The world is increasingly becoming mobile-oriented as smartphones and small-screen devices are now deeply integrated into everyday life. Part of the digital transformation includes the rise of mobile applications; that’s why businesses are dedicating a large portion of their budget to developing apps to improve their user experience in more ways than one.
While developing an app can open new opportunities for immersion and greater navigation for consumers, the cost of creating a dedicated mobile app can be expensive as it takes into account several factors such as its functionality, devices supported, integration points, the complexity of visual interactions, features, maintenance plan, and more.
The Average Cost of Developing a Mobile App for Businesses
Different functionalities and purposes can influence app development costs, so here are the things you should consider when setting your budget.
1. Cost for Basic Apps
When creating basic apps with simple functionality—from lightweight games to business-specific calculations, these are the kind of development that can yield a price between $10,000 to $15,000. These are rarely developed as apps nowadays are more comprehensive.
2. Cost for Data-Driven Apps
Any apps that collect data and translate it to inform users are made by-products of a brand’s primary product launches. Some examples are calendars, maps, or weather monitoring, which typically cost between $40,000 to $80,000.
3. Cost for Social Network Apps
Businesses know that social media is one of the most engaging platforms that connect brands and customers, think social giants like Facebook, TikTok, LinkedIn, and more. These require complex processes with larger backend infrastructures, so the cost of making a social network app will be at $60,000 to $300,000
4. Cost for eCommerce Apps
Running an online business is a lucrative way to set up shop in the virtual world, but other than user-friendly websites, shoppers can benefit the most from using an eCommerce app since it provides a more smooth-sailing shopping experience. With all the product pages, payment options, social interactions, and other features involved, the overall cost can reach $60,000 to $300,000.
5. Cost for On-Demand Service Apps
People can do anything using their mobile devices, from online shopping, ordering groceries, and connecting with other service providers in different niches. This is one of the most booming kinds of the app as on-demand services rise in popularity, so the cost will be between $150,000 to $300,000
The Bottom Line: The Cost of Mobile App Development and Maximizing Your Budget
The budget you need to set for your app development varies depending on its purpose and target audience, but no matter what niche you’re going for, the best way to reduce your expenses is to prioritise ‘must-have’ features that truly create a seamless experience for your users. Understanding the viable product fit for your market also helps reveal your risks and areas in your development that can be cut down in terms of its budget.
Why Choose Nahr Development to Bolster Your Marketing Strategy?
If you’re looking for the best eCommerce web development agency in Cairo, you’ve come to the right place. We focus on various digital services from web design, mobile application development to custom digital marketing so you can grow online and thrive in a competitive digital space. Learn more about how we can help you today!
