MVP development is a Lean startup approach to product development that prioritizes speed and efficiency. It allows you to quickly bring a product to market and validate the product concept without investing a lot of time and resources into building a full-featured product. This approach helps to reduce the risk of developing a product that may not meet the needs of the target market.
MVP development needs to be used for software products, web-based applications, and mobile apps. The MVP can be a basic version of the product with limited features, or it can be a functional prototype. The key is to create a product that is simple and minimal but still provides value to the target market