Mobile applications have been changing our lives from booking a cab to ordering a food also hiring an electrician from the nearby area mobile applications have revolutionized the way we perform our daily tasks whether it is professional as well as personal. According to the report from Statista, mobile app supposed to generate approximately $189 billion US dollars in revenue by 2020. In fact, most of the experts also said that the mobile application development industry is the fastest developing industry, where it is showing no sign of reducing down in the future. Nevertheless, looking at the technological advancement and inventions in the mobile application industry, it is necessary to give a glimpse into the mobile app development trends because these trends can help you to bring numerous opportunities for business owners. So, below are the given numbers of trends which are thoroughly research and analyzed by the technological head.
Machine Learning and AI
Artificial intelligence and Machine learning both have strongly rooted their legs into mobile app industry where AI, is one such area of computer science, which emphasize the creation of intelligent machines which can work and react exactly like humans. Nevertheless, given technology made itself evident in the form of Chabot, where Siri is the combination of AI and machine learning, which has become an essential part of mobile app innovations and in the upcoming year both these technologies will not be restricted to Chabot and Siri. There are many other companies like Oracle IBM and Google, Microsoft and Amazon are investing in AI technology. In fact, Oracle has decided to be using machine learning to develop app and data integration, identity management autonomous, and analytics and system. According to the report from International Data Corporation, more than 75% of workers, those who are using ERP solutions will not be able to leverage the capabilities of AI to expand the proficiency in the workplace. So, this means AI and machine learning are not only revolutionizing the mobile app industry, but these technologies will also have significant opportunities for innovation for future mobile apps.
Wearable app integration
Wearable technology is progressively growing all around the globe. As per the report from Statista, a number of connected wearable devices have already reached 453 million in 2019, as well as it is expected to reach 929 million by 2021. So, with the development of technology, we can expect wearable application soon going to turn into an important part of our everyday lives. Therefore, mobile app builder are looking for developing an app for wearable devices, as mostly smartwatches, but few names like Zomato and Uber also have invested in wearable app development. So, in the future mobile app promises to bring more wearable watches, fitness bands movement’s trackers and much more, so if we are looking at the popularity of wearable, Apple watch apps will no longer demand a companion iOS application and will have its own App store.
Internet of things (IoT)
A network of interconnected smart devices is known as Internet of things (IoT), and everyone knows that how essential it is to connect smartphones with wearable gadgets. Therefore IoT includes a number of savvy gadgets which have sensors, special circuits, and inbuilt software in them. Nevertheless, this software is nothing but a software application which can work together with mobile applications. As per the report form GrowthEnabler right from 2016, the IoT market has been developing at a CAGR of 28.5%, also it is expected to reach 457 USD billion by 2020. Therefore, it continues supply chain, smart homes, and savvy health insurance is no more stuff of sci-fi but a reality. Thus, with the increasing number in IoT gadgets and systems, the demand for IoT enabled mobile apps will undoubtedly increase.
As per the Statista, global Chatbots market is estimated to grow 1250 million U.S. dollars by 2025, so one can understand that Chatbots are very well part of the digital reality. Chatbots will now act as virtual assistants within mobile applications, so thanks to the advancement in Artificial Intelligence, it is now an easy job to integrate chatbots within apps without involving complex coding. A rather interesting infographics digital commerce also suggests that as many as 50% of B2B buyers prefer self-service CRM. So, chatbots are a new way to extend that sort of customer relationship management.
Demand for mobile wallet apps is on the rise. Indeed, the frictionless payment method is what every customer loves to see in their mobile apps nowadays. Therefore, mobile wallets with payments gateway integration are important in all types of mobile apps because this will help to change the manner in which customer prefers to shop as every successful mobile application includes at least three or four payment methods like credit or debit cards, mobile wallets, gift cards, so numerous European countries set to regulate cryptocurrencies by 2020 because the use of native mobile wallet will eventually increase.
Beacons technology has been around for a quite some time now and to make its presence stronger still Beacon technologies can possibly offer customer service on a more customized level. Nevertheless, beacons are tiny transmitter which can transmit a signal to other devices by using Bluetooth. So, they help to make ultra-localized searches easier for users, and we are likely to see it more than ever in the form of beacon enabled airports, mobile payments beacons, and even automated personal beacons. So, the trends will be able to create top useful apps to work on beacons technology, which can make virtual guides and personalized information sharing smoother.
The most successful and attention grabbing economy is an on-demand economy which is also known as the shared economy. Nevertheless, On-demand economy satisfies the demand of consumers on an instant basis by allowing quick access to goods as well as services because initially, when the on-demand business model was introduced in the market, it was an inevitable bubble in the world of mobile applications. Today, On-demand based mobile apps are the future of the mobile app industry. Irrespective of the category, types, and size of the business, almost every business owner embracing on-demand based solutions to take their business to the next level. As per the recent market survey, 22% of the adult population provides services in the on-demand economy.
So, to sum up, mobile apps have turned into a part of people’s lives that can perform an important role because there is a huge growth seen in a wearable gadget as well as on-demand apps. However, artificial intelligence is creating more impact in our lives when it comes to shopping, booking tickets, food ordering, cab and so on, but not every mobile app is successful for satisfying the customer needs. Hence, a business should review above mentioned mobile app development trends to learn how to engage users worldwide.