Last updated on December 12th, 2024
Lucky are we to live in an era where there’s an app for everything. From entertainment and fitness to workflow management and learning, mobile apps have simplified our daily lives.
Currently, As per the Forbes the global app bank is flushed with 8.93 million mobile apps. Studies by Statista also reveal that consumers are expected to download 143 billion mobile apps from the Google Play Store by 2026. That’s an increase of nearly 30% as compared to app downloads in 2021. Likewise, from the Apple Store, it’s projected to be about 38 billion downloads – an increase of 15% than in 2021.
This increasing reliance on mobile apps will spike the market revenue across various segments. This is expected to reach around $567.19 by the year 2030.
Given its widespread popularity, it’s only natural for every online business to build an app and invest in mobile app development. But do you know what’s the biggest consideration most businesses ponder when planning to develop an app?
It’s the mobile app development cost!
Also Read: How much does it cost to create an app
Has the same question hit your mind as well? If yes, then this comprehensive blog on mobile app development cost is for you! Through this blog, you will get insights on:
- Overview of mobile app development cost estimation
- Most popular apps and their development cost
- 8 Factors impacting mobile app development cost
- Hidden factors affecting cost involved app development
- How to Estimate App Development Cost?
- Hiring Model for Application Development
- Systematic process of how to create an app
- Various app monetization models
- Tips to reduce your mobile app development cost
- How can iTechnolabs help you with mobile app development costs?
- Frequently asked questions about mobile app development costs.
So, without further ado, let’s get started!
Table of Contents
ToggleBrief Overview Of Mobile App Development Cost Estimation
The latest industry reports suggest that the tentative cost to make an app is between $30,000 and $250,000. These costs can even rise above $300,000 for building a more complex, feature-rich mobile app.
According to a Clutch survey, the average minimum cost for an app development project falls within the range of $5,000 to $10,000. However, it also quickly establishes that costs only cover the discovery phase. The actual app development costs are much higher with a median total cost of $171,450.
On the other hand, GoodFirms places a basic mobile app in the price range of $40,000 to $60,000 and a medium complexity app between $61,000 to $69,000. For a feature-rich app, GoodFirms places it between $70,000 to $100,000.
Well, you might have expected to see a simple number here. But, here’s the truth – the cost of developing an app will always vary. That’s because several factors go into determining the cost of building an app. We will cover these factors in detail in the sections ahead.
It’s worth noting that there are several phases in app development. So, the overall cost will also include the cumulative hours required for each development process, multiplied by the billable hours of resources involved.
So, before we discuss the factors that determine the cost to create an app, let’s look at some popular apps and their development cost. Knowing the average development cost of these apps will help you better plan your upcoming app and associated budget.
Read More: A Complete Breakdown Cost to Build a Mobile App
Trending Apps And Their Development Cost Estimation
Here are a few apps leading the current app market that have transformed and redefined the concept of customer experience.
The most widely used instant messaging app that allows you to chat, and share multimedia files, like photos, videos, links, and documents with your contacts. If you want to develop an instant messaging app, the cost to develop a chat app like Whatsapp would be between $30,000- $70,000.
Netflix
Love binge-watching on Netflix? We all do! After all, it’s the world’s leading media streaming platform. However, creating such a complex media streaming app like Netflix may cost you somewhere around $25,000 to $200,000.
Zomato
A popular food delivery app that allows customers to order food from their favorite restaurants, Zomato shares a market share of 58% in India. Developing a Zomato-like app, that involves maintaining a huge database of customers, delivery personnel, and restaurants, would cost you around $22000 or more, depending upon several factors. Â
Temu
It is a leading shopping app in the e-commerce industry, popular for its user-friendly interface and convenient features. Temu constantly improving its logistics and supply chain management, ensuring timely deliveries. The estimated app development cost for temu-like shopping apps can range between $50,000-$200,000.
Tik Tok
Are you also a tiktok holic? This video-sharing app allows users to re-enact their favorite scenes from different music videos and movies and lip-sync dialogues. The app also has various filters to enhance your pictures and videos. If you want to build an app like TikTok, it’d cost you around $60,000 to $100,000 for a single platform and up to $150,000 for hybrid development.
Zoom
Zoom is a leading video conferencing app for businesses, supporting virtual meetings with features like screen sharing, document collaboration, and seamless communication. Developing a similar app like zoom can cost between $30,000 and $200,000 based on desired features.
