High monetization rate

65% of IoT apps are generating real sales

JAXenter Editorial Team
Assembly image via Shutterstock

According to a recent study on IoT apps commissioned by Progress, 65% of them are able to generate real sales. The majority of IoT solutions included in this group can be found in the fields of smart home, wearables and sports and fitness.

The application infrastructure software provider Progress has announced the results of a study commissioned in conjunction with Harbor Research, showing that 65% of IoT apps in production generate real revenue. The developers surveyed expect further estimates will grow to as much as 80% by 2018.

While we currently have solutions for the smart home (19%), wearables (13%) and sports and fitness (11%) as the dominant players, it’s been projected in assessments that the health sector (14%), smart cities (13%) and the automotive industry (12%) will be gaining significant traction within the next three to five years.

Preferred languages ​​and technologies

With regard to the evaluation of projects and the technologies used, the study allows for some interesting insights. Android, with 29%, is by far the most popular OS for IoT app development, followed by Windows (24%), Linux (21%) and iOS (16%).

In the used languages ​​and platforms that serve the server-side collection and integration of data, the front-runner is clearly determined: A whopping 55% of surveyed developers prefer Java. PHP and Node.js follow at a distance in 2nd and 3rd place with 17% and 12% respectively. After all, 40% of all respondents are almost always using Rapid Application Development Tool for app creation purposes.

Data protection and privacy as major challenges

The most important challenges currently related to IoT app developers were listed as the protection of privacy, open and interoperable standards, as well as security and the protection of data against cyber attacks. Commercial suppliers (31%) and the open source community (24%) trust that developers will most likely meet these challenges.

Authorities and industry associations, however, are not so confident: only 7-8% of respondents believed that they could make a meaningful contribution.

Missing technologies, skills and tools

Many of the study participants have the impression that they still don’t have the technology necessary (50%), skills (50%) or tools (45%) to realise the full potential of booming IoT adoption. Another 30% of developers also share the feeling that they are overwhelmed by the flood of data that is needed for contextual IoT apps.

The complete report can be download via registration at Progress. For the study, a total of 675 app developers from seven countries (USA, UK, Germany, France, Sweden, Netherlands and India) were interviewed.

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