Top 5 factors affecting AI app development cost

AI App Development services help modern businesses and enterprises streamline complex operations seamlessly. AI-integrated solutions have unlocked immense possibilities to improve productivity and achieve long-term success. The demand for AI-driven mobile apps has massively increased but when it comes to estimating AI app development cost, businesses may face some challenges. The cost of developing AI apps varies depending on several factors, from project scope to deployment. In this blog, we will focus on the 5 prominent factors that strongly influence the app-making cost. Let's get started.

Factor 1. Project complexity levels:

When it comes to considering AI-driven app-making costs, project complexity is the most crucial factor to consider. Unlike other iOS and Android apps, AI-driven apps mostly involve data processing, complex algorithms, and machine learning models. Therefore, the process of AI app-making requires high skills and domain knowledge. 

Factor 2. Scope of the project:

AI-integrated iOS or Android app development costs highly depend on project scope. This is because AI app development projects usually range from basic AI functionalities to advanced applications like natural language processing or computer vision. Therefore, considering the project scope is essential while estimating the cost of developing AI-driven apps. 

Factor 3. Features & functionalities

Whether it's iOS or Android, every mobile app is developed with a set of unique features and functionalities. So, it's pretty obvious features will play a big role in determining the overall app-making cost. For instance, incorporating a feature like real-time data analysis into a mobile app increases app-making expenses. Moreover, adding a feature like a personalized recommendation to an AI-driven app increases overall costs. 

Factor 4. The choice of app development platforms

Whether you are planning to build an AI app or a traditional application, you need to choose the right platform for it. Most apps are mostly built for iOS, Android, or cross platforms and they have different pricing models. According to professional app developers, you have to select the platform based on your project scope and complexity levels. Here is a platform-wise breakdown of AI app development costs. 

Factor 5. App Category

The category is a significant factor that strongly influences AI-driven iOS and Android app making costs in India and other regions. AI app categories vary depending on core functionalities, number of users, etc. For instance, the making cost of AI-driven eCommerce applications falls between $50,000 to $200,000. On the other have, AI-integrated gaming app development cost ranges from $80,000 to $300,000+

Industry-based mobile app development costs

When you are planning to build industry or domain-specific mobile apps, you may find variations in their making costs. For your convenience, we have shared a list of app development costs based on different industry domains.

• Cost of making banking apps: $70,000 to $150,000
• Cost of making real estate apps: $50,000 to $80,000
• Cost of making healthcare apps: $80,000 to $150,000
• Cost of making insurance apps: $60,000 to $120,000
• Cost of making manufacturing apps: $50,000 to $150,000
• Cost of making logistics apps: $50,000 to $100,000

Final words

Nowadays, investing in AI-driven applications has become a necessity for businesses aiming to stay competitive in the market. Though at the initial level, the AI-driven Android and iOS app cost is a bit higher, it provides immense business benefits in the long run. By incorporating unique approaches and utilizing advanced resources & technologies, startups, and enterprises can embark on their AI-driven app development endeavor efficiently.