AI applications are an essential part of today’s time. From the healthcare industry to the eCommerce industry, artificial intelligence plays a critical role in a business’s success. Therefore, the demand for AI app development is becoming high. However, it is necessary to know AI app development cost prior to investing in such types of applications.
Having a close idea of the cost, it is easy to set a budget as per your requirements. So, while planning to invest in cushion AI app development, remember to ask how much you have to pay for the best services. The cost varies depending on what you want from a custom software development company, features, platform, and more.
Henceforth, it is difficult to determine how much it costs to build AI app. If you are worried about the price, then this blog is only for you. Here, we list the factors that may affect the cost and other information that will help you get an idea of how much you have to spend. Let’s take a look at this post.
Table of Contents
Factors Influencing the AI App Development Cost
There is no doubt that AI mobile app development cost depends on a number of factors such as complexity, features, platform choice, third-party integrations, and many more. In simple terms, the cost of an AI-powered app ranges from $30,000 to 250,000 or more, depending on the features included. Here are some factors that may affect the AI app development cost.
- Choice of Platform
The selection of platforms plays an essential role in AI app development, and this decision is intricately linked with the application’s level of complexity. No doubt that iOS and Android platforms have different features and capabilities, native app development is often recommended for AI apps by application development experts. Having unique AI integration required for every platform, the AI app development cost might vary from $20,000 to $170,000 per platform.
However, cross-platform app development can be more expensive; it guarantees wider availability for your application, reaching a larger user base. The extraordinary efforts are required to guarantee smooth artificial intelligence performance across different platforms may impact the final cost.
- App Complexity
Another aspect that may affect AI app development cost is app complexity. The complexity of the application directly affects the total development cost and includes the complexity of the features, design and features of the app. The basic and simple app, which has only a limited set of features, is usually less expensive, costing between $20,000 to $100,000.
Additionally, complicated apps with sophisticated features might result in much higher cost between $35,000 to $180,000 or more. The complexity level included in the application’s functionality and design is an essential factor in determining the resources, skills needed, and time needed for its development.
- Choice of Industry
The distinct requirements and complexity present in various industries impact the AI app development cost. The features of artificial intelligence applications are customized based on the unique challenges that every industry faces on a daily basis. The industry-based cost may differ. Here, we list a table for an idea.
| Type of Industry | Estimated Development Cost |
| Healthcare | $40,000+ |
| Manufacturing | $35,000+ |
| Insurance | $45,000+ |
| Real Estate | $60,000+ |
| Banking and Finance | $45,000+ |
| Dating | $25,000+ |
Each business has unique requirements and demands, and the estimated cost of building intelligent mobile applications is customized in order to fit the complex requirements of industries such as healthcare, manufacturing, finance, and more.
- Integration of AI & ML Features
Integrating AI and ML features in a mobile application ensures your application’s success. The technique required more development time and thorough testing to make sure flawless performance and accuracy. The integration of AI & ML feature determinants of the AI app development cost.
The development costs for apps with advanced AI capabilities might vary from $40,000 to $200,000 or even more, based on the features’ complexity. The potential of AI features within a mobile app can only be leveraged with a strategic investment in AI and ML integration, which drives up development costs while improving user experiences.
- Development Team’s Size
The development team’s size affects the AI app development cost. Without the help of a development team, it isn’t easy to transform an idea into a functional app, and their expertise can impact the overall cost. Searching for a larger development team comes with the advantage of expediting the app development procedure, resulting in instant delivery times.
The development team’s size may increase or decrease the AI app development cost. Once you search for an in-house team, you may have to pay a higher amount compared to hiring freelancers. However, the in-house development team works dedicatedly on your project and you have complete control over the team. On the other hand, freelance developers work according to their preferences and interests.
| Team Size | Description | Estimated Cost Range |
| 1-2 Developers | Small team or individual developers | $40 – $100 per hour |
| 3-5 Developers | Small to medium-sized team | $35 – $90 per hour |
| 6-10 Developers | Medium to large-sized team | $30 – $80 per hour |
| 10+ Developers | Large development team | $25 – $70 per hour |
- Third-Party Integrations
An important aspect of building a mobile app is integrating third-party APIs, especially when extra features such as social media integration are necessary. However, third-party integrations increase the application’s functionality, and they often incur additional costs. For simple API integration, you have to pay $5,000; for more complex or multiple integration, the cost may increase to $15,000 or more.
