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On-Demand Service Apps like Uber, Postmates, Fiver, and more – custom on-demand app development solutions are taking the world by storm. Regardless of the type of industry, you’re operating in, you can get an on-demand app developed for your business easily and quickly.
Since business is getting more and more competitive each day, companies should be equipped with strategies that would help them grow their business and boost revenues, and on-demand apps are a great way to do so.
Today, we will be looking at what on-demand apps are, and what are their developments, cost, benefits, and trends are.
Important on-demand stats
Let’s have a look at some intriguing on-demand numbers before we go into the mechanics of on-demand app solutions:
Stats by Statista show that the worldwide app revenue is going to hit approx. 935 billion US dollars in the next 3 years.
According to Manifest, 50% of millennials open mobile apps on their phones more than 50 times a day.
The U.S. Census Bureau’s American Community Survey the on-demand economy attracts more than 22.4 million users each year.
According to technavio, the on-demand home services industry is expected to increase by $4730.31 billion between 2020 and 2025, with a CAGR of around 70.15 percent.
What are On-demand apps?
On-demands apps are mobile applications that are designed to bridge the gap between businesses and customers. In simple words; they connect consumers with businesses and businesses with consumers.
Through on-demand apps, customers can purchase goods and services from the comfort of their homes, using their mobile phones. These goods/services are usually delivered to the customer’s doorstep within a short time.
Uber, Urban Clap, and my Medicash app are some of the popular on-demand service apps.
How much does it cost to develop an on-demand app?
Creating an on-demand app is a highly variable and complex task. At times, it can cost less than $1500 to build a simple on-demand app, whereas the more advanced ones can cost as much as $70k. Hence, the cost of on-demand app development services depends on the features you require and the on-demand app development company you choose.
Some of the factors that can affect the price of on-demand mobile apps are:
- UI and UX designs
- Platforms and operating systems
- Native vs. hybrid
- App publishing
- Prototyping and design
- Features and functionalities
- Development rates of the agency
On-Demand App Development for Businesses-Benefits and Future
On-demand app development solutions offer multiple benefits for businesses, let’s have a look at some of them:
Suitable for All Types of Businesses
One of the best things about on-demand apps is that they offer a lot of flexibility. Regardless of what industry your business operates in, whether it’s transported, FMCG, health, education, or any other sector, you can get an on-demand app solution made specifically for your service, to make use of the diverse business opportunities these apps can offer.
The market for on-demand apps is growing
The reason why so many businesses are getting on-demand apps developed is that this trend is not going anywhere anytime soon. According to Statista, consumers in the United States spend $57.6 billion every year on-demand is, companies should be on-demand, are worldwide on the on-demand economy to serve 22.4 million users.
Moreover, people of the newer generation are more used to living comfortably. They choose to shop and order services from the comfort of their homes. This is why not only adults but even teenagers and children are making use of on-demand apps nowadays.
Considering the speed at which the on-demand app sector is growing, it’s not difficult to assume that the on-demand market is going to expand in the coming years.
Collect customer data
Customer data holds a lot of significance for businesses. It allows them to create better services, products, and solutions, according to the requirements and preferences of customers.
With the help of on-demand services apps, businesses can collect real-time feedback on their services. This not only helps them cut down the unnecessary time spent on sending out hundreds of emails to customers to cut their feedback but also helps them come up with better strategies to improve their operations and provide better service to customers.
4. Enhance brand awareness
Another great thing about on-demand applications is that they serve as means for information. They make it possible for businesses to promote the right service, to the right customers, at the right time.
Other than this, apps also act as a means of information; which means that customers can view all the information they need to know about your business, through your app. Also, on-demand apps enable businesses to advertise with the help of promos and discounts, without having to spend extra money.
As mentioned above, the future of the on-demand app economy seems bright. Therefore, now is the best time for businesses to get their app developed to grow their business in the coming years.