Everyone is carrying a smartphone today. Can there be a better way to bring your business to their palms? Read about the trending app ideas to make more money this year or even in the coming years.
Mobile devices have transformed our way of living. Applications are making us more efficient and fluent in finishing tasks. They offer so many services including communication, business, finances, healthcare, and even more. This means that the mobile app market is a very profitable place for businesses to earn more money.
2020 has been a revolutionary year for this mobile app market. Businesses launched or even updated their mobile application with new and advanced technologies like ML, AI, and many more. Here is a curated list of 10 trending app ideas for your business to earn more money.
According to research, in 2021, 54.8% of the www traffic came from mobile devices. Mobile on-demand apps, in particular, are on the rise. Why? Simply put, demand is soaring. When users desire something, they demand it immediately. As a result, mobile apps cater to a population that wants everything they need at their fingertips at all times.
Let’s take a look at the type of applications that are high in demand in 2022 and can be one of the trending app ideas.
1.Social Media Applications
If you have one application on your phone, it is probably a social media app. In January 2021, Facebook was leading the social media market with more than 2.7 billion active users in a month. However, we’d be negligent if we didn’t mention TikTok, which increased its user base in the United States by 85.3% in the last year.
Also, view – How Much Does it Cost to Build an App Like TikTok?
We get what you’re thinking: what about all the individuals who use social media on their computers? According to studies, 99% of social media users access these networks, with 78% exclusively using their phones. To put it another way, using social media and using apps are closely intertwined.
2.Food Delivery Application
We all had gone through the times when we didn’t want to cook or go to the grocery store, so we just Doordashed it! The food delivery market has been growing continuously and the pandemic gave this growth a push. According to MarketWatch, Doordash, GrubHub, UberEats, and Postmates, in combination generated $5.5 billion in revenue.
Food delivery apps are giving restaurants a run for their money by making it easier for individuals to receive the meals they desire. Even though there are additional costs and delivery fees, hungry customers are eager to spend the extra money to have it brought to their door. Apps like these aren’t going away anytime soon. They’re most likely here to stay — for good.
Previously, outside transit options were limited to taxis and buses. We now have new options thanks to on-demand mobile apps like Uber and Lyft. With the on-demand service, you can have your driver appear at your place and transport you to your destination in only a few taps of your smartphone, all for a reasonable charge.
Also, view – How Much Does it Cost to Build an App Like Uber?
One should not underestimate the popularity of these taxi applications. According to research, Uber has gained approximately 90 million active monthly users. And, except for a brief dip during the pandemic’s shutdown, ride-sharing applications have been steadily growing.
Mobile health, aka mHealth businesses, is growing rapidly. For childcare, diagnostics, home care, and data storage, users are increasingly turning to smartphone apps. Mental health applications, maternal care, chronic disease management, medical calculators, and educational/informational resources are among the most popular types of mHealth apps.
Patients aren’t the only ones who use the system; medical professionals are also among the users. mHealth apps, according to 40% of doctors, have the potential to reduce in-office visits. 93% of doctors believe that these apps can help their patients’ health. In addition, 74% of hospitals that employ mHealth apps to collect patient data report that they are more efficient.
You’re not alone if you’ve been pulled into mindless gaming applications for hours on end. Games account for nearly a quarter of all downloaded apps (21% for Android and 25% for iOS), and games account for 43% of all smartphone users. The number of gamers continues to rise, and by 2020, there will be over a million.
Fantasy sports apps are apps that allow users to play various types of games over the internet. Participants can create fictitious or virtual teams of real athletes in a sport using these apps. These virtual teams compete based on the statistical performance of all players who have participated in real-world games.
In Canada and the United States alone, there are about 59.3 million fantasy sports subscribers. Back in 1988, the number of people who attended was only 5,00,000. You can imagine how popular it is now. According to research by Technavio Analysis, fantasy sports are predicted to reach $9.34 billion by the end of 2024.
Some of the popular fantasy sports applications are:
Digital technologies have firmly established themselves in practically every aspect of our life. The benefits of healthcare mobile app development – the applications help monitor the state of one’s health and make the work of medical practitioners and doctors easier – have resulted in a plethora of mobile healthcare apps on the market.
According to GlobalViewResearch, the global mHealth app market is expected to increase at a CAGR of 11.8% between 2022 and 2030.
Some of the popular healthcare applications are:
Check out how we developed Cure – a healthcare application!
3.Alcohol delivery app
Liquor shops can use an alcohol delivery app to provide an eCommerce platform. Users can browse among a variety of liquors, including whiskey, vodka, beer, gin, wine, and more, with this app. After selecting the appropriate variety and brand of liquor, the buyer can quickly schedule the delivery of his order. The retailer can either handle the delivery himself or employ a third-party delivery service to handle everything.
