App Development Cost

How Much Does Mobile App Development Cost? App Types & Builder Compared

With the increasing penetration of smartphones in our lives, businesses of all sizes and types are now vying to secure a promising presence over there. This, in turn, has increased the demand for mobile app development. According to a recent report, it has been found that the mobile app development market worth may touch the figure of $20.7 billion by 2025 at a CAGR of 21.7%. Despite this whopping growth, most business owners remain confused about the actual mobile app development cost. In the following post, we would touch on every aspect of mobile app development along with the factors that can help you determine mobile app development cost.

As far as the Indian region is concerned, an analysis by Deloitte determined that India is expected to surpass the figure of 1 billion smartphone users by the year 2026. This whopping growth can be attributed to the rapidly increasing internet penetration in the country. From this analysis, one thing is clear mobile is no longer a way of communication but unearths a tremendous growth opportunity for businesses, particularly start-ups. For example, you can look at Paytm, Uber, Ola, Zomato, WhatsApp, Instagram, and others. Their rising popularity is a testament to the bright future of mobile apps.

Due to the rapidly emerging functionalities in the field of mobile phones, businesses have been discovering the immense potential in mobile app development. From selling groceries over a smartphone app to trading in stocks, mobile apps have been empowering people’s lives like never before.

Using mobile apps and mobile websites, businesses may digitally communicate with their target and potential customers on mobile devices. Mobile apps enable deeper and more intimate connections than mobile-optimized webpages because users spend 90% of their mobile device usage time in apps. This provides a clear indicator and creates new opportunities for businesses to deliver mobile experiences and offers to their customers.

Now, when it comes to developing an effective and effective mobile app, the biggest doubt that people face is determining real mobile app development cost. Are you encountering questions like –

How much does mobile app development cost?

How affordable it is to develop a mobile app?

What would be the mobile app development cost in 2022?

Mobile App Development Cost

If yes, this insightful post on mobile app development cost estimation will help you know how much budget you should have to develop a mobile application for your business and how much does mobile app development costs in India?

These types of questions are bound to hit because mobile app development is a highly technical subject and decoding its terminology is beyond the brains of a layman. As of now, you should know that apps are mainly designed for iOS and Android.

Whether you are looking for iOS mobile app development or Android app development, the following post would help you in doing the most precise estimation of mobile app development cost.

So, in this post, we will dig deeper into the world of mobile app development, its processes, benefits, elements, and obviously mobile app development cost.

What is a Mobile App?

Mobile App Maintenance Cost

A mobile app or mobile application refers to a software program that is designed and developed to work on mobile devices like smartphones and tablets. Though they may have limited functionality due to their size and application, they intend to provide a highly personalized and immersive experience to users. Apps range from easy games to extremely high-end offerings – the app’s functionality primarily depends on the needs and potentials of the targeted audiences.

Why Should You Invest in Mobile App Development in 2022?

Hootsuite

Source - Hootsuite

The first and foremost reason is the increased penetration of mobile devices in our lives. As per the Digital 2022 Global Overview Report, nearly 96% of internet users have a smartphone. And, over that, the average time spent by them on the internet is almost 5 hours. In addition, 92% of them use their smartphones to access the internet.

mobile time activity

Source - Hootsuite

This is not just a trend but a reality. If you really want to take your business to newer heights, the mobile app is something you should invest in. According to a report, the world’s smartphone users spent a cumulative total of USD $170 billion on mobile apps and in-app purchases in the year 2021.

This figure is expected to increase in the coming years. So, it is true that your investment in mobile app development pays off.

Global Report

Source – Digital 2022 Global Overview Report

What Are the Most Popular Types of Mobile Applications?

Mobile apps can be of different types. From gaming to productivity, booking, social media, education, and others, there are several mobile app categories for you to choose from. Below are some of the most popular mobile app types.

Gaming apps – This is a sizable portion of the gaming industry. Mobile apps account for 59% of the global gaming business, according to Statista.com. According to Statista.com, the North American market for mobile content gaming will eventually reach 29.1 billion USD. You’re probably familiar with the games “Angry Birds” and “Candy Crush Saga,” but there are many others in this category.

