What is the factory method in Angular 2?

As services are reusable singleton objects in AngularJS which is used to organize and share codes across the application, they can be injected into filters, controllers, and directives. Angular 2 offers three ways to create a service; factory, service, and provider.

The factory function allows developers to include some logic before creating the object and returns the created object. The syntax for factory function is as follows.

app.factory('serviceName',function(){ return serviceObj;})