business predictions for 2020 | Future timeline
Read 42 business predictions for 2020, a year that will see the business world transform in ways that will impact a wide range of sectors—and we explore many of them below.
Quantumrun Foresight prepared this list; A futurist consulting firm that uses strategic foresight to help companies thrive from future trends. This is just one of many possible futures society may experience.
business forecasts for 2020
- Solar becomes more economical than regular electricity in more than half of the U.S. link
- More people will own a phone than have electricity. link
- There are 6.1 billion smartphone users globally, overtaking basic fixed phone subscriptions. link
- Legal marijuana sales to hit $23B in the United States. link
Forecast
In 2020, a number of business breakthroughs and trends will become available to the public, for example:
- Stronger Customer Authentication implements new frameworks for identity confirmation for customers making payments or purchases online. Likelihood: 100% link
- Microsoft opens new Canadian headquarters in downtown Toronto. Likelihood: 100% link
- Solar becomes more economical than regular electricity in more than half of the U.S. link
- More people will own a phone than have electricity. link
- There are 6.1 billion smartphone users globally, overtaking basic fixed phone subscriptions. link
- Legal marijuana sales to hit $23B in the United States. link
Prediction
Business related predictions due to make an impact in 2020 include: