How to Estimate the Social Media App Development Cost Budget?

As per reports, there are approximately 3.499 billion active social media users and on average, a person has 7.6 social media accounts. The daily time spent by users on social media is an average of 142 minutes a day. And, 80% of the time spent on social media sites occurs through mobile.

Knowing the social media app development cost is central to every mobile application development project. Especially when your idea is centered on an industry that is one of the most in-demand ones among the millennial group of app users – Social Media.

When we talk about the social media app economy, the picture that the industry presents in terms of categories that count as social media/networking apps is very vast. There are a number of different applications, differentiated by features, that can help you categorize them as social media applications and thus can be taken as the foundation of how to create a social media app. You can also read about what is clubhouse and how to monetize it.

Category-Wise Social Media App Development Cost Differentiation

When we talk about social media app categories there are three or four applications that have set the standards in the social media domain. Ones that usually set the basis of the cost of social media app development. 

Let us look at them individually one by one to give you a clearer idea of features that go into devising them, the technology stack that follows their development, how long does it take to make a social media app, and lastly what is the cost to start a social media app specific to these categories – a range that social media app development company generally charges.

Content Source: https://appinventiv.com/blog/how-much-social-media-app-development-costs/