Cost Breakdown by In-depth Research of IT Firms Wed, 14 Feb 2024 12:20:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.2 Website Development Cost 2024 – How Much Does it Cost to Build Websites? https://www.itfirms.co/website-development-cost/ Wed, 14 Feb 2024 12:20:16 +0000 https://www.itfirms.co/?p=25260 Every dollar spent on building a good website for your business statistically provides $10 in return in the long term! Thus it is considered wise to spend some money on building an online platform for your business or yourself keeping the one time website development cost aside. Further, it is also tricky to understand the […]

The post Website Development Cost 2024 – How Much Does it Cost to Build Websites? appeared first on Top ITFirms - Result of In-depth Research & Analysis.

]]>

Every dollar spent on building a good website for your business statistically provides $10 in return in the long term! Thus it is considered wise to spend some money on building an online platform for your business or yourself keeping the one time website development cost aside.

Further, it is also tricky to understand the cost of website development as there are multiple factors that decide the final estimation. Some of the most common factors include features, design, tech stack, number of pages, developer’s location, etc.
To help you out, we will be presenting a detailed guide on web development costs based on different criteria. This will help you get an idea about your requirement and how much it will cost roughly. Let us start with some basics first, i.e. understanding what is website development.

What is Website Development?

Website development is the method of developing, building, and maintaining websites and applications that run on browsers. It includes UI/UX design, backend development, front-end development, database management, content management, and other miscellaneous tasks. Some of the most common programming languages used in website development are JavaScript, CSS, and HTML. Further, some of the most common web development frameworks in the market are Django, Ruby on Rails, Express.js, and Laravel.

Fact – The first ever website was created by Tim Berners Lee in 1991

Types of Working Model for Website Development – and the Cost Associated

Team Type Web Development Cost
In-house $50,000 – $90,000
Local agency $100,000 – $120,000
Outsource agency $10,000 – $40,000
Freelancers $15,000 – $30,000

In-house Development

It is not always feasible for a business to hire an internal team or department. Also, the experts you employ will be the same as those of the agency you hired plus you will need to guarantee efficient administration and favorable working circumstances. In addition, hiring involves a time-consuming search process, interviews, and other procedures. There are instances when no qualified applicants meet your requirements.
If your website is the cornerstone of your business and you do not want to depend on outside parties to maintain its functionality, then hiring an in-house team makes sense. For instance, it makes sense for a corporate website or an online store, but it might be over the top for a landing page or portfolio.

Outsourcing Development

This is the priciest but most secure way to develop a personalized website for your business. Web development companies are aware of the latest web development trends and have all the personnel and expertise needed to complete projects of varying degrees of complexity. They are the perfect answer for a busy business owner who has a deadline for finishing the task.
However the majority of web development companies in India don’t make their rates public. Rather, they make separate web development cost estimates for each job. In this industry, it is customary to contact multiple providers, explain your needs for a website, and request an estimate. The cost of website development companies is also influenced by their location. Companies engaged in nearshore development typically demand more fees, whereas offshore companies provide lower costs but with greater disadvantages.
The cost of web development with outsourcing model can range anywhere from $5,000 to $50,000 or more overall.

Note – The average cost to hire website developers in North America is $100 – $150/hour while the same developer in Asia is hired at $20 – $50/hour.

Freelancers

A web developer, a UI/UX designer, and a copywriter/content manager are typically required when creating a website and adding content. This option typically indicates that you’ve chosen to use a well-known site builder with customizable content management system. Squarespace, Wix, Shopify, WordPress.org, and GoDaddy are among the most popular examples.
Based on data from Upwork, web designers and developers often charge $15–30 per hour, while copywriters charge $20–45. This implies that you will pay between $1,500 and $5,000 for a modest business website created by freelancers, while you will pay between $20,000 and $30,000 for a complicated website requiring 1000 hours of effort.

DIY (Do-It-Yourself)

If you have some spare time, you may attempt applying your abilities and perseverance to develop your idea into a functional website. Given the magnitude of this task, you must carefully assess your abilities and resources. You may have to study all the web development frameworks and analyze all the web development trends. However, you will only be able to manage a modest, straightforward project, and you will encounter numerous difficulties along the way. You should consider your options thoroughly and determine if you are capable of doing this assignment. Even with some skill, this is usually the slowest method of creating a website.

