Every business owner is confused about the cost of a mobile app. It is not a good idea to abandon the idea of a mobile application for your business.
Did you know? Globally, there are over 3.5 billion smartphone owners.
A mobile app can help you reach your audience and boost your business.
Are you worried about the cost of mobile app development?
Let me clarify, it is.No fixed price for developing an appIt depends on many factors such as app features, functionalities and skills of the developers team, their geolocation, tech stack, and other factors.
This is similar to buying a car. You won’t know the exact cost of a model until you choose it.
But, don’t worry, pal. This article will solve all your problems. By simply explaining the key factors, I tried to give you a better understanding of the cost of developing mobile apps.
The key points of the content:
- Statistics about the importance of mobile apps to businesses.
- What does it cost to build an app? Cost breakdown according to the type of app.
- Factors that affect the cost of mobile app development
These stats are related to the importance mobile apps for business
Mobile apps make our lives simpler and allow us to do everything in a few clicks. Mobile apps offer businesses a great opportunity to connect with their customers.
These stats will help you to understand why mobile apps are so important.
- According to the Business of Apps survey in 2017, there were 178 billion apps downloaded. It reached 194 billion in 2018, and continues to grow.
- Smart Insights’ report revealed that mobile users spend 2x as much time on their screens than desktop users. __S.25__
- According to a Buildfire report, 21% of millennials open apps 50+ times per days, while 49% used to open apps 11+ times per day.
- It is interesting to note that 57% all digital media usage is via mobile apps.
These figures should have helped you to understand the importance of a mobile app for business. Mobile apps are now an integral part of our daily lives.
However, the question of how much does it cost to create a mobile app still stands unanswered.
Many articles online promise to give you an exact estimate of the cost of app development. Did you ever find a satisfactory answer?
You are right, I’m afraid. You won’t be disappointed by this article.
Here we will discuss some major types of applications considered by startups, SMEs, and entrepreneurs
*Note: The cost and time are subjected to the number of features involved and may vary based on the same.
#1- Basic mobile utility app:
The basic mobile apps can function smoothly without any server components or access to the network. These apps aren’t in high demand due to their basic functionality.
These standalone apps have one advantage: they are inexpensive and can function without the need for a network. You can find the mobile settings apps and other apps that are required. These apps come with your cell phone and are just as important, if not more so, than an advanced app.
Average Development Price:$4000-6000*
Development Time 3-4 Weeks*
Common examples: Camera, files, clock, calendar.
#2- Data-driven Apps: mobile app development cost
Modern-day data-driven applications that use networks are the next type of app. These apps can be found on almost all devices. These apps are data-driven and require no login or verification.
I think you can hire mobile app developers from top mobile app development companies in India for such kinds of applications. These apps offer many functionalities such as account sync, user login, and other similar features.
A data-driven app can be a great investment if you have a limited budget and need to get your product out there quickly. Data-consumptions apps need a lightweight server to be developed.
Average Development Price:$5000-7500
Development Time4-6 Weeks*
Common examples:Weather forecasts, maps, stocks.
#3- Apps that require complex login functionality:
These kinds of apps are expensive and complicated because they require user authentication within the app. It includes push notifications, data syncing across devices, and collaborative features such as inviting friends and inviting them. If you are developing an app with a signup process and data storage over the cloud, authentication is a great option.
Starting at $10,000*
Time for Development:8-12 Weeks*
Common examples: Google drive
#4- Social Networking Apps: mobile app development cost
Did you know that social networking apps are dominating the market? Many of today’s top apps integrate social features which allow users to communicate with one another and share photos, videos, and texts. These apps allow users to expand their social networks and connect with others who share the same interests.
Social networking begins in2004. Social networking sites such as Instagram, Facebook, Orkut and Facebook all have the potential to capture users’ attention.
You may have noticed that while the idea of these apps is similar, the features they offer are different. Snapchat offers many innovative filters that can transform your photos and make them more engaging. Instagram, for instance, uses the function of IGTV.
Starting at $15,000*
Time for Development:8-20 Weeks*
Common examples areTwitter and Instagram.
