State government, local businesses, and app developers are all excited about Mississippi’s app industry. The Mississippi Department of Employment Security estimates that between 2012 and 2022, app developers will increase their numbers by 19 percent, a much higher rate than the state’s average job growth for the 2010-2020 period, which is just 6.8 percent. That comes on the heels of more than a 50 percent growth rate in app developer jobs statewide that occurred between 2010 and 2014, according to statistics released by the Bureau of Labor Statistics (BLS). Today the average annual salary for app developers in Mississippi is $83,720.
While business traditionally shows the most enthusiasm for the app industry, it is not the only sector that is supporting app developers in Mississippi. In 2015 lawmakers introduced House Bill Number 1638 in the state legislature that would create a tax incentive for businesses to use mobile apps. Specifically, the Bill would create a $1,200 income tax credit for businesses that create their own mobile app for business development, or who contract with a mobile app company for the creation of mobile apps for that purpose.
Mobile app developers enjoy support like this in Mississippi in part because of the revenue these professionals generate. The main industry trade group for the wireless communication sector CTIA estimates that Mississippi’s app industry generates $17 million each year. Today’s success of the state’s app industry has a lot to do with infrastructure developments that have been taking place over the past decade.
Background of the Magnolia State’s App Industry
Mississippi’s mobile app market has been fostered by recent developments in the state’s wireless networks and internet speed. Between 2009 to the beginning of 2014, the FCC reported that residential internet connections increased more than threefold from 622,000 to 2.08 million. In 2015 the FCC reported that 57.4 of all Mississippi residents connect to the internet via broadband. In 2013 the White House released a report detailing that up to 60 percent of rural Mississippi residents had access to internet speeds of at least 25 Mbps, a number that has undoubtedly grown since.
These innovations have made it possible for recent FCC findings which estimate there are more than 1.54 million mobile wireless devices such as smart phone in circulation throughout Mississippi today.