"Inspiration for new products comes from new ideas. And finding those promising product ideas is the beginning of a new product development process."

Ever had a headache to find a great idea for a tech startup?

You know the best way to start a tech business industry is to get an idea. But 2020 and 2021 wasn't that great for most businesses out there due to the pandemic situation.

However, any crisis can bring out the perfect business solution; all you need to have is the right idea to tune in to the situation. As an example, look at the sales businesses made by selling facial masks and sanitisers.

The post-Covid world will mainly depend on the power of the internet, and for the same reason, most businesses are rapidly moving online.  

Over the past several months, you might have witnessed how the pandemic had forced many small and large scale businesses to move online. This massive online migration of small and large scale businesses unfolds new possibilities for tech startups to build unique models for these businesses.

So, why don't we spend some time together researching some promising new tech startup ideas that could help you build your business empire!

What are the Best Tech Startup Ideas to Watch for in 2022?

One thing is for sure: the evolution of technology in recent years proves that unless businesses are adopting the latest available tech in the market, they will get eliminated from the game of business.

With a rising number of new tech or software startups growing and receiving funds for their unique business models, many new opportunities are arising for them amidst the Covid-19 at rampage.

Let's get straight into the complete list of 21 promising tech startup ideas that have impacted 2021 and will have immense potential in 2022.

Here are the Most Profitable Tech Trends that every startup should look into:

1. Artificial Intelligence

For the past decade, AI has been gaining a lot of attention, and there's no doubt AI would evolve even further. In the future, most mainstream businesses will be equipped with AI, thus opening numerous tech startup opportunities.

Nowadays, AI can read for us, speak, write, hear, see, and analyse things in terms of videos and photographs. All of this is completely transforming organisations and helping them re-imagine and streamline their business processes. Read the advantages of AI in mobile app development.

For many industries, this Covid-19 pandemic was disastrous. But, it only accelerated the use of AI across the U.S economy. During this time, many companies started to create new services for remote workers and students. They build up online shopping, dining options, make customer call centres more efficient, and speed up development of essential drugs.

With the increased infection rates and bio lab cases due to the pandemic situation, AI plays a crucial role in maintaining the analysis of those overwhelming volumes of data.

Today, one out of 10 organisations uses more than 10 AI applications. It includes chatbox, security, fraud detector, and more. The increase in adoption of machine learning across industries has proved that how its algorithms and techniques are solving complex real-world problems efficiently.

AI.Reverie, Anodot, Dataiku, BigML, etc., are examples of leading AI startups shaping the AI industry.

So, from healthcare to IT services and cybersecurity, startups have a plethora of areas to be explored. And in 2022, the demand for them is only going to increase.

2. Telehealth and Virtual Medical Services

The one thing that changed a lot in the health industry during the past year is tech's tremendous medical services involvement. For this case alone, many tech companies are streamlining their services for the healthcare industry.

Recent studies have shown that telecalling the patients could resolve about 80% of primary medical attention required. Furthermore, hospitals can improve their online healthcare system with the aid of virtual medical services.

These services open an abundance of tech startups opportunities to compete against more prominent players within the same industry. The demand for such services is increasing day by day as more and more startups discover its benefits like:

  • It can help cut costs.
  • Shorten wait times.
  • Bring healthcare to people in rural areas.
  • Keep a close eye on newborns.
  • Help keep at-risk patients healthy by providing quick check-ins.

It is not a pleasant way to wait in a doctor’s office and spend a long time. By having contact with other sick people, there's a high chance that people might leave with diseases worse than what they came with. Telemedicine help avoids such risks, and that’s why it is booming now.

Read: Most Important Features Needed When Developing a Healthcare App

See how Telemedicine The Future Of Health Care.

3. Remote Working

As the Covid-19 pandemic has hit worldwide, "Work from Home" abbreviated as WFH, has gained popularity across the tech industry. But as months passed, we know how things escalated quickly.

Issues started arising as more and more companies began switching to a remote working model. Like it becomes more challenging to highlight professional achievements, the engagement between workers becomes much harder, etc. This problem gave rise to tech solutions like personal remote process automation.

