It is a good strategic move for businesses to migrate their operations to a mobile app, as they are a good source of revenue.
According to Statista, in 2017, 81% of the Australian population used smartphones. By 2026, it is projected to increase to 87%. The Australian app market also proved its value by reaching around $7 million in 2022.
However, companies and software developers are fully aware that there are a lot of costs attached to developing a mobile app.
This article delves deeper into the different costs and factors that go into app development.
What is app development?
App development is the process of creating and designing software that is accessible on mobile devices. It involves a lot of coding, testing, and launching on various platforms.
All these stages of app development require a lot of budget, resources, and highly skilled designers, developers, and testers to get perfect.
How much does it cost to develop an app?
In Australia, the average cost to develop an app can range from around $50,000-$100,000, depending on the app’s size.
However, these numbers can vary as there may be unexpected additional costs that go into making an app apart from design and development. These added expenses may include:
- Data storage
- Update costs
- Maintenance costs
- Server fees
Factors that affect the cost of app development
There is no one right answer to determine the cost of creating an app, as several factors come into play.
Here are a few things to remember:
Type of app
There are many different types of apps you can create, such as native apps, hybrid apps, or web apps, each one with different costs to develop.
Apart from the type, you must consider the number of screens, server architecture, and which platform to release it on.
Function of the app
Apps have different purposes, such as productivity, entertainment, or social media. Your app’s main function plays a huge factor in determining the overall costs.
Simpler, smaller-scale apps like a QR scanner or notepad will cost much less than feature-heavy, larger-scale ones like mobile games or banking apps.
If your app has more features and functions, it will require more time to develop and expect to shell out more money than intended. Some of the best and most popular apps people use daily have taken years and more investment to perfect.
You can create a timetable to help you map out how long each stage of the app-making process will take.
Complexity of the app
It is important to consider how complex your app is. Does it have many features and functionalities? Does it have limited functions? Should you opt for a basic design?
Naturally, the more complicated you envision your app to be, the longer it will take to create and the more money you will need to develop.
Quality assurance and testing
For an app to run successfully, it must go through various stages of testing on the desired platforms. If the app does not run smoothly, it will require a lot of redevelopment, which ultimately adds to the cost.
The process also includes working around bugs or refining certain aspects to make it better and more efficient.
Offshore app development
When it comes to app development, having the right software developers on your team is instrumental in creating the perfect app.
Fortunately, you can rely on reputable offshoring companies. Outsource Accelerator has carefully created a list of top app development companies that you can work with on your next project.
Good luck on your outsourcing journey!