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

  • 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
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

Related technology articles for 2020:

View all 2020 trends

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