With over 1.45 billion active users, genuine Instagram likes have quickly become the platform of choice for users. Since its beginning, the growth trajectory of this photo-sharing application has set excellent industry standards. Because Instagram is getting bigger and more popular, brands and businesses use it to share photos and market their products and services.
However, when discussing the creation of an app similar to Instagram, the expense of the entire process is the most frequently asked question. The costs involve not only maintaining the application operational but also keeping it secure and appealing to its users.
Depending on several factors, it usually costs between $40,000 and $60,000 to make an app like Instagram.
In this blog post, I will discuss the growth of Instagram and its economic strategy before answering the question of how much it costs to develop an Instagram-like app.
To have a deeper understanding, let’s now delve into the specifics of each of the aforementioned areas.
The Evolution of Instagram
- Instagram began as a photo-sharing application with a handful of features, but it has now evolved into much more.
- Despite preserving its simplicity year after year, genuine Instagram likes is continuously evolving.
- Know its market data if you want to create an Instagram-like app. Okay, let’s move forward and find out.
Instagram Market Data
A social networking app may move from unknown to widely used in the span of a few short years. The answer may be no, but these numbers serve as evidence.
- With 1 billion monthly active users, Instagram has risen to the position of fourth most popular social networking platform, according to Statista.
- According to a report, the site currently has 1.45 billion users, and this figure is expected to skyrocket in the coming years.
- According to Statista, Instagram will have 1.44 billion monthly users by 2025, accounting for 31.2 per cent of all internet users.
Due to the popularity of Instagram, many companies want to hire a mobile app development company to help them make an app like Instagram.
INSTAGRAM-STYLE APP DEVELOPMENT GUIDE
A great app idea can be turned into reality in just a few simple steps.
- Market study and competitive research
- This is where you evaluate your rivals and determine their strategies. You must discover who else is in this space to learn from them.
- You should also use your discoveries to produce something superior to or at least distinct from what is currently available on the market. You can make improvements to your app based on these results and make it superior to its current state.
Determine your target market.
With the app’s extensive feature set, it is essential to define your target audience. The functionality your app should have can be narrowed down at this point.
Instagrammers come in all shapes and sizes: some use it to promote their businesses, some to connect with their fans, and yet others to just share their life with friends and family.
However, genuine Instagram likes users can do a variety of tasks on this network. Users have the option to create, share, and view content in real-time, as well as edit, share, find and follow new people, search for geotagged locations, view global trending content, and go live.
Establishing a budget
Developing an app similar to genuine Instagram likes will cost money. Before you embark on this endeavour, you must first determine how much capital you have available to invest in it. This will make it easier for you to keep to your financial strategy and prevent you from making unnecessary purchases.
Hiring a diligent workforce
Build a minimal viable product with the help of a development team (minimum viable product). To put it simply, this is a version of the programme that lacks a few key features but still serves a useful purpose.
The MVP will help you obtain user input so that you may make adjustments and improve the application before releasing the complete version. The bare minimum list of features includes user profiles; the ability to upload and delete photographs and videos; geolocation; user comments; tagging; and third-party integration.
Once a minimum viable product (MVP) has been created, testing can commence. If there are any problems or weaknesses in the programme, you will find them at this point. You will also be able to get feedback from users, which will let you make changes ahead of time.
Using app markets as an example
Now that you’ve finished testing, you may publish your app to the App Store or Google Play. This indicates the program is ready for distribution to the public. Ensure that you comply with each store’s specific standards.
Maintenance is an ongoing process for which you must be prepared. After the app has been made public, it requires regular upkeep. This includes making the software compliant with the most recent OS releases, resolving any faults that are discovered, and adding any new features that are needed.
THE FINAL COST OF CREATING AN APPLICATION SIMILAR TO INSTAGRAM
Appinventiv, a leading app development business, may charge between $40,000 and $60,000 to create a social media app similar to Instagram.
Nevertheless, the price will include:
- The number of functions in your social media application
- Product administration
- Native application growth
- Backend development
- Quality assurance
- Development of mobile applications
As previously said, the cost of developing a photo-sharing software like Instagram will also depend on the number of development hours required, which varies by geographic region.