Mobile app development is growing at a rapid pace. In the last few years alone, the number of active smartphone users worldwide has increased, and with mobile technology continuously taking off across different industries, it’s a good time to learn more about what will drive it in the coming years.
The first and arguably most important aspect to consider when analyzing mobile technology trends is how it’s changing. The first mobile devices were by no means revolutionary, but their superior video camera and display capabilities gave rise to a brand-new app-driven ecosystem centered on communication.
Mobile app revenue is expected to reach $201 billion by 2024. With a CAGR of 19.5%, mobile app revenue is experiencing impressive year-over-year growth. By 2025, consumer app spending may reach over $270 billion.
It’s safe to say that it wasn’t until 2007 when smartphone capabilities jumped to a whole new level that we started to see other industries adopt mobile technologies.
Here, we’ve put together a summary of current mobile app trends as well as some useful information about how various industries are advancing development. After that, we’ll give you some tools and resources we think you’ll find useful for your own additional research.
Top Mobile App Development Trends 2024
1. Augmented Reality (AR) and Virtual Reality (VR)
Interest in Augmented Reality (AR) has been growing for some time, and a recent market report shows that in 2017 alone, the AR apps market was worth over $5.5 billion. However, we’re not quite at the tipping point for mobile AR, but many interesting applications are currently being developed across industries, including real estate and mobile banking solutions.
The technology is also set to evolve in the coming years, with VR becoming a more realistic prospect. The use of virtual reality (VR) has already proven to be a very valuable tool across many industries. Before making an offer, prospective buyers can virtually experience their dream home with the aid of VR software. This gives them the opportunity to examine the space in great detail, and to get a good impression of what it will really feel like to live there.
2. 5G Technology
5G technology has existed for a while. But in 2024, it will become a buzzword. Tech businesses have started implementing 5G at full scale. Below you can see how 5G connections globally are forecasted to grow in the following years
5G connectivity is anticipated to be a game-changer for mobile data transmission, delivering fast connections and more reliable connections overall. The rollout of 5G will not only offer a much better consumer experience but will also enable mobile app developers to create new and more innovative apps. As consumer demand grows, and 5G networks become more widespread, we can expect to see a huge influx of connected devices.
3. Cloud-native Mobile Applications
Cloud-native applications are different from other types of mobile app development because they are built to take advantage of the cloud infrastructure that powers modern software. An approach to building and updating apps quickly while enhancing the quality and lowering risk is known as cloud-native development. It allows developers to build fault-tolerant, scalable, and responsive applications. These programs are operated and stored in the cloud.
It represents a novel method for building vast, intricate systems. The strategy fully utilizes contemporary software development methodologies and technologies to develop applications. They also get better performance by running each application and its services in a distinct container, instead of on a single isolated instance.
4. Mobile Commerce
The development of smartphones and mobile commerce is driving up demand for extra features that improve customer satisfaction. Mobile commerce has become a key part of this industry, and it is expected to grow tremendously in the years ahead. A growing trend in mobile e-commerce is to advertise products based on the user’s location.
For example, if a customer is close to a restaurant, then it may make sense for the restaurant’s menu to suggest that the user place an order.
A recent Nielsen study indicated that many consumers are open to making purchases from mobile apps. As more users engage with their smartphones and start using mobile payments, merchants need to up their game.
Also Read: Latest Fintech Trends That Will Shape The Future of Finance
5. Mobile Apps for Wearables
With wearable technology becoming more popular by the day, it’s no wonder that mobile app developers are racing to create the next big thing. Mobile apps for wearables have become increasingly popular in recent years and will only continue to grow as this technology continues to develop at a rapid pace. The first Apple Watch was released in 2015 and has already sold over 17 million units. Many other brands has also released their first watch or other wearable devices, and they are set to launch several progressive new models of smart wearable devices. Apart from this health technology has also evolved and has developed a number of wearable devices that are operated or managed with mobile wearable applications.
6. Advanced AI, Analytics, and Machine Learning Capabilities
In more ways than you can imagine, AI and ML are now essential to how we live our daily lives. And because of this, organizations of all kinds and businesses are treating these technologies more seriously. When it comes to integrating AI and ML, mobile apps are arguably the most popular tools.
The rise of machine learning (ML) and artificial intelligence (AI) has seen more and more companies look to develop software that can learn, predict, and act without human input. It’s easy to see how these technologies can be applied to make mobile apps smarter, but there are a number of other ways they can be used.
Imagine an app that can notify you about breaking news in your area, or provide you with information about the best places in your city to eat or visit.
7. Payment Solutions Integration
Mobile payments are becoming more popular, and as a result, we’re seeing a rise in payment solutions that make it even easier to pay with your phone. Mobile payments are expected to exceed $1 trillion by 2020, and many financial institutions see this as their key strategy to stay relevant.
All major credit card companies have been upgrading their payment systems in order to stay consistent with the latest global standards. With third-party payment apps already available and new technology such as Apple Pay, Samsung Pay, and Google Pay set to change the way we pay for things, mobile apps are set to become one of the biggest drivers of payment integration in the coming years.
8. Security is a Priority
In this day and age, we cannot expect any app to be secure or safe. The speed at which mobile applications grow is creating new security challenges for developers, just like it does for the rest of the Internet. Payment solutions are becoming an increasingly important factor in mobile applications.
Tracking personal information (credit cards, driver’s licenses) on mobile devices can result in a high amount of risk to users. So security should be the top priority in any type of mobile application. There is a growing trend toward safer mobile transactions. These services allow users to store their credit card information and other personal data on their smartphones and make payments with the touch of a button.
Why Choose Quytech for Mobile App Development?
Quytech’s specialization is mobile app development. It specializes in developing mobile apps for Android and iOS platforms. The successful delivery of new apps has become a key part of any business strategy, with mobile information technology (ICT) being an important driver of business growth and transformation.
Mobile apps are used in many different areas, from banking to e-commerce to entertainment, education, healthcare, and other industries.
We at Full Scale are the best in app development for all platforms. We provide our customers with the best mobile app development services. No matter what kind of mobile application you need, we are always there for you.
The mobile app development process is also changing, with new trends emerging every day. Forward-thinking mobile developers and marketers should keep an eye on these trends when thinking about how to make their software better in the future.
Conclusion
With the introduction of new technology, mobile apps are expected to grow and evolve in the coming years. The current growth of mobile app development is a clear sign of this trend. Mobile apps are growing in popularity and range from games to banking applications.
Mobile apps are a key driver for developing new technologies and applications, especially in times when there is an increased interest in personalization, customization, and interactivity in business processes.
Mobile apps are expected to continue to grow and become a critical part of business operations in the future, with the introduction of new functions such as augmented reality, machine learning, and artificial intelligence. According to the Bureau of Labor Statistics, mobile app development is one of the top five industries where the most jobs will be created over the next decade.
If you are planning to develop a mobile app in 2024, make sure that you are up to date with the following trends.
