Appinventiv Gets Cited in The Manifest Survey Report - Appinventiv

Appinventiv Gets Cited in The Manifest Survey Report

Appinventiv Technologies January 29, 2024
Appinventiv Gets Cited in The Manifest Survey Report

The Manifest publishes reports analyzing opinions on two popular categories of mobile apps.

Why is Google Maps the leading navigation app? Who is using peer-to-peer (P2P) payment apps the most?

The Manifest, a B2B news and how-to site, sought to answer these questions and more in its recent survey reports analyzing popular categories of mobile apps. Appinventiv CEO and co-founder Sudeep Srivastava spoke with The Manifest about the data, offering industry insight and expertise for the reports.

For the report on P2P payment apps, The Manifest found that PayPal is far and beyond the most popular P2P payment app. Nearly three-fourths of respondents (73%) indicated that they use PayPal most. Venmo, the second-place finisher, was listed by 14% of respondents.

“PayPal is a big name, has been in the market a long time, so people trust it with their money,” said Srivastava.

Since PayPal owns Venmo, the company’s holding on the P2P payment apps market is strong.

The report also found that millennials not only use P2P payment apps more – they use the apps to pay for food and drinks more than other generations. Meanwhile, older generations use the apps to pay for physical objects (i.e. clothing or furniture) more frequently.

This indicates that younger users are potentially integrating P2P payment apps more into their daily lives, using the apps to pay back friends after brunch or happy hour.

The Manifest’s report on navigation apps found Google Maps to be the most popular navigation app by a wide margin. Nearly 70% of respondents indicated they use Google Maps most frequently.

Despite Apple’s iOS making up a nearly half of the United States’ smartphone operating system market share, Apple Maps has failed to keep up.

“Apple Maps is still evolving and right now doesn’t provide all the navigation,” explained Srivastava.

Google Maps’ massive data collection efforts, made possible by programs like Street View, has helped the service achieve a level of detail not found in its competitors.

For example, Google Maps features the outlines of buildings, footpaths, and more not found on most other map services.

These details allow Google to maintain a highly comprehensive and accurate set of directions.

Read Sudeep Srivastava’s full commentary on The Manifest’s peer-to-peer payment app survey report and navigation app survey report.

THE AUTHOR
Appinventiv Technologies
Prev PostNext Post
Read more Press Releases

Clutch Names Appinventiv a Top Mobile Development Agency for Startups

In a recent report, Clutch has recognized Appinventiv as the Number #1 App Development Company for Startups. Clutch, the leading B2B rating and review website, recently published a report where they listed some of the top development agencies for the startups sector. And after comparing the companies against various factors like performance, client satisfaction, market…

Appinventiv Technologies

Appinventiv recognized among the “Best Metaverse Development Companies Of 2023” by TrustFirms

Appinventiv has been recognized as one of the Top Metaverse Development Service Firms in the list published by TrustFirms. The recognition has been awarded based on the organization’s tremendous efforts that have significantly impacted the metaverse ecosystem. Appinventiv has been revolutionizing the Metaverse development industry in the United Arab Emirates with its innovative ideas, cutting-edge products,…

Appinventiv Technologies
AppInventiv Ranked Top Android Application Development Company On Clutch

AppInventiv Ranked Top Android Application Development Company On Clutch

“AppInventiv we believe in turning your dreams into reality” AppInventiv is the Top mobile app development company, it has been ranked among the top development companies creating various consumer apps. Having completed more than 230 mobile applications, more than 100 creative inventors, more than 35 app and more than 10 projects funded in a short…

Appinventiv Technologies