Health

These Businesses Are Going to Take Over the World Thanks to COVID-19

What Flies Like a Bird, but Has No Feathers? The time of drones for kids is long gone. The technology, as it is available now, has… Trista Smith - October 12, 2022

The COVID-19 pandemic has resulted in widespread economic damage, with businesses across various industries shutting down or experiencing reduced demand. However, several sectors have been largely unaffected by the pandemic and, in fact, have and will continue to experience tremendous growth. Here are just a few examples of industries that have been unexpectedly thriving during the pandemic. As the world adapts to the new reality of post-COVID-19, it will be interesting to see which other industries emerge as undefeated winners in the post-pandemic economy. Check out businesses that were booming through the pandemic, and are now poised to take over the world.

Home Fitness Equipment Was Booming During the Pandemic

The first industry that comes to mind is the home fitness industry. During the pandemic and the closure of brick-and-mortar gyms, people quickly started looking for ways to stay in shape. While doing Youtube fitness videos or guides and creating gym at-home gyms was not an innovative idea at the beginning of the pandemic, the home fitness industry truly saw a boom. The sales of equipment and subscriptions to online workout programs drastically increased. The entire sports equipment industry had an estimated of $15 in 2021. It will likely reach $16.8 by 2025. This is likely because the pandemic forced many gyms and fitness studios to close their doors during the pandemic. According to Industry News, a staggering 22% of brick-and-mortar gyms have closed since the pandemic. But what started as the only option is becoming pretty much the norm.

Online home fitness is thriving, and there is no question that it will continue. People are increasingly curious about finding new and convenient ways to stay active. Plus, the internet has provided a wealth of options. From streaming workout classes to on-demand fitness programs, there is no shortage of ways to get your heart pumping. What’s even better? You can do it from the comfort of your own home. Luckily, we are not in the middle of the pandemic anymore. Yet, many people still to look for safe and affordable ways to stay fit. The online home fitness industry has something for everyone. That includes free YouTube superstars that offer a killer workout to the more high-end competitors such as Peloton. So, whether you’re a seasoned gym rat or a complete beginner, an online workout is perfect.

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At-home gym assembly services are going through the roof. Thumbtack.

Are You an At-Home Gym Rat?

The fact that more people are working from home post-COVID-19 makes people lead busier lives because, contrary to popular belief, you work more from home! With the increased schedule comes less time to go to the gym. And even when we make it to the gym, we often find ourselves stuck on the same old routine daily. That’s where online home fitness comes in. With online home fitness, you can break out of your workout rut and try new things from the comfort of your own home. And with new technology, it’s easier than ever to get started. All you need is a smartphone or tablet and an internet connection, and you’re ready to go. Online home fitness is an excellent option whether you’re looking for a new workout routine or just want to mix things up.

And in this industry, we are not just talking about subscriptions and videos, but it also includes meal planning and dieting. You would be no stranger to at least 30% exposure in your social feed to gurus advertising and selling their personalized meal plans! Personalization is the name of the game, and you can see that from meal plans all the way to equipment. Keep reading for more businesses that were booming through the pandemic and are now poised to take over the world.

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Flaws with Home Fitness

Despite the industry growth, there could be some growing pains since the move towards everything online is not a new concept in this industry. For one thing, there’s a lot of misinformation out there. With so many people competing for attention, it’s hard to know whom to trust. And with the barriers to entry so low, anyone can hang up a shingle and start giving advice, regardless of their qualifications. Another challenge facing the online fitness industry is that it focuses on already fit people. The average person who wants to get in shape is bombarded with before-and-after photos and messages about how hard they must work to get results. It can be discouraging and even overwhelming.

But despite these challenges, the online fitness industry shows no signs of slowing down. So, whether you’re looking for trustworthy advice or just a little motivation, there’s an online fitness coach. What are you waiting for? Get moving! Keep reading about other businesses that were booming during the pandemic, and are poised to take over the world.

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Get Ahead with Online Courses

The online course creation industry is booming since the pandemic. The number of companies offering online courses has exploded in the last few years. And it’s no wonder why. Online courses offer a convenient and flexible way to learn new skills without going back to school or attending a traditional class. Plus, with the rise of mobile learning, you can now take your courses wherever you go. And this industry is ginormous, and today you can find courses from the weirdest of hobbies to the most advanced career, all as an online option. How about that?

