The Ed-tech industry is gaining a lot of popularity. And since the emergence of the Covid-19 pandemic, the said industry has witnessed significant growth. Currently, the market share of the said industry is 340 billion USD. And this rapidly growing industry offers great opportunities for app development.
However, creating an educational application is an intricate process. You need to carefully design the strategy and get the best mobile app development company on board to create an exceptional application that fosters learning among young people.
Here is an overview of all that you need to consider and prepare for while developing a mobile app.
Creating software that fosters learning among young individuals would offer a range of benefits. Here is a comprehensive list of the advantages of creating such software:
To make sure that users have a seamless learning experience using the software, you need to add a certain essential set of features to the application. Here a list of features that the top mobile app development company would surely include:
Creating an application calls for a considerable amount of financial investment. So prepare a pragmatic budget for app development. The cost of developing an educational app can vary widely depending on the complexity of the app, the number of features, the platform it will be developed for (e.g. iOS, Android, web), and the location and experience of the best mobile app development companies.
On average, a basic educational app can cost anywhere from $30,000 to $80,000, while a more complex app with more features and capabilities can cost upwards of $150,000 or more.
Remember that even after you have developed your application and launched it, you will be required to maintain it. So, in addition to the one-time expense, you also need to be mindful of the additional expenses that will be followed when you update the software. And thus, that will also add to the overall cost.
It is recommended that you determine the monetization strategy for your application beforehand. Here are some of the suitable monetization plans for the purpose of an educational application:
Remember the information provided in this blog while creating an app development strategy. Moreover, you must hire the most reliable and best mobile app development company to create a top-notch educational application. Through this application, you can deliver high-quality services to consumers. These services would not only benefit learners and educators around the globe, but it will also foster the growth of your educational business.
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