Average mobile application development cost

Mobile application evaluation is the very first question, which arises when you want to create an app. And it’s a very difficult question, because average mobile application development cost depends on variety of factors, such as functionality, platform etc. If you want to figure the average mobile application development cost keep reading the article and discover how to save money on app development.

Average mobile application development cost worldwide

Let’s consider average mobile application development cost worldwide.

If you want to create an app and choose development on budget, you should consider average mobile application development cost by country and company size.

Classification by company size:

Typically, big companies estimate app development cost from $500.000 to $1.000.000.

  • While for mid-size companies average mobile application development cost ranges from $200.000 - $500.000.

  • Smaller companies like WONDERSLAB estimate app development cost between $20.000 and $100.000

  • App development in micro agencies and freelancers will cost you from $10.000 to $30.000.

Classification by country:

Considering small companies where app development will cost you from $20.000 to $100.000, we can split average mobile application development cost into the following groups by the country:

  • Companies in United States estimate app development cost 4 times higher than companies in Ukraine.

  • Australian companies estimate app development cost 3 times higher than Ucrainian.

  • European companies, e.g Ukrainian have rate 1,5 higher than Indian.

  • While the cheapest are Indian companies when they estimate app development cost.

How to save when you want to create an app?

Nobody wants to pay too much for mobile app. Here are few advices how to save your mobile app development budget and pay for app partially.

Typically any app can be developed in 3 stages: MVP, Beta, Release. These are the separate products, which help to build successful application and not to spend all the mobile app development budget at once.

MVP

A minimum viable product (MVP) is a development technique in which a new product or website is developed with sufficient features to satisfy early adopters. Just imagine the situation, when you want to create an app and test before bringing app to the market, it’s obvious, that you don’t want to spend all the mobile app development budget to test it.

Application development costs and time frames in WONDERSLAB for MVP(iOS +Android):$25.000 - $35.000, 2-3 months.

Beta

An early version of a program or application that contains most of the major features, but is not yet complete.

Application development costs and time frames in WONDERSLAB for beta(iOS +Android) $20.000-25.000 (assuming you already have an MVP) and another 2 months and roughly.

Launch

Copmleted version of app, that contains all features and ready for launch.

Application development costs and time frames in WONDERSLAB for release(iOS +Android) $80.000 - 130.000 and from 6 months to a year.

When you want to create an app the best way to meet the expectations of our users and save mobile app development budget is to build your product step by step and test versions before bringing your app to the market.

Factors that impact application development costs and time frames

All the projects are different, but they have some common variables, which help us to figure average application development costs and time frames.

Platform

First of all platform influence average mobile application development cost. Android apps basically cost 10% more than iOS apps. But as a rule customers build products on both platforms, because they are the most widely used, so this difference double the mobile app development budget. The more platforms you want, the higher is average mobile application development cost.

Technical complexity

Technical complexity impact mobile app development budget too.

Simple

Average mobile application development cost of simple app with one basic function and that store some data is nearly $15.000.

E.g. Text chat app

Medium

When you want to create an app which has several key features and have access to a phone’s features, this is medium app. Average mobile application development cost of medium app is $20.000-$25.000.

E.g Video chat

Complex

When you want to create an app which has several complex features, such as live video streaming, file transfering during chat, this is complex app. For complex app expect to pay up to $30.000

E.g. Live video streaming app.

Typically, if you want to create an app with complex features, it’ll increase mobile app development budget by 10-15%.

Suming up

The thing is that mobile app development budget doesn’t depend on technical complexity or platform a lot. Your mobile app development budget straightforwardly depends on the type of app, that you choose: MVP, Beta or Release.

Bonus

How we estimate the projects in WONDERSLAB,LTD

In WONDERSLAB,LTD we account the time that we need to build an app and type of the app to estimate app development cost. Of course the more complex features you want, the higher average mobile application development cost will be, because complex features take more time.

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