According to ComScore, smartphone users typically spend over 85% of their time using mobile apps rather than spending time on the website. There were 178 billion app downloads in 2019. This number has grown and is growing rapidly. It is estimated that this number will reach 258 billion in 2022, a staggering increase of 45%! These are obviously attractive numbers, and no matter what area of your business, a mobile app is a great way to taste the biggest cake on the market. However, the main concern here is how much does it costs, right?
To be honest, there is no single answer to this question. When it comes to developing a mobile app, the cost varies depending on many factors. There are many factors, such as platform, features, third-party APIs, plugins, and their complexity, to consider when estimating a price. Confused? First, let's understand the four main variables that most affect mobile app development.
Business model: Before you receive or estimate the price of an app, you must be clear about the purpose of your mobile app. You need to be clear on how the app will add value to your business model. Will your app help you generate income directly? Or do you want the mobile app to help your customers differentiate your business from the competition? Is your app itself the product and is it being sold as your primary business model? Your unique business model categorizes your mobile app, the goal of your mobile app development project, and the technologies you need to bring your project to life. These are essential factors that will definitely affect your price.
Platform: There were previously three main platforms in the world of mobile apps. However, in today's market, you only need to focus on two. One is Apple's iOS and the other with the largest market share is Google's Android. Both platforms have a good number of users. If you want maximum accessibility and have a bigger budget, you can turn to a mobile app development company that can build an app for both platforms.
Functionality: Estimating the total cost of mobile apps is similar to buying a car. There is a base price for an app, and the more features you want, the more development of the app. If you are planning to develop a mobile app, understand what functions can be implemented in the base app and be sure to leave room to add other functions. Additionally, you need to be clear about the underlying technologies to estimate your app development budget.
Design and Development: When you have understood all of the above, let's take a look at the main aspect, which is the design and development of the applications themselves. The cost strongly depends on the evolution of the hourly rate of the company chosen for the development of mobile applications and how quickly you need the application. Depending on your business structure, there are additional costs associated with expenses such as planning, administration, marketing, infrastructure and implementation. Talk to your favorite mobile app development company and let them know you need full visibility into working hours, rates, and tax applications.
So what do you think, do you clearly understand your business model, platform, and functionality? Have you selected a mobile application development company to meet your needs? Otherwise, you can turn to DigniTech Media Works Pvt. Ltd., one of the best mobile app development company in Noida. Our service is not related to application development. We also offer affordable website design, SEO, web application development for business and individual needs. You can contact us for more information.
You might also be interested in our previous article on the mobile application. Go ahead, look here!
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