This is a subscriber-only article.

Save 20% on Entrepreneur+ during our Spring Growth Flash Sale

Use code SPRING20 at checkout.

Subscribe Now

Already have an account?

Sign in
Entrepreneur Plus - Short White
For Subscribers

The Next Big Opportunity for Entrepreneurs E-commerce for services includes everything from cleaning services to legal services to medical care, beauty, hospitality and beyond.

By Ash Barot

Opinions expressed by Entrepreneur contributors are their own.

As entrepreneurs, we are always looking for the next big opportunity. While setting up an e-commerce store for goods has been the go-to business (or side hustle) idea for the last decade, e-commerce for services is likely to dominate the next decade.

Services are a massive 15.5-trillion-dollar industry in the US alone and include everything from cleaning services to legal services to medical care, beauty, hospitality and beyond.

To better understand this opportunity, let's see what the service industry has gone through and where it's going next. This, in turn, will highlight the key opportunities for the next big batch of entrepreneurs. Back in olden days, many services were offered at the town square. The entire process of offering a service and delivering value was handled in person in a geographically specific community.