How Much Do Developers Make Every Year? Glean Insights

In the rapidly growing IT market, there is an aspect that makes always intrigues people - how much do app developers make? Indeed, this question worth giving attention to.

While the mobile application ecosystem is expanding and growing, technologies like Machine Learning, AI, IoT and more are joining this league. Altogether, the number of application developers is also growing, as people think that this is the most profitable stream where one can earn a lot.

It is expected that by 2020, the total number of global app developers will hit the mark up to 14 million, which is currently 12m. With this number, indeed a single question arises that how much an app developer earns yearly, or what could be his salary.

Here are some speculations that will shed light on it. 

iOS Developer Salary 

If I talk about app developer's earning on the scale of per hour, then North America rules the chart with the highest pay statistics. In this region, the mobile app developers ask $150 per hour, where Indonesia shows a huge decline in cost. In Indonesia, the cost goes around & 10 per hour. In fact, US and Australia are the two countries with the highest app developers' payment, as here developers cost more than $100 for one hour only. 

If you will see the annual salary of a beginner (0-5 years of experience) iOS developer, it goes beyond $80K for a year. While experienced developers with 5-10 years of experience earn $20-40k additionally.

Android Developer Salary 

The stats show similar inclination, but the amount exceeds the former. The hourly rate in North America goes up to-$168, while in India it varies at the bottom with $26 per hour. Rather, South America and Eastern Europe have the ration of $35/ hour and United Kingdom has $70/ hour.

These prices show how the market is profitable, though the decline is expected as the number of developers is growing at a constant pace.

Surely, from the above explanation, it would be clear that how much do developers make yearly. If you are seeking developers aid to bring your app idea into reality, you can get the best developers in different ranges though you would have to compromise on the region. At Techugo, we are providing both iOS and Android app development cost at a cost-effective price. To secure a great app solution, get in touch with us.