PayPal
PayPal is a popular finance app that enables transactions and money storage without relying on banks. It serves as both a wallet and a payment gateway. Building a similar app like paypal typically costs between $150,000 and $300,000+, depending on various factors.
Spotify
Spotify is a beloved app that gives you access to millions of songs, podcasts, and videos globally. While basic features are free, premium access comes at a price. Developing a Spotify-like app can cost between $45,000 and $250,000.
Airbnb
Airbnb is an online marketplace that connects hosts with guests, offering unique, affordable stays, from private rooms to entire rooms. It also provides experiences, like cooking classes, tours, and adventures worldwide. The cost to develop an Airbnb platform can range from $50,000 to $250,000 or more.Â
eurosport
It is a popular sports streaming platform in Europe, offering wide coverage of sports, like Tennis, Football, Cycling, and motorsports. It uses 44 technologies, including HTML5, jQuery, and Google Analytics. The cost to develop an Eurosport-like app can range from $40,000 for a simple version, and exceed $300,000 for a comprehensive, high-quality application.
Trending Mobile Apps | Average App Development Cost |
$30,000-$70,000 | |
Netflix | $25,000-$200,000 |
Uber | $30,000-$100,000 |
Coursera | $60,00-$120,000 |
TikTok | $60,000-$100,000 |
Zoom | $30,000 and $200,000 |
PayPal | $150,000 and $300,000+ |
Spotify | $45,000 and $250,000 |
Now that you have an idea of the average mobile app development cost of different app types, let’s consider the factors now.
8 Essential Factors Affecting Mobile App Development Cost
As mentioned above, different factors are involved when determining the cost of developing an app. Understanding these factors will help you plan your app budget wisely while giving you the best return on your development.
1. App Features and Complexity
A mobile app is all about its features & offerings. However, how feature-loaded your app would be plays a critical role in determining its development cost. For example, a simple app will have basic features, like a login system, profile management, messaging, etc.
Now, the more features you add, the more complex your app becomes. Based on the feature sets, you have medium complex (includes features like social media integrations, audio/video streaming, payment gateway, user privacy, etc., and highly complex apps (includes features, like integrated analytics, AI, and ML processes). These increasing features and level of complexity add to the overall app development cost.
The cost of a medium-complex app can fall between $50,000- $120,000. Whereas, the cost of a complex app could be from $100,000 to $300,000 and more.
Experts recommend incorporating only the core features in the initial app version. It will help you cost-effectively build your app. Plus, equipped with essential features will allow the app to offer a great customer experience.
We advise you to develop an MVP (Minimal Viable Product). It’s the first version of a product/app with a basic feature set. It will help you get valuable feedback on your new app while saving you time and money.
Below we have showcased the average time and app development cost required for basic features and complex features.
Features | Function | Approximate Time | Average cost |
User Login |
|
30-42 hours | $500 – $1,000 |
Profile Completion |
|
30-40 hours | $900-$1,000 |
Messaging |
|
170-180 hours | $3,000-$5,000 |
Push Notifications | Push notifications and reminders for users | 25-32 hours | $1,000 – $1,200 |
Basic admin panel: User management |
|
66-90 hours | $3,500-$4,000 |
Table: Mobile app development cost breakdown based on basic feature integration
Features | Function | Approximate Time | Average cost |
Payments |
|
60-78 hours | $2,500-$3,000 |
Calls |
|
300-400 hours | $14,000-$15,000 |
Maps |
|
100-120 hours | $3,000-$4,000 |
Table: Mobile app development cost breakdown based on advanced feature integration
Suggested: How Much Does it Cost to Develop an App for iOS?
2. App type or category
The type of your mobile application can have a significant impact on its development costs. Different types of apps will have different features and functionalities, ultimately leading to varying development costs.
Some of the top app types/categories are:
- Social Networking Apps
Social media apps like Facebook & Instagram are developed with third-party integrations. These also have the ability to use hardware functions such as audio recorders, cameras, etc. Such apps are highly scalable to support and manage millions of users simultaneously.
This richness in features and functionality leads to a higher development cost than that of other less complex ones.
- eCommerce/mCommerce AppsÂ
eCommerce platforms such as Amazon, Nike, and Sephora, are loaded with a plethora of features. These features enable them to perform effectively in real time, have robust security, and handle millions of users at once.
- Hardware-dependent AppsÂ
IoT-based mobile apps depend on hardware devices for carrying out actions like sending commands for a particular action or extracting data.
