Tech ventures have compounded exponentially in 2022. Whether you check ever-growing infrastructures like USA, or talk about emerging regions like MENA, you’ll notice hundreds of tech hubs initiating SaaS startups, mobile apps, games and so on. If you too are an aspiring appreneur and planning to launch a tech venture in 2022 or 2023, here are top 6 profitable ideas:
Publish an online magazine like Forbes
Forbes is now a more-than-popular magazine that reaches 150 million people globally, via formally written articles, events and social channels. It has an annual revenue in millions with its headquarters and teams in more than 30 countries.
when you plan to launch an online magazine or blog like that, know that you can DIY it or hire professional web development services to create a fully-featured branded magazine. If you choose to create a WordPress blog yourself, you can buy a domain and hosting plan for under $100 for a year.
If you go with the other option and work with professional web developers, you’ll have to pay between $300 to $1000 for an optimized UI and UX.
Teach an online course
This is another online venture that offers low starting investments, scalability options and convenient monetization. Hot niches for online courses include skills like interior design, gardening, bookkeeping and accounts, digital marketing, creative and copywriting, digital advertisements, social media marketing, website development, SEO, PPC, email marketing, article and dissertation writing, ecommerce management, amazon affiliate and drop shipping and so on.
Online courses make anywhere between $10 – 400 per course depending on the complexity and competitiveness of the topic you plan to teach.
Now there are two ways you can start an online course business
- host a course on third-party, reputable platforms like Udemy, Coursera, and Udacity
- or, create your own online course website, integrate online payment methods and teach
If you go with the first option and use platforms like Udemy, you get free traffic to begin with. Just record a course, create thumbnail, cover and write a description and upload. You can host sales, increase or decrease your course prices and scale as you get reviews and keep growing. Of course, such platforms charge a commission.
The second option is to start your own website, integrate online payment methods, attract traffic, book students and teach. A website with online payment integration can cost anywhere between $400 – 600 depending on the UI and UX.
Build a healthcare app
Healthcare applications bridge the gap between the demand and supply of healthcare services. You can launch a healthcare app in niches of telemedicine, online consultancy, disease and symptom management, health reminders and mental health checkers.
Because healthcare apps require HIPAA compliance, we recommend you prefer hiring experienced healthcare app developers rather than newbies in the tech sector.
A healthcare app can cost you anywhere between $40,000 to 75,000 in development charges. Some ideas for mental healthcare app development include mood trackers, adult coloring books, AI chatbot companions, sleep improvers and guided meditation apps. Some app ideas for physical health include water and diet reminders, pill reminders, machine learning based symptom checkers, appointment booking apps etc.
Create a mobile game
Games offer a variety of monetization options. You can launch free games, freemium games with in-app purchases or premium games that charge upfront fees or periodic subscriptions.
The success of gaming ventures lies in the diversity of content: which means you need stunning graphics, a unique story, good characters and rewards that create an exceptional gameplay and offer a great player experience.
You can choose to create games in niches and subniches including arcade, professional, battle and wars, gothic and horror, racing, real-time strategy and roleplaying etc.
To further create excitement and uniqueness in the game, you can leverage emerging technologies like AR and VR, AI and ML, internet of things, blockchain and use play to earn models for high revenues.
Launch a SaaS startup
SaaS, abbreviated for Software as a Service is like a traditional software program in functionality, but different in their basic build and architecture. They are hosted on cloud services and do not need to be downloaded or installed to be accessed by global users. These programs usually run on browsers and allow global remote access. The target audience for most SaaS programs are business and enterprise users.
Some examples of SaaS programs include Google Docs and Sheets, that do allow offline access but are hosted on Google Cloud. Also, Adobe Creative Cloud, Canva, Figma, Crello, HubSpot, Grammarly and Ahrefs are some examples of popular SaaS programs.
Trending SaaS ideas include video conferencing and meeting tools, business management tools, automated marketing and lead generation software, AI-based content creation software etc.
SaaS programs have a huge target audience – they have a wide scope and address specific, pressing business problems. That’s why, they need hefty investments averaging $200,000. For advanced SaaS startups, the cost can even go upto $500,000.
Make a smartwatch app
Slightly different than other tech ventures we have mentioned in the article, a smartwatch app is a program that runs of Wear OS and Apple devices, and offers a minimal UI for a great user experience.
Because smartwatch users are always on the go, such appreneurs need to carefully design the features and decide the scope and coverage of the app along with the niche, subniche and monetization models.
You can introduce a smartwatch app in categories like reminders, heart rate monitors, physical activity trackers, parking and ride booking functions etc.
What is the best startup in 2022?
SoundHound. One of the big trends in the business world in 2022 is the multiplication of companies offering services with artificial intelligence. Cybersecurity or data management services are having a great demand and in front of that many startups have emerged to offer all kinds of solutions.
Places You Can Find Startup Companies
- Crunchbase. Crunchbase is one of the leading specialized platforms that details startups; location, revenue, employee count, etc.
- AngelList. Startup founders list their startups on here, especially when they are looking for investments.
- News Publications.
5 Best Tech Startup Ideas For Entrepreneurs in 2022
- App Development Company.
- Technology Consultancy Company.
- Blog Consulting Company.
- IT Support Company.
- Robotics Startup.
- Edtech Startup.
- e-Commerce Startup.
- Subscription Delivery Service.
- Food tech. Our first recommendation comes from Phil Strazzulla, founder of HR software company SelectSoftware.
- Web design.
- Extended reality.
- Customer experience management, or CXM.
- Influencer marketing.
- Content automation.
- Artificial intelligence.
What are some tech startup ideas?
There are many options for edtech startups today, including the use of big data, artificial intelligence, and blockchain technology to enhance the education experience and make learning more accessible.
- Drone Company.
- SEO Services.
- Cloud Technology.
- Tech Consulting.
- AR Company.
- Video Games.
- Smart Accessories.
How do you start a successful tech startup?
- Build an MVP the market wants.
- Validate the app with early adopters.
- Iterate to meet product-market fit.
- Build a skilled and unified founding team.
- Get the funding you need to grow.
- Develop and practice an agile methodology.
Which startup is best for future?
It is predicted that businesses that are based on collaborative economy models will enjoy immense success in the next few years. although Some good examples are Airbnb, Uber, Ola and Lyft. however, These types of businesses not only help the final customers, but also assist the service providers and ultimately make commissions.
8 most profitable small business ideas
- Fitness or physical therapy services. The pandemic seems to have permanently changed the fitness landscape. …
- App development. …
- Online consulting services. …
- Dropshipping. …
- Home improvement services. …
- Information security. …
- Event planning and virtual event planning. …
- Commercial cleaning services.