Therefore, optimizing the overall AI app development cost needs careful assessment of the app’s requirements as well as the value each third-party service provides.
- Maintenance and Updates
Maintenance and updates affect the total AI app development cost. For the application to remain effective, secure and competitive in the market, continuous maintenance and recurring upgrades are required post-launch. The regular updates are necessary for including new features and enhancements and resolving security problems.
However, app maintenance cost is generally estimated as a proportion of the original development cost, with an annual range of 15% to 30%. This budget considers the resources and labor required to maintain the app’s features, adapt to changing user requirements and keep up with technology developments. This will ensure long-term viability and satisfaction among users.
Key Advantages to Build an AI Application for Businesses
Have you decided to invest in AI app development and wonder how it benefits your business? This section is beneficial to you. Here we list out the top advantages of AI app development:
- Improved Business Efficiency
AI-powered mobile applications are known for automating repetitive and time-consuming tasks. It helps businesses to operate more efficiently, which further increases business productivity. This is why it is beneficial to build an AI app. However, you must seek the help of an AI app development company with a team of experienced and trained professionals who work closely with clients to fulfill all their requirements.
- Enhanced Customer Experience
Virtual assistants and AI chatbot applications offer round-the-clock customer support while resolving queries instantly. It will improve the overall customer experience. Therefore, it is good to build an AI app. However, seeking the help of an AI development company is necessary to complete the job. Therefore, it is good to search for professionals who will help you in every possible way.
- Data-Driven Decision Making
By building AI mobile applications, companies can get data-driven insights that support decision-making at various organizational levels. From strategic planning to day-to-day business operations, everything can run efficiently. But when it comes to building such an application, hiring professionals with good knowledge of custom AI app development is necessary. It makes sure that you find the right partner for your project.
- Cost-Saving
AI-powered applications lead to significant custom software development cost savings by reducing the requirement for manual labor and minimizing issues. The AI optimizes business procedures, manages inventory, and streamlines operations. This is why it is beneficial to build an AI-powered application. Thus, you have to build an AI application for your business.
- Fraud Detection & Security
Building AI applications makes detecting and preventing fraudulent activities easy, enhancing security and protecting businesses and customers from cyber threats. This is the great advantage of building AI applications for your business. In order to get this advantage, you have to contact a mobile app development company that has years of experience and dedication to convert an idea into reality.
Top Industries That Benefit From AI Applications
Artificial intelligence has apps across numerous sectors. The AI market is projected to soar to approximately $309.6 billion by 2026. If you are still determining the potential advantages of AI app development for your business, this section delves into how various domains are getting its benefits. Let’s take a look at the industries that the integration of AI-driven applications has significantly impacted:
- Healthcare
The healthcare industry has been a primary advantage of AI innovations, from streamlining administrative tasks to enhancing patient care. Artificial intelligence has played a pivotal role in modernizing medical practices. The eligibility to procedure vast amounts of patient data instantly allows for more informed decision-making, leading to better patient outcomes and more efficient healthcare systems.
By choosing AI, the healthcare industry helps to provide the best solutions to patients. Therefore, it is good to implement artificial intelligence in healthcare. However, doing this work on your own is not an easy task. In such a situation, it is good to contact an Android app development company.
- Finance
The finance sector is always using AI for enhanced security, better decision-making, and improved customer services. The technology has been instrumental in automating routine tasks, predicting market trends, and providing clients with personalized financial advice. This is the great advantage of AI in the financial sector. However, it is not easy to implement artificial intelligence on your own without any knowledge. Therefore, it is good to hire dedicated developers who are well-versed in transforming AI into finance.
However, it is advisable to work with an on-demand app development company as it is easily proficient in doing this type of job. Moreover, they update you about the project’s progress from time to time.
- eCommerce
The e-commerce industry is always adapting AI for its growth. The technology has been essential in understanding customer behavior, optimizing supply chains, and personalizing shopping experiences. Artificial intelligence’s predictive capabilities assist eCommerce platforms in anticipating market shifts and adapting accordingly.
