According to ComScore, smartphone users generally spend more than 85 percent of their time on mobile apps rather than spending time on the website. In 2017, there were 178 billion app downloads, That number has grown and is growing at a rapid speed and it is estimated that in 2022 the number will grow to 258 billion- an astounding 45% overall increase! Obviously, these are attractive numbers and no matter what your business domain is, you can take a bite out of the biggest pie in the market by having a mobile app. However, the main concern here is, how much it costs, right?
Well, to be honest, there’s no single answer that is idle to this question, when it comes to developing a mobile application, the cost varies depending on many things. A lot of factors like the platform, features, 3rd party API, add-ons, and its complexity must be taken into account while estimating a price. Confused? Well, let’s know the top 4 variables first that affect mobile application development most.
Business Model: Before getting or estimating an app price, you must be clear about the purpose of your mobile application. You must be clear about how the application will bring value to your business model. Will your application directly help to generate revenue? Or you want the mobile application as a tool for your customers to help you distinguish your business from your competitors? Is your app itself is the product, and selling it as your primary business model? The unique model of your business will categorize your mobile application, the goal of your mobile app development project, and the technologies you will need to bring your project to life- these are essential factors and will definitely affect your price.
Platform: There used to be 3 major platforms in the world of the mobile app. However, in today’s market, you have to only concentrate about two. One is Apple’s iOS and another one having the biggest market share is Google’s Android. Both platforms have good numbers of users and if you want maximum reachability, considering you have a bigger budget, you can get in touch with a mobile application development company, who can build an application for both of the platforms.
Functionality: Estimating overall mobile application cost is similar to buying a car. There’s a base price for an app and the more feature you want the application development will grow. When you are considering to develop a mobile application recognize what are the feature can be implemented in the basic app and make sure you leave space to add more features and above these, you must be clear about the underlying technologies to estimate your app development budget.
Design & Development: If you have figured out all the above points, let’s consider the main aspect which is app design and development itself. The cost will depend majorly on the development of your selected mobile application development company’s hourly rate and how fast you need the app. Depending on how your organization is structured, there will be additional costs associated with expenses like on planning, administration, marketing, infrastructure, and deployment. Talk to your preferred mobile application development company and let them know you need total transparency about the working hours and working rates and tax applications.
So what do you think? Do you clearly understand your Business Model, Platform, and Functionality? Have you selected a mobile app development company to fulfil your needs? If not, then you can get in touch with Unicode Solutions, one of the best mobile application development company in Delhi. Our service is not stuck with app development. We also offer affordable website design, SEO, web app development for business and individual needs. Get in touch with us for more information.
You might be interested in our previous mobile app related post. Go ahead, have a look here!