Uploaded on Dec 12, 2022
Want to know how much it costs to develop an app? Well, you can’t know the exact cost of building an app. Check this PPT guide with a breakdown of mobile app development costs by different app types. You will get to know how to calculate app development costs, which factors influence the total budget, and how to effectively manage app development costs.
How Much Does Mobile App Development Cost?
H O W M U C
H D O E S I T C O
S T
T O D E V E L O P A
M O B I L E A P
P ?
Want to know the cost to build an app? It is important to remember
formulating a figure is not an easy task. There are a wide array of factors that
go into determining the budget for mobile app development services. This
includes UI/UX design, the addition of features, whether the project is in-house
or outsourced, etc.
However, if we have to give a formative number, the total will be
approximately between $20,000 to $150,000.
This is just a rough quotation. But, don't worry, go through the detailed
analysis of all the important factors contributing to the cost of mobile app
development.
M a r k e t S t a t s f o r M o b i l eA p p
s
To formulate the cost to make an app, it is important to know the market
stats first. Check the numbers to get an idea of this.
Current revenues for the app market is $430.90 billion in 2022.
Profit growth is to take place at a CAGR of 9.27% between 2022 to
2026. The market volume for apps will be $614.40 billion by 2026.
In 2021, iOS app revenues were $32.8 billion.
Android apps earned revenues of $43.4 billion in 2021.
A r e a s t o C o n s i d e r f o r D e
t e r m i n i n g t h e C o s t t o
B u i l d a n A p p
Business Model
App Development Company
Location App Design
App Type (Native or Hybrid or Cross-
Platform) App Platform (Android, iOS, or
Both)
Features and Functionality
With an idea of the factors to consider to determine mobile app
development cost, let's educate you on the tips that will allow keeping
your budget in check during the mobile app development process.
T i p s t o R e m e m b e r f o r M
a i n t a i n i n g M o b i l e A p p D e v e l
o p m e n t C o s t
A diverse array of factors can increase mobile app development costs.
They include design, features, etc.
Keep some points in mind to allow your finances to be within the limit.
Research the target market and competitors and assess their relevance
to your business.
Keep app design simple to boost user engagement successfully.
Outsource app development to mobile app development
companies overseas by researching them, checking expertise,
portfolio, etc.
H o w t o C a l c u l a t eM o b i l e A p p D e v e l o p m e n t C o s t
?
To get a cumulative cost to develop an app, keep the formula illustrated in
the below-mentioned image.
To know the cost to build an iOS app or Android app development; multiply
the entire time for development by the hourly charges.
C o s t f o r D i f f e r e n tM o b i l e A p p D e v e l o p m e n t S t a g
e s
For Discovery Stag e
The analysis and planning stage gets performed through market
research, issues customers face, etc. This will cost around $5000 to
$25,000.
For UI/UX Des ig n
Based on the number of screens and the overall app complexity, the
total will be approximately $5000 to $15,000.
For Testing and Deploym ent
Being inevitable during mobile app development services, testing, quality,
and app deployment permit formulating cost. Therefore, for this purpose,
the budget will be between $5000 to $10,000.
B o t t o m L i n
e
Mobile apps have the profitable prospect of bringing in revenues of
$614.40 billion by 2026 globally. This depicts its profitable and lucrative
future pertaining to which entrepreneurial setups are channeling its
use to the maximum.
However, when they set out on the journey to build an app for their
business, they ignore the budget area completely. This leads them to
spend erroneously on mobile app development services. As it is the
age of survival of the fittest, it is a good idea to focus on the cost
factor. If you are about to enter into this journey, connect with us
today.
T H A N K Y O U F O R W A T C H
I N G
E-mail [email protected]
W ebs it www.xongolab.com
e +91 9106092269
Phone
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