Mobile app development has become a crucial digital solution for your business to reach potential customers and increase operational efficiency. The mobile app market is expected to reach $614.40 billion by 2026.
Despite end users having access to application solutions for over a decade, the rapid pace of business requirements and technological advancements continues unabated. That’s why business owners are following Innovative mobile app development trends to get satisfactory results.
If you want to deliver a customized user experience and increase your online presence, it’s the ideal time to familiarize yourself with the most recent trends in mobile app development.
This blog will provide you with top mobile application development trends to help you stay ahead of the competition, whether you’re an investor, coder, or entrepreneur.
Top 8 Mobile App Development Trends for 2024 & Beyond
Trend #1 – Embedded of Internet of Things (IoT) App
The Internet of Things has had a significant impact on this aspect of modern life. The powerful emerging technology consists of a sensor network that concurrently collects data from both individuals and machines.
Additionally, mobile app developers want to use IoT to create better apps these days. Let’s now examine how the Internet of Things will impact the field of mobile application development.
- Predictive maintenance, inventory control, supply chain monitoring, and simplified asset tracking are all enhanced by mobile IoT-based apps.
- Retail, consumer, and healthcare industries all use IoT in manufacturing.
- It’s critical to guarantee smooth communication.
- Mobile IoT applications must adhere to sophisticated authentication protocols and encryption technologies.
The anticipated value of the worldwide Internet of Things market is projected to reach $318 billion by the year 2023. $226 billion will come from software, such as apps for mobile devices.
By 2025, the Internet of Things’ technological revenue is expected to surpass 1.6 trillion, as per Statista.
Trend #2 – Wearable Device Development
From gym to subway, Wearables have taken the world by storm. The AirPods and Apple Watch clear the path for additional space development.
Currently, every manufacturer has their take on the smartwatch and smart earphones. These can assist you with navigation to your destination, and some even allow you to make phone calls without having your phone with you!
It’s safe to say that wearables are one of the biggest mobile app development trends, given that the wearables industry is valued at over $44 billion.
If you want to keep your business ahead of the competition, consider following new trends in mobile application development:
- By 2025, the medical wearables market is projected to grow to a value of USD 19.5 billion worldwide. It is currently 7.4 billion USD for this year.
- By 2026, the varied wearable technology market will grow to over $150 billion annually.
Trend #3 – Artificial Intelligence & ML
Siri and Alexa, these two names come first whenever we hear the term AI & ML device. In addition, AI is used extensively in mobile app development.
Apple introduced Core ML 3, an iOS machine-learning framework, last year to assist developers in integrating AI into their mobile applications. In addition, Google recently updated the Maps app with new features that enhance user experience through AI.
The AI market is anticipated to reach $190 billion by 2025, with a projected CAGR of 37%.
Mobile apps can integrate AI & ML technologies like speech recognition, face detection, text and image classification, image recognition, and more.
In 2023, the incorporation of AI and ML represents a major trend in the field of mobile app development.
We anticipate that AI will change the way apps are developed in 2023, enabling them to be more innovative, more effective, and able to offer more engaging user experiences.
Trend #4 – Mobile Wallets
There is a growing mobile wallets trends such as Apple Pay, Google Pay, and Samsung Pay.
According to a recent report, mobile wallet transactions amounted to $6.1 billion in 2019, and it is projected to nearly double to $13.98 billion by 2023, indicating substantial market growth in the next two years.
Steadily but slowly, mobile payment users are using wearable technology that is connected to enable payments through apps. All mobile apps will need to support mobile pay in the upcoming years.
All applications that handle transactions ought to be equipped with wallet integration as a standard feature.
Trend #5 – Augmented Reality (AR) & Virtual Reality (VR)
Developers can now experiment and build on augmented reality applications, as half of the world’s population now owns a smartphone. Although web apps have been tried, they lack the same level of appeal as mobile apps.
Game developers use AR & VR development tools, Unity 3D and ARPA to create virtual gaming apps for devoted gamers.
According to Statista’s prediction, the revenue in the Extended Reality market is expected to reach $52 billion by 2027.
Trend #6 – Chatbots
Chatbots offer personalized and enjoyable dialogue experiences to customers. So, they have emerged as a significant trend in mobile app development. Chatbots converse with users in their natural language, offering instant support and answering inquiries.
Thanks to advancements in machine learning and natural language processing (NLP), chatbots are becoming more intelligent and efficient. This results in seamless interactions and increased user satisfaction with mobile app experiences.
Trend #7 – 5G Technology
The advent of 5G technology is ushering in a transformative phase in mobile app development. It offers swifter data transfer speeds, minimized latency, and increased network capacity, empowering developers to craft more intricate and engaging app interactions.
The rapid speeds and minimal latency of 5G open fresh opportunities for app creators to design innovative, interactive, and data-rich applications that have the potential to reshape industries and elevate user experiences.
Trend #8 – Beacon Technology
Beacon technology, a popular trend in mobile app development, provides proximity-based location services by utilizing Bluetooth Low Energy (BLE) devices. Beacons are small wireless transmitters that can establish a connection and exchange data with neighboring mobile applications.
Developers of mobile apps can provide users with customized offers, notifications, and content based on their actual location by incorporating beacons into their apps. Beacon technology improves consumer experience, fosters more user interaction, and opens up new avenues for innovative app development in a variety of sectors.
The beacon market is projected to exhibit a CAGR of 48.9%, with an anticipated value of USD 31.61 billion to be reached by 2026. As a result, app development companies are using this technology for different industries, including real estate, healthcare, and retail.
Statista reports indicate that the market for beacon technology is expanding at a compound annual growth rate of 59.8%. Its estimated value will increase by $56.6 billion by 2026.
Advantages of applications that incorporate beacon technology:
- It’s beneficial for restaurants, hotels, pharmacies, and hospitals
- Customers might find it to be beneficial in an emergency
The Final Thought!
Technology is constantly evolving every year. It’s critical to follow the mobile app development trends if you want to stay on top of the mobile app development scene.
The latest technological developments in mobile app development offer developers a plethora of fresh prospects. It’s a challenging project that necessitates in-depth market, competitor, and trend research and analysis.
If you are planning to build a successful app or software for your business, get in touch with a reliable mobile app development company. They will use the latest trends and tech stacks to deliver satisfactory results to clients.