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eCommerce Mobile App Development: Its Benefits and Future

From buying everyday essentials to luxury goods, the concept of online purchases has grown exponentially in the last few years. No wonder, eCommerce app development solutions today are a necessity and not just a choice for businesses that want to drive innovation and stay profitable.

Today, successful eCommerce apps redefine the shopping experience while protecting critical personal and financial information of customers against possible frauds, cyber threats, and data breaches while complying full with regulatory compliance, such as PCI DSS, General Data Protection Regulation (GDPR), and more. 

If you are thinking of building an eCommerce mobile app from a reputed app development company, it is highly recommended that you should focus on cross-platform integrations, seamless functionality, and user-centric designs that prioritize ease of use, adaptability, and security to meet modern customer's demands and stay ahead of the curve.

Let us explore some interesting eCommerce app development statistics before we proceed ahead with the benefits of eCommerce app development and why you should hire a professional eCommerce mobile app development company.

eCommerce App Development Statistics-The Present & The Future

  • Mobile commerce contributes to more than 62.7 percent of all online sales.
  • Online global retail sales are likely to exceed US$7 trillion by 2025.
  • People across the world spend approximately 3 hours and 40 minutes every day (on average) on their mobile devices.
  • Global mobile app revenue is expected to cross US$935.2 billion by 2023 and app spending is expected to cross US$270 billion by 2025.
  • A staggering 89 percent of business owners are of the view that out-of-the-box eCommerce app development solutions would help their business leave a mark and succeed in the years to come.
  • Total app revenue market is expected to demonstrate a compound annual growth rate (CAGR) of 9.59 percent, leading to a projected market volume of US$673.80 billion by 2027.
  • 64 percent of customers in the United States alone are ready to pay more for sustainable products.
  • 56.6 percent of customers prefer online stores compared to brick-and-mortar stores for their discount codes, speed, convenience, 24/7/365 availability, and health safety.
  • 89 percent of eCommerce companies are investing in personalization and 71 percent of customers get frustrated by impersonal website content.
  • Social commerce is expected to generate approximately US$30.73 billion in 2023 of worldwide eCommerce sales. The size of global social commerce market is expected to reach approximately US$1.6 trillion in 2024 and US$2.1 trillion in 2025.
  • More than 58 percent of customers prefer buying from eCommerce businesses with live chat support.
  • The number of mobile users globally is expected to reach 7.49 billion in 2025, or 92 percent of the current world population.
  • The global transaction value of QR code payments is expected to reach US$2.7 trillion by 2025.

Benefits Of eCommerce App Development

Let us now explore some amazing benefits of eCommerce app development:

High level of personalization- One of the biggest benefits of custom eCommerce app development solutions is that they help your business deliver personalized content to your customers, based on their preferences and expectations. For instance, eCommerce apps that leverage machine learning and artificial intelligence can track the browsing history of users and analyse customer data to deliver personalized product recommendations and hyper-personalized buying experience to keep customers engaged and encourage repeat purchases.

Explore the advantages of AI-Powered Tools- From product recommendation engines to chatbots, tools powered by artificial intelligence (AI) are now becoming increasingly indispensable in the world of eCommerce app development. These innovative tools can be leveraged by success-driven organizations to improve the quality, speed, and accuracy of customer support solutions to address common queries, feedback, suggestions, complaints (if any), and inquiries. They can also be leveraged to automate the otherwise time-consuming and complicated processes to free up staff to focus on their core revenue-driven activities.

Leverage the potential of headless commerce- The concept of headless commerce is about decoupling the frontend presentation layer from the backend operations of an organization. This allows the business to seamlessly create custom user interfaces and integrate with multiple platforms. The headless commerce approach helps developers create API-driven, out-of-the-box, and highly flexible eCommerce mobile apps that improve customer engagement.

Leverage eCommerce Technology Advancements- Advancements in technologies such as blockchain, augmented reality, virtual reality, machine learning, and artificial intelligence integrate deeply with modern-day eCommerce app development solutions offered by a professional eCommerce mobile app development company. This allows businesses to make the most out of virtual try-ons, immersive product visualizations, personalization, and predictive shopping to drive the future of eCommerce.

No-code platform- Today, businesses need to be responsive, proactive, and agile to deliver exceptional and consistent checkout experiences. No-code and low-code platforms by automating complex processes and providing built-in components help businesses eliminate common eCommerce app development challenges such as high costs, lack of flexibility, and long development times.

Why Hire A Professional eCommerce Mobile App Development Company?

Hiring a professional eCommerce app development company allows your business to leverage advanced technologies such as artificial intelligence, augmented reality, virtual reality, Big Data, the Internet of Things (IoT), and digital payments. Moreover, eCommerce app development solutions offered by a reputed eCommerce mobile app development company help you gather data-driven insights and deliver frictionless checkout experiences to your customers. 

Our team of eCommerce app development experts can also help your business develop a strong and positive culture of continuous improvement by embracing agile development methodologies and integrating emerging technologies to complement your eCommerce offerings. These benefits can help your business stay competitive and thrive in today's cutthroat business environment.

Leverage innovative, frictionless eCommerce app development solutions from ITIO Innovex to revolutionize the way customers shop. Experience the magic of tailored sales promotions, personalized product recommendations, increased customer satisfaction, and targeted marketing campaigns by joining hands with the most trusted eCommerce app development company. Call or email us now to know more about our innovative, custom eCommerce app development solutions to position your business as an industry leader in a constantly evolving market.