Ever heard of, “There’s an app for everything?” Well, it’s true. According to Business of Apps about 3.3 million apps are available on Play Store. Additionally, Grand View Research projects that mobile app market revenue will reach about $567.19 billion by the year 2030.
Due to popularity of mobile apps it’s no surprise that every organization is investing in application development. However, a common question arises which is the main concern of everyone. What is the cost to create an app in 2024? Looking for the answer to this specific question? Well then you are at the right place. This guide provides a comprehensive answer detailing the cost factors for app development 2024. So continue reading our blog to clear your queries.
What’s The App Development Cost in 2024?
Let’s have a detailed discussion about Cost to Create an App in 2024. We will discuss the price of custom App Development by complexity, type and platform. In general the cost may range from $40,000 – $500,000+ but we will give a general overview and divide it by categories.
Cost to Create an App in 2024
Simple App Development Cost
A simple app basically consists of minimal features and functionality. This includes user profile, push notifications, navigation and basic user interface. Discussing the simple mobile app pricing in 2024 is about $40,000 – $120,000
Medium App Development Cost
Medium sized apps are more challenging to create due to their sophisticated functionality, interactive elements and extensive content. Examples include social networking apps, e-commerce apps, fitness tracking apps & online learning apps. Development costs for these types of apps typically range from $120,000-$200,000.
Complex App Development Cost
These apps are the most complex and difficult to create. These apps have complex functionalities and features which can take a lot of time and effort. These app design and development fees are much higher than other apps. Cost of these apps can range from $200,000 to $300,000+
Go through the given table for a better idea:
| App Cost By Complexity | Functionalities | Cost | Timeline |
| Simple App Development Cost | User Registration and LoginBasic User ProfilePush NotificationsBasic NavigationSimple UI/UX DesignBasic AnalyticsCustomer SupportSearch Functionality | $40,000 – $120,000 | 2-3 months |
| Medium App Development Cost | User Authentication and AuthorizationAdvanced User ProfilesSocial Media IntegrationInteractive DashboardsIn-App Messaging and ChatGeolocation ServicesPayment Gateway IntegrationAdvanced Push NotificationsAdvanced Search and FiltersCustom Animations and TransitionsUser Feedback and Rating System | $120,000 – $200,000 | 3-6 months |
| Complex App Development Cost | Real-time Data ProcessingMachine Learning and AI IntegrationAugmented Reality (AR) and Virtual Reality (VR)Video and Audio StreamingThird-party API IntegrationsBlockchain IntegrationAdvanced Security Features Multi-device SynchronizationCustom Backend InfrastructureOffline Mode with Data SyncHigh-performance DatabasesCustomizable User DashboardsAdvanced Analytics and ReportingGamification Elements | $200,000 – $300,000+ | 6-9+ months |
Cost To Build An App By Type
Next thing to discuss is the cost to create an app in 2024 by type. The cost of mobile app development may vary depending on the industry type. Each organization and industry have their own needs and requirements. However, we have listed some of the main industries with the approximate cost as well as examples. For further details go through the given table:
| Industry | Category | Cost | Examples |
| Healthcare | Telemedicine appFitness tracking app | $75,000-$250,000+$50,000-$70,000 | TeladocGoogle Fit |
| FinTech | Finance appeBanking app | $80,000-$300,000+$50,000-$200,000+ | Personal CapitalRevolut, Chime |
| Education | E-learning platform appLanguage learning app | $60,000-$150,000$40,000-$100,000 | UdemyDuolingo |
| Travel & Hospitality | Travel booking app | $40,000-$120,000 | Expedia |
| E-commerce | Online marketplace appRetail shopping app | $40,000-$120,000$50,000-$100,000 | Uber EatsShopify |
Cost To Build An App By Platform
Next thing we will discuss is the cost to create an app in 2024 by platform. A short table is given with approximate cost and platform
| Platform | Estimated Cost |
| Android App | $70,000-$250,000+ |
| IOS App | $70,000-$250,000+ |
| Cross-platform App | $60,000-$200,000+ |
| Web App | $30,000-$200,000+ |
| Progressive Web Apps (PWAS) | $40,000-$200,000+ |
Popular Apps & Their Development Cost
Now let’s go through some of the most popular app used world wide along with their expected development cost:
- Snapchat: $45,000 to $100,000
- Netflix: $25,000 to $200,000.
- Uber: $30,000 – $100,000
- Coursera: $60,000-$120,000
- TikTok: $60,000 to $100,000
- Holafly: $30,000 to $300,000
Here To Serve You!
As one of the best software companies Leed Software Development is here to provide you with the best services. If you want to build an app then contact us now! We will definitely exceed your expectations & build an app in your budget. So let Leed build your dreams into reality
Summarizing It!
Wrapping it, cost to create an app in 2024 varies significantly based on complexity, type as well as platform. Typically it could range from $40,000 – $300,000. Simple apps have minimal features, while medium and complex apps include multiple functionalities. Understanding these costs & associated factors can help in making informed decisions. If you’re looking to turn an idea into reality, Leed Software Development is the best option for you.. So what’s the wait for? Let’s build something exceptional together
FAQs
What is the cost of developing a simple app in 2024?
The cost of developing a simple app in 2024 typically ranges from $40,000 – $120,000.
How long does it take to develop a medium-sized app?
Developing a medium-sized app usually takes between 3 to 6 months.
What are some examples of complex app features?
Complex app features include real-time data processing, machine learning integration, augmented reality (AR), and advanced security features.
How does the industry type affect app development costs?
App development costs vary by industry due to specific requirements. For instance, a telemedicine app might cost $75,000-$250,000+. Whereas an e-learning platform app could cost $60,000-$150,000.
What is the estimated cost for a cross-platform app?
The estimated cost for developing a cross-platform app ranges from $60,000 to $200,000+.
How can Leed Software Development help in app development?
Leed Software Development provides expert services to build apps tailored to your needs and budget, ensuring high-quality outcomes for your project.
