How To Calculate Mobile App Development Cost?

Most businesses acknowledge the importance of a mobile app to engulf a wider outreach in today’s market scenario. However, a significant proportion of them fails to translate their mobility ideas into reality. One of the major roadblocks constraining business from gaining an online presence is the ‘Apprehensions about the cost’. More often than not, businesses view mobile apps as an expensive investment and decide against it. However, if you really wish to expand your business, mobile applications can serve as the perfect branding investment. Instead of totally abandoning the idea of a mobile app, you should research the various costs involved. An extensive cost-benefit analysis will help you determine the cost of developing your app. Once you are aware of all the expenses, you would be in a better position to make the right choice.

Factors to consider while Calculating Mobile App Development Cost

While calculating the development cost of a mobile app, you must consider all the variables to get a realistic estimate. Following is a list of aspects that will influence the cost of your app. Consider them and get a professional quote to ensure that your app is financially efficient, both in development and operation.

• The type of app you wish to develop/ platform supported

Three types of apps dominate mobile presence today, namely Native, Hybrid and Web Applications. The type you choose will have a direct impact on the cost of development. Since hybrid and web apps require less technical expertise and are not platform specific, they generally cost less. These apps have cross-platform functionality and do not require different apps for different platforms. On the other hand, native apps are platform specific and require greater technical expertise. Native app development is unique for each platform and is thus resource and time intensive. Therefore, the priority you seek to serve with your app will determine its cost and time investment.

• The density of features and functionalities

Secondly, the number of features and functions that your app will support or offer will influence its development cost. If you wish to develop a multi-functional app which can perform various actions simultaneously, the cost is likely to be higher. Similarly, if you wish to offer a multiplicity of features to augment the user experience, the cost will scale up. On the other hand, apps that have limited functions and offer a few features are more cost effective, especially if you wish to experiment with the mobile presence. The cost will also escalate if you wish to develop a dynamic app and not a static one.

• Mobile app development company

Today a number of companies can assist you in developing an app for your business. From small startups to big enterprises, all are offering mobility solutions for business expansion. The choice of your development company will have a significant impact on the development cost. Startups are likely to be more cost-effective. Big enterprises, on the other hand, come with development costs which are beyond our reach. Therefore, your development partner will be a key determinant in app development cost.

• Third party collaborations

With more and more businesses seeking a mobile presence, the phone of an average user has a multiplicity of apps. To ensure that your users have a satisfactory user experience, your app must function well with the other apps. This generally involves collaborating with other app software to give a seamless experience. Collaboration entails getting permissions to integrate your app with others for holistic service provision. Therefore, integration of your app with others to provide common functions may impact the development cost of an app.

• The number of screens

Since each app serves a specific purpose, each has a different number of screens. The number of screens affects the cost of an app. It is obvious that more the number of screen and app requires more will it cost. This is so because each additional screen will require a base code along with third-party software integration, among others. This will require your developer to put in more time and thus, cost you more. Additionally, more screens indicate complex programming and design which may require greater technical expertise. Therefore, the number of screens will have a significant role in determining your app development cost.

Conclusion

The above points must have created some clarity to help you determine the cost of development of an app for your business. The process is simple. Just make a note of all your expectations from the app and explore the cost of each individually. Summing up the individual costs will give you a rough estimate of what your app is likely to cost. You can use this estimate to finalize your app specifications. If you are a business looking to develop an app and are confused about its development costs, contact usfor an instantaneous quote. Get our expert assistance on how to develop an economically efficient app that is robust, scalable and market ready.

Also, Read- Why Mobile Apps Are Important for your Business?