Factors That Impact the Cost of Mobile App Development: A Detailed Guide

Since the time you are in the tech industry, have you ever heard of the phrase “there’s an app for everything?”. Well, it is true because mobile apps have become essential for every aspect of the industry including healthcare, education, restaurants, and more. Now that these applications have become a must-have for your business, you must go through the complexities, factors, functionalities, features, and much more that impact the cost of developing a mobile app.

And if you are willing to hop on the trend of developing a mobile app for your business, the very first thing to keep in mind is this question that pops up in mind is “How much does it cost to develop a mobile app”? To find an answer to this question, this blog is the right place for you.

But let’s have a survey of the statistics of how much mobile app development has become a necessity for businesses in every industry.

According to one research, it was predicted that mobile app market revenue from all segments of different industries will reach approximately $567.19 billion in coming years.

Now if we look over the number of the mobile applications that have already shadowed different market platforms such as Google Play Store and Apple App Store. The number of applications for Android in Google's App Store is 3.3 billion, and on the other hand, the total number of applications for iOS covering various industries is 2.2 million.

Mobile App Development Cost Breakdown

Cost of developing a mobile app can vary significantly depending on factors such as complexity, features, platform, development location, development team and more. However, to have an idea of the costs to plan a budget is helpful and effective. For example, a simple app typically costs between $10,000 and $20,000, while more complex app can range from $20,000 to $100,000. Mobile app with high-complexities can exceed cost range to $100,000.

According to the research, the initial mobile app development costs usually falls between $5,000 and $10,000 which covers several discovery phases. Moreover, GoodFirms offers a more detailed breakdown with basic apps priced between $40,000 and $60,000, medium-complexity apps ranging from $61,000 to $69,000, and top apps falling between $70,000 and $100,000.

What are the factors that affect the overall app development costs?

Several key factors directly impact the development cost of the mobile app which include the choice of the platforms, either iOS, Android, or hybrid/cross-platform, technical complexities, number and the type of features added in the applications, and UI/UX of the app. Not only this, the location, expertise, and requirements of the development team also have a huge impact on the mobile app-making cost.

Platform choice: Android, iOS, cross-platform, web

Android vs. iOS

There is not much of a difference in pricing, if you are choosing one single platform either Android or iOS, when choosing for your project. Each platform has its own set of development tools and software development kits or SDKs, and each utilizes a specific programming language such as iOS uses Swift or Objective-C, while Android uses Java or Kotlin. The target market share and audience in the targeted regions are the most important factors to take into account; for example, Android is more widely used in other regions, while iOS is more popular in the US and some parts of Europe. Depending on the complexity of the program and the developer's hourly rates, the average cost to develop a mobile app on any of the two platform is between $70,000 and $250,000.

Cross-platform Development

Frameworks such as React Native, Flutter, and Xamarin allow you to develop an app for iOS and Android by using the same codebase. This strategy can significantly save development costs, time and effort of the development team because it reduces the need of large amount of code between the two platforms. However, cross-platform solutions may not always deliver the same functionality, have a fully native appearance and feel as programs created specially for any single platform.

For instance, Cost of developing a mobile app with React Native for iOS and Android typically costs between $50,000 and $200,000, which is less than that of native apps.

Technical Complexity

The cost to develop a mobile app vary according to the complexities. It can take up to three months and cost about $45,000 to construct a basic app with minimal features. Apps such as fitness or e-commerce apps with a medium level of complexity, cost between $120,000 and $200,000 and take three to six months to develop. The development of high-level apps with top-notch features and integrations costs between $200,000 and $300,000 and takes longer development time of at least seven to twelve months.

Location And Structure of the Development Team

Let's review a general estimate of app development costs: a basic app will typically cost about $45,000, while more complex apps can cost anywhere from $120,000 to $200,000 or more. However, these numbers can differ significantly based on the nation to which you outsource. Why? The cost of developing a mobile app varies according to the location and the hourly rate of the company's IT consulting.

Useful Online Tools to Calculate the Cost of Mobile App Creation

You can estimate the cost of the mobile app development, so you can make a budget according to the requirements. For your ease, Appicoders brings you an online mobile app development cost calculator.

Discover Why Appicoders Stands Out in App Development

The top Rated mobile app development company , Appicoders, offers an efficient approach to develop a mobile app with our mobile app development cost calculator. Our experts are dedicated and you get the best value for your investment along with guiding you through the development process while fulfilling all of your requirements. With our expertise and user-friendly tools, we help you make the right decisions while staying within your budget.

Mobile App Development Cost Calculator by Appicoders

Based on your app's requirements, Appicoders has developed mobile app development cost calculator which offers precise estimations. To get a customized mobile app development cost estimate in less than ten minutes, all you need to do is respond to a few questions regarding the features, platform either iOS, Android, or hybrid / cross-platform, and targeted industry of your app. You can also schedule a consultation with our experts directly if you have any more queries. For fast estimates depending on your requirements, there are more app development cost calculators accessible.

Finally;

The cost of developing a mobile app is determined by the platform, complexity, features, and competence of the development team. Using tools like Appicoders' mobile app development cost calculator allows you to rapidly obtain precise estimates, resulting in educated decisions and the best value for your investment.