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30 Dec 2020
Jermaine Trotman

Top Biggest Hidden Costs of Developing an App & How to Handle Them

What is App Development?

  • iOS app development costs around $25k.
  • In the case of android, it will cost approximately $23k.
  • Similarly, for windows, the app development will cost $18k.

Before beginning the app development process, you must know that there are three types of apps:

Hybrid Apps:

Native Apps:

Web Apps:

hidden app development costs

How Can You Minimize App Development Cost?

Maintain and Upgrade
Platform Type

Custom Animations and Designs

Following a Fixed Plan

Cross-Platform Development

how to build a mobile banking app

Minimal Viable Product

Re-defining the Technology

Reduced Cost Expectation

10 Biggest Hidden Costs of Mobile App Development

Let’s have a look at the topmost expensive components of App Development:

  1. Servers: $12,000/year

2. Android and iOS Updates: $10,000/year

  1. APIs: $5,000/year
  2. Images Data: $4,800/year
  3. CDN: $3,600/year
  4. Data Storage: $3,600/year
  5. Push Notifications: $2,400/year
  6. App Update Submissions: $2,400/year
  7. Development tools, libraries, and support: Minimum $1,200/year
  8. Chat and Social Integration: $1,200/year

banking app development cost

Some of the researches showed that:

  • During the first two years after the app development, the development phase only represents 35% of total cost.
  • The cost of maintenance of a medium-size app usually costs around $5000 to $11,000.
  • In the case of app development, the maintenance cost is approximately 50% less than the total development cost.

Publishing App in App Store

Back-End Data and Development

App Designing by Experts

Preventing Glitches

Accessibility of App on Various Platforms

BuildFire Reduces the Development Cost by 90%

You are in Full Control

Scale Infinitely

Use of Pre-Built Plugins
All Platforms Are Covered

8 hidden costs of mobile application developmentConclusion

Also Read - eWallet app development cost

Jermaine Trotman

Jermaine Trotman is the co-founder of Nimble AppGenie, a company renowned for its bespoke mobile app development and web development in e-wallet app development and fintech development.

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