business predictions for 2020 | Future timeline
Read 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
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% 1
- Microsoft opens new Canadian headquarters in downtown Toronto. Likelihood: 100% 1
- Solar becomes more economical than regular electricity in more than half of the U.S. 1
- More people will own a phone than have electricity. 1
- There are 6.1 billion smartphone users globally, overtaking basic fixed phone subscriptions. 1
- Legal marijuana sales to hit $23B in the United States. 1
Prediction
Business related predictions due to make an impact in 2020 include: