The future of entrepreneurs worldwide seems brighter than ever. Today there are biggest share of investments going to new region, such as Africa and Asia, Where Asia leads global deal share at 36 percent in the fourth-quarter of 2021. Below are some of the hottest trends in the global start-up scene in 2023:
E-commerce
As more people stayed home during the pandemic in 2020, e-commerce market shares increased around the world. That trend is set to continue accelerating in the coming years. For instance, an estimated 70 million more people — from Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam — shopped online since the pandemic began.
The global market have built retail ecosystems with the customer at the center providing the best selection, a range of prices, digital payments and logistics that ensure fast delivery.
In today business, e-commercehas also created entire payment and fintech ecosystem that is seamless, and allows consumers to do more at the touch of a button. While start-ups have found great success in their home countries, their influence can be far-reaching. Start-ups are changing the way we live in the world.
Super Apps
A supper app is a one-stop portal that allows a user to access several services from one single app. The super apps are truly thriving and will be the newest powerhouse for innovation globally.
Beyond just hailing a cab or having food delivered, customers can even book medical appointments, take up loans or pay witha mobile wallet.
The super app are used in many services, such as food deliveries, transportation and financial services. They are changing the way to reach costumers, making it simple to get a ride anywhere or to order food, and are pioneering the move of taking a customer’s entire lifestyle online.
They are the reason why we are seeing real change happen, with more people in the world gaining access to products, services, employment, engagement through social media.
Gaming
When it comes to gaming, the sector is growning globally. Gaming market is expected to generate over 41 billion USD in revenue by 2025 in Asia alone, with Indonesia, Thailand and Vietnam being the fastest growing markets in South east Asia.
Cloud gaming specifically, is a huge area of growth, especially in markets like South Korea, China and Japan. The appeal lies in the ability of users to play in any device anywhere, anytime.
With the number of video gamers approaching three billion globally, Asia Pacific is responsible for over half of it,
This result is attributed to the increasing use of smartphone users in the world. Specifically, five of the top 10 countries with the highest number of smartphone users are located in Asia, with China and India leading the way.