- On-demand Apps
Whether it’s a basic or a complex on-demand app, it will have three versions – for vendors, customers, and the business.
App Category | Hours Estimation | Development Cost Estimation |
Social media | 1200 |  $50,000 – $300,000 |
eCommerce | 1200 | $50,000 – $150,000 |
Dating | 1400 | $50,000 – $350,000 |
Gaming | 1800 + | $60,000 – $250,000 |
Learning | 900 | $60,000 – $225,000 |
Table: App development cost estimation based on category
3. App Platform
The cost of developing your mobile app will also depend on the platform you choose. You can choose to build an Android or iOS or cross-platform app, depending on your audience. If you have a minimal budget, we recommend you initially opt for one platform. You can definitely shift to multiple platforms later on.
Below are listed the most popular mobile app platforms you can choose from: App Development Cost Based on Its Type or Platform
- Web App Platform
Web apps are application programs stored on a remote server and delivered over the internet through a browser. The development of such apps is more cost-effective than other platforms. The cost to develop a web app can typically range from $15,000 to $50,000.Â
- Native App Platform ( iOS & Android)Â
Applications developed for one particular platform. iOS apps are built using Swift and Objective C languages, whereas Android uses Java and/or Kotlin. The cost to develop a native app may range between $50,000 to $100,000
- Cross-platformÂ
These are the apps that can run on both platforms, be it iOS or Android. Developing such apps offers many benefits, such as less development effort and single code use. Cross-platform apps are usually built using Flutter and React Native. To develop a cross-platform application, you might need to spend between $25,000 to $60,000.
- HybridÂ
These apps are a mix of both native and web platforms. Installed like a native app, it runs in a web view component. Developing a hybrid cost may range between $10,000 to $150,000.
Here is the table showing app development cost based on its type or platform:
Mobile App Development Platform | Average App Development Cost |
Native apps (Android & iOS) | $50,000 to $100,000 |
Cross-platform apps | $25,000 to $60,000 |
Web apps | $15,000 to $50,000 |
Hybrid apps | $10,000 to $150,000 |
Table: Mobile app development cost estimation based on platform
Important: How Much Does it Cost to Start an App?
4. App Location
The location of the developer/team you hire for your app development needs also affects the overall app development cost. This is due to variations in hourly rates across regions. Moreover, time zones, cultural differences, and communication styles may affect collaboration and project timelines, indirectly affecting costs.Â
Here are some country-specific mobile app development cost explanations:Â
Mobile app development costs in Singapore vary widely, ranging from SGD 10,000 for basic apps to over SGD 100,000 for advanced features or gaming apps. Factors like design, maintenance, and marketing also influence expenses.
App Type/Service | Estimated Cost (SGD) | Details |
Basic app development | 10,000–50,000 | Apps with simple functionalities. |
Advanced App Development | Starts at 85,000 | Includes advanced features and complex functionalities. |
Social Media App (e.g., Facebook) | ~40,000 | Development for iOS platform. |
Ride-Hailing Apps (e.g., Uber) | 38,000 (Android), 45,000–50,000 (iOS) | Costs vary by platform. |
eCommerce App (e.g., Amazon) | ~45,000 | Robust online shopping apps. |
Shopping App | 20,000 – 40,000 | Apps for online retail. |
Gaming App | 80,000 – 100,000 | High-budget apps for gaming. |
App Design | 5,000 – 40,000 | Costs depend on complexity and customization. |
Maintenance and Support | 1,000 – 10,000/month | Ongoing support fees vary based on requirements. |
Marketing | Varies | Costs depend on chosen strategies and budget. |
General Trends | – | Costs may decrease with competition but increase by 15% over five years due to demand growth. |
The cost of mobile app development in Australia depends on app complexity, features, and the development team’s location. Simple apps cost around $30,000–$50,000, medium-complexity apps range from $50,000–$100,000, and highly complex apps can exceed $100,000.
App Complexity | Estimated Cost (AUD) |
Simple App | $30,000–$50,000 |
Medium Complexity App | $50,000–$100,000 |
Complex App | $100,000+ |
Mobile app development costs in Canada vary based on factors like complexity, platform, and app type. Basic apps can range from CAD 10,000 to CAD 50,000, while medium-complexity apps cost CAD 50,000 to CAD 100,000. Highly complex apps may exceed CAD 100,000, depending on the features and technologies involved.
