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Retail App Development: 7 Expectations to Predict the Future Trajectory

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Retail App Development: 7 Expectations to Predict the Future Trajectory

Currently topping $25 trillion dollars, retail industry- one of the most customer-centric sectors, is undergoing a major technology shift.

While some of the most prominent brands are scaling down their stores and offline presence, eCommerce continues to register double-digit growth and accounts for a significant chunk of the market.

If we watch this shift through the lens of technology, it is evident that the two billion plus smartphones in the world are taking the center stage, sidelining the traditional shoppers and their shopping habits.

Top mobile app development companies are also aware of this fact and are gearing themselves for the next leap of innovation in the retail industry; some of them have already started.

Irrespective of the industry, we can expect a major spike in the number of retail applications which will not only intensify this already competitive market but will also compel the existing applications to push for new innovations if they aspire to retain a dominant position.

From deploying efficient crawlers and algorithms to offering most competitive prices to better management of payment options that prevent cart abandonment, the retail applications will be built to aim that every customer who comes in leaves with purchase and no cart is ever abandoned.

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