Infographics

Creating an App? Know Your Competition First. (Infographic)

Creating an App? Know Your Competition First. (Infographic)
Image credit: LDProd | Getty Images
1 min read

Eager to launch your own app? Before you do, assess your competition. Having a solid understanding of the competitive landscape is vital to the success of your idea.

A recent study by ROKO Labs revealed interesting findings on app competition, taking into account location, monetization methods and app type. Studying more than 8,500 app company profiles from CrunchBase, ROKO found that San Francisco and New York are the top two cities for apps.

From subscriptions to ads to transaction fees, you need to figure out the best way for your app to make money. Check out the infographic below to discover the top 10 types of apps so you can differentiate yours and “build a competitive advantage.”

More from Entrepreneur

Kathleen, Founder and CEO of Grayce & Co, a media and marketing consultancy, can help you develop a brand strategy, build marketing campaigns and learn how to balance work and life.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Create your business plan in half the time with twice the impact using Entrepreneur's BIZ PLANNING PLUS powered by LivePlan. Try risk free for 60 days.

Latest on Entrepreneur