How Much Does It Cost to Build an App? (2020 Cost Calculation)

YEREVAN, Armenia - July 14, 2020 - PRLog -- Before we look further into the app development cost breakdown, you need to decide which type of development you are going to choose. You can either hire your own team of app developers or entrust the task into the hands of an experienced app development company.

There are a lot of factors that influence how much it costs to make an app. You need to understand each of them to manage your app budget better and allocate resources wisely.

NATIVE VS. HYBRID

The cost to build an app highly depends on the type of application you decide to create using native or hybrid development technique. Native apps are those designed for a single platform, iOS or Android. Thus, if you decide to target both groups of users, you will need to build two separate apps, which will increase app development costs.

ANDROID VS IOS

If you decide to build a native app, you will need to decide which platform to target first. You have a limited budget and don't want to risk the money, you can start with an application for a single platform, Android or iOS. The prices don't differ much, as the timeline is almost the same for both types of development. If you have a bigger budget, you can work on two applications simultaneously and launch them to the market at the same time.

LOCATION AND STRUCTURE OF A DEVELOPMENT TEAM

Where your development team is situated impacts the final cost to develop an app greatly. Even though there are regions like India where you can hire cheap mobile app developers, it is important to look for a good price and quality ratio.

APP MAINTENANCE COSTS

Knowing how much does it cost to build an app is not enough, as expenses don't stop with app launch to the market. You need to understand 'how much does it cost to maintain an app' and be prepared to spend on app support. Such costs can vary from $5,000 to $10,000 annually (Clatch - 2018).

Another research shows that during the first year, 50% of the app development cost will be spent on maintenance. During the second year, you will have to spend around 25% and 15%-25% for each subsequent year (Outsystems, 2018-2019 (https://www.outsystems.com/1/state-app-development-trends/)).

If you want to know how much does it cost to build an app in 2020, get in touch (https://addevice.io/blog/how-much-does-it-cost-to-build-a...) with our team for a free consultation and mobile application estimation.