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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EDUCATION APPS
• The education system has undergone a full-scale change in this COVID-19 crisis
with schools, colleges, and other classes suspended for an indefinite time. This
has led to the rise of e-learning and tutor apps in the market. A Statista
report reveals that home education in the USA has increased the education app
downloads by 1087 times between March 2 to 16, 2020. Some of the
estimations point towards the digital learning market worldwide to surpass 243
billion US dollars by 2022. With a fair number of faculties supporting the digital
study culture, homeschooling can be the new norm in the upcoming days. With
the exceptional progress in the mobile app development market, adapting to
remote teaching is as simple as ABC. Google Classroom, edX, Duolingo,
Photomath, and Udemy are some prominent education apps.