More Data Shows App Development not a Sustainable Business
App creation is not as lucrative as the top 1 percent of apps would have you think. In fact, most apps are likely to fall below the “app poverty line” with their meager earnings of $500 per app, per month.
This data comes from VisionMobile’s Developer Economics report for Q3 2014. The study encompasses 10,000 developers from 137 countries – an app world made of the “disappearing middle class of app developers.” Terms like “poverty-stricken” and “have-nothings” litter the report like sad economics tales, rather than failed software warnings.
VisionMobile’s “have nothings” are app developers who would like to make money, but make nothing.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in