Best Mobile App Business Ideas For 2022

As per Statista’s 2019 study, apps are typically built around 5 popular domains. And therefore, most App Development companies tend to specialize in one of them. Mentioned below are these popular domains and their share in terms of percentage.

• Gaming – 43%
• Music & Entertainment – 12%
• Health & Welfare – 13%
• Social Networking – 15%
• Productivity – 10%
• Others – 7%

According to Statista, the number of apps on Google Play Store has crossed the 3 million mark while that on Apple’s App Store is in excess of 2 million. What is even more astonishing is that every day thousands of apps are being uploaded on both these channels, increasing the reservoir of apps tremendously. It is expected to cross the 8 million mark by the beginning of 2024.

That’s a whopping number!

Some of the mobile and user-related data is simply awe-inspiring and mind-boggling. For example, more than 5 billion people around the world have access to handheld / mobile devices. If that was not impressive, it is believed that half of these are active on social media and other platforms for a variety of reasons. In such a scenario apps play an important role in not only bridging the gap between the product & service providers and end-users but will also play an important role in keeping the growth momentum in top gear.

Mobile App Development – The Duality Syndrome

The only peeve is the duality or repetition of these apps. Startups, technology giants, and businesses tend to offer mobile applications which already exist in the stores. These entities either wrap these applications in a new package or enhance them with a few features. However, their core functions remain the same. The problem is not the app development cost but rather the lack of foresight by these entities to raise the bar of app uniqueness.

In this blog, we will talk about some of the best mobile app business ideas for 2022. So, here we go!

Intelligent Parking App –

Even though there are a few parking apps available in the market, they lack in terms of coverage, authenticity, real-time space allocation, and availability. One of the reasons for this shortcoming is the absence of embedded technologies in vehicles. However, the automobile industry is evolving rapidly in terms of incorporating sensors, processing software, and digital mechanisms which will allow tracking and allocating parking space quicker, easier and error-free. Embedded technologies will help parking apps talk to other networks, process data from another city, and thereby provide seamless service across a broad landscape.

Every android app development company worth its salt knows that the future holds tremendous potential for parking apps especially now that the world is switching to electric vehicles. In fact, several new tech businesses have started providing parking spaces on a daily, weekly, and monthly basis within their dedicated parking zones. It goes without saying that the allocation of spaces happens in real-time. The vehicle owner just needs to download the app and book a parking block on the go. 

Domesticated Animal Social App –

Like humans, pets also look forward to building relationships with their own kind. This is true for both; tamed and untamed animals. In such a scenario, looking for a mate, friend, or social contact for your pet can be quite a hassle. Moreover, introducing an incompatible partner/friend can result in a vicious fight and even injury. Pet animal social app can provide a matching profile depending on various parameters, typically associated with animals.

Mobile App Development Company with impeccable foresight knows that the market has very few apps belonging to this category. Moreover, they also realize that these apps lack in terms of advanced features. One of the strongest contenders for the best mobile app 2022 could be a pet app. Pet lovers and owners would appreciate a dedicated, state of the art, and collaborative social app for their domesticated members.

Banking App –

Alright, the very mention of banking app in this list can raise objections from several readers. And rightly so! They have been around for a long time. So, is this even an idea for the coming year? It is, and the reason is the advancement in various digital technologies. Take for instance the dramatic progress in the fields of AI and ML. Both these technologies can now be fully exploited by app development agencies to build a banking app that makes it almost human-like. The app will make decisions like humans, process data/inputs from the user with a deep understanding of the human psyche, typically learned from processing large amounts of data created over a period of time.

By embedding AI and ML technologies banking apps can reduce back-office manpower, prevent hacks and threats, and also offer personalized service; as if a human was behind these actions. Moreover, banking services can be bundled into one integrated app and let the magic of AI and ML do the rest, effectively, securely.

Special Needs App –

One of the areas where apps and app development entities have made little presence is for people with special needs. This lack of interest by startups and industry bigwigs is because of an unimpressive user base. However, it is a social responsibility of these business entities. Apps that help recognize color, improve the driving experience, make shopping hassle-free, and send medical checkups and medicine reminders can improve the lives of these folks significantly. It may not be commercially viable but it can improve the brand image of the app owner and also contribute towards a society which incidentally is one of the core ethos’ of organizations.

Incorporating AL, Voice Recognition, and Machine Learning technologies in apps for people with special needs can improve their quality of living. With the current Covid situation and its negative medical implications post-pandemic, this domain offers a great opportunity for startups to connect with android app development companies for building complementing app.

My Wish App –

From time immemorial people from across the world have made vows to achieve their targets, goals or simply set a deadline to fulfill their wishes. However, due to lack of motivation, creating reminders, and of course, assorted distractions, 95% of them fail to accomplish what they set out to do. My Wish app can change that dramatically.

Imagine an app that constantly perks up your spirits with motivational quotes, pops up congratulatory, personalized messages on inching in towards your target, and finally rewards you with a gift coupon, a free book, or special discount on a certain product/service on attaining your objective.

My Wish app can also double up as an eCommerce project, offering complimenting services such as healthy proteins, equipment, and subscription to various niche videos. Interested in this idea? Then connect with your nearest mobile app development company.

Investment Tracker App –

Another great idea and a perfect opportunity for 2022 is an investment in the tracker app. Pandemic has thought humans one of the essential lessons of life; saving. A financial corpus is a gateway to tide over bad times. However, adversities rarely occur, and in the meantime, one needs to build this corpus further. This is typically achieved through investment. Now, an intelligent, intuitive app can make a huge difference in tracking various portfolios within a single dedicated window, offering the graphical and numeric performance of all these investments.

Investment tracking apps can be embedded with AI and ML technologies to provide alternative investment strategies in case your current monies are stagnant or offering negative returns. This app can allow users to do away with financial advisers, portfolio managers and at the same time provide quick answers to your overall financial health. Any android app development company or iOS development agency can help you build one.

Electric Bike / Cycle Renting App –

With amazing government subsidies, growing consumer demand, and complete freedom from fuel price fluctuations, electric bikes and cycles are the future of our planet. Building an app that allows companies, individuals, and even manufacturers to offer these vehicles on hire can become an instant hit, especially with folks who do not want the burden of maintenance and initial investment.

Conclusion –

The year 2022 is going to be the year of apps and app development agencies. These discreet, space and memory efficient, secure mobile applications provide a plethora of advantages; to users as well as developers. Moreover, their growing popularity and year-on-year increase in the number of smartphone users across the globe will only see further growth. Are you a startup, an established digital player? Want to build a novel app, maybe a redefining application? Yes! Then connect with Exavibes, a mobile app development company that exploits state-of-the-art technologies. Remember, the future is an app, and apps are our future