Considerably one of the Fastest Growing Market – “Mobile App Industry”

Mobile App Industry has invaded as a support in nearly every market may it be Entertainment, Business, Fashion, Gamming, B2B services etc.  “Are Mobile Apps Transforming the Face of Entertainment?” an outstanding article presented which vividly clears most aspects of unconventional methods of how people use the medium of mobile apps for their leisure time. Due to its easy accessibility and invariable reasonable cost, users with their growing demand for mobile apps have made it the best source of entertainment for them.

There is a whole market that has been created due to the advancements of mobile apps. Creating various sort of fields and a market so large that people are planning out their careers in it due to the remarkable growth over the years.

With the advancements in this era, mobile app Development Company have a great deal of importance in the lives of this generation. Having each aspect viewed mobile app development has trends set, not only for youngsters but it has also become an essential requirement for those growing in ages.

Trends of the future that may redefine the drive of Mobile Apps

M-Commerce trend to remain strong with the growing popularity of mobile-based payments such as Apple Pay and Google Wallet that would push in by creating demands for purchases through mobile all the more in the further.

Mobile commerce will continue to grow popular in the coming years with wearable devices also playing a crucial role in the growth and future of M-Commerce. Probably such a circumstance may be faced also where people would only prefer using mobile phones for payment rather than using modes of a credit/debit cards.

Modern Touch to increase Sales is by using Apps

Through recent statistic studies today, 70% of total sales  come from mobile devices having two-thirds of those mobile sales coming from their app. Creating upper hand in purchases that come from repeated customers due to the convenience and time productivity.

Customer retention strategy is clearly having a tremendous impact because of the use of mobile app to gain sales. With media and positive advertisement it increases chances of acquiring new users resulting in greater business profitability’s. 

The worth of App Industry

Research from The Manifest, show 39% of all smartphone users listed on social media apps as their most frequently used, followed by communication apps and gaming apps at 10% a piece. According to new researches Gratner Inc. states that even paid applications have approximately 90% apps being downloaded per day earning somewhere close to $1,250 a day. Global mobile app revenue forecast for 2020 are predicted to be $189 billion since the Global mobile app revenue in 2016 was $88 billion and in 2017 it was $37 billion.

A wider acceptance to Micro and Enterprise Apps

The key purpose of enterprise mobile apps is so that it can assist businesses for them to coordinate their processes in a timely and efficient manner. For better and clearer understanding the most appropriate example that could be used are, entities such as: “Planner Ever-note” and “Work Organizer”. They are apps for almost everything now a days from CRM- Customer Relationship Management, Supply Chain Management as well as in Logistics.

In another scenario, micro application are focused for an individual task to gain the end results such as also shown in the case of Messenger or Facebook. Adobe presented a research that stated, 77% of the entrepreneurs who own their businesses, consider an enterprise app to be beneficial for the growth and an asset for them. Over 66% businesses over the years have seen what a help M-Commerce has been, due to which many companies of various fields are planning and many have already decided to invest towards Enterprise Apps.

In regards to micro apps they are meant to be more popular with few of their excellent and stunning new features that would be targeted through HTML, nimble and Ad hoc to impact a greater audience. Looking forward to experience these worlds that collide together in the months to come. As Enterprise apps recreate and redefine by introducing such features that are consumer-friendly for a better experience.

Concluding everything:

The revolution and advancement in tech is meant to change much more towards the future of mobile applications. It will and has become crucial for businesses to embark on advancements to secure their survival in the fast pace growing market. Even mobile apps leverage any new features to add values and create better experiences for their users and to the type of market they approach. It is essential to adapt to advancements from every prospect if carefully looked into and researched.  Especially for competitive businesses adaption to present trends is very important and at the moment Mobile App Industries has everyone going for it.