Businesses are under pressure to digitize as a result of overcrowded markets and fierce competition. They do, however, want to do so in the most cost-effective manner possible. Please continue reading to learn where these figures come from, what they mean in practice, what influences them, and how to save money on mobile app growth with our tried-and-true methods.
The Average Cost for Building a Mobile App
If you want to build a smartphone app for two platforms (Android and iOS), you'll need to budget closer to $100,000 rather than $10,000. The best way to speak about the cost of mobile app growth, in our opinion, is to think about it in terms of complexity.
For a single platform (25,000 - 50,000)$ - SIMPLE
Around 325–650 hours of work will be logged by the development team (developers, Scrum Master).
The suggested QA basic plan for this type of app includes 50 hours of QA specialist work per month.
If you have two developers per platform, production will take 4 to 9 weeks.
What do we mean by "Simple app."
Getting a good picture of a collection of essential features with basic business logic,
Consisting of up to five screens with a primary user interface and no custom elements
This type of app is typically developed by start-ups searching for a business fit.
For a single platform (50,000 - 100,000)$ - With Some Complexities
Around 650-1100 hours will be worked by the production team (developers and Scrum Master).
The QA Extended plan is recommended for this type of app since it includes 80 hours of QA specialist work per month.
If you have two developers per platform, production will take about 10-15 weeks (2-4 months).
What do we mean by "With some Complexity."
Consisting of around 6-15 screens and a few complex features of intermediate business logic
With a few exclusive UI elements and animations
For up to two languages of localization
For a single platform (100,000+)$ - Complex App
More than 1100 hours of work will be logged by the production team (developers and Scrum Master).
The suggested QA Enterprise plan for these apps includes 150 hours of QA specialist work each month.
If you have two developers per platform, production will take at least 16 weeks (or more than 3 months).
What do we mean by "Complex app."
There are over 15 screens in total, with many dynamic features and sophisticated business logic.
With a completely customized user interface and advanced animations, and a sizable user base (multilingual)
That necessitated creating a complex architecture, multiple integrations, or the need to meet high-security requirements.
Factors that trigger the cost of Mobile App Development
Features and its complexity: The type of app you want to create impacts the cost of developing a mobile app. Your development team will estimate how many person-hours will be needed to execute your requirements before starting a collaboration. This is a crucial step in the project preparation process.
Engagement: Authorization, networking, alerts, and other features are examples of these. A user authorization function can come in a variety of flavours, from basic to complex.
In-app Purchase: This group of features pertains to the various methods by which users can buy items in your app. Within apps, credit cards, Google Wallet, Apple Pay, and PayPal are all standard payment methods. Any payment processing method would take more time to implement and boost the development cost.
Maintenance Cost: This is an essential aspect that many would-be app developers overlook. We tend to believe that software development costs are only incurred once the solution is complete. This isn't correct. Customer and their preferences are continually shifting. The product must adjust to these shifts (not adapting to market changes is one of the most common mistakes in mobile app development). That's why app maintenance and upgrading are critical aspects of the development process – and a cost factor.