Here’s a cost breakdown based on app complexity
App Complexity | iOS (CAD) | Android (CAD) | Cross-platform (CAD) |
Basic App | 10,000 – 50,000 | 10,000 – 50,000 | 20,000 – 80,000 |
Medium Complexity | 50,000 – 100,000 | 50,000 – 100,000 | 80,000 – 150,000 |
Highly Complex | Above 100,000 | Above 100,000 | Above 150,000 |
The cost of mobile app development in Dubai ranges from AED 50,000 to AED 500,000, depending on factors such as app size, complexity, customization, platform, and team expertise. Additional costs may arise from UI/UX design, third-party integrations, and ongoing support. Developing for both iOS and Android increases the cost.
Here’s a cost breakdown:
App Size | Complexity Level | Development Cost (AED) |
Small | Low | 50,000 – 100,000 |
Medium | Medium | 100,000 – 300,000 |
Large | High | 300,000 – 500,000 |
The cost of developing a mobile app in Saudi Arabia can vary based on several factors, including the app’s complexity, platform, and features. On average, development costs range from SAR 50,000 to SAR 500,000. Key cost determinants include design complexity, platform choice (iOS or Android), and whether the app is custom-built or uses third-party integrations. Development timelines also affect the overall cost, with more complex apps requiring a longer time to build, which increases costs.
Here’s a cost breakdown:
App Complexity | Cost Range (SAR) |
Simple | 50,000 – 100,000 |
Medium | 100,000 – 250,000 |
Complex | 250,000 – 500,000 |
5. App Design
Mobile app design is a combination of two aspects – user interface (UI) and user experience (UX). The UI is basically the look and feel of your app, while the UX encompasses the app’s use and functions. Focusing on app design is crucial to ensure maximum user engagement.
When it comes to deciding on app design, generally there are two options – Standard UI and Custom UI. Since designing custom UI is time-consuming and complex, it is comparatively more expensive than standard UI designing.
Other components of app design are:
- Wireframing: The process in which developers create a visual guide (through sketches) to explain how an app will work. It is an important aspect of app design as it helps create effective user experience features and maps.
- Animations and illustrations: App developers use various animation effects to make certain aspects of any application intuitive and interesting.
App Design Process | Tasks Involved | Average Development Time | Average Development Cost |
App Design Research |
|
Based on the niche and available resource | $100-$350 |
UX Design |
|
|
$2000-$8000 |
UI Design (Visuals) |
|
|
$10,000-$40,000 |
Branding | Creating brand identity | Logos, icons, and social media | $5,000-$20,000 |
Animations and illustrations |
|
Based on the level of animations | $1000-$20,000 |
Table: Mobile app development cost estimation based on its app design
6. App Maintenance
It’s a myth that app development costs come to an end at the development stage. Your app needs to be constantly refined to keep up with the changing market trends, OS versions, and new devices. All this comes at a cost. But what all take up your budget after the development stage?
- Design changes: To keep users hooked, businesses should keep improving their app designs.
- Bug fixes: A big-free mobile app is a fallacy. There will always be one or the other issues arising with your app. To detect and fix them timely for uninterrupted use, businesses need to have a look out for bugs.
Typically, app maintenance cost is calculated annually at the valuation of 20% of the overall app development cost.
7. Development Team Size and Location
The overall cost of developing an app greatly depends on the developer you choose. You can choose from multiple options – a seasoned app development company, an in-house development team, a local team, or a freelance developer.
Of all the available options, outsourcing your development project to a proficient app development company would cost you more than others. However, this investment and trust can do wonders for your business app. An experienced development team will build an app with the best features and functionalities.
Cost Factors and Requirements | Simple App | Medium App | Complex App |
Development time | 2-6 months | 6-9 months | 9-15 months |
Developers | $30-40,000 | $50-60,000 | $100,000+ |
UI/UX Designer | $4-5,000 | $5-7,000 | $10-15,000 |
Project Manager | $5-7,000 | $10-15,000 | $10,000+ |
QA Specialist | $8-10,000 | $15-20,000 | $20,000+ |
Business Analyst | $2-3,000 | $5-8,000 | $8-10,000 |
DevOps | $2-4,000 | $5-7,000 | $10,000+ |
Solution Architect | $1-3,000 | $5-8,000 | $9,000+ |
Total | $20-50,000 | $50-100,000 | $100,000+ |
Table: Estimated cost for outsourcing mobile app development
Related: How Much Does Android App Development Cost?
