Forecasting the Future of Mobile App Development

It’s no secret that mobile app development is growing at an incredible rate and has been doing so for the last five years. Listed below are some hard statistics and predictions about the future of mobile app development.

Mobile App Development

  • In 2012, the global app economy was worth $53 billion, and it is expected to reach $143 billion in 2013, nearly tripling in value in only four years
  • Leading consumer apps are setting high standards for user interface design, and all organizations must master new skills and work with new partners to meet growing user expectations
  • IT organizations will dedicate at least 25% of their software budget to mobile application development, deployment and management by 2017
  • The number of enterprise applications optimized for mobility will quadruple by 2016
  • By 2020, the average affluent household in a mature market will contain several hundred smart objects, including LED lightbulbs, toys, domestic appliances, sports equipment, medical devices and controllable power sockets, to name a few. Most of these domestic smart objects will be able to communicate in some way with an app on a smartphone or tablet
  • Smartphones and tablets will perform many functions, including acting as remote controls, displaying and analyzing information, interfacing with social networks to monitor “things” that can tweet or post, paying for subscription services, ordering replacement consumables, and updating object firmware
  • The smartphone will become the hub of a personal-area network consisting of wearable gadgets such as on-body health care sensors, smart jewelry, smart watches, display devices (like Google Glass), and a variety of sensors embedded in clothes and shoes. These gadgets will communicate with mobile apps to deliver information in new ways and enable a wide range of products and services in areas such as sport, fitness, fashion, hobbies and health care