Vr App Development Business

Vr App Development Business Success Stories [2024]

Pat Walls

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Updated: October 7th, 2024

The VR world is growing fast, and analysts predict that the industry will earn over $2.4 billion annually in the next few years.

Starting a VR app development business can be a profitable venture with high growth prospects. From web to mobile, VR Apps are quickly making their way into the mainstream and will soon become a reality! These apps use the power of VR to allow users to experience what V has to offer, including but not limited to gaming, healthcare, and education, among others. You will find VR apps on Mac/PC, Android, iPhone, and Xbox 360.

VR apps are driving revenue and will be a critical industry for mobile apps. If you are passionate about VR and you have some coding experience, consider turning your passion and skills into a profitable business of developing VR apps.

In this list, you'll find real-world vr app development business success stories and very profitable examples of starting a vr app development business that makes money.

1. Dreamonkey ($360K/year)

Federico Schianchi and his four partners started Dreamonkey after their first project, Check Your Life, failed to take off. With their expertise in web app development and industrial IoT, they shifted their focus to selling their services to enterprise-level customers, leading to a constant growth of 50% per year and revenue of $300K.

How much money it makes: $360K/year
How much did it cost to start: $40K
How many people on the team: 2

How We Started A $360K/Year Software House [From Italy]

Italian software company Dreamonkey grew from $90k to $300k in revenue with a constant growth rate of 50% per year, thanks to their focus on high-quality web development, industrial IoT, and open-source software development for web developers.

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