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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VIDEO CONFERENCING APPS
• Amid the social distancing and lockdown scene, video conferencing apps are
playing a crucial role. These apps have been instrumental in conducting business
globally. Apps like Skype Meet Now, Hangouts Meet, Microsoft Team, Go To
Meeting, and Cisco Webex Meetings are easing the work from home culture.
• Well, video conferencing apps are not limited to business uses. People are
extensively using these apps to stay connected with their loved ones. The best
example is the Houseparty app. App Annie data quoted in the Financial
Times shows that Houseparty was downloaded 2 million times in a week’s time in
March 2020 – that’s huge!
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