Mobile apps have changed the way we use to carry our daily tasks. From paying household bills to watching your favourite matinee, everything has shrunk to our palms with the help of mobile apps. Data suggests that among 2.1 billion people using smartphones, 90% of their screen time is spent using various apps. Another report suggests that cumulative revenue generated via mobile apps is going to surpass USD 530 billion by the end of 2020. Adding these figures, one can see the impact of mobile apps on our lives and their influence on the future.
The image above signifies the YoY rise in the app revenue from 2015 to 2020.
Mobile technology is evolving every day and bringing more solutions making our day-to-day life easier. Today, every business must figure out how to create an app from scratch if they already don’t have a digital representative, otherwise they soon will become obsolete. In this article, we will see some of the trending technologies which are going to shape the next few years of the app industry as well as the course of humanity. Many of these have passed the initial phases and have already proven their worth to be game-changers.
Leading mobile app technologies shaping the post-2020 world.
The following technological innovations are the crucial points for the development and the direction of the app industry.
1. Artificial Intelligence and Machine Learning
AI was introduced to the app development world in the form of chatbots. From the very beginning of this technology, it was clear that Combining the power of Ai and Machine learning, the technology is not limited to chatbots, gave rise to voice-controlled assistants like Siri and Alexa. According to Gartner, AI has received a 300% rise in investment from 2018 to 2019. Lately, AI’s involvement in Enterprise Resource Planning (ERP) and other methods of increasing profitability and cutting down the cost, has cemented its applicational diversity. In fact, according to IDC, 75% of the organizations who have leveraged the benefits of ERP for cutting down the cost are going to make it a fixed feature of their functioning, including NASA.
Future notable trends of AI and MI
⦁ Face recognition
⦁ Development operations backed by AI
⦁ Automated machine learning
⦁ Image and speech recognition
⦁ Predictive analysis and maintenance
2. Internet of things and Wearable devices
IoT is not a new concept but the latest leaps made in the industry, rising demand for smart homes and outburst of wearable technology has turned it into a significant player in future technology. We are always looking for ways to make our everyday lives better and easier. IoT is the new and the most impactful way yet, in the direction. IoT improves device connectivity, hence improves the overall user experience and allows automated control over a wide range of devices. The concept of smart homes is the perfect example of this technology’s applications. Wearable technology has also helped by connecting individuals with a system at all time, sharing useful information and keeping track of the stats and activities. By 2020, the global IoT market is expected to reach USD 194 billion, with more than 75% coming from the apps.
There is no doubt that IoT and wearable technology are going to be one of the markets in the future when the smart house will be on catalogues and sharing real-time body vital reports via apps will be the norm.
Future notable trends of IoT and wearable technology
⦁ Smart homes and smart areas
⦁ IoT healthcare
⦁ Wearable monitoring and ID
⦁ Self-driving cars
⦁ Wearable technology fitness trends
Since Bitcoins exploded a few years back, everyone has been looking at the Blockchain technology to be the answers to many age-old problems which have restricted the role of money
And ownership. Earlier, due to the vulnerabilities of the encrypted message, nothing significant was achieved in terms of showcasing or sharing important information. The shared data is always at the risk of a break-in and forgery. But with the robust hash generation and the imperviousness of the Blockchain, even the most sensitive of information can be regulated via the internet. Another vital significance of this technology is the development of decentralized mobile applications(DApp). DApp are not owned by one, are impossible to shut down, and have no downtime.
Future notable trends of the Blockchain:
⦁ Tokenization of assets
⦁ Crypto gaming and currency
4. Beacon Technology
One of the few technologies who have shown their massive application in recent times, beacons are paving ways for future hospitality. With a huge number of hotels, museums, hospitals, etc. using beacons to create a better user experience for their clients, its application in other industries can not go unnoticed. Coupled with IoT it’s capacity multiplied manyfold. For instance, common buyers use beacon technology to get the full details of the products and service providers in their vicinity, making decision making easy and saving time for sellers as well as buyers.
Future notable trends of Beacon:
⦁ AI-enabled chips
⦁ Beacon enabled payment
⦁ Beacon based games
⦁ Smart shopping
The Wrap Up
Today, there are several new technologies that can play crucial roles and change the face of humanity, therefore are by far, the most potent players who are influencing the future. These technologies have passed the phases of uncertainty and have shown how they can be crucial for businesses and operations around the world. Businesses that are lagging in the race will have to make up in the future or they won’t survive. They will have to choose the right platform and technologies for their app development early. Businesses with limited resources should explore offshore app development options to get the best results in the exchange for minimum resources. All in all, having a digital platform and leveraging it to meet the needs, is vital for any business. These trends in the app world will help them figure out the best way they can create a solution that offers value to their users and profits to its owners.
Author bio – Andrea Laura is a very creative writer and active contributor who love to share informative news or updates on various topics and brings great information to her readers. Being writing as her hobby, Andrea has come out with many interesting topics and information that attracts readers to unravel her write-up. Her content is featured on many mainstream sites & blogs.