App
development is ruling heights in today’s market. A single app is earning
billions of dollars. But there are several apps which are inefficient to make
money.We all know that apps make money but few people know the procedure of
making money through an app?
Substantially
mobile marketing has grown over many years in the industry and experts predict
its continuous growth. Mobile internet has surpassed desktop in 2014. Now 80%
of internet users have smartphones and they use multiple apps but it is
difficult to build an app. So after such hard work, an app developer will
expect reward, so it is necessary to find efficient app developer and tools for
developing different apps.
Platform That Helps To Earn
Money to App Developers
An
app developer earns $5,000 per month for developing apps in some renowned
platformslike Android, Microsoft and iOS apps. About 16% of Android app
developers earn $5,000 per month with revenue. Android is heavy in terms of earnings.There
are some platforms which are not favorable for the prospectus of apps like
Blackberry, which does not have market penetration of Android and Apple.
Windows lacks popularity because it is not a profit earning platform. Platforms
for app development plays important role because without a proper platform it
is hard for an app developer to create any kind of apps.
Revenues Generated By Different
Apps
We
know that today Applications are big business in market. There are several
revenues which the apps generate. In 2016 global app revenue estimates $52
billion. There are some gaming apps which are top grossing apps. $2 million
revenue per day is estimated from Bandai Namco Entertainment's Dragon Ball Z
Dokkan Battle. $1.6 million is purchased from King Digital Entertainment Candy
Crush. In 2017 18% of revenue has been increased. By 2022, the economy will be
$6.3 billion.
Match
Group’s Tinder is a great example of mobile gaming app. There are 1 million
paying member of the apps. Tinder Dating Apps is another app which is free to
be downloaded but it makes money by charging users for the bonus features like
unlimited swipes which give opportunities to the match. Now it is 42 million
per download is the cost of each app like gaming app, ecommerce app etc.
Subscription That Apps Makes
There
are some top-grossing apps like Spotify, Pandora and Tidal and video streaming
apps like Netflix and Hulu which follows subscription-based methods. For
example, subscription rate of Tinder gold is $285.3.
For
number of important global issues, an app has been made known as AnchorFree’s
Hotspot Shield whose subscription charge is $6-15 monthly. This app allows accessinga
virtual private network (VPN) for worldwide communication. About 5 millions of
people installed Hotspot Shield in 2017 which is the top grossing app on the
app store of iTunes.
Other Devices of Apps, Rather
Than Mobile Phone
Nowadays
apps have jumped out from cellular platform to smart devices. Smart TV is the
platform of some apps which are used for video games like Xbox One, Wii U and
PlayStation 4 who have their own app store. These successful games and apps
gains number of revenues from the market.
Smart
watches are also platform of apps like music and exercise apps. Today smart
phones, TVs and Watches are platform of multiple apps and the apps are gaining
lots of money from the customers. Technology is ruling the market with the
medium of apps and people are enjoying it.
Analysis
has proved that there are several opportunities for the future of app market. Rather
than being oversaturated, app market is promising. About 30% of app developer
earns $5,000 or more than that per month. Craze of multiple apps has been
spread in market which is showing the great future of app
designers.
Recently
the novel innovation on app designer for smart TV and smart watches are increasing
with substantial growth in market. Coming generation will use lots of leading
apps in Smart TV and Smart Watches.