How much does it cost to develop an mobile application?

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Mobile applications have become important to accelerate business growth and improve business operations. They transform the way businesses engage and unlock new revenue streams. Businesses are leveraging mobile apps to deliver seamless experiences to users and enable them to harness their services at their comfort. Before jumping into the development of mobile apps businesses need to have an eye on mobile app development cost. The cost of developing a mobile app depends on various factors such as complexity, development location, features and functionality, etc. The cost cannot be provided precisely and roughly it may range around 50,000 to 2,50,000 depending on the size of the app. Businesses seeking to invest in mobiles should understand the cost and the associated factors to drive business success.