Why Blockchain Just Might Be The Next Big Thing In Technology?

Mobile applications are necessary for business owners to thrive in this highly competitive world. Increased mobile usage and ease of access to the internet are responsible for it. Everybody carries a phone in their pocket and wants to do everything on this small screen.
I want to ask you a question before proceeding further. How many apps do you have on your phone right now? Have you ever noticed? Our mobile phones are full of different kinds of applications because we want our lives easier, stay connected, and have access to a world of information and entertainment at our fingertips.

Take a look at the following stats that confirm our reliance on mobile applications:

This table shows that mobile phone users are growing each year and it is predicted to grow by 6 billion in 2027. Moreover, the global consumer is spending more time on mobile apps, amounting to 35.28 billion U.S. dollars as of the 1st quarter of 2024 - Statista. By comparing this data from 2023, it can be concluded that mobile app usage has grown by 5% as compared to the corresponding quarter in 2023.

These stats show that if you fail to create a mobile application for your business, you risk falling behind your competitors.

Just creating an app is not enough to stand out among competitors. Approximately, there are a total of 6.63 million apps on Google and the Apple App Store. This number is immense and distinguishing your new app in such a crowded marketplace is a significant challenge.

How to make your mobile app stand out from the rest? Well, it is impossible if you fail to comply with evolving trends in the mobile application development industry. It is important to make your mobile app innovative by integrating emerging technologies.

This number is immense and distinguishing your new app in such a crowded marketplace is a significant challenge.

How to make your mobile app stand out from the rest? Well, it is impossible if you fail to comply with evolving trends in the mobile application development industry.

Approximately, there are a total of 6.63 million apps on Google and the Apple App Store. This number is immense and distinguishing your new app in such a crowded marketplace is a significant challenge.

In this article, we are going to discuss some of the latest mobile development trends that can make your app outstanding. Let’s take a look:

There are lots of new technologies that are reshaping the mobile app industry. Here, we are going to discuss the top 10 emerging technologies in mobile app development that can help you attract your target audience and stay competitive:

1. Artificial Intelligence & Machine Learning

Artificial intelligence is not just the future, it is the present. A few years ago, we were just predicting AI could revolutionize various aspects of life. Now, the future is here.
Most mobile apps have started leveraging the power of artificial intelligence to enhance user experience, introduce automation, and increase security. We have already started observing and using AI in our various mobile applications. Google Assistant, Dalle, Discord, Canva and FaceApp are some of the examples of AI apps that have become integral parts of our daily lives.

AI-based chatbot is also one of the biggest examples of how AI is increasingly integrated in our everyday lives. KFC, AirHelp, H&M, and Zomato are some of the renowned businesses that have already integrated AI-chatbots in their mobile apps. Even financial institutions like IDFC bank are already using AI-based chatbots for enhancing customer service experience.

Even Google Maps is using AI to calculate data and predict traffic patterns, and suggest the best route. The world is moving from smart to intelligent, and many more surprising inventions are on the way.

If you want to be a part of this transformative journey and achieve your business objectives, embrace AI technology in mobile applications. Machine learning is the sub-branch of Artificial Intelligence in which algorithms and statistical models are used to enable computer learning and make decisions.

AI and ML have been the widely used technologies in mobile app development for the last few years in a row. Continuous advancement in these fields is setting our expectations high. There will be many more interesting developments to watch in 2024.

2. Internet Of Things

Internet of Things (IoT) mobile app development means creating apps that allow mobile to connect with IoT devices such as watch, TV, cameras, etc. All IoT devices are integrated with sensors and software that help in connecting these devices with mobile through mobile applications.

The Google Home app allows you to control thousands of compatible devices through your mobile phone. Similarly, Apple Home lets you manage the operation of various devices at home with the touch of a button on your mobile phone. With the help of the LG thinkQ app, you can check on smart LG appliances from anywhere. The Fitbit app connects with Fitbit wearables to track health metrics.

These are just a few names among millions of IoT-based mobile apps. Many other renowned brands like Xiaomi, Bosch, and Honeywell are also using IoT technology. IoT mobile application market is growing continuously and it is predicted that it will reach US$ 40.5 billion by 2033

Growing statistics and the entrance of industry behemoths in IoT mobile app technology make it evident that investing in an IoT mobile app can help you grow your business.

