![]() ![]() Tinder charges $9.99 a month for a Plus subscription and $14.99 for a Tinder Gold upgrade. In Q1 of 2018, Match Group reported generating over $407.4 million in revenue. Tinder’s "Passport" add-on allows users to match with users in other locations, while "Boost" allows users to bump their profile to the top of the pile of users in their area. The Tinder dating app is free to download, but makes money by charging users for bonus features like unlimited swipes, which give users endless opportunities to match. With over 50 million registered users, Match Group's Tinder is a great example of an app that is a tidy money earner due to in-app purchases. Last year, global revenue from in-app purchases was projected at a staggering $71.3 billion- it makes sense, considering that 98% of app revenue comes from free apps with in-app purchase options. Most game apps are free to download, but the real money is made through in-app purchases. Pokemon Go raked in almost $800 million in 2018, an impressive 35% increase from its revenue in 2017. As of April 2018, Epic Games’ Fortnite makes about $1.9 million in daily revenue, with Candy Crush Saga by King in second place at $1.3 million per day through in-app purchases. Gaming apps dominate the list of top-grossing apps. Global mobile app revenue is projected to reach $188.9 billion by 2020, an increase of more than 200% from 2016. Once an app is a proven winner, porting it to other platforms becomes more viable. While more niche platforms can be profit earners, they should only be considered once your app has proven profitable on a more widely used platform, especially considering the dominant Android/iOS duopoly. Some of the younger app developers in the market have begun recruiting mobile app marketing specialists to help them bridge the gap. ![]() It is worth noting that both Android and iOS are "top heavy" in terms of earnings, with much of the total revenue being earned by top developers. Apple’s iOS platform is not far behind - mid-level iOS developers make about $96.6K a year. Android is a well-regarded platform because of its continued market penetration. The Android platform is in the lead with an average salary of $97.6K amongst developers. In the app world, developers are in high demand and are compensated accordingly. This can greatly affect your earning potential due to differences in market penetration and platform popularity. Let's Chat Which Platforms Make the Most Money for App Developers?įirst and foremost, you need to decide what platform(s) you want to design your app for. Did you know that the best running app is now available online? find it here now. 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 along the lines of "Can you make money from an app?"įueled is a product and mobile app development agency that can help you gain insight into the potential profit you can make with your app idea. 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. In 2018, mobile traffic accounted for 52.2% of total website traffic in the United States, and 3.6 hours that adults spend consuming digital media occurred on smartphones, with desktops, laptops, and other connected devices struggling to keep up. ![]() The mobile market has grown substantially over the years and industry experts predict continued growth. Gaming apps also make around $22,250, while entertainment apps make $3,090 daily, so there is no way to firmly say how much an average app makes. For example, the top 200 apps generate on average $82,500 daily, while the top 800 apps generate around $3,500. But most of it is earned by a certain type of app many others make no money at all. It is extremely hard to put a single figure at around how much revenue an app can generate because of the wide range of apps and the disparity of money they produce. ![]()
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