Besides the team size, the location of the developer/team you appoint for your app development needs also affects the overall app development cost. Check out the table below to get a better idea.
Region | App Development Cost |
India | $20-40/hr |
Australia | $80-200/hr |
Russia | $60-150/hr |
USA | $80-170/hr |
Ukraine | $30-100/hr |
Table: Mobile app development cost estimation based on developer’s location
8. Development Stage
If you are wondering, how much does it cost to develop an app based on development stages, here’s all you need to know:
- Cost of App Development at Discovery Stage: The initial phase involves market analysis, business planning, and documentation. A good development company will ask many questions to understand your business and its goals. This stage typically accounts for 10% of the total cost and takes 20–200 hours to complete. The estimated cost for this development stage is $1,200 – $11,000 (with a timeline of 2–4 weeks)
- Cost of App Development at the Design Stage: The second phase focuses on prototyping, UX design, and UI design. A well-designed app is crucial for making a great first impression. Investing in quality design, which can take up to 10-15% of the total cost, is essential for your project’s success. The estimated cost for this development stage is $2,500 – $10,000 (with a timeline of 3–4 weeks)
- Cost of App Development at the Development Stage: The coding stage is the costliest in the app development process, as complex features require more time and effort. It involves designing the architecture, storage, encryption, user base, and integrations. Cross-platform frameworks can reduce costs compared to separate apps. The estimated cost for this development stage is $3,000 – $60,000 (with a timeline of 2–6 months)
- Cost of Testing and Deployment Stage: Testing ensures app quality and reduces post-launch bug-fixing costs. A thorough quality assurance process minimizes crashes, glitches, and lags, improving user satisfaction. The cost of testing and deployment varies based on the app’s complexity and features, playing a crucial role in determining overall development expenses. The estimated cost for this development stage is <$5,000 (with a timeline of 2–4 weeks)
So, these were the eight important factors that determine the cost of building an app. However, some other factors are adding to the app development cost that often go missing.
Let’s learn more.
Hidden Factors Affecting The Cost Involved In Mobile App Development
When planning for your next app or even hiring a developer to build it, consider discussing these hidden factors:
Infrastructure Costs
Include expenses for data delivery, data storage, and app hosting. All this adds to both the complexity and cost of a project. Some examples of infrastructure items include data warehouses, servers, development tools, and libraries.
Quality Assurance
To ensure the quality of your mobile app, you will need to hire a quality assurance team and a project manager. In addition, you will also need business analysts to help you reduce the development cost and keep it within your budget.
IT Support Costs
Developing an app without IT support is like embarking on a foreign land without a GPS. It’s impossible to build a high-quality app without continuous IT support services. These may include bug fixing, iOS and Android updates, and API maintenance. However, over time, the IT support cost may increase.
App Security
Securing your app should be your top priority to ensure user trust. For this, you should have a proper security plan. Considering this aspect from the beginning, and taking time for thorough testing and security checks in advance will ensure a smooth process. Failing to do so may result in higher costs, potentially leading to financial and reputational losses.
Third-party Integration
Integrating third-party services, such as location sharing, payment gateways, or social media logins, can enhance the app’s functionality. However, these integrations often require additional development time, testing, and maintenance. These factors can increase the overall cost of your app development, as you’ll need to ensure compatibility, security, and smooth operation across various platforms and services.Â
So, these are all the factors that may affect your mobile application development cost. Based on these factors, plan your next app budget wisely.
Interested in understanding the complete app development process? Continue to read…
Related Article: Cost to Maintain an App – A Brief Guide
Hiring Model for Application Development
Choosing the right app development company can affect your overall development cost. Why? Often such companies offer different pricing models designed based on the typical needs of app development services. Understanding these hiring models for application development can help you plan your budget wisely:Â
- Monthly Hiring Model
This model hires offshore developers for a fixed set of hours monthly. This type of hiring model allows you to manage the team your way, track projects in real-time, and receive transparent monthly billing records with this flexible and efficient hiring model.Â
- Hourly Hiring Model
It allows you to pay only for the hours you hire the offshore team, allowing you to adjust as needed. It involves open communication and getting real-time updates on the app development progress to stay informed and in control of your projects. Â
- Fixed-cost Hiring ModelÂ
This model offers predictable budgeting, faster project completion by enhancing your team, real-time progress tracking, and cost-effective modifications, ensuring efficient project delivery within a defined budget.