In 2017, the global alcoholic beverage market was worth $1,439 billion. And by 2025, this is expected to reach $1,684 billion, indicating a CGAR of 2.0 percent between 2018 and 2025.
Some popular alcohol delivery applications are:
4.Stock Trading app
Stock trading applications allow busy investors to keep track of how their portfolios are performing. They readily agree to become paying members of the app in exchange for this convenience. Overall, when it comes to stock trading app development, there is a lot of room for profit in terms of both money and fame.
In 2021, the trading industry is likely to invest more money in trading platform development than it has in the past. According to Statista, the New York Stock Market will be the world’s largest stock exchange at the start of 2021. (NYSE). It has a market capitalization of more than US$25 trillion in equity.
Some popular stock trading applications are:
One of the benefits of globalization is the ability to travel. Travel apps have exploded in popularity as borders have opened up and more people have access to travel. The travel app category can accommodate a wide range of mobile app concepts. Some will be useful not only to tourists but also to locals.
According to Statista, the travel and tourism business was worth more than 7.6 trillion dollars in 2016. The travel and tourism business, as well as bookings, was valued at $1.6 trillion in 2017. Almost every year, the tourism industry grows at a constant rate all over the world. By 2030, it is estimated that this industry would have grown to 1.8 billion people.
Some popular travel applications are:
6.Artificial Intelligence – Powered Chatbots
Chatbots assist businesses in interacting with their customers. They respond faster than people, are never weary or frustrated, and are unaffected by weather or poor moods. Chatbots that use machine learning can learn to grasp consumers’ preferences almost as well as human consultants. This can improve the user’s interaction with a brand.
According to Juniper Research, the chatbot market is expected to grow to more than $110 billion by 2023.
Some of the popular chatbot applications are:
7.On-demand delivery app
People now have access to a wide range of professional services and items via on-demand delivery apps, which are available 24×7. Food, clothing, maids, and dog walkers are all available with a single click. Furthermore, user penetration of on-demand delivery applications has reached 9.5%, and expenditure on these apps is increasing across a variety of businesses. Isn’t it inspiring?
Platform-to-consumer delivery revenue is now $70,741 million, according to Statista.com. Experts predicted an annual increase of 8.2% even before the coronavirus.
Some popular on-demand delivery applications are:
8.Cryptocurrency Exchange Apps
With so many fans and supporters, blockchain applications, are scaling heights in popularity. It has become such a buzz that even a regular corporation changing its business model and name to capitalize on the blockchain craze is witnessing increased revenue.
By 2023, the entire cryptocurrency business is anticipated to be worth $23.3 billion. The blockchain market was only worth $1.2 billion in 2018, according to bitcoin market size projections. The value had climbed to $2.2 billion by the end of 2019. It is projected to keep growing at a breakneck speed.
Some popular cryptocurrency exchange applications are:
In recent years, the use of blockchain has grown. It’s no longer just about cryptocurrencies. For the financial sector, smart contracts, and databases, the blockchain is the best thing since sliced bread. Blockchain-based apps can be your passport to success if you have any dealings with banks, government agencies, or huge enterprises.
Between 2022 and 2030, the global blockchain industry will be worth $1434.54 billion, expanding at a CAGR of nearly 85.9%.
Some popular blockchain-based applications are:
Every year, more and more devices in our homes become internet-connected. The advantages are indisputable. Appliances with the Internet of Things capabilities
The number of IoT-enabled gadgets is predicted to reach 75 billion by 2025, according to Statista. For years to come, innovative mobile app ideas for the Internet of Things will gain in popularity.
At Apptunix, we begin working on your product at any stage be it from an idea or rebranding an existing one. We listen to your business requirements and contribute our expertise accordingly.
We can assist you with developing apps, even if all you have is a concept. Our business analysts can assist with research and planning, as well as defining your target audience and providing platform recommendations. As an added service, we do a competitive study and assist with the preparation of a technology business strategy.
If you wish to build an MVP to test your idea, we’ll advise elements to focus on first to decrease time to market, as well as more complicated features to attract more consumers afterward.
Looking at the trending app ideas, we aim to bring yours to reality.
This concludes our list of trending app ideas that were popular in 2022 and are likely to be popular in the years ahead. Of course, this isn’t an exhaustive list; it’s more of a guess. You’ll need to conduct market research and analysis to determine whether each notion — present or absent here — will work.
However, if you want to make an app but aren’t sure what kind to make, this list can help you get started. You can contact us for a consultation if you have any questions.
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