It means the eCommerce industry is beneficial in adapting AI. But when it comes to implementing artificial intelligence, it is good to get detailed information on mobile app development cost that help you get an idea about how much you have to spend on your project.
- Entertainment
The entertainment industry always uses AI to understand viewer preferences better. This has led to more personalized content recommendations, ensuring viewers always have something they want to see or listen to. Furthermore, artificial intelligence has streamlined content production and distribution procedures.
If you are planning to invest in entertainment app development, then it is good to implement artificial intelligence to make the application user-friendly and engaging. In order to make the procedure more efficient and convenient, you can also hire mobile app developers who are proficient in converting an idea into reality.
- Transportation and Logistics
We all are aware that efficiency is the cornerstone of the transportation and logistics industry. Including AI, you can scale up the transportation and logistics industry at high. Once deciding to invest in a logistics and transportation app, you have to implement AI as it helps optimize routes, predict maintenance requirements, and improve overall operational efficiency.
Generally, AI technology plays an important role in the development of autonomous vehicles, which promise to revolutionize the transportation sector. As a result, it is advisable to include this technology in your transportation and logistics app. However, you have to get information about AI app development cost in advance to determine a budget you have to set for your project.
- Real Estate
Real estate is interested in leveraging AI to provide better insights into market trends, making the property buying and selling procedure more transparent. The technology also can be used to enhance virtual property tours, making property viewing more accessible and convenient for potential buyers.
It means implementing AI makes it easy to ensure the success of the real estate business. However, the task is a challenging task on your own. In such a scenario, you have to consult with a trusted and well-known company that takes less AI app development cost to complete your project.
- FinTech
FinTech is another industry that uses intelligent applications to enhance customer engagement procedures. These apps analyze users’ past and present expenses and offer them better budget-managing tips. By implementing AI in the application, you can give insights into every stock’s history, assisting everyone in deciding whether to invest.
Moreover, by including AI in the FinTech app, it is easy to assess the financial market, forecast investing trends, and provide customers with individualized financial guidance. Apart from this, chatbots are used in client interactions in order to answer questions and provide prompt assistance.
- Education
AI-based educational applications are bringing learners closer to their sources of knowledge, helping them in an adaptive learning procedure. These types of applications provide personalized recommendations based on individual learning styles, historical data, and assessments and create a tailored educational experience for every student.
As a result, many online learning applications use AI technologies in order to enhance the learning experience. The platform uses artificial intelligence to offer grading support, adaptive learning as well as tailored course recommendations. It will guarantee that students receive content that is specific to their requirements and performance. Thus, it is beneficial to choose this technology to provide a great learning experience to students.
- Restaurant
AI applications open new avenues for the food industry. With the help of AI-powered restaurant apps, it is possible to open new avenues for the food industry. It will help users locate the nearest restaurant, book a table and repeat orders, deliver data based on the user’s behavior to restaurant owners, and assist them in providing a personalized customer experience.
In simple terms, restaurants can provide the best services to their customers by implementing AI. However, knowing about AI apps is necessary before handing over your project to someone.
The Last Note
No doubt that the demand for AI in every industry is high. Whether it is the education or healthcare industry, each industry will benefit from artificial intelligence. But when it comes to building AI-powered applications, collecting information about AI app development costs is necessary. This will help you get an idea of the total budget you must set for app development.
The above information will help you determine the AI app development cost. If you want clarification, consult with a mobile app development company that will help you transform your idea into reality within your budget.
FAQs
1. How Much Money Will I Need to Build an AI Application?
The cost depends on several factors, such as application complexity, features you want to include, and complexity. If there is less complexity, you have to pay less. In case of high complexity, you have to spend more. In general, the cost may be $20-$40 hourly.
2. What Are the Advantages of AI App Development?
With the help of AI app development, it is easy to ensure enriched customer service, improved efficiency, and enhanced decision-making. Moreover, artificial intelligence applications can automate tasks that would otherwise be too complex or costly for humans to carry out manually.
3. How Long Does It Take to Develop an AI App?
A responsive and generative AI application typically takes 3 to 6 months, depending on project resources and scope.