Robotic Process Automation means, the bots allow fast and easy automation of repetitive and time-consuming processes without wasting valuable money and time of employees.

With the help of RPA (Robotic Process Automation), using software and apps makes the routine tasks of employees easy to execute and makes remote working safe, steady, and productive.

Here is a Startup's Guide to Managing Offshore Development Teams.

4. EdTech Startup

The industry that gained the most attention during these uncertain times is the education industry. When students, teachers, and their families feel burned out from pandemic learning, companies that market online learning tools to schools were enjoying a coronavirus windfall. Investors are happy to invest high in EdTech startups.

According to CB Insights report, (a firm that tracks startups and venture capital), venture and equity financing for EdTech startups has more than doubled. This means it rises from $4.81 billion in 2019 to $12.58 billion worldwide last year.

With all those schools, institutions, and other academic centers taking their business entirely online, startups secure funds and grow even as Covid-19 continues.

Even in the post-pandemic world, many organisations have already taken initiatives in designing a suitable online curriculum.

The increasing demands for online coaching businesses are also showing how vast the opportunities for tech startups are within the EdTech industry.

Byju's is an EdTech company from India, which spread its wings all over the world. See how much does it cost to create an eLearning app like Byju's.

Also Read: All You Need to Know Before Developing a Winning E-learning App

5. Biotech Startup

Many biotech startups emerge every year alongside the rapid growth of technology. Such startups gain publicity and support from angel investors and governments because biotechs are essential to improving human life quality.

Many of these companies attract entrepreneurs, executives, and investors because the payoffs can be huge when breakthroughs are made. However, the challenges faced are not easy, either.

If lots of caution and innovative ideas proceed, you can have a massive opportunity as a tech startup to impress investors and receive multimillion-dollar investments and even attract the media and gain some fame.

See how young VC-backed founders share their stories on launching BioTech Startup.

6. Robotic Delivery

It is not a simple task for entrepreneurs to run robotics startups. Yet the number of robotics startups working on groundbreaking technologies are growing in numbers.

Robotics have been fast-growing for the past few years, but the current pandemic situation accelerated its growth even further, giving every startup a chance to up their game.

The astounding number of efficiencies that robotics perform in limiting human-to-human interaction has helped fight the virus. This adds a higher demand for robotics in upcoming years where autonomous robots are brought to most businesses' front lines. Amazon is working towards perfecting their drone delivery system.

So, if you are thinking of a robotics startup, you should learn the do’s and don’ts on building it as it grows and matures.

7. eCommerce

Are you thinking of starting an eCommerce business?

As reported by Forbes, in the first quarter of 2021, the U.S. eCommerce sales grew by 39% year after year to $199 billion. This growth is only increasing, as global e-commerce sales are predicted to reach $4.2 trillion this year.

Developing a simple and easy website along with a mobile app is all you need to grow your eCommerce business. Talking about the eCommerce business, now is the best time to start one.

In almost every sector, the eCommerce industry is booming. From running a top-rated online fashion store to selling old pieces, it should all work.

The purchase behaviour of people has changed a lot ever since Covid-19 has hit the world. People enjoy the ease of online shopping as well as the websites providing deals and discounts.

They heavily rely on eCommerce to shop for everything from essential goods to holiday gifts. This is not just an eCommerce acceleration, but a massive shift in user behaviour which opens doors for startups in the eCommerce sector.

No matter if a thousand more tech startup founders emerge under the eCommerce sector, there are still plenty of opportunities arising each day. You have to find the right niche to start your business.

Alternatively, you can be the shovel seller rather than mining gold. This means you could start giving various services for those who are new to the eCommerce business. Either way, there's no better time for launching this business than today. Ali baba, Amazon are leading companies in the eCommerce sector.

Take a look at the Complete, 10-Step Guide to Starting a Business.

8. Internet of things

In this technology driven world, the internet connects everyone from every part of the world. Similar to that, the products and services can be connected to each other through mechanical devices embedded with sensory chips and software that helps in the exchange of data with other devices without human intervention.

This can be used to improve efficiency of devices and help you enable new services that promote safety and environmental benefits. IOT is the new future and companies are already incorporating it in their products.

