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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
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The Need for APIs in Your Mobile App Business


Sending and receiving information is a major requirement in the mobile app development process. Without creating a flexible and fluent channel to exchange information, the multiple elements cannot connect with each other. And as the major feature and functionalities are increasing over time in the market, social preferences, geo-location, and payment integration are becoming a must-have in a large number of mobile apps. To meet these modern trends, there comes the concept of APIs in mobile app development.

How do mobile apps use APIs?

In the third quarter of 2022, mobile apps and games registered 35 billion downloads. Billions of apps in this number have used APIs. API or Application Programming Interface allows interaction between multiple apps. For example, your preferred food delivery app wants to process your payment. In such cases, it has to connect with your preferred payment mode and send/receive payment-related information. Such a process is made easy through API. Your finance app will offer an API to your food delivery app, and the API will establish the connection between your food delivery app and the finance app.
 
However, for the integration of APIs, you have to hire mobile app developers who are experts at integrating the APIs. When the APIs are not available for a certain process, hiring an API app development company is a common practice.
 
The Programmable Web is one of the world's leading sources of information related to APIs. They have categorized over 22,000 public APIs tracking their versions and updates. According to Cisco, by the year 2023, 29 billion devices will be communicated via APIs. Whenever an API is released, there are three approaches to it: Private, Partner, and Public.

Understanding RESTful APIs

Generally, most of the APIs are REST in nature. REST is an architecture for application programming interfaces. APIs build with REST architecture are representational in state transfer and are capable of; Reading, Updating, Creation, and Deleting data. Big brands like Facebook and Twitter have their RESTful APIs making RESTful one of the most popular architectures in the API world.

What benefits do APIs pack for mobile apps?

According to Google, API-powered digital transformation has been highly trending after COVID. Here are the top benefits of APIs in mobile apps.

1. APIs save development efforts and time 

Imagine building an API from scratch for the app you're building. It will increase the development time frame of an app, and the client will have to wait more than desired to launch the app. With APIs, developers can reduce their efforts and time with the help of feasible analysis for a mobile app. For complex projects where the timeline for launching the product is predefined, APIs are of great use.

2. High level of functionality with minimal coding

The most important part of using APIs in the mobile app is integration. For example, while integrating google maps in an android app, All the code written by Android app developers will be related to integrating the Google Maps APIs. All the features and functionalities offered by Google Maps will be injected into the Android app. This, in turn, delivers a high level of functionalities with a minimal level of coding.

3. Delivering social engagement with ease

APIs in mobile apps deliver a social engagement experience to users with ease. For example, in an entertainment iOS app, iOS app developers have to embed a social sharing feature so that users can directly content to their favorite social media platform. APIs from popular platforms like Facebook, Instagram, and Twitter lets mobile app developers embed social engagement functionality in third-party mobile apps in an easy manner.

4. Logging in with Google, FB, and more

A fast sign-in option has become the need of every user. Users do not want to enter information manually in the login and password fields. APIs from Google, FB, Apple, and more offer click-sign-in functionality to the users.

Final words

Mobile app development companies highly rely on APIs. In the digital world, all the major service provider has launched their RESTful APIs, so that the majority of the third-party apps can embed these service providers in their apps. From saving time and effort to a high level of functionality with minimal coding, APIs offer a lot to developers and users, which is why APIs are a crucial part of every mobile app. 

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