Have you ever heard the phrase — “There’s an app for everything”? This million-dollar statement has become more of a drift now as mobile app development trends are raging like never before. Both Play Store and App Store have recently celebrated their 10th anniversary, and the number of apps does not seem to slow down anytime soon.
Although the total number has surpassed 7 million, there’s still room for more, encouraging companies to build impressive apps that revolutionize the way people connect with your venture — Boomers, Millennials, and Gen Zs alike.
With this rises another critical question that has been bugging business leaders since day 1 — What would be the app development cost?
In general, the average cost of developing a mobile app is somewhere between $50,000 — $75,000. However, it can reach up to $300,000+ for complex apps.
That is a lot of generalized estimation right there. What 22 years of app development experience actually taught us is that there is no fixed answer to this; apps do not come with a price tag. However, we can tell you that the development cost and product quality are directly proportional. The rest depends on a lot of variables that you should carefully consider to ensure success.