By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData Collective
  • Analytics
    AnalyticsShow More
    data-driven image seo
    Data Analytics Helps Marketers Substantially Boost Image SEO
    8 Min Read
    construction analytics
    5 Benefits of Analytics to Manage Commercial Construction
    5 Min Read
    benefits of data analytics for financial industry
    Fascinating Changes Data Analytics Brings to Finance
    7 Min Read
    analyzing big data for its quality and value
    Use this Strategic Approach to Maximize Your Data’s Value
    6 Min Read
    data-driven seo for product pages
    6 Tips for Using Data Analytics for Product Page SEO
    11 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: Predictive Analytics Influences App Development For Emerging Markets
Share
Notification Show More
Latest News
anti-spoofing tips
Anti-Spoofing is Crucial for Data-Driven Businesses
Security
ai in software development
3 AI-Based Strategies to Develop Software in Uncertain Times
Software
ai in ppc advertising
5 Proven Tips for Utilizing AI with PPC Advertising in 2023
Artificial Intelligence
data-driven image seo
Data Analytics Helps Marketers Substantially Boost Image SEO
Analytics
ai in web design
5 Ways AI Technology Has Disrupted Website Development
Artificial Intelligence
Aa
SmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Analytics > Predictive Analytics > Predictive Analytics Influences App Development For Emerging Markets
AnalyticsExclusivePredictive Analytics

Predictive Analytics Influences App Development For Emerging Markets

Sean Mallon
Last updated: 2020/11/21 at 11:35 PM
Sean Mallon
6 Min Read
app development guide
Shutterstock Licensed Photo - By baranq
SHARE
- Advertisement -

Predictive analytics is changing the future of emerging economies. They are relying more heavily on digital technology to improve productivity. Big data is playing an important role in helping them achieve this. At first glance, this sounds like a perfect recipe for success in those markets. However, according to 7 Ninjas, a software development company, it is easy to overlook the role of technological advancements in those parts of the world. Although they tend to lag other countries when it comes to adapting new technology, they are catching up rather quickly. The market for mobile apps is rising at an accelerated pace. According to analysts, the market for mobile apps is expected to reach $189 billion by the end of next year. As the market grows, a variety of new trends are beginning to take hold. Globalism is one of the biggest changes impacting the mobile app development industry. New advances in predictive analytics will help mobile app developers navigate these changes and develop better technology to adapt. Predictive analytics is especially important for developers creating apps in emerging markets. Here is an overview of the role that big data technology is going to play as more app developers try to capture market share in these developing economies.

Contents
Predictive analytics will play a role in developing apps that will be appropriate for future forms of technology in emerging marketsPredictive analytics captures rapidly changing variables in an increasingly global worldIdentifying market demand for different solutions

Predictive analytics will play a role in developing apps that will be appropriate for future forms of technology in emerging markets

Customers in emerging markets

- Advertisement -

tend to use older devices than their counterparts in other countries. This is something that Uber discovered when they decided to create an app for customers in India and several other emerging economies. They discovered that the majority of customers in those regions were using smartphones that were at least five years old. Therefore, they decided to build a special app for those regions that was compatible with their preferred devices.

?We found that more than 80-85% of our users are on Android platform. We looked at our Android audience in emerging markets and found that the majority of our audience relied on devices which were from 2014 or older, as per the year-class scale for mobile phones. While these people were booking rides, we felt we could do a lot more to improve their experience,? Shirish Andhare, Head of Product and Growth, Uber India told The Next Web.

More Read

machine learning helps with the testing process for mobile app development

Machine Learning is Invaluable for Mobile App Testing Automation

AI Technology Helps App Marketplaces Compete with App Store
Albanian Bitcoin Investors Tap the Power of Predictive Analytics
Predictive Analytics Improves Trading Decisions as Euro Rebounds
AI-Driven App Development: Welcome to the World of Smart Technologies

Predictive analytics algorithms will help developers monitor the pace of technological progress in various countries. They will be able to use this information to make sure that they roll out new apps that will be compatible with the hardware that will be commonplace in those countries in the near future.

Predictive analytics captures rapidly changing variables in an increasingly global world

Experts often debate the impact that globalism has on wealthier, more developed countries. However, it is probably having a much stronger effect on developing economies. A number of socio-political trends are emerging and driving profound change in countries that have historically preserved certain customs for hundreds of years. App developers that rely heavily on historical documentation to develop mobile applications for customers will be making poorly founded decisions. Instead, they should use big data to get real-time insights into customer behavior and psychographic tendencies. Monitoring incremental changes in these variables will help them get better understandings of their preferences when choosing mobile apps. Predictive analytics algorithms make it easier to forecast new social trends in these regions. Mobile app developers can use a variety of big data sources to assimilate this information for their predictive analytics algorithms.

Identifying market demand for different solutions

Mobile applications are crucial to solving a variety of challenges in our everyday lives. They have only recently started to play a role in emerging economies, but they are poised to be more important than ever in those areas. Mobile application developers need to be able to forecast demand for the various solutions they offer. Understanding the changes in various markets is going to be one of the most important steps. Predictive analytics technology is able to forecast demand for various solutions. You can rely on a variety of sources, including:

- Advertisement -
  • Market data for existing products and services
  • Analytics data from Google Trends
  • Regression analysis between products and service sales and various social political trends in various parts of the world
  • Data from similar countries that made early progress on various milestones

Predictive analytics will help developers make sure they are creating apps that will be easy to monetize in emerging economies.

TAGGED: app development, app markets, predictive analytics
Sean Mallon April 28, 2019
Share this Article
Facebook Twitter Pinterest LinkedIn
Share
By Sean Mallon
Sean is a freelance writer and big data expert. He loves to write on big data, analytics and predictive analytics.
- Advertisement -

Follow us on Facebook

Latest News

anti-spoofing tips
Anti-Spoofing is Crucial for Data-Driven Businesses
Security
ai in software development
3 AI-Based Strategies to Develop Software in Uncertain Times
Software
ai in ppc advertising
5 Proven Tips for Utilizing AI with PPC Advertising in 2023
Artificial Intelligence
data-driven image seo
Data Analytics Helps Marketers Substantially Boost Image SEO
Analytics

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

machine learning helps with the testing process for mobile app development
Machine Learning

Machine Learning is Invaluable for Mobile App Testing Automation

9 Min Read
ai helps more app marketplaces compete with the app store
Artificial Intelligence

AI Technology Helps App Marketplaces Compete with App Store

10 Min Read
predictive analytics helps Albanian bitcoin investors
Blockchain

Albanian Bitcoin Investors Tap the Power of Predictive Analytics

9 Min Read
benefits of data analytics for financial management
Predictive Analytics

Predictive Analytics Improves Trading Decisions as Euro Rebounds

10 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots
data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data

Quick Link

  • About
  • Contact
  • Privacy
Follow US

© 2008-23 SmartData Collective. All Rights Reserved.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?