Top Mobile Industry Trends to Watch Out for in 2020
The smartphones are redefining the lives of humans ever since its introduction. Being the second-largest in the world, the Indian mobile handset market is expected to grow in single-digits in 2020, which is lower than last year. According to the market research firm Tech Arc, the forecast on 2020 estimated that the overall market to expect a two percent dip compared to sales in 2019. Also, the average selling price of smartphones is expected to rise by 8.4 to 8.6 percent and settle between 
15,500 to 15,800 in 2020. And globally, the mobile phone market was about $495 billion in 2018-19, which is projected to touch $648 billion by 2025 as per India’s electronics industry statistics report. Let’s have a look at the key areas for the future of the mobile industry.
Rise of the Payment Apps
As technology comforts the consumers, personal technology grows without any hassle. Throughout the end of the last decade, mobile payment apps grew significantly and it is indeed great news for the economy, but it invites the hackers to make the most of the situation especially in security and privacy matters. Mobile applications are easily targeted by hackers for sneaking into others’ personal information for committing crime and more.
Vulnerability Issues
The security shortfalls of the mobile apps are increasing and it can be a concern for the consumers. Still, many application developers believe that iOS apps are virtually immune to reverse engineering. But experts still have a hope that developers will improve the security measures to strengthen the integrity of their apps by employing a strong multi-layered approach to protect the applications.
Fake Apps
The consumers must be alert while downloading new apps from the Playstore or App Store. Fake apps or hidden apps have always been a problem. Last year, around 65,000 new fake apps were caught among the various app stores. The fake apps are now increasingly common and dangerous as it takes away the critical information from the users just by allowing permission to access the device. Developers should be really worried about the increase of fake apps as they create a blot in the company’s name.
Kotlin’s Susceptibility
Google’s preferred language for development is Kotlin now, and since it’s new in the block, most of the developers using the language do not fully understand the security best practices offered by it. As the internet world is getting dangerous and vulnerable, the apps written in Java and others must be well protected from the dynamic and static attacks using the combination of code hardening and RASP (Run-time application Self Protection).
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