If you’re looking to start a tech business with high revenue potential, you’ve come to the right place.
Last year, the economic output of the tech industry was over $2 trillion. And, since 2007, the average successful startup exit via either an IPO or acquisition has been approximately $250 million!
Well, for every such success story there is a graveyard of 100s of startups. So if you’re a newbie entrepreneur hoping to make it big in tech, you must and should start with a really good, high potential, profitable tech startup idea.
We’ve compiled a list of tech startup ideas that can potentially scale up to 6 to 8 figures, and have a high probability of success for newbie entrepreneurs.
Check them all out:
List of High Potential Tech Startup Ideas for 2024
1. NFT Minter
Many artists are now turning to blockchains and NFTs for preserving the ownership of their work. But minting NFTs directly on the blockchain may come across as a tricky process. In such events, a good NFT minter that allows easy minting of NFTs will find significant utility in the world. Lazy minting can be a stand-out feature for these minters.
Demand/Potential
The NFT daily sales revenue has hovered around $15 million in 2023. This huge market has appetized all artists, and they wish to jump on this bandwagon. Hence, this makes even the NFT Minter venture a profitable one.
- Industry/Category: Blockchain
- MVP Build Time: 6-8 weeks
- Possible Business Model: Subscription-based
- Successful Examples: LinksUp, SmartMint
2. Smart Contract Development
Smart contracts are essential for running any kind of business on the blockchain. In a world that is quickly transforming itself, no one should be held back from creating blockchain-based solutions, just because they don’t know to code. So, a smart contract development app can find a lot of demand.
Demand/Potential
When there was a surge in the blockchain market, the Smart Contract Development platforms weren’t left far behind. Today, they account for over 10.2% of the overall blockchain market and generate US$ 183.1 Million (2022) in market revenue.
- Industry/Category: Blockchain
- MVP Build Time: 6-8 weeks
- Possible Business Model: Subscription-based
- Successful Examples: FlexSmart, NiftyKit, Bueno.art
3. No-Code Blockchain Development Platform
As a small business, outsourcing blockchain development to a dev shop or an agency or even an agile nearshore development team could be quite heavy on the pocket. On the other hand, a blockchain development platform could be very helpful and handy to these small businesses create solutions without having to worry about deep pockets or resources.
Demand/Potential
The overall Blockchain market has been estimated to be around $7.4 billion in 2022, with a projected CAGR of 66.2%. This boom has created a demand for platforms that’ll help entrepreneurs develop blockchain solutions despite having no coding knowledge and limited resources.
- Industry/Category: Blockchain
- MVP Build Time: 30-50 weeks
- Possible Business Model: Subscription-based
- Successful Examples: Decentology, Abridged
4. Web3 App Builder
As more and more Web2 companies shift towards designing the Web3 versions of their existing app, a no-code Web3 App builder will have a huge customer base. A Web3 App builder helps people design, integrate, and set up an entire app, all at one place.
Demand/Potential
With the increasing shift towards Web3, its overall market cap has reached $27.5 billion and is currently seeing a growth of 43.7%. Developers can strategically utilize this need and generate profit.
- Industry/Category: Web3
- MVP Build Time: 6-8 weeks
- Possible Business Model: Free and Subscription-based
- Successful Examples: ThirdWeb, Bunzz, ICME
5. DAO Builder
DAOs aim to create a non-hierarchical organizational model where decisions are made on a majority basis and there is no central authority governing its course. This makes the creation of DAOs extremely tempting for small entrepreneurs. An easy-to-use DAO builder, therefore, sees great business potential.
Demand/Potential
According to a report by Brian Newar in June 2022, the market status of DAO builders currently stood at around $20 billion. This would mean hefty returns for entrepreneurs wishing to enter this growing market.
- Industry/Category: Web3
- MVP Build Time: 6-8 weeks
- Possible Business Model: Subscription-based
- Successful Examples: Moralis, Upstream, Aragon
6. NFT-wallet
While there are numerous options for crypto wallets, they rarely support the storage of NFTs. But since NFTs have now become one of the important ingredients of a balanced crypto portfolio, it makes sense to create an NFT wallet and allow people to buy and store NFTs.
Demand/Potential
With an increase in the NFT market, the number of wallets participating in the transactions has also increased. Currently, an estimated 10,000 active wallets participate in transactions every single day, making the venture of creating NFT wallets pretty profitable.
