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Cost Estimate for Mobile Application Development

Posted on : 7/19/2018
  • Business

The fact that information on mobile apps is relatively easier to capture as well as their considerable lower price has translated into a growing industry which produces every year more and more. The corollary is simple. If you are aimed at success, you should consider app development. A well-built app is bound to bring you traffic and ROI. Mobile is really an extension of your business made to boost your business profits. The question is where to start and how much to spend? Here, we give you a general mobile application development cost estimate so that you get an idea about how much does it cost to make an app for your business.

Mobile App Development Cost Breakdown:

1. Choice of Functionalities

Primarily apps can be broken down into four major groups based on the amount of work involved in developing them.

  • Simple Apps – $1,000 to $20,000
  • API Apps – $35,000 to $70,000
  • Enterprise Apps – $60,000- $1,00,000
  • Gaming apps – $1,00,000- $2,50,000

2. Cost of Features in Application

The figures provided below are elementary mobile application development cost estimates and averages involved when building apps with the following features. They are always liable to change depending upon the scalability of the project. These are of course price range associated with getting an app built from a dev shop. The ranges are bound to reduce with services being on the cheaper side if you look for a freelancer. However, ensure never to compensate on the app quality.

  1. Email Login – $1000- $1500
  2. Social Login – $1500- $2500
  3. Use of Location Data – $5000- $8000
  4. Social media Integration – $1000- $2000
  5. In App Purchases – $1000- $3000
  6. Payments – $1000- $3000
  7. User Profile – $2000- $3000
  8. Sync Across Devices – $1000- $3000

3. Choice of Platform

There is no perfect platform that can be used for every project. However, we recommend native over other prospects like hybrid or mobile web. We think that native is the best we can bring to our customers, in terms of performance, in terms of security, all of that.

4. Hiring Costs

Finding an app developer isn’t that tough these days, it’s finding just the right one for your business that can be tricky. The answer really lies with who you want to partner with. Price is not the best indicator of quality. You have the following options for development work to figure out the cost breakdown for your mobile app development:

  1. Freelancing
  2. Technical Co-founder
  3. Dev Shops
  4. Offshore Mobile App Development

5. OS Choices

Developing an app of any kind is a very elaborate and daunting process. Major decisions like OS choices have an influence on the project cost and timelines. You can choose to build your mobile app on one of the following platforms and accordingly figure out the cost estimate for mobile application development:

  1. iOS
  2. Android
  3. Windows
  4. Blackberry

6. Designing Costs

With over a million different apps in the market, the competition is fierce. What an app looks like is the first aspect people notice about it – even before they download it, and certainly before they test it out and see how it functions. You can figure out how much it costs to make an app for your business by breaking down the designing costs that vary based on the designing types:

  1. Visual Design – $2000+
  2. Wireframes – $1500-$15,000
  3. UX Design – $2000-$15,000
  4. 4.Games – $100,000-$250,000

7. Marketing Costs

Marketing is the most under-rated and commonly forgotten part of the project. It is therefore significant to set aside a budget for marketing to test various tactics to find which is the most lucrative and optimum marketing option. Here are a few ways to market your app.

  1. Pre-launch Marketing
  2. Post-launch Marketing

To Sum Up: For any mobile application development cost estimate you need to prepare a detailed mobile app development cost breakdown, to analyze your expectations and offer a reference point for both you and your investors. Of course, you could have all the services provided to you at as low as $1000, but be cautious of the quality that comes with it. Think less about the cost but more about what approach will bring in the all-out ROI before pulling out your cheque book. For a detailed cost breakdown, you can check out our guide on How Much Does it Cost to Develop an App?