Vital stats you should know for mobile app development (Infographic)

These days, app stores for Android & iOS apps are really big – and it’s getting bigger every day. If you are in – good for you, but if not? Developing a mobile app might be the number one priority to think about. Competition is growing among all industries, and you definitely don’t want them to take over your services or products.

A billion smartphones will be sold by the end of 2015. Think about it. How big your target audience can grow. That’s twice the number of PCs sold. And we expect over 10 billion mobile internet devices in use by 2016.

Nowadays, trending mobile app development is focused on the following:

• Social networking mobile app – The fastest growing and most demanded apps among user;
• Context marketing that is improving user experience through mobile app frontend usage;
• Location-based services. A multi-billion niche for mobile app markets;
• Mobile search for e-commerce – makes consumer experience easier while looking for products or comparing prices between vendors;
• Standalone and moving objects recognition. Focus on mobile apps with sensor and processing capabilities;
• And finally – Mobile payment systems – a booming demand as NFC is getting more popular around the globe. According to a study, nearby 1 in 5 mobile phones will have Near Field Communications (NFC) on board.

These are great mobile trends not only for customers, but for mobile app development companies too as even job growth of mobile app developers by this time hits 131% and continues to grow. According to statistics, 46% of mobile app users paid for their apps and we expect that number to be over 268 billion downloads by the end of 2016. Generating $77 billion revenue for mobile app developers and business owners.

For better industry understanding just have a look at this infographic, generated by the University of Alabama at Birmingham’s online masters in management information systems, covering mobile applications in use, apps revenue, apps popularity, mobile application trends and mobile app developer salary.