The year 2019 witnessed a lot of opportunities, especially for young entrepreneurs, in the mobile app development space. Emerging technologies, such as 5G, beacon and artificial intelligence (AI) made their mark this year. In 2020, these technologies will establish themselves and penetrate the mobile app development space.
App downloads are expected to grow to 200 billion. The industry has achieved a 24% growth rate in the last few years. In 2019, there were 1.96 million apps in the App Store and 2.46 million apps on Google Play. Forecasts indicate that globally, the annual mobile app downloads will reach 258 billion by 2022, which would be a 45% increase from 178 billion downloads in 2017.
Asian countries have shown unparalleled growth in mobile penetration and app adoption. An interesting development in the industry is that consumers want to explore paid apps. Research shows that 46% of the customers indulge in paid apps.
I foresee the following trends for the year 2020, which will shape the industry.
AI-enabled apps will assist in personalization and hyper-localisation
Esta historia es de la edición January 2020 de Voice and Data.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición January 2020 de Voice and Data.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Businesses in a quandary as India battles mobile spam
TRAI's new SMS regulations target spam but could disrupt legitimate business communications, while OTT platforms like WhatsApp remain difficult to regulate
Coca-Cola cloud brings a golden harvest for Infosys
Infosys is set to significantly benefit from Coca-Cola and Microsoft's cloud alliance, highlighting India's pivotal role in enabling digital transformation worldwide
India's cosmic odyssey: Reaching for the Moon and beyond
India's space ambitions extend beyond Chandrayaan-3, with plans for lunar sample returns, a national space station, and cutting-edge launch vehicles
SMEs scale new heights with cloud
Cloud technology empowers Indian SMEs in BFSI with scalability, innovation, and security, enabling them to compete with larger firms and drive growth
Not a chip off the same block
eSIMs are reshaping connectivity with seamless switching, enhanced security, and loT integration while navigating challenges in adoption and regulation
Powering 'Tech Olympics' in Paris
How the Paris 2024 Olympics redefined global sports, blending Al, 5G, and digital twins to set new standards and pave the way for the future of sporting events
"5G has consistently influenced complementary technologies"
With over 34 years of experience in the IT services industry, Dinesh Rao currently serves as the Executive Vice President and Co-Head - Delivery at Infosys.
"AI applications and hybrid work models are drivers of SASE adoption"
With extensive experience in leading product management for Secure Access Service Edge (SASE), Software-Defined Wide Area Network (SDWAN), and Security Service Edge (SSE) solutions across various enterprises, Andrew Winney currently serves as the General Manager and Global Head of SASE Business at Tata Communications.
TELECOM'S GREEN SIGNAL FOR GROWTH
As technology leads India's sustainable transition, innovations like 5G and green energy are paving the way for inclusive growth and environmental stewardship
The BIG Leap
As Indian enterprises embrace 5G, they are driving innovation, unlocking new possibilities, and paving the way for the next industrial revolution
