Healthcare. Because a large portion of the population in the west (baby boomer generation) is getting older.
Ask HN: In the next 5 years which markets will grow the most and why?
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Re: Ask HN: In the next 5 years which markets will grow the most and why?
#12Most people are terrible at predicting the future in this way. Some of the most accurate predictions sound like (or are) jokes at the time, like when JK Rowling was writing her first book as basically a "welfare mom." She did a lot of the writing while her baby napped at some eatery owned by friends/relatives. She would make jokes to the effect of "When my book gets famous, it will put your place on the map!" That ba…
5 years out is not that hard, since it is basically which technologies that are either just out, or coming out soon will be successful. 10 years is more challenging, 20 impossible.
Re: Ask HN: In the next 5 years which markets will grow the most and why?
#13AI in all its guises, such as self driving cars, virtual assistants like Alexa, Siri, etc. Augmented Reality, I would suspect in a year or two we will have the first successful product. Services and entertainment for aging populations. Real estate auction services, Trump is going to have to sell of a lot after going to prison.
Forgot solar power, batteries, roofs.
Re: Ask HN: In the next 5 years which markets will grow the most and why?
#14Blockchain and cryptocoin markets will probably grow the most in the next five years. The total market cap for cryptocoins will grow from $50 billion today to $1+ trillion in the future.
Do you know how few people on HN even own any cryptocurrency? It's likely close to 1-2%. It's been like that for the past 5 years.
Really? You have accurate enough information about the prevalence of holding cryptocoins on HN to throw around numbers?
Re: Ask HN: In the next 5 years which markets will grow the most and why?
#15Some mode of online social interaction that seems ridiculous now but will seem obvious in retrospect. This will be milked for ads and acquired by a big player while me-toos nibble the ends in the aftermath.
The market will grow from zero to millions in this time, but it will be entirely consumed by one of the big five and everyone will just think of it as a Google feature or something.
Re: Ask HN: In the next 5 years which markets will grow the most and why?
#16Health care. The boomers are entering their prime health care spending years, and Obamacare will engender huge industry profits from "spend all you want - someone else will pay the bill!".
Re: Ask HN: In the next 5 years which markets will grow the most and why?
#17Blockchain and cryptocoin markets will probably grow the most in the next five years. The total market cap for cryptocoins will grow from $50 billion today to $1+ trillion in the future.
Do you know how few people on HN even own any cryptocurrency? It's likely close to 1-2%. It's been like that for the past 5 years.
Major movie theaters and other retail stores in Phoenix, Arizona, accept bitcoin. It may not be 100% mainstream yet, but crypticurrency is going to explode in a big way
Re: Ask HN: In the next 5 years which markets will grow the most and why?
#18im betting my pennies on real estate
Re: Ask HN: In the next 5 years which markets will grow the most and why?
#19I personally think the market of add-on or web browser's extension. Why? Because, web browser is second most software used after operating system by a normal computer users. If you are developer you use editor and web browser, if you are writer you use world processor and web browser, if you are market person you use trading software and web browser and so on. I mean web browser is something used by everyone. We have…
I see the browser becoming the OS period. I didn't realize this until I got a ChromeBook and realized (with crouton) I can do everything I normally do on my Linux notebook.
Re: Ask HN: In the next 5 years which markets will grow the most and why?
#20Earlier quoted context omitted.
Do you know how few people on HN even own any cryptocurrency? It's likely close to 1-2%. It's been like that for the past 5 years.
Major movie theaters and other retail stores in Phoenix, Arizona, accept bitcoin. It may not be 100% mainstream yet, but crypticurrency is going to explode in a big way
As a customer, why would I want to use Bitcoin (instead of, e.g., a credit card) at a movie theater (or at any other type of shop)?