With the rise of online learning, there has been a corresponding increase in the demand for online studies. This has created a thriving industry of lesson creators who design and develop courses for students worldwide. While individual instructors create some classes, many come from companies specializing in online education. These companies often have teams of designers, developers, and educators who work together to create high-quality courses. The course creation industry is a rapidly growing field, and it shows no signs of slowing down. With the right skills and experience, you can be part of this exciting industry and help people learn in new and innovative ways. The myriad of companies whose platforms facilitate this business model is growing. It is easier than ever for the regular Joe with the specialized knowledge to share it and get paid for it! Exciting, isn’t it?

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What’s Up, Udemy?

Udemy is a global online teaching and learning marketplace, and they released several studies confirming the massive amount of international participants on their platform. They reported an increase in enrollment rates. And another leader in the online learning platform world, Thinkific, said they had a 221% increase in new course creators on their platform. With so much opportunity for growth, it’s no wonder that more and more people are getting into the online course creation business.

According to a recent report, the online course creation industry is likely to reach $325 billion by 2025. Yep, you read that right, the industry is massive, and the beautiful thing is that you have as much access to that as anybody else. And yes, that’s many people learning many things! So, what’s driving this growth? One of the biggest factors is the increasing popularity of distance learning. If you’re thinking about creating your own course, now is definitely the time to do it. Just imagine getting just a split hair piece of this pie.

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Are You a Technology Creator?

With more and more people working remotely, there’s a growing demand for flexible education options that you can access from anywhere in the world. Online courses are becoming more affordable and accessible, thanks to technological advances and the rise of new platforms like Udemy and Coursera. But have you ever thought about who actually builds these? Well, you!… If you have the know-how. This can be a great industry since there is still so much room for growth. While there is a surge in course creators and revenue on these learning platforms, the result is that platform creators will positively impact supporting that growth. And we are not talking just about platforms that support individual course creators but big-shot learning institutions.

In today’s digital world, it’s more important than ever for educational institutions to have a strong online presence. By digitizing their infrastructure, schools can reach a wider audience and provide students with more learning opportunities. Additionally, digitization can help improve communication between teachers and students and different schools. Educators can make learning more efficient and effective by making information more readily available. As the world continues to go digital, it’s clear that digitization is the future of education, and you can be behind the scenes making all of this happen.

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Ready to Make the BIG BUCKS Online?

E-commerce companies have benefited from the fact that people are avoiding physical stores. There has been significant growth in the online retail sector, with an increasing number of people working from home and avoiding brick-and-mortar stores. E-Commerce platforms have seen a surge in traffic and sales, and there is no stopping in the future. And the options to sell your goods are more abundant than ever. Think Etsy, Amazon, and eBay, no name a few.

The growth of e-commerce in America is coming back with a vengeance. August 2020 saw sales increase 40% over last year, reaching $63 billion! With more people now having access to online shopping on all platforms, this will make it easier than ever with the accompanying experience of spending less time getting to and from the store location and suffering through long lines at checkouts. As I’ve said before: “The future’s bright!” And the most beautiful part is that you don’t have to develop your brand-new idea. Ever heard of print-on-demand? Yeah, not the sexiest stuff out there, but it is a growing industry and will not be affected in the event of another lockdown, know what I mean?

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Hit Me Up on Zoom!

Have you noticed that this industry began booming since the pandemic? Another industry that COVID-19 has bolstered is the video conferencing sector. With Zoom, Google Meet, and other platforms becoming essential tools for work and school, this industry is likely to see continuous growth in the years to come. As companies began introducing remote work policies, video conferencing became a popular tool. For who? Well, for everyone, especially those who wanted the flexibility and ease of access that comes with joining in on meetings from anywhere. Zoom’s share prices, for example, soared nearly 400% over the last two years largely because they were ahead when it came down to making this transition easier than any other company. You can bet your bottom dollar that we’ll see even more innovations coming soon!

Like video capability companies, there are other remote work platforms. The world of accounting software, for example, is changing, too, as more people and small businesses adopt cloud-based applications that allow them to access financial records from anywhere at any time. LiveCA, a company providing Cloud Application Services, is doing well at a time when some businesses are cutting back and not paying their debts. They’ve signed on over $400,000 in new clients since the pandemic began! And buckle up, kids. With the unstoppable recession, this is a service that will continue to grow and grow and grow, capish?

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Doctor, Please Come to Me.

The healthcare sector has also seen significant growth due to the pandemic. This sector may continue to grow in importance. Have you noticed that more and more healthcare plans are pushing for telehealth? Well, let me tell you, on top of it being highly convenient for the patients, it is a step towards increasing revenue to the health providers—more people in less time. So no, it will not stop… not any time soon. Clearly, this is not for people with serious conditions but considering that most doctor visits are for things that are not “medical emergencies,” this is a step in the right direction.

