Mobile app a business opportunity

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Information about Mobile app a business opportunity

Published on January 5, 2016

Author: amritlptpl


1. Mobile app – A business opportunity Mobile phones have changed the way we live.Smartphones have become much more than just a trendy technology. If you are a smartphone user, you probably use apps to access maps, use social media, access news, books and more. Mobile fulfills our need for the digital services that we rely on every day. This might include booking a ride with Uber, booking laundry, looking for a doctors appointment. Mobile has quickly moved from being just another way to consume content to a platform that helps us accomplish more all day, every day. We can access almost anything on our phone,like depositing a cheque, accept credit cards, ordering food and paying for groceries or even locking our house doors. Some of these tasks have become easier because of the existence of this new technology. Mobile application development has grown over the years. It has become a good business opportunity for people all around the globe. Everyone wants to come up with ideas to make an app as it generates revenues. By having a mobile app, businesses get placed in the consumer’s pocket and are with them all the time. Adding social share buttons inside the app makes it convenient for people to share any interaction they have with a brand whenever they want. Being with the customer 24/7 is an opportunity businesses shouldn’t pass up. The apps that generate the most amount of revenue are the apps in games section. Mobile phone games have become as complex as the X-box or playstation. A few reasons why people prefer mobile games more are They are cheaper as compared to playstation games. They are easily accessible Available at all times. Even though most of these apps may be free to download does not mean they do are not making money. Most apps make money either through in-app purchases or advertisements.The Estimated revenue generated in 2016 through mobile apps is 58 Billion as compared to 45 Billion in 2015.

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