The software has penetrated all aspects of our lives in this digital age, with individuals and businesses relying on it to carry out daily tasks.  It has become omnipresent in the growth stories of startups and enterprises on a global scale in a way that software helps businesses transform digitally by going in for automation and streamlining their existing processes. According to Statista, revenue in the software market is expected to grow at an annual CAGR of 6.50% resulting in a total market volume of USD 812.90 billion by 2027, with most revenue generated in the US. Such immense poten ..read more

An online marketplace website is a platform that connects buyers directly with the sellers. Many businesses/brands can sell their products/services to consumers through a marketplace website or mobile app. The sellers have to pay a small fee for every customer purchase as a service charge to the marketplace for providing a convenient platform. The market size of online marketplaces is growing due to the increasing demand for online shopping and instant deliveries. And also because of how practically possible it is for anyone to create a marketplace. Online marketplace industry analysis as per ..read more

It is always crucial to have a budget plan for app maintenance costs before the development process begins. The app development process and the launch are only the first steps in building a successful app. It is the frequent maintenance and updates that keep your app functional and user-friendly for users. Keep your focus on app upgrades, changes, and mobile app maintenance expenses that may arise after development and launch. Frequent app maintenance leads to better user experience, prevention of crashes/glitches, trendy UI/UX design, fewer or no app uninstallations, and fewer or no downtime ..read more

Cryptocurrency wallets have grown by leaps and bounds as various businesses and entrepreneurs worldwide have adopted them since their inception in 2009. And a need for cross-platform crypto wallets grows even faster as many new cryptocurrencies emerge in the market every day. A report by Statista states that the number of Blockchain wallet users worldwide has surpassed 81 million. Country % Adoption Report Indonesia 41% Brazil 41% UAE 35% Singapore 30% Israel 28% US 20% India 20% UK 18% Australia 18% Germany 17% According to News Crypto, crypto ownership was ..read more

The large customer base of Gen Z, Millennials, and GenX makes video streaming websites the successful they are today. Netflix alone draws millions of cinemagoers and TV viewers every day. The USA saw a 38% rise in the consumption of streaming services during the lockdown. The value of the global live-streaming market may reach $534.37 billion by 2030 compared to $372.07 billion in 2021. Streamlabs’ Video streaming industry statistics indicate that viewers spent 9 billion hours in 2021 watching content on various streaming platforms. And a report from Nielson shows that viewers’ streaming time ..read more

Fitness app development requires an understanding of the target users, what they like and do not like in the app, what type of fitness app is most popular, and how many competitors’ fitness apps have a loyal user base. Such information holds the key to a strategy that helps understand how to create a fitness app that can succeed and survive in the market. What makes fitness apps famous? Providing virtual physical training, nutrition, and diet advice, and teaching other healthy activities like yoga and meditation has made fitness apps popular among every generation in the last few years. The CO ..read more

Incorporating SaaS ideas has become an integral part of many organizations due to its ability to deliver services online, removing the burden of software installation management. This cost-effective solution offers better accessibility, improved operational efficiency, increased scalability, ease of use, and data security. As a result, the Software-as-a-service global revenue is estimated to reach $344 billion by 2027. That is why it is beneficial to know which business idea or SaaS industry analysis strategy can bring you success in the Software-as-a-Service market, whether you are a startup ..read more

In today’s competitive market, businesses leverage IT solutions to streamline operations, enhance sales, automate processes, and improve their reputation. However, with over 6.5 million apps available in various app stores, merely providing the intended functionality is an ineffective strategy. To stand out, businesses must deliver solutions that are both user-friendly and intuitive for their customers while also being technically robust and secure. In other words, a successful IT solution should not only simplify and accelerate operations but also offer an outstanding user experience. Simulta ..read more

On average, maintaining software generally costs 10-20% of the initial project budget per year depending on the complexity & number of users. if you hire dedicated software developers for maintaining software, it will cost around $10 to $60 per hour from India. What is Software Maintenance? The process of updating & maintaining software after its release is known as Software Maintenance. The primary aim of custom software maintenance is modifying & updating the software after deployment. It helps to fix bugs & enhance the system performance to a great extent. This process can ..read more

Lucrative fintech startup ideas include digital/P2P payments apps, money lending apps, trading and investment apps, DeFi solutions, RegTech Apps, Insuretech, neobanking, personal finance apps, and digital/mobile banking apps. Fintech solutions offered through a user-friendly experience of a mobile app are currently in high demand among GenZ and Millennials (the majority of target users for digital finance solutions). These applications ensure a revenue-driven outcome while being cost-effective to build, the two most important factors for startups. However, there are also some other potentially ..read more