Apps are and have been taking over the world. With around 2 billion smartphone users in 2016, mobile app startups are among the quickest developing companies. Many have ended with multi-billion dollar acquisitions or obtaining offers such as Instagram $1bn, Snapchat $6bn and WhatsApp $20bn. In 2016 mobile apps created over $28bn in income.
Top brands, business visionaries and entrepreneurs are most eager to exploit this new digital world. So how much does it cost to start an app company?
In this first part we'll start simple and show you the cost structure.
In the coming sections we will examine how much features cost, example pricing and how much popular apps we all use everyday would cost to build.
Watch this space.