- Industry/Category: Web3
- MVP Build Time: 6-8 weeks
- Possible Business Model: Subscription-based
- Successful Examples: Enjin, AlphaWallet, Moonwalk
7. DApp Builder
Many Web3 businesses require DApps to allow their users to engage in transactions directly without any centralized authority looking over them or prohibiting their actions. However, creating a DApp can be a big task in the absence of a DApp builder.
Demand/Potential
The DApp market is huge, with a valuation of $25.63 billion in 2022. However, outsourcing the app creation can prove to be very expensive. Hence, most people are turning to DApp builders that can create the platform for them cheaply and easily.
- Industry/Category: Web3
- MVP Build Time: 6-8 weeks
- Possible Business Model: Subscription-based
- Successful Examples: Ethora, ICME
8. Crypto Wallet
There are plenty of crypto wallets out there in the market. However, only a few support features like copy trading, price monitoring, portfolio management, etc. So, creating a crypto wallet with such attractive features will gather a lot of customer attention.
Demand/Potential
The crypto wallet is a testament to the growing popularity of cryptocurrency. The overall Crypto Wallet market size is $8052.98 million in 2022 and is increasing at a CAGR of 30.76%.
- Industry/Category: Web3
- MVP Build Time: 6-8 weeks
- Possible Business Model: Subscription-based
- Successful Examples: Math Wallet, Trust Wallet
9. Web3 Commerce
People are extremely comfortable with the ease and efficiency of e-commerce. This is a big reason why they may be reluctant to try their hands on Web3 products. So, Web3 commerce that combines the effectiveness of e-commerce with the advancements of Web3 will capture the attention of many users.
Demand/Potential
Web3 has enabled retailers to leverage blockchain technology to ease their processes. This proven dependence has helped in the rise of the global market of Web3 in e-commerce, which is estimated to generate $3 billion in annual cost savings by 2025.
- Industry/Category: Web3
- MVP Build Time: 6-8 weeks
- Possible Business Model: Subscription-based
- Successful Examples: Novel, GuardianLink, Fluid Commerce
10. Token Generator
Almost all Web3 projects require token generation in their lifecycle. Since tokens form an integral part of digital economics, a token generator has a lot of market potential and quite less competition.
Demand/Potential
As the Web3 market increases at a CAGR of 44.9% every year, the overall market for the Token Generator is also expected to rise with it simultaneously. Small entrepreneurs can expect a good chunk of profit from it.
- Industry/Category: Web3
- MVP Build Time: 6-8 weeks
- Possible Business Model: Subscription-based
- Successful Examples: TrustSwap, XDC
11. On-Demand Digital Product Design
It’s a pain to research, draft, build MVP and finalize a mobile or web app with the best design and UX. More businesses will avail and incorporate on-demand services into their system in the coming years. Build an on-demand digital product design software, delivering mobile & web apps and UI/UX design.
Demand/Potential
The market for global Product Design Development services stood at USD 192.97 Billion in 2022. While the on-demand segment of this overall market would be smaller, it certainly would be profitable
- Industry/Category: Design
- Possible Business Model/s: Subscription-based, Flat-pricing
- MVP Build Time: 4-6 weeks
- Successful Examples: Sentio, Softjourn, WolfpackDigital
12. Parking Space Finder App
Finding a space to park is like hunting for an endangered animal. On average, people waste 17 hours a year driving around looking for parking. Build a parking space finder app to let people browse parking spaces near them or pre-book one.
Demand/Potential
According to Allied Market Research, the market for the Parking Space Finder App is huge. It enjoyed a $6.8 billion market size in 2022 and is expected to reach $33.5 billion by 2032.
- Industry/Category: IoT
- Possible Business Model/s: Subscription-based, Flat-pricing
- MVP Build Time: 6-8 weeks
- Successful Examples: ParkMobile, Rover, SpotHero
13. On-Demand Fuel Delivery App
It’s a pain in the neck to commute to fuel stations and wait for your turn. The mobile fuel delivery market is anticipated to record a CAGR of 6.8% during 2022 - 2032 (FMI), as more people demand convenience. Build an on-demand fuel delivery app to ensure refueling of cars no matter where the customer is.
Demand/Potential
It might take only 2 to 3 minutes to actually fuel up a car, but the time to search and reach a fuel station can be very long. Drivers are willing to pay a small fee in exchange for an app that can easily help them locate empty fuel stations and save time.
- Industry/Category: Hyperlocal Delivery
- Possible Business Model/s: Transactional, Subscription-based
- MVP Build Time: 4-6 weeks
- Successful Examples: Yoshi, Fuelster, Ezfill
14. Employee Coaching Platform
As jobs are getting more technical and complicated, it requires employees to be updated with everything in their domain which calls for coaching and training. 94% of employees say, they’ll last longer with the firm if it invests in their learning and development. (Rallyware, 2021). Build an employee coaching platform, providing the employees with the latest skills and technology to match their positions.
