We’re living in a world where living without mobile apps is almost next to impossible!
Hence, being a business owner or entrepreneur who wants to launch their business online,
or increase their customers, sales, profits or boost their overall business, mobile apps
proves to be a one-stop solution.
However, as someone who’s not from a tech background, the first question that comes
to mind is: What is the Cost to Make an App?
Hi I’m __Ananya____ As promised in our previous videos, we’re
back with our video on How Much Time & Cost Does it Take to Build an App.
Before I begin, If you have an amazing app idea in your mind & need any professional
help or a free consultation from top app developers around the world, check the link in description!
Have an Amazing App Idea?
Get Free Consultation
So, let’s start!
What is the Total App Development Cost?
Just like each mind interprets the whole world differently, every app has unique requirements
& cost varies accordingly. So, it’s really hard to provide a direct answer to this.
Building an app from scratch can start from as low as $5000 to as high as $500,000 and
even more than that for giants like Whatsapp, Instagram, etc.
App Development Cost Varies From $5000 to $500K and even more!
It isn’t really possible to provide any price quotation without knowing your requirements
or the type of application you want to build.
First of all, you need to understand all the components of the mobile app development process.
For that, we’ve uploaded a video titled “What are the 3 D’s of App Development?”
Do check it out! (Point towards the interactive cards)
Coming back to app development cost, well, that depends upon various factors like:
Developer rates Project complexity
And most importantly, the total time it’d take to build an app.
Total Development Time
Let’s start with who all will be a part of the mobile app development team. Apart
from the coders/developers, the team would comprise of:
Business analysts & Project Managers who’ll create the project backlog along with tasks
Solution Architect who’ll design the overall architecture of the project's back end components
Quality assurance managers who’ll create the checklists for the project’s functionalities
to ensure the functionality works error-free
And finally, Designers who’ll work on the Project Layout, Prototype Creation, and Complete
UI/UX Designing.
To keep it very simple & short, the cost of making an app can be calculated through the
following formula:
App Cost = Development Time * Hourly Rate
And for this purpose, you definitely have to consult an expert (expert related) who
can tell you the exact time it'd take to build your app & then you can simply multiply it
by the per-hour development rate.
Let’s say you want to make a simple food ordering & delivery app. (food app screen)
The team who’ll be working on your app comprises of :
Mobile App Developer Backend Developer
Front End developer QA Specialist
Project Manager
App Development Team
Let’s say they all are hired at a standard cost of 20$ per hour and the number of hours
taken by mobile app developer & backend developer is 150 hours each. Front end development & QA
specialist takes 120 hours each and Project manager takes 40 hours so your cost would
be:
150*20: 3000 150*20: 3000
120*20: 2400 120*20: 2400
40*20: 800 Total : $11,600
But first, let’s talk about the factors that’ll determine the cost of your app.
So stay tuned till the end.
App Platforms
Be clear on what type of application you need for your business:
Either it is a Native App, Hybrid App,
Data-base Driven App, A Basic functionality app,
To explain about these platforms & time required to build such apps in detail, we’ll shortly
come up with a detailed video soon. To get your queries resolved right now, check the
link in description.
Plus, you can check out our video on “What is The
Future of Mobile App Development” - Thumbnail/Video
Number of Features & Complexity The number of features you want to add to
your app would play the most important role in determining the cost of your app. (Fast
Forward any feature video screens)
Let’s say you want to add an in-built GPS navigation feature or a payment gateway (Paytm,
Stripe, etc) or want the user to login/sign up using their phone, email, etc. to the app.
In this case, you’ll be charged on the basis of
Cost = total hours taken to implement a feature (*) per hour development charges
Secondly, the cost varies according to the complexity of the features. In some cases,
adding a single feature can take more time than adding 10 features. For example, the
algorithm in dating apps that matches one another and also sends suggestions of new
matches every day is a quite complex feature & consumes many development hours & obviously
dollars at the same time.
5. App Development Partner
From the points above, it’s almost clear that the cost of an app is directly dependent
upon development hours & the scope of the work.
But let me tell you what affects the hourly rates of development
s Factors That Affect Hourly Development Rates
Location Team Strength & Experience
Number 1 is your Location. App development companies in the US can charge
anywhere around 150 to 200 $ per hour In European countries, you can hire app developers
for 80 - 100$ per hour In Australia, you’ll find developers from
120 - 150 $ per hour And In Asian countries like India, you can
hire an app development company from 30 to 60$ per hour
Number 2 is the Team Strength & Experience
How big the app development team is, how much experience the app developers have, how many
apps the company has built, etc are all such factors that can determine the cost of your
app.
And yes, if you’re confused between whether to hire a freelancer or an app development
company, check out our video. “5 Benefits of Hiring an App Development
Company over a Freelancer”
App Maintenance & Support
App maintenance is equally important to building and launching your app for the users.
The reason being, app maintenance ensures:
Compatibility with evolving Operating systems and devices Operating System & Device Compatibillity
Modifying and upgrading the UI and UX UI/UX Modification
Upgradation of functionalities and addition of new features Feature Addition/Upgradation
The average cost of maintaining an app can vary from $400 to $900 per year. It can differ
as per your market location, type of technology, and complexity of the upgrade.
In the end, I’d recommend you to jot down your requirements and ge b t a consultation
from an expert. You can book a free consultation with our C-level industry experts in the link
given in the description below. We’d love to hear from you and provide the
best possible services.
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We’ll be back with our next video soon, till then stay tuned!!