Is this not the first and the foremost aspect which is earnestly considered by every buyer ahead of making a purchase, heedless of the buyer and the product profile?
Although cost does vary in accordance to the benefits attached to the product; still a buyer first evaluates the cost and then ruminates about the benefits which that cost will bring along. When it comes to app development the cost considerations which are undertaken are:
- HOURLY RATES which vary from region to region and on the basis of the fact whether it’s an iOS app or Android app.
- TIME SPENT which is the time taken in designing, development, and testing
- COMPLIANCE with Google Play Store and iOS market
Apart from all the above cost comparison particulars, the app development price tag is also driven by the region where it is to be developed. Majorly, US, UK, UKRAINE, and INDIA are the four distinguished countries which are the basis for the regional cost variation across a globe. Before going ahead with the study, it is to be clarified, that the content involves comparison on the basis of monetary value only and not on the basis of quality.
On an average, the value of app development (be it iOS or Android) which involves a time span of roughly eight weeks, will account to $ 48,000 in the US whereas in India it will cost 10x times less. Because of this vast dissimilarity in pricing, the cost comparison between India and US is a big-eyed subject matter in the app market. It has been studied that the low cost of app development in India is because of the increased number of app developers and low value of Indian currency. In fact, it is this low pricing aspect of Indian app development market which has applauded India as an outsourcing hub.
Very soon in the year 2018, India is going to become the nation with largest developer community (4 million). There is a huge amount of untapped potential in the Indian app market. Therefore, Google and Apple have all their eyes set to clinch this opportunity. In July 2016, Android Skilling was launched by Google to train 2 million developers for Android platform. Apart from this, Apple planned to come up with iOS App Design and Development Accelerator in Bengaluru so as to provide specialized support to local iOS developers.
EXAMPLES OF LOW BUDGET APP DEVELOPMENT COMPANIES IN INDIA
With BENGALURU, DELHI and HYDERABAD taking up 55 percent of the Android app development market and also 45 percent of the iOS app development market, India in total has a vast assemblage of app developers be it for the purpose of buying a household item or for booking a cab. And because of this very reason over and above the low value of Indian Rupee, there exists a major difference in the cost of app development in India as compared to US or UK or UKRAINE.
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