It goes without saying that businesses need struggle harsh to ensure they’re ahead of the curve and their rivals. To “go hard or go home” principle functions with full force, especially in the fiercely competitive corporate world.
And, you’d think that as technologies advance, companies would be facilitated and the burden of effort would be alleviated? That’d be a wrong assumption, though. With new technologies come fresh opportunities and that’s making the race to the top even more cutthroat.
That’s not a bad thing, though. This competition is what’s driving the force of progress and innovation. We live in the era of the digital revolution where technology has already become an inseparable part of our lives.
With this rapid growth, there’s one niche which managed to stand on top of the others. Mobile app development has become the trendiest, most sought-after field which seems to be leading the march of progress.
A report published by comScore shows that the users of mobile devices have surpassed desktop users back in 2014. Gartner narrated a prediction that 2017 will see an income of $77 billion generated through the download of 268 billion mobile apps. Back in 2014, the global revenue generated by mobile apps was $35 billion. Fast forward three years later and we’ve more than doubled this number, hitting $77 billion as stated above.
That’s not all. There are comprehensive researches done one the time we spend on our mobile apps. This is where this piece falls into place. As you can see, people are starting to spend more and more time browsing through different mobile apps on their phones, catalyzing the necessity for a reaction on behalf of the respective industries. Here are 6 of those that have been significantly impacted by the influx of mobile apps.
Education
Mobile app development companies, through their interactive and comprehensive creations have left a definitive imprint on the education in Singapore. They’ve disrupted the field, making education easily accessible and affordable in real time.
One such application is Ask.ManyTutors. This is a straightforward concept where users can take a picture of a math or science problems that they can’t solve and get them uploaded on the app to get an answer from a tuition agency’s overall pool of more than 45,000 tutors and other users.
Another such application is called Snapask which has similar capabilities but the overall medium of field is broader. The former app is free while the latter is paid for through different affordable packages.
We can already see colleges, primary and higher secondary schools, universities and even personal, private coaching classes are using mobile apps to seriously improve the standards as well as the quality of education.
Games and Entertainment
A survey conducted by Statista shows that gaming applications belong in the top ranks of the charts with more than $17 billion in revenue globally. What’s more impressive, however, is the expected growth for 2018 where revenue streams are expected to almost triple, reaching $44.2 billion by the end of the year.
There are quite a lot of different mobile gaming apps available on the App Store or the Google Play Store and people can choose from a pool of categories, genres, style and whatnot.
We are also witnessing a phenomenon where online gaming is already being recognized as a sport and gamers are treated as professional athletes. Gaming events throughout the entire world are watched by hundreds of millions of people and the expectation is that this number will continue to rise.
Travel & Tourism
The mobile app development industry has wholeheartedly revolutionized the way we travel. Long gone are the days when you’d carry an old, paper map with you, trying to navigate in a foreign country. With mobile apps taking over, we have everything that we need at the edge of our fingertips. This has made traveling a whole lot easier.
We’ve seen numerous apps hit the market in Singapore alone. GoThere.sg is a mobile app that takes away the most substantial fear of any traveler — the fear of getting lost. Plan It SG is another app which takes a different approach. Swag Soft, the mobile app development company behind it takes the tourist through local places in attempt to help him experience the city as it is supposed to be, not so much to lead him through the mass, commercial tourist hotspots.
Everything has been made simpler in the travel industry thanks to mobile apps — from finding a room fitting your budget to purchasing your flight tickets.
Healthcare
The tendency in healthcare is towards establishing stronger, more personalized doctor-patient relationships and giving back the control of the patient.
Thanks to the advancement of recent mobile technologies, apps have emerged which allow the patient to have a full doctor consultation through the phone. This is time- and cost-efficient, it is far less burdensome and it delivers a tremendous amount of comfort.
MyDoc is one of the apps representing the capabilities of conducting a remote doctor consultation and receiving actionable, personalized advice without the burden of physical appointment. There are others alike such as Duktur, for instance, which reveals similar overall capabilities.
What is more, there are applications which would allow you to curate a doctor and a medical facility based on individualized criteria.
It doesn’t really stop there, though. Pharmaceutical industries as branch of healthcare in general, take advantage of mobile apps to store, share and survey actionable information collected from research, clinical studies and trials.
Personal Finance
We live in a particularly dynamic environment and micromanaging your own account has become of paramount importance. Personal finance has quickly grown to become a substantial part of the financial industry and, as such, it has also been heavily disrupted by the mobile app development storm.
Chances are that you have an app that helps you manage your own funds. Expensify, for instance, is an app which takes advantage of a SmartScan capability which allows you to photograph all of your receipts, categorize, tag and conveniently add them to your own financial reports.
The fact of the matter is that Singaporeans love personal finance apps. Another example in the personal finance segment is Wally. This is a similar app which allows you to set budgets, financial goals and plans and track their development over a certain period of time.
It has become significantly easier to make sure that you stay well within your budget as taking care of personal finance is pretty much handled by your apps.
Transportation & Logistics
Even though they are practically rather different, both of those are so interconnected that it seemed uncanny to separate them. Logistics handles the overall distribution of the mileage and it attempts to identify the most efficient routes to fulfill certain requirements. Transportation, on the other hand… well, it’s quite self-explanatory.
Now, there are mobile apps working miracles in both industries. When it comes to logistics, one of the popular apps is called, interestingly enough — Logistics. It incorporates a fleet management system, workforce management, customer service, delivery tracking, current location of drivers and others of the kind.
When it comes to transportation, there are mobile apps which offer shuttle and driver services. Uber, for instance, is a shuttle service app which has taken the world by a storm. It provides people with an alternative source of income while, at the same time, delivering a better overall experience for the customer as well.
Wrapping it Up…
It’s obvious that mobile apps have an impact on virtually every industry. Despite the fact that we’ve shortlisted only 6, the same can be said about almost all of the remaining ones and there are evident examples in each.
Whether or not you agree with the categorization of the time that we live in as the one of the digital revolution, mobile apps are here and, by all means, they are here to stay.
With new technologies emerging by the minute, companies in different industries need to keep a keen eye on the opportunities unless they want the wave to pass them by, leaving nothing but leftovers.
