Mobile apps have become an integral part of our lives even if we deny it or accept it. From a business perspective, mobile apps offer two exclusive advantages. The first benefit is that it provides businesses with an opportunity to increase their revenue streams. The second one is creating convenient experiences at their fingertips' comfort. And even beyond that! But how can they achieve it? By understanding their customer's preferences on a deeper level.
With over 8 million mobile apps available in the app market, one thing is for sure! You need a technology that can cater to the ever-transforming evolving customer needs. AI infused technology in mobile apps brings forth the possibilities for businesses to understand their ideal customers by developing breakthrough products and services.
Don’t believe us! Let the statistics do all the talking!
AI fresh statistics
AI advancements will uplift every aspect of your mobile app development. In this blog, We will be shedding some light on the advancements of AI and its subset technologies with the future prospects. The stats reveal the promising future of AI in mobile app development. This undeniably will prove the bright future for all AI app development companies.
AI is a disruptive force in the tech domain. Let us get an overview of AI statistics with the elevated AI advancements.
- In 2020, giants like Google, Amazon, Microsoft and Facebook took over 13 AI startups. This is a major technological shift in the software industry.
- An estimated amount of 83% of organizations plan to use Artificial intelligence in their mobile applications and streamline their business process.
- According to gartner CEO and senior executives, there is an imperative need for intelligent applications in the business domain.
- AI is gonna be a disruptive force in the market. A latest forbes survey claims that a significant 64% believes that AI has the power to transform their business operations
- According to recent statista reports, an AI mobile app called LensaAI got 19.3 million downloads across the globe the year 2023.
- AI integrations into mobile applications opens up a pool of benefits that makes mobile apps highly intelligent and intuitive.
The anticipated growth of AI market size is likely to cross 1,591 Billion Dollars by the end of 2030. That’s like a whopping number!
Let’s dive in to get an overview of the AI technology integrations in mobile application development. This is one of the most popular mobile app trends of 2024. It’s time to unleash the top mobile app categories of AI into mobile app development.
AI is here to dominate the top mobile App categories - Here’s how.
From the above mentioned stats, one thing is crystal clear. AI is all set to dominate top mobile app categories. Right from streamlining marketing strategies to taking smarter data-driven futuristic moves for business. AI has a power-packed ability to address critical challenges. And the way out to unlock greater business -efficiency! It is time to delve deeper into it.
1. AI integrations in Food delivery apps
Food delivery app management is a tedious task. You need to constantly cater to changing user wants and do so more efficiently and accurately. AI-powered on-demand apps have the potential to streamline every complexity involved in the food delivery app management.
From route optimization to automated recommendations, AI can optimize every facet of food delivery apps. Let's delve into how AI technology can make your food delivery app a highly intelligent and intuitive one!
Automated Personalized recommendations
Personalization is the key in today’s world. Delivering hyper-personalized solutions is an optimal way to serve your user with their unique preferences. By adding personalized automated recommendations businesses can literally bridge the gap between the overall time in which an order is delivered. Beyond making your business highly efficient, it creates a win-win situation as it gives the customers what they are looking for. The outcome is quite a time and energy efficient move!
Rather than overwhelming the users, AI -enabled apps empower them with the right suggestions that match their overall criteria. For instance, AI analyzes the time, the weather and location to suggest the best meals exclusively for you!
Optimized demand-supply dynamics with predictive analytics
The advanced AI/ML algorithms analyze the user record history, learn and adapt the choices that better serve them. The AI- enabled apps are highly intelligent systems that collect the slightest of user-data and analyze them thoroughly.
Based on the customer preferences, it filters out several criteria such as the time of delivery, optimize the routes and ensure timely delivery. For instance, depending upon the factors like weather conditions, distance, time of the day AI allows restaurants to adjust their prices accordingly.
Processing voice commands through NLP
Natural language processing technology facilitates the systems in comprehending the human language with the context by processing voice queries. It allows the food delivery app restaurant owner to understand the context of the human conversation. For instance, if a user says I want to eat a salad that doesn’t have peanuts in it. The NLP processes the information and generates a response that is more conversational and human-like.. It optimizes your voice search queries and commands and understands the context based on your past conversations.
2. AI powered Fintech apps
Financial apps have faced several security vulnerabilities and threats leading to data breach incidents. Now this can have some serious repercussions on the banking sector.
AI-powered software delivers enhanced security management and exceptional risk management capabilities when it comes to making accurate trading decisions. The AI infused technology can automate the complex manual processes in your banking apps ensuring better security parameters.