Top Apps In world wide

Source- Forbes

Productivity Mobile Apps Development Cost

To-do lists and organizing apps that assist users to manage their daily tasks are known as productivity apps. 28.2% of consumers download these mobile apps, according to the aforementioned Digital 2022 survey. These are thus practical utility apps.

How Much Do Productivity Mobile Apps Development Cost?

What is the typical cost to build a productivity app? A productivity mobile app usually costs approx $35,000 to build. However, the total cost can be as low as $10,000 or as high as $100,000 depending on the features.

Social Media Apps Development Cost

Apps for social media require no introduction. These are well-known platforms, including Facebook and TikTok.

How Much Does Social Media App Development Cost?

A social media app development cost ranges from $50, 000 to $300,000 depending on the functions and users. It may take up to 1200 hours of work.

Taxi Booking Mobile Apps Cost

Can you recall the last time you made a reservation over the phone at a restaurant? or scheduled a visit with a barber? These and many other tasks are handled by booking apps. Your cell phone can now be used to plan your entire holiday. Isn’t it helpful? Mobile devices are like desktop computers, but smaller, portable, and with a network connection.

How Much Does A Booking Mobile App Cost?

A booking app for Taxi services may cost between $50,000 to $400,000 and can take approx 1400 hours of work.

Financial Mobile Apps Development Cost

They offer far more functionality than just payment processing. People mainly refer to financial apps to invest in stocks, take out loans, and buy cryptocurrencies (or NFTs).

How Much Does it Cost to Build a Financial Mobile App?

It may take approx 1200 hours of work and cost you approx $50,000 to $200,00 to build a financial mobile app.

Educational Mobile Apps  Development Cost

42.3% of people look for self-development apps alongside educational applications when they search for apps. Would you prefer a quick and effective way to learn a new language?

How Much Does Education Mobile App Development Cost?

The cost to make an education mobile app ranges from $60,000 to $2,25,000 and may take 900 hours of work.

Entertainment Mobile Apps 

There is no need to introduce the category of entertainment apps. HBO Go, Netflix, YouTube – it is projected (that this market will hit USD 12 billion in 2022.

How Much Does Entertainment Mobile App Development Cost?

Entertainment app or video streaming app development costs may range from $60,000 to 300,000 and can take approx 1600 hours of work.

eCommerce Mobile Apps Development

 

This is not only about Amazon and eBay. You have the same seamless experience and convenience as with the desktop app, so basically, you can purchase anything while sitting on your couch. See how retail businesses like Amazon, Capital One, Domino’s, and Orbitz have levelled up with mobile applications. Mobile commerce is on top of the world (how many things have you bought with mobile applications?). 

Now, after understanding different types of mobile apps, it’s time to understand the development cost of apps by a specific industry. Look at the following table for a better idea on the type of mobile app development you want to go with.

Type of Mobile App

Estimated Development Cost

Development Time (Approx)

Mobile App

$30,000-$300,000

1,200h – 1,300h

iPhone App

$55,000-$300,000

1,200h – 1,300h

Android App

$50,000-$300,000

1,200h – 1,300h

Web App

$60,000-$300,000

1,200h – 1,300h

Startup App

$40,000-$400,000

1,600h – 1,700h

Taxi App (Uber)

$50,000-$400,000

1,600h – 1,700h

Game App

$60,000-$250,000

1,600h – 1,700h

Retail App

$50,000-$150,000

1,200h – 1,300h

Augmented Reality App (AR)

$100,000-$250,000

1,600h – 1,700h

eCommerce App

$60,000-$250,000

1,600h – 1,700h

Social Media App

$50,000-$300,000

1,200h – 1,300h

Business App

$50,000-$200,000

1,200h – 1,300h

Learning App (DuoLingo)

$60,000-$225,000

900h – 1,000h

Video Streaming App

$80,000-$300,000

1,600h – 1,700h

Food Business App

$40,000-$150,000

900h – 1,000h

Community App

$18,000-$150,000

900h – 1,000h

Shopify App

$30,000-$180,000

900h – 1,000h

Dating App

$50,000-$350,000

1,400h, – 1,500h

Food Delivery App

$40,000-$150,000

900h, – 1,000h

Hybrid App

$40,000-$200,000

1,200h – 1,300h

Medical App

$55,000-$300,000

1,200h – 1,300h

Standard App

$40,000-$300,000

1,200h – 1,300h

How Much Does it Cost to Make an eCommerce Mobile App?

