In today’s day and age, mobile apps have become a real necessity for businesses. This blog will tell you about the hidden cost of application development.
Are you someone who is working as an app developer for a long time? OR Are you someone who is an owner of a successful mobile app development firm? Then, you must be knowing that app development is such a volatile field. You need to be aware of the latest trends in the market.
What was popular some months ago might not be in the probable list right now. The mobile app market is changing at a rapid rate. So, as an app development company, you need to know everything that is happening right now. One of them is knowing the approximate cost of apps.
Cost is such a significant factor for any firm. There are many hidden costs associated with app development that you need to be aware of. In this blog, we’re going to provide you with a list of factors that sums up as a hidden cost of mobile app development. So, let’s start the show.!
Category of Hidden Costs
Before going into the detail of hidden cost, you need to know its categories. You also need to understand mobile app architecture. That’s where the Complete Guide Of Mobile App Development comes into the picture. It will help you to understand all the aspect with ease.
It is very critical when you’re looking to find out the developers. There are four main categories of hidden cost – Functional Services, Administrative Services, Infrastructure Services & IT Support Services. You need to take to that into account while making the important calculations.
Hidden Costs Of Mobile App Development
1. Push Notification
Most of the time, developers don’t consider the cost of developing a push notification feature. But, it plays a significant role. No mobile app in the world can discard this fantastic function. It helps you to increase user engagement. So, start working on this sooner rather than later.
Approximate Yearly Cost: $2,400
2. Social & Chat
Most people utilize this feature to encourage the sharing of their content through social media. Now, if you want to integrate social media into your app, you have to pay for the yearly subscription service. It can be one-to-one chat, group chat, chatbot integration, etc.
Approximate Yearly Cost: $1,200
Now, you must have got the biggest shock of your life hearing about this thing. Most people won’t consider this feature into their pricing calculation. But, it plays an integral role in your mobile app. For knowing more on it, you can contact mobile app developers, without a doubt.!
Approximate Yearly Cost: $500
There is so much demand for this feature in the field of mobile application development. Email service has become a prime feature in the last few years. For integrating this facility into the application, you need to utilize specific, and that would be a factor in the hidden costs.
Approximate Yearly Cost: $1,000
5. Server Management
The server is a basic that you want for any damn mobile application. You need to host the app on a server. Unlike big companies, you need to outsource the server for your mobile app. That means the maintenance cost would add up. These things will stack up in hidden cost calculation.
Approximate Yearly Cost: $12,000
6. Data Storage
Data is such an integral part of any application. Most of the mobile app has a massive amount of user data. Therefore, they need robust data storage system for maintaining these stuff. So, that would certainly add up in your hidden cost for the mobile app development, without any doubt.!
Approximate Yearly Cost: $3,600
CDN is a network of distributed servers that helps you to deliver the app content immediately. Nowadays, when the user wants everything on the fly, this mechanism proves to be highly beneficial. However, that would charge a sufficient amount every year, for sure.
Approximate Yearly Cost: $3,600
In today’s day and age, when the user experience has become of prime importance, apps are having plenty of images. Now, all these images stack up lots of memory. So, you need special storage for this which would add up in the hidden cost. You all need to find out the best service.
Approximate Yearly Cost: $4,800
9. Development Tools
For any mobile app development, you need to make use of development tools, libraries, and support services. All that would add up as hidden cost for application development. There is a lifetime deal for all of these. So, you need to find out the right combination for your firm.
Approximate Yearly Cost: $4,800
Every mobile app comprises third-party APIs. For maintaining these enterprise-level APIs, you need to pay a specific amount. It will also add up to the hidden cost of the app development. Therefore, as a mobile app developer, you need to consider this thing during development.
Approximate Yearly Cost: $5,000
How to Handle Hidden Costs?
The key issue with mobile app development is the hidden cost. Individual components need to be assembled to get this thing right. As we have seen that each of them will cost you thousands of dollars. Also, keep in mind that these costs are annual. So, it will continue through the life span.
The question is, how to handle these hidden costs? If you can solve this issue, then you will be able to take your business to the next level. Many businesses haven’t been able to get rid of this issue and that’s why they’re not able to become successful. So, you all should handle this thing.
You can take assistance from the industry experts. They will be able to help you with their rich vein of knowledge and experience. Another way of handling this issue is by preparing well-in-advance. Make a core team who analyze the ways to reduce this cost with some tricks.
All these will help you to handle the hidden cost. We know that it’s not easy to overcome this issue. But, with sincere hard work and dedication, you will be able to get rid of the issue. We hope this article will be helpful to you in the long run. So, wake up and start making an effort.
Here, we have tried to provide you with a list of factors that add up as a hidden cost of mobile app development.
It will be helpful to any Mobile App Development Company in New York USA.
If you’ve any questions or suggestions related to this blog, then feel free to ask them in the comment section.
We’ll try to respond to each of your queries. Thank You.!