In the last decade, mobile applications have dramatically transformed the way businesses are conducted around the globe. The ascending demand for mobile apps has fueled the demand for mobile app developers. But why has mobile app technology taken an unimaginative curvature? Let’s find out through the following statistics:

Around 149.3 billion mobile apps were downloaded in 2016 and it is projected to grow up to 352.9 billion by 2021. Mobile apps are currently dominating every business industry by acquiring a lion’s share of revenue generated each year. To support this notion, the mobile app revenue in 206 was 88.3 billion and it will skyrocket by up to 189.9 billion in 2020.

It is certain that every individual and business is rapidly becoming app-savvy. Another study shows that individuals in the US spend more than 9 percent of their time surfing and exploring mobile applications as compared to websites. In fact, each user generally spends 2.3 hours on an average regularly browsing and navigating through different mobile apps.

While all these stats indicate the rapid evolution in the mobile app development industry, let’s consider taking a look at the benefits a custom mobile app development company or independent developers will enjoy.

Faster & Effective Communication:
In the age of digitization, where collaboration and communication among teams operating from remote locations have become imperative, mobile apps serve as a medium to make the communication process smoother. It is one of the prime reasons that several enterprises across the world have embraced third-party or custom-built mobile apps to enable better interaction among employees and stakeholders. Mobile apps have also led to growth in the use of social media networks in many organizations.

Cost-Effectiveness:
Creating budget-friendly mobile apps is another major reason that has contributed to the growing demand for mobile app development. As mobile apps have become ubiquitous and a must-have tool for every business, a huge number of platforms and solutions have emerged to make the process of building mobile apps inexpensive and easier. In fact, a lot of enterprises believe that developing websites is a costlier activity to undertake in comparison to developing mobile applications.

Growing Demand for Enterprise Mobile Apps:
As per Gartner, the demand for enterprise mobile apps has increased in the recent years which has impacted the scenario of current mobile app development growth. With the use of mobile devices and apps constantly soaring up, the surge in need of app developers’ assistance to build enterprise mobile apps is imminent. Enterprise apps have proved to be a robust way digitize your business and achieve a competitive edge over the competitors.

Conclusion
Mobile app development is one of the efficient ways for every enterprise to elevate its success rate. Mobile apps have helped businesses to streamline their internal operations, simplify marketing activities, establish effective channels for internal communication and enhance brand presence. Does your business have a mobile app of its own? Or are you planning to build one? What are the reasons that encouraged you to undertake mobile app development for your business? Tell us about it using the comment section below.

Author's Bio: 

Kaushal Shah manages digital marketing communications for the enterprise technology services provided by Rishabh Software. This article shows how the reasons that can be cited as an evidence to show that demand for the mobile app development is growing.