Find your app development cost

It is anticipated that there will be 6.8 billion smartphone users worldwide in 2023, and by 2025, $613 billion in revenue is expected to be generated through mobile apps. So, the sensational approach of mobile apps in the market is now on the go. Creating an app is a long, complex process with a costly investment. World-famous apps like Tinder cost around $40,000, Uber around $50,000, and TikTok around $80,000. This indicates a rough estimation of the involved costs for similar types of app developments. The price varies based on the requirements, complexity level, and timeline of your app.

The stages of the life circle of an app are the project analytics phase, UI/UX design phase, development and app architecture phase, and app launch phase. After deployment, there will be a post-deployment phase and a maintenance phase. So, every phase involves a cost. This article will be a guideline that will break down the main areas of consideration to work on a mobile app development budget.

1.      Type of App

Determining your type of app is one of the main factors to consider. There are main three categories; Native, Web, and Hybrid apps. Each type is different based on its requirements, business logic, and functionalities. A native app is a software programme built for use on a particular platform or device and this requires high up-front costs. A web app is stored on a remote server and delivered over the internet through a browser interface. This type of app involves low up-front costs. Then a hybrid app is a blend of both native and web solutions and it has medium up-front costs. Deciding the right type of your app will be the stepping stone to getting a clear idea about the initial cost estimation.

2.      App Features

Including a number of features or the complexity of an app leads to an increment in the cost. It is necessary to decide the implementation of some common features like screens, buttons, interfaces, and integrations of a product app. Feature-based apps can be categorized as simple apps, average apps, and complex apps. Simple apps like calculator apps, time tracking apps, notes apps, and camera apps have a login, signup, profile making and editing and search, etc. as features. Food delivery apps, dating apps, and music apps are average apps and they are fully equipped with real-time messaging, payment portals, in-app purchases, social media integration, etc. features. Data synchronization, online streaming, in-app calls/ video chat, and native features are commonly found in complex apps like social network apps, gaming apps, enterprise apps, and customized CRM apps. Consideration of additional features will directly impact the expenses.

3.      Available support platforms

Paying attention to the right platform to publish your app is a vital aspect because it is the place where the app is gaining recognition in public and reaching its target audience. If the app is dedicated to Android users, Google normally charges a one-off $25 payment to upload your app + 30% of purchases made through the app. On the other hand, for iOS users, Apple charges an annual membership fee of $USD99/ to register for the Apple developer program +30% of purchases made through the app.

      4.   Level of Polish

This is also another important area of consideration. In simple words, polish is there to distinguish good software from great software and when we say something is “polished” it means that it is free from sharp edges, even the small ones. Depending on the requirements, the application of polish can be considered for different aspects of an app to improve its functionality. The more polish you apply, the greater the expenses will be.

5. Hiring the right skillsets

Your app is a big investment and a handsome return with fruitful results on the other hand is also expected. The job role done by the app development team matters a lot here. So, it is always wise to consider outsourcing skills rather than having an internal team to fulfill the project because app development costs and rates are more affordable in certain regions than in others. Not only that, but this also is beneficial for making the most of IT top experts around the world and technology stack, retaining flexibility and scalability easily.

Apart from these factors, additional costs can incur mainly for infrastructure, functionality, maintenance, marketing, etc. of your app before and after launching.

Thus, in conclusion, it is crucial to have a clear and holistic approach to the full expenses that are involved in the app development process and the above points will bring you to the limelight to plan up your next app development project wisely and smartly.