Whenever you come up with an amazing idea for your business, you think of creating a mobile application. But, of course, the first thing which comes to your mind is the cost. So, how much does it cost to create a mobile app? Well, it completely depends on the mobile app developer you are hiring and a number of other factors and complications. To understand it better, let’s take a look at the factors which affect the cost of mobile app development.
Scope
Did you know that 91% of the US population has cell phones? And six out of every ten are smartphones? Perhaps not! It is expected that with the rise of use in smartphones there will be more than 10 billion mobile internet devices in use by 2016. Therefore, there is a lot of scope in mobile app development and developers aren’t going to settle for less.
The future of mobile app is bright. Recent studies show that in 2015 through the use of mobile applications, standalone apps will lose their significance, mobile competition will shift to ecosystems and accessories, mobile context will become high-definition and API tools and service visualization tools will appear in every development toolbox.
Let’s put it like this: imagine you want to renovate your house, but you have a limited budget. Of course, since you cannot afford costly renovations, the architect will come up with a low budget home renovation plan. The process will be easy and quick and the overall cost of the renovation will be lower. Let’s recreate this scenario when creating a mobile app. So, what is the main factor? Yes, it’s the budget. The bigger your budget is, the better your mobile app will be. On a limited budget, you will have to compromise on features and functionality. However, if budget is not an issue, you will get what you want.
Location
Nowadays, popular online platforms, such as Elance and oDesk, provide great opportunities for businesses looking to hire mobile app developers from around the world. You can hire app developers from economies where the cost of living is low. For example, if you hire an experienced developer in the US, the hourly charges could be as high as $100. However, an Indian mobile app developer will only charge around $30, as the cost of living there is low. If the mobile app developer you have hired is in the same time zone, you can expect high rates. So, offshore outsourcing could prove to be the best option.
Platform
Windows, iOS and Android: which platform should you choose for your app? This is a common question every business owner looking to create a mobile app gets confused with. Now, when it comes to the costs, the cost for each platform is different one another. Where an iOS app would cost you more, an Android app or Windows app will cost you less. More complex apps could cost you anywhere from $50,000 to $150,000. Recent studies show the average mobile app developer charges around $100 an hour.
So, now that you are familiar with the factors mentioned above, determining the cost of creating your own mobile application won’t be a problem.
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