The growth in the mobile app market is particularly exciting, with 194 billion consumer app downloads in 20182.
According to Sensor Tower, global mobile app revenue grew 23% in 2018 to more than US$71 billion3. App Annie estimates that global mobile app revenue to exceed US$120 billion by 20194.
Application developers in Singapore have the highest salaries across Southeast Asia as they earn S$99,600 a year on average, a study by venture capital (VC) firm Monk’s Hill Ventures and tech start-up Slush Singapore5.
The report noted that LinkedIn saw 1,119 job vacancies in Singapore and cited that 20 major international tech firms have their SEA offices in the Lion City, including Apple, Facebook, Netflix, Paypal and Twitter, amongst others5.
Annual average salary of an app developer6
Consumer app downloads in 20182
Global mobile app revenue by 20194