Home-based businesses driving $2.5 billion software market

Submitted by acohill on Fri, 08/28/2009 - 08:21

This story says that software for the Apple iPhone and iPod Touch has grown to $2.5 billion. This is a market that did not exist just two years ago. What the article does not mention is that most of the programmers writing and selling software for the iPhone are working from home, and many of those businesses are making hundreds of thousands of dollars per year.

This is where broadband becomes important. These home-based software businesses have to have reliable, high performance broadband connections--to coordinate activities with other programmers and co-workers also working with home, to upload and download software, and to access online business services (e.g. accounting, printing, etc.) that enables these work from businesses.

Economic developers: What is your strategy for attracting these new home-based businesses? Are you working with local builders and developers to ensure that "Internet ready" homes are available? Are you supporting a regional effort to improve access and affordability of broadband? Do you have a virtual business incubator that is designed to help home-based entrepreneurs grow successfully?

Communities that market their quality of life, their recreational resources, and that have open access broadband have a recipe for growth.