The spread of COVID-19 has crushed the world economy in the starting phase of the lockdown. Everything was very new for this generation but we all found our ways to cope up with that.

Especially the app developers, they took this lockdown as a blessing in disguise. A lot of businesses were attracted to have an online presence. This turned the whole game.

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From being economically weaker, even the small business took this as an opportunity and invested in online applications to scale up their business.

In this article, you will read how the top startup sectors grew, what problems they faced, and what technological transformations they bought.

Top Startup Sectors That Grew Due To The Spread Of COVID-19

It is very rightly said that if you don’t find any opportunity then create one. And in this lockdown period, most of the app developers did the same.

They took these difficult times, overcame them, and changed everything. They made everything new normal for us. The whole world is facing losses in terms of finances and human resources.

This has lead to a behavioral change that the human race never expected. These changes have come in both the corporate and the startup sectors as well.

Everyone is adopting this new lifestyle of social distancing and working from home. This has become the new culture that the whole world is religiously following.

In the trend of working from home, one thing that has helped us a lot is the availability of online applications. These applications have supported and helped us in every sector from education to eCommerce, from health to online delivery, everything was made easy with the help of the online presence of such extravagant startups. Here is the list of top startup sectors that grew due to the spread of COVID-19.

1. Education Technology

Having a full stop in the education sector was not acceptable even if there was a lockdown. Going physically to the schools, colleges, or educational institutes was not possible at all.

So creating applications that support learning from home was the need of the hour for a mobile app development company. They created many applications which include applications that support online classes, Massive online open courses(MOOCs), Competitive courses, and so on.

All of this has changed the conventional methods of teaching and replaced physical classes with online classes. Also, it has made studying more convenient and interesting even for the kids. This has enhanced the quality of education technology up a notch.

2. Health And Wellness

Same as education, health and wellness is also a necessity and is on the priority list of the mobile application development company. Especially, when the health emergency was so loud around the whole world, the first thing that came up was having an online presence in the health and wellness sector.

It is thriving right now as most people prefer to have an online regular checkup than to go to the clinics or hospitals. Also, people who love fitness and wellness are going for applications because all the gyms, yoga centers, dietician’s clinics were closed. Hence, health and wellness are one of the top sectors that grew during the lockdown.

3. Financial Services

As everything was closed and no labor and human resources were available because of the complete lockdown, small-scale and medium businesses faced a lot of problems.

The only hope they had was the entities that were lending them money as a loan. Due to this, these online financial services gained a lot of popularity, and companies hired dedicated developers to create such financial applications that were genuine and secure.

4. Saas And Remote Working Tools

As everyone was working at home so it was becoming difficult for ios and android app development company to store and secure data in a single place.

Saas and remote working tools were the answer to every problem. They helped a lot of businesses across the world to develop an online presence and helped to maintain for the people who already had.

This also included a lot of different cloud-based solutions which ensured that the data of your company is secured and stored in a single place.

5. Delivery Based Services And E-commerce Websites

As everyone is practicing the new culture of social distancing, so most of the people preferred delivery-based services rather than joining the crowd and going to the physical stores.

Android and ios app development company started developing more such eCommerce and delivery-based applications that helped the local stores to have an online presence as well.

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This proved to be a benefit for everyone. People could have fresh and fast delivery, online stores had their sales going on, and app development companies were also benefited from this.

Rather than just promoting large-scale eCommerce websites, people also promoted their local delivery-based services so that they can get them delivered fast, safely, and sanitized.

6. Online Gaming

With all due respect to the government policies, during the lockdown, all the entertainment sources such as movies, theatres, gaming hubs, recreational-amusement parks, and malls were closed.

One thing that kept the entertainment lovers sane was the hype of online gaming. Online games that collected real-time data were the most popular. With the availability of high-graphics and interesting themes, it was so entertaining for the people.

In the starting days of lockdown, no one knew it would continue for months and it took a moment for all the businesses to start their work online. So in the period when everyone was free and locked at home, games were the best way to keep everyone entertained.

All of this turned out to be a plus point for a mobile app development company that was investing its time and money in online gaming applications.

