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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?

#41

Post by dnautics »

iamacynic wrote: post #5

my three guesses (my company is in 1 of these areas): consumer internet privacy and security (think barracuda for the home market -- above and beyond a standard router/firewall possibly with active L7 features) consumer and enterprise storage management (they literally can't even make enough ssd's right now, people and companies are hoarding data and can't manage it effectively or reliably) rural and wilderness area…

Fascinating... I had a similar list, and The company I work for is on it. Drop a line.

Re: Ask HN: In the next 5 years which markets will grow the most and why?

#43

Post by kitx »

westoque wrote: post #29

Cryptocurrency. Have you sent someone money internationally before? How about across different banks? Typical transfers process at around 3-5 days. With the help of cryptocurrencies like Ripple, Steller and the like. Transfers happen in seconds. This will grow because now, banks will utilize this technology to get rid of the old one (Swift anyone?) and will save banks lots of time and money.

Second this. As pointed out elsewhere in this thread, billions of people are going to come online over the next five to ten years. If (according to the World Economic Forum: https://www.weforum.org/agenda/2016/05/2-billion-people-worl...) there are really 2 billion people unbanked, we stand to see cryptocurrencies and cell phones lead to an explosion of people connected to the financial system.

Re: Ask HN: In the next 5 years which markets will grow the most and why?

#44

Post by mythrwy »

gst wrote: post #20
ryanx435 wrote: post #17

Earlier quoted context omitted.

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)?

For the of the thrill of not knowing how much actual spending power you have from one day to the next?

Re: Ask HN: In the next 5 years which markets will grow the most and why?

#45

Post by andars »

Mz wrote: post #24
BatFastard wrote: post #12

Earlier quoted context omitted.

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.

Five years ago, tablets were basically cutting edge new tech. They were insanely expensive and crappy as hell. They often faced limitations in functionality because a lot of websites did not accommodate them. I know because I bought two of them 5.5 years ago and it was $2000 worth of computers and lots of stuff just did NOT work. Today, you can get a tablet for under $50 and Google is (or has) split its search stuff…

5 years ago, over 100 million tablets had been sold worldwide and the iPad was entering its 4th generation. Your description is more apt for 10 years ago.

Re: Ask HN: In the next 5 years which markets will grow the most and why?

#46

Post by skynode »

tyingq wrote: post #42

Low cost cloud providers. No idea why there's not a low cost competitor to AWS, GCE, and Azure. And I don't mean just a VPS. Full service cloud with equivalents for EC2, ELB, S3, Lambda, etc.

Outcompete Amazon (especially) on prices? Waiting to see who'll achieve that feat.

That aside, there's a cost threshold beyond which it wouldn't makes sense to offer cloud services​ at such ridiculous prices. If anything, I actually think compute prices might increase in future as demand for cloud services become globally outrageous, from Alaska to Zagreb.

Re: Ask HN: In the next 5 years which markets will grow the most and why?

#48

Post by skynode »

pdog wrote: post #2

Blockchain 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.

Second this.

We've just started to fully appreciate the possibilities of the Blockchain particularly. I was reading some academic paper on analyzing and querying blockchain transactions and I found it absolutely outstanding. I'm also keen on seeing what large commercial projects are built on the Ethereum platform.

Re: Ask HN: In the next 5 years which markets will grow the most and why?

#49

Post by Mz »

andars wrote: post #45
Mz wrote: post #24

Earlier quoted context omitted.

Five years ago, tablets were basically cutting edge new tech. They were insanely expensive and crappy as hell. They often faced limitations in functionality because a lot of websites did not accommodate them. I know because I bought two of them 5.5 years ago and it was $2000 worth of computers and lots of stuff just did NOT work. Today, you can get a tablet for under $50 and Google is (or has) split its search stuff…

5 years ago, over 100 million tablets had been sold worldwide and the iPad was entering its 4th generation. Your description is more apt for 10 years ago.

Well, according to Wikipedia, the history of tablets goes back to the 1800s. But I know for a fact that I bought two tablets on December 31st, 2011 that were priced at $2000 (after getting a 2 year internet service contract plus a 20% employee discount to reduce the price, I paid $800 up front) and it was kind of the hot new item at the time. And I know for a fact that proliferation of apps we have now was not the norm back then. I had enormous difficulty getting things done on it and I noticed that painfully because I essentially had no other access to computers at the time. I can now do all kinds of things on a tablet bought for under $50 that I could only dream of and wish for 5 years ago.

https://en.wikipedia.org/wiki/History_of_tablet_computers

Humorously:

"Mobile to overtake fixed Internet access by 2014" was the huge headline summarising the bold prediction from 2008 by Mary Meeker...

http://www.smartinsights.com/mobile-marketing/mobile-marketi...

Re: Ask HN: In the next 5 years which markets will grow the most and why?

#50

Post by marktangotango »

kakarot wrote: post #28
joshbaptiste wrote: post #19

Earlier quoted context omitted.

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.

Do you normally just watch Youtube and use Google Docs on Linux? Because that's about where the set of things you can do on both ends

No with crouton you can install Linux distros in a chroot, it's a few keystrokes to switch to guest wm in practice however.
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