5 Top Marketplace Development Trends In 2019

The increased growth of technology has revolutionized the field of mobile apps. Recent statistics have shown that the growth rate of mobile development trends has increased by a large extent in the year 2018. But this is not where the story ends! 2019 will also be experiencing unparalleled growth of these trends!

Here is a list of the top 5 marketplace development trends that have eased the user experience through the spearheading technologies. These can help you out to lead the pack and have an edge over your competitors:

• BLOCKCHAIN TECHNOLOGY:

Technology has played a major role when it comes to enhancing the user experience. Blockchain technology has hit the app industry with a bang in the year 2018. Although the technology was launched a few years back, it couldn’t leave a mark in the market before 2018. Many investors have availed huge benefits from using this technology as an aid. An asset to the investors, it provides security to the investors in addition to enjoying transactional transparency and speed. The transactions, being carried out in an encrypted form, allow the businessmen to store database in an authenticated form without compromising the security. The scope of blockchain is expanding rapidly and will continue to expand in the coming years too!

• MACHINE LEARNING AND ARTIFICIAL INTELLIGENCE:

Artificial intelligence has continuously captured the market since its birth. 2019 is also seen as an elevating year for the expansion of AI. It has eased our efforts through its applications and advantages. Its subset of machine learning has also facilitated entrepreneurs in an unparalleled way.  Many products like ALEXA launched by Amazon have given the evidence of the expanding scope of these: machine learning and artificial intelligence. Although many entrepreneurs have benefitted from AI and machine learning, it is predicted that artificial intelligence can dethrone humans from the supreme power!

• ON-DEMAND APPS:

We’ve all become so much tech-savvy that searching for products or services of our demand now seems to be a waste of time! People have now switched from manual shopping to on-demand apps. With the growth of these apps, it’s easy to get all the services and products at the doorstep. Apps like Uber and Zomato have proved that these on-demand apps’ trend will be soaring in the upcoming years!

• INTEGRATION ON WEARABLE OBJECTS:

The best feature that technology has given birth to in the past few years is the integration of apps on smartwatches and wearable objects. The ability to monitor our activities on a smartwatch without the hassles of carrying a phone or tablet is what has set the Integration of apps on wearable objects different from others. Example: Smartwatches introduced in the market have entered the market with a bang as they not only improve the personality but also help in monitoring our heart rate and blood sugar level. So, the integration of apps on these smart watches is an unbeatable development trend.

• Internet Of Things(IoT):

IOT has already made its way in many industries and its growth will continue to accelerate in 2019 too. Allowing data transfer over a network without demanding any human-to-human requirement by allocating different Unique Identifiers(UID’s) to each object is what is known as the Internet of Things. Switching to IOT can help organizations enhance customer services and increase business value. Research has predicted that almost 70% of the industries will resort to IOT in the coming 4-5 years.

So, these are the marketplace development trends that have set the industry on fire and it is expected that 2019 will experience an exponential rise in these technologies.