How Much Does it Cost to Develop an App like IoT

How Much Does It Cost to Develop an IoT App?

About IoT app

Technology is advancing day by day. Let it be any sector, like healthcare, home systems, education, IT, or any such, technology is playing a remarkable role. The success of various advancements in technology owes to the acceptance of the people in adopting to the new technology.

With regard to IoT, various devices are connected forming a network, which in turn is connected with internet. The usage of IoT is growing strong in various industries as it is proving fruitful. Also, various industries like Samsung, Intel, Qualcomm, Apple, Google, LG and such are focusing on development of IoT.

The IoT segment Expenses raise from 1.9 trillion in 2013 to 7.1 trillion by 2020 as indicated by International Data Corporation (IDC). By 2020, connected devices is expected to account for about 10billions as per Gartner analysis. As per the Ericson statistics, the future would be witnessing the scenario where the number of connected IoT devices will be in match with the number of mobile phones.

In today’s scenario, the various technological updates are brought via smartphones, in other words smart tools like smart phones, smart homes, smart watches, and such are helping apps to reach users easily, thus easing the management of Internet of Things devices. This usage of mobile apps and IoT apps serves various benefits and hence the high demand.

Overview of IoT App

Before you start

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Do you have an idea of developing an IoT app, then you need to have a deep in-sight into what exactly you wanted to have. First of all, you need to have an idea about why you want to develop an IoT app, what benefits you are expecting from it, who are your target audiences, how your app can meet the user’s expectations and all such. This will also serves useful in letting the developers know what exactly you want and how you want your IoT app.

IoT app development cost
IoT for android ios windows

IoT Challenges

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When you use some tools like Bluetooth, usage of technology like BLE, Bluetooth Low Energy technology serves very useful in saving power. Likewise, also keep in mind that developing some features would take time like for geolocation, social media synchronization, and such

In order to be aware of the various challenges that arise during the development of IoT app, it is needed to be aware of right IoT app development company which serves the best of the best customized services.

Time consumed for IoT Design Stage

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IoT IconInformation Analysis: it involves project goal definition, audience and market research, functionality, and this process may consume about 20-40 hours

IoT IconPrototyping: Interface designs UI/UX designs, IoT prototypes and it will take about 40-80 hours

IoT IconVisuals: Icons, App Logo, Designs and it will take about 80- 300+ hours

At design stage, following are more time consuming factors

IoT IconVast features and screens

IoT IconLarge project size

IoT IconComplex UI/UX

IoT IconUsage of new tools and technology

IoT IconAmount of visual elements

IoT IconUndefined requirements.

IoT UI designers

How much time it takes to create an IoT App?

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It mainly depends on Complexity levels and features that have to be included. Other factors which need to be considered are number of icons, project volume, features, screen, IoT app complexity. On an average, it takes about six months to develop an IoT mobile app.

Different IoT projects have different requirements, yet the common question is ‘how much time is needed to develop an IoT app?’ for this to answer, the IoT app development company considers the requirements and estimate the approximate time required for creating it.

During the IoT app development, following will consume more time

Geolocation

Auto-learning feed

New technologies

Content Management System (CMS)

Payment Integration

Data Encryption

Third-party API integration

Synchronization across the devices

If the task of IoT app development, if it has to be done from the scratch, it would be very difficult, but usage of pre-built components and preferred IoT platforms and usage of Rapid App Development, RAP will ease the process. RAP is proven to favor prototyping rather than planning, which may even replace design specifications.

What is the best mean to create an IoT mobile app?
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It is quiet tough to develop an IoT mobile app. It required lot of time and resources, huge budget. But, as the technology is advancing, there exist solutions for making the process easy and budget friendly.

The IoT app so developed should be able to meet the complexity of the technology like networking chips, endless sensors, and such. In other words, the product should work in tandem with other connected devices.

Tips to develop IoT app

IoT IconIoT app level: firstly, it is important to understand the interaction of the app with the IoT systems. Its functionality, objectives, and such should be clearly known. Avoid common mistakes and think of usage of connected devices. Getting clarity about these details will help in further understanding about hardware and other layers to be used. Then you need to decide about the infrastructure and management. Data processing is the key functionality and also processing should be organized.

IoT IconUse Readymade platforms: Many developers opt for using readymade IoT platforms because developing IoT mobile app from scratch is difficult. There are so many readymade IoT platforms, perhaps Apple and Google are also planning to develop their own platforms. Intelligent system services, released by Microsoft as well. Developing a customized IoT app will have various advanced features which can integrate perfectly to the user’s business goals.

IoT IconDeveloping Scalable apps: Scalable apps serves for various benefits. As, IoT faces continuous changes, the IoT app so developed should be able to upgrade to the latest trends in the technology.

IoT IconConsider a wider market: The product should not be limited to a single niche. Focusing on specific features is good, but it must be able to interact with other features like security, services, etc. so, focus should be given more on broader picture.

IoT IconSecurity: Security comes in the first row, in the developmental process. As IoT is more prone to security challenges, utmost care should be taken.

What are the factors that affect the cost of IoT app development?
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Cost of Developing an IoT App: There are so many factors which decides the cost to develop IoT app. These various factors may include things like

IoT IconThe kind of app required and its complexity

IoT IconTime needed to develop it, which is further dependent on type and number of platforms used.

IoT IconSize of team involved

IoT IconHourly charges of programmers and designers, which vary from country to country like in India it will cost $20-50/hour, In Eastern Europe, it will cost $30-50/hour, in Western Europe it will cost $60-130/hour, in North America it will cost $50-150/hour.

IoT IconProgramming language and expertise

IoT app Features

Considering all these factors, the overall IoT app development cost around $10000-250,000 depending on the app type and additional features included.

How much FuGenX costs to develop IoT like app?

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FuGenX Technologies is a leading mobile app and game development company in India, delivering quality-driven mobility services across the world. We have been crowned with many global technology awards, including the Deloitte Technology Fast 500 Asia Pacific & Fast 50 India, for pioneering high-quality products and ideas in the mobile space.