With the advancement in technology, it is quite clear that the mobile app marketplace is expected to increase in 2020 by $189 Billion US dollars. In this competitive world, it is important for businesses and developers to keep a view on all the budding trends in the $189 Billion US dollars in revenue by 2020. As we know mobile apps play an important role in our day to day lives. There are a lot of things that happened in the previous year 2019 and a lot more will happen in this year 2020. In this write-up, we will discuss some of the emerging trends in the mobile app industry.
Let’s get started with having a glance at some statistics; that will help you in understanding the ever-increasing status of mobile application development.
Mobile App Marketplace Statistics
As we are in the New Year, it is thrilling to see how technological advancement will influence businesses belonging to the diverse size, categories, and sectors. The trends we have mentioned reveal that mobile applications have a great future in the upcoming years.
According to the latest reports, it is calculated that worldwide mobile app revenues have been growing each year since 2014, and this drift is predictable to continue.
It is predicted that mobile apps generate more than $935.2 billion of revenue by 2023, and app development companies are continuously escalating their hard work to get ahead of the competition to boost the overall mobile app revenue. These application development companies include the top app development companies in India. The mobile app development companies are growing at a fast pace and India has become the fastest-growing marketplace for apps in the world. In the next part, we look at the trends that will dominate the mobile app development industry in India.
Now let’s start with the top 10 trends that are expected to rule the mobile app development industry:
This year is hopefully going to add some major changes to the app development industry. The world’s regulator of communication standards has finally approved the first condition of 5G technology in 2017. The 5G network is expected to grow worldwide and serve greater than before communication needs for billions of smartphone devices around the globe.
The growth of the 5G technology will provide quicker connectivity than 4G services with an enhanced user experience that will ultimately boost mobile app development technology.
As we know that Blockchain technology is trending in various sectors including mobile app development. With the advancement in the latest trends, mobile app development companies are focusing more and more on developing apps related to Blockchain technology. You can easily find apps related to Blockchain in the App Store and Google Play store. The budding power of Blockchain provides a special move toward security allowing you to improve the security of your mobile platform.
Nowadays the Mobile App Development companies are keen to invest in cloud-driven apps, to enhance the mobile-technology era. There are a lot of mobile applications that have been incorporating technologies such as IoT, machine learning, Artificial intelligence to make the user experience more delightful.
AR and VR
A rising number of mobile apps are predicted to integrate into AR and VR 2020 trends. This trend is not going to fade any way soon. The mobile applications that are based on the AR/VR technology provide an opportunity to improve the user experience. Hopefully this year you will see the latest trend in AR and VR applications for sensible purposes such as education, and home designs.
Without any doubt, the mobile application payments have revolutionized the world in many ways. It has been among one of the emerging trends in mobile technological space. People are using mobile payment apps more and more than any other established alternatives. With the rise in these services, the e-commerce industry has also seen an upward drift in online shopping patterns. The people choose Apple to pay, Google Wallet, Paytm and several other ways to make payments which ultimately empower users to carry out transactions in a secure and faster way.
AI and MI
From the past few years, mobile Application Development Companies are primarily focusing on AI and MI trends because this program has somewhere encouraged the recognition of Artificial Intelligence in the industry.
Progressive web app (PWA)
The progressive web app is a substitute for native mobile app development. This fresh approach has been introduced in the marketplace and has gained huge popularity ever since. A progressive web app is a website and it exactly works as a native application. The app works inside a web browser but can be used on any device just like a native application.
Instant applications are just another innovation that Google has brought in for Android and iOS applications. These apps are just like their names because an instant application consists of quite a lot of modules that can be loaded separately and without a stoppage. Therefore, a user doesn’t need to download the complete program and it can check any part if required.
With rising cyber threats along with the world, the mobile App Security has been the most trending topic for mobile app development service providers and consumers. Mobile Application Development Companies in India are focusing on various security techniques while developing mobile apps that have built-in security features. These trends are surely going to ensure data privacy and integration.
The growing demand for smart devices will ultimately result in the demand for IoT Applications. A mobile device acts as a bridge the gap between smart systems and people, while an app is the main tool for using devices.
Are you ready for mobile development trends in 2020?
As discussed above the mobile app development trends certainly have a great impact on the technological world in the year 2020. The trends have a considerable value that will increase the demand for mobile app development scope. As a foremost mobile application development company, we can guarantee robust, high quality and scalable mobile apps for your project. You can connect with our expert team of mobile app developers at cost-effective price tags.
How the App Development Industry is growing in India?
We can say that there has been a noteworthy increase in the overall revenue generation from mobile apps. The iOS developers are using advanced technologies to deliver feature-rich apps on both the Google Play Store and Apple App Store. It is estimated that the total revenue generated by the Indian IT sector was $5.9 billion in the year 2000, $74 billion in 2014, and $133 billion in 2015 and this rate is expected to rise in 2020. The major part of the revenue comes from the export industry while the rest is generated domestically.
In nutshell, we find that the mobile app development industry in India has evolved and grown extremely from the past few years. India is fast becoming the ideal destination for offshoring software development services. This growth in mobile app design and development has a huge impact on the global IT industry and thus making a noteworthy contribution to the Indian financial system. We hope this blog helps you to get complete insights into the Indian Mobile App Design & Development Industry Report 2020. Moreover, if you are looking for a leading iOS App Development Company in India then you can connect with Fluper. Our team of experts is ready to assist you in your next app development project.