The online industries set to grow in 2020

 


2019 was a year of substantial growth for the online market, with ecommerce sales surpassing an impressive £3 trillion – that’s a whopping 19.9% growth when compared with the previous year, which is no small feat. But while online shopping might account for a large proportion of the revenue generated annually online, it’s certainly not the full story, and a range of other industries that rely on the internet to conduct themselves are quickly overtaking the traditional money-makers to take centre stage.

From the latest and greatest apps to some of the most innovative food ordering and delivery platforms, the biggest fortune in the online world is often being made elsewhere, and from up-and-coming new entries to those that are experiencing burgeoning growth and are tipped for big things in 2020, we could see a further shift over the next twelve months.

If you’re looking to invest in a growing industry this year with the chance to secure a robust nest-egg for the future further down the line, then online is the only place to put your money. Unsure which industries are set to make the big bucks in 2020? Here, we round up some of the biggest players.

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