Types of Websites Based on Complexity – and the Cost Associated

Website Development Web Development Cost Website Development Time (Weeks)
Basic Functionality $5,000 to $30,000 4 – 9
Standard Complexity $30,000 to $50,000 15 – 26
Advanced Complexity $50,000 to $80,000 26 – 74

Basic Functionality Website

A basic site, which typically ranges from $5,000 to $30,000, is suitable for corporate websites with basic functionality. With CMS integration, custom UX/UI design, custom animations on the front end, and a basic database on the backend, this website has up to fifteen pages.
The following professionals are typically needed to build a basic site: A backend developer(s), a frontend developers, project manager, UX/UI designer, and QA engineer.
Websites with basic complexity include portfolios, blogs, and landing pages. Development takes roughly two months. This category includes blogs, portfolio websites, and landing pages. Websites like Wayfair are such examples and the best option is to consider some WordPress web development companies in India.

Standard Complexity Website

These websites typically have 500k to 1.5 million monthly visitors, are somewhat complicated, and update their material frequently. The web development cost between $30,000 and $50,000. Up to 50 pages of unique UX/UI design, a sophisticated database, third-party integrations, a custom frontend with sophisticated animations, and search engine optimization are all typical examples of the website’s complexity.
Project managers, business analysts, UX/UI designers, senior backend and frontend developers, two QA testers, DevOps, support specialists, and an SEO manager, copywriter, and link builder are typically needed for this kind of complexity.
Cloud software solutions and major business websites are examples of websites with an average level of complexity. A project takes four to six months to develop and websites like Pinterest are good examples of such site.

Advanced Functionality Site

Complex sites generally require high functionality integrations, robust UI/UX design, complex frontend interactions, cloud systems, and a high maintenance team. The cost for website development for such projects can range anywhere between $50,000 and $80,000.
Further, these website require complex functionalities and thus require best professionals to work in the team. It includes project managers, designers, developers, QAs, writers, marketers, and SEO managers. The time required to build such sites is between six to eighteen months and websites like eBay or LinkedIn are some primary examples of advanced functionality sites.

Fact The latest web development trends in the market are artificial intelligence and augmented reality

Process of Website Development – and the Cost Associated

Web Development Phase Average Cost of Web Development ($) Average Web Development Time (weeks)
UI/UX 750 – 4,000 1 – 4
Front-End development 1,000 – 15000 2 – 12
Back-End development 4,000 – 12,000 2 – 12
CMS development 3,000 – 9,000 3 – 8
Total $8750 – $40,000 8 – 36

UI/UX Designing

A beautiful website design is a surefire sign that the good or service will succeed. In summary, the success of your website greatly depends on the UI/UX design.
What does it take to create a visually appealing website that will captivate potential clients? This method consists of the following stages:

  • Researching
  • Wireframing
  • UI/UX design

In summary, the UI/UX stage may need one to three weeks on average and cost $750–$4,000 or more. The length of time would vary based on the complexity and requirements of the project.

Fact – More than 38% users stopped using a site after a poor layout

Frontend Development

Once the designer builds the prototype and gets it approved by the client, frontend development work starts. Frontend Developers bring the prototype to life that users see on a website. It includes buttons, forms, animations, and other elements.
On the other hand, testers and QA also start working on the site and continue till the delivery. A good frontend built site is responsive, interactive, and attractive that converts clients.
The cost of frontend website development ranges starts as low as $1000 and can go as high as $15,000.
Popular Frontend Technologies – HTML, CSS, Angular, React, JavaScript, TypeScript

Backend Development

Backend development is building the server side of a website and making the frontend functionalities work. In other words, it is the heart of a site that bridges database response and user controls.
Some of the most influential factors for backend development are complex queries, third party service, and data processing tasks. The average cost of backend website development ranges between $4,000 and $12,000, depending upon the project complexity and the functionalities. Further, it takes between 2 to 12 weeks on average to get the backend done for a site.