The local camera and door lock systems use your mobile phones to communicate with the devices kept at your home and ensure better safety and avoid miscommunication.

9. Social media influencer

"use Signal, "the controversial tweet from Elon Musk that increased the number of users for Signal in a single day. This is an excellent example of how a person can influence a vast crowd with a simple tweet.

Suppose you are willing to work on your social media presence and give the netizens the information as a credible source. In that case, your followers will increase, giving you the power of opinion to many people. Marketing firms utilise this power to promote products or services among the public.

Read some app marketing strategies that every startup should follow!

Since the opinion is coming from someone they trust, they will be influenced. There are a lot of social media influencers today, so to earn your mark, you would have to work hard, and your work should be trustworthy.

10. VR and gaming arcade

Virtual reality computing (VR) has a whole new set of opportunities for you to venture. With the introduction of the metaverse, the VR industry is getting ready to soar high.

What's better than gaming? Living the game.

People want to experience the events of the game in real life, and VR makes it possible. The gaming industry is growing, with gamers going live on YouTube and making a decent income.

Many games are now designed for VR specifications like Batman: Arkham VR, suggesting the gaming industry's shift to VR.

Don't be under the fact that VR can only be used for gaming; there are a lot of applications for this.

Social interaction through VR is possible nowadays. You can take a tour of properties on a real estate platform from your home without moving an inch. Attending social events has never been more accessible, and distance is never a problem.

In these pandemic times, VR can help with providing better quality schooling to students without actually going to school.

11. Cyber security services

Privacy is the utmost concern in these technology-driven times. With all our information available in digital form, there is a massive concern about our data falling into the hands of others who misuse them.

Scams, malware, ransomware, etc., are increasing day by day, calling for foolproof data security. A cyber security expert can rule out any chances of data breach. Cyber security market is expected to reach $352.25 billion by 2026 and this makes launching a cyber security startup a good idea.

Pro tip: “You need high coding proficiency to excel here.”

Also, read the complete checklist to Build a Secure Mobile App in 2022.

12. Digital marketing

To attract the new crowd, we go where they spend most of their time. It was in front of a television a few years back, and now it's their phones. In this digital era, marketing has found new ways to attract potential customers.

If you are looking for a great tech startup idea, digital marketing is a great online business idea if you have the right creative team.

The introduction of AI (artificial intelligence) in the digital marketing world has improved the chances of getting personalised pitches to customers. Uber, Airbnb are all examples of companies that use AI to create marketing campaigns. AI also helped reduce work for people as they optimised the search results based on the need and capabilities of the customer.

Even with a massive opportunity for growth in the field, you have to be picky when hiring. Your team is what will determine the success of this promising idea. The creativity and innovative minds of the social media marketer are the critical catalysts for your growth in this industry.

13. Data analysis firm

The use of the internet has grown exponentially over the last few years. With the increased number of users, the data they upload and consume is humongous. A big data company analyses this data of the users for various purposes

This data can be used to understand the marketing strategies to target the customers. Learn the likes and dislikes of the majority and devise a method for a specific set of potential customers.

Data analysis is required while doing software or app development to understand the customer. Social networking sites like Facebook use these data analytics to find people and suggest people you may know.

Machine learning software is optimised through data analysis. This improves the scope of robotics, automation, self-driving mechanisms, etc., where the machine learns to do its work through data analysis.

Pro tip: “Background in mathematics, economics, or finance is an added advantage.”

14. On-demand services

We all have demands; when we are hungry, we need food. While sitting on that comfy couch, we don't want to get up and go out to get it. Like a gift from God, we have Uber food delivery at your doorstep. That is a prime example of on-demand services.

We can get products and services just by searching online in the comfort of our homes. There are a lot of services ranging from food delivery to cleaning to choose from. The quality of the service you provide will determine your position in the market.

This is a highly competitive industry as many companies have established their place in the market. If you can give the customers what they desire at a reasonable price, there is always a market open for you.

15. Fintech

Fintech or financial technology is aimed to remove the traditional financial services to an online service. PayPal is a fintech company that primarily deals with the transfer of funds. This is just the tip of the iceberg.

