News60% of App Developers Make Less than $500 Per Month, Says Vision...

60% of App Developers Make Less than $500 Per Month, Says Vision Mobile

According to Vision Mobile’s Q1 Mobile Megatrends 2015 report, 60 percent of mobile developers make less than $500 per month, which Vision Mobile calls the “app poverty line.” That’s actually a decrease from 67 percent in 2013. Other noteworthy takeaways from the report include the following:

  • 15 percent of app developers generate no revenue.
  • About 11 percent of mobile development firms generate more than $10,000 in revenue per month, a level considered sustainable.
  • 800,000 new people join the mobile development industry each year.
  • Only 20 percent of mobile developers target enterprises.
  • 53 percent of developers are involved in Internet of Things (IoT) projects.

The report also notes, “App stores alone cannot sustain the developer population. E-commerce is and will stay the winning app revenue model.”

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