Archive for the ‘Mobile Profits’ category

Applications – a Billion Dollar Industry

November 10th, 2016

Just a few short years ago, we were all walking around with brick-sized phones trying to outdo one another in a game of ‘snake’. Now, we have small devices in our pockets that can do absolutely anything within a matter of seconds. However, it isn’t just mobiles that have progressed as the whole technology industry has moved forward incredibly over the years.

When you think of smartphones, you automatically think of great apps like Candy Crush, Clash of Clans, Angry Birds, Plants v Zombies, and more. Every single day, these apps are growing and they are earning the developers millions of dollars. By 2020, it is believed that revenue from apps will reach $200 billion. In terms of individual developers, there is proving to be no ceiling because the biggest apps are raking in up to $1,500,000 per day.

If we take Pokemon GO as an example, downloads passed popular apps like Tinder within just two weeks. Currently, the gaming and mobile app industries are growing alongside each other at a rapid pace and this is a great niche to tap into. If you already have the mindset to succeed and can spot a good idea, there is no reason why you cannot have a section of this billion dollar industry. If you get it right, it could end up being the quickest route to success ever seen. As long as you market correctly, you can enter the industry and find yourself a place to settle down for the foreseeable future.

You can also take advantage of this booming market by making money testing new applications. There are thousands of developers out there that constantly create new apps and they are in dire need of people to test them so they can improve their product before launching into the market.

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