In a new study titled “Small Business Developers and App Creators on the App Store in 2022,” Analysis Group economists found that revenue growth for small developers active on the storefront since 2020 exceeded that of large developers as these entrepreneurs identified new ways to tap into the needs of their users. In Europe, these developers saw an increase of 64 percent in earnings, with significant revenue growth in countries including France (122 percent), the United Kingdom (58 percent), and Germany (37 percent).Įntrepreneurs Find New Possibilities and Global Growth
With the support of a wide range of App Store tools and initiatives, small developers globally - defined as those earning up to $1 million a year and with fewer than 1 million annual downloads - grew their revenue 71 percent between 20.
Small developers on the App Store grew revenue by 64 percent over the past two yearsĪn independent study found resilience in small developers, whose growth outpaces large developersĪn independent study conducted by economists at Analysis Group found that small developers on the App Store grew their businesses and reached more customers around the world, even outpacing larger developers.
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