28 Apr 2022
Updated on January 3rd, 2023
How Much Does It Cost to Develop a Mobile App?
‘How much is the entire mobile app development cost’ is the primary question asked by business owners or entrepreneurs looking forward to digitizing their business.
Sure, we agree that every item comes with a price tag, but unsurprisingly, it is not the case with mobile app development since it doesn’t have a definite expense.
For instance, think of a smartphone that you must have last purchased. Did you compare the prices before buying the same? The possibility is also that the price varies due to the difference in elements.
Getting back to figuring out the app development cost, it demands investment, and a high budget must be set to develop an app that reaps you higher ROI in the future.
Additionally, app development expenses depend on numerous factors; therefore, it can be hard to define the figure if you’re doing it for the first time.
But don’t worry, we have got you covered! This article will precisely talk about the factors that influence the pricing of app development.
So, let’s get started?
Factors That Determine the Overall App Development Expense
Some of the significant factors that shapes the cost of mobile app development are:
1. Application Type
In today’s world, there’s a mobile app for everything! For any activity from grocery shopping to healthcare, consumers reach out to their smartphones and download a certain app to get the job done. Therefore, it is one of the reasons that entrepreneurs opt to shift their business online!
Notably, app development of each domain varies; therefore, the amount you’re going to invest in the process depends on the application type. Some of the most popular apps are:
- Basic apps like calculators, clocks, etc.
- Data-driven apps like maps, weather forecasts, etc.
- Social media app
- E-commerce app
- On-demand app
2. Developer Type and Location
App development cost also varies with the vendor’s location and type of development service. For instance, three primary vendors are: small firms, specialist companies, and massive agencies.
- Small firms usually comprise freelancers who might be capable enough to develop basic apps; however, they may lack extended knowledge on dealing with the complexities. Therefore, mobile app development costs may be low!
- Specialist companies emphasize software development that provides every little detail on the project. These companies can be a tad expensive; however, the results delivered are of the utmost quality.
- Large agencies have a brood of high-skilled professionals and have the highest development costs due to their not-compromising-with-any-detail nature.
As mentioned earlier, the vendor’s location is another factor to consider while estimating the app development cost. For instance, the average developer’s cost in the US is $100-150 per hour, while in Western Europe it is $46-$100 per hour.
3. Complexity of the App and Features Integrated
Talking about the app features, the more the features are added, the higher will be the cost. On the other hand, complexity of the app is another crucial factor in determining the overall expense.
Many entrepreneurs chose to incorporate technologies like Artificial Intelligence, Blockchain, etc., which boosts the complexity of the project, leading to higher prices.
4. Complication of UX/UI Design
It has become more crucial than ever to emphasize users’ demands and desires. Therefore, developers prioritize user experience, like simple navigation, high performance, etc., during the app development.
Additionally, the custom app development cost is calculated based on personalized UI/UX design, including buttons, fonts, etc.
5. Maintenance and Support
The app developer’s job does not end as soon as the app is developed and launched, but it starts after the same.
The objective behind app development for a business is to enable boosted sales. Therefore, if the app is abandoned post-launch, the software will be outdated.
The solution is to keep a check on maintenance, bug fixing, updates, etc., for continuous insights to work on the same. If done accurately, it will also help the business by keeping its customers hooked to the application.
Any worthy app development company would emphasize the growth and development of your business by developing an efficient product.
Therefore, if you have a flawless app idea and want to discuss it with the professionals, schedule a consultation with the best mobile app development company by following the steps mentioned above.
So, are you all set?
Need detailed insights on cost of app development? Hear from our industry expert!