Demand/Potential
The global market for Coaching has reached $2,377.6 million in 2023. The employee coaching segment might account for a portion of this market size, but it is large and very profitable.
- Industry/Category: Education
- Possible Business Model/s: Subscription-based
- MVP Build Time: 8-10 weeks
- Successful Examples: BetterUp, Edapp, Seismic
15. Collaborative Learning Platform
Collaborative learning is a growing market as more people prefer having an accountability partner which makes the journey easier. You can look up to them for doubts or discussions but the question is, where to find them? Build a collaborative learning platform allowing children to learn and study together, ask others a question when they are stuck and help them answer doubts.
Demand/Potential
The Collaborative Software Market is currently valued at $16.1 billion. The rising need for a platform that helps children learn remotely, especially after the pandemic, makes the Collaborative Learning Platform a profitable venture.
- Industry/Category: Education
- Possible Business Model/s: Subscription-based
- MVP Build Time: 6-8 weeks
- Successful Examples: Synthesis
16. Plant-Based Products Web App
SPINS retail sales data shows, that plant-based food in the US is a $7 billion market. As more people are getting conscious, they are switching to a vegan or plant-based diets. Build an app to let users shop for plant-based products like plant-based milk and meat.
Demand/Potential
The global Plant-based Food market is growing exponentially at a CAGR of 5.07% till 2030. With this continued growth, any venture that aids people to take this new diet will prove to be very successful.
- Industry/Category: E-commerce
- Possible Business Model/s: Transactional
- MVP Build Time: 4-6 weeks
- Successful Examples: BeyondMeat, Impossible, NotCo
17. 3D Printing Service Web App
It’s hard for manufacturers and product designers to evaluate a 2D product model. Manufacturing businesses are increasingly using 3D models for prototyping their products which helps them understand the product's needs better. Build a web app to provide 3d printing services to manufacturing companies.
Demand/Potential
The 3D Printing Market size was valued at USD 18.33 billion in 2022 and is expected to reach USD 105.99 billion by 2030. The immense growth is a sign that people are ready to pay a good amount for any services, including a web app for 3D Printing.
- Industry/Category: 3D Printing
- Possible Business Model/s: Transactional, Flat-pricing
- MVP Build Time: 4-6 weeks
- Successful Examples: Fictiv, Markforged, MakerBot
18. On-Demand Graphic Design Platform
Recruiting an in-house graphic designer isn't enough and hiring several freelancers can be pocket-draining. On-demand platforms are carving their way out, proving the best for services like this. Build an on-demand graphic designing platform to provide users with different designs based on their needs like logo design, website design, landing page design, etc.
Demand/Potential
As more businesses get established every day, the need for an on-demand graphic designing platform also increases. The Global Graphic Designing Software Market stood at $7.45 Bn in 2022 and will reach $14.33 Bn by 2029.
- Industry/Category: Design
- Possible Business Model/s: Transactional, Flat-pricing
- MVP Build Time: 2-4 weeks
- Successful Examples: DesignPickle, AllTimeDesign, Superside, Content Beta
19. On-Demand Data Mining & Analytics Platform
Mining and analyzing data is a complicated and uphill battle. It’s a wiser choice to outsource this task and let experts perform their duty. Businesses are increasingly outsourcing their complicated or time-demanding tasks. Build a platform to provide on-demand data mining & analytics services to specific companies.
Demand/Potential
Currently, the overall market size of gobal Data Mining Tools is valued at $900.7 million and is projected to grow from $1,005.9 million in 2023 to $2,400 million by 2030. This, in turn, also means growth in the on-demand sector.
- Industry/Category: Web Design
- Possible Business Model/s: Transactional, Flat-pricing
- MVP Build Time: 2-4 weeks
- Successful Examples: Sisense
20. Homeschooling Platform
According to NHERI, 6.7% of US students are homeschooled. One of the reasons parents are preferring homeschooling their children is the lack of practical knowledge in traditional schooling. Build a homeschooling platform to provide children of a niche age group education. Include course, videos, sheets, support, and certification.
Demand/Potential
More and more parents are turning towards Homeschooling, as evidenced by the hefty market size it enjoys. The global market size of the sector is projected to reach $10.14 billion in 2029.
