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Ask HN: What are some examples of small but rapidly growing markets?
I watched Sam Altman's amazing "How to Start a Startup" talk yesterday. Sam mentions that it's usually advantageous to build something for a market that is small and rapidly growing. One reason being that such markets aren't yet saturated with solutions and there's still stuff "obviously missing" - unlike in big, established markets. So, question is - What are some examples of small but rapidly growing markets? I have thought of a few, but am just interested in other perspectives.
- yohann305 9y agoi'm going to mention the obvious first: ML, AR/VR, blockchain, solar energy, self-driving cars, and IOT Some less obvious, smaller markets: - Miniature construction is a small growing market: https://www.minimaterials.com/pages/our-story https://www.minimaterials.com/pages/our-story - Self-sustaining urban farms: https://www.fastcompany.com/40483835/kimbal-musk-defends-his-container-farming-accelerator https://www.fastcompany.com/40483835/kimbal-musk-defends-his... Curious to hear which one you are thinking about, feel free to share. thanks
- JJseiko 8y agoHi Yohann! Sorry for not replying timely, but in all honesty, those are pretty much exactly the ones that I though of (except the miniature construction thing actually)... Best, Johannes