The U.S. government announced an expansion to virtual healthcare services, likely set for growth worldwide. This is great news because patients have more options when they need medical help. With this technology’s help, doctors can now provide treatment for patients who might not otherwise be able to meet their needs due to distance or finances. This industry is estimated to grow to $16.7 billion by 2025. Keep reading for more businesses that were booming through the pandemic and are now poised to take over the world.

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We’re Living in the New Reality… Virtual Reality

Virtual reality has been making waves in the last few years. With new platforms always coming out, it’s no wonder why this is happening! V.R. can be used for so much more than just gaming, though; from traveling to exploring other worlds – there really isn’t anything that virtually doesn’t do at the present moment, and its growth only seems exponential these days. It all started with the help of Forte VFX1 (a virtual reality headset), which gamers wore so they could enter their computer-generated worlds without getting lost or injuring themselves in real life! These days you can go on any number of adventures through immersive headsets like Oculus Rift CV1 (which comes bundled with an Xbox One controller) and Project Morpheus V.R. Headset for PlayStation 4.

Virtual reality has been around for decades, but only in the last few years have people started to take notice. The technology is going from being something that you will see on an occasional T.V. show or movie scenes with some subtitles and sound effects – to fully immersive worlds where there are no windows open at all. Everything comes alive before your eyes as if it were happening right then and there, and we can even activate it by touch. Scary to think that many in the newer generations will be more drawn to live in this world than in the real world. So, everyone should use this technology carefully. After all, our brains are visually sensitive.

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Online Groceries and the Pandemic

In today’s hectic world, it’s no surprise that grocery delivery services have become increasingly popular. We no longer have to waste precious time standing in line at the store or fighting for a parking spot. Instead, we can simply place our order online and deliver it to our door. In addition to being convenient, grocery delivery services can also help to save money. By eliminating the temptation to impulse buy, we can stick to our budgets and get only the items we need. And don’t we all like that? And with many delivery services offering subscription plans, we can save on delivery fees. Whether short on time or looking to save a few dollars, it’s easy to see why grocery delivery services are becoming a staple in many households and an industry that will continue to explode in the coming years.

According to Technavio, a leading global technology research and advisory company, the online grocery delivery services market will grow by $800.00 bn from 2020 to 2025. Instacart is one that many people know about. They send personal shoppers to your local grocery store so you can get anything delivered straight home! Depending on where in the U.S., you can find grocery providers such as Wegman’s, Whole Foods, or Publix nearby. However, if not… then it does not matter because you can just use the handy grocery delivery services, where the convenience is literally at the tap of a button. Keep reading for more businesses that were booming through the pandemic and are now poised to take over the world.

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But I Don’t Want to Cook…

Have you heard of Freshly…? Probably, because I know you have not been living under a rock. Here is another beautiful industry that has seen growth post-COVID-19 world. And everything ties together beautifully to create the utmost convenience. I get it. People want the convenience of not having to cook yet not increasing the calorie count with restaurant food, so here is where we are. Delivery service of healthy options is ready for you with abundant choices.

These days, it seems like there’s a subscription service for everything, from streaming movies to monthly makeup boxes. But one of the most useful (and delicious) subscription services is a meal delivery service. A meal delivery service can be a lifesaver for busy people who don’t have time to grocery shop and cook every night. You can have fresh, healthy meals delivered right to your door with just a few clicks. And because the meals are already cooked, all you have to do is heat them and enjoy them. Whether you’re short on time or just looking for some culinary inspiration, a meal delivery service is a great way to make life a little easier (and a lot tastier), so there is definitely a sense in the expansion.

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Hello, How Can I Help You Today?

The global chatbot market size was worth $526 million in 2021. People expect it to reach $3.619 million by 2030…did you read that right, yes $3.619 million! An innovative form of AI technology is conversational artificial intelligence. Companies such as Facebook Messenger, Amazon, Alexa, Target, and more have used it in recent years. These mimic human conversations where users interact through messaging apps like WhatsApp or other applications. Yes, it has the advantage of offering more interaction with less overhead. After all, it is all a bot. The possibilities are endless, loaded with hundreds of possible interactions and created in whatever tone and format the client may want.

