This Is How To Monetize A Mobile App And Earn From It
The mobile application market is booming and the chances for this to change are really small in the near future. More than 1,1 billion devices with Android are projected to be sold this year and this number is expected to grow even more in 2015. As more and more people are going mobile, they are going to need quality mobile apps. And although there are millions of them on Google Play for instance, the expanding market is thirsty for more. Some of the apps really made it big. Everyone knows about Angry Birds, the mobile game that made its founder millionaires (read its story here). And what about Summly? Last year Yahoo bought the application for $30 million from its inventor – Nick D’Aloisio, who was only 17 year old and became one of the youngest multi-millionaires in the world. No matter that there are zounds of apps over there, the market will be always hungry for quality ones. Right now starting a mobile apps business seems to be not a bad idea. And if you haven’t, you should seriously think about getting a piece of the tasty mobile pizza.
On the following infographic, you can see some useful and interesting statistics about starting a business in the field of mobile apps development. For example, more than 32% of all mobile apps projects have made more than $5 000 in profits for their developers, this is a pretty nice number. 12% brought more than $50 000 in revenue and 37% of developers got more than 50 000 downloads of their best app. Although these numbers sound good, there some bad ones, too. More than 80% of all projects can’t cover their costs, for example. These and some more cool statistics you can see below:
How Are Mobile Apps Monetized?
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