How to Estimate App Development Cost?
Now that you know the factors that affect your mobile app development cost, it’s important to understand how to accurately estimate these expenses.
Determine your App Type
While your app idea may be strong, gaining user love is a different challenge. There are various app types, each suited to different business needs. Selecting the right one for your goals is crucial, as it directly influences the scope, complexity, and ultimately, the cost of development. A mindful choice ensures both user engagement and cost efficiency.Â
- Basic Apps: Basic or simple apps typically range between $5,000 and $60,000 because they don’t involve much front-end and back-end development. The cost can vary according to the platform (iOS, Android, or both) and the developer’s rates. Often these apps are just basic games, calculators, or utilities apps that may not have any complex features or any kind of customization at all.
- Data-driven Apps: Developing data-based apps can cost anywhere from $25,000 to $80,000 depending on the complexity of data processing and analysis. To generate useful insights, these apps gather and analyze large volumes of data. Calendars, weather apps, and maps are some common examples of such apps. Their cost increases with the complexity of data handling, real-time processing, and third-party integrations.Â
- On-demand Service Apps: These apps allow users to connect to products or services in real-time, making things easier and faster. Creating these apps can run you anywhere between $60,000 and $120,000. However, the final price is dependent on geolocation features, integration with the payment gateway, and management of service providers, which need careful planning, development, and continuing support to make it work flawlessly.
- Gaming Apps: The cost of developing gaming apps can range from $30,000 to $200,000, depending on the complexity and design requirements. Simple 2D games are relatively affordable, while more intricate 3D games with multiplayer features demand advanced graphics, powerful back-end systems, and sophisticated user interfaces. These factors contribute to higher processing power needs and extensive development, driving up the overall cost.
- Social Network Apps: Developing a social media app can cost you between $30,000 to $1,00,000, depending on its features. Key functionalities, such as social interactions, user profiles, messaging, and media sharing influence the cost. Additional elements like push notifications, real-time updates, and scalability further affect the cost.Â
- Enterprise Apps: Enterprise apps are designed to streamline in-house operations, like sales, CRM, marketing, and HRM. The cost of developing such apps can range from $50,000 to $300,000. This cost varies depending on the complexity of business processes, integration needs, and the level of customization required. More intricate workflows and system integrations typically drive the overall cost higher.
- eLearning Apps: The cost of the development and implementation of eLearning apps ranges between $60,000 to $300,000. They offer online learning platforms and resources like virtual classrooms, online course management, and training tools. With the addition of multimedia content, progress tracking, interactive quizzes, and other tunable features to improve user engagement and personalization, the price can rise dramatically.Â
- Healthcare Apps:Â If you are planning to build a healthcare app, you might need to spend between $45,000 to $250,000, varying on its complexity. Factors like compliance with healthcare regulations, secure data handling, and integration with medical devices can drive the price higher. These elements require specialized development and careful testing, to ensure the app meets standards and provides reliable, secure functionality for users.Â
Interested in understanding the complete app development process? Continue to read…
Step-by-step Process of Developing A Mobile App
A typical mobile app development life cycle comprises several stages, which include:
Research the target market
The purpose of your mobile app is to cater to the needs of your customers. But who are your target customers? To determine this, conducting thorough market research is important. The findings of this research will help you understand the market dynamics, who are the leading players in your industry, and more.
Through research, understand who your target customers are, their goals, preferences, and behaviors, and the platforms and mobile devices they use.
Also, make sure to research the top-performing apps in your industry. This competitor analysis will help you develop a better product.
Choose the right app development platform
You can choose to develop your mobile app on any platform, including iOS and Android. But if you are tight on the budget, it’s better to select any one platform. Once your app monetizes well, you can enhance your functionality to make it multi-platform-supportive.
Find the right app development company
According to EvansData, there are nearly 26.4million app developers globally. Of these, over 5.9million people are Android developers and 2.8 million iOS developers. So, whom to choose to develop your app? Not all the app developers you come across can develop the best app for you.
Hiring an experienced and reliable mobile app developer will ensure a feature-rich and secure business app. So, choose wisely. Do your research, make a decision based on their portfolio, track record and reviews, skills and communication, and pricing.
 Develop MVP
To validate your mobile app idea without hefty expenses, consider developing an MVP. Ask your mobile app development company to suggest essential features and key unique selling prepositions (USPs) to ensure the success of your app.
