We, at Orion eSolutions, have a team of Mobile App Development professionals who are experts at creating a mobile application from scratch, which offers creative UI/UX and an intuitive and seamless user experience based on your business needs and requirements.
With over 6 billion smart phone users worldwide (Statista), the mobile app development market shows no sign of slowing down. Internet penetration also plays a significant part in this. Globally, there is 59.9% internet penetration according to Internet World Stats with over 5,168,780,607 internet users as of March 31, 2021. The growing AI, ML, AR and VR markets has also contributed to the mobile app development market’s immense growth. According to Grand View Research,
* In 2019, the global mobile application market was valued at $154.05 Billion. The market is expected to reach a $497.09 Billion growth rate from 2020 to 2024.
* The CAGR exhibited by the industry is expected to be 5% from 2020 to 2027.
The biggest impact is to be seen on applications that deal with mobile gaming, music, entertainment, health and fitness, social networking, retail, and e-commerce. Apple, Google, Microsoft, Amazon, gameloft, Netflix, Practo, Cure, Ubisoft, and Xiaomi are the biggest players in the industry as of now.
Here, we will discuss about the biggest benefits of hiring a mobile app development company. We will look at what the industry is demanding and what technologies are propping up.
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