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Mobile App
development cost in 2020

The mobile application market is growing rapidly, and to make the product popular and justify the investment, the customers need to make all possible calculations. What is the price of high-quality project development for mobile devices?
 

What is mobile app
development?

Mobile application development is the set of techniques and actions needed for creating software for wireless computing devices. Its critical difference from web development is that mobile apps are often created specifically for the unique features of a particular mobile device.

Modern mobile devices provide users with the same possibilities as a desktop computer. In addition, mobile applications are ideal for fast startups as they bring excellent functionality.

When developing a mobile application you should be aware of many options you don’t need to count on for web development. We’re talking about gestures, touch screens, responsive design, etc. Those nuances demand mobile development be provided by professionals with huge expertise in the field.

How much do leading companies spend on developing mobile apps?

Mobile cost varies in different particular cases, depending on many factors, like key features, design, software development framework chosen, timeframes, etc. Before revealing all the calculation details, let’s look at the famous companies and how much they are spending on developing mobile apps.

Instagram.

In 2010, the platform received the venture funding of $500,000 and got 1,75 million users in the first year. After such popularity, the company raised other investments of $7 million in 2011 and $50 million in 2012. Overall, the company spent $57,5 million of funding and is worth a lot more now.

Snap.Inc.

The creators of the platform got $485,000 in the first seed round and another $2,6 billion for the next stages of development in the next rounds that they used of the backend, infrastructure, design and all necessary features.

Uber.

The company gathered $200,000 of investments and $1,25 million during Angel round of funding. Then, they received $8,71 billion in the next rounds and set the record by raising $3,5 billion in one round in 2016 for further development.

The most popular types of
mobile Apps:

hand icon

Basic Apps

Clear Todos
Calculator
Feedly
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Data-driven Apps

Excel
Salesforce
Google Analytics
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Authentication
Apps

1Password
Dashlane
LastPass
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Social
Networking Apps

Facebook
Instagram
Twitter
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On-demand Apps

Uber
Postmates
Drizly
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E-commerce Apps

Amazon
eBay
Groupon
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IoT & Hardware Apps

Amazon Alexa
Google Home
Apple Watch
 

Mobile App Development
Cost in the US

The mobile app industry studies give the following statistics on the average app development cost and timeline in the US:

  1. The average mobile app development cost varies from $171,450 (at a rate of $150/hour in the US), which will be 1,143 development hours.
  2. The average minimum app development project’s cost varies from $5,000 to $10,000. The average enterprise mobile app development cost is $140,000.
  3. The average app cost calculators for complex mobile apps vary from $267,000 to $360,000.

The average app development timeline usually varies from 3 to 6 months.

But those prices can be significantly lowered if you work with software development providers from Eastern Europe. The average hourly rate for mobile app development there is rarely higher than $50/hour.

The factors that usually influence the final cost while developing an app are:

Business type and location
The complexity of the app and its multi-functionality
The backend infrastructure and APIs connections
The multiplicity of UX/UI design
Incorporation of supplementary visual elements
Development mode (mobile web, native, hybrid, etc.)
Number of platforms involved (iOS, Android, web, etc.)
 

CALCULATING

The formula that can be applied while calculating the app development cost can look like:

Total Development Time x Hourly Rate = Cost

What does development time depend on?

The process of creating a mobile application for Android and iOS on average takes from 1.5 to 6 months and depends on the following stages:

  • Initial cost estimate takes 2-3 days;
  • Market research, competitors requires 2-5 days;
  • The process of creating a technical task takes from 5 to 30 days, depending on the complexity of the task. This stage also includes the prototyping and elaboration of the application architecture;
  • Creation of UX/UI design requires at least 7 days;
  • Programming stage: the most time-consuming stage, the implementation of which takes most of the time allocated to the development of the project;
  • Testing and monitoring take over 5-10 days.

estimate software
development cost

Why ask somebody or search for a current price, if you can estimate your application development cost online?

This free MyAppCost application includes different options, key features, and integrations your application could have. Choosing different types of applications, platforms, and even additional parameters, you will be able to see the approximate price and timeline for your app development, and what is included in it.

Download MyAppCost on Google Play or App Store:

 
Basic and extended development team cost

At first glance, the final price of developing a mobile application may seem high, but you should keep in mind that there will be a team of specialists that work on the project:

A basic development team usually includes:
  • Project manager
    (with the hourly rate $20+ in Eastern Europe and of $100+ in the US)
  • Programmer
    (with the hourly rate $30+ in Eastern Europe and of $100+ in the US)
  • UI/UX designer
    (with the hourly rate $15+ in Eastern Europe and about $100 in the US)
  • QA engineer
    (with the hourly rate $20+ in Eastern Europe and of $100+ in the US)
The extended development team may include:
  • Project manager
    (with the hourly rate $20+ (Eastern Europe) vs $100+ (USA))
  • 2-4 App developers
    (with the hourly rate $30+ (Eastern Europe) vs $120+ (USA))
  • Backend developer
    (with the hourly rate $25+ (Eastern Europe) vs $120+ (USA))
  • 1-2 UI/UX designers
    (with the hourly rate $15+ (Eastern Europe) vs $100+ (USA))
  • QA engineer
    (with the hourly rate $20+ (Eastern Europe) vs $120+ (USA))
  • System administrator
    (with the hourly rate $15+ (Eastern Europe) vs $100+ (USA))
 

MOBILE APP DEVELOPMENT
COST IN 2020

To show the approximate cost of application, UppLabs prepared a document with our exact offers on cost regarding separate types of applications.

App maintenance cost

For many projects the app maintenance cost may take from 15% to 20% of the original price of development. App maintenance is a necessary service and includes the following features:

  • Constant bug fixing
  • Control on app stability and performance
  • Support for latest versions
  • Designing new features
  • Code optimization
  • Supporting the latest versions of third-party services

Hourly rates worldwide

  • Ukraine - $25-$50
  • North America (US and Canada) - $50- $250
  • Eastern Europe - $20 - $150
  • Western Europe/UK - $30-$175
  • India - $10-$80
  • Indonesia - $25-$100
  • Australia - $50-$150

If you have any questions on mobile development -
UppLabs is always here for you!

Let us help you to build an outstanding mobile app for your business!

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DEVELOPMENT COST