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Unique App Concepts with Billion-Dollar Potential for Entrepreneurs & Startups

The mobile app sector is in a state of amazing growth, with millions of users actively engaging with apps every day. According to Statista, the global revenue from mobile apps is projected to reach an impressive $935.2 billion by 2023, a significant leap from the $581.9 billion recorded in 2020. This phenomenal growth signifies a substantial opportunity for entrepreneurs and startups to develop innovative apps that can address problems, entertain, or enrich users' lives. However, in this potential, what are some groundbreaking app concepts that could potentially transform into billion-dollar enterprises in the future? Let's explore some of these exciting ideas that entrepreneurs and startups should definitely consider: Immersive AR-guided Exploration App Augmented Reality (AR) technology, which overlays digital elements into the real world, has numerous applications across education, gaming, entertainment, and tourism. There will be 1.73 Billion mobile augmented reality (AR) ac

Mobile App Product Discovery - A Key to Building Better Apps


Do you know why mobile apps fail to grab the attention of consumers? The failure of the mobile app is the need for a product discovery phase. With a good concentration on mobile app product discovery, you can increase the chances of your product success to a satisfying level. This article is for you if you want to explore the product discovery phase and increase the chances of your product’s success.

What is product discovery?

The product discovery process analyses problems in the market and determines a product that can solve the issues identified. Users play a crucial role in product discovery since entrepreneurs interact with users to collect as much about a problem through multiple feedback options.

Mobile app product discovery steps

If you research the product discovery phase, you won’t find any exact outline or steps to perform discovery. Yet, we have organized the actions logically for you.

Collect problems

You must research and gather more user feedback if you have already identified a problem. Or, if you are still trying to identify a problem to solve in the market, you can explore the same and collect issues around you. The whole drive is performed to build a product that will solve users’ problems.

Analyze problems

The data is only complete with a proper analysis. Once you have spent a concentrated amount of time collecting user problems, it is time to organize and analyze them. Check what issues already have a solution and eliminate them. Further, also dig into the selected problem to identify its sub-problems.

Product ideation

Product ideation stays a critical element of Mobile app product discovery. The focus is on how a mobile app will solve the analyzed problem. Further, it should solve all the identified subproblems in the main problem. You determine features and functionalities in this step, making a complete structure of your app.

Building a Minimum viable product will be helpful if you are trying to build the structure of your app. There are certain steps to build an MVP of your product. Once you ideate your product, it's time to focus on the testing phase.

Testing the product

A Mobile app development company will help you in this process. You can check your product idea through trial cases, but if you are planning to gather user feedback, you must consult a company. They will build an MVP or Prototype of your app that you can share with users to gather feedback about its working.

You can gather insights about your product’s performance and whether it can solve the identified problems. Gathering feedback and product analytics require some product discovery techniques to follow. You can modify your product anytime if you are still looking for satisfactory results.

Key questions to ask during the Mobile app product discovery

There are some key questions to ask to ensure your product discovery phase is going all right.
1. What are the collected problems?
2. Mobile apps already solve how many problems, and how many are unsolved?
3. What is the scale of the problems from most critical to least critical?
4. How many subproblems does the selected problem need to be covered with the main problem?
5. Does the ideated product solve user problems effectively?

You must ask the above questions for a successful mobile app product discovery. These identified questions act as a check to the process of the new digital product.

Wrapping up

Product discovery sets an organized structure to solve a problem in the product through a product. Sometimes ideas are aligned and attached to personal interests. But, to build a successful idea, mobile app product discovery plays a key role for entrepreneurs. Finally, you also have to research picking up the right mobile app development company to build a prototype of your product. An excellent product prototype will deliver the best user experience to the users, and you can gather discovery insights on a better level.

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