What are the Vital Factors that Influence the Cost of App Development

App development companies are adopting every possible new technology and tool to develop unique as well as creative apps. The app development process involves a lot of research and market study.

Before developing any mobile or web application, an app development company considers the buyer’s persona. It involves:

  • What market are you targeting?
  • What are the services you are offering?
  • What are the desires of your prospects?
  • What is the exact demand for that product or service?
  • What is the age group of prospects?
  • What is the economic range of the prospect?
  • How much amount is the prospect willing to invest in the product or service?

All such questions emerge in the mind of developers.

It is not at all necessary to have a motto of revenue from the app. Many times, apps are just a source of marketing. Many times apps are developed and launched to create brand awareness and the company does not expect any kind of profit from the app. Many times it is developed to retain the existing consumers.

In this blog, we have explained a few factors that actually influence the cost of mobile app development.

Before heading towards this topic, let us understand what are the different types of apps available in the market?

Games-

This type of application is the most downloaded type for iOS users. According to Statista, games captured the largest share of iOS apps in the year 2017. Games are developed to target young millennials and game lovers. Super Mario Run and Bubble witch saga are the top downloaded games on Google Play for the year 2017 (Source)

Translators

These apps help people translate information from foreign languages. There are many apps on the market for ios and android, but only a few of them are great.

Service Apps-

These are the apps that support a product or service. These apps offer complete information about what you are selling and this information is accessible for 24x7.

Message Apps-

Some apps like WhatsApp, Messenger, Hike, are not just apps. These are emotions. These apps have become a part of our lives that cannot be separated now.

On Demand Apps-

Zomato, FoodPanda, Swiggy are some famous apps related to food industry. These apps have made it extremely convenient and easier to order food. These apps have online payment feature which is simplified to facilitate users. The popularity of such apps is increasing every day.

According to a report, “62% of smartphone users have made a purchase online using their mobile device in the last 6 months”. This indicates the boost in m-commerce users. Because of lack of time, users find it very convenient to order products like grocery, clothes, accessories online.

M-Commerce-

These are few of the types of mobile/web apps. Have you ever wondered what amount of money is required to develop an app? Are you planning to develop an app and are confused about the budget? We are here to help!

 

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