It’s well-said that you have to adapt as per the situation and the culture. Smartphones have started to replace the traditional computers and even laptops now. How and Why? Well, it’s because of many things like the revolution in the internal and external storage the smartphones give now, the graphics and visual appeal it does and lot more things. It has now become a ‘Mini Personal Computer’ and as per the latest smartphones released, it is more of a ‘Mini Super Computer’. Yes, the smartphone is like a remote to every door, a switch to every new trends, and a branch that connects to every roots.
Smartphones are dominating because of the smartest app. It has to be admitted as the upgrades and updates can’t change the same thing totally different but applications can. The mobile applications have thousands of varieties design and development wise, business and consumer wise, industrial and layman wise, etc. People are generally unaware about the costing of the mobile application as the freelancers and the online tutorials have led the users and business misguide about the real cost of it.
In a world that has grown increasingly dependent on mobile technology, 62% of online traffic comes from smartphones and tablets. By 2018, that figure is expected to reach to 75%. The mobile app industry generated approximately $44.8 billion in 2016. By 2020, market analysts predict that the global mobile app market could hit $100 billion.
It is evident that mobile app development is a multi-stage process. If you are planning to have a mobile app designed for your business, you should first consider development costs. Mobile app development company is one word you would type on ‘Google’ for looking at the best companies for the development.
Here are a few of the many benefits of having a mobile app for your business:
1. Drastically improves the accessibility
2. Dramatically increases potential customer engagement
3. Increases the good will, enhances brand recognition
4. Improves value proposition
5. Presents another avenue for sales
Businesses develop apps that cater to the needs of their market. There are variety of apps you can consider, depending on the type of your business:
- Basic functionality
- Enhancement or modification
- Fully dynamic
- Custom utilities
- Database-driven functionality
Once you’ve determined the type of app you want to build and identified your target markets, it’s time to choose your platform. There are two main platforms to choose from: Android or iOS. The cost of this team depends on the complexity of the app.
Related Blog: Everything You Need To Know About Costing Of Mobile App
Estimated costs for iOS apps (for Apple devices) are as follows:
Simple, table-based apps: $1,000 to $4,000
Database apps: $4,000 to $8,000
Games: $8,000 to $25,000
For Android apps, cost ranges as follows:
Elementary Application: $5,000 to $8,000
Standard Application: $8,000 to $15,000
Complex Application: $15,000 to $25,000
High-tech Application: $25,000 to $45,000
In-app purchase capability: $1,000 to $3,000
Simple apps take approximately 10 weeks to build, with design accounting for up to 90 hours and backend development up to 800 hours. Complex apps take around 28 weeks to build. Design would need approximately 370 hours and backend development up to 2,200 hours.