Fintech deals with digital lending credit, cryptocurrency transfers, trading, insurance, and so much more. Anything that deals with finances online is a part of fintech. Digital wallets are now widely used and accepted. This eliminates the hassle of carrying money and keeping it safe and easy to give the exact change when needed.

The boom in the crypt world has increased the market for this service. As this deals with finances, you have to be careful with the security of the funds deposited by the people. Though it is a high-risk and expertise-required field, it has a future if you are up to the task.

Check out the 15 things you didn’t know about the Fintech Industry

16. Health and renewable energy

The Covid-19 pandemic has created a sense of health awareness all around the globe. More people are inclined towards choosing a healthier lifestyle. Many apps and software are developed to help them through this journey.

We have seen considerable developments in the field of health. Many companies have profited from this pandemic with the help of their impeccable products and services. For tech startup ideas, you can always create an app that focuses on health and exercise. There is also an opportunity of creating new innovative machines that can replace traditional tools to give a more accurate service.

In health, people are also now more than ever inclined to clean energy sources like solar and electricity. Carbon footprint reduction is also a significant prospect for many companies. This is an upcoming trend and has the scope of high scalability if you have the right business plan.

Tesla is now dominating the electric car market, look for a way to tap into those renewable resources, and you will have yourself a successful business idea.

17. Business incubator

Incubators are like hostels for entrepreneurs, but the services provided, give a share of their startup stock or money. You can attract valuable talent if you have an ideal location to provide services for the new upcoming CEOs. You need to provide them with basic facilities like electricity, office space, internet connectivity, etc.

The main catch of this startup is that you wouldn't need to start big. You can start small and grow along the way.

18. Travel and tourism agency

During this pandemic, tourism had a downfall, but it is bouncing back more vital than ever, and you can get a piece of this action. Many people are coming forward with the urge to travel to new places but lack a clear idea of planning the trip with minimal expenditure.

With you providing them the perfect itinerary to travel, many will come for your services, and if you give them the whole package deal of accommodation and travel routes, you will have a decent startup in your hands.

Not only the travel enthusiasts but you could also attract business travel clients.

American Express Global Business Travel is one such example.

19. Custom drone building

Drones are now used widely for surveillance, and now it has evolved into a sport of drone racing with colossal prize money up for grabs.

Professional drone racing requires custom-made drones, and you could start small with the expertise and scale it to good heights.

20. Freelance work

Do you have exceptional skills sought by many?

If yes, then freelancing is the best way to sell your skills. Many companies require professionals to do work at a fast pace and with quality. With your skills, you can grab opportunities like those to create a way income for yourself without the pressure of a 9 to 5 job.

You can do your work in your own time and present them for an agreed remuneration. Many are registered on sites like Upwork, Fiverr, etc., where freelance work is available. The growth in social media has also contributed to the development of freelance workers.

21. 3D printing

The 3D printing industry is an underrated startup idea. From building houses to organs for transplantation, 3D printing is slowly introduced into many sectors and is growing day by day. The expenses of printing items have come down, and this is an excellent time to tap this emerging industry.

You have to keep in mind that even if you have a 3D printer, it will not be enough. You need to get expert knowledge before starting, and you have to do a bit of advertising to attract possible customers.

Conclusion

There's no doubt a successful business does give you financial freedom. With the above list, I have presented you with some of the best tech startup ideas to build your business in 2022.

However, you need to know that everyone does have some ideas. Even though ideas are great, it alone could never build a successful startup.

Your priority is to determine whether the idea you have within you is a scalable one. If so, you need to hire the right app developers to successfully develop your product. Always remember, it's not an easy task to run a tech startup company, so don't refrain from asking for help. Having a tech partner like NeoITO can guide you in this journey.

We helped many startups build their businesses from scratch and guide them by giving free startup product development consultations. Most importantly, we helped them achieve financial freedom by developing their idea into a business model.

So, now that you have these tech startup ideas. The list doesn't ends here. If you want to explore more ideas, you can check out the 50+ Most Successful Small Business Ideas 2022.

Also Read: 10 Best Ways to Start a Tech Start-up as a Non-Technical Person