Ecommerce mobile app development costs may range from $60,000 to $250,000 and can take approx 1600 hours of work.

Food Delivery Mobile App Development

Food delivery mobile apps are the most important apps for restaurants to sell and deliver foods quickly to their customers. There are many food delivery apps like zomato, swiggy and uber running in the market so you should also create one for your food business.

How Much Does Food Delivery App Development Cost?

A food delivery business mobile app development may cost between $40,000 to $1,5000 to build the food app and may take 1000 hours of work.

How to Determine the Mobile App Development Cost?

App Marketing Cost

Now comes the big question – how much amount should you allot for mobile app development cost. Let’s find out the answer. There is no fixed price app development cost as it totally depends on the features of the app, resources and hourly rate of the app developers. But we would like to give you an approx. estimate to build a mobile app.

One most important thing to keep in mind is that there are lots of ways to determine the cost of mobile app development in 2022. From the type of app to the region where the mobile app is being developed, all these factors play a substantial role in determining mobile app development cost in 2022.

Here is the mobile app development cost breakdown for your idea

 

App Functionality And Objective: 

The cost of mobile app development depends mainly on the functionalities and what type of functions it’s going to offer to its users.

Platforms/OS & Mobile Devices: 

The cost of mobile app development also depends on the platforms and mobiles its going to support.

Integration With Third Parties: 

Integration of the app with a third party can also affect the cost of building an app.

Use of Technical hardware of Mobiles

If the app is going to use NFC Technology, GPS Navigation, Motion sensors, or AR Technology then it’s going to affect the cost of building a mobile app for sure.

App Maintenance Plan: 

App maintenance is one of the most important factors of any application development project as you may need it as soon as you launch your mobile app. Timely updates will be needed from the developers’ end so app maintenance will also affect the app development cost.

Mobile App Development Cost Benchmarks

Let’s talk about the mobile app development cost benchmarks depending on the nature or type of the app.

Types of Mobile Apps

The cost to create an app also depends on your application type and category. There are three types of mobile applications.

Web Application

It is basically a website that is crafted for smartphone users. However, the truth is that most users prefer mobile apps over mobile-optimized websites.

Native Mobile Apps

It is one type of app that is developed specifically for either Android or iOS. These apps are complex in nature and provide a great user experience.

If you choose to market to both groups, you will have to create two distinct apps, which will instantly drive up the total cost of developing the app.

Hybrid Apps

Based on a single programming language, hybrid mobile applications are designed to perform on both iOS and Android platforms.

The key benefit of hybrid apps is the decreased cost of app development. However, these apps have several drawbacks, which encourage many businesses to create native apps. One of them is inconsistent performance, a challenging user interface depending on the device an app is being used on, and technical constraints.

Though they are easy to develop and manage, their user experience is not so impressive.

How to Calculate Mobile App Development Cost?

Though you might get a number of answers when it comes to determining the cost of developing a mobile application, one preferred way to find out the cost of creating an app is to consider the costs incurred in creating some of the most popular apps in the world. Although this is not a sure-shot way of getting the exact figure, this practice would help you get a lump sum idea of the cost when you look at the cost of an app that is similar to yours.

Formulate For Calculating Mobile App Development Cost

One simple and widely chosen formula for finding out the cost to make a mobile app is:

Mobile App Development Cost= Number of Man Hours * Hourly Rate

Taking one step further, you can refer to the following formula to attain a high degree of precision:

(Features*Time) X Hourly Rate = Mobile App Development Cost

One thing that is important to note here is the hourly rate. As this cost may vary depending on the app developer you hire, your final cost of developing an app may change at the final stage. The business landscapes. As with everything we do to make money, revenue is one aspect that can’t be neglected right from the initial stage. Also, this influences the eventual cost of creating an app.

