like heart valves.
Mobile apps redefining service industries
The mobile phone app is currently booming but the real effects of these mobile services will be felt on industries as diverse as the taxi industry to the laundry sectors.
The fight for control of the mobile payments system
An upshot of the app economy is the question of who processes, and makes money, from online payments. The battle between banks, credit card companies, telcos and software companies is going to be a major business story of the decade.
Apps and connected machines are going to change consumer behavior and nowhere is this more notable in the entertainment industries which are being revolutionized by tools like Google Glasses and social media.
The fall and rise of social media
Like many innovations social media was greatly hyped and now we’re seeing the backlash of it being oversold. Over the rest of the decade organizations are going to figure out how to use social media services effectively and profitably without hype.
Newspapers cease to exist
One of the effects of social media, mobile phone apps and the pervasive internet is the end of newspapers by 2020 as futurist Ross Dawson has predicted.
What businesses are booming?
With over 2.7 billion smartphone users across the world, it’s no surprise that the mobile app industry is thriving. Smart companies have use this data to transform their businesses, so apps are high booming business nowadays, you can see the list of 10 hottest Apps that you can adapt to your local business. But come on! Do you want to know the best business ideas of the future?
1. CMIT Solutions
CMIT Solutions offers a technology team to meet the IT needs of businesses so they can focus more on their core business tasks rather than worry about IT issues, which is why the company name stands for Completely Managed IT Solutions.
Core offerings include Managed IT Services for dependable, proactive, flat-rate IT support to keep systems up and running 24/7; Backup and Recovery Services to protect and preserve critical company data; and Cyber Security Services to provide multi-layered defense and comprehensive protection from malware, hackers, viruses, and the human error factor among employees.
2.The UPS Store
The UPS Store is the top-ranked franchise in the business services industry. It boasts financial stability, brand recognition, and dedicated training and support -- and 84% of the U.S. population lives within 10 miles of a The UPS Store.
3. Wireless Zone
Mobile technology is more than a way to communicate, making it a necessity in our daily lives. At Wireless Zone, they ’re dedicated to finding the right device for you, your family, your business and your lifestyle. Their stores offer competitive prices on today’s most popular smartphones, devices and accessories with award-winning customer service. Whether you are a small business, a big family or just need a new device, Wireless Zone can help.
4. Mobile City App
Mobile App City’s vision is to be the world leader in mobile applications, enabling entrepreneurs to increase their profits and reduce expenses through technology.
The company was founded in 2011 and today has over 80 licensees globally providing a whole range of digital media services to businesses. The founders have over 20 years’ experience in business, franchising and licensing particularly in the business to business professional services industries.
5. Mr Jeff
Mr Jeff is a technological company with worldwide presence that solves people's day to day problems such as doing laundry or ironing. It implements constant progress and improvement in all of its processes due to its commitment to continuously innovate. Right now it is one of the companies with most success in the laundry sector, it has franchise in the majority of the Asian countries, that's because of having a new and innovative business model.
If you want to know more about Mr Jeff Laundry Franchises Company and its revolutionary Business Model, click here, and you will receive your dossier for FREE with all the information about the franchise and the investments fee to open your Mr Jeff Point.
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- What business can I start with $30k? - 2020 Guide
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- Top 10 Ideas to Start a Business with Low Investment and High-Profit