We don't have a crystal ball, but the market is clearly pointing towards these trends.
This is the question that any entrepreneur asks: what will be the next sectors to succeed around the world? Because it is clear that everyone is an entrepreneur in their favorite sector or in the one they are best at, but no one escapes the fact that, before even starting anything, everyone makes an evaluation of the sector they want to tackle, its viability and even whether there is another in which there is a greater chance of success taking into account market trends.
If you are in that disquisition, we will help you. These are five of the sectors in which, in the coming years, there will be safe business in Spain:
1. Data protection
If you have a company or are setting one up, you are probably familiar with the General Data Protection Regulation (GDPR), the new regulation that came into force last year and that obliges companies and institutions throughout the European Union to effectively control all the data they collect, whether it is from employees, employees, employees users, customers, suppliers, etc.
Despite being in force for a year now, the GDPR is still an essential point (and even a concern) for many companies, especially SMEs, which do not have the resources of large companies to comply with the regulations. It is, therefore, a
2. Cybersecurity
In the world of cybersecurity there is a saying: ‘There are two types of companies: those that have been hacked and those that will be hacked’. The maxim points to a clear trend: We live in the age of cyberattacks, so it is not possible to think of clichés such as ‘It won’t happen to me’ or ‘My company is not important, they are not going to attack it’.
The truth is that any company is susceptible to attack and poor management of this crisis can lead to a serious fine for non-compliance with the GDPR. Once again, a great niche is opening up: that of cybersecurity consulting or, above all, that of advanced cybersecurity solutions for all types of companies and public institutions.
3. Recording of the working day
In Spain, a law has just been implemented that obliges all companies, gradually and depending on their size, to duly record the working hours of all their employees, as well as to pay for the extra hours that they end up working. Reality has shown us that there is still a lot to do, and that most Spanish companies have been half caught by the measure.
What market is opening up here? Especially that of Spanish SMEs that are not yet recording the working hours of their employees or that are doing it poorly. If you create such software, you won’t be short of customers.
4. Pets
You treat your cat like your child… And the market knows it. It’s no mystery that the number of pets in our country is growing. In fact, the spending of Spaniards on their pets does not stop growing either. And in the face of this , a huge market opens up: not only the obvious and obvious (food and health), but also other parallel ones (clothing, organic food, personalized services, tours by professionals…) that are going to make this sector grow even more.
5. Sustainability
If you keep an eye on the activities of large companies, you will see that they have all been engraved in fire three words: Sustainable Development Goals (SDGs), the 17 measures promoted by the UN and that large companies have introduced not only in their Corporate Social Responsibility action, but also in their entire strategy.
Here, once again, a large market opens up before your eyes: not only can you offer consulting of this kind, but if you have a truly sustainable project, you can make large companies become your clients. You will not lack business, we assure you.
If you want to read more posts about entrepreneurship and startups, click here.
