The market you select should be stable and not falling in popularity. To reach a wide audience you need to come up with or find tech startup ideas for developing countries. You should strive to serve a global market and make sure your product will be valuable for customers. If you target a small market or your product has little value to users your startup will fail.
Think about whether there are enough users in the world who will use your product every day. If you select a large and fast-growing market your startup can grow quickly. Use Innovation Nowadays all industries are being disrupted by software companies causing mobile app designs service customers and economic value to shift from old companies to new ones. Modern companies are searching for opportunities to disrupt multibillion-dollar markets.
If you want to build a startup from idea to successful business then you need to use innovation whichever industry you choose. Big breakthroughs in technology allow small companies to compete with large companies. Many global markets have become easily accessible and startups that have been around for a few months using modern technology can compete with companies that took decades to create a global presence.