How Much Does It Cost To Develop A Mobile App?

Getting a mobile app created for your organisation is crucial and businesses all around the world are investing in these applications. According to a study conducted by Statista, the mobile app revenue is set to increase from $318 billion in 2020 to over $600 billion in 2025. 

Businesses understand the importance of developing an app which is evident to see if you look at the third quarter of 2022 and how users spent $21.2 billion on the Apple store alone. These stats make it obvious that investing in mobile application development is essential, but how much will this investment be and what goes into the development of a mobile application? 

The cost of building an app depends on the app’s complexity. 

In this article we will discuss how much does it cost to develop a mobile app, all the aspects of mobile development costs and the factors that can take the prices up. Keep reading to get a semblance of how much you might need to spend on a mobile application if you do it in house or opt for an app development company. 

How Much Does it Cost to Develop a Mobile App: An Insider’s Guide 

There is no fixed amount when trying to figure out how much does it cost to develop a mobile app. A number of factors come into play when trying to decode mobile app development costs. Let’s take a deep dive into each of these factors and how much it can cost an organisation. 

The Anatomy of Cost: Factors That Influence Mobile App Development Expenses 

There are 4 major factors that can impact the cost of a mobile application. These factors include the type, region, design, and the platform used to develop the application. Each of these factors are then broken down into sub-categories which can impact the price accordingly. The following chart will show you an example of these sub-categories. 

Platform Predicament: Navigating the iOS vs. Android Dilemma 

The first step to mobile app development is deciding whether you want an iOS application or an android application, or maybe even both. IOS, Android and Hybrid app developers will have different timelines and costs associated and it all boils down to the type of application that would benefit your business the most. 

Native applications offer better performance and access to device features, as well as offering a seamless user experience. On the other hand, hybrid apps might not have the same level of functionality, but this method offers faster development times and lower costs as only one resource is required to create the application for all platforms. 

Depending on the organisational requirements and priorities, you can choose one of the two options to make a choice and start developing. You can either opt for the best hybrid app development, hire an iOS developer or hire an android developer. 

Cracking Complexity: Understanding How Features Shape Costs 

An application is based on the features it offers. The more features an application has, the more costly it potentially is. Features and functionalities can include payment gateways to API integrations. To summarise, there are 3 levels of features that an application can have, these include; simple apps, mid-level apps and complex apps. 

Simple Apps: 

These apps include the bare minimum that any application needs to function. They have low tech screens and necessary UI solutions without any added benefit. 

Price Range

Approximately $5,000 – $30,000.

Mid-Level Apps: 

Taking it a step further we get to mid-level applications. These apps have API integration functionality, with more screens, a custom UI and better features such as real-time messaging. 

Price Range

Typically ranges from $30,000 – $70,000.

Complex Apps: 

These are known as multi-function applications. They offer advanced features and real-time synchronisation. Complex apps can incorporate chatbots, media processing and enhanced UI animations. This is usually seen in custom android app development. 

Price Range

Can cost anywhere from $70,000 – $150,000 or more, depending on the specific requirements and features.

Choosing a type of application depends on the business requirements. Bear in mind, each increased level of application can have a substantial impact on the cost of development and the time to develop. 

Design Matters: Investing in User Experience 

Design plays a pivotal role in app development, influencing both user experience (UX) and user interface (UI) design. A poorly designed application can leave a negative impression on your user, especially if it is a customer-facing application. Some businesses might not take design into consideration when evaluating cost, but design is essential for a successful app. 

Within design there are several sub-categories that each cater to a different level of design, these are UI, UX, and responsive design. 

User Experience (UX) Design: 

A well-designed UX focuses on understanding user needs, behaviours, and preferences to create intuitive and engaging experiences. Investing in UX design upfront can help identify user pain points, streamline workflows, and optimise navigation, resulting in higher user satisfaction and retention. However, conducting user research, prototyping, and usability testing to iterate on UX designs can add to development costs. 

User Interface (UI) Design: 

UI design encompasses visual elements such as layout, typography, colour schemes, and interactive components that enhance the app’s aesthetic appeal and usability. A visually appealing and consistent UI contributes to brand identity, builds trust with users, and improves overall user engagement. Crafting custom UI designs and animations tailored to the app’s branding and target audience may require additional design resources and increase development costs. 

