Top 12 AI-Based App Ideas For New Business That Will Make Money in 2020

In 2020, the demand for new app ideas is rising. This demand growth can be fostered by the introduction of new or improved technology daily. More and more companies are building lightweight apps, in fashion, tech-savvy, and fast.

As per the Most Recent stats, 2.8 million apps on Google Play Shop, and 2.2 million apps on the Apple store, the tendency of conventional and ordinary mobile apps appear to be fading away.

Here, Artificial Intelligence (AI) and Machine Learning (ML) continue to start up new opportunities in the business world. AI and ML are the two technologies that, if embraced in the right way, will benefit your company, which makes you more efficient in your operations and finally help you in earning money.

The enormous capability and increasing availability stand of no use if you're not able to think of an exciting thought for your mobile app. The AI software market is predictable to raise approximately 154% year-on-year, reaching a forecast of $22.6 Billion approx.

Top 12 AI-Based App Ideas For New Business That Will Make Money in 2020
Top 12 AI-Based App Ideas For New Business That Will Make Money in 2020

Keeping this in mind, I present you with a list of some fantastic AI/ML-based app ideas that will earn money in 2020-21.

1. App for Retail Brands:

If you have an e-commerce site or are planning to own one, then you need to post images of the products on your website. For this, you mainly have to search for the images over the internet.

To evade this, you can request the software development company which is working on your mobile app, to incorporate an on-device recognition tool for the admin. This tool relies on Artificial Intelligence. It merely scans, organizes, and categorizes all the images in your smartphone based on the items given in the image.

Having such a tool, your company can obtain an incredible range of photos relevant to their geographic location, product type, and prospective markets.

2. Cyber Security Apps:

Artificial Intelligence is so smart, it will win over conventional firewall rules or AV data. This is because it functions automatically without the company's prior understanding of finding anomalies.

With traditional security measures, it's good to adapt Artificial intelligence/ Machine Learning apps to help with the protection of cyber security. The AI systems are capable enough of constantly assessing our network packets and map what's regular traffic. It's mindful of over 1,03,000 patterns in the network.

3. Program for Journalists:

Journalism is a stream where you have to be aware of all the latest happenings going around you. It takes a whole lot of effort for respondents to collect data and information.

The thing which can work most effectively is to supply a journalist with actual AI experience. You have to hire software developers to make a mobile application that is capable of auto-generating a report by requesting vital details.

The data can be provided in the form of voice commands also, and also the journalist can review the article later.

4. Vulnerability Prediction App:

The use of Artificial Intelligence-based applications is a great idea to forecast when a vulnerability in a region of the computer software is going to end up being attacked by hackers. This will allow you to be ahead of the digital attacks before they occur.

Such software can prove to be very powerful. We've got to focus on the easy classification of "will probably be assaulted" or "will not be attacked", we can train accurate models with a great reminder.

5. App for Writers:

Imagine you are a company that deals with content writing but being an SME or startup, you cannot afford many writers. This simple AI-based program can save you the cost of hiring writers.

What such an app does is it converts what you say into writing. The idea behind this is to get rid of using pencil, pen, and hands to write new stories, documents, papers, etc.. Such apps eliminate the requirement of keeping your hands occupied in distributing the words and allow your ideas to be quickly converted as you talk.

6. Storytelling Apps:

Using artificial intelligence in reading out a story or reciting a poem may be an excellent consumer experience. This storytelling AI-based mobile app helps to ensure you could listen to your favorite books, poems, books, or novels while doing other stuff. The AI will read out the book in an exact storytelling format.

What the user needs to do is glue the word or pdf document or link of this book in the app, and it will read it out to you not as a dictation but as a professional narrator. The AI of this app can pre-determine the tone of the received story based on the hierarchical analysis.

7. Roadside Breakdown or Car Accident App:

We all know about the SOS (Save Our Souls) system by now. This app is almost like SOS apps. Roadside breakdown or car accident app makes it possible to get connected with the nearest garage, offering real-time roadside assistance by simply tracking your location.

With the support of a superb mobile app development business, you can get this app developed with AI. The role of AI is going to be to record down all of the reputed car service businesses and users as per their location. You must take care to list only 24*7 mechanics or declaration their working hours.

If you'd like, you can also make it a one-stop alternative for automobile owners by adding all the essential features for the maintenance of an automobile --for instance, insurance alarms, service reminders, etc…

8. Online Recruiting Automation:

Artificial Intelligence can be helpful for online recruiting procedures like screening of resumes, job profile matching, and candidate sourcing. This app idea can be great for your business as AI-based technology concentrates on various other recruitment tasks and reduces your attempts by scanning the internet and providing you the ideal candidate.

Smart companies are widely utilizing AI-enabled recruitment mobile applications for finding the right candidates. The latter has not yet been considered for job roles in the past for not being able to look in the search results and not because of a lack of qualifications.

9. Delivery App Based on Subscription:

There are specific orders that are replicated, for example, monthly medicines. To avoid this stress, an AI-based mobile app can be created. Whether it'd be food, medicine, water, or milk, then consumers can select the choice that suits them the maximum to find the delivery of merchandise in their doorsteps.

Using AI On-Demand Delivery, you can collect the data and provide a frequent platform to both users and support providers and service providers to meet the weekly, monthly, or yearly basis based on the person's subscription plan.

10. E-Learning Apps:

With the rise in the realm of AI tools, how we read, search, or write text has shifted. There are advanced AI-based mobile applications that understand, hunt, and await you helping researchers to find out about the development of the most recent technology, tools, and data.

An AI can easily help students in finding answers to their issues by searching through all the possible websites.

11. Augmented Reality Based Jewellery Store App:

A combination of Augmented Reality in e-commerce mobile app is in trend nowadays. This can be utilized in jewelry selling e-commerce stores too. Improving the selling of your shop with an AR driven software that enables clients to have a 3D trial with the bit of jewelry they enjoy will be an excellent point for your app.

12- Cloud-Based Attendance App: 

A cloud-based attendance app can be considered as a significant relief for companies. The employer can get all the detailed advice of the worker through this program. Information about clock-in or clock-out by punch cards or bio-metric finger reading the whole thing can be stored over cloud memory.

Another feature that can be added to such an application is the real-time tracking of workers during working hours. For this, the employee will have to install a program on their cell phone. This will provide the employer with more control over their employees while working remotely. Also, it can be regarded as a security feature as you can monitor in real-time if your employee isn't breaking up the premises rules.

Final Words:

With this, we come to the end of this article, however, the list of AI-based mobile apps is endless. These thoughts will help your company to develop well & make money. In the year 2020, artificial intelligence has become a powerful tool for all types of organizations. Though large companies have been leading in the use of AI-based software, a high number of small firms have also begun investing in Artificial Intelligence to boost their competitiveness through efficiency, innovation, and productivity.

As soon as you finalize which idea you'll be working on, the next thing is to get in contact with the best mobile apps company who'll design and develop a mobile application, bearing in mind the most recent market trends and assessing future trends.

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