Mordor Intelligence reports that global crane market revenues will hit an estimated $32.45 billion by the end of 2016, and according to a recent marketing opportunities study by Technavio, the global mobile crane market is predicted to record more than $43 billion in revenue by 2019. With approximately 250 crane companies in the United States, revenue opportunities for LiftitWorks are substantial.
In 2015, approximately 4.43 million people used mobile phones, and that number is projected to top more than 5 million by 2019. In addition, Android provides 1.6 million mobile apps and Apple provides 1.5 million apps for their users.
The obvious appeal for using mobile app solutions is immediate revenue. In 2015, revenue from mobile apps amounted to $41.1 billion, and by 2020, consumers are projected to spend more than $101 billion on mobile apps via app stores.