7 Vr App Development Business Success Stories [2024]

Updated: November 1st, 2023
Start A Vr App Development Business

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.

Here are some real life success stories of starting a vr app development business:

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 they make: $360K/year
How much did it cost to start: $40K
Current team size: 2

article

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.

About
Federico started Dreamonkey about 6 years ago
Revenue
Federico grew the business to $30K/month
Costs
It cost Federico $40000 to start the business
Read by 1,787 founders

Learn more about starting a vr app development business:

Where to start?

-> How much does it cost to start a vr app development business?
-> Pros and cons of a vr app development business

Need inspiration?

-> Examples of established vr app development business

Other resources

2. Lymb io ($45K/year)

How much they make: $45K/year
Current team size: 28

article

B2B hardware plus SaaS business breaks $4.5m in sales volume, super sticky SaaS revenues

LYMB.iO founder Markos Aristides Kern creates interactive digital games that require physical activity, combining gaming and sports to gamify the world and increase physical activity, having sold over 1000 gaming units globally.

About
Markos started Lymb io about 8 years ago
Revenue
Markos grew the business to $3.75K/month
Read by 535 founders

5. The NineHertz

Top mobile app development company in India, USA developed 600 android/iOS apps, web design and development for fortune 500 clients. Hire top app developer.

6. ELEKS

ELEKS is a trusted global company that provides full-cycle software engineering outsourcing services, from ideation to finished products.

Where they're located: Las Vegas, Nevada, USA
Website traffic: 260K/month

article

7. usmarshals.gov

U.S. Marshals and their Deputies have served for more than 200 years as the instruments of civil authority by all three branches of the U.S. government.

Where they're located: Corpus Christi, Texas, USA
Website traffic: 200K/month

article