17 Jun, 2021
2023 Utility Mobile App Building Cost
As technology continues to shape the utilities industry, mobile applications have become a game-changer, offering enhanced customer experiences and optimizing operational efficiencies. In recent years there is a huge growth in mobile app development in Energy and Utility Industry because of App benefits in Utility Industry. According to Statista, the number of mobile app downloads are increasing – they estimated the downloads from 2016-2022 and found out that downloads had a 45 percent increase over five years.
If you are considering building a utility app in 2023, it’s crucial to understand the various factors that contribute to the overall cost. In this article, we will explore the key cost factors involved in developing a utility app, empowering you to make informed decisions and allocate resources effectively.
Factors That Affect the Cost of Building a Utility App
Features and functionality
The more features and functionality an app has, the more expensive it will be to build. For example, an app that allows users to track their utility usage, set up alerts, and make payments will be more expensive to build than an app that simply displays utility rates.
The complexity of your utility app directly impacts the development cost. The more intricate the features and functionalities you require, the higher the cost. Elements such as user authentication, real-time data integration, billing systems, and interactive dashboards will add complexity and development time, affecting the overall budget.
Platform(s) on which the app will be developed
Deciding whether to build a native app for specific platforms (such as iOS or Android) or opting for cross-platform development impacts the cost. Native app development involves building separate apps for each platform, while cross-platform development allows for shared codebase but may require additional efforts for platform-specific optimizations.
Country & Expertise of the development team
The experience of the development team can also affect the cost of building an app. A team of experienced developers will be able to build an app more quickly and efficiently than a team of less experienced developers.
And if you have outsourced your app development project then geographical location of your app development team can significantly impact the cost. Different countries have varying labor rates, cost of living, and market demands, which can influence the overall project cost. Developing your app in regions with higher labor costs, such as the United States or Western Europe, will typically result in higher development costs compared to countries with lower labor costs, like Pakistan, India or Eastern Europe.
Typical Cost of Building a Utility App
The typical cost of building a utility app in 2023 ranges from $10,000 to $100,000. But The actual cost will vary depending on the factors listed above.
You can reduce the cost by outsourcing your utility app development project to TechXpert
At Tech Xpert, we specialize in delivering comprehensive application development, maintenance, and consulting services tailored specifically for businesses within the energy and utilities sector. You can see our Utility App Development Features or can get a customized utility app building quote below