Automate financial processes
Better services are the need of the hour. At least for financial companies they are a non-negotiable part. AI advancements in fintech have the ability to streamline operations, automate the daily tasks so the customers can enjoy a hassle-free experience. Imagine AI like your personalized assistant that makes your life easier.
How about streamlining your budget expenses and extract crucial transaction data from the past records? The AI agent does it all, saving you a lot of time. Right from resolving your complex queries to optimizing your budget, AI automates it all.
Reinforced security parameters
Any threat detection or anomalies first enters the system through the user validation. AI-powered cybersecurity systems act immediately upon this. This allows the to detect any fraudulent activities in real-time It alerts the users with any violation or data breach much prior to its execution. This helps the financial organizations ensure trust in the customers.
Moreover, the subset technologies of AI like facial recognition, biometric authentication surpasses the traditional way of authentics using email ID and passwords. These technologies ensure that only authorized users have access to the system.
3. AI in Healthcare apps - a synergetic move
Post the covid crisis, everyone realized the importance of effective and immediate patient treatment. Healthcare apps can benefit the masses by resolving their health conditions quickly and efficiently. It allows the medical practitioners with accurate stats to facilitate faster decision making or disease detection.
AI -based healthcare applications like noom, buoy and the telemedicine apps assist and to the patient's symptoms. Based on its vast amount of data, it can analyze the patient’s condition to recommend the medicine prescription with the symptom checker. This can assist the patients and healthcare practitioners to get personalized treatments under critical situations. It can assist them to get time medical reports for the following:
- Disease analysis.
- On-time patient treatments.
- Online doctor appointments.
- Accurate precautionary measures.
Both medical professionals and patients can leverage AI-infused healthcare apps. This allows timely detection of medical conditions in the form of accurate treatments and medicine prescriptions. This is crucial for the medical and healthcare industry due to its capability to prevent any health hazard.
4. AI magic in empowering Ecommerce apps
Imagine having a personal stylist recommending you the exact products that you're looking for. That's an AI powered ecommerce app in action! For ecommerce applications, it provides brands the opportunity to learn more about their customers and predict market trends. AI adds a whole new layer of depth in comprehending their customers and their choices deeply.
Thanks to predictive analytics and machine learning, e-commerce is a friction-free experience for customers. So much so that brands exactly know the products that they are eyeing on. Hence, they bring those products to the nearest warehouses so they can be delivered as soon as you place an order.
Let’s check AI in action moves for the ecommerce sector:
Virtual chat bots allow people to make their overall shopping experience a pleasant one. Virtual agents recommend products according to current custom needs.Moreover they offer 42/7 assistance to resolve all kinds of queries at the earliest.
Using ML and predictive, they analyze the competitor’s pricing points and set unique and comfortable prices for their customers. It forecasts future predictions that saves businesses from out of stock scenarios and setting the right pricing points.
5. AI domination in the Social media apps
Social media apps are like a data goldmine where users connect, interact with users. These providers are a great opportunity for brands to connect to the users and get deep insights about them. It provides a solid platform for customers to learn more about the future market trends.
With the AI algorithms, brands can connect with ideal ue\sers and revamping their strategies to improvise their services and products. Businesses can simplify their marketing campaigns for a better RoI. For users, it can create highly personalized experiences in the digital landscape.
Leveraging AI in social media brings forth the convergence in personalization, productivity and enhanced decision making in the media media apps. It assists in content creation, content discovery and improvising search results over a period of time.
Sentiment analysis - AI analyzes the sentiments and the context behind the social media posts. By analysis the emotions allow brands to understand what a particular user thinks about a brand or situation. For example, twitter and facebook leverages sentiment analysis by understand customer choices. Based on their unique choices they run their targeted advertising campaigns.
Virtual chatbots are all set to interact with the users resolving their query at the earliest. For instance, Apps like twitter and Instagram leverages advanced AI algorithms to keep a tab on controversial topics and hashtags. This allows brands to create their laser-precise content that deeply resonates with their target audience.
Make a futuristic move with AI
AI integration into mobile apps is one key mobile app trend that streamlines every aspect of business of all niches. With AI, you can transform your simple app into a smart, futuristic and intelligent software that helps you stay ahead of the curve.
If you want to make your mobile app a futuristic one, AI is undeniably your shining armor at your rescue. All you need to do is invest in the best AI development company. Our AI development services surpass the technical complexities in the development process and streamlines every facet of your business.
Whether it's streamlining your daily operations, facilitating marketing strategies or making future data- decisions, AI is your warrior making smarter business moves for you! Connect with our team of AI developers and build an intelligent app that sustains ever-evolving market dynamics.
