Do You Think the “App Boom” is Over? You Can't Be More Wrong. - Finoit( Custom Software Development Company - https://www.finoit.com/)
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For some time now, there has been a lot of debate and hype around this. Many have predicted that app wave is done and dusted and it’s time for other tech to dominate. However, the stats speak a different story altogether.
Reason people cite when stating that app economy is over or that new apps won’t find any downloads rely their theory on download stats and that Chatbots, AI, IoT etc. are the new wave tech and are going to replace the app economy.
Well, yes the market has abundance of app and audience also has matured but that’s leading us in a different direction and that not at all reflects that app boom is over. Further, if we look clearly, we can observe that app is becoming a tool to facilitate implementation of more comprehensive tech.
The apps are, by no means, down and out. The are rather growing and transforming at the velocity of knots. The web is going through a revolutionary application through the desktops, televisions and the mobile web.
Followed are some of the stats and information which provide more information on app economy and how every mobile app development company will look to evolve and take an early edge over others in mastering these trends:
1. Revenue from apps is on an all-time high
App revenue is ballooning at the velocity of knots and is expected to go past $100bn dollars by 2020 as per reports from established mobile research firm App Annie.
2. Instant apps are actually ‘disrupting’ the mobile web, and not the native apps.
Instant apps offer a more graceful experience as compared to the mobile web; they run from a URL in a browser and deliver the same rich and powerful experience of native apps with no pain points of taking up large disk space.
3. Consumption facilitator Vs download
It’s a purple patch for mobile app developers today, with billions of people having access to smartphones. The formidable competition in mobile hardware segment has forced manufacturers to release cheap smartphones, which means most of us have smartphones today.
4. TVs and desktops open new avenues
Desktops and TV platforms could add to the evolution and give the app economy a new direction. Windows 10 flaunts a quintessential app store. You no longer need to open Netflix.com as it can be easily launched from an app instead, with just a click.
5. Chatbots are AI in constant evolution
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