Innovative New Business Sectors in 2021

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new york times journal, press room, journalist @ Pixabay

Despite the emergence of Covid-19, the world has continued to develop, with technology leading the way, bringing new solutions to the table and many of these new sectors are now thriving. Digital currency exploded onto the scene a few years ago and Bitcoin quickly established itself as the number one crypto currency and this led to blockchain development.

Here are just a few examples of new and innovative markets emerging this year.

  • Machine Learning – AI is most definitely here to stay, of that there’s no doubt and code writers are being recruited into a global network that can manage the many systems run by computers. Elon Musk has invested in AI heavily, as has Google and Microsoft, yet there are concerns that AI could be the last invention of mankind!
  • Craft Beer Microbreweries – For too many years, we’ve seen 3-4 major brewers cleaning up in the beer drinking sector, mass-producing an acceptable product; the local microbrewery is usually made up of a few master brewers who have come together to create an awesome menu of premium craft beer brands. Government support made this possible, promoting private enterprise and most craft beer producers have a website where you can order from a selection of pale ales, pilsners and European bitters, all at affordable prices. The pandemic shifted alcohol consumption to the home in many parts of the world and the craft beer producers offer great value for money, with door-to-door deliveries.
  • Food Delivery – The whole world has relied on hot food deliveries since the start of the pandemic and the third-party logistics (3PL) company adapted for small restaurants and fast-food outlets that offered their menus delivered. The same company that delivers for e-commerce will have a team of food delivery drivers and many guarantee a 20-minute order to delivery, which is impressive.
  • Organic Fresh Fruit & Vegetables – Many small organic farms sell their produce on their website and the super-fast logistics, you can order around the clock. Health-conscious people no longer have to drive to their nearest health-food store, as online solutions are available. Google ‘organic farms near me’ and that will bring up a list of organic farms and placing an order is a breeze.

Thanks largely to digital tech, we are seeing new markets emerging as the world adapts to 5G and the Internet of Things (IoT). Now that we seem to have the virus under control, we can expect to return to some kind of normality soon and commerce can recover.

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