Before we look further into the app development cost breakdown, you need to decide which type of development you are going to choose. You can either hire your own team of app developers or entrust the task into the hands of an experienced app development company.
When you look at the business model with an in-house dev team, you can see one main advantage — direct communication, when you can chat over app features at any time. Mobile app development outsourcing, on the other hand, is different in terms of team proximity. Still, you won’t have any problems communicating with an experienced team that has years of experience working with clients from all over the world.
When you compare an in-house team vs development outsourcing, you get the following benefits:
Pros of an in-house team:
- face-to-face meetings
- fast communication
- deep project involvement
Cons of an in-house team:
- lack of talent
- need for huge initial investments
Pros of app development outsourcing:
- huge talent pool
- any level of expertise
- lower rates
- no need to huge initial investments
Cons of dev outsourcing:
- time zone differences
- lack of personal control
Even though both approaches have their pros and cons, it is not surprising why many businesses choose to outsource mobile app development.
The main reason is the lack of legal problems and tedious hiring problems, which you cannot avoid when building your own team. If you decide to go with an in-house team, the answer to the ‘How much does it cost to build an app?’ question will multiply.
What impacts on the cost of app development
There are a lot of factors that influence how much it costs to make an app. You need to understand each of them to manage your app budget better and allocate resources wisely.
Native vs Hybrid app development
The cost to build an app highly depends on the type of application you decide to create using native or hybrid development technique. Native apps are those designed for a single platform, iOS or Android. Thus, if you decide to target both groups of users, you will need to build two separate apps, which will increase app development costs.
Hybrid applications, on the other hand, can work on multiple operating systems. In a big perspective, it means that you will spend less money on app development, as you need to build a single application.
However, many companies choose to build native applications, even though understanding the cost of app development of this type will be higher. They choose native applications because of their technical superiority, smooth user experience, and higher performance as compared to hybrid applications.
You can read the full story here: How much does it cost to build an application