Mobile App Development Cost

The question that many businesses and app developers ask themselves is how much it will cost to develop an application before the actual project begins. We have two options that the owner might take i.e. hiring a professional to do the job or making the application himself. The two approaches have their pros and cons. We will review both of them to shed some light on how each impacts development cost.

After many years on the market, the app development company accumulated extensive experience in mobile development for multiple platforms. Sometimes application projects tend to be complicated, involving ML, IoT, AI, and other advanced mobile tech. Being smart, the app development companies learn from mistakes done on app projects hence working with such a team would protect you from repeating the same mistake. App development is a multi-step process that involves careful planning with a proper timeline that is based on previous experience.

?If the owner decides to develop the mobile app in-house, one can decrease app development cost, initially, because, over time, one has to go through bug fixing which is caused by lack of experience, you can catch up with the price tag you would get from an app Development Company if you decide to hire one.

So application development cost comes down to:

i)???????????????App purpose and functionality – what an app will be capable to do for its users.

ii)?????????????Mobile devices and platforms supported – this is whether the app will be developed for IOS only or has an android version.

What specific devices will it support e.g. iPhone 12 Mini, iPhone 12, Samsung Galaxy S10 Plus etc.

iii)???????????Use of visual objects – Visual objects complexity inside of an app will significantly influence the cost.

iv)????????????Integration points?- If the app will be integrated with third-party apps that will be the content source.

v)?????????????Maintenance plan – Once the development process is done, the app will require technical support from its developer.

vi)????????????Use of smartphone hardware feature – if the app will be using features like NFC technology, GPS navigation, Augment Reality tech, motion co-processor, and other technologies which are packed into smartphones.

Taking into consideration the features mentioned above, the app development cost can be broken down into the following 3 categories.

a)????Simple application development price tag - $5,000 - $40,000

b)????Medium complexity application development price tag - $41,000 - $100,000

c)?????Complex application development price tag -$100,000+

d)?????Cost of hiring an app developer - $20,000/year

Several years ago, we had differences in app development cost between two major mobile platforms i.e. Android and IOS. Today, according to multiple research conducted by established companies, this difference is not significant. Currently, the major factor is mobile app complexity, which can be arbitrarily defined as – simple, medium, and complex.

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