Popular Frontend Technologies – .Net, Node.js, Express.js, Python, PHP, Java, Golang

CMS System Development

Every now and then, you might want to build, modify, and oversee the content of your website. Furthermore, you shouldn’t contact engineers each time you wish to make a small adjustment. For all of the aforementioned duties to be completed efficiently, CMS software is required.
Some CMS engines, such as WordPress, Drupal, and Shopify, may be encountered. Though they are meant to save development time and money when building a website, you will find that their usefulness is limited.
What is the price of developing a CMS? It could cost anything from $3,000 to $9,000 or more, and take an average of three to eight weeks.

Fact – Text is the most popular type of content for websites followed by images and videos, respectively.

Real-World Website Cost Examples

Cost to Build Websites like Shein

Shein is an ecommerce lifestyle and fast fashion retailer that makes thousands of fashion accessories and clothes. The company was founded by the Chris Xu in 2008 and in less than a decade, Shein became a dominant player of the industry.
The company made a record breaking $22.7 billion in revenue in 2022. The company’s app was downloaded more than 200 million times in 2022 with an active user base of 65 million, making it the most downloaded shopping app of the year 2022.
Here are some of the basic features built in websites like Shein – multiple shipping options, in-app payment, robust UI/UX, and interactive product details for users.
Now, to build sites like Shein the ecommerce web development cost ranges between $15,000 and $30,000. However, the exact price can vary and can be lower or higher, depending upon the requirements. You can consider some PHP web development companies in India to build a similar platform for you.

Cost to Build Websites like Etsy

Etsy is a US based global marketplace for buying and selling of unique, one of a kind goods & services, connecting individual sellers and buyers worldwide.
Currently, Etsy website has over 95 million buyers and more than 7.5 million sellers on the platform. The company made record breaking $2.5 billion revenue in 2022 and is expecting to make more than $3 billion in 2023.
The platform has huge potential and carries the following functionalities – personalized recommendations, safe & secure transactions, seller rating system, easy payment integration, and internal analytics data for sellers.
Furthermore, the average ecommerce website development cost for sites like Etsy ranges between $10,000 and $25,000, depending upon the website design and complexity.

Cost to Build Websites like Airbnb

Airbnb is another US based online marketplace for booking long term and short term accommodations. The platform connects property owners with guests and acts as a broker between both the parties, in exchange for commission or some charge.
The company made staggering $8.3 billion revenue in 2022 with overall gross booking value of $63.2 billion. The platform was built by three friends in 2008, namely Joe Gebbia, Brian Chesky, and Nathan Blecharczyk.
It includes the following features – Instant rebooking credit, pricing visibility, guest navigation, smart in-app messaging, and verified profile listing.
In addition, the average cost to build websites like Airbnb ranges between $15,000 and $40,000.

Cost to Build Websites like Cargurus

Cargurus is a website that allows dealers and people to sell & buy used and new cars. The online marketplace connects car owners and buyers on a single platform.
The US based automobile marketplace currently employs more 1400 employees and recorded more than 1.65 billion US dollars in 2022.
Building websites like Cargurus is a complex and time taking task. It uses a lot of data and uses machine learning technology to build its algorithm. The platform includes the following features – IMV (instant market value), 360° interactive view, powerful data analytics, each deal rating, and seller protection.
At last, the cost to build websites like Cargurus ranges between $5,000 and $20,000.

Cost to Build Websites like Fiverr

Websites like Fiverr act as a marketplace for people looking to hire freelancers for their project. The Israel based online marketplace was started by Tel Aviv in 2010 and currently employs over 750 employees.
Fiver recorded over $300 million revenue in 2022 and is a listed business on NYSE. Some of the top features that make Fiverr one of the top freelancing marketplaces are – activity tracking, billing based upon hours, ACH payment processing, and easy to interact UI/UX.
Seeing the trend, building websites like Fiverr & Upwork looks promising and the average cost to build websites like Fiverr lies between $10,000 and $30,000

