10 Key Services that drive Mobile App Startup Industry Worldwide

10 Key Services that drive Mobile App Startup Industry Worldwide

Services that drive Startup Industry
Startup Guide

10 Key Services that drive Mobile App Startup Industry Worldwide

If we go by numbers and numbers alone, the startup industry has let a tsunami of entrepreneurs experiment and elaborate services that are now being embraced by people across the globe. Complementing the Smartphone revolution, these services have made it possible for people in the developing nations to have access to the products of the startup industry. However, as extensive it is in terms of numbers, is the startup industry actually that versatile? Turns out, it’s not, as it focuses itself on a finite number of services.

What led to an increased number of competitors in the startup industry was the fact that multiple service providers had a different perspective to offer for each of these services, thus leaving us with products and applications that contained the same nucleus, and yet, were structured differently. This is how, as users, we have multiple options on our Smartphone when it comes down to ordering food, finding an event, requesting a cab, and so on. Let us take a brief look at the 10 key services that drive the startup industry across the world.

Food Delivery:

Zomato has carved a special place in the history of startups. What began as an online food reviewing portal has now transformed into an online food delivery service, inspiring many other service providers to introduce applications that cater to users with food delivery services. However, the success ratio in this service of startup industry still remains low.

Related read: On-Demand Meal Delivery App Development‎

Chat Applications:

Clones of WhatsApp have flooded the market. For the ones looking to have diverse options for Instant Messaging on their Smartphones, the options are limitless. After WhatsApp was acquired by Facebook, many entrepreneurs have been looking to make a breakthrough by offering chat applications that are relatively similar.

Shopping & Retail Services:

Which startup doesn’t want to replicate the success of Amazon? Online shopping and retail stores, spread across numerous domains like furniture, clothing, books etc. have been a key factor in helping the startup industry grow rapidly. The presence of a large market of eager shoppers only makes it better.

See also: How to Build a Multi-Vendor Marketplace?

Tindering along:

Applications like Tinder have inspired the startup industry to come up with numerous startups that help people find a partner. This domain has further expanded in helping people find matches based on their sexual preferences, cultural inclination, and is expected to grow as more and more people get online.

Taxi Services:

The last we read, Uber’s valuation was around $62.5bn. Hence, it doesn’t come as a surprise that the startup industry has taken a cue from the success of Uber and is now looking to create services that help people with rental cars, trucks, lorries, and even planes. Given the success of Uber, this services is integral to the startup industry.

PayPal’s Pals:

The concept of online money transfer precedes the startup culture. However, what separates each money transfer application is the ease with which the money can be transferred, the time taken, and most importantly, the taxes users have to pay for each transaction. The same industry has inspired digital wallets too, which are fast replacing physical transactions.

Property Services:

Another key service driving the startup industry is property. Users can find rental and commercial properties with ease, rent out their properties, and thus, find deals that eliminate the need for any brokers. Given the inter-city migration across different economies, this service has been successful so far and should amplify its achievements in the future.

Education and Examination:

Because pen and paper are too conventional for the kids of today, education services have also taken a part in the startup culture, introducing multiple testing apps ranging across different subjects, levels, and grades. Students going in for SATs, GRE, and GMAT have plenty of options in the form of applications that help them with testing their skills.

Related read: How to Create an Educational App Like Masterclass

Social Media and Networking:

Facebook is getting old, Twitter is getting redundant, and therefore, we have ‘unconventional’ entrepreneurs coming out with applications that promise to enhance the aspect of social media and networking for the users. Given how people love being online, this service is going to sustain the startup industry in the long run.

Planning your Trips:

Hotel bookings and holiday planning have been made easy with multiple applications. An integral part of the startup industry, these services have made it possible to users to make their bookings in advance, thus allowing better access to transport services. Long queues at the ticket counters are now history with the presence of these services.

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