The mobile app industry is the fastest-growing sector globally, surpassing Hollywood’s revenue in just seven years. It’s projected to generate $143 billion with 267 billion downloads in two years. Mobile users spend 86% of their time on apps, making them more popular than websites due to their convenience, speed, and ease of use.
Smart entrepreneurs are leveraging this trend, but only 0.1% can afford the budget, skills, and time required to create and maintain a high-quality app. Developing a business app typically costs $4k–$8k and takes around 18 weeks, with additional ongoing maintenance costs. Drag-and-drop app builders, while seemingly simple, still demand a significant investment of time, skills, and money.
Most platforms also impose monthly fees to keep apps updated, adding to the complexity and cost of creating an interactive and user-friendly app that stands out. As a result, 99.9% of entrepreneurs miss out on this low-competition, high-opportunity market.
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