Uploaded on Jan 20, 2020
Enterprise mobility is a hot button topic for businesses going into 2020. The truth of the matter is, having a mobile presence has become imperative to survival. As mobility continues to redefine how industries operate, traditional enterprises need to be conscious of the fact that they are no longer just in competition with each other, but with mobile-first companies that have captured the attention of an increasingly mobile society. Check out this complete presentation if you want Stats For Mobile App Growth & Success In 2020.
Stats For Mobile App Growth & Success In 2020
Stats For
Mobile App
Growth &
Success In
2020
Contents
● Mobile Usage
● Mobile Performance
● Mobile Marketing
● Trends by Vertical
● Predictions for 2020 and Beyond
● Key Takeaways
Enterprise mobility is a hot button topic for
businesses going into 2020. The truth of the
matter is, having a mobile presence has become
imperative to survival. As mobility continues to
redefine how industries operate, traditional
enterprises need to be conscious of the fact that
they are no longer just in competition with each
other, but with mobile-first companies that have
captured the attention of an increasingly mobile
society.
Mobile Usage
As the number of app downloads, mobile users, and
mobile devices worldwide are projected to
substantially increase well past 2020, it’s clear how
integral mobility is to our society.
By 2021, there By 2022 annual
will be roughly 7 mobile app downloads are
billion mobile projected to reach
users worldwide. 258 billion.
That’s a 45% increase from 178 billion downloads in
2017.
By 2022 app In 2019, the
store consumer average US adult spent
spending is projected 3 h 43 min a day
to increase by 92% on a mobile device.
to $157 billion
worldwide.
Generation Z (ages
79% of users abandon 16-24) spends
a product after only one 20% more time and
day of use. engages with their
most-used apps 30%
more often than the
rest of the population.
Mobile apps account for 57% of
all digital media usage.
Mobile
Performance
When it comes to mobile, users have exceptionally high
standards for functionality and performance. It’s
mandatory to adapt digital content to translate
seamlessly across varying screen sizes and multiple
devices.
Any mobile enterprise app needs to be thoroughly
tested. Performance factors like load times, product
crashes, and complicated registration fields all add
up to poor user experience and can ruin your
chances of market success.
App crashes cause 44% of in-app
71% of uninstalls defects are found
by the user
67% of bugs 47% of apps
are reported on need more time for
iOS devices testing
58% of users are
frustrated by
interface 29% off userrs wiillll
inconsistencies
iimmediiattelly
abandon an app iiff
52% of users are tthey don’’tt fifind iitt
frustrated by valluablle
overall app
performance
Mobile
Marketing
Achieving momentum in the
mobile app development market is difficult for
even the most established enterprises. Drafting a
thorough mobile marketing plan is the cornerstone
for continuous growth and success for an already
existing or new product. The marketing
component of your overall development process is
ongoing and requires constant maintenance.
●78% of location-based mobile searches result in an
offline purchase.
● Only 54% of marketers say they currently use a
mobile app platform to market to their prospects and
customers.
● The cost to acquire a user has decreased by
29.9% year over year to $2.89.
● The cost to acquire a user who completes a
registration form was $4.58 in 2018, which is a
decrease of 44.2%.
● Leveraging a multi-channel engagement strategy
proves to be a powerful retention method with
retention rates being 62% higher than apps that
only engage users with one channel.
● The most popular form of app store optimization
(ASO) came in the form of description updates at
46%.
Predictions for 2020 and
Beyond
● Global mobile app revenue is projected to generate
$582 billion U.S. dollars through paid downloads and
in-app advertising in 2020.
● Nearly 100 million smartphone users will be using
voice assistants in 2020.
● The number of users viewing video content on a mobile
device in the United States is projected to reach 179
million in 2020.
● By 2021 in-app advertising spend is predicted to
triple and reach $201 billion U.S. dollars.
● By 2021 mobile users are predicted to spend
roughly 47 minutes daily on social network
apps.
● In 2020 global mobile gaming is expected to
represent 57% of the market share and currently
accounts for 51% of the global revenue in the
gaming industry.
THANK YOU!!
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