7. Labs/Pathology

Due to the spread of COVID-19, everyone has to get tested while they are traveling or even if they are going to offices. Also, everyone who even got common cold got tested just to make sure that they did not have COVID-19.

But not every time a person can go back to the lab to get the reports. So to reduce the number of people coming to labs to practice social distancing, a mobile application development company created such applications where people can get their reports online. This also helps the pharmaceutical companies to have an online presence from where people can order their medicines online.

8. Managed Office Spaces

After the first unlock, one thing that was bothering everyone was how they would manage to maintain social distance and hygiene every time they were in the office.

So creating such applications promoted and gave real-time ideas about how to manage and turn the traditional office spaces into the newer ones that preferred social distancing. Most development companies hire dedicated developers to develop such applications.

Challenges Faced In Technology-Driven Strategy-100

It all seems to be very easy that even in the lockdown most of the ios and Android app development company opted for technology-driven strategy but the truth is they also faced a lot of issues. Here is the list of some of the issues that they faced.

• As everything was closed and there was no shooting of advertisements as well so there was a lack of promotion. The good quality promotion was not possible.
• With thousands of businesses who want to develop and maintain their online presence, there was a lack of availability of android and ios development company.
• Most of the people did not have enough capital and time to create their applications.
• The production and transportation of goods were not possible so there was no point in creating an online application for few businesses as they did not have the products to sell. In short, a technology-driven approach was only possible for the businesses that offer services and not products.
• In the starting days of lockdown, even people were not buying anything online with a fear of getting COVID positive.

Impact Of COVID-19 On Mobile Economy

It is no secret that the whole mobile economy has benefited from this lockdown. They have more customers and their demand is increasing exponentially. Here is the list of things how the mobile economy benefited from the COVID-19.

• As everyone was working from home so the software and applications that supported the pre-existing system of the businesses were in high demand.
• Local businesses who never had an online presence and even never planned to have one were also trying to find the development companies who can develop and maintain applications for them and that too on a budget.
• Educational institutes started to buy or get many personalized educational applications for their institutions. Due to this, customized application development is in high demand. Also, many institutes that could not afford to have their personalized applications opted for the one that supported online teaching for free which included video calling, doubt sessions, assignment submissions, and conducting staff meetings online.
• Also, many educational institutes looked for applications that supported online test series and quizzes to take examinations.
• The eCommerce sector is also thriving as most people prefer to shop online rather than going to the stores.

How App Development Can Help Companies During COVID-19?

It is no secret that COVID has a very disastrous effect on the whole world and the world economy is no exception. Even large-scale businesses face a huge loss.

Everyone had a taste of this bitter medicine but app development and maintenance of the applications helped the businesses a lot to come up with the products and services that we require in this “new normal”.

These online applications from the health sector to eCommerce have become a part and parcel of our life. As students can not go to educational institutes so mobile app development companies found solutions and helped the educational institutes to continue their regular operations online with all the new ways.

The same goes for the other sectors of the economy. They also took the help of app and software development companies to scale up their business online and cope up with the situation of lockdown.

None of us was familiar with any of such situations but the app development companies were a ray of hope for every business owner. This is how app development has helped companies around the world during COVID-19.

Is This Digital Transformation A Long-Term Change?

In this sudden situation of lockdown, one thing that the human race has learned is to consider every possibility and think for the long term. Even if you are a business owner, while you are planning and making strategies for the future, consider the worst things that can happen then only you will be prepared for anything that will come in the way.

The companies who opted to scale up their business online have considered doing it for the long term. This is not just for the period of the lockdown.

They will continue to have their online applications even after the complete unlock. There will be an exponential increase in the remote and work from home environment.

Also, one thing that will be carried forward is the demand of customers for purchasing the goods and services from the online stores. This has impacted the local stores as well and due to this, they are also trying to have a prominent online presence.

All of this has supported the cloud-based services and this was highlighted due to the spread of COVID-19 only. People started to work online and as a result, now they know the importance and benefits of cloud-based services.

Conclusion

Along with the changes in the world economy, COVID-19 has bought a sea of changes in the mindset of the local, small, and medium-sized businesses.

Those who never planned to take their business online or even those who were not aware of how to scale it up are now doing everything they can to have an online presence for their businesses.