Introduction In this era of technological advancements, the mobile app economy is burgeoning. According to a report by eMarketer, nearly ...
The mobile app development industry is growing at a break-neck speed, and in order to survive in such a competitive environment, you have to be familiar with the evolving mobile app development trends. Mobile app development is a key to digital success and one of the prominent features of this success is the innovation and new trends in this sector.
Many new and innovative technologies are being introduced in the mobile app world each year, and the mobile app developers need to keep up with these new trends to serve their clients better.
The rise of Mobile apps
Mobile apps these days are fundamentally changing the business models and the operation model of many enterprises. According to a study, the mobile app market revenue is expected to reach a whopping amount of $693 billion by end of this year.
However, according to a report by Gartner, approximately 9,999 in 10,000 mobile apps fail each year. This study shows that in today’s ever-evolving world, having a mobile app and creating a social presence isn’t enough. The apps that were successful in 2020 won’t see the same potential to work successfully in 2021.
Implementing the right strategies is just not enough anymore; you need to incorporate the latest mobile app development trends in the strategy. So, the main question that arises here is whether you are prepared to incorporate these new mobile app development technologies in your enterprise?
Emerging trends in the Mobile App Development industry
1. Internet of Things (IoT) App Integration
Internet of things has traveled a lot far from the new concept. The rise in mobile app development across various sectors has created endless opportunities for the Internet of Things. An increase of 14 percent on the internet of things and mobile app integration has been witnessed in the year 2019.
Internet of Things shows the growing network of interconnected devices to the internet, that is providing automatic control to the users. One of the perfect examples of IoT integration with mobile app development is smart home technology. According to Statista, the revenue from technology associated with this technology would see a rise of 1.6 trillion by 2025.
2. Apps for foldable devices
With top smartphone manufacturers such as Samsung launching foldable devices, it has become important for mobile app developers to develop apps for such devices. According to Samsung, hundreds of popular android mobile apps are being optimized for foldable devices.
One of the biggest inventions of 2020 is the ‘foldable phone’. Mobile app development organizations have to plan out their strategies in such a way that they run seamlessly on foldable devices.
3. Machine Learning and Artificial Intelligence
Artificial Intelligence and Machine Learning are the buzzwords of 2021, which rose to fame because of the brilliant use of Artificial Intelligence (AI) in various mobile apps. As of October 2019, the total revenue of the mobile app was $1m. The global Machine Learning industry, growing at a CAGR of 42 percent, would be worth almost $9 billion in the latter part of 2022.
In fact, Artificial Intelligence is being welcomed by Android and iOS developers and being embedded in their apps. Thus AI/ML are getting deeper into mobile app development and its features are being added to the mobile app development.
4. The rise of chatbots
Chatbots are a perfect example of do-it-yourself (DIY) custom service tools to make online purchasing more consumer-friendly. A study by Gartner states that chatbots would deliver $8 billion in cost savings by the end of 2022. In this era, the integration of chatbots in mobile apps would shift from a luxury to a necessity.
With 80 percent of the businesses expected to use chatbots by the end of 2020 and the users expecting a better app experience, integration of the chatbots is the real business opportunity to integrate a chatbot to your enterprise’s mobile app.
5. Wearable technologies
Wearable devices are growing progressively all around the world, and following this trend, we can expect wearable applications to soon become a vital part of our day-to-day lives. According to a report by Statista, the number of connected wearable devices is expected to reach 929 million by 2021.
Top mobile app developers and businesses should plan their strategies such as to provide an excellent digital experience to the users of wearable technologies in order to gain a competitive edge over other app development organizations.
6. Mobile Wallets
As the number of users driving towards smartphones and smartwatches is increasing, various mobile wallets such as Apple Pay and Google wallet would drive the purchasing this year. Mobile wallet apps are hence a key mobile app development trend in 2021 and would keep on rising throughout the coming years.
A survey states that mobile wallet transaction value reached $4256 billion in 2018, and by the end of 2022, this value is predicted to reach $13,979 billion. Mobile wallets are being used as a secure and convenient platform for bill payments.
7. On-demand Apps
Since the pandemic outbreak, On-demand apps have witnessed a high rise in their demand. Initially Uber was one of the first few companies that started offering its users demand-based pricing models. This organization paved a way for many other organizations that focused on better user experience.
According to a survey, by the end of 2025, the on-demand apps industry is expected to generate more than $335 billion in revenue, which is 24 times more than in 2014.
From healthcare to travel, on-demand mobile apps are always in demand. To date, approximately 42 percent of the adult population has used on-demand service at least once.
A billion apps are being added to the Google Play Store, Apple app store each day. With such a great number of mobile apps being developed, the mobile app development industry is bound to expand at a rapid pace.
In order to stand put in such a great competition, it is important for the businesses to stay abreast with the latest trends in the technologies.
As a full-service mobile app development company, Debut Infotech ensures that you can completely rely on us for all your app development needs.