Cost to Build Different Types of Websites

Type of Websites Average Development Time Average Cost
Business Website 6 to 30 weeks $15,000-$160,000
Personal Website 4+ weeks $5000+
MVP Business Website 12 to 20 weeks $35,000+
E-Commerce Website 16 to 26 weeks $50,000+
Custom Web Application 52+ weeks $50,000-$100,000
Web Portal 52+ weeks $60,000-$100,000
SaaS Website 72+ weeks $120,000+

How to Reduce the Website Development Cost? – Cost Optimization Strategy

You will need to identify ways to cut costs with the least amount of sacrifice to functionality and quality if your budget is tight. Here are some of the ways to optimize your website development cost –

Jot Down Your Requirement

List the features and functionalities in order of importance. For the development process to be successful in terms of both budget efficiency and product quality, goals and priorities must be established.

Take Advantage of Open Source Resources

Make use of open-source web development frameworks and solutions. For a tight budget, there are several website builders available. Small businesses typically use web builders, theme templates, and CMS plugins to design their websites.

Follow Agile Website Development Methodology

Make use of agile project management. Agile methodology prioritizes quality and customer interaction while allowing for a high degree of flexibility and predictability.

Outsource Your Work

Think about outsourcing as an alternative to internal development. In many cases, hiring a committed workforce is less expensive than maintaining an internal department.

Plan Your Expenses

Make advance plans for long-term expenses. Remember that your website will require upkeep, fresh material, and other modifications and enhancements. Long-term plans for web hosting and other subscription-based services are less expensive.

Final Words – Website Development Cost

So, this was the detailed guide about website development costs. The article has presented the cost for web development based on different factors, including types of websites, working models, and processes. Additionally, we have given you the top 5 strategies to reduce the overall cost.
No doubt cost plays a major role when selecting a web development company for your project. However, know that choosing the cheapest option is not a rational choice. Instead, go for an affordable service provider that has the relevant experience and expertise to build similar projects.

Website Development Cost – Top FAQs

1. What’s the difference between web design and development?

Website design is associated with how the website will look and feel to the final users. An ideal website design is easy to navigate, understandable, interactive, and eye catching. On the other hand, website development is executing the website design and maintaining the site infrastructure on the backend.

2. What is the Cost for Web Development in 2024?

The cost for website development in 2024 ranges between $5000 and $80,000 depending upon the functionality features, and design required. A basic website costs between $5000 and $30,000; a medium functionality site costs between $30,000 & $50,000, and an advanced functionality site costs between $50,000 and $80,000.

3. How long does it take to develop a website in 2024?

Building a website is a time taking task and requires significant efforts by several developers. Thus, the time required to build a website in 2024 ranges anywhere between 1 to 12 months, depending upon the complexity and design of the site.

4. What is the cost for website development for small businesses?

Usually, the web development cost for small businesses ranges between $5000 and $15000. However, the price can be less or more depending upon the complexity and the project requirement.

5. What is the cost of website maintenance per month?

The cost of website maintenance usually ranges between $500 and $2000 per month. However, the exact price can be determined after understanding and analyzing the exact project.

6. How much does it cost to hire someone to build a website?

The price of hiring a website developer depends upon the roles, responsibilities, location, hiring model, time required, and the technical expertise. Usually, developers charge between $20 and $50 per hour but the exact price can differ by individuals.

7. What are the factors that influence the cost of website development?

Some of the most common factors that influence the cost for website development are –

  • UI/UX Design
  • Developer Skills
  • Developer’s Location
  • Support & Maintenance
  • Functionality
  • Delivery Timeline

The post Website Development Cost 2024 – How Much Does it Cost to Build Websites? appeared first on Top ITFirms - Result of In-depth Research & Analysis.

]]>
An Ultimate Guide on E-Scooter App Development like Lime and Cost Breakdown https://www.itfirms.co/guide-on-e-scooter-app-development-like-lime-and-cost-breakdown/ Thu, 07 Jul 2022 08:07:58 +0000 https://www.itfirms.co/?p=11870 The success of e scooter apps like Lime is an inspiration to you and I want to copy the success of it by developing a similar app. If so, then this blog will provide you with all the information you need about developing e scooter apps like Lime Founded in San Mateo in 2017, Lime […]

The post An Ultimate Guide on E-Scooter App Development like Lime and Cost Breakdown appeared first on Top ITFirms - Result of In-depth Research & Analysis.