Factors That Affect Mobile App Development Cost

  • App Features & Their Complexity
  • Customization of visual design
  • Location of Development Team
  • Number of Platforms
  • Native or Cross-Platform
  • Backend Infrastructure
  • App Administration
  • Which mobile platform does your target audience like?
  • What’s the product that you want to sell?
  • Are there any devices that are required to integrate to make your app more responsive?
  • Is your app free or paid?
  • Does it have any in-app purchases?
  • Does your app feature any advertisements?
  • What kind of app maintenance is required?

It is necessary that you get an answer to all the given questions to decide the average cost of app development.

Since mobile app development is largely a tech-driven concept, there are various technical aspects that have a say in the determination of mobile app development cost. Check the following image for a better idea.

For instance, if you want an app that needs in-app purchases, the cost to make an app would go up due to the increased number of complexities. In the same way, developing an e-commerce app would cost more than a normal app.

App complexity

The most important factor is the complexity of the mobile app you are planning to develop. It is quite well understood as the smaller your app, the easier it is for the app developer to build it. Broadly, an app’s complexity can be divided into three categories – simple, mid-level and complex.

The complexity of a mobile app is defined by its features, screens, functions, and buttons. It also depends on the integrations and features that are chosen. Refer to the following table for more information.

Level of complexity

Properties

Example

Estimated Time Taken

Basic

·         They carry only basic features

·         Low-tech screens

·         Possess all the essential features

·         All elementary UI solutions

Calendar App

2 to 4 months

Medium-level

·         Multiple screens

·         Integrations with API

·         More complex features

·         Custom interface

·         Advanced features like real-time messaging

Emergency Health Record App

6 to 10 months

Complex

Multi-feature apps

Chatbots

Next-level and complicated features

Real-time synchronization

Media enabling

UI animation

 

eCommerce App

8-12 months or more

 

Features of a Basic mobile app

Below are the major features of a basic mobile app:

  • Login
  • Signup
  • Messages
  • Profile building and modification
  • Search
  • Notifications
  • Admin panel or dashboard

Features of a mid-level mobile app

  • In-app purchases
  • Location tracking
  • Enhanced security
  • Social media integration
  • Payment section

Features of a complex mobile app

  • Video chat
  • Native features
  • In-app calling
  • Messaging
  • Data integration on multiple devices
  • Online streaming

Customers

This is necessary because after all, you’re doing all the stuff just for them. So, make sure you know them well.

If you can figure out how your mobile app is adding value to them, you can easily get the answer.

You can find a number of cases where a company had unable to identify its audience and ended up losing them due to a better strategy adopted by its competitors.

Paid Mobile App, A Free Mobile App or Ecommerce App?

In general, free apps generate funds through advertising, sponsorship, and email marketing. Quite obviously, e-commerce apps generate money by selling products through the web. In the same way, paid apps to ask the user to register and pay the subscription fee like Netflix, Hot star, etc. By knowing your audience thoroughly, you can determine what type of app is best suited for you.

Single or Cross-Platform Mobile App Development?

Another important point to consider while determining the most precise cost of developing a mobile app is the selection of a platform. Do you want your app to work on a single platform or multiple platforms? This can actually be decided by understanding the preference of the users.

OS Version

Mainly, there are two versions – iOS and Android. Between them, Android is more popular. But it is not just about the popularity and reach, the technicality of the app also determines which platform is best for the same.

For example, if your app is highly technical in nature and is supposed to do specific actions that can be performed best with advanced versions of OS, then it may be a better idea to limit the availability to the specific versions and lower the average cost of app development.

According to experts, it is always advisable to go with the latest platforms so as to make an enduring impact and cost lower.

However, if you don’t have budget restrictions, you can go for both platforms. For better decision-making, refer to the below table.

IOS Application Development Benefits:

apple

IOS App Development

iOS apps usually cost less than that Android apps and are faster to build.

iOS audience is generally upmarket and has more purchasing power, which means that paid apps are more successful on this platform.

iOS users are found to be more faithful as compared to than Android.

Apple has stringent guideline in terms of app quality. The iOS version of an app typically does more business than that of its Android counterpart.

iOS platform is more interactive and easier to use in general.

Android Application Development Benefits

Android

Android App Development

The no. of users for Android is more than on iOS, particularly in Asia.

Android has lower costs per download in comparison to that iOS.

Android has low maintenance costs as they are not supposed to be refreshed regularly like that iOS.

