Top Industries that will flourish with the power of mobile apps

Needless to say, mobiles have become smart, convenient, and fast in many ways. As a result, people can do a lot more than they could have a decade ago. With the rise of sensors, Artificial Intelligence, Machine Learning, Virtual Reality, Augmented Reality, IoT, and Blockchain technology, smartphones have become on-the-go computing machines. Innovative organizations across different industries can leverage the power of mobile apps and new-age technologies to provide new solutions, generate more revenue, and stay ahead of the competition.

Let’s gaze at some of the top industries that are poised for digital disruption.

eCommerce Industry

The e-Commerce industry was already on the rise before the pandemic hit as a result of the digitized world looking for more convenience. But during the pandemic phase, the industry boomed not out of convenience but out of necessity.

Mobile apps have a great potential to increase the probability that users will indulge in more transactions, considering they browse through more products using mobile apps (around 286% more as compared to browsing through mobile websites). As the numbers rise with every passing year, it is imperative for the companies dealing in the eCommerce sector to adopt eCommerce mobile app development as part of their growth strategy.

Healthcare Industry

There are several layers to an effective the healthcare system, such as patient-doctor interactions, doctors on demand, access to quality healthcare, affordable medical services, patient medical knowledge, and many more. Healthcare mobile applications are changing the landscape of the healthcare industry by focusing on making all the aforementioned aspects of quality healthcare more feasible and easily accessible.

With on-demand healthcare, patients are moving towards a system where they can easily connect with the doctors via videos and can ask questions about their health, share their medical history, and get prescriptions for minor health-related problems from the comfort of their homes.

Finance Industry

Usage of finance applications such as traditional banking apps, fintech apps, payments apps, and investing apps have been steadily on the rise over the last few years, and the pandemic may have contributed to greater than expected growth in the online fintech industry. As per the data released by Sensor Tower, Q2 2020 saw 1.24 billion downloads of finance apps, out of which 840 million were made in Google Play Store and 395 million were made through iOS App Store. The use of Blockchain technology, virtual currencies, and cryptocurrencies have also aroused enough interest among people to get inclined towards finance-based apps.

Food & Hospitality Industry

The food and hospitality industry is one of the largest industries in the world and is undergoing a revolution. Though 60% of food and beverage manufacturers in the U.S. are using the IoT for tracking and tracing ingredients, less than 50% of them are using the advanced analytics that the IoT brings along. The opportunity is immense if the businesses can extract the most out of the advanced technologies to power their applications.

Social Networking Industry

Social media is a vast industry, with over 3.96 billion people worldwide are using social media as of 2021. Social networking connects a group of people through a common loop or channel, which could be a hobby, work, profession, interests, status, industry, etc. With the rise in modern communication-enabling technologies, it can’t be a better time for businesses to enter the industry with a unique, user-focused social networking mobile application.

Whether you are going for iOS app development or Android app development, partner with an experienced mobile app development services provider that can help you develop a robust, future-driven mobile app for your business and take your business to the next level. If the majority of your users are on both iOS and Android, you can invest in the Flutter app development to get a powerful cross-platform application for your business.