Let us start with a plain fact: If you have a business, you need to build an app. A business mobile app can act as your company’s online representative and enables you to serve your customers in a better way. Ultimately, it results in having a loyal customer base with increased sales figures.
We can classify customized mobile apps in three broad categories depending on the number of features and complexity of the app: Basic, Moderate, and Complex. Talking about the cost of mobile app, the basic app’s price starts from as low as $5000 and a highly complex app can cost you over $45000.
Read on to understand the key factors that determine a mobile app development cost.
Mobile application development cost depends upon various factors including feature integration, functionality and the platform on which it is being launched. Most mobile app development companies offer a package based on the hours spent in development. Some companies give a cost estimate based upon features and development platform.
Major elements that decide the total app development cost include:
- Project time
- Development team
- Cost of app elements
- Post-release expenses
The market for mobile application development is vast and evolving. Whether to hire a team of developers or outsource your app project- it’s your call. However, the points mentioned above will help you make a decision in line with your business requirements.
Original Source: Estimating the Cost of New Mobile Application Development
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