The global pandemic has moved economies, but the Impact of Covid19 on Mobile App Industry has been limited. This is one industry that has proven to be extremely resilient.
The pandemic has brutally hit the health and the economic growth of the entire world. The loss that the world has undergone in the past couple of months cannot be undone, and its impact on our lives and businesses will be felt for long.
Our main focus for today – The Impact of Covid19 on Mobile App Industry – Against all odds and like no other sector, the mobile app industry is continuing to flourish. Should you build an app for your business now?
The answer is – certainly! According to Statnews, some social distancing may be needed into 2022 to keep Coronavirus in check. Does that mean you will stay out of business till 2022? Of Course not! The only solution to business continuity is taking it online.
In the new normal, most of us will depend on mobile apps, from purchasing groceries to banking, it’s all going to be through an app!
Impact of Covid19 on Mobile App Industry – Some Stats to Ponder On!
- According to Sensortower, the most downloaded mobile app categories in March 2020 are games, work chats, and entertainment apps.
- More than 3 billion smartphone users across the world are dependent on mobile apps.
- Statistics show that in the US, remote work apps and e-learning apps are the most downloaded app category.
Food for thought – Can molding your dream idea into a mobile app at a time of this pandemic accelerate your business growth while ensuring business continuity?
Impact of Covid19 on Mobile App Industry – Business Apps On-Demand!
Business applications across Google Play and iOS app stores have capped over 62 million downloads in mid-March 2020, which shows that the Impact of Covid19 on Mobile App Industry has been limited.
The business app category has witnessed the highest growth when compared to other app categories.
To put it in perspective, there is a 90 percent surge in business app downloads during the pandemic as compared to app downloads back in 2019. The work from home trend has also prompted companies to purchase premium subscriptions for its users.
Some popular business apps that have seen significant growth in terms of downloads are
- Zoom
- Slack
- Google Meet
Impact of Covid19 on Mobile App Industry – Massive Traffic for the Gaming App Industry!
The Impact of Covid19 on Mobile App Industry – The mobile game industry has witnessed a whooping number in terms of downloads. 22 million downloads, which is a 40 percent surge compared to the average download rates in 2019. Isn’t that intriguing?
Gaming platforms such as WinZo has witnessed a rise of 30 percent in traffic whereas MPL; another gaming platform has seen an increase of 400 percent user count (for World Cricket Championship Games)
The data above has opened the gates and has shown that developing a mobile game in the Corona Times, and the times of Social Distancing is a very viable business opportunity as it has caught the investor’s eyes across continents.
Impact of Covid19 on Mobile App Industry – Groceries Delivering Apps!
In the past couple of months, on-demand grocery delivery applications have seen exponential growth.
According to a stat, Instacart download increased by 216percent. Walmart Grocery and Shipt have seen an increase of 160 and 124 percent, respectively.
Grocery delivery apps are a part of on-demand applications. During this crisis, that has changed the way the world is shopping; these apps are facilitating a trouble-free shopping experience while keeping all the social distancing norms intact.
Impact of Covid19 on Mobile App Industry – Healthcare in Pandemic!
Every single day, the world is witnessing drastic spikes in Covid 19 cases. Considering we are living in the pandemic era, the healthcare sector is one of the most dynamic industries in the world.
At present, the number of people who require healthcare assistance is higher than that the global healthcare infrastructure can withstand.
Here is where telehealth comes into the picture. Telehealth is completely transforming the healthcare sector. Amidst the pandemic, telehealth applications have played a vital role in educating society with fitness tips, advice on covid prevention, and online doctor consultancy from home.
- Patient Access App – A platform where patients can get in touch with their doctors over a video call.
- Orbita COVID-19 – provides easy access to information and questions related to the Coronavirus.
The demand for telehealth applications is on the rise, and the concept is here to stay! Building a telehealth application in times like these is probably one of the best app ideas.
Impact of Covid19 on Mobile App Industry – Social Media and Entertainment Apps!
Social media applications like TikTok and Twitter have witnessed a massive traffic increase in the quarantine period. Not just social media apps, video streaming apps like Netflix and Amazon Prime have also seen a noticeable increase in traffic.
- TikTok – The average time spent on the app during the first week of the pandemic was over 3 billion hours. Can you believe that? This accounts for a 130 percent increase compared to the weekly average in 2019.
- In terms of demand for video streaming apps, there is a massive increase of 405 million hours in the first week of March.
- The overall time spent on social media and video streaming applications in the first week of March increased by 2.5 times compared to the avg weekly time spent in 2019.
What Does This Mean For You?
It would be best if you endured now for a prosperous future. You may ask, what do I mean by that? Don’t wait for the tides to mellow down because to reach success, riding on these perilous rides is crucial. If you have an app idea, now is the time to develop the app and market it.
In times like this, if you manage to ship through the pandemic, you will inevitably emerge as a successful app entrepreneur. People are home, and people are exploring the app store. What do you think, could your app get a million downloads?
Covid19 is not just a health emergency but is also an economic emergency. Several small businesses are struggling to keep up with the pandemic. The current lockdown and slowdown is testing these businesses to the fullest.
Going digital is crucial to make sure your business is on track and survive through the pandemic. It’s a good idea to develop a strategy where you can deliver your product or services without your customers having to come to a store.
With social distancing in place and with the fear of CoronaVirus, there is no way your business can make it without adapting. For starters, create an app for your business. Whether you need a telemedicine app, a grocery app, or a video streaming app, we can help you build the best.
Remember, a mobile app is the first step towards facilitating remote services, and remote services are the need of the hour. Have you got an app idea in mind? Let’s discuss it over a quick call!
Key Takeaways
- The global pandemic has moved economies, but the Impact of Covid19 on Mobile App Industry One industry has been limited and has proven to be extremely resilient.
- According to Statnews, some social distancing may be needed into 2022 to keep Coronavirus in check. Does that mean you will stay out of business till 2022? Of Course not! The only solution to business continuity is taking it online.
- The average time spent on the app during the first week of the pandemic was over 3 billion hours.
- The overall time spent on social media and video streaming applications in the first week of March increased by 2.5 times compared to the avg weekly time spent in 2019.
- Going digital is crucial to make sure your business is on track and survive through the pandemic. It’s a good idea to develop a strategy where you can deliver your product or services without your customers having to come to a store.