The five industries expected to boom in 2020

As we roll into a new decade business and innovation continues to grow, and over the next year there are expected to be a lot of winners as new and improved products are rolled out.

Here are five big markets to keep a close eye on over the next 12 months.

Baby Tech

It might sound suspicious - it’s already been the focus of dystopian sci-fi show Black Mirror - but ‘BabyTech’ is one industry experts are predicting will take off in the next year. And while some of the gadgets expected to break out this year are a little odd - the white-noise baby calming device for example - others are a far more predictable use of technology to improve, from automatic bottle makers and warmers to hi-tech video monitors and smart baby bag for carrying all the essentials. And for those looking for help having a child, an increasing number of sophisticated fertility tracking technologies are becoming available.

Online Gambling

From the bright lights of vegas to the huge number of Friday night poker games held in homes up and down the country, gambling has always been big business - and with ever more sophisticated technology the online market is expected to explode in 2020, despite increasing threats of regulation. With the thrill of having access to the whole casino experience in the palm of your hand, expect companies promoting responsible gambling and focusing on the player experience, rather than the potential winnings, to be taking home the prize this year.

Personalised Nutrition

We are what we eat, and at the start of this new decade we know more about how what we eat shapes our bodies, our health and our emotional state than ever before. Moving that forward is the concept of personalised nutrition, with a range of companies and technologies offering the chance to get your very own personal plan designed to maximise your unique requirements. Already a fast-growing part of the huge global dieting industry, expect companies able to harness technology and ease of use to the concept of personalised nutrition to be a huge success this year.

Block Chain

Security in the online world is an ever growing concern, and block chain is one of the technologies centred around security that is expected to take off this year. Working by creating a growing list of records protected by cryptography, it is almost impossible to hack, duplicate or decrypt, meaning it is likely to play an increasing role in everything from supply chains to personal device security

CBD

CBD stands for Cannabidiol and is a product derived from hemp used primarily to relieve aches, pains and anxiety, and working without the debilitating ‘high’ of cannabis. The fully-legal products are already big business, and as more people become aware of the potential benefits, and with more and more outlets available, this is set to be a huge market in 2020.