In 2023, the mobile app market was valued at 228.98 billion dollars. Industry professionals estimate that the mobile app market will grow at a yearly growth rate (CAGR) of 14.3% from 2024 to 2030.
As the market expands, mobile app developers seek emerging trends and new strategies to improve their apps and users’ experience. This article will review the top mobile app development trends in 2024.
5G
Governments worldwide keep ramping up the implementation of 5G infrastructure, so 2024 will boost the adaptation of 5G technology, providing faster speeds and minimizing data transfer latency.
This means that mobile applications can withstand heavy data-intensive tasks without much delay. For example, real-time streaming, virtual or augmented reality, and instant Internet of Things (IoT) connectivity.
Innovative App Monetization
The past few years have seen a rise in people annoyed by near-constant advertisements within their favorite apps. And while advertisement is one of the most popular ways to monetize an app, developers must figure out how to balance money with customer satisfaction.
One way to do that is through software development kits (SDKs) such as the one by Honeygain. If app developers integrate this Honeygain SDK, they can monetize their apps without ads and disrupting users’ in-app activity.
Wearable Mobile App Development
GlobalNewswire estimates that the wearable technology market will grow to 380.5 billion dollars by 2028. From smartwatches that track your heart rate and physical motion to ones that can act as cellular devices, we will continue to see progress in the wearable mobile app development market.
Industry experts anticipate a boost in wearable mobile app development companies focusing on providing increased user usability experiences.
Artificial Intelligence and Machine Learning
While neither artificial intelligence nor machine learning are anything new in 2023, their range of use is expected to broaden in 2024. After large language models (LLM) became available to regular consumers through platforms like ChatGPT and Midjourney, they’re now waiting for more ways to use them daily.
From voice assistants to innovative chatbots, you’ll see growing mobile applications around AI-generated images, speech, and editing software to introduce effects in audio, video, photos, and many more applications.
Cloud-based App Development
Cloud-based mobile apps are used regularly nowadays. The most significant benefit of such apps is that the data is always synchronized with the devices on which the app is used. Examples of such apps include banking apps, messaging apps, and innovative cloud storage applications, such as iCloud or the Google Cloud Platform.
The trend of cloud-based app development shows no signs of stopping as the implementation of cloud-based apps and cloud-native development is set to boost in the upcoming years.
On-Demand Mobile Apps
As the digital world becomes a more pivotal part of everyone’s lives, everyone wants to provide their services directly to the hands and devices of end-consumers. Thus, with this increased availability of online ordering services, it’s fair to expect a rise in on-demand mobile applications like Uber, Fiverr, and Doordash.
As a result, many marketplace-style services allow the user to list their business, and their consumer can go into the marketplace mobile app and shop for services they require.
Voice Feature
Most people have heard of Apple’s Siri, Google’s Classic Assistant, or Amazon’s Alexa; they may even have one in their homes. Thus, we will see an increase in AI-enabled audible chat assistants that take human speech as input and quickly respond based on natural language processing (NLP) models.
Voice features like this go hand in hand with accessibility, as many visually impaired people will be able to interact with apps through speech, whether that’s a text-to-voice option or an ability to fill out information by talking instead of typing.
Dark Mode and Gradients
Continuing the topic of accessibility, we will probably continue to see the trend for dark mode and gradients in smartphone apps in 2024. The dark mode design feels modern but offers some realistic benefits, like reducing eye strain
The mobile app development industry is here to stay. The biggest mobile application development companies are already implementing all these trends and providing them as client services. If any small businesses have ambitions to launch quickly in the mobile environment, they must be on the lookout for these trends and can involve them in their action plans.
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