Introducing IoT based mobile apps helps businesses to enhance user experience, reduce user’ efforts and increase their productivity, and save cost. Also, it helps in enhancing safety, and offering good customer service.

Yes, IoT also helps improve customer service, which is crucial for retaining customers. If you encounter any problem with your IoT-enabled device, connect your device to the internet.  A customer service representative can then access your device remotely and diagnose problems.

Isn’t it amazing!

3. AR & VR

Augmented Reality (AR) technology can combine digital and real world. It helps in overlaying digital information into the real world, enhancing user perception of their environment.

Snapchat- a successful Augmented Reality (AR) mobile app that has created a buzz around the whole world. This app allows you to chat with friends, click pictures, create videos and use different amazing filters. These filters are what make the Snapchat app different from others.  Filters are designs that seamlessly integrate with your Snaps. These filters detect your face to apply different filters to your photo like changing your age, and gender, adding a crown on your head and so on.

Even Instagram has added AR filters like Snapchat to keep users engaged and encourage them to use this app more. L’Oreal AR Try-On is also an AR-based app to try different products virtually. Even, the food industry is also using this technology in their mobile application to enable customers to view 3D models of dishes. Ranging from retail, healthcare, and Architecture to tourism, AR technology apps can help in building immersive and interactive experiences. Consequently, it will help in attracting new clients and retaining old ones.

Now, let’s come to the fact that Virtual Reality (VR). This technology lets users immerse themselves in the 3D digital world by using VR devices.

YouTube VR is one of the most popular VR mobile apps available to users.

Virtual Reality market size is estimated at USD 22.81 billion in 2024 and is expected to reach USD 131.93 billion by 2029. Source: Mordor Intelligence.

Stats are clearly showing that VR is changing the lives of people and market trends as well. Most businesses have already started using this technology to provide amazing virtual experiences to their audience.

VR technology can be used in entertainment like VR movies, games, etc. This technology can also be used in customer service, corporate training, e-learning, prototyping and testing. Some of the popular VR apps that have already created a buzz in the market are Google Cardboard App, Hand Rehabilitation VR Training, Margabi VR Store, etc.

Do you want to amaze your audience by creating AR or VR-based apps? Share your idea with mobile app development experts who have years of experience.

4. 5G Technology

You might be surprised to know that 5G technology has also played a crucial role in transforming the mobile app development industry. Without the introduction of 5G technology, it was really difficult to use IoT, AR, VR, or AI technologies.

5G technology has made it possible to transfer data at a high speed with very low latency. This new technology lets users enjoy high responsiveness and fast apps.

Due to this 5G technology, people are enjoying the following:

• OTT platforms with 4K streaming
• Precise GPS
• Metaverse
• Smart Home and IoT Applications
• Real-Time Data Analytics Apps

And, many more.

In simple terms, 5G is opening the doors for more innovative and amazing applications. Taking advantage of this technology can help us to create apps that surpass our current imagination.

5. Blockchain Technology

Mostly, people associate blockchain technology with cryptocurrency transactions. After some recent developments, blockchain is considered a secure database that can help in creating secure mobile apps.

With the help of blockchain technology, we can create mobile apps that can enhance security, transparency and decentralization.

Some of the renowned examples of blockchain apps are Blockchain.com, Brave, and Civic. There are plenty of benefits to integrating blockchain technology into mobile apps:

• Secure data storage: Blockchain offers a decentralized and safe method for strong sensitive data of users. No more need to be dependent on a central server, data can be distributed across the network. Thus, there is no risk of single-point failure.
• Identity verification: It can be used for secure identity verification, allowing users to safely access their information.
• Cryptocurrency transactions: When we talk about cryptocurrency, blockchain plays a fundamental role. Mobile applications can take advantage of this technology to create safe and transparent peer-to-peer transactions. Thus, blockchain can reduce the risk of fraud while making online payments.

Blockchain technology is growing in demand and we will witness its growing usage in creating anti-piracy software, tools to moderate elections, and Blockchain as a service (BaaS) platforms.

