How Much Does It Cost to Develop a Mobile App
Creating an application can be an exciting but challenging task, mainly if you’re unfamiliar with the procedure and cannot assume the costs of developing an application for your company. In reality, nobody can provide an accurate estimation without knowing about your business, its goals for business, your app features to flow, user flow, and budgets.
Tackling the process of developing without an organized plan isn’t likely to lead you to be successful. This article will discuss the cost of developing apps and the best way to cut them down.
What is the Cost of Creating an App by 2022?
A basic mobile app for one platform costs between $25,000 and $50,000
The development team (developers, Scrum Master) will be able to log between 325 and 700 hours of work.
QA, the primary recommended plan for these apps, comprises fifty hours of QA expert work each month.
The development time is 4-9 weeks, assuming you have two developers on your platform.
“Basic app” means an MVP app “basic app,” we refer to an MVP application: being able to see the simple features with basic business logic
comprising up to 5 screens, with a basic user interface without any custom elements.
These types of apps are usually developed by companies looking to establish their marketability.
Medium-complexity apps for one platform costs between $50,000 and $100,000
The development team (developers, Scrum Master) will work between 650 and 1100 hours. The extended plan for QA suggested for this type of app includes the equivalent of 80 hours of expert QA work each month.
The development process will take about 10-15 weeks (approximately 2 to 3 months) If you have two developers per platform.
“Medium-complexity App” refers to an app “medium-complexity app” we refer to an app as:
comprising a couple of complex features that use intermediate business logic comprising about 6-15 screens With some custom UI elements and animations with localization up to two with localization in up two.
A complex app for one platform can cost more than $100,000
The development team (developers, Scrum Master) will record more than 1100 hours. QA Enterprise plan recommended for these kinds of applications includes the equivalent of QA expert work each month.
The development should last at least 16 months (more than three months) If you have two developers per platform.
“Complex App” refers to an app “complex app” we are referring to an application: that includes many sophisticated features that use advanced business logic comprising over 15 screens With fully customized UI and advanced animations with a vast a large user of a large base (multilingual), that require a complex structure, multiple integrations or need, to meet the high-security demands.
This estimate is intended to know how much it costs to build an app for mobile devices.
Type of Application
Let’s look at the different applications and figure out their cost average.
Simple apps such as clocks, calculators, and more miniature games are the most affordable applications to create. They do not require networking connections or backend programming, and they take around an entire month to develop. These kinds of applications aren’t prevalent today.
Basic app development cost: $10,000 – 15,000
Examples of a classic To-Do application in which users record all the things they’d like to complete. A quiz application that lets users assess their abilities by answering questions.
Data-driven apps include such as maps, calendars as well as weather solutions. They collect a great deal of data to analyze and give users. These apps are losing significance in recent years and are generally created as byproducts. What is the cost to build an app that works with data?
Data-driven app development cost: $15,000 – $20,000
A Simple Example of a Calendar Application
Apps that allow user authentication and personal data. An illustration of an authentication app is a loyalty program that requires users to log into the app to gain access to the features. The app stores user information and also shares data across devices. This is a sophisticated and, therefore, costly project that requires user management.
Authentication app development cost: $40,000 – $80,000
Example: McDonald’s Loyalty App
Social Network Application
The social network apps are simple to explain. They are Facebook, Instagram, LinkedIn, and others. They must manage millions of chats and interactions and let users communicate with each other. This needs a robust backend infrastructure as well as a more significant investment. How much will it cost to create an application for social networking?
Cost of the Social network app development: $60,000 – $300,000.
e-Commerce applications comprise Amazon, Alibaba, and other marketplaces. They need a wide range of features, including customer registrations, social interaction catalogs, pages for products, descriptions, and payment options. The price estimate we offer is for a simple e-Commerce site.
Simple e-Commerce app development cost may will be around : $60,000 – $300,000.
App for On-demand Service
Apps that are on-demand, such as Uber or Grubhub, link service providers and end-users to fulfill people’s immediate needs. These apps blend the advantages of social network solutions with e-Commerce and require significant funds. What’s the price to develop an application for services on demand?
Developing an on-demand service app ranges from $80,000 to $150,000.
Apps such as TripAdvisor are known as marketplace platforms that combine the capabilities of eCommerce and applications that can be downloaded on demand. Unlike eCommerce apps, marketplace applications provide a wide range of options and instant access to any service supplier of the user’s preference. What is the cost of creating an application for the marketplace?
Marketplace app development cost: $150,000 – $300,000.
Type of Vendor and the Location
A typical app development price is also dependent on the location and the type of the developer service provider, and the company’s size. We will be discussing three significant kinds of providers, including small-scale independent businesses and specialist firms, big agencies, and specialist companies.
Small companies typically comprise freelancers capable of constructing an application but may lack the depth of understanding of complicated solutions. They provide the most affordable cost for developing mobile applications. Specialized companies concentrate on developing software and guide you through the whole procedure. The services they provide are typically more expensive than those offered by smaller companies; however, you’re likely to get the best results.
In addition, larger agencies can produce top-quality products because of their highly skilled staff and many services. However, they are known to offer less personal service and tend to be more rigid, and will charge the most expensive app development fees.
The vendor’s location also plays crucially in mobile app cost estimation for development. The typical developer’s cost for the US ($100 to 150 dollars per hour) as well as Western Europe ($65 – $100 per hour) is much more expensive than in Eastern Europe ($40 – $60 per hour). This could be due to the high cost of living in these areas. If you choose to outsource the work, hiring a remote team from Eastern Europe or some Asian countries can save a significant amount of your budget.
Complexity and the Variety of Features Available in Apps
The quantity of features increases the price of developing an app, but the level of complexity of the elements plays an important part. Basic features such as subscription and login require between 20 and 25 hours to create, and more complex features such as integration with payment systems and visual analytics will take between 150-250 hours and carry a higher cost.
The Complexity of UX/UI Designs
The entire market for software development has turned its attention to the needs of the users and the user experience. Customers can select and opt for a product with clear and straightforward navigation and high performance with the numerous applications and services. This is why having an amount of money to create the design is an essential part of estimating the cost of developing an app.
Customized app development costs include custom UI/UX design, which provides for icons, buttons, fonts, and other components. Designers for UI/UX are costly; however, experienced designers can design your app to look attractive and provide the best user experience.
Maintenance and Support on an Ongoing Basis
The cost of developing an app doesn’t end when the app’s launched. If you decide to stop using your app after launch and fail to keep an eye on it, you may be left with outdated software. In the absence of constant maintenance, updates, or bug fixes and the addition of new features, customers will become bored. They may make an option to choose an updated and better alternative available. The typical cost for maintenance of apps should range from 15 percent up to 20 percent of your total budget for developing the app.
I have also discussed the amount of money needed to develop an app using an example. I hope that this info will assist you in obtaining all the information you need.