If you’re looking into possibly starting your own business in 2017, but want to pick an industry that is growing and flourishing then there are a few you should be aware of. We took a look at a wide variety of industries in order to put together a list of the top six performing ones that offer great opportunities for startups in 2017.

1. E-cigs – more than just a hot trend

Just a few years ago, the e-cigarette industry was one that got little to no attention and was certainly nowhere near the mainstream success it has become today. Now there are e-cig shops opening up not just in large cities in the countries, but even in small towns.

With the growing concern for the health risks of smoking and the increase of smoking related diseases, many people are turning to healthier non-smoking alternatives, either to try and cut down on their smoking habit or to quit altogether.

There are a few factors that are contributing to the industry’s explosion in popularity such as a push to reduce production costs, smart marketing that puts the focus on changing one’s lifestyle, and of course the introduction of a massive variety of flavors.

If you’re looking to create a business in this industry you can even get specialized marketing assistance if you click here, which can certainly increase your odds of success.

2. Software to assist with fraud

Identity theft is happening more and more often, so it should come as no surprise that there has been a push to develop software that will help with fraud detection. There are a lot more opportunities to help businesses protect their data from hackers and intruders.

A lot more companies are looking for options to help them reduce the chances of being a victim of identity theft. Expect this to continue to grow and branch out.

3. Drone manufacturing

Again, here’s a product that is really exploding onto the scene now and becoming mainstream. It’s not just wealthy individuals looking for a cool tech gadget; today you’ll find drones in all price points making it possible for anyone to pick one up.

Retailers are even offering drones with features meant for kids to use. Of course it’s not just for recreational purposes. Drones are being used for deliveries, surveillance, and for research purposes.

Where you have to be a bit careful is that the regulations haven’t yet been set and finalized by the Federal Aviation Administration on the use of drones. The final regulations will obviously have some kind of impact on the drone industry.

4. Food tech

This one sounds a bit space-age and frankly that’s what is helping this industry to catch on. Food tech refers to smart kitchen appliances and tools.

These smart tools can offer all kinds of benefits to customers, who can’t seem to get enough when it comes to smart devices and products. Where this has been especially popular is in the U.S., but China is quickly catching up.

5. Wearable technology and devices

Here’s yet another industry that is being driven by technology. Wearable devices can be found all over the country and work by tracking the person’s activities. There are no signs of this industry slowing down anytime soon, as consumers push for even more advancements and tools.

The rapid growth of digital devices promises far more powerful, better and cost-effective wearable technology in the future. With smaller and more powerful devices being made available for lower and lower costs, wearables may be just the beginning.

6. Virtual reality

VR technology is not just a hype anymore. A lot more businesses and even technology giants like Facebook, Microsoft and Samsung      are exploring different ways to make it a lot mote useful in people’s lives. Consumers are expected to purchase several million VR headsets in 2017.

In the near future, new entrants in the virtual reality market will need to be able to shoot and produce VR video content, host live streams of video experiences, and develop software for mobile-based VR. You can take advantage of the many opportunities VR presents.

An exciting year ahead

With so many different industries booming, it’s bound to be an exciting year ahead for startups and those looking to make their mark. You can explore an industry you genuinely care about and launch your business to serve a specific market.