Taru M. Updated : July 23, 2022
Mobile app development is of late prioritized by enterprises after witnessing its necessity in business growth. Be it increasing brand recognition, visibility of products and services, sales, conversion rates, or ROI; a mobile application caters to businesses in multiple ways to ensure its market success.
While developing mobile apps, the cost is something that often comes to mind for the majority of entrepreneurs. And the first question they ask their mobile application development company is “how much does it cost to develop an app” and give an idea of how much they need to invest in their mobile app development.
I am sure that you must also be wondering that how much it cost to develop a mobile app, Right.
Meanwhile, it’s also the truth that mobile app development cost prediction is not easy as numerous factors directly impact the overall application development cost.
This post will describe all those factors that a mobile app development company considers while determining the overall cost of your Android or iOS app development. Take a look.
Your platform selection to develop your business application also impacts the cost heavily. The reason is that Android app development is more expensive than iOS app development is because the Android app development needs complex coding with Java. Thus, developers spend a long time creating Android apps. It increases costs.
Besides, having an app on both iOS and Android platforms helps businesses gain more opportunities for growth by earning higher revenue. Therefore, they want to opt for both platforms for app development, which increases the cost of app development.
But, those businesses, especially startups having limited budgets, can choose either iOS or Android platforms for app development based on their targeted market and audience.
The location of your mobile app developers is another critical factor that tends to minimize or maximize your app development cost. For instance, if you hire India based developers, they charge ranging from $18 to $50. Hiring developers located in the US, the charge ranges from $45 to $240.
It indicates that hiring an India-based app Development Company is decisive for those blessed with a limited budget.
An essential app with limited features and functionalities is relatively affordable than complex applications with many features. In other words, the more parts and functionalities you will add, the more cost will be for your custom mobile app development.
So, you can plan your business app very well. In terms of features and functionalities that you wish to be integrated into. Make sure you are integrating features and functionalities into your business applications based on your specific business requirements.
With this approach, you will be able to minimize the overall cost of your mobile application development to a greater extent.
The total development hour of your application is another prominent factor that has a more significant impact on the overall cost of your mobile app development. As discussed above, most app developers charge on an hourly basis no matter which country they are from.
It reflects that your app development’s overall cost depends on the total time spent on developing your application. If your app takes fewer development hours, the price will be less and vice versa.
For instance, if your developer charges $40 and the development time for your application is 500 hours. Then, the overall cost for your app development will be $20,000 ($40 x 500 hours).
Reading so much about how much does it costs to develop an app, you must still wonder if it’s even worth it. We have written a clear, impartial blog to help you clear your thoughts that either your business requires a mobile app or not: https://netmaxims.com/blog/mobile-app-a-need-or-desire-for-business/.
It’s another crucial thing that developers practice to a larger extent. On the other hand, it’s also vital to perform third-party integration to enhance the usability of your application.
Third-party integrations such as social media widgets, GPS, data analytics, payment gateway integration, etc.
These are practised by developers heavily in today’s scenario. And this has a direct impact on the cost of your mobile application development.
After going through the above discussion, you may now get some ideas. That is how a mobile app development calculates the cost of development. So, once you predict your total investment for mobile app development, it’s the right time to get in touch with a reputed custom mobile app development company to get your app developed.
Knowing the cost, you will invest in a mobile app is very important for any business owner. And if you are now wondering how much the ROI of this will be.
Then this next blog is just for you.
Read how developing a killer mobile app can transform your business’s return on investment: https://netmaxims.com/blog/how-a-killer-mobile-app-can-transform-your-business-reach/
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For over 18 years, Taru M. is a successful technology entrepreneur by profession and a tech enthusiast by spirit. She takes pride in offering expertise in her domain to business people's success across the globe. As a business woman and technology expert, she manages to keep her balance along with her family responsibilities. She did her masters in computers, and her work delivery shows the expertise of her education. Connect with her via Linkedin profile to know more about her exciting personality
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