With the App Store and Google Play seemingly dominated by a handful of studios, many developers may believe there is little to no chance of generating significant revenue from the mobile space.
But a new infographic released by Pollen VC and Priori Data, entitled The App Developers Millionaires Index, claims that 1,887 app developers have made more than $1m over the last twelve months.
The revelation that 78 per cent of millionaire app developers are games creators may not come as a surprise to most devs, but the fact that you don’t need to be in Top Grossing Charts to make money might. According to the study, 45 per cent of all app store revenues are taking by companies outside of the Top 100.
Develop has the full story. Here’s an inforgraphic outlining the details: