Many businesses — maybe even yours — can benefit greatly from having a mobile app. Making your app available to their customers is a good way to lock them in. A mobile app can also help attract new customers. But sadly, a lot of businesses think that mobile app development costs are expensive and not worth it.

Whether or not this is true for you, it’s indeed vital to make sure that you know the costs involved. Let’s take a quick look at the costs of developing a mobile app:

Average mobile app development costs

First, you should learn about the average mobile app development cost range. On average, the cost of building an app is going to range from US$10,000 to $500k. Remember that those are estimated numbers based on numerous projects — the precise cost of your project is going to depend on its size and the intended goal. It may be possible to limit your budget by taking certain steps along the way.

Mobile app design costs

mobile-app development costs VelvetechexamplesEventually, you’ll need to create a rough design for your mobile app. You need to find out what you want it to look like. Then, you’ll need to hire a professional to design it from scratch. This too is going to increase the price significantly. It really depends on the complexity of the design and the professional that you hire for the job. Nevertheless, your mobile app design costs will range from $2,500 to $10,000.

Market analysis first

Before you hire a development team, you need to make sure that there is going to be a market for your app. After all, a lot of apps are out there and many of them have been failures. With that being said, you need to make sure that customers are actually going to download and use your app. Perform a sufficient amount of market analysis. This can be expensive, but it is going to help you better understand the unique needs and desires of your customers.

A project manager is a must

Whether your app development is in-house or outsourced, you’ll need a project manager. You might believe that you can scrape by without one, but that will be a costly mistake. A good project manager will help keep things organized. With their assistance, you’ll be able to break down your project into smaller projects. In return, your team will have a much easier time completing the project as a whole.

Professional help to the rescue

If you want to remove the complexities of app development from your hands, it’s best to hire a professional team. This has some benefits, but it is also going to cost you a bit more. At the same time, there’s a chance that you’ll lose some of the creative control. The mobile app development cost can vary, but for a successful US app development company, there is a good chance that you will pay approximately $150 an hour to develop your app.

If you do not have coding skills or an in-house development team, a professional app development team might be your best option. One highly rated team is US-based Velvetech software development services, who can get your development process underway quickly. They break down 2019 app development costs in greater detail here.

For more mobile app development resources, see our app development directory here on MobileVillage.