6. Voice User Interfaces (VUIs)

Voice user interfaces have also emerged as a prominent trend in mobile app development. With the introduction of Natural Language Processing (NLPs) and voice recognition technologies, it is possible to change the way people interact with applications. VUIs allow users to interact with mobile with their voice commands and get the desired results.

Google Assistant, Siri, and Alexa are some of the renowned examples of mobile apps that use VUIs.

People love to use these apps because they enjoy a hands-free and eyes-free way of interacting with apps. With the help of VUIs, people can do their tasks faster. They do not need to type a long text for an operation. They can give commands through their voice.

All business owners want their apps to stand out among competitors. Introducing VUIs in their apps can help you to get a competitive advantage and be a part of this advancing world.

7. Cloud Based Mobile App Developments

Latest technology apps need larger storage within a mobile device’s internal memory. Due to limited storage space, people started facing storage problems. The advent of cloud computing has solved this problem.

Remote servers can offer the required storage space and let the new-technology apps function without any problem. Thus cloud computing allows users to download big-size apps without affecting the device's internal storage space.

When it comes to cloud mobile application development, there are three broad categories:

• Software as a Service (SaaS)
• Platform as a Service (PaaS)
• Infrastructure as a Service (IaaS)

Netflix, Amazon Web Services (AWS), Dropbox, and Asana are some of the best examples of cloud-based mobile app developments.

The top reasons for investing in cloud-based mobile apps are:

• Takes less storage space
• These apps are platform-independent
• Easy to scale
• Secure data
• Easy database integration

Cloud-based mobile apps offer scalability and flexibility. Therefore, these apps can help your business to thrive in a highly competitive marketplace.

8. Mobile Commerce

M-Commerce or Mobile commerce allows users to shop online through their mobile phones. After the COVID- pandemic, we have seen a significant shift in the lifestyle of people. Whether you are a large retailer, a small businessmen or an individual, everybody prefers to shop online using mobile phones.

Mobile commerce is the best way to meet growing demand. E-commerce business owners who fail to adapt to this growing trend can not pass through the competitive world. It is the only way to stay competitive in this world.

Examples of m-commerce include in-app purchasing; mobile banking virtual marketplace apps, such as the Amazon mobile app; and digital wallets, such as Apple Pay, Google Pay and Samsung Wallet.

9. Super Apps

Super apps combine multiple services into a single app, offering a comprehensive user experience. These apps are designed to be a one-stop solution for various needs, ranging from communication and social networking to financial transactions, shopping, and even transportation services. The concept of a super app originated in Asia and has become a significant trend globally.

Examples:

WeChat: Originally launched as a messaging app, WeChat has evolved into a super app that includes social media, mobile payment services, e-commerce, and even government services. Users can chat, make payments, book rides, order food, and much more without leaving the app.

Grab: Starting as a ride-hailing service, Grab has expanded its offerings to include food delivery, digital payments, hotel bookings, and financial services. It aims to provide a seamless user experience by integrating multiple services within a single platform.

Benefits:

• Convenience: Super apps provide users with a wide range of services in one place, eliminating the need to switch between multiple apps for different tasks. This convenience drives higher user engagement and retention.
• Enhanced User Engagement: By offering diverse functionalities, super apps keep users engaged for longer periods. The more services an app provides, the more reasons users have to stay within the app ecosystem.
• Increased Revenue Streams: For businesses, super apps open up multiple avenues for monetization, from transaction fees and subscriptions to advertising and partnerships.

10. Real-Time Location Tracking

Apps with real-time location tracking capabilities provide users with services like navigation, delivery tracking, and location-based marketing. This technology utilizes GPS, Wi-Fi, and cellular data to determine the precise location of a user or an object, enabling apps to offer timely and relevant information.

The best examples of mobile apps that use Real-Time Location tracking are Uber,  IDFC, Uber Eats, Facebook, Find My Device, etc.

Mobile app development is continuously growing and evolving with new technologies. All businesses are vying for the attention of their audience. To pass through this cut-throat competition and meet user expectations, it is important to leverage new technologies in your mobile app. Create innovative and unique mobile apps that can attract and retain customers. Take the help of experts to stay competitive.