With Facebook, Google and Apple investing billions in Augmented/Virtual Reality and Artificial Intelligence projects, you can hardly impress the big boys with another Clash of Clans clone.īut what if you have the next Instagram up your sleeve? That’s right, no one really wants your app. Through 2018, less than 0.01% of mobile apps will be considered commercially successful by their vendors.Although the average US adult spends almost two and a half hours a day in apps (that’s 20% of the total media time), the number of apps being used on a regular basis continues to decline (with streaming services, messengers and social networking applications taking the lead).75% of US smartphone owners download just 1 app per month.About 50 thousand new apps hit the App Store every month.The number of apps on the App Store and Google Play has already surpassed 5 million.What’s next?įirst and foremost, don’t count your chickens before they hatch. What does it really take to sell an app idea? I have an app idea I want to sell. It’s no wonder every Tom, Dick and Harry believes he can easily pitch his app idea to Google and drawn in cash. There are 1,000+ stories about self-made app millionaires like Nick D’Aloisio (Summly) and Sergey Gonchar (MSQRD), who sold their apps to IT tycoons floating around the Internet.
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