Brief Guide to Mobile Application Costs in Singapore
As more users are moving to mobile phones for Internet surfing and performing small tasks, the significance of Mobile apps is at a record high. There are applications to perform functions like shopping, social media, giving data on numerous topics/fields etc.
Depending on a few factors, there are various types of applications that are made at certain cost in regards to the necessities of the customers. An informative app without any updates is a good start for any business to make their existence in the mobile applications. This is an independent application with no interaction to any server.
In the event that you need updates to engage your clients quicker, the simplified approach is to go for an informative app, or an interactive app. Both need the mobile app to be interacting to a web server, thus the development expenditure will be higher than the one without any updates.
In the case of a bricks-and-mortar store, the expenses will generally shift based on your requirements, budget, as well as desired features. Additionally, these apps can be made for some unique platforms like Android, iOS, Windows, Blackberry, and HTML5. An average app will take 1-2 months for development with a price tag of $5000 SGD to $15,000 SGD based on the complexity.
Below is a list of aspects that fluctuates the cost of app development:
Informative Mobile Application
As the name sounds, an informative mobile app is one of the least expensive to create because they contain static data and based on the business, a contact form. They present data to a user who can choose from the available options and be diverted to the additional materials of the topic. You’ll need to give the content, instructions, and examples of applications to your designer. It is among the most modest kind of application to get developed and on the off chance that you need this application to likewise fetch data from clients and update it at normal intervals, it would cost around 30% more.
Banking and Finance App
Few companies have already launched banking mobile apps to offer customers ease of access to banking services. One model is DBS PayLah! The standard core elements of a banking app integrate secured sign-in, balance check, account alerts, automatic savings transfer, virtual operator (AI chatbot) for reacting to inquiries all day, ATM locator, cash backs and the most vital, security which incorporates multiple layers and firewalls. Banking and finance applications can cost between $40,000 SGD to $80,000 SGD.
Shopping Mobile Application
These applications enable you to sell your products or services online through a mobile app. It is integrated with payment gateways. Such applications can have extra features like wish lists, push notifications for fresh arrivals or flash sales and back-end CMS to collect and store the client data. Shopping applications must have security features in place to store client’s credit card data securely, which is usually provided by a 3rd party service provider.
Healthcare/Medical Mobile Apps
Healthcare industry alone has created a wage of $23 billion in 2017. Hospital mobile applications links healthcare providers and patients together on a single platform. One such healthcare app known as ‘ringmd’ in Singapore, where doctors and patients communicate through a video call for diagnosis. Accordingly, patients don’t need to visit a doctor regardless of being sick and even medical certificates are provided right to your doorstep. Features may incorporate accessing and viewing health records, scheduling appointments, prescriptions, push notifications for alerts etc. Those healthcare apps varies from $70,000 SGD to $90,000 SGD.
Mobile platform apps enable organizations to deliver unique features and functionalities to the clients wherever they are and have a critical place in the market. The commercial apps are for connecting at least two or more groups and the functionality needed of attributes that are typically not a part of any normal app. These apps are complex and require extensive development. Uber is a brilliant example of a marketplace app that includes location, tracking and analytical functionality for allowing their users to book a taxi within a few clicks.
Retail Mobile App
Mobile apps have enabled organizations to manage retail operations productively while improving client experience. Throughout the years, application development for retail organizations has gained immense popularity in the Singapore market. Organizations not just utilize the mobile apps to demonstrate their products and services, but add value by bridging digital and physical trade onto one platform. Aside from the standard purchasing process, retail applications give a platform the ability to merge retailers and their clients. Special loyalty programs are shown to retain the customers on these mobile apps. Amazon, being one of the world’s greatest online retailer, has a mix of features in their mobile app which incorporates client record and profile, product/service description geolocation, QR codes scanner, client loyalty programs and discounts as well as mobile payment integration. These types of mobile applications may range between $20,000 SGD to $40,000 SGD.
Social media Applications
Multi-user applications have the capacity to engage clients instantly. WhatsApp is the most well-known chat in the world with 1,300 million monthly users. Dating and Chatting apps like Tinder is no less as well. They are popular among different age groups. They have built-in capacities for submission of listings and reviews, sharing data to one another and communication between users. In this application, the client interacts with various users quickly and simultaneously to exchange information. It is exceptionally important to guarantee your multi-user app is interactive as well as user-friendly. Other functionalities would be video or voice calls, registration, and etc. A chat application can go up to $40,000 SGD and if you need to include additional custom features, a customized Chatbot may cost extra depending on the complexity.
User Productivity Applications
Applications are commonly focused at work process upgrades in the organisation, which are normally called user productivity applications. Dropbox is a networked SaaS (Software as a Service) application. It is a software licensing and delivery model in which the software is authorized on a subscription basis and is centrally hosted. Such applications, which work processes between different clients have significantly more complex databases and protocols because of the need to interface between various parties. User productivity applications can cost approximately $20,000 SGD to $30,000 SGD and up.
Game applications may appear to be all fun, yet are costly to create as they require detailed planning, innovative design, and complex programming. The thought might be simple yet it includes a blend of difficult elements. Most game apps generally have some intricate frameworks to consolidate the 3D impacts and some other features. 3D games tend to cost more because of the quality of the visuals. A simple 2D game may cost between $50,000 SGD to $80,000 SGD but a 3D gaming application may cost up to $100,000 SGD.
Online Food Ordering App
A few examples of food ordering mobile apps are FoodPanda and Grabfood. These applications create a list of eateries in the database along with the pricing, where the nearest restaurants to the clients are filtered out based on certain criteria. Functionalities of these applications are analytics, geolocation, mobile commerce, inbuilt tracker to screen order status, custom inquiry choice or filter option to pick food accordingly to cuisines, social media integration, push notifications for recent news, ratings and reviews. The approximate cost for a standard food ordering mobile app is $20,000 SGD to $40,000 SGD.
The market is extremely competitive, and you can discover awesome deals if you are patient and do some research. Keep in mind, if you’re going to spend that amount of money, better be ready to acquire something incredible!
Contact us if you are ready to get your mobile application launched in Singapore.