Ask anyone what the most resilient parasite is today, and answers may vary between viruses, bacteria, and other pathogens known to man. But according to Christopher Nolan’s classic Inception, it’s an idea. An idea could be worth billions, and it could be impossible to undo once fully developed.
Every business, invention, mission, and extraordinary accomplishment began as an idea. For , ideas come a dime a dozen, but the right one could send ripples throughout the tech world and change the course of your company.
With more than 6.0055 billion active smartphone users worldwide, mobile apps have become an instrumental marketing channel for attracting and interacting with customers, both for small and big businesses in various industries. This has contributed to the tremendous growth of the app development market.
With much of the success in mobile app development hinging on the ability to find the right industries, here are 10 innovative startup apps ideas to help fuel growth for businesses in 2024 & beyond.
1. AR & VR Travel Apps
At this point, it’s almost impossible to mention innovative apps ideas for startups without including AR and VR apps in the mix. This fact was made even more profound after the social media billionaire Mark Zuckerberg announced his move to rebrand Facebook Inc. as Meta.
Social media and user experience are obviously extending beyond the internet into three-dimensional virtual reality (VR) and the augmented reality (AR) space. When you factor in the current travel restrictions in most parts of the world, travel apps could benefit real-world socialization and tourism big time.
This is where AR and VR travel apps come into play.
With AR navigation, users can easily explore faraway destinations, while VR tours can help improve the experience of shortlisted tourism destinations from home comfort. Given that the global tourism sector was one of the worst-hit industries by the pandemic, AR & VR travel apps expertly incorporated with tourist experiences can become a saving grace for the travel and tourism sector worldwide.
2. AR-enabled Medical Training/Diagnosis App
Augmented reality applications can reach far beyond the social, travel, and gaming arena. This technology is creating huge waves in the healthcare sector, and the possibilities seem endless. AR is transforming medical training, diagnosis, and patient medical experiences despite the somewhat goofy headgears.
When it comes to diagnosis, medical applications of AR can help doctors and medical experts diagnose and treat patients with improved accuracy. Such innovative AR apps will give doctors access to real-time patient data and enhance visualization of different medical conditions.
These will become life-saving information in both straightforward and complicated procedures. Also, you can hire mobile app developers to create AR-enabled medical training apps to examine patients’ anatomy with increased specificity and details.
Such apps can receive MRI data and CT scans and overlay patient anatomy atop their body. Also, surgical procedures and expected results can be analyzed before the actual procedures are carried out. This improves medical practice for trainees and reduces casualties resulting from traditional medical limitations.
3. Digital/Facial Identity-based Apps
As per the results obtained from a recent study carried out by Juniper Research, the use of digital identity apps will surge from more than a billion to over 6.2 billion by 2025. The outcomes of this research point to the gradual shift from conventional identity cards to civic identity apps. These apps retain identity particulars issued by banks and other organizations, whether private or public.
It also shows that government-issued IDs will account for about 90% of the civic information held in such apps by the same year. Whether the issuing institutions choose to hire offshore android developers or use in-house talent to build such apps, one thing is certain, the demand for digital/facial identity-based apps is about to skyrocket, making it the ideal idea for startup app builders.
Targeting this emerging digital security industry and user verification puts your company in a unique position to reap the benefits of a fledgling niche.
4. Cryptocurrency Trading Application
Despite the sudden rise in the popularity of cryptocurrency around the world, only a tiny minority of people around the globe have actually traded any coins. With the most popular being Bitcoin, Ethereum, and Dogecoin, recording more action over the past years, traders are attracted by the prospect of making significant money from the volatile nature of these very speculative assets.
Consequently, the ways of accessing and trading cryptos are also increasing. Financial institutions are on the lookout to hire iOS app developers to provide access to a broad selection of such assets at lower costs. Apart from this, several brokerage firms also offer investors the platform to buy and sell cryptocurrencies apart from their mutual funds, stocks, and other investments.
With the best cryptocurrency trading and exchange apps, startup apps can offer user-friendly, secure, and reliable investment options to businesses and users alike.
5. AI-Based Stock Investment App
Artificial intelligence has made leaps and bounds, entering several aspects of the business world. One of the more exciting areas of AI adoption is stock investment. As a result of their complexity and unstable nature, financial markets possess very intricate structures, making them almost impossible to predict.
But with artificial intelligence-based stock trading applications, investors can take advantage of more advanced strategies to position their assets even as beginners. Ai-based stock investment apps present starters and investors with limited capital the opportunity to test the waters before diving deeper.
Naturally, this is a trend several brokers and trading platforms are yet to adopt, which makes it a niche ripe for the picking. Simply put, AI-based apps in stock investment mean smarter trading, and this idea is one that app startups can exploit for many years to come.
6. AI-Driven Microlearning Platform:
Imagine an app that tailors learning to each employee. This AI-powered platform delivers bite-sized, engaging modules that address specific skill gaps. It analyzes individual performance and preferences, recommending relevant training content. This personalized approach fosters a more skilled and adaptable workforce, keeping your team ahead of the curve.
7. Freelance Marketplace with Blockchain Integration
This app revolutionizes freelancing by connecting businesses and skilled individuals seamlessly. Businesses post projects with specific requirements and budget. Our platform utilizes blockchain technology to ensure secure and transparent transactions. Smart contracts automatically release payments upon successful project completion, eliminating payment delays and disputes. Freelancers showcase their skills and experience, attracting opportunities that match their expertise. The platform fosters trust and efficiency for both businesses and freelancers, streamlining the freelance experience.
8. Hyperlocal Delivery App with Eco-Friendly Options
The Hyperlocal Delivery App connects you with nearby businesses for speedy delivery of goods within a defined area. Think of it as instant gratification with a green twist! Choose from a variety of shops and restaurants, then select eco-friendly delivery options like electric vehicles or bicycle couriers. This app caters to those who value convenience and sustainability, allowing businesses to reach a wider audience while reducing their environmental impact. By supporting local businesses and opting for eco-friendly deliveries, you’re contributing to a greener future, one delivery at a time.
9. AI-Powered Mental Wellbeing Assistant App
Feeling overwhelmed? This AI-powered app acts as your personal mental health assistant. Chat with a virtual therapist, access self-guided exercises based on your mood, and track progress over time. Learn coping mechanisms for anxiety and stress, with resources and tools tailored to your unique needs. This app empowers you to prioritize your well-being and build emotional resilience.
10. Predictive Maintenance App:
This app acts like a fortune teller for your machines! It uses sensors and machine learning to analyze equipment data. By identifying patterns and trends, it predicts potential failures before they happen. Businesses receive alerts, allowing them to schedule maintenance proactively, avoiding costly downtime and maximizing equipment lifespan. Imagine a factory where machines alert technicians before they malfunction, preventing production delays and saving the company significant resources. That’s the power of the Predictive Maintenance App.
Conclusion
The latest figures from Statistica show that mobile apps will generate revenue of around $935 billion by the year 2024. Thus, developing a successful mobile app has become vital to many organizations, particularly if you want to remain on top of the market demand. Therefore, the most innovative app ideas will help your app startup grab a sizable portion of this projected mobile revenue.
Hopefully, these ten best app ideas for startups can fuel business growth and spark creativity upon which groundbreaking Android and iOS apps will see the light of day. Remember, an idea, once fully formed, can become unstoppable.
By: Chetan Saxena