Top Industry Sectors That Can Drive Profit From Mobile Apps: Perk to Look at!

Top Industry Sectors That Can Drive Profit From Mobile Apps: Perk to Look at!

28th, July 2021
  • Mobile App Development

Introduction:

The revolution in the app development industry has brought various upgrades in the business sectors. An android apps development company has left no tables unturned in creating mobile applications that fulfill most of their daily requirements. Need to buy groceries? There is an android app. Need to pay the electricity bill? There is an android app. Similarly, from a small and simple calculator or an alarm clock to decorating the home with branded furniture or simple messaging applications to the video calling system, there has been a great revolution in the android apps development company.

Due to this revolution, the demand for mobile app developers has also increased to a large extent. One can simply think of a possibility for automation in their daily chores, and that will be on your palms in short notice with the help of the latest app development trends. Be it any industry, a travel agency, an interior décor company, or a restaurant- the android app development is possible for all, bringing the whole of the tasks on your palms, all carried out with a few fingertips.

Whether a large-sized organization or a start-up, the app development companies are now focusing on the point of how mobile apps can help the industry to grow and what the top industry sectors can benefit from mobile apps. Hence, in a nutshell, the modern applications development industry is in a rapid growth phase, and not only this, the other sectors introducing mobile applications for their businesses will also observe an increment in their graph of development.

In the next section, we would be listing some of the industries that can see the maximum benefit of adopting mobile applications for their business and reach out to more customers in less time, with ease of managing their relations.

Top industries that would be benefited from mobile app development:

Top industries that would be benefited from mobile app development

Industries in the world are now finding new tactics for the incremental growth of their brands and hence the profits. In these techie times, the best solution is to introduce a mobile app to reach out to potential customers for the business.

According to some statistical figures, 90% of the businesses that provide the people their required facilities have now opted for mobile apps and have seen incremental growth in their businesses.

With the advancement in social media and other promotional platforms, these mobile apps run businesses successfully and with ease.

This section lets us see the top 8 sectors of the industry that can grow enormously by introducing mobile apps in their businesses.

1. Healthcare:

Since the pandemic, people have become more and more health-conscious and concerned about their weight and stamina. Before the pandemic, they used to visit gyms and other fitness hubs for their regular workouts and health maintenance. However, since everything has been shut down due to the outburst of the virus, people have found new ways for continuing the workouts at home itself, using mobile applications related to fitness and diet.

Healthcare app

There are thousands of fitness apps available on google play that enable their user to track their workouts and provide tips for maintaining their health. Not only the apps for the workouts, but the android apps development company have also now introduced the “doctor on demand’ apps too, through which one can consult anytime and anywhere with specialized doctors.

These apps act as a connecting bridge between the doctors and patients residing at far locations from each other, and commuting to one’s location for a minute issue, might become impossible and tedious.

2. E-commerce applications:

Many success stories and incidents have been recorded from the reputed companies like Amazon, Flipkart, etc., after the launch of their mobile applications on the play store. If we go through the statistical analysis, 78% of the total customers worldwide have opted for the mobile applications of these e-commerce platforms for their online shopping.

Also, the statistics show that the order of the goods placed by the customers is received more from the mobile application as compared to the website application.

The following graph depicts the growth of mobile e-commerce platforms from the year 2016 to 2021 in the US market:

E-commerce applications

3. Applications for the Hospitality industry:

There is a rapid growth seen in the industry of hospitality and restaurants. Now, new outlets are opening in the city day by day, providing home delivery facilities, dine-in, and take away.

To reach out to more people in the city, the restaurants have collaborated with the on-demand food delivery applications to deliver their dishes to their customers’ doorstep. Some restaurants, especially the chained ones, might also have their online food ordering and delivery mobile applications.

Applications for the Hospitality industry

In terms of hospitality, many hotels offer room booking facilities in advance for future visitors, just like the restaurants offering advance table booking online in the mobile application.

As an industry focusing on customer satisfaction and leisure, the hospitality sector has the main focus on improving the customer experience and based on the rates and reviews provided by them, and they can attract more customers.

4. Manufacturing industry:

Mobile applications can help manage the manufacturing process in the company. Technologies like the Internet of Things, Artificial Intelligence, Machine learning, etc., can be implemented in developing these production management apps so that more automation can be introduced in the production process and improve the efficiency of the people involved in that process.

Manufacturing industry

These apps are useful for an effective transformation of the production process based on agile, cost-effective, and employee-centric transformation.

The people involved in the manufacturing process can monitor the raw material, stock the products manufactured and delivered, etc., using these mobile applications.

Not only the management of the manufacturing process, in this pandemic situation, if an employee is located at a remote location, the training of that employee, managing the data and work, etc., can also be managed using mobile applications.

5. Banking and Finance sector:

With advancements in technologies like blockchain and cryptocurrency, the banking and finance sector has seen a drastic rise in its development. The customer data of these financial bodies need to be kept confidential and safe. The data may also contain some of the personal and sensitive details of the customer. This information is managed and passed to the relevant processing units with the help of blockchain technology.

Banking and Finance sector

According to a survey carried out under google analytics, 41% of people use smartphone applications to accomplish their banking and finance-related tasks. Be it getting the account’s status in a bank, or transferring money from one account to another, bill payment, loan request assessment, etc., tasks, an application does it all.

Fintech companies are now offering digital payment modules for their customers using smartphone applications for effective financial management.

6. Retail Business:

This is the business sector that majorly focuses on the convenience of the customer and its satisfaction. Therefore, the mobile apps built for retail businesses play an important role in increasing the development of the business. Due to this, there are a large number of options available for the customers to choose from their desired product.

Retail Business App

As mentioned above, people now prefer online shopping of goods rather than going physically to a market. As a result, various applications like Target, Best Buy, etc., have successfully engaged customers with their advanced features and functionalities.

For instance, many retailers have introduced customer loyalty schemes by providing benefits such as prioritized delivery of products, 24-hour delivery, discounts, prime member subscriptions, etc. As a result, they succeed in attracting more crowds towards their mobile app platform.

7. Tours and Travels industry:

As people are becoming more interested in visiting different places and exploring the world, the traveling industry has benefited a lot due to heavy bookings made by the people for bus, rails or flights. The tourism industry has also taken off due to the increasing number of tourists on the location during a fixed period like festivals, vacations, etc. Hence, if this industry works in coordination with an android apps development company that can bring out the best features in a mobile app, then the industry can see the never seen uphill in the development as people now won’t have to roam around for booking tickets or searching for a guide to assist in the tour. Tours and travels assistant app can handle your whole trip!

8. Real Estate:

It might sound strange, but even the real estate industry has opted for the option of listing the properties and plots on the mobile applications so that the customers located at a far location can also have a virtual tour of the property they are interested in purchasing.Real Estate

This has become possible with the help of the technique called 360-degree view. With the help of this, one can take the image or a video of the whole surrounding, and only with a few flips of the phone, the viewer of that image can take the experience of the scenario as if they are physically visiting the place.

Hence, a lot of the time of the estate agents and the customers can be saved, and especially the time spent commuting to view the property.

Concluding Lines

Apart from these top eight industries, mobile apps have shown their wonders in other fields: viz. education, lifestyle, décor, etc. One of the reasons behind the increasing popularity of mobile apps is our dependency on those apps that has been increasing day by day. Hence, the android apps development company has been working tight to overcome the industry needs and see that almost all the industry sectors can be covered and can benefit from the modern, optimized mobile applications. Performing these applications requires careful execution and android app development company with specialized technical expertise. Do you want to grow your business with a personalized, high-performance, and easy-to-use mobile application? Simply email us at [email protected]