Millionaire’s Index Reveals 4648 Mobile App Developers Made More Than $1M/Year on the Major App Stores in 2016
SAN FRANCISCO, CA – 10 Jun, 2017 – Pollen Velocity Capital, a leading FinTech company providing financing to high potential app developers, in partnership with Berlin-based Mobile App Intelligence provider Priori Data, is pleased to release the Millionaire’s Index, an infographic celebrating the increasing number of mobile developers making more than $1,000,000 per year on the leading app stores.
Click to see the Millionaire’s Index here: https://goo.gl/c2Y7JD
Highlights from the infographic:
4648 app developers made >$1M across the iOS App Store and Google Play in 2016
Games continues to dominate with 81% of the revenues from ‘millionaire’ app developers
56% of ‘millionaire’ app revenues were outside the top 100 publishers
Almost 30,000 developers made >$100,000 on the app stores in 2016
The Millionaire’s Index showcases the continued growth of the mobile app marketplace and signals that it is maturing into a platform that is providing a meaningful revenue stream to a growing number of emerging business operating in the digital economy.
“The emergence of the torso of the app stores is good news for the app economy, showing that success on mobile is no longer the preserve of just the very top tier of developers.” says Martin Macmillan, CEO of Pollen VC. “It’s great to see emerging digital businesses from all corners of the earth play on a global stage empowered by a democratized app economy”.
Patrick Kane, CEO of Priori Data commented, “Although mobile gaming apps still mint the most millionaires, it is encouraging to see more non-gaming apps crossing the million dollar revenue threshold. It is a reflection of three major shifts in the last year: the stores have improved subscription products and economics for developers, developers have become more sophisticated in leveraging subscription business models, and consumers have embraced the changes and demonstrated a willingness to pay for great content and services beyond games.”
Pollen has also updated their LTV Financial Forecaster Tool. Allowing developers to calculate Lifetime Value (LTV) of mobile apps, helping establish if they can grow their app business using mobile advertising. The tool has proven to be an invaluable free resource for thousands of developers.
Visit the LTV Financial Forecaster Tool at https://ltvcalculator.pollen.vc
View the Millionaire’s Index infographic online here: https://goo.gl/c2Y7JD
Download the Millionaire’s Index infographic images here: https://goo.gl/C2Jcqo
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About Pollen Velocity Capital
Pollen Velocity Capital finances growth of high potential app and game developers. By providing mobile developers early access to their app store and advertising revenues, Pollen enables developers to scale quickly and efficiently through reinvestment of earned revenues into user acquisition. By providing a suite of modelling tools, Pollen also helps developers calculate Lifetime Value (LTV) of mobile apps and establish if paid marketing can be used as a strategy in order to scale.
Find out more at https://pollen.vc/
About Priori Data
Priori Data offers a powerful market intelligence platform that enables companies to build long-term winning strategies in the mobile app market. Utilizing a partner-first approach, Priori Data offers best-in-class data to provide a comprehensive picture of global consumer behavior with mobile apps. Priori Data’s products give users the ability to track, benchmark, and research the performance of any relevant mobile app or publisher, delivering critical competitive intelligence and market insights. With modular pricing and unparalleled service, Priori Data builds long-term relationships with the most ambitious companies on their path to mobile market success.
Find out more at https://prioridata.com/
Company Name: Pollen Velocity Capital
Contact Person: Benjamin PerLee
Country: United States