- Industry/Category: Education
- Possible Business Model/s: Subscription-based
- MVP Build Time: 8-10 weeks
- Successful Examples: Outschool, etutorworld, GoStudent
21. On-Demand Online Tutor Platform
As the world is shifting on a computer, online education is budding more than ever. The online tutoring market is expected to accelerate at a CAGR of 16.17%. (Technavio) From basic maths to advanced IT, there is an online solution for everything. Now you won’t have to run in the city to find the best tutor. Build a platform to provide on-demand tutors based on users' needs. You can also niche down to say, English tutors or self-development tutors.
Demand/Potential
The overall market share for Online Tutoring Services was valued at $7.69 billion in 2022. Of course, since there is a rise in the adoption of online learning methods, the market for on-demand services is also expected to grow.
- Industry/Category: Education
- Possible Business Model/s: Subscription-based, Transactional
- MVP Build Time: 6-8 weeks
- Successful Examples: Cambly, TutorOcean, TutorMe
22. Niche Streaming Service
Online streaming services are booming and are here to stay. It has taken away the pain of buying audio and video tapes and going searching for cinemas to watch our favorite movies. Build a streaming service platform for a niche audience or category, say a cartoon streaming platform for kids.
Demand/Potential
Instead of splurging on different streaming services, people are willing to pay for a single, niche streaming service that can meet their specific tastes. This is evidenced by the 28 million subscriptions to SVOD platforms (11% of the global streaming market).
- Industry/Category: Entertainment
- Possible Business Model/s: Subscription-based
- MVP Build Time: 6-8 weeks
- Successful Examples:
23. B2B Lead Generation Agency
Lead generation has to be the most cumbersome yet significant task for any business. 61% of marketers rank lead generation as their number one challenge. (Hubspot) But now, lead generation agencies take care of leads for you, so you can focus on building your brand and products. Build a lead generation agency for B2B companies. You can further niche down to different categories for B2B business depending on your expertise.
Demand/Potential
The global B2B Lead Generation Services market reached an all-time high in 2022, reaching an estimated $21825.3 million. A CAGR of 11.27% is expected to push these numbers to $41417.63 million in 2028.
- Industry/Category: B2B
- Possible Business Model/s: Flat-pricing
- MVP Build Time: 4-6 weeks
- Successful Examples: LeadCookie
24. Immigration Service Platform
If you’ve ever applied for it, you must know how tough the process of acquiring visas and green card is. With a continuous increase in global immigrants, service like immigration assistance is sure to gain popularity. Build an immigration service platform for a specific country to assist users with their application, lawyer support, and reviews.
Demand/Potential
Due to the increased immigration of people in search of better opportunities, the global market of the global Immigration Service Platform has reached USD 19 billion. This number is expected to reach USD 234 billion by 2036.
- Industry/Category: Legal
- Possible Business Model/s: Transactional
- MVP Build Time: 4-6 weeks
- Successful Examples: DYgreencard, Visalex
25. Trademark Assistance Tool
Trademark is a legally registered identity of your brand. As a matter of fact, 1 in 5 trademark applications gets rejected, which makes it a tough process. Build a tool to assist users in their trademark application.
Demand/Potential
The global market for Patents and Trademark Services stood at USD 6048 million in 2022 and is expected to reach USD 13360 million by 2031.
- Industry/Category: Legal
- Possible Business Model/s: Transactional
- MVP Build Time: 4-6 weeks
- Successful Examples: Haloo
26. All-In-One Legal Ops Management
According to McKinsey & Company, “Legal operations has emerged as a core hub in corporate legal departments”. However, pacing up with all legal operations at once is not efficiently possible for a business. Build a legal operations management platform to provide businesses with assistance and analytics.
Demand/Potential
Between 2022 and 2029, the Legal Operations Software market is expected to witness a boom. The growth rate is going to reach a rate of 14.60% in this period.
- Industry/Category: Legal
- Possible Business Model/s: Transactional
- MVP Build Time: 4-6 weeks
- Successful Examples: Brightflag
27. Remote Patient Monitoring Software
Going back and forth every week or so for regular check-ups to a doctor can make you sluggish. According to Research & Markets, the global remote patient monitoring market is projected to reach USD 175.2 Billion by 2027. Build a patient monitoring software to enable doctors to keep a check on their patients via software and receive updates.
Demand/Potential
The global Remote Patient Monitoring Software market reached $14.0 billion in revenue in 2023. At the forecasted growth of 20.1% from 2023 to 2029, its share will easily increase to $41.7 billion by 2028.
