https://www.wrike.com/blog - There are 10 hot industries for tech startups where business is booming right now. Expect to ride the wave if you're about to launch your business within industries such as: Internet of Things, wearables, mobile payments, and more.

1. 2015’s Hottest
Industries for Tech

2. Starting a new business is an exciting
prospect — and a daunting one.
It’s easy to be
intimidated by
bleak statistics,
where 8 out of 10
new businesses fail
within the first 18
months.1
BUT...
Wrike.com Where Work Gets Done.

3. Although it’s easy to
get discouraged by
scary stats, there are
many industries where
business is booming.
Before you take the
leap, consider these
top 10 tech industries
for 2015.
Wrike.com Where Work Gets Done.

4. 1. Internet of Things
Thermostats that learn your
habits, security systems
controlled via smartphone,
biometrics that track health
& wellness: this is the
Internet of Things. It
includes any device that
transmits data over a
network.
Projected growth: With an
estimated 26 billion units
installed in the next 5 years,
2 the industry is expected to
generate $14.4 trillion net
profit between 2013-2022.3
Wrike.com Where Work Gets Done.

5. Education is
embracing online
classes, tutorials,
help centers &
training programs for
pre-K — higher ed.
Projected growth:
The industry boasts
a 4.4% annual
growth rate; cloud-
based learning
solutions are
especially popular
with a 9% growth
rate.4
2. Education Technology
Wrike.com Where Work Gets Done.

6. 3. Mobile Apps
Addictive games, social apps, & business tools have
been hot for years, and the industry shows no signs of
slowing its upward trend.
Projected growth: Global spending is expected to hit
$35 billion in 2015.5
Wrike.com Where Work Gets Done.

7. 4.Wearable Tech
Smartwatches, smart
clothes, augmented
reality glasses: wearables
monitor everything from
our sleep cycles to our
daily appointments,
keeping a wealth of
information at our
fingertips.
Projected growth: The
industry is expected to
grow 40.8% annually,
becoming a $5.8 billion
industry by 2018.6
Wrike.com Where Work Gets Done.

8. 5. Business Apps
As mobile devices overtake laptops as business tools, cloud-
based apps that help people work on the go & connect to
remote colleagues are increasingly popular.
Wrike.com Where Work Gets Done.
Projected growth: Gartner predicts Enterprise software
spending will grow 7.3% in 2015 to reach $344 billion.7
Click
here
for
tips
and
tools
to
manage
your
remote
team!

9. 6. Mobile Health
As the demand for affordable and accessible health care grows,
mobile devices & wireless technology support medical care in
around the globe.
Projected growth: The mHealth market is expected to
quadruple over the next five years, from $14.5 billion in 2015 to
$58.8 billion in 2020.8
Wrike.com Where Work Gets Done.

10. 7. Automated Guided
Vehicles
Machines that automate
warehouse logistics, like
robots filling orders or
prepping shipments, make
businesses more efficient.
Projected growth: The
global market for
industrial robotics is
expected to reach $32.8
billion in 2017.9
Wrike.com Where Work Gets Done.

11. 8. Data Protection &
Recovery
Mobile devices now outnumber humans.10 With so much data
generated daily, there’s high demand for companies that assist
criminal investigations, recover lost/corrupted files, or protect data
from illegal access.
Projected growth: The cyber security market is estimated to grow
10% annually, from $95.60 billion in 2014 to $155.74 billion by
2019.11
Wrike.com Where Work Gets Done.

12. 9. Big Data Analytics
In order to act on mountains of consumer data, more
companies turn to analytics services. As the Internet of Things
industry grows, an Analytics of Things market will also appear.
Projected growth: The industry is forecasted to reach $125
billion worldwide in 2015.12
Wrike.com Where Work Gets Done.

13. 10. Mobile Payments
Mobile devices are now full-
on multi-tools, and services
like Venmo, Apple Pay,
Square Cash, & others are
capitalizing on the
convenience of digital
payments.
Projected growth: Mobile-
based payments in the U.S.
are predicted to grow from
$50 billion today to $142
billion in volume by 2019.13
Wrike.com Where Work Gets Done.

14. Click for must-read startup advice
Visit the Wrike blog for the tips you need to help your
business flourish:
7 Strategies for Funding Your Startup
Avoiding the Most Common Reasons Startups Fail
The Ultimate List of Legal Resources for Startups
Ready to grow your startup?
Wrike.com Where Work Gets Done.

15. Wrike.com
Sources: 1. www.forbes.com/sites/ericwagner/2013/09/12/five-reasons-8-out-of-10-businesses-fail/ 2. http://www.gartner.com/newsroom/id/2684616
3. http://postscapes.com/internet-of-things-market-size
4. https://www.docebo.com/landing/contactform/elearning-market-trends-and-forecast-2014-2016-docebo-report.pdf
5. http://www.statista.com/statistics/236519/global-spending-on-mobile-apps-since-2009/
6. http://globenewswire.com/news-release/2014/09/19/667176/10099303/en/Global-Wearable-Technology-Market-to-Be-Worth-US
D-5-8-billion-by-2018-Transparency-Market-Research.html 7. http://www.gartner.com/newsroom/id/2783517
8.http://www.statista.com/statistics/295771/mhealth-global-market-size/ 9. http://www.roboticsbusinessreview.com/pdfs/SupplyChainRBR_B.pdf
10. http://www.techtimes.com/articles/17431/20141008/mobile-devices-now-outnumber-humans-report.htm
11. http://www.marketsandmarkets.com/PressReleases/cyber-security.asp
12. http://www.forbes.com/sites/gilpress/2014/12/11/6-predictions-for-the-125-billion-big-data-analytics-market-in-2015/
13. http://bits.blogs.nytimes.com/2014/11/17/u-s-mobile-payments-market-to-boom-by-2019-research-firm-says/?_r=0