Over the years, there’s been a steady rise in the number of startups across all industries globally. A startup faces several challenges, and building your brand can be daunting and time-consuming at the same time. So, how are they attaining success in their ventures? Well, the answer is mobile applications. Mobile applications are the game changers for startups across the globe and are becoming a critical factor in ensuring the success of a business. With excellent features and incredible utilities, mobile applications are taking the world by storm. They significantly reduce operational costs and drive more profits and sales for businesses in the modern landscape.
Top app development companies in USA are assisting entrepreneurs worldwide to build astonishing scalable solutions. Now, let’s highlight some staggering statistics to help you understand the growth of mobile apps. As per Statista, in the third quarter of 2022, the total combined Apple App store and Google Playstore app downloads amounted to an estimated 35.3 billion. Also, it is predicted that by the end of this year, 2022, users will spend more than $34 billion on apps via app stores.
It is also recorded that an average smartphone user has about 40 apps installed on their phones. A report by Statista predicts that the total revenue in the app market will reach $430.90 billion in 2022. It is also expected to reach $614.40 billion by 2026 at a CAGR of 9.27% for the forecast period (2022-2026).
These statistics say a lot about the growing app ecosystem. However, if you are still wondering about the necessity of building a mobile app for your startup, we have something more for you.
Is Building a Mobile App Necessary for your Startup
These days owning a website is not enough. The rise of smartphones has transformed the ways consumers interact with various products and services. Mobile applications are the new normal for businesses and act as the best medium to meet consumer demands. However, to truly stand out from the competition, you need to adopt the latest technologies and trends. Mobile app development companies assist new startups to stay at the forefront of disruption to encounter versatile user demands.
Moreover, having your own startup app enables you to enter bigger markets. It can be used for marketing, branding, and retaining customers. Now, let’s understand the role of mobile application development in boosting startups.
Role of Mobile App Development Companies for Start-ups
Partnering with a mobile app development company is the best way to ensure the success of your startup. Below are some factors that describe the importance of mobile app development companies for startup-ups.
Save time and money
Launching a startup may be easy for some, but successfully running the startup requires plenty of strategic and financial planning and many other related processes. By partnering with a mobile app development company, you’ll initially feel a depletion in your funds as you might be spending ample money, which entirely depends on the kind of app you are developing. But, truth be told, you may know that the development team will reward you with an impeccable solution that will facilitate various financial benefits in the future.
Most startups are unaware of the strategies required for guaranteed success as a startup. A mobile app development company knows all the ins and outs of a startup app and implements tactics that ensure a maximum ROI for business growth. They focus on the specified goals and turn them into milestones to track the progress of the business. Also, if you are able to keep the customers satisfied with high-quality, unique experiences, the chances to extend the ROI increase.
On-time and accurate delivery
Top mobile app development companies offer expertise and respond to any query of their clients. Partnering with a mobile app development company eases the process of getting the app on time and accurate delivery of the product. They become the sole identity that manages everything from scratch to product launching. Project managers communicate with both clients and the development team to ensure all the client requirements are followed properly.
Nowadays, most companies work with the Agile methodology that turns out to guarantee on-time and accurate delivery of the developing product. Specific measures like milestone mapping make them accountable and enable them to stay on the right track in the overall process. Also, during any phase of product development, entrepreneurs own the advantage of getting an optimal answer to any problems in one place.
Preparing updated strategy
With the growing competition in the market, chances of experiencing failure rise as launching a startup aren’t easy. Most studies show that over 70% of startups fail due to inexperience and lack of skills within the field. Mobile app development companies offer subject matter experts to ensure your team has complete knowledge of market trends. Hence, they curate real-time resulting strategies to kick-start your business processes while staying unique in the market. They will consider all your requirements and core ideas while pitching their own innovative ideas to remodel them into real-time solutions that offer certainty for growth and success.
A mobile app development company offers professionalism in every process, from reach to deployment and maintenance of the application. Also, they provide input regarding the relevant content and modify them in line with the transforming trends in the digital landscape. Moreover, even after publishing the app, the support and maintenance provided by the development partner will help you measure its performance. However, before partnering with the organization, ask about the post-publishing support they will offer for your startup app.
Marketing is the crucial concept for putting your product or service in front of the right audience. It plays a significant role in improving the merchandise reach. Experts within the app development company analyze and style specific strategies to entice the right consumers. Marketing your product helps you reach target customers and keep your consumers engaged and loyal. They also help you get acquainted with marketing strategies that align with your business objectives.
Experienced mobile app development companies will develop a larger prominence and will help you construct a brand presence for your venture. Once the brand is well established, it drives more sales and ROI. For instance, email marketing, social media, and other outreach programs can be placed to confirm brand awareness even before the launch of your app. Once the app launches, mobile app development partners help you introduce varieties of loyalty programs that help in enhancing app usage.
Increased customer connectivity
The statistics for online sales are increasing substantially as more online stores are making their way into the market. Mobile applications develop better customer connectivity channels to ensure people worldwide can access the store and avail of the best services. Moreover, the customer-centric approach helps carry the business plans for an extended time by focusing on the customers’ growing needs.
Mobile apps are indispensable tools to get your startups off the ground. If you are considering taking your business idea to the next level, startup app development must be your top priority. Mobile apps help your business grow faster by giving you a competitive edge, no matter the scale of your business. Contact and hire the best app development company in India to get expert assistance for unique mobile app development. Before hiring an app development partner, ensure you review the company’s portfolio, client reviews, skill set, location, and other factors defining the genuineness and expertise of the development team.