The chatbot system is an innovative way for businesses to conveniently reach customers. Middle of the night conversation, anyone? It uses conversational artificial intelligence technology that simulates a conversation with you via messaging apps, websites, or mobile phones by using rule-based language applications which can perform live functions like the best of the company’s client service specialist. And this technology does not just apply to customer-related inquiries but can also guide clients through actions or tutorials. Unfortunately, for the lower-level employees that typically fill these roles, the growth will come from the creator of these technologies. Companies like Baidu, WeChat, and Creative Virtual, to name a few. Keep reading for more businesses that were booming through the pandemic and are now poised to take over the world.

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Let Me Go Ahead and Deposit That Check.

Branchless banking is the new way to the bank. This type of service often relies on information and communications technologies like email, texts, or phone calls for transaction details instead of going into conventional branch locations. Dealing with long lines just so they have The process may seem unappealing but think about it, you have probably already been making those deposits from your phone anyways…so the growth into more advanced functionalities seems logical, doesn’t it? With the use of technology, we can pretty much do anything that we can think of you would by going to a bank in person. I must admit, though, that it was kind of early when I first walked into my favorite branch and saw that they had eliminated almost every one of the tellers, except for one and one other loan officer.

The future is here, and it is now. You can do everything from deposits, transfers, loan applications, account openings, and so on, from your phone or desktop. With encrypted technology, you can move any amount of money and rest assured that the transaction is safe. Branchless banking is a hot new trend in the financial industry. It’s attractive to banks because they don’t need as much capital spent on people and physical locations, which can go towards customer acquisition or engineering – but what does this all mean? Well, for one thing: we may see an increase in branch-free offices! Neobank and fintech startups like Chime, Simple, and Revolut have led the way with no branches and only online access. Don’t act surprised if more traditional giants like Chase and Bank of America follow suit.

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Please Step Away from the Door.

Surveillance is no longer only for security purposes. It has become an essential tool in our lives. The modern surveillance systems available today go far beyond traditional means and continue to evolve with technological advances. They give us peace of mind knowing that someone will be there if anything happens while we’re away or at night. The personal surveillance industry is strong, and with the technology not being brand new and more accessible, more and more users are taking advantage of it.

The market for surveillance systems is growing at an incredible rate. And, of course, technology plays a major role in enhancing security. Alarm systems, security access, video feeds, and monitoring activities can see the applications. There are more options than ever before. You can use alarms as passive or active devices. They’ll wake you up if something happens but don’t bother your neighbors with noise (like a fire). And access control devices let people in only when it should feel acceptable – a great way to keep kids away from certain areas at school. Again, think about covering more for less. Way less. Remember, for example, when alarm systems were running at $80 a month? Well, you can find companies today like SimpliSafe that, with one initial investment of about $250, will sell you a full system to secure the whole house with as low as $20 a month for monthly service. And that’s just one of the many applications of the growing surveillance systems market.

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Warning, Your Account Data Was Leaked During the Pandemic

The remote working world has given cybercriminals more opportunities to find susceptible victims since the pandemic. Online shopping and delivery services are seeing increasing demand, which means that enterprising criminals can sell their products without having any physical presence in stores or pickup points–allowing them access to customer data within seconds! The growing number of people who do business remotely online opens up new routes for hackers looking to steal personal information by targeting those most likely vulnerable, the consumers. Hence, the rise of Cybersecurity. Cybersecurity is the process that provides and maintains confidentiality, integrity, availability, and privacy. According to BrandEssence, a tech research and consulting firm, by 2027, the global cybersecurity market will reach $403 billion.

Cybersecurity is always a hot topic, and it’s no surprise that more cyber attacks are happening yearly. Between 2020-2101 the average number of cybersecurity incursions per annum rose 31%, that’s about 270 breaches. The massive growth in this industry creates a huge need for trained professionals that will be tending to these trends. At the moment, there is a lack of these types of professionals. If you think about it, most of the industries that are seeing growth are mostly in the online space, so this should be “numero uno,” the top most important of all. Nothing will be possible without the security needed to run all the new platforms, software, and so on. Keep reading for more businesses that were booming through the pandemic and are now poised to take over the world.

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Pandemic = Game On!

With China, South Korea, and Japan leading the way with online gaming presence among the population, this industry has seen 21.9% growth compared to the previous year (2021 to 2022). According to Statista, in 2020, the global online gaming market generated approximately $21.1 billion in revenues. Online gaming has become a popular hobby for people of all ages. Whether you’re playing alone or with friends, there’s a game for everyone. One of the great things about online gaming is that you can play it anytime, anywhere. You don’t need to make an appointment or find a babysitter – you can just log in and start playing. And if you’re not in the mood for competition, plenty of games allow you to relax and explore at your own pace.