- Industry/Category: Healthcare
- Possible Business Model/s: Subscription-based
- MVP Build Time: 8-10 weeks
- Successful Examples: ChronicWatch, Certintell
28. Meal Prep Kit Service
Do you too find yourself pondering upon the thought of today’s dinner? It’s hard to think of what to cook and go grocery shopping. The meal kit service is gaining high popularity and is expected to witness a CAGR of 17.4% from 2022 to 2030. (Grand View Research). Build a subscription service to deliver meal prep ingredients to users' doorstep.
Demand/Potential
Many individuals are turning to Meal Prep Kit Services to ease their lifestyles and focus on more productive tasks. Due to this popularity, the global market of this service is at $20.96 billion and will reach around $64.4 billion by 2030.
- Industry/Category: Food
- Possible Business Model/s: Subscription-based
- MVP Build Time: 4-6 weeks
- Successful Examples: Sunbasket, HomeChef, EveryPlate
29. On-Demand Cloud Computing Services
It becomes expensive to set up onsite hardware, software and storage infra. The value of the global cloud computing market will be $832.1 billion by 2025. Build an on-demand cloud computing service platform to provide users with IT resources over the internet to a specific user base.
Demand/Potential
The demand for Cloud Computing Services is quite visible in the overall market growth it has witnessed. The 2022 valuation of the services is $454.20 billion, with a CAGR of 17.10%.
- Industry/Category: Cloud-Computing
- Possible Business Model/s: Subscription-based, Flat-pricing
- MVP Build Time: 4-6 weeks
- Successful Examples: HPEGreenLake, Zenoti
30. Gym Membership Software
There were more than 184 million gym members in 2020, and this number is increasing continuously. It’s hard for gym owners to keep a track of their members' subscription dates, pending subscriptions and members' information physically. Build a gym membership software to help gym owners keep track of all their members’ information.
Demand/Potential
Several Gym Management Software are popping up on the market, making the global valuation of the services rise to $13570.0 million in 2021. At a forecasted CAGR of 14.43%, it’ll reach $30470.0 million by 2027.
- Industry/Category: Fitness, SaaS
- Possible Business Model/s: Subscription-based
- MVP Build Time: 8-10 weeks
- Successful Examples: FitSW
31. Rolling Funds Platform
It becomes expensive for small investors to invest bulk amounts. But now with the launch of rolling funds, people don’t need much capital to start investing. Rolling funds are pooled investments that remain open to investors every quarter. Build a rolling funds platform to let business list their companies and allow users to invest in those funds.
Demand/Potential
The Rolling Funds Stock Market is huge, with a valuation of $54.6 million in 2023. Companies wishing to take advantage of this market are increasingly turning to rolling funds platforms that’ll help them list easily.
- Industry/Category: Finance
- Possible Business Model/s: Subscription-based
- MVP Build Time: 6-8 weeks
- Successful Examples: AngelList
To have a better understanding of rolling funds, watch this video:
32. Startup Incubator Service
Startups find it difficult to sustain themselves in the market due to a lack of knowledge and mentorship. With the increase in the number of startups year by year, demand for startup incubations will also rise. Build a startup incubation service platform to provide startups with the aid they need to fly high.
Demand/Potential
The global business incubator market has grown exponentially and is expected to witness a CAGR of 8.7% between 2023 and 2030. With this continued growth, it’ll reach $402.56 million by 2030.
- Industry/Category: Startup
- Possible Business Model/s: Subscription-based
- MVP Build Time: 4-6 weeks
- Successful Examples: Hutch, StartupDevKit, TechStars
33. Receivable Automation
A manual receivables process can leak 3% of your revenue. A wiser choice is to automate this process. The accounts receivable automation market is projected to be worth $4,276.65 million by 2027, as stated by Report Linker. Build a receivable automation software to automate the entire AR & collection workflow.
Demand/Potential
The global Accounts Receivable Automation market reached $2,140.96 million in 2021 and has since been growing at a CAGR of 12.11%. Any venture that takes advantage of this rise is bound to be successful.
- Industry/Category: Finance & Accounting
- Possible Business Model/s: Subscription-based
- MVP Build Time: 8-10 weeks
- Successful Examples: ChargeBee, Growfin
34. Collaborative Presentation Tool For Teams
Did you ever design a presentation and were asked to make multiple revisions? Or share the presentation multiple times to various stakeholders for approval? As teams are increasingly switching to working remotely, collaboration platforms have become a must. Build a presentation tool allowing the users to collaborate with their team in the process and design together.
Demand/Potential
To coordinate better, business individuals are seeking collaborative tools. This need has pushed the global Team Collaboration Software market to $17.15 billion in 2021 and will reach $40.79 billion in 2028.
