ACT releases their State of the App Economy report

Posted on Friday, April 21, 2017 by RICHARD HARRIS, Executive Editor

ACT | The App Association released its fifth edition �State of the App Economy� report, which provides a snapshot of the trends driving and defining the dynamic app ecosystem. Mobile apps are a component of nearly every enterprise and consumer-facing industry and have impacted every sector of the American economy, in every congressional district.

�The app economy is part of a $143 billion ecosystem that has fundamentally changed the way we live and work,� said App Association President Morgan Reed. �Coupled with the remarkable connectivity of consumers around the globe, apps are driving innovations in all industries and supporting economic and job growth across the United States.�

Key findings:

- The app ecosystem is worth more than $143 billion.

- 83 percent of successful app companies are located outside of Silicon Valley.

- Recently, the app economy added 110,000 software application developer jobs to the American workforce.

- 500,000 computing jobs remain unfilled, leaving huge job opportunities across the country.

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