Whether you’re an MMO addict, a casual player, or just someone who likes to kick back with a good game now and then, there’s no denying that online gaming is a huge part of our lives. It’s a great way to relax, have fun, socialize with friends (and sometimes even make new ones). Not to mention, it can be quite addictive – in the best way possible. But what about online gaming keeps us coming back for more? Is it the constant sense of competition? The camaraderie of playing with (or against) friends? The never-ending quest for that next level or boss kill? Or is it something else entirely? Whatever the reason, one thing is for sure: we can’t get enough of it. And we probably never will. So fire up your console or P.C. and get ready to game on!

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Jump on the Bike, and Let’s Roll Past the Pandemic!

Have you noticed that this industry began booming since the pandemic? Bike-sharing services are becoming increasingly popular in cities around the world. And it’s easy to see why – they’re a convenient, affordable, and eco-friendly way to get around. Whether commuting to work or exploring a new city, bike sharing is a great option. And best of all, you don’t have to worry about maintenance or storage – just hop on and go! This is why this industry, the share bike industry, is on an upward trend. According to Research and Markets, a market research company, the global bike-sharing market reached a value of US$ 3.28 billion in 2021, and research shows it can reach a value of $4.49 billion by 2027.

Bike sharing is an innovative and sustainable form of transport that has the potential to revolutionize how we get around our cities. Bikes can be rented out for short periods, making it easy for people living in large cosmopolitan cities! The model allows users to save money on gas while helping reduce carbon dioxide emissions in communities worldwide. An added benefit of physical activity will enable riders to explore new areas while also doing something good for their health. It’s a win-win if you ask me. Nothing like taking a break from the company and hopping on and exploring the surroundings. It is like a very cheap version of a gym but way more fun! The bike-sharing services industry touches on other areas of high importance, like physical health, climate control, and economic opportunity, making it an industry projected to grow because of its significance. Keep reading for more businesses that were booming through the pandemic and are now poised to take over the world.

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What Flies Like a Bird, but Has No Feathers?

The time of drones for kids is long gone. The technology, as it is available now, has far-reaching applications. One of the most impactful of those is the use of policing. In some countries, including Spain and China we have seen the use of drones for monitoring purposes during lockdown campaigns. These governments have relied on drone technology to push their guidelines. Hopefully, we will not be seeing more of that and instead be able to use the technology for things like emergencies. When these situations arise due to natural disasters or civil unrest it becomes necessary to maintain security while also ensuring that citizens can go about their daily lives without fear. Things like delivering public announcements or providing medical services to people cut off from those disasters are serious and thought-provoking applications of drone technology.

While the origins of drone technology were in the military, these babies do their magic in commercial and civil government applications. For example, scenarios such as searching for survivors or putting out fires with great efficiency compared to humans, who may take hours, if not days, before they can complete the task when dangerous and life-threatening situations exist. The drone industry will grow exponentially in the next few years, with strong global investment and new business use cases. These factors have made it one of today’s most lucrative industries. However, many questions remain unanswered! Drone Industry Insights projects the global market for drone technologies will reach $43.1 billion by 2024, up from $14.1 billion in 2018.

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Now Serving the Senior Population.

The U.S., with its large population of aging seniors, has never seen anything like it before, especially since the pandemic. The baby boomers are passing through each stage in their lives, one after another! They’ve brought both challenges and opportunities to this country’s economy. No other generation will impact infrastructure or institutions as we know them today when these people reach old age, creating an industry that will continue to grow with all the services needed to service that population sector. The assisted living and nursing home industry will be one of the most interesting plays on an aging population for obvious reasons. As baby boomers continue to grow older, more people will have these types of services in their lifetimes than ever before. It means that there’s room at both ends. That is constantly filled rooms as well as expansion opportunities within properties. In return, ultimately generating higher profits!

Another sector set to grow due to the large aging population is the pharmaceutical industry. As people live longer and longer, they will inevitably need more and more medications to manage chronic conditions. In addition, the baby boomer generation is already starting to experience age-related health problems, such as arthritis and heart disease. This means that there will be an increasing demand for both over-the-counter and prescription drugs. For many seniors, this could create a real financial burden. However, the silver lining is that the aging population is also relatively wealthy. So, they will be able to afford to pay for their medications. In other words, while there may be some challenges associated with an aging population, the pharmaceutical industry is set to benefit greatly.

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