Skip to main content

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
Post a Comment

Agritech- How IoT & Mobile Apps are Contributing to The Agriculture Industry?


Users find it comfortable to use mobile apps for their day-to-day activities. The digital age is shifting a range of industries to the online model. The same shift is slowly stepping into the agriculture industry. And this shift is labeled as Agritech-enabling technology in the agriculture sector. 
 
Two major departments are working seamlessly to transform the agriculture industry to enable digitalization. These departments are IoT and Mobile. Let us explore how IoT and mobile apps are contributing to the agriculture sector. But, before that, know what IoT and mobile apps are, with some agriculture market stats. 

Understanding IoT and mobile apps 

The Internet of things and mobile apps work together to deliver a great tech experience to users. For example, smartwatches are a great IoT-related invention. However, it cannot function solely on itself. 
 
When combined with a mobile app, a smartwatch delivers detailed insights. Users can track their past fitness records and much more through smartwatch-related mobile apps. 

Agritech market stats 

  • By 2027, the Agritech market is predicted to reach over $41 million in revenue. 
  • CAGR growth is expected to touch 12%. 
  • The global market revenue in Agritech is valued at more than $17000 Millions. 

How does IoT accelerate Agritech? 

The Internet of things has become a catchphrase in the market. People from agriculture can make use of IoT devices to further make their agriculture processes efficient and effective. 
  • Agriculture sensors: Detailed reports over the resources such as Temperature and soil quality of the specific area. 
  • Water Management: IoT devices can analyze the water requirements in a specific location to suggest the best crops and drive the best irrigation system to the farmers. 
  • Tracking of livestock: Sensors can track the location of livestock, giving ease to the farmers in case livestock animals are lost. 

How do mobile apps accelerate Agritech? 

Mobile apps can be very handy but a strong tool for farmers. Whether it is about connecting with agriculture experts or analyzing the reports produced by IoT sensors, mobile apps are bringing revolution. 
  • UI for tracking: When farmers put IoT sensors on their livestock, they need a device to monitor the location. Mobile apps connect with sensors and give a human UI interface to every user. 
  • Smart AI: Smart AI is highly appreciated in the tech industry. Now, security cameras can detect motions when farmers are not available on their farms. 
  • Online Payments: People in the agriculture sector can attain payment flexibility. 
  • Connecting with experts: With mobile apps, farmers can connect with experts to discuss their agriculture-related issues. 
Businesses must research Top Agritech App Ideas before building their Agritech app. Without proper market research, entrepreneurs will face issues in building a sustainable business. 

Final words 

We are yet a few years away from the digital revolution in the agriculture field. Although technology has started to serve the agriculture field, it has not reached the rural areas completely. In the coming future, we will definitely see agriculture and Agritech together to bring innovations to the agriculture sector.

Labels:

Comments

Post a Comment

Popular posts from this blog

What makes social media app development a successful event?

The force of social media is developing tremendously and fostering a social media application is a hot trend nowadays. With the social media app market blasting with promising circumstances, as a business visionary, you can't pass up on the opportunity to be important for the quickly developing business sector. In 2020 and then some, novel ideas and new freedoms can be formed into splendid social media applications . Furthermore, with the fast development of innovation, you can rapidly change your social application thought into a digital reality. In case you're thinking about how to make a social media application like Facebook or Instagram that can draw in massive clients, continue to peruse this aide. We will give you definite experiences on angles, for example, interpersonal interaction app development, social media application design ,  mobile app development , and more. We should make a plunge! Some Amazing Stats of Social Media Industry: With the force of develop
3 comments
Read more

What are the Top Enterprise Mobile App Development trends to watch out?

Mobile apps have become an indispensable piece of the cutting edge enterprises app development utilizing every one of the benefits the mobile technology has to bring to the table to upgrade and control the business tasks. As the world has needed to change to far off work for the time is the significance of the mobile technology soar turning out to be in a real sense the solitary way for certain organizations to survive through crisis. Discussing enterprise mobile app development and coordination streamline the work of divisions, digital, and accelerate interchanges inside the companies welcoming everyone in total agreement regardless of how large the organization is. Enterprises apps can be internal and external contingent upon their motivation and key users. Internal mobile apps are utilized by employees working remotely to access corporate systems: for example, warehousing and logistics services. We should now consider the major enterprise app development trends and cover a f
3 comments
Read more

How mobile apps are transforming the banking & finance industry?

  Technical enhancements are assuming a fundamental part in all enterprises, on-demand app development , permitting organizations and people to wrap up jobs with a couple of clicks, setting aside time and money. With the high-level methods and client requests, the world has gotten more competitive. FinTech innovations, which have as of late been revamped, are administering financial areas like banks, protection, payments suppliers, etc, as they change the financial biological system and carefully shift the essential course of payment ways. Allow us now to check out the functionalities of Fintech apps and how they work in our lives: Customization With the utilization of innovation, for example, ML and AI, banking and financial applications would now be able to all the more likely understand the objectives and wishes of their clients utilizing certifiable information. Tracking down a way to modify an interest for FinTech administrations dependent on the client's inclinations works
3 comments
Read more