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Key Insights From The Mobile Application Development Market In 2022

Daniel by Daniel
June 27, 2022
Key Insights From The Mobile Application Development Market In 2022

With futuristic technologies continuously making their way to the market, there are several key insights we can expect from the mobile app development industry in 2022. The mobile app market is evolving at a rapid, breakneck pace. In fact, the industry is currently expected to experience a massive growth-rate of over eleven-percent in the next five years. This means the app sector could be worth approximately $365 Billion by 2027. 

As a developer yourself, it is crucial to get situated with the latest trends to survive in this highly-technological error. This allows today’s dev teams to stay productive, future-proof their skills, and hit new revenue records. To get started now, read on to learn the key insights from the mobile application development market in 2022.   

Mobile Wallets & Digital Payments

Mobile wallets and digital payment options are currently high in-demand, and so many popular apps are currently using them. According to recent studies, these virtual wallets process over $13 Billion of online transactions every year. This means that wallet and payment integration will likely become a standard feature for most mobile apps in the upcoming years. 

As a developer, this requires you to get familiar with payment processing gateways, terminals, and compliance regulations. It also helps to get familiar with different credit card providers and eCheck networks. Surely, mobile wallets and digital payments have shown massive signs of growth for smartphone applications in 2022. 

Internet Of Things (IoT) App Integration

While IoT is far from a brand-new concept or idea, it has recently played a major role in the growing mobile app development market. Mobile apps are routinely used to control smart home devices, manage security systems, or connect with other appliances. For programmers interested in these opportunities, it is crucial to invest in iot device managers, such as JFrog Connect. 

These solutions provide all the needed resources to manage, maintain, and control IoT devices, even from remote locations. With these tools, it only takes one-minute to connect preferred devices, then start managing them remotely. Certainly, IoT app integration has evolved as one of the quickest emerging trends in the mobile app development market. 

Beacon Technology

Additionally, many mobile app developers have started using advanced beacon technology solutions. In short, beacons are tiny, wireless, and low-energy transmitters that use Bluetooth to distribute signals to smart devices. While these devices have been around for nearly a decade, they are becoming especially popular for mobile app development operations. This is especially true for online retailers. 

On the end-users side, they can benefit from location-specific data, real-time alerts, along with convenient mobile payments. Indeed, beacon technology is one of the latest trends, breakthroughs, and insights from the mobile app market in 2022. 

Touchless User Interfaces (UI)

Touchless user interfaces have also become especially popular in recent years. Both developers and end-users want a UI that is convenient, innovative, and reliable. To enable this, many developers are focused on incorporating gesture or voice-based interfaces into application design. These solutions hold the potential to revamp app usability for the disabled, elderly, or different subsets of users all together. 

Of course, this is known to reduce device contamination, promote accessibility, and reduce distractions. Absolutely, touchless UIs have emerged as a popular trend from the mobile app development market in 2022. 

Predictive Analytics

Moreover, many expert mobile app developers have also begun to work strategically with predictive analytics. Predictive analytics involves extracting valuable insights from large volumes of data. Then, it can make automated decisions that enhance productivity, streamline processes, or enhance performance. 

In the mobile app world, these data-driven analytics can perfect user experiences (UX), as well as organized end-to-end development procedures. Leveraging these technologies, companies can gain a competitive advantage, discover new revenue opportunities, and better resource utilization. Definitely, predictive analytics are one of the most notable insights from the mobile app development market in 2022. 

There’s several key insights arising from the mobile application development market in 2022. First off, many commerce focused applications have adopted digital payments and wallets. In addition, IoT app integration has emerged as another popular trend in the mobile app world. Many mobile app retailers have also begun using beacon technology to streamline their digital operations. 

Moreover, touchless user interfaces have also shown significant signs of growth approaching 2022. Another major trend in the app development industry involves predictive analytics and big data. Follow the points highlighted above to learn the key insights from the mobile application development market in 2022.   

Daniel

Daniel

Daniel is inspired by innovative technology taking shape around the world and this is what motivated him to start Geek After Hours, a tech blog featuring how to guides about computer, laptops, mobiles, software, and gadgets. He also like to write reviews about technology products with an aim to help you make better buying decisions.

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