Responsive Design:  

With the proliferation of mobile devices and screen sizes, ensuring a seamless experience across various devices and resolutions is essential. Responsive design adapts the app’s layout and content dynamically to fit different screen sizes, orientations, and devices, providing a consistent experience for users. Implementing responsive design principles may involve additional design work to create adaptable layouts and optimise content for different viewports, potentially impacting development costs. 

Design Types and Their Estimated Costs

Basic Design

Basic design involves simple layouts, standard UI elements, and minimal customisations. It’s functional but lacks the polished, custom feel of more advanced designs.

Example

A basic e-commerce app with standard product listing pages and a simple checkout process.

Cost Range

Approximately $2,000 – $10,000.

Custom Design

Custom design includes tailored UI elements, brand-specific color schemes, and unique layouts. It provides a more refined and engaging user experience.

Example

A custom food delivery app with unique branding elements, personalised user dashboards, and an intuitive ordering process.

Cost Range

Typically ranges from $10,000 – $50,000.

High-End Design

High-end design offers advanced features like intricate animations, custom graphics, and a highly intuitive UX tailored to specific user needs. It involves in-depth research and testing to ensure the design meets user expectations.

Example

A high-end travel booking app with dynamic content, immersive visuals, interactive maps, and personalised recommendations.

Cost Range

Can cost anywhere from $50,000 – $150,000 or more, depending on the level of detail and customisation.

Building Blocks: Assembling Your Dream Development Team 

Once you have decided on the type of application you want and the design you are looking to get, the next step is to assemble a team of professionals. There are a number of options that can be taken when hiring a team. You can either hire a local agency to outsource your development tasks, hire an in-house team or recruit the help of freelancers. Each of these options have their own set of merits. 

The following table discusses the pros of each option and how they have an impact on the cost of development. 

Beyond Development: Navigating Maintenance and Support Costs 

Maintenance and support are the fuel that keeps your app going and is often seen as a hidden cost of application development. Maintenance and support involve ongoing tasks such as bug fixes, performance optimisations, feature updates, security patches, and compatibility enhancements. These maintenance services can range from working for mobile web development and custom apps. Here’s how maintenance can impact costs in app development: 

Bug Fixes: 

As users interact with the app, they may encounter bugs or issues that need to be addressed promptly. Fixing bugs requires developer time and effort, which adds to the overall maintenance costs. 

Example

If users report a bug causing crashes on certain devices, fixing this issue might require developer intervention to debug and patch the problem.

Estimated Cost

$500 – $2,000 per month.

Performance Optimisations: 

Over time, as the app’s user base grows or new features are added, performance issues may arise. Optimising the app’s performance to ensure smooth operation on various devices and network conditions can require significant development resources and thus increase maintenance costs. 

Example

As your app’s user base grows, you might notice slower load times. Optimising the app’s performance to handle increased traffic can involve updates to improve speed and efficiency.

Estimated Cost

$1,000 – $5,000 per month.

Feature Updates: 

To remain competitive and meet user expectations, app developers often need to introduce new features or enhancements. Planning, developing, and integrating these updates into the app requires both time and resources, impacting maintenance costs. 

Example

To stay competitive, you might decide to add a new feature like social media integration. This update requires planning, development, and integration into the existing app.

Estimated Cost

$2,000 – $10,000 per update.

Security Patches: 

With the ever-evolving threat landscape, ensuring the security of the app is paramount. Regularly issuing security patches and updates to address vulnerabilities or emerging threats is essential but can add to maintenance costs, especially if urgent fixes are needed. 

Example

In response to a new security threat, you might need to issue a patch to fix vulnerabilities and protect user data.

Estimated Cost

$500 – $3,000 per patch.

Compatibility Enhancements: 

As new operating system versions, devices, or third-party services are released, app compatibility may become an issue. Ensuring that the app remains compatible with the latest technologies and platforms may require modifications or updates, contributing to maintenance costs. 

Example

When developing an iOS app, you will get frequent iOS updates. To keep your app run smoothly, you will need to update your app to ensure it remains compatible with the latest operating system features.

