Mobile App Development.
With a majority of people using smartphones, there are countless apps that are developed every day. In order to tap into new revenue streams, companies now find mobile apps more useful than desktops. Currently, there are around 2.53 billion Smartphone users worldwide, and the number is expected to grow by 2.87 billion by the end of 2020.
Since the vast number of apps operate on a free or freemium basis, in-app purchases and digital advertising represent their primary strategies of app monetization.
It is giving a lot of app developers a bright future in the industry. If you are brilliant tech-savvy, then you may think this as one of the best businesses to start in 2020. Get as many clients as possible. Hire other developers, as required to meet the requirements of your clients.
Choosing a business is totally a personal decision. You may find a lot of other possibilities, but coming up with some small business ideas that yield higher profits is little tricky. So, choose your passion from the above list and turn your dream into reality.