- Industry/Category: Design
- Possible Business Model/s: Subscription-based, Flat-pricing
- MVP Build Time: 8-10 weeks
- Successful Examples: Ludus, Pitch
35. Electric Bike Rental Platform
It’s a headache to maintain our bikes and keep a check on their service and insurance dates. Bike rental services are flourishing as people have less time and space to maintain their owned ones. Build an electric bike rental platform allowing users to book a bike and have it delivered to their doorstep with options with a one-day rental, week rental, etc.
Demand/Potential
From $1876 million in 2022, the global e-bike subscription platform market is expected to reach $9957 million by 2033.
- Industry/Category: Transportation
- Possible Business Model/s: Subscription-based, Flat-pricing
- MVP Build Time: 4-6 weeks
- Successful Examples: Wheels, Zoomo, Hoppr
36. AI Writing Tool
Being a writer, it’s almost a monthly norm to face creative blocks time and again. To fight this situation, writers frequently look up to AI as their friend, when in need. AI cannot replace writers but it can definitely help them write better and faster. Build an AI writing tool for a niche category like blogs, landing pages, email, etc.
Demand/Potential
The demand for AI Writing Tools can be estimated based on the market size of the service, which was globally valued at $359.8 Million in 2020. It is growing at a CAGR of 14.2% and will reach $1,022.3 Million by 2028.
- Industry/Category: AI, Writing
- Possible Business Model/s: Subscription-based, Flat-pricing
- MVP Build Time: 8-10 weeks
- Successful Examples: CopyAi, Friday, Rytr, Editpad
37. Employee Time Tracking App
Employees struggle with productivity and project management. More and More businesses are using time tracking tools for employees to monitor them and decrease their turnaround time. Build an employee time tracking software to get real-time analytics and accelerate performance.
Demand/Potential
The global Time-tracking App Market is massive and has reached $1.92 Billion in 2021. It has since registered a CAGR of 14.97% and will reach $5.23 Billion by 2030.
- Industry/Category: Employee Productivity
- Possible Business Model/s: Subscription-based
- MVP Build Time: 6-8 weeks
- Successful Examples: We360.ai, WorkStatus, Clockify
38. LinkedIn Analytics Tool
There is a continuous increase in the number of LinkedIn users and creators. But the problem is, they don't have access to efficient LinkedIn analytics tools integrated into the platform itself. Build an analytics tool for LinkedIn to give users a 360-degree view of their accounts.
Demand/Potential
People have realized the sheer potential that their LinkedIn account holds. This has increased demand for LinkedIn Analytics tools and helped grow the Analytics Software market to $55.69 Billion in 2019.
- Industry/Category: Analytics
- Possible Business Model/s: Subscription-based
- MVP Build Time: 6-8 weeks
- Successful Examples: Inlytics, Shield
39. AR Glasses Try-On Software
Have you ever seen glasses online and wished you could try them? It’s now possible with AR. By 2024 there will be an estimated 1.7 billion mobile augmented reality (AR) user devices worldwide. (Statista). Build an AR glasses try-on software to allow users to see how the glass will look on their face.
Demand/Potential
AR VR has enabled people’s lives to be easier and more convenient. This fact has helped its market reach a valuation of $32.5 billion in 2023. As more entrepreneurs join the movement, it is expected to reach over $77.5 billion by 2028.
- Industry/Category: Augmented Reality
- Possible Business Model/s: Transactional
- MVP Build Time: 6-8 weeks
- Successful Examples: Quytech, Eyeconic
40. Agriculture Management App
There are many elements in the agriculture business and it’s pretty hard to oversee all of them. The global market size of smart agriculture is expected to grow by $34.1 billion by 2026 - Statista. Build an agriculture management app to allow businesses and farmers to keep track of all the elements of agriculture and analyze their growth and output.
Demand/Potential
The million-dollar Farm Management Software Market is expected to reach $3861.42 Million in 2028. It is currently growing at a CAGR of 18.57% during 2022-2028 and promises substantial benefits.
- Industry/Category: Agriculture, SaaS
- Possible Business Model/s: Subscription-based
- MVP Build Time: 8-10 weeks
- Successful Examples: DeHaat, Agrivi, Granular
41. Meal Planner
Today, almost all of us have some nutrition deficiency but it is hard to maintain our diet during a hectic schedule. More and more people are hiring dieticians or subscribing to meal planners to get the best diet. Build a meal planner to match users' requirements. You can also niche down to a specific user base.