Guidelines for Android are very much relaxed which brings down the cost of app development and hosting in the Android sphere.

IOS
Applications Disadvantages

More hosting costs for iOS. It can reach up to $200 for iOS as compared to that of $25 for Android.

Less no. of iOS users in the Asia-Pacific region.

Quite hard to seek approval due to strict guidelines.

Android
Applications Disadvantages

Most of the Android users like free or low-cost apps. So, paid apps are not advised for this platform.

It takes a bit longer to develop an Android app.

IOS Mobile App VS Android Mobile App Pros And Cons

Android Vs IOS App Development

Android Vs IOS

The above-given table would help you decide which platform is best for your app and accordingly, you can make a mobile app development cost estimate.

In-house Vs Outsource App Development

This is one aspect of the process that has the maximum impact on the cost of app development.

This is why it is not a wise move to delay releasing an app by choosing an experienced developer. There is no point in comparing the low cost of app development with the final revenue after the release.

Though developing the app in-house is economical in comparison to outsourcing the job to a mobile app development firm, it is strongly suggested to do a detailed analysis before making the final decision.

App design procedure and its cost

After the project is finished, a majority of app development companies charge hidden costs. Therefore, be sure to properly consult the demand and all the related costs and to include them in the paper.

Utilizing pre-made design templates can help you keep the expense of your app’s overall design to a minimum. However, the price of an app increases with the number of features you require.

Elements That Affect App Design Cost

  • Visual Design
  • Graphic Design
  • UX Design
  • UX Writing

Components

Description

Estimated Timeline

Rough Cost

UX Design

When creating an app that offers a compelling user experience, UX designers closely examine user behaviour and place a heavy emphasis on research and pertinent data.

40-300+ hours

$1500 to $10,000

Visual Design

In regard to a mobile app, visual design is crucial. It denotes how your software seems and feels.

The visual design stage of the app creation process is the first. The more appealing it is, the more engaged customers will be.

30-250+ hours

$1000 – $10,000

Logo and Branding

One key step in the mobile app development process is branding. It is advised to have a qualified graphic designer to make your app’s logo and iconography. The use of a captivating emblem might help you stand out from the competition.

30- 100+ hours

$1000 – $10,000

 

Types of Mobile App Maintenance

One of the most important phases of the mobile app development lifecycle is maintenance. You should therefore designate a separate budget solely for app maintenance.

A sturdy app requires a well-thought-out maintenance strategy, just to how we maintain our technological gadgets. Monitoring performance is essential, as is making sure consumers receive updates on a frequent basis.

There are different types of app maintenance including:

Emergency Mobile App Maintenance: 

 The possibility of an emergency means that the faults or errors would be sudden, unforeseen, and unanticipated in nature. In these situations, you must respond right away to the issues and provide a flawless app experience.

Adaptive Mobile App Maintenance: 

To keep the system updated with adaptive maintenance, you would need to keep track of application changes. It’s possible that the operating system, hardware, or software environment at work needs to be changed, which could have an effect on how well the app works.

Preventive Maintenance: 

The term “preventive maintenance” refers to the intervention or prevention of faults. Through code re-organization, code optimization, and documentation updates, the emphasis is on lowering the application’s complexity and enhancing maintainability.

Perfective Maintenance: 

You’ll uncover new or altered user requirements as a result of popular mobile features and functions. A great user experience could be provided by anticipating user comments and taking care of functional changes in the source code.

You would need to budget for the various kinds of app maintenance charges as the proprietors of the apps. When planning for app maintenance, you would need to consider a number of factors if you’re looking at a ballpark price.

When it comes to estimating app maintenance costs, consideration should be given to nurturing servers, push notifications, payment gateways, and other expenses.

The Daily Active People (DAU) of your app, which talks about the rrrrrr of app installs and the users who engage with your app, may be something you want to keep an eye on after launching your app on Google Play and Apple App Store.

The same statistics are discussed in Monthly Active Users (MAU), which you may also look at. The basic rule of thumb is that for your app to succeed, both DAU and MAU performance must be excellent.         

Mobile App Maintenance Cost Estimation

The cost of app maintenance is often in addition to the cost of developing the app, and it can be up to 50% of the overall development cost in the first year before dropping to 15–25% in subsequent years.