Estimated Cost

$1,000 – $4,000 per enhancement.

User Support: 

Providing ongoing user support, addressing user inquiries, feedback, and complaints, is part of the maintenance process. Allocating resources to handle user support inquiries and ensuring a positive user experience can impact overall maintenance costs. 

Example

If your users are facing issues, you will need a dedicated support team that can ensure a positive experience and prompt resolution of any problems they may face.

Estimated Cost

$1,000 – $5,000 per month.

Infrastructure Costs: 

Depending on the app’s architecture, there may be ongoing infrastructure costs associated with hosting, server maintenance, data storage, and bandwidth usage. These infrastructure costs contribute to the overall maintenance expenses. 

Example

Ongoing expenses can be anything that you demand after the app is built. For instance, you need to include gamification feature into your services app to attract potential customers.

Estimated Cost

$500 – $2,500 per month.

Estimation Essentials: Tools and Techniques for Cost Projections 

Once you have decided all the aspects of your mobile app, it is best to start creating an estimation of your project. This can be done by using a number of different tools. These include: 

Estimation Templates: 

Utilise pre-designed estimation templates or spreadsheets tailored for mobile app development. These templates often include predefined categories such as design, development, testing, and deployment, making it easier to itemise costs and calculate estimates. 

Function Point Analysis (FPA): 

FPA is a technique used to measure the functionality provided by a software application. By quantifying the features and functionality of the mobile app, FPA helps estimate the effort and cost required for development. Various online tools and calculators are available to perform FPA quickly and accurately. 

Feature-Based Estimation: 

Break down the mobile app’s features and functionalities into granular components and estimate the cost for each feature individually. This approach allows for more accurate cost projections by considering the complexity and effort required for each feature. 

Benchmarking: 

Compare the proposed mobile app with similar apps in the market to gauge the level of effort and cost required for development. Analyse competitor apps in terms of features, complexity, user experience, and technology stack to derive comparative cost projections. 

Risk Analysis: 

Conduct a risk analysis to identify potential risks and uncertainties that may impact the project’s cost. Factor in contingencies and risk mitigation strategies when estimating costs to account for unforeseen challenges or scope changes. 

Project Management Tools: 

Use project management tools like Jira, Trello, or Asana to track project tasks, milestones, and expenses. These tools provide visibility into project progress and help manage costs effectively throughout the development lifecycle. 

Optimising Costs: Strategies for Maximising Value 

Mobile app development can be a costly process, but certain strategies can be employed to optimise the costs during the development process. These strategies include: 

Prioritise Features 

Identify and prioritise essential features that align with the app’s core objectives and user needs. Focus on developing minimum viable product (MVP) features first and consider adding additional features in future updates based on user feedback and analytics. 

Iterative Development 

Embrace an iterative development approach where the app is developed and released in small, incremental stages. This allows for continuous feedback and refinement, reducing the risk of costly rework and ensuring that resources are allocated efficiently. 

Use Open-Source Technologies 

Leverage open-source frameworks, libraries, and tools to reduce development costs. Open-source technologies offer robust functionality and community support without the licensing fees associated with proprietary software. 

Cross-Platform Development 

Consider cross-platform development frameworks like React Native, Flutter, or Xamarin to build mobile apps that can run on multiple platforms (iOS and Android) with a single codebase. Cross-platform development reduces development time and costs compared to building separate native apps for each platform. 

Outsource Non-Core Activities 

Outsource non-core activities such as UI/UX design, quality assurance testing, or backend development to specialised vendors or freelancers. Outsourcing allows you to tap into expertise on an as-needed basis while avoiding the overhead costs of hiring full-time employees. 

Cloud Services 

Utilise cloud services for hosting, storage, and backend infrastructure instead of building and maintaining on-premises servers. Cloud services offer scalability, flexibility, and cost-effectiveness, allowing you to pay only for the resources you use. 

Optimise Resource Utilisation 

Monitor and optimise resource utilisation throughout the development process to avoid waste and inefficiency. This includes managing developer time effectively, minimising idle time, and optimising infrastructure usage to reduce costs. 