Consider pursuing an online nutrition degree to equip yourself with the in-depth knowledge and credentials needed to excel in the growing field of dietary guidance and meal planning.
Demand/Potential
As people’s consciousness of eating proper meals increases, so does the overall global market for nutrition apps. It currently stands at $4.79 billion in 2023 and will reach $8.29 billion by 2028.
- Industry/Category: Food
- Possible Business Model/s: Subscription-based
- MVP Build Time: 4-6 weeks
- Successful Examples: AriCoach, PlateJoy, Mealime
42. 3D Virtual Products Design Software
People don’t enjoy seeing a bland 2D picture of a space while browsing for interiors or homes. With the advent of VR, it’s now possible to give users a 3D experience on their screen and more businesses are taking advantage of it. Build a 3d virtual products design software to assist users in designing their product prototypes or spaces like kitchens, hotels, and rooms.
Demand/Potential
The global market of 3D CAD Software reached a valuation of $10.38 billion in 2022 and will continue to grow at a CAGR of 6.7%.
- Industry/Category: Virtual Reality, SaaS
- Possible Business Model/s: Transactional, Subscription-based
- MVP Build Time: 8-10 weeks
- Successful Examples: All3D
43. Car Subscription Platform
Don’t want to purchase a car but still need a car. Do you feel us? Maintaining and owning a car can be tiring but it’s now easier with subscription models present in the market. The vehicle subscription market is expected to grow to $31.73 billion by 2030, as stated by Precedence Research. Build a car subscription platform to let users book a car whenever they need it and for however long they wish.
Demand/Potential
The growing fondness for traveling on a budget has boosted the global market for Car Subscription Platforms. It stood at $5.4 Billion in 2022 and is growing at a CAGR of nearly 35.3%.
- Industry/Category: Automobile
- Possible Business Model/s: Subscription-based
- MVP Build Time: 4-6 weeks
- Successful Examples: Upshift, FINN
44. Social-Impact Online Game
Online games disrupt the mindset of those playing them. It injects a sense of war, competition and conflict. People are slowly bending toward games that will impact their lives positively. Build an online game designed to shift the mindset of gamers.
Demand/Potential
Parents are pushing their children towards gaming, which helps them shift their minds away from violence. This push has created a viable environment for this Social Impact Online Gaming to grow at a CAGR of 12.2% between 2023 to 2030.
- Industry/Category: Gaming
- Possible Business Model/s: Subscription-based, Flat-pricing
- MVP Build Time: 8-10 weeks
- Successful Examples: SuperBetter, ThatDragon,Cancer
45. Local Business Marketing Tool
It's hard for local businesses to reach out to several customers without a social presence but necessary for this competitive market. More than 1.79 billion people bought something online last year and this number will only grow year by year. Build a marketing tool for local businesses to help take their presence online ad generate leads.
Demand/Potential
Internet penetration amongst locals has helped grow global Digital Marketing Tools. While the local business marketing tool would be niche and serve specific customers, it is bound to be a successful venture.
- Industry/Category: Marketing
- Possible Business Model/s: Subscription-based, Flat-pricing
- MVP Build Time: 8-10 weeks
- Successful Examples: Referrizer, Keap
46. Ad Measurement Platform
Running an ad campaign is tough and manually measuring the trends and metrics is even more toiling. As a growing number of businesses are focusing largely on paid marketing, the need for an extensive and efficient ad measurement platform increases. Build an ad measurement platform to measure different elements of an ad from its impressions to ROI.
Demand/Potential
To measure the intricacies of their ad campaign, businesses are paying lump sums to Ad Measurement Platforms. This has pushed the market size to a whopping $4.7 billion in 2023 and projects a rise of 13.4% during the forecast period 2023 to 2033.
- Industry/Category: Advertising
- Possible Business Model/s: Subscription-based, Flat-pricing
- MVP Build Time: 6-8 weeks
- Successful Examples: MintMeasure, Supermetrics
47. Cloud-Based Digital Asset Management Software
Digital assets include websites, documents, logos, etc. It’s a pain for businesses to maintain their digital assets securely. Businesses are relying on the cloud for their digital requirements more than ever. Build a cloud-based digital asset management software for individuals or businesses.
Demand/Potential
Digital Asset Management Software is a thriving industry expected to grow from $4.7 billion in 2023 to $8.7 billion by 2028.
- Industry/Category: Asset Management
- Possible Business Model/s: Flat-pricing
- MVP Build Time: 6-8 weeks
- Successful Examples: Clocr, Brandfolder
48. Outdoor Advertising Solutions Platform
Customers are 2.8x more likely to engage digitally after seeing your brand in the real world. That’s why you need to get your outdoor advertising right. As more businesses are getting mindful, the billboard and outdoor advertising market is expected to grow by a CAGR of 9.1% by 2026 - Report Linker. Build an advertising solution for outdoor ad campaigns for niche businesses.
