Net and e-commerce giants like Amazon, Google and Facebook generally steal most of the headlines with regards to success in the electronic sphere. However, some regions of the web-based economy are growing much faster. These are just.
Niche e-commerce businesses
E-tailing began with books, then DVDs and computer hardware. But other segments are catching up. In 2015, clothes took more than computer hardware as the biggest seller on the internet. And other niche markets may also be gathering momentum.
Resource: Pexels.com
Antiques and watches is the category that’s growing fastest in retail in general — both online and offline. Although most sales continue to be offline, online sales are now increasing as competition intensifies. Conventional jewellery and watch retailers were also slow to move online, but changed their approach when they noticed the danger posed by connected apparatus. They realised that they’d drop market share to products like the Apple iWatch when they didn’t build an online presence quickly.
Another niche is handcrafts and art. Thanks to websites like Etsy, individuals around the globe may turn their hobbies into businesses. For anyone who can create handmade art and crafts, they finally have access to a global industry. And for customers, it means that they can purchase exceptional high quality items at reduced rates.
Online Gambling
Another online industry that’s currently growing rapidly is online gambling. While online poker’s existed for ages, the hottest sites offer a vast range of casino games and sport betting. These websites which you can check out at no cost, are making an experience that’s more and more like being at a casino. This is thanks to improvements in the quality of graphics and faster internet speeds.
Resource: Pexels.com
Online gambling is using technologies developed from the video game industry to improve the experience. And online casinos cut geographical obstacles, and allow customers to play at any time of night or day.
Online casinos also have jumped onto the cryptocurrency bandwagon, enabling players to play with Bitcoin and other electronic coins. The simple fact that Bitcoins price has climbed 1500% in 2017 also means Bitcoin investors have more money to play — the ideal situation for these websites.
Esports
Ultimately, Esports has really taken the world by storm over the last few years. Esports has managed to combine the appeal of gaming, spectator sports and gambling to make a new international craze.
Esports takes the form of multiplayer video games which spectators can watch as well as bet on. The technology enables spectators to experience a game from many vantage points, and obviously from any place on the planet. But here is the part that’s resulting in its rapid growth. It helps video gamers to turn their hobby right into a career. And there’s not any lack of money as it is the .
As you can see the world wide web is growing and new businesses are emerging. More and more, it is not just about taking conventional industries like banking and retailing on line, but around creating entirely new businesses. With inventions like blockchain, artificial intelligence and augmented reality we’re most likely to see much more new businesses emerging in recent years ahead.
source http://www.hurstpierpoint-online.co.uk/online-services-are-booming-here-are-3-of-those-fastest-growing-niches/
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