New Trends in Mobile Application Development That May Reinvent The World
What are the new trends in mobile application development? Originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world.
With over 6 billion Smartphone users and nearly 5 million+ mobile apps available, app development trends are sure to watch. Certainly, mobile applications have become an irreplaceable part of our lives. These have changed the way we communicate, order food, make bookings and even do business.
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According to the reports, mobile applications are projected to generate more than 935 billion U.S. dollars by 2023. Hence, this industry is highly sustainable and here to stay for long. Below I have listed the top mobile app development trends that you must know before 2021 ends!
IoT : Internet of Things
The concept of IOT is not new. And if reports are to be believed, it emerged nearly 20 years back. Since its inception, it has grown at a breakneck speed. Basically, IoT refers to an ecosystem comprising physical objects accessed through the internet. It makes possible for one to gain control over both humans and equipment, like home appliances, software, electronics, and other gadgets. As per the stats, there will be more than 75 Billion IoT-connected devices installed by 2025.
If I talk about the fact, the net global revenue from the AI market is forecasted to reach $125 billion by 2023. Certainly, the introduction of AI in the tech world has completely transformed the way businesses operate. AI-powered apps cater to every purpose, right from entertainment, gaming, to shopping. Integrating with advanced features like navigation, speech recognition, etc, AI-based apps are surely the next big thing. This technology will help achieve the goals of translation for conversations in real-time helping developers build smarter, interactive & easy-to-use apps & taking the industry to a completely next level.
This is already in trending mode nowadays and it is expected to continue in the future too. Entrepreneurs prefer developing apps that can connect with wearable gadgets like smartwatches, wrist bands, sunglasses, and more. While the wearable technology market is valued at USD 27.91 billion, it is expected to reach USD 74.03 billion by 2026.
Augmented Reality & Virtual Reality
Both AR and VR technologies have advanced in the last few years and have witnessed immense growth. As per the reports by Statista, the AR/VR market is projected to touch the $209 billion mark by the end of the year 2022. A sure upcoming trend will have apps with more of AR & VR like live motion tracking, people occlusion, etc. And the industries to benefit from it include education, eCommerce, healthcare, tourism, etc.
Similar to IoT, Blockchain technology is also not a new thing. But this has started dominating the app development world in different industries including finance, real estate, education, healthcare, etc. Being decentralized, transparent, and immutable, Blockchain technology is expected to reach a market size of $20 billion by 2024.
Contributed by Amber Ray, MBA Executive MBA, Fordham University (2016)