Table of Contents
June 15, 2023
June 15, 2023
Table of Contents
Did you know that by the end of 2022, there were 1.64 million apps available on the Apple App Store and more than 3.5 million apps on the Google Play Store? The number is increasing day by day at an exponential rate. Clearly, people are relying on mobile solutions now more than ever. According to the survey conducted by Statista, mobile app users have spent USD 33.7 billion in the first quarter of 2023 globally. This shows that investing in mobile apps is no longer an option but a necessity.
Many businesses want to invest in mobile apps, however, the idea is stalled as they know nothing about the investment amount. Are you an entrepreneur looking for an answer to ‘How much does mobile app development cost?’
This guide is designed to give you a detailed answer along with some more useful information. We’ll look at the factors that affect the cost of developing a mobile app and how you can save money on the app development process.
So, let’s begin…!!
After analyzing the current market trends and statistics, the average mobile app development cost in 2024 can start from $10,000 to $350,000 and may go up to $500,000. The number can also increase or decrease depending on the level of customization, features, and design required.
Don’t worry, we’ve done a thorough analysis of all the essential elements that influence the cost of mobile app development. After getting knowledge of these factors, you’ll be able to determine an estimated budget for your project.
The actual answer to ‘how much does it cost to develop a mobile app’ resides in the number of hours and hard work required in different stages of mobile app development.
Let’s go through the app development cost of some of the popular mobile apps in the market today.
Here we will talk about some of the most famous and loved mobile apps by customers. They have redefined the concept of User Experience and are at the top of their game. Also, keep in mind that the app development expenses below are averages and not exact values.
Uber is a platform that has made life easier for people by allowing them to book and share rides/cabs, deliver food, and complete local deliveries. The app has an embedded geolocation feature to provide personalized and quick services. The average cost of developing an Uber-like app can be between $30,000 to $950,000.
Netflix is a leading OTT streaming platform. It delivers video content i.e., movies and web shows directly to customers over the Internet. The average cost of developing a Netflix-like app would be somewhere between $25,000 to $300,000.
WhatsApp is a messaging app that allows users to connect and share messages, videos, pictures, and other types of content around the world. More than 2.24 billion people worldwide use WhatsApp monthly. The average cost of developing a Whatsapp-like app would be between $30,000- $80,000.
Statista reveals that as of the first quarter of 2023, Snapchat had 383 million daily active users from across the world. Snapchat is a game-changing app and also brings the power of AR into its filters and interactive lenses. The average cost of developing Snapchat-like apps is between $35,000 to $100,000.
Mobile app development expenses vary depending on multiple factors. The knowledge of these factors will help you make cost-effective decisions and save money. So, let’s dive into the major factors affecting the cost of Android and iOS app development services.
1. Complexity Of Mobile App
The mobile app development pricing is directly proportional to its complexity level. There are three types of apps based on the complexity level:
2. Type Of Mobile App
Mobile app development cost varies a lot for one or the other category. With the change in category, the features, functionalities, safety parameters, and many more things also change. Here we are going to discuss some top categories of mobile app development:
3. Design of Mobile App
Moving on with ‘how much does it cost to create an app,’ understand that appealing UI is essential to attract and hook customers. You need to focus and design the app as per users’ needs to ensure that they spend more time on your app. The mobile app development cost fluctuates depending on the target customers. Further, it depends on the number of screens, custom visual elements, and complexity of the design.
Here are some things that you need to consider while estimating the app development cost:
UX design is all about the way an application works. The purpose is to create a user-friendly and engaging design that guides as well as persuades users to take the intended action. This includes CTA placement, color psychology, and designing UI as per the perspective of target audiences.
The look of the app plays an important role in attracting viewers and converting them into potential customers. The cost of app development also depends on the type of visual elements used and how they are used. This also influences the cost of MVP development. It is suggested to develop a mockup or prototype, get validation or feedback, and then follow it for the actual design of the app. This will help you save money as well as time.
The app design depends on the purpose i.e., what actually you want to gain from the app. It could be engagement, sales, leads information, or more. Another thing that influences the app design is the type of app you are going to develop be it basic, social media, e-commerce, real estate, etc.
4. App Features & Functionalities
The Android or iOS app development cost highly depends on the features and functionalities you want to embed in them. Mobile app development expenses keep on increasing with the addition of new features or functionalities. This is why rapid prototyping in mobile app development is considered beneficial. This helps save money and time and get validation from customers before the actual development.
Mobile App Development Cost Breakdown Based On Integration of Advance Features
5. Platform For App Development
Whenever you start planning to get a mobile app for your business, an important task is to choose the right platform for app development. After evaluating your target audience, you can decide to build either an Android, web, iOS, or cross-platform mobile app. If you are a startup owner and have less budget for app development, you should start with one platform and upgrade to more in the future.
Some popular mobile app development frameworks for app development include native, cross-platform, and hybrid
6. App Maintenance
Mobile app development costs do not stop at the end of the development process. If you are building an app to get business for a long time, you need to invest in its maintenance too. To meet the ever-changing needs of customers, it is crucial to update your apps and add new required features. The maintenance of an app includes removing bugs or errors, changing design or content, adding new features, integrating new tools, etc. The average cost of mobile app maintenance is 20% of the complete app development costs.
Also Explore: Top Mobile App Development Companies
This section focuses on the hidden factors that affect the cost of developing a mobile app. Having knowledge of these factors will help you save uncertain expenses and time. Let’s have a look at these factors without wasting time anymore:
These are some points where you should and have to invest your money. So, it is better to get a detailed understanding to make informed decisions.
How much does it cost to develop an app, then? Well, there isn’t a simple answer to this question. When you think about all the factors, you should be able to get a pretty good idea of how much it will cost to make your app idea a reality.
If you still think it’s hard to figure out how much a mobile app will cost in the end, you can talk to experts at a reputable mobile app development company like Debut Infotech, who can give you a detailed cost estimate for mobile app development services.
So, if you want to get an idea of how much it will cost to make an app for your business, get in touch with our experts.
The cost of mobile app development depends on factors such as app complexity, platform (iOS, Android, or both), design requirements, features, technology stack, and the development team’s location and expertise.
A basic mobile app typically costs between $10,000 to $50,000, depending on the features and functionality. The price may vary based on the developer’s hourly rates and the app’s overall complexity.
Cross-platform app development allows developers to write a single codebase for multiple platforms, reducing time and costs compared to developing separate apps for iOS and Android.
The timeline for mobile app development can range from 3 to 9 months, depending on the app’s complexity, features, and design requirements.
Yes, you can reduce costs by prioritizing essential features, choosing a minimum viable product (MVP) approach, and leveraging open-source tools or pre-built components.
Yes, app design significantly impacts the cost. A more complex and visually appealing design with custom animations or user interface elements will increase development costs.
Consider factors like the team’s experience, portfolio, client reviews, expertise in your industry, and communication style to ensure they align with your project requirements and budget.
Hidden costs can include app store fees, third-party integrations, licensing, testing, marketing, and ongoing updates. Discuss these upfront with your development team.
Collaborate with an experienced app development company to create a detailed project scope, prioritize features, and get a precise cost estimate based on your requirements.
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