COVID-19 Impact On Mobile App Industry
The deadly coronavirus outbreak has brought the world to a standstill. BBC News reports that COVID-19 has already cost the lives of 200,000 people worldwide. The world economy has turned upside-down. The WTO (World Trade Organization) forecasts a double-digit decline in trade volumes in 2020. Nearly every business is going through a crisis period. However, there has been a substantial hike in the mobile application industry. With more countries implementing restrictive mass quarantines, people stuck at home are resorting to mobile apps for several purposes. In this write-up, we will discuss how the coronavirus pandemic has made a shift in the mobile app development industry.
The deadly coronavirus outbreak has brought the world to a standstill. BBC News reports that COVID-19 has already cost the lives of 200,000 people worldwide. The world economy has turned upside-down. The WTO (World Trade Organization) forecasts a double-digit decline in trade volumes in 2020. Nearly every business is going through a crisis period. However, there has been a substantial hike in the mobile application industry.
With more countries implementing restrictive mass quarantines, people stuck at home are resorting to mobile apps for several purposes. In this write-up, we will discuss how the coronavirus pandemic has made a shift in the mobile app development industry.
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FINAL THOUGHTS
• The coronavirus impact on the mobile application industry brings up some
shocking facts and figures. This has been possible because mobile apps have
completely reshaped our lives. With people maintaining social distance and
quarantines, their smartphones equipped with mobile apps fit the bill. In this
article, we see how some apps like that of the travel and hospitality sectors have
gone downhill. On the contrary, digital learning, video conferencing, gaming,
grocery delivery, and several other apps have recorded their highest downloads
in the past three months.
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