Today more than ever, more and more startups are in search of app development partners to take their tech ideas to the next level. Studies are showing that startups with a mobile app are valued at over 800% higher than those without apps, offering a breakthrough in the already competitive startup landscape. Globally, nearly 6,000 new startups are launched every hour. However, 90% of these fail within the first 5 years, making app development a fundamental key to beating this statistic.
Mobile app development can be a key differentiator for new business ventures and offer a variety of benefits. First, apps ensure a better user experience with the product and can lead to an increased ROI. App development also can facilitate cost-effective growth and validate business ideas with potential investors. Finally, with the app purchase total being projected to reach over $180 billion by 2027, these platforms can provide an additional source of revenue for many startups.
For those looking to pair their startup or scale-up with an app, there are many app development partners that make it easy to initiate this growth. Apps like Glorify, Imobiliare, and Tenor are just a few examples of successful apps that were born from startups. Garnering millions of active users and total downloads, it is no wonder so many new businesses are turning to mobile apps to grow their ideas.
Source: Tapptitude