Recently I was having a very interesting conversation with a fellow digital person on what will be big in 5 years time and the perceived answer was that we should already know. If it will be big, it already exists.
This idea could be considered incorrect, especially with the speed that Apps rise and fall (remember chatroulette). However when you look at the biggest of the big, Uber, it was founded in March 2009, over 5 years ago, Instagram was launched 5 years ago, 2010, although you could argue this is already here (& gone).
So what could be big in the next 5 years; Smart Watches, have been around now for a while and Apple have just joined the market with the Apple-watch, however it does not feel like they are the finished article. Yet is leading the way for smart-tech and new companies like Ringly who just raised 5.1 million US to help take there unique designs of tech-rings to the next level. A lot like a smart-watch but for style conscious ladies, they have made smart jewellery, notifying you of emails, texts, meetings etc all through your jewellery. In the next five years Smart-tech integrated into your outfits and lifestyle.
Of the other areas which are likely to hit big, the sharing economy has huge potential. Sharing has been around for 100's of years (knock, knock, can I borrow some sugar..?) however the online rise of Onefinestay & Airbnb it has only just recently taken off and getting main stream traction (remember couchsufer?). With this success it could be the start of sharing in other areas with companies like Just Park, a app to rent people's parking spaces, Vayable, which lets you book a local expert who can share their knowledge or even Ski, surf and share equipment at Spinster. Who needs to own anything when you can borrow everything....
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