Demand/Potential
According to Market Growth Reports, the global Outdoor Advertising Market was estimated to be around $46953.64 million in 2022. This will grow and reach $61174.89 million in 2028.
- Industry/Category: Advertising
- Possible Business Model/s: Flat-pricing
- MVP Build Time: 4-6 weeks
- Successful Examples: Nickelytics
49. Book Publishing Service Platform
Authors are meant for writing books and not for struggling to publish or market them. It adds up to their task list. As more and more authors are budding out of the cocoon, they’ll need help with publishing their books. Build a book publishing platform to provide authors with assistance in publishing and promoting their books so they can focus more on writing.
Demand/Potential
Book publishing is a 96.1 Billion dollar industry under which millions of authors publish their books every year. In such instances, these authors are vying for a platform that can let them ease the publishing process.
- Industry/Category: Publishing
- Possible Business Model/s: Flat-pricing, Transactional
- MVP Build Time: 4-6 weeks
- Successful Examples: Scribe
50. AI-Based Real Estate Site Design Software
It’s hard to keep everyone involved in real estate design and development on the same page. As AI is making its way, real estate businesses are increasingly relying on it for site design to make their process smooth. Build AI software to design real estate property sites and a portal where architects, developers, and consultants can collaborate.
Demand/Potential
The overall Real Estate Software Market Size was valued at USD 10.24 billion in 2022. Again, this website designing and building software might be a niche product, but it’ll generate profits against the demand.
- Industry/Category: AI, Design
- Possible Business Model/s: Flat-pricing, Transactional
- MVP Build Time: 8-10 weeks
- Successful Examples: Spacemaker
Bottom Line
We hope this list has helped you figure out which tech startup idea is the right fit for you.
Do your homework before finalizing the idea. It's imperative that you make sure there is enough demand for the tech product you want to build. Close to 40% of tech startups fail because there isn't a market, or sufficient demand, for their product to profitably run the show.
If you have no clue where to start then here's our guide to those who want to start a business but have no ideas.
We hope you make the right pick. And, when you do, do come come back and check these resources that will help you get the execution right:
- No-Code Tools Directory
- A Hand-Curated List of 300+ Free Tools for Startups
- 10 Free Website Builders with Custom Domain
Now, time to answer some of your most common questions on tech startup ideas:
What is considered a tech startup?
A tech startup refers to businesses that bring new technology or existing technology in newer and better ways in the market. Its technology-driven product/service is its primary revenue resource.
How do you come up with a tech startup?
The best way to come up with startup ideas is to look and observe your surroundings. Observe what people are facing problems with or identify loopholes in existing technologies.
What are some good tech startup ideas?
We’ve listed down the best 50 tech startup ideas to aid your entrepreneurial journey. You can start building in areas like:
- Blockchain & Web3
- AR & VR
- Artificial intelligence (AI)
- FinTech
- EdTech
How do you build a tech product?
Building and launching a tech startup is almost the same as building any other business. Steps include:
- Coming up with an idea: Observe your surroundings and brainstorm ideas that you can build to make people’s lives easier with technology.
- Research: Once you have a list of ideas ready, do market research and boil it down to one idea that you’ll move forward with.
- Competitive Analysis: Competitive landscape analysis is essential for making informed decisions, staying competitive, and optimizing your startup's strategy and operations in a dynamic and competitive business environment.
- Planning & blueprint: Consider all the necessary aspects of your business while planning and creating a blueprint of your business plan.
- Build a technical team: While building a tech startup, you must have a technical team to assist you in various elements of the product & business.
- Build an MVP: Minimum Viable Product (MVP) is a basic version of your product to test and validate.
- Launch: When you and your beta customers are completely satisfied after a series of iterations, it’s time to officially launch your product/service.
How do I start a tech startup with no money?
Almost half of the startups fail due to the absence of a market or demand for their product. So, having no money isn’t a problem as long as you have a market to serve. Prioritize features of your MVP and pre-sell it to get early customers.
How do I start a tech company with no experience?
Don’t have any technical experience? No problem. You can either hire tech folks to build for you or bring in a tech co-founder for a percent of the equity share.
What do startups need most?
A startup is nothing without a product and its customers. Focus on the right product-market fit. It’s also vital to have a strong team which is an important indicator of the business' success.
