Why Developing a Mobile App is Too Expensive?

If you are familiar with the current market scenario, you might know with the significance of having a mobile app for the growth of a business. The majority of your target audience are relying on their mobile phones for everything, and therefore, it’s highly imperative that you invest in app development to provide them with a fully-functional mobile app. 

However, developing a mobile app is no child’s play, especially if you aren’t familiar with the app development market. Developing a mobile app can cost you anywhere between $1,000 to $100,000, depending on the functionalities you want to integrate into your mobile app. It means that turning your mobile app idea into a running app is not inexpensive at all. 

But, the real question is what makes developing an app so expensive? The truth is, a lot of factors like manpower and development tools go into developing a mobile app. Furthermore, it takes several resources to tailor a customized mobile app, which eventually increases the overall development cost. 

Here are some of the other factors which make app development expensive. 

An App Consists of Many Elements:

A mobile app is a combination of different modules and building these modules take time. For instance, if you’re planning to build an e-commerce mobile app, it requires several elements such as a payment gateway, backend to store user & product information, UX/UI design, etc. All these elements take time and a lot of resources, which eventually leads to higher app development cost. 

Hourly Development Rates:

Developers across the world have different development rates. For instance, mobile app developers in India charge comparatively less than USA. Many business owners prefer hiring offshore development firms as they have lower development rates. It means that if you’re on a tight budget, you should consider hiring developers having lower hourly rates. 

Lack of Developers

Even though there’s a huge community of app developers, finding reliable developers is quite a strenuous task. It is worth noting that not every developer is capable of meeting your requirements. So, if a developer is providing you with quality work, he is likely to charge more. 

These are a few of the factors which make mobile app development expensive. However, you can still keep your app development costs minimal by hiring offshore development companies such as RV Technologies, an app development firm providing affordable development services.