App development costs study released by Clutch
|Christian Hargrave in iOS Tuesday, October 3, 2017|
App development research report has released by Clutch to show the realities of the app development process and how much it will cost businesses.
App development costs vary and are based on features, timelines, the type of firm employed, and other factors. Businesses can research app development prices online, but experts agree that identifying an accurate estimate is unlikely without completing the discovery stage in collaboration with an app development company.
"It makes sense to only give an exact [price] estimate after the team clearly understands what should be done," said Dmitry Dobritskiy, CEO and Co-Founder of MindStudios, a mobile app development company.
Clutch's survey of 102 app development companies helps businesses better understand the app development process and its potential costs.
App development cost typically depends on the type of features
Certain app features, such as a web portal for managing an app and infrastructure for performance management and analytics, tend to increase the cost of a project. These features require backend integration and intricate coding.
Even simple features can add to the cost of an app, though, depending on the requirements.
For example, one app development company reported that push notifications cost between $50,000 - $100,000 to build, even though push notifications are typically considered a simple feature. Experts caution that an app feature should not be assigned one specific price tag across all projects.
"Every project is different. The underlying process and layers of complexity required to deliver each particular feature will determine the cost just as much as the total number of features," explained Drew Johnson, Co-CEO of App Partner, a mobile app design and development agency.
Misconceptions about app development are common
App development experts say there are several common misconceptions among businesses regarding app development costs, including that many businesses don't understand the investment required to build a meaningful app.
"Many businesses walk in thinking that an app can be built for $25,000 - $50,000," said Nik Sanghvi, Head of U.S. Sales and Business Development at Robosoft, a mobile app development company. While Sanghvi acknowledges there are, "very simple apps that can be built within that price range," for any 'meaningful' app development Sanghvi recommends that a company budget $200,000 - $500,000 from end-to-end to be successful.
Businesses interested in building an app with a professional app development company should be knowledgeable of the process and understand the investment required.
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