#5 – A Custom App with Social Features and Login:
Uber, Instacart and Urban Company (formerly Urban Clap) are just a few examples.Mobile apps that can be customized on-demandThese apps are gaining popularity among both users and businesses. These apps are not only able to meet the immediate needs of users, but also integrate with advanced social features and user authentication.
The on-demand mobile apps are not like eCommerce apps. They offer two different user experiences within the same app. Additionally, custom apps can be built on both iOS and Android platforms.
Average Development Price: Starting at $15,000* and going up to any price
Development Time12-16 Weeks*
Common examples: Uber, Ola, Uber Eats, Zomato.
#6- eCommerce Mobile Apps:
It is hard to believe that eCommerce apps have not been trending in the Coronavirus Pandemic.
The market for handmade goods, such as furniture and masks, has boomed. The pandemic has caused a boom in the market for handmade goods, such as masks and furniture. Sales have soared to approximately146%Etsy’s marketplace.
Access to eCommerce apps is possible via user login or a social networking account. Users can shop from the extensive catalogs that they offer. These apps use APIs and web services for managing their services and customizing the app. Shopify, Magento and other CMS are used by some e-stores for their app.
Average Development Price: Starting at $15,000* and going up to any price
Development Time12-20 Weeks*
Examples:Amazon Flipkart and eBay
#7 – Augmented Reality and Virtual Reality Based Applications:
AR-VR is the newest trend in mobile apps. AR-based apps have been highly in demand since the launch of Pokemon GO.
AR-based apps allow you to take real photos and combine them with computer-generated animated images. These apps can take you to a whole new virtual world using a head-mounted display.
These applications are based on complex architectures, and therefore, you must consult a professional AR/VR development company for the flawless development of the application.
Average Development Price: Starting at $15,000* and going up to any price
16* Weeks of Development
Common examples Harry Potter Wizard, Pokemon Go, End Space.
These apps are the most popular and in demand applications that every enterprise and startup is looking at. These estimates are only estimates and can vary depending on the needs of each company.
Moving on to the next question: What are some of the main factors that impact the development cost? __S.110__
Major factors affecting the mobile app development cost:
This is something every business owner wants to know as there are many factors that affect the cost of mobile app development. Investors need to be aware of the major factors that impact the development cost.
#1 – Pre-development requirements:
This phase involves research and planning for the app you want to invest in. This phase includes the following: Estimating cost, deciding audience and goal, understanding targets, creating a backup plan for risks, prioritizing tasks, and prioritizing them.
Requirement engineers conduct the analysis by using brain-storming sessions and other questionnaires. The cost of this phase can range from $4,000 to $6,000. This depends on the time frame. Many good software consulting companies in India offer free consulting, which is a phase just before the requirement analysis.
#2- The development phase of the app:
- Development costs are influenced by the complexity of your app and how many features you want to include. The basic version will cost around $5,000 while the advanced version can run up to $70,000.
- The platform choice is also a key factor in the app’s cost structure. Although cross-platform apps can be more expensive, they will save you two different apps for Android users and iOS users.
- App developers charge between $15-$49 an hour. __S.126__
- The developers’ geolocation also plays an essential role as researchers say that business owners prefer Indian developers for software outsourcing due to their skills and budget-friendly rates.
- It is important to hire the right development team as each member of that team has a set hourly rate.
These rates are:
- Project head: $18-20 an hour
- App developers: $25-$49 per hour
- UI/UX Developers: $18-20 an Hour
- Backend developers: $20 per hour
- $20 an hour for QA engineers
- App maintenance specialists: $25 an hour
#3- Post-development phase:
This phase leaves us with two things 1. App support and maintenance and 2. Updation cycle for the app.
Conclusion: mobile app development cost
The most important factors that determine the app’s development cost are all the information and factors discussed in this blog. The cost of developing a mobile app will vary depending on the requirements and company that you choose.
If you still need help, you can get in touch with a software consulting company and get expert assistance. Only an expert can provide expert advice.