Automate Development Processes 

Implement automation tools and practices for repetitive tasks such as code deployment, testing, and continuous integration/continuous deployment (CI/CD). Automation reduces manual effort, accelerates development cycles, and minimises errors, resulting in cost savings over time. 

Negotiate Vendor Contracts 

Negotiate favourable terms and pricing with vendors, suppliers, and service providers. Explore bulk discounts, volume-based pricing, or long-term contracts to secure cost savings on essential services and resources. 

Monitor and Track Costs 

Implement robust cost monitoring and tracking mechanisms to keep a close eye on project expenditures. Regularly review budgets, expenses, and resource allocations to identify cost overruns, inefficiencies, or areas for optimisation. 

Why Choose FuturByte for Mobile App Development?

FuturByte is a leading development company specialising in creating custom mobile apps tailored to meet the unique needs of businesses. With a team of skilled developers and designers, we bring innovative ideas to life, whether you’re looking for a native app, a cross-platform solution, or a progressive web app. Our expertise spans various industries, allowing us to craft apps that enhance user experiences and drive business growth.

At FuturByte, we prioritise understanding your business goals and challenges, ensuring that every app we develop aligns perfectly with your vision. Our comprehensive services cover every stage of the development process, from initial concept and design to coding, testing, and ongoing support. We are committed to delivering high-quality, scalable, and secure apps that stand out in the competitive market.

Whether you’re a startup looking to launch your first app or an established enterprise aiming to expand your digital presence, FuturByte offers the expertise and dedication needed to make your project a success. Contact us today to start your journey towards creating a cutting-edge mobile app that meets your business objectives and delights your users.

How FuturByte Can Minimise the Cost of App Development

Skilled Team and Efficient Work

We have a team of experienced developers who know all the latest technologies and tools. Their expertise helps us work quickly and efficiently, which means we can save time and reduce costs for you.

Tailored Solutions

We create customised apps that fit your specific business needs, avoiding unnecessary features that could cost more. By focusing on what’s truly important for your business, we ensure you’re not paying for things you don’t need.

Flexible Development Approach

We use an agile development method, which allows us to make changes and improvements throughout the project. This means we can quickly adjust to your feedback and avoid costly delays or revisions later on.

Cross-Platform Development

To save time and money, we often use cross-platform development tools like Flutter or React Native. These allow us to build one app that works on both iOS and Android instead of creating separate apps for each platform.

Reusable Components

Our developers create reusable parts of the app that can be used in different projects. This speeds up development and saves costs, as we don’t have to build everything from scratch every time.

Starting with an MVP

We recommend starting with a Minimum Viable Product (MVP), which includes only the essential features. This allows you to launch quickly, get feedback from users, and then add more features based on what’s needed, saving both time and money.

Affordable Maintenance and Support

After the app is launched, we offer cost-effective maintenance and support plans. We keep the app updated and secure without high costs, and by preventing problems before they start, we save you money in the long run.

Clear Communication and Planning

We believe in being open and clear about the development process. We provide detailed plans and regular updates so you always know where your money is going and can avoid unexpected costs.

By using our skilled team, efficient methods, and customer-focused approach, FuturByte helps you get a great app without breaking the bank. We’re committed to delivering quality work at a fair price, making us a trusted partner in mobile app development.

Conclusion 

The cost of developing a mobile app can differ greatly based on the type of app you choose. Here’s a brief overview of the various types of mobile apps and their estimated costs:

• Native Apps: $30,000 – $150,000
• Hybrid Apps: $20,000 – $100,000
• Cross-Platform Apps: $25,000 – $120,000
• Web Apps: $10,000 – $50,000
• Progressive Web Apps (PWAs): $15,000 – $60,000
• Enterprise Apps: $40,000 – $200,000
• Gaming Apps: $50,000 – $250,000
• Educational Apps: $20,000 – $80,000
• E-commerce Apps: $30,000 – $150,000
• Social Media Apps: $40,000 – $200,000

Understanding these cost ranges can help you plan your budget more effectively and make informed decisions. If you are looking for mobile app development services from a team of experts, FuturByte has got you covered.  Our team of mobile app developers will help you create a mobile application based on your business needs while staying within budget. Contact us today for a free consultation.