Well technically we already are on 64bit. The transition happened with iOS7 which was the first 64bit iOS. Whats happening is that apple is dropping support for 32bit apps. Amongst some of the reasons why we are moving to 64bit are RAM limitations, a 32bit processor can access a maximum of 4GB of memory and as iOS devices (iPad Pro, iPhone etc) become more RAM hungry apple is future proofing. Another reason is how processors handle calculations, a 64bit processor can access and manipulate data in 64-bit chunks rather than just 32 which is more efficient. Its hard to say whether there is any visible performance improvement on an average iOS app, however the transition was needed as iOS devices will need more than 4GB of RAM in the future.