Test the app
Do not ever ignore this important phase if you want to develop a good quality and reliable app. Test your app thoroughly for its performance content and UI. Proper testing ensures bug-free apps with reduced development costs and time. Remember, a well-functioning app will improve your market reputation, bringing you more customers and increased sales.
Submit the app to the store
After completing the testing, you can submit your app to the Apple or Google Play Store, according to its OS. However, when publishing, keep a check on the developer’s guidelines by Apple or Google and adhere to them.
In addition, ensure your app’s monetization model aligns with the specifications outlined by both platforms.
Launch and track performance
After submitting the app to its respective store, launch it carefully. Also, track its performance using in-app analytics tools. Make sure to introduce updates regularly to improve your app and enhance user engagement. Lastly, keep up with users’ concerns and issues and address them.
To get more details about the app development process, check out our blog: https://itechnolabs.ca/comprehensive-step-by-step-guide-to-make-an-app/
So, this is how you can develop your mobile app. But how can you leverage your mobile app to make money?
Let’s find out!
How Do Apps Make Money?
Well, there are numerous ways mobile apps make money. In this section, we have shared some of the most popular app monetizing models that businesses use. These models help businesses generate more revenue and enhance customer value.
Subscription
In this model, users are required to buy a subscription plan in order to access some advanced features of the app. Different subscription plans are usually available for users to choose from, according to their budget. These often include daily subscriptions, monthly subscriptions, or yearly subscriptions.
Advertising
One of the most common ways to monetize an app. Here, you promote products or services for third-party clients on your app. In return, you get paid.
Sponsorship
In this model, you find a sponsor related to your industry and set up a compensation structure. In exchange for monetary compensation, the app could include the sponsor’s brand, and promote its products and services, or direct users to its website.
Now that you are aware of making money through an app, here’s a SECRET! You can actually make the most out of your app monetarily! One way is to use the above models to make money through your app. Another way is to save money on developing your app, which can be easily done by following the tips shared in the next section.
Practical Tips To Reduce Mobile App Development Costs
Follow these simple tricks to reduce your mobile app development costs without compromising the quality:
Choose the best features for your app early on
When developing your app, you must prioritize its features and functionalities. Doing this will help you start driving business value as early as possible. Save the advantageous features for the later stages. Therefore, build an MVP before developing the app.
Plan for the future
The initial version of your app might not remain the same a few years later. You will need to enhance your app according to the evolving market trends, OS upgrades, and user expectations. Hence, it’s wise to consider short-term and long-term goals when developing your app. Planning well in advance will save you considerably in the long run.
Bring in quality assurance beforehand
Your mobile app is prone to errors and bugs, Hence, you must fix them immediately. This can be achieved by including quality assistants right from the beginning. These professionals will identify and address potential issues with the app even before the development phase begins.
This way, you can save a lot of investment in building a bug-ridden mobile app. Fixing such an app at later development stages can become demanding and expensive.
Consider cross-platform development
Developing native or hybrid apps can be expensive compared to cross-platform development. In the case of cross-platform app development, developers can design mobile apps for several platforms using a single codebase. This saves the money and time needed to produce numerous versions of the same program. Popular technologies for developing cross-platform apps include Flutter and React Native, amongst others.
Trending: How Much Does it Cost to Develop a Flutter App?
