What Are the Startup Trends for 2020? A Market Analysis

The COVID-19 global pandemic has created a shift in how we work, while also giving rise to new opportunities for existing brands and new startups. Here’s what the market looks like in 2020 and where it’s heading.

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Image courtesy of Headway.

What It Means to Work Remotely

Estimates suggest that during the pandemic, 62% of employed Americans worked from home. Many were surprised by how quickly and effectively they had adopted video conferencing technologies and other forms of digital collaboration.

The Social Impact of COVID-19

COVID-19 has not only changed the way we work, but has also brought unprecedented human challenges. The pandemic has affected different groups unevenly. Low-income communities have suffered more from job loss, while the crisis has highlighted social and racial inequalities.

Revolutionary Initiatives

The year 2020 proves that companies can be successful even amidst a crisis of such a global scale, and several new trends have arisen from it.

The Startup Market After COVID

Crisis brings opportunities. Although the current period can be tough for entrepreneurs, investors are keeping a lookout for initiatives that take advantage of the new global scenario. The pandemic could be the birth of new, revolutionary industries and trends.

Written by

Anthropologist & User Experience Designer. I write about science and technology. Robot whisperer. VR enthusiast. Gamer. @yisela_at www.yisela.com

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