]]>
.post-app-icon {border: 0px !important; width: 100px;}

The success of e scooter apps like Lime is an inspiration to you and I want to copy the success of it by developing a similar app. If so, then this blog will provide you with all the information you need about developing e scooter apps like Lime

Founded in San Mateo in 2017, Lime expanded its bicycle and e-scooter sharing network to over 200 locations across 30 countries on 5 continents.

Lime, an e-scooter startup, raised $523 million from investors in 2022 in order to scale up the production of the latest e-scooters and bicycles.

The growth of the e scooter app Lime is loud and clear. This growth became the reason for the e scooter app development like Bird, Spin, Skip, Goat, Wind Mobility, Scoot, Ofo and so many others.

Although the online e scooter and bicycle sharing market is filled with fierce competition, there are still plenty of opportunities for newcomers to succeed.

If you are also considering e scooter sharing app development like Lime, this blog is meant for you. Here in this blog, you will get all the information you need to establish an e-scooter-sharing startup.

What is Lime?

As said beforehand, Lime is the largest electric vehicle company that offers convenient, reliable, and affordable electric scooter and bike rentals.

Lime app is available on both Google Play Store and App Store.

The concept of the app is very simple. Users need to install the app on their smartphone and find the nearby available Lime vehicle, scan the QR code of the vehicle on their smartphone and enjoy the hassle-free ride of an electric scooter or bicycle.

How the Demand for E Scooter Sharing Apps is Rising?

E-scooter app development requires a hefty budget, thus it is essential to acknowledge the market trends to ensure you have ample opportunities to grow in the future.

Let us have a look at the market statistics of e-scooter sharing apps:

    • According to Statista, revenue from the e-scooter sharing market will accumulate at US$1,752.00m in 2022.
    • There have been around 84 million e-scooter-sharing rides alone in the USA according to a report published in Nacto Study in 2018.
    • Another report proposed by Bird shared that there will have been 136 million scooter rides in the year 2019, nearly double the previous year.
    • With a compound annual growth rate of 13.31%, the scooter market is projected to reach US$2,888.00m by 2026.

Projected Exchange Rate

    • The number of people using the e-scooter to commute is also expected to amount to 125.4m by the year 2026.

E-Scooter Users

    • The United States will lead the global market with a revenue of US$628.40m in 2022.

United States Share in Global Market

In the wake of the above-mentioned factors, one thing is clear: the e-scooter app market is expected to grow and create amazing revenue opportunities.

Must-Have Features of E Scooter App Development like Lime

Electric scooter-sharing apps like lime usually have two versions: user panel and admin panel. Each of these panels comes with a different set of features.

Let’s discuss the must-have features of electric scooter app development like Lime:

User Panel Feature of Electric Scooter App

1. Registration

The app has this feature as one of its most important features. It should be simple and based on a minimalist approach to ensure a smooth onboarding experience for users. Ask users to feed required information only and keep the interface clutter-free to make sure your impression makes the best impression.

2. In-App Payment

Electric scooter-sharing apps like Lime works without human intervention and are completely online. Therefore it is a must for you to integrate the in-app payment system which enables the users to make payments for their use of e-scooter in a secure and hassle-free manner.

3. Navigation

Having the navigation system with your app will make it easy for the users to locate where the e-scooter is parked. This will make it an easy process for them to enjoy the carbon-free rides.

4. Push Notification

All the updates related to the app should be shared with your users promptly. Push notifications allow mobile developers to do so.

5. Barcode Scan

Every e-scooter listed on the Lime app has a barcode that needs to be scanned by the users to unlock the scooter and start riding. You should also include this feature in your electric scooter sharing app similar to Lime to make the process hassle and completely free from human interventions.

6. Feedback

After completing the ride, the user should be redirected to share their feedback about their experience with the e-scooter and app. This feedback will help you improve your user experience.

Admin Panel Features of Electric Scooter App

1. User Management

The admin panel of the application should offer administrative control over the users of the application. With the help of this feature, the admin of the app will be able to track all the details like ride information, how they are using the app, and problems they are facing right now.

