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Compunnel Digital: Future of Mobile App Development

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From serving our luxury needs in the 1980s to the fundamental ones in 2020, mobile phones have seen a big transformation in the past few decades. Weaved with futuristic applications, emerging technological advancements have resulted in improvements in mobile phones every year. The smartphone industry is at its peak now, and innovative apps have played a crucial role in its success.

Over 40% of the world’s population owns a smartphone today, and it is expected that by the end of 2020, more than 300 million people will jump on the smartphone bandwagon too. The mobile industry will witness an overall revenue generation of over US$581 billion in 2020 itself. Speaking of such figures, 2021 will continue to witness mobile app development with mobile apps experiencing some ground-breaking trends and developments.

Mobile App Development Trends 2021

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Compunnel Digital: Future of Mobile App Development

  1. 1. Artificial Intelligence Blockchain 28% 28% of all US homes could become smart homes by 2021 AI will boost profitability by 38% and generate US$14 Trillion of additional revenue by 2035 38% Cognitive technologies will create 9% of new U.S. jobs by 2025 09% Increase in connected healthcare solutions Employee-experience transformation through smart offices Location data becoming core to convenience Rise of green IoT By 2021, the internet of things and analytics market is expected to be worth US$520 billion There will be 25 billion connected things by 2021 94% of businesses will use IoT by the end of 2021 The blockchain global market size is anticipated to grow from US$3 Billion in 2020 to US$39.7 Billion by 2025 By 2026, the business value that blockchain technology adds will grow to more than US$360 Billion Spending on blockchain solutions across the globe is expected to grow to an estimated US$15.9 Billion by 2023 Internet of Things (IoT) Hyperautomation Reinforcement Learning Growth of Computer Vision Applications Rise of Robots The machine learning market will grow to US$8.81 Billion by 2022 20% of the C-Suite is using machine learning already Amazon’s ship time reduced to 15 minutes after it began to use machine learning Machine Learning The emergence of pragmatic governance models More realistic interconnectivity Validation tools Cryptocurrency wallet application development Wearables The overall wearable technology market is anticipated to reach US$51.60 Billion by 2022 The global end-user spending on wearable devices will be totalled to US$52 Billion in 2020 79% of companies have adopted wearable technology in business and say that it is key to their success Growth of RPA & AI-Driven Automation AIOps & Cybersecurity Personalized AI for Marketing Intelligent smartwatches App elements and features discovery growing relevance Medical wearables ©2020 Compunnel Digital, Inc. All rights reserved MOBILE APP DEVELOPMENT TRENDS 2021

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