Startups are currently the lifeblood of the technology industry. Small startups are coming up with exceptional ideas and innovations that are changing the way things work. While the regular job market looks relatively healthy after the recent recession, IT jobs have been largely driven by startups in the last couple of years. Based on research data, while the existing companies were highly sensitive to the economy fluctuations and thereby had a relatively dry job market.
Start-ups have been emerging in all types of industries – retail, ecommerce, events, ticketing, IT services, gaming and others. Just the mobile app startup market in the United States created more than 466,000 jobs. Technology has been of great help for startups being able to put their ideas into products and services. The market has been helped by angel investors and partners but it is the growing freedom of technical access and platforms that are helping change the course of economies across the globe.