Introduction
The economy in every sector is changing as a result of the pandemic. Sadly, some businesses stopped operating completely or drastically reduced their operations. Some individuals adapted to working remotely. The sector that underwent the most significant change was education.
Although the remote learning format has been used for some time, a sudden and forced transition has proven to be difficult.
The market for educational apps, however, found a way to benefit from these challenges. So it makes sense to think about how much it would cost to create educational apps.
Educational App
Software designed to help people with any kind of remote learning is referred to as an educational app. It encourages and supports online education, especially self-education.
Classification of Edtech Apps
The type of application you want to create must be decided upon before you begin working with a software development company to develop an educational app. Some of the most popular classifications are
Apps for test preparation
For all types of exams, including the MBA, CA, CS, and many others, this kind of application offers easily accessible study tools like quizzes and practice papers.
Learning apps for adults
There are many uses for this kind of app, including alerts for homework reminders, deadline trackers, and more.
Remote classes
Platforms for remote instruction are incredibly helpful when learning a language.
Subject learning
It is possible to find a wide variety of kid-friendly apps with math, science, English, and other subject features. Nowadays, parents want school applications with classes and subjects.
Tracking progress
The progress of students can be tracked using apps, and parents can also be informed of their grades.
gaming app
The gamified environment used for training students makes it simpler for them to learn and for them to grasp concepts.
Factors affecting the cost of developing the Edtech app
Resource cost
An important factor that affects how much it costs to develop an educational app is the cost of resources. If you have a team of mobile app developers on staff, that is fine, but if you require more staff, the cost may increase.
Type of business model
When estimating the success of your next educational app, the business model is another element to take into account. You can use a variety of business models, including the freemium model, the on-demand model, the eLearning Marketplace, and the model for specialized e-learning applications. You’ll pay different prices for these applications.
Tech stack
The two platforms that are most widely used are Android and iOS. Although some users share characteristics with these, the overall percentage is split into two parts. You must therefore budget for the cost associated with your choice of option.
UI /UX
An engaging educational app requires top-notch UX/UX elements. These parts have a certain price tag attached. The elements you decide to include will determine the app’s overall cost.
Animation
The best thing to use to engage customers is animation. It requires in-depth expertise, which an expert mobile app developer for hire possesses, as well as some particular tools.
Security
Millions of users, the majority of whom are students, use educational apps. To ensure the security of the end users, it is, therefore, necessary to implement high-security protocols, which are expensive.
Cost of an Educational App Development
The online education sector was growing slowly before the pandemic, and there were only a few users involved. However, after it, the sector experienced a boom. 5.8 million students or more are currently enrolled in online courses through websites or mobile apps.
Understanding each of these steps will help you determine what to represent the end users and calculate the cost to develop an ed tech app.
Research
Your e-learning app must be built on a solid concept if you want it to be successful because only those will be turned into in-demand educational applications. Your application’s courses should cater to a specific audience and pique their interest enough that they download the app.
Before moving on to the next step, conduct thorough research and brainstorming sessions to help you stay one step ahead of your competitors. The idea must be workable.
Design
One of the most essential things to think about is an interactive design with a simple interface.
Be sure to include all of the engaging elements and cutting-edge user experience when creating an e-learning application. The app’s design needs to be decent and pique users’ interest. It shouldn’t be packed. Large elements or graphics that take a long time to load shouldn’t be present. Stick to bite-sized components.
Development
This stage starts with the conceptual phase, which includes validation features that give the application’s concept. Allow your app to go through various stages of development and advancement during this phase. The application has undergone light testing, bug fixes, and key functionality additions.
Deployment
When the app is finished being developed, it should be released for either iOS or Android, or both, depending on your preference. Each platform has its deployment methods and procedures.
An educational app with basic features would cost between $10,000 and $40,000 to develop. If you include advanced functionality and unusual features, it might cost you more.
You can hire companies based on
- Full time
It enables one to hire mobile app developers on a contract basis, in which case a developer or team of developers will work exclusively on your project
- Part-time
This place offers part-time developer employment. In addition to their regular working hours, they will devote 4-5 hours to working for you.
- On an hourly basis
It functions similarly to hiring hourly mobile app developers to create an app. The amount paid will depend on the total number of hours worked. The cost of hiring education app developers on an hourly basis could range from $15 to $55, and everything else would depend on the project’s requirements.
Market Statistics
- Online education had a market worth of INR 91.41 Bn in 2020., according to research published by one of the market research firms, Marketresearch.com.
- By 2026, it is anticipated to have grown at a compound annual growth rate (CAGR) of about 17.60 percent, reaching a value of INR 312.13 Bn.
- The Indian edtech market is anticipated to grow from US$ 700–800 million in 2021 to US$ 30 billion by 2031.
Must-have Features in Educational Apps
Student’s Panel
- Login/Signup
With their email address, phone number, or social media account, students can sign up for the app and after doing so, log in using their password.
- Search
The strongest search option should be implemented so that users or students can look up their desired course or anything related to the course they have chosen.
- Lists of Courses
The pre-defined list of courses allows students to select the ones they want. Along with the information about the course, the course price will be shown. The category-wise organisation of the course is required.
- Payment
Multiple payment options will be available in this section, allowing users to choose the payment method that best suits them.
- User profile
This section enables users to display information about themselves, including their name, phone number, email address, preferred courses, and more.
- Push Notifications
Push notifications allow users to stay informed about their course schedule and other study-related activities, such as tests or submissions.
Teacher’s Panel
- Signup /Login
This feature makes it easier for teachers to sign up for the platform using their unique Gmail addresses, phone numbers, or social media handles.
- Students
With this function, teachers can easily monitor their students’ work. It involves overseeing the class schedule and attendance.
- Assignments
It enables teachers to upload the test, and they can monitor the progress of individual students’ submissions and the number of tests they have given to their students.
- Push Notifications
Push notifications can be used by teachers to inform their students of the update. It could be anything—a notification about the updated class time, details about the live quiz, etc.
Let’s bring your ideas to life.
Together, let’s figure out how to make an educational app that will support your goals and improve the world. We are here to help you make your dream a reality by providing one or more of the aforementioned features. Our team of knowledgeable app developers is available to help you at any stage of the procedure. Obtain a Free Consultation Right Now!