Understanding the Cost of Hiring an App DeveloperÂ
Hiring an app developer involves a significant investment, with costs varying based on expertise, experience, and location. Hourly rates typically range from $25 to $60 or more, depending on the developer’s skill level and geographical region.Â
For fixed-price projects, simpler apps can cost a few thousand dollars, while more complex, feature-rich applications require a significantly higher budget. To gauge accurate costs for your app development project, it’s crucial to research thoroughly and gather quotes from various developers.Â
According to a report by Clutch, app developers charge between $25 and $49 per hour on average. Additionally, the report revealed that mobile app development projects generally cost between $10,000 and $49,000 to complete and launch successfully.Â
The App Development Team and Their ContributionsÂ
App development is far from a solo endeavor. It involves an entire team of professionals, each specializing in key areas to bring your app idea to life. Below is a breakdown of the primary roles within a development team and their responsibilities.Â
1. Business AnalystÂ
Business analysts play a pivotal role in the early stages of app development. They focus on understanding your project’s requirements, analyzing the business environment, assessing budgets, and documenting processes. This ensures the creation of an efficient and viable software business model.Â
2. Project ManagerÂ
Once the software model is defined, the project manager steps in to lead the team. They assign tasks, manage timelines, provide necessary resources, and ensure deadlines are met efficiently. Their goal is to keep the project on track while maintaining high-quality deliverables.Â
3. ArchitectÂ
The architect is responsible for designing the application framework and creating prototypes. They oversee the development lifecycle, actively incorporating user feedback and ensuring the app is tested and refined at every stage for top-tier quality.Â
4. DeveloperÂ
Developers are tasked with the coding responsibilities that bring the app’s functionality to life. Developers are typically divided into front-end and back-end specialists, each mastering specific technologies and programming languages. Common front-end languages include JavaScript, Swift (for iOS), and Kotlin (for Android), while back-end languages often include Python, Java, and others. Developers ensure the app operates seamlessly and meets feature requirements.Â
5. UI/UX DesignerÂ
A visually appealing and user-friendly interface is integral to app success. UI/UX designers focus on crafting unique designs that captivate users and enhance their overall experience with the application.Â
6. Quality Assurance (QA)Â
Before an app is launched, it undergoes rigorous testing by the QA team. They are responsible for ensuring that the application functions flawlessly by identifying, reporting, and resolving bugs in collaboration with the developers.Â
Hourly Rates of App Development ProfessionalsÂ
To help you grasp the financial commitment involved, here’s a general breakdown of hourly rates for different professionals in an app development team:
- Business Analyst: $30–$50 per hourÂ
- Project Manager: $35–$60 per hourÂ
- Architect: $40–$70 per hourÂ
- Front-end Developer: $25–$50 per hourÂ
- Back-end Developer: $30–$60 per hourÂ
- UI/UX Designer: $25–$45 per hourÂ
- QA Specialist: $20–$40 per hourÂ
Role | Hourly Rate |
Business Analyst | $30–$50 per hour |
Project Manager | $35–$60 per hour |
Architect | $40–$70 per hour |
Front-end Developer | $25–$50 per hour |
Back-end Developer | $30–$60 per hour |
UI/UX Designer | $25–$45 per hour |
QA Specialist | $20–$40 per hour |
Save On Your Next Mobile App Development Cost With iTechnolabs!
Hiring a reputed and experienced mobile app development company, like iTechnolabs can significantly contribute to cost savings. All thanks to our experience and various strategic approaches.
Our seasoned tech experts specialize in building scalable apps equipped with next-generation functionalities. Our expertise ensures efficient development, reducing the likelihood of errors and rework that could incur additional costs.
We have a vast team of developers, QA, testers, and project managers who can ensure quality, bug-free app development.
Further, we streamline the development process using Agile practices that help us optimize resource utilization and reduce unnecessary expenses. By keeping up with the latest industry trends, we ensure the use of scalable and cost-effective technologies.
Moreover, our proficient developers ensure faster development cycles, enabling quicker time to market, and potentially reducing overall project costs.
So, if you’ve got an app idea and want a cost estimation for its development, contact our experts! Request a free quote today!
FAQ’s About Mobile App Development Cost
How much does it cost to make an app?Â
While it’s not possible to predict an exact mobile app development cost, here’s an estimation, based on the level of complexity:
- Simple apps: $5,000- $50,000
- Medium complex app development: $50,000-$100,000
- Complex app development: $100,000- $300,000 and above.
To get more insights on this, check out: How much does it cost to create an app in 2025? And, if you want an exact quote for your next app development project, get in touch with us.
How much does the app maintenance cost?
In the first year of launch, the maintenance costs of your app can be half (50%) the initial cost of development. From the second year, the annual app maintenance budget can range from 15% to 20% of the initial cost.
How long does it take to build an app?
Typically, the average time it takes to build an app can be around three to nine months or more. The interval of app development depends on the app complexity and structure of the project.
What factors affect the overall app development cost?
The most common factors that can affect your mobile app development costs include the complexity of the app, features and functionalities, app design and animation, size and location of your development team etc. There are some other hidden app development factors you should consider as well.
What services are covered by iTechnolabs under mobile app development?
At iTechnolabs, we offer end-to-end mobile app development services. We follow a comprehensive process that includes business analysis, designing an integrated UI/UX style, and building your mobile app from conception to launch through the Google Play, or App Store. We also provide additional maintenance and scaling up according to the needs of your business.