The number of operating systems also affects the costs. Therefore, if you have native apps for both iOS and Android, your app maintenance costs can be a little more.

In general, an app maintenance cost usually hovers between $250 and $500 per month. It is suggested to keep aside 20% of your mobile app development cost for maintenance.

Apart from the aforementioned factors, there are several other aspects that must be kept in mind while estimating mobile app development cost in 2022. These are:

  • The level of intricacy involved with the app design and user interface
  • Quality assurance stage
  • Number of features and functions
  • Chosen mobile app development process
  • Database complexity
  • Type of 3rd party integration
  • Selection of security standards – GDPR or HIPAA
  • Size and standard of the app development workforce

How Much Price App Developers Charge For Mobile App Development?

Mobile app

As it has been already mentioned that the charges are levied on an hourly basis. They vary from region to region. The uppermost priced rates per hour are basically 25 times than the lowermost priced hours.

Even if you’re a reasonable budget, it is better to prefer somewhat good quality over lower app development costs. On the other end, if you have the budget and love to develop an app developed with full-fledged technicality to deliver an unmatched user experience, it would be a great idea to choose a high-price model.

Country Wise Mobile App Development Cost:

Mobile App Development Hourly Rate Country WiseApp Development Cost
US and Canada$50 to $250 Per Hour
Australia$50 to $150 Per Hour
Western Europe And The UK$35 To $170 Per Hour
Eastern Europe$20 To $150 Per Hour
India$10 to $80 Per Hour

Now let’s consider it takes an average of 300-600 hours to develop a mobile app, the above-given table might be of great use in determining the actual cost of developing a mobile app.

Mobile App Maintenance Cost

Like other web services, mobile apps also need maintenance. Every mobile app uses multiple resources so here we will discuss the app maintenance cost you should consider before building a mobile app.

The most common mobile app maintenance activities include:

  • bug fixing and quality assurance
  • constancy and performance enhancements
  • upgrade to the latest OS versions
  • code optimization
  • inclusion of new features
  • support the newest version of 3rd party services.

Hosting

Hosting is the space where all of your mobile app files are going to be stored. it can be photos, videos, audio, media or texts. An average app hosting server may cost between 70$ to 400$ per month. There are multiple app hosting companies like AWS, Microsoft Azure, and Google Cloud.

Mobile App Performance Monitoring

Monitoring any app is also important to make sure it’s working properly and users are getting the required data they are looking for. There is no fixed price for mobile app monitoring so we recommend you search online to know the price.

Regular Mobile App Updates

We live in a world that is changing every day and very fast so the things that we’re working on in the past might need an upgrade. So, when platforms (IOS and Android) release any updates then our mobile apps may also need some bug fixes. A plan for regularly updating the mobile app must be included in the app development cost breakdown.

License Or Membership Update

There are multiple resources needed to build a mobile app that may need membership of licensing so app developers or app development companies must update the license to make sure everything is working properly.

Talk To A Mobile App Development Expert

As mobile app development is a job that involves lots of complexity, it is better to consult an expert for better decision-making. An expert would help you understand both the technical as well as the commercial side of app development.

How Much Does It Cost to Build A Mobile App?

In a nutshell, the average mobile app development cost ranges anywhere from $40,000 to $500,000 or above. This figure was determined by several market research and studies done by renowned platforms. If an average rate of $50 is taken, below is the table that can help determine the cost of developing mobile applications.

Mobile app cost by type

Features Included

Timeline

Average Cost

Low-level app development

Basic User Interface, Single Platform, MVP feature

2-3 months

$40,000 – $120,000

Mid-level app cost

High-end features, Custom User Interface, 1 Platform

3-6 months

$120,000 – $200,000

High-level app development

Advanced app features, Custom UI, More than two platforms

6-9 months or more

$200,000 – $300,000+

Source: – Clutch

In addition, having insightful knowledge about the process, it would be easier for you to determine the actual cost of an iPhone app development or Android app development.

Do you have any other queries related to Mobile App Development costs? Contact RankON Technologies, A Leading Mobile Application Development Company in India to get FREE Consultation Now!

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