Estimated read time: 4-5 minutes
When it comes to mobile apps, most people think of giants like Instagram, TikTok, or Uber. While these household names dominate headlines and app store rankings, a whole world of lesser-known apps are quietly generating millions in revenue.
These hidden gems might not be on your radar, but they've tapped into unique niches, offering tremendous value to their users. Lehi-based AppsTango is a local company that helps visionary entrepreneurs build game-changing apps like these.
Here are some of 2024's most profitable apps that you've probably never heard of.
Strides: Habit tracker
While many habit-tracking apps exist, Strides has carved out a niche by focusing on highly customizable goal-setting and data analytics. Generating revenue through premium subscriptions, this app is a favorite among professionals and students aiming to improve productivity. By leveraging a freemium model, Strides has converted millions of downloads into a reliable income stream.
Why it's profitable: Strides capitalizes on a growing demand for self-improvement tools, offering value-added analytics and insights that users are willing to pay for through subscriptions. Its freemium model also ensures a steady influx of new users.
What you can learn: Simplicity and data-driven features attract loyal users. AppsTango's team can help you incorporate similar monetization strategies into your app idea.
Forest: Stay focused
Who knew planting virtual trees could be so profitable? Forest is a productivity app that gamifies focus sessions by allowing users to grow digital forests as they complete tasks. Users can also spend in-app currency to plant real trees, blending social impact with engagement. The combination of one-time purchases and in-app transactions has helped it rake in substantial revenue.
Why it's profitable: Forest's gamification strategy makes it addictive and engaging, while its focus on environmental impact taps into users' ethical values. This dual appeal has made its revenue streams from purchases and partnerships particularly strong.
What you can learn: Unique concepts that connect with emotional and ethical values drive user engagement. AppsTango specializes in creating innovative, mission-driven apps just like Forest.
Photomath: Math explained
If you're a student or parent Photomath might already be on your radar. This app simplifies math by allowing users to scan equations and receive step-by-step solutions. Its premium model — offering advanced explanations and features — has made it a multi-million-dollar venture.
Why it's profitable: Photomath solves a universal and recurring problem — math comprehension. Its scalability and ability to monetize advanced features make it a consistent revenue generator.
What you can learn: Solve a common problem effectively and users will pay for enhanced functionality. AppsTango's team excels in developing problem-solving apps with scalable architectures.
Sweatcoin: Walk and win
Fitness meets finance with Sweatcoin, an app that rewards users for walking. By offering a currency that can be redeemed for products or services, Sweatcoin creates a win-win for advertisers and users alike. Its revenue streams include partnerships with brands and in-app purchases.
Why it's profitable: Sweatcoin combines health incentives with financial rewards, creating a highly engaging user experience. Partnerships with brands further diversify its income sources, ensuring sustainable profitability.
What you can learn: Gamification and rewards systems increase user retention. AppsTango can help you design engaging apps with similar features to drive user loyalty.
GoodNotes 5: Note taking re-imagined
This digital notebook app has transformed note-taking for students and professionals. By offering a robust one-time purchase model and a seamless user experience, GoodNotes 5 has become one of the top-grossing apps in its category.
Why it's profitable: GoodNotes 5's focus on quality and functionality justifies its premium pricing, while its simple one-time purchase model ensures steady revenue without alienating users with ongoing fees.
What you can learn: Focus on intuitive design and functionality to command a premium price. AppsTango's expertise in UI/UX ensures that your app is as user-friendly and profitable as GoodNotes.
How AppsTango can help you build the next big app
The success of these lesser-known apps proves there is still plenty of opportunity in the app development space. Whether you're targeting a niche market or solving a specific problem, having the right development partner is crucial.
AppsTango specializes in turning your app ideas into reality. Its team of expert developers, designers and strategists work closely with you to:
- Define your vision: AppsTsango helps you pinpoint your target audience and refine your app's purpose.
- Build your app: Using cutting-edge technologies, AppsTango creates scalable, user-friendly apps tailored to your needs.
- Monetize effectively: From subscription models to in-app purchases, AppsTango guides you in selecting the most profitable revenue streams.
- Launch and grow: AppsTango supports you through every stage, from development to launch and beyond, ensuring your app achieves its full potential.
Ready to create the next hidden gem?
The apps featured in this article started with a simple idea and the right execution. Could your app idea be next? With AppsTango by your side, the possibilities are limitless. Let AppsTango help you build an app that not only solves a problem but becomes one of the most profitable and impactful tools of the future.
Visit AppsTango to get started on your journey today!