How the Internet of Things Is Transforming the World of Mobile App Development Share: XongoLab Technologies Date Published 24 May 2023 Categories Blog Reading Time 6-Minute Read A snapshot of how the Internet of Things is transforming the world of mobile app development, enabling businesses to boost their efficiency and achieve more results. Around the world, businesses prefer the use of innovative technologies so that they can create intuitive experiences for their customers. This is where the Internet of Things (IoT) takes center stage. The IoT is known for making real-time data transmission a reality by enabling users to fetch information from connected devices. This allows them make informed business decisions. Because of this, technology is slowly integrated across industry verticals like retail, agriculture, and mobile app development. If we consider stats, then according to Statista, the number of IoT-connected devices globally will amount to 30.9 billion units by 2025. These valuations are enough to provide testimony of the overall beneficial scope of IoT solutions. If such technology can be integrated with mobile app development, then the future of business will be bright. Do you want to find out how this will become possible? Read this article to gain a better perspective on the matter. Introducing the IoT The IoT is a network of connected devices that enables seamless and flawless communication between such devices and the cloud or between the devices themselves. Using mediums like a cellular, WiFi, Bluetooth or other network, connection takes place swiftly. Elements in the IoT The IoT focuses on achieving seamless communication to boost efficiency. This is achieved through the following elements. Smart devices and sensors to enable seamless data collection and transmission. A gateway to manage two-way data traffic, translate different network protocols and enable interoperability. The cloud for the collection, processing, management, and storage of data in real-time to enable the making of critical decisions. Analytics for smooth analog data conversion to ensure that businesses get better insights on how to perform better. The Popularity of the IoT The IoT is known for the support it provides to businesses to enable effective connections so that they can boost their productivity and stand out in the market. This has helped it to earn considerable value. Check out these facts and figures to gain a better perspective on the matter. The IoT market had a value of $6.91 billion in 2021. Growth in revenue in the market is projected to occur at a CAGR of 11.9% between 2022 to 2029. The IoT market will generate profits of $3532.97 billion by 2030. In 2023, the market will earn around $318 billion at a CAGR of 20%. How the IoT Is Transforming the World of Mobile App Development The IoT has brought about a revolution in how different industries operate. It has also enhanced the way mobile app development gets done. This has led to better quality solutions for customers. Open-Source Development IoT integration during mobile app development facilitates the process of sharing programs digitally. It also helps developers maintain a sense of transparency during the development process, which helps them to create high-end mobile apps. Customization The second way this innovative technology has transformed mobile apps as a whole is by allowing them to become more intuitive and interactive. Because IoT technology includes advanced customization options, developers can easily create future-ready apps. This gives them the necessary support to stay ahead of the competition. It also ensures that the user percentage for their app goes up. Enhanced Hybrid App Development With the IoT, there has been an increase in demand for hybrid apps. IoT technology allows an app to work flawlessly across multiple devices and platforms. This helps deliver a streamlined user experience when users operate an app, which can give app manufacturers a competitive advantage. Monetization Opportunities One of the greatest opportunities that IoT technology brings is monetization. By providing developers with the scope to include paid subscriptions so that users can access premium features or data they collect from IoT devices, the chances of making more money from mobile apps can only increase. Inclusion of Innovative Features Since the IoT enables interactivity between connected devices, it is easy for developers to include innovative features within an app. This is so, even without the need to add features to an app so that it functions better. Guaranteed Cost-Effectiveness Developing brand identity and reducing costs are two goals that become achievable through IoT technology. This is because the IoT provides developers with the necessary assistance to blend different features without spending much money, which can make their solutions more engaging to customers. And the fact that the IoT also helps developers to innovate can only result in a win-win situation for businesses. Industries Using IoT-Powered Apps The IoT in mobile app development has enabled apps to provide an intuitive experience to customers. It has also helped data to remain secure for users. These factors have allowed the technology to earn popularity among businesses. Many industry conglomerates are now using it. Agriculture: IoT apps make it easy for businesses to monitor and manage micro-climate conditions, and comprehend the percentage of moisture and nutrients in soil. Healthcare: IoT-powered apps help in patient health monitoring. They also help reduce the length of stay in hospital for patients. In cases where there is a shortage of beds in a hospital and a bed suddenly becomes available, staff can be informed of the availability courtesy of an IoT mobile app. Retail: Integrating the IoT into your retail solution can help increase sales figures. It can also make it easier to control warehouse automation, which ultimately can help create an engaging shopping experience. Closing Words The IoT market is changing quickly. With the growing number of smart devices across the globe, there are numerous opportunities for mobile app development to expand its reach and enter new markets. Creating automated business experiences and maximizing productivity are goals every business wants to achieve. These factors are achievable through the IoT. So, if you are thinking about incorporating the technology into your mobile app, leverage its benefits now. Get in touch with a dedicated IoT app development company today to hire developers who will empower your venture with a futuristic solution that keeps you ahead of the competition.