Navigating the Competitive Startup Landscape with Mobile Apps

Today, when so many people rely on their smartphones for everything, it is more important than ever for businesses to meet people where they are. This is why more and more startup founders are looking for app development partners. Studies have shown that startups with a mobile app are valued at over 800% higher than those without apps. Capitalizing on these advantages is a must, especially now that the startup landscape is more competitive than ever. 

Globally, over 135,000 new startups launch every day, however, 90% of them fail within 5 years. Mobile apps can make a world of a difference for these businesses trying to get off the ground, ensuring a better user experience and an increased ROI. Additionally, mobile apps can facilitate cost-effective growth, validate ideas with potential investors, and even provide an additional source of revenue. With the popularity of in-app spending, the opportunities are endless for growing businesses in the app space. 

Fortunately, many emerging services are making it easier for startups and scale-ups to develop mobile apps. With several success stories already under their belts, it is no surprise that taking a modern business to the next level requires mobile app integration.

Source: Tapptitude