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Here’s this week’s list of rapidly trending topics, insights and analysis.

Topic #1

AI Transcription

AI transcription refers to AI-powered software used for tasks such as transcribing meetings, interviews, or other audio recordings.

While AI transcription is usually faster and cheaper than human transcription, human transcription remains significantly more accurate.

Humans have an average accuracy rate of 99%, compared to 80%-86% for AI transcription.

Which is why AI transcription is seeing increased application among organizations that do not require 99%+ accuracy rates.

Snipd and Speechmatics are trending startups providing AI transcription solutions.

What's Next

AI transcription is part of the Enterprise Automated Speech Recognition (ASR) meta trend.

The global ASR market is forecasted to grow 3x in the next four years.

And enterprises are responsible for a significant chunk of this demand.

ASR technology is being applied to automate repetitive tasks and improve overall workflows.

For instance, instead of an employee spending time trying to find a specific document, they can simply ask for it with their voice, and the speech recognition AI will locate it.

Topic #2

Permanent Earrings

Permanent earrings are earrings completely free of a clasp.

Specifically, they’re welded into place and stay in place until cut off.

The product has gone viral among Gen Z. In fact, videos mentioning permanent earrings have over 1.1 billion views on TikTok.

Notably, permanent earrings tend to be extremely small, making them relatively comfortable to wear while sleeping.

What's Next

Permanent earrings are part of the Permanent Jewelry meta trend.

The topic “permanent jewelry” has seen a 4,400% spike in search interest over the last two years.

Fitting the currently trending minimalist aesthetic, the lack of a clasp is a significant reason behind the increased interest in this type of jewelry.

Social media has also helped this product category trend. Videos mentioning permanent jewelry have over 360 million views on TikTok.

Topic #3

PhantomBuster

PhantomBuster develops cloud-based marketing APIs.

The code-free APIs are designed to automate marketing tasks such as lead generation, data enrichment and customer outreach.

PhantomBuster is used by over 100,000 organizations.

The startup hit $600K in revenue last year. And has raised $758K in funding.

What's Next

PhantomBuster is part of the Lead Generation API meta trend.

The global market for lead generation solutions is forecasted to triple in the next six years.

While lead generation SaaS makes up the majority of this market, we are seeing rapid growth in demand for lead generation APIs.

Some examples of trending types of lead generation APIs include:

Web scraper APIs can crawl webpages and extract structured information automatically.

Data enrichment APIs improve raw data through contact enrichment. This way, companies can get a complete picture of their targets, including their contact information.

Outreach APIs automate outreach campaigns at scale by sending personalized emails and monitoring success rates.

Whereas, Apify and Gallabox are examples of trending startups providing similar solutions.

Topic #4

Mucin Serum

Mucin serum refers to skincare serums made from snail mucin (a slime-like bodily secretion produced by snails).

The product is gaining traction as certain studies have suggested it helps regenerate and heal damaged skin.

Snail mucin products have spread largely due to social media. Videos mentioning snail mucin have over 1 billion views on TikTok.

Peach Slices, Seoul Ceuticals and Cosrx are examples of trending skincare brands that sell mucin serums.

One popular snail mucin-based serum generates approximately $80K/month on Amazon.

What's Next

Mucin serums are part of the Korean Skincare meta trend.

The hashtag #kbeauty has over 5.5 million posts on Instagram.

Whereas the same hashtag has over 2.2 billion views on TikTok.

Another reason behind this trend is the fact that Korean skincare is focused on prevention rather than treatment.

This means that K-beauty products focus on getting to the root of skin problems.

Which helps explain why the Korean skincare market is forecasted to double in size over the next five years.

“Exploding Topics Pro helps me identify trends that no one else is highlighting”

Exploding Topics Pro is the only product that identifies trends at least 6 months before they take off.

Which is why 1,000+ VCs and entrepreneurs have signed up so far.

Like Josh Chapman, Managing Partner at Konvoy Ventures.

As a VC, Josh uses the product to “see around corners”. Which helps him identify underground startups and untapped markets.

“Exploding Topics Pro helps me identify trends that no one else is highlighting. Which is extremely valuable to me as an investor.”

The best part?

You can try Exploding Topics Pro for just $1.

So if you want to stay ahead of the curve, try Exploding Topics Pro today.

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Exploding Topics - ET: February 7th 2023

Topic #1

AI Transcription

What's Next

Topic #2

Permanent Earrings

What's Next

Topic #3

PhantomBuster

What's Next

Topic #4

Mucin Serum

What's Next

“Exploding Topics Pro helps me identify trends that no one else is highlighting”

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