2. Management of Rides

The admin will provide a complete overview of all the rides booked using the app. It will also allow the admin to know where the e-scooter is parked.

3. Payment Management

The admin will be able to keep the track of all the payments made on the applications. If there are some cases when payment is not made, then the admin will be notified immediately to initiate suitable action against the rider.

4. Dispute Management

The success of your application greatly depends on the fact how well you communicate with your customers. With this feature, the admin will be able to listen to all the queries of the users and will be able to provide a quick resolution to them.

5. Offer and Promos Management

Offers and promos are the best way to lure riders to your application. The admin panel will have all the information regarding all offers and promos running on the app. They can also remove or add new offers.

How Much Does it Cost to Develop an E Scooter App?

Before having an idea of how much it costs to develop an e-scooter app could lead you to disastrous results. Now as you have all the basic information regarding the e scooter app development, the next thing you think you need to know is cost.

Electric scooter sharing app development cost is determined on the basis of the following factors:

1. Selection of Backend Development

When it comes to the backend development of an online e-scooter sharing app, the mobile app developers have two options. They can either go for Monolithic or Microservices. Which one to choose is subject to your project requirements.
For instance: the Monolithic makes the right choice for small or midsize projects. Since you’re aiming to cover larger audiences using your Lime-like app idea, it is recommended to go for Microservices. However, Microservices will add up your development cost.

2. Choice of the Platforms

In terms of platform, you have two options, either you can go for Android or iOS. With the invention of the cross-platform app development frameworks, you can even develop with a similar codebase for both Android and iOS. If you choose native Android e scooter app development, then you have to pay higher prices than developing native e scooter apps for iOS. If you want to launch your app on both of these platforms then opting for cross-platform app development will be a cost-effective decision.

3. Location of Mobile App Development Company

The location of app development companies will have a significant influence on the cost of development. For instance, if you go for a firm based in the USA, you have to pay higher prices. Hiring mobile app developers from Asian countries like India will be a cost-effective decision and reduce the cost of development to a certain extent.

4. Choice of Features

The selection of the features will add value to the app, but also increase the cost of development. In order to reduce development costs, it is advisable to choose only those features that are essential and avoid adding unnecessary features just for the sake of adding more.

Since all of the above-mentioned factors vary from one project to another project. To get an estimate of development cost, connect with a mobile app development company and share your requirements with them. By analyzing your requirements they will provide you with the estimated cost.

Wrapping Up

The electric scooter market is increasing and creating inspiring revenue opportunities for entrepreneurs. The market is still in the growing stage and there is plenty of room for innovative solutions. All you have to do is partner with the right e scooter app development company and see your vision turning into a million-billion dollar worthy startup. If you are looking to recommend mobile app development companies in India, you can consider checking out ITfirms.

Frequently Asked Questions

1. What are the best e scooter apps in 2022?

  • Lime
  • Bird
  • Spin
  • Goat
  • Wind Mobility

2. Is starting an online e scooter app startup a profitable business venture in 2022?

Online e scooter app market revenue is expected to reach US$2,888.00m by the year 2022. In the wake of the continuous growth of such startups, it is safe to assume that starting an e-scooter-sharing startup is a profitable business venture in 2022.

The post An Ultimate Guide on E-Scooter App Development like Lime and Cost Breakdown appeared first on Top ITFirms - Result of In-depth Research & Analysis.

]]>
Cost Breakdown in Mobile App Development https://www.itfirms.co/cost-breakdown-in-mobile-app-development/ https://www.itfirms.co/cost-breakdown-in-mobile-app-development/?noamp=mobile#comments Mon, 11 Sep 2017 13:27:25 +0000 https://www.itfirms.co/?p=1267 The biggest concern that every startup, enterprise and big brand express when they reach out to us for mobile app development is the cost of development. Sometimes, the project quote leaves the clients wondering as to why there is such a huge cost involved in building the app.  This is precisely where cost breakdown matters […]

The post Cost Breakdown in Mobile App Development appeared first on Top ITFirms - Result of In-depth Research & Analysis.

