The rise of foldable smartphones is reshaping the mobile technology landscape. According to the Counterpoint Research Foldable Tracker and Foldable Insight Report, the global foldable smartphone market experienced a remarkable 64% year-on-year growth in Q1 2023, reaching 2.5 million units sold. This surge is particularly noteworthy as it occurred against a 14.2% year-on-year decline in the overall global smartphone market during the same period. Markets in regions like China, North America, and Western Europe displayed robust growth in Q1 2023.
This shift underscores the importance for mobile app developers to adapt and optimise their applications for foldable phones.
Market Growth and Potential
The rapid growth of the foldable smartphone market is a testament to consumer interest in innovative and adaptable technology. These devices offer users a versatile experience, allowing them to switch seamlessly between a traditional smartphone and a tablet-like interface.
In recent years, the fintech industry in India has witnessed a dramatic transformation, propelled by technological advancements and a surge in mobile phone usage. Banking mobile app development has emerged as a crucial facet of this evolution, allowing financial institutions to offer seamless services to their customers. Among the pioneering companies in this domain, Singsys stands out as a prominent player, contributing significantly to the growth of India’s fintech ecosystem.
Singsys: A Leader in Banking Mobile App Development
Singsys software development company based in India and Singapore has played a pivotal role in shaping the landscape of fintech app development. With a strong focus on innovation and user-centric design, Singsys has established itself as a trusted partner for various banks and financial institutions seeking to enhance their digital presence.
In an era where speed and efficiency are paramount, catering to the needs of smartphone users has become a top priority for businesses. However, many users hesitate to download apps due to concerns about storage space. Google revealed that half of smartphone users mostly use a brand’s mobile site instead of downloading an app. This dilemma has led to the rise of Progressive Web Apps (PWAs), offering a unique solution that bridges the gap between standard websites and native applications.
What is a PWA?
Progressive Web Apps, or PWAs, are web applications that provide a seamless and app-like user experience. Build on standard web technologies like HTML, CSS, and JavaScript, much like traditional websites. However, PWAs eliminate the browser interface and borders, giving users a more immersive and native app-like feel.
How is it Different from a Native App?
One of the primary distinctions between PWAs and native apps lies in their installation process. Native apps are downloaded and installed directly on a user’s device from the app store.
In the swiftly changing landscape of contemporary business, keeping pace with innovation is paramount. One of the most transformative advancements reshaping customer interactions and operational efficiency is AI chat assistance. This dynamic tool harnesses the power of artificial intelligence to elevate customer service, streamline operations, and propel business expansion.
By 2025, the chatbot market is set to skyrocket to 1.25 billion USD, a monumental leap from 190.8 million in 2016, as per Statista. This growth highlights the increasing importance of chatbots in modern business interactions.
Unearthing the Potential: AI Chat Assistance and Business Evolution
In a world driven by technological progress, businesses with cutting-edge solutions thrive. Among these innovations,
The cryptocurrency market has witnessed explosive growth in recent years, and with it, the demand for robust and reliable crypto exchange platforms has soared. Behind the scenes, software development companies play a pivotal role in creating the technological infrastructure that powers these exchanges.
This article explores the integral role of software development companies in the crypto exchange industry, focusing on trends in the Singaporean and Indian markets.
Market Trends in Singapore and India
Singapore: Known for its innovation-friendly regulatory environment, Singapore has become a hub for blockchain and cryptocurrency-related businesses. The government’s progressive stance on digital currencies and blockchain technology has attracted blockchain startups, including those specialising in crypto exchange software development. That has positioned Singapore as a leading global player in the crypto exchange space.
