The top-grossing apps in the world may not be the ones you suspect.
But most of this money is earned by certain kinds of apps, and many apps make no money at all.
This article will explain the ins and outs of how apps make money, and give you some ideas for how your app can become an earner.
The mobile market has grown substantially over the years and industry experts predict continued growth.
Mobile internet usage surpassed desktop way back in 2014, and 80% of internet users now own smartphones.
With such impressive numbers, it’s no wonder that Fortune 500 companies and entrepreneurs alike are trying to get a piece of this modern-day gold rush.
If you’re new to the market, looking to enter it, or just have a really cool idea for an app, one of your first questions is likely to be profit-related.
Building apps is a difficult task and you will want to be rewarded for all of your hard work.
The following overview of mobile app earning potential should give you a clearer picture on how much you can make off your app.
Our agency, Fueled, has experts that can help you determine how to earn money from your app, and how much it can potentially make. First and foremost, you need to decide what platform (or platforms) you want to design your app for.
This can greatly affect your earning potential due to differences in market penetration and platform popularity.
For the purposes of this metric, we’ll be rating platforms based on the percentage of app developers earning $5,000 or more per month on their apps.