The entire world is wrapped around the Apps. Even small businesses have mobile apps to get better ROI and promote their businesses. There are various types of apps available in the market such as Native, Hybrid, and Web Apps. Today Mobiles have become a very important factor for the growth of any business. Where 19% customers prefer websites; 81% customers prefer a mobile app, in fact, 75% of revenue is generated through mobile apps. Mobiles are taking over desktops very quickly. Where there are 1800+ Million Mobile Users there are only 1600+ million Desktop users.
In 2016, 149.3 billion apps were downloaded, in 2017 197 billion apps and by 2021, it is expected that there will be 352.9 billion apps downloaded by the users. In Android, there are 2.8 Million apps available in the Play Store and 2.2 Million apps are available in the Apple App Store. In 2015 where revenue generated through apps was only $69.7 Billion, it is expected to reach $188.9 Billion by 2020.
Since the Mobile usage has increased the mobile app, payments have also skyrocketed. In 2015, it was $450 billion, in 2016, it was $680 Billion, in 2017, it is $780 Billion, and by 2019, it is expected to be $1080 billion. The satisfaction rate of Mobile Payment Apps is Apple Pay 66%, PayPal 45%, and Google Wallet 33%. All are fond of Apps, but do you even know the time & cost gone in developing an App? For a simple app, it takes 300 hours, moderate app 400-600 hours, and a highly multifaceted app 900+ hours. To build an Android App it will cost you between $10-$225 and to build an Apple App it will cost anywhere between $10-$250.
Having an app will not only ease your work but will help one fetch better ROI. It is less time consuming and helps you to business on the go. The stats prove that the customers prefer mobile app over websites.
If you have a grocery store and you are looking to take your business to the next level, then this is the right time to invest in grocery mobile apps. A report by Oberlo suggests that online grocery sales in the US are expected to reach $160.91 by 2023. Not only this, the revenue continues… Continue reading How to Build a No-Code Online Grocery App in 2023?
Most businesses create an app to establish their business in the digital world. But after some time, these businesses end up investing much more money by creating different versions and similar apps for different operating systems to stay relevant in the market. Later on, this choice of businesses becomes painful as they spend more money… Continue reading How to Build Modern and Offline Progressive Web Apps
As per the reports of GrandViewSearch, the global market size of B2C eCommerce software will increase to USD 7.6 trillion by 2028. The statistics suggest that B2C eCommerce platforms will grow with a CAGR of 9.7%. All of us know that online marketplaces whether you take B2B or B2C are growing at an incredible growth… Continue reading 4 Ways to Build B2C Marketplace Software Solutions from Scratch
Sign up for our newsletter and be the first to receive all the latest updates.
Request a callback from us by filling the form below.
Get your project estimate. Brainstorm business ideas. Book a demo. Get complete support and so much more!