]]>
The biggest concern that every startup, enterprise and big brand express when they reach out to us for mobile app development is the cost of development. Sometimes, the project quote leaves the clients wondering as to why there is such a huge cost involved in building the app.  This is precisely where cost breakdown matters and allows the clients to know the actual factors that affect the cost of development.

Whether it’s Android or iOS or hybrid, every business owner wants to gain maximum output within a set budget they have in hand. App development cost is indeed unsteady. Often, there are additions and subtractions that keep happening to the cost estimated at the start to build the app. Only a few mobile app development companies, who have relevant and vast experience in developing cutting-edge, modern mobile apps have the acumen to estimate the right cost and deliver the project as promised.

Consulting with our mobile app developers, we’ve here broken down the cost of building a mobile app into various parameters stated below.

Mobile App Development cost breakdown- how is the cost calculated?

The size of the app:

The size of the app directly relates to the features that are included in the app. An extra good design with 3-d animations and API integrations result in feature-rich apps. The more features an app includes, the longer it takes to build. A more complex app is high on budget because it calls for a completely customizable design, style kits, advanced tools, multilingual support, localization and more.

Simple and common shopping apps, ticket booking apps, inquiry apps are low-budget.

The number of hours needed to build the app:

The second most important parameter that defines the cost of the mobile app is the number of hours invested. And this time is calculated right after the project agreement and submission of time estimate going up to the final build performed- everything that comes under project development.

In this case, usually a dedicated project model that requires a flat rate based on the company’s estimate is suitable because the hourly model may result in extra costs if the project timelines go beyond the estimate. However, an extended timeline may also befall in the dedicated project model due to various possible reasons like scope change, new features and functionality added or a complete design change.

Unique topographies and custom features:

That’s obvious- any unique creation needs more time and cost than an ordinary one. For any run-of-the-mill app,the cost may be less, generally as expected or the average range decided by the company for the various types of apps. On the contrary, an exquisitely unique solution tailor-made in each phase will vary the cost. It may also require expensive technology bundle and hardware.

For instance, gaming apps like Pokémon Go, iBeacon apps that require a beacon to be installed, IoT apps and apps like WhatsApp, Uber are costlier because along with including the common elements of any similar app, they require creating proprietary technology.

The effort and time required in testing:

Though each app requires attention-to-detail when it comes to testing but the ones with unique features need extensive testing like open/closed beta testing plus the usual QA testing. No wonder, testing significantly contributes to the time and budget estimate as provided by the developers as it may demand back-to-back operations and real-time bug tracking as per user’s feedback.

Mobile platforms and devices supported:

The choice between native and hybrid app brings a substantial cost difference. A native iOS and native Android app are costlier and take more time to build when compared with the cross-platform app development. Native apps are typically better-performing than cross-platform apps. However, with the introduction of new tools like NativeScript and React Native, you can ensure a native-like experience in your hybrid app.

Additionally, the number of devices is also a major concern when you want your app to run the same across all Android or iOS devices. Each platform is different- you will be surprised to know that there are 18,000 different screen sizes and devices in Android. And to ensure your app works well on all of them, you need to give in extra time, which incurs more cost.

Use of Phone Hardware

A location-based app like Uber requires developers to integrate the app with the smart features of your smartphone. To pull features like phone’s GPS, accelerometer, gyroscope, camera, there may be cost insinuations.

Consequently, all the above factors lead to the type of apps we build. Entertainment apps like YouTube, Instagram, Snapchat and complex apps like Amazon are highly interactive and have tons of various innovative features, API integration, using much of phone’s hardware and thus, they are more expensive.

Over to you

We hope that you, as a business owner, must have gained a better understanding of how the cost of the mobile app is fragmented and on what basis app development companies quote their prices.

One smart move that can help you reduce this cost without compromising the quality is outsourcing the work to Indian app development companies– they are relatively cost-effective than western development companies yet offering the most engaging and profitable app products.

The post Cost Breakdown in Mobile App Development appeared first on Top ITFirms - Result of In-depth Research & Analysis.

]]>
https://www.itfirms.co/cost-breakdown-in-mobile-app-development/feed/ 4