Mobile app development is an industry that everyone wants a piece of. Its innumerable growth over the last decade is proof of its vast profitability. What does the future of mobile application development hold? Stay tuned to find out.
Currently, there are over 2.1 million applications for iOS and 2.8 million applications for Android devices. By the end of 2025, more than 70% of the world’s population will own a mobile device. This means that there will be millions of mobile apps to use.
Constantly surrounded by mobile applications to get through our day-to-day lives, the modern smartphone user has an average of 35 applications installed on their phones. Just for 2019, the mobile application development industry recorded 204 billion downloads and generated a total of $462 billion in revenue in 2019.
New companies are emerging with new concepts while developers use tools to effectively develop mobile apps. Beacon technology, 5G technology, artificial intelligence, instant apps, IoT, AR and VR, mobile wallets, chatbots, and clouds are prevailing trends in the mobile app development world.
Beacon technology continues to generate immense growth, specifically in the retail business, and is predicted to keep generating billions of US dollars in 2026.
The 5th Generation Wireless Technology (5G) trend will have a max speed of up to 10 Gbps or even 100Gbps. This makes it 10 (or even 100) times faster than its predecessor, 4G. It is estimated that 1.4 billion devices are expected to connect to 5G technology within the next five years.
AI technology is not a new technology in the mobile app development world but the industry’s revenue is expected to reach 118.6 billion by 2025. In industries such as agriculture, healthcare, and banking, it will be a driving force.
In 2016, Android launched “instant apps,” making the mobile app experience easier for users and developers alike. Instant apps may look and function similarly to a mobile website, but the difference is that it provides more advanced UX designs for simple usage.
It is believed that 10 billion devices have been connected through the use of IoT. IoT is developed and used through IoT specific software apps, sensors, and gadgets that allow for the usage of this technology via remote controls and voice recognition. IoT sales ended with 2.1 trillion US dollars in 2020, and are expected to grow exponentially in 2021.
Integrating Cloud technology is one of the top mobile app development trends in 2021, allowing for a secured storage system and access to data in a faster way. Different types of industries take note of the benefits of this business trend.
Both augmented and virtual reality are popular already in the video and gaming industry, but the healthcare, education, retail, tourism, marketing, architecture, and real estate industries have picked up on this trend in applying it to their business.
Customer service is one of the most crucial app industry trends any business needs. With chatbots, customers are able to find a quick resolution to their problems without having to call an actual customer service representative.
The App Bros
As we move forward into the future, the mobile app development industry also advances over time. If you are thinking of developing an app, you will need an idea that can be implemented by a reliable software development company with a strong team, portfolio, and project background.
The experts at The App Bros will be more than happy to assist in any requests you may have.