Factors affecting Cost of Fantasy Sports App like Dream11 in 2023

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Factors affecting Cost of Fantasy Sports App like Dream11 in 2023

Factors affecting Cost of Fantasy Sports App like Dream11
Cost is not the most important factor in building a Fantasy Sports App, but it is somewhere necessary like Oxygen for humans. Well, who wants to go bankrupt, just to set up a Fantasy Sports business? Dream11 is one of the most successful Fantasy Sports, and to build its look like an app, you need to hire experienced web and app development services. Predicting the cost of building Fantasy Sports is not an easy task, your estimation can go wrong; which might cost you two important assets:  Time and Money.
In the technologically advanced year 2023, the cost will be variable and dependent, as it is affected by many factors. Even the cost of Fantasy sports software depends on your sports selection. And only the expert Fantasy Sports App Developer can tell you the estimated cost of building Fantasy Platforms by analysing your requirement and market demand.
Factors affecting Cost of Fantasy Sports App like Dream11
After talking to the experts and doing some in-depth research, we came to the following conclusion regarding the cost of building Fantasy Sports software for businesses in 2023. Check out the factors that will affect the cost of development:

Factors Affecting the Cost of Development in 2023

To know the budget for launching and operating your fantasy sports app, knowing the cost of Fantasy app development is crucial. Here are the most important factors that affect the cost of app building in 2023:

01. Type of Platform

What type of platform should you need to build your mobile application? For mobile applications, you have majorly two choices – Android and iOS. Although you can go with a hybrid model, the native app is always a preference. So, whatever platform you will be choosing, find out the estimated cost first.

As per Fantasy Sports App Developer; building an app for the iOS operating system is quite affordable compared to android devices. The reason is Android is available on multiple devices and available for all types of phones, whereas iOS is limited to the Apple phone.

Before choosing the platform, find out which platform is preferred by your targetted audience and then only go for app development.

02. Technology Requirements

The next important factor that will majorly affect the cost of your fantasy sports software in 2023, will be technology. To develop a fantasy sports app, there will be numerous options of advanced technologies available for programming, database storage, content management, API integration, and so on. You have to choose one as per the market and advanced features, even experts can suggest one for you.

Here are the following technologies that might be used to build the fantasy sports app:

  • Kotlin for Android App Development
  • Swift for iOS App Development
  • Node.js for Back-end Development
  • React.js for front-end Development
  • AWS or Azure for Cloud
  • SQL or MongoDB or Cassandra for Database
  • Azure Stream Analytics for Real-time analytics
  • Google Cloud Messaging and Apple push notifications service for Notifications
  • Socket.io for Chat
  • Integrate Live Score API
  • FIFS Certification or License (for creating an ethical gaming platform)

03. The features

Features are like the backbone of the mobile application which supports the app to provide the best user experience. Features shape up the application and each feature affects the cost of app development. And to be more competitive in 2023, you have to choose multiple advanced features, the process will cost you more.  

It doesn’t affect your app if you don’t choose advanced features, but never compromise the integration of basic features in the fantasy sports app. A few of basic features are:

  • Easy onboarding
  • Contest Details
  • Payments
  • Achievement Badges
  • Live Game feeds
  • Admin Panel others
Looking skilled developer for your Fantasy Sport App? Or Exploring a ready-made solution? Let’s discuss with us on coffee.

04. Hiring a development partner

Hiring the app development services is one of the biggest factors that directly affect the cost of Fantasy Sports app building. An experienced developer will save both your time and money, along with providing you guidance to keep the project budget-friendly. Here are the factors that affect the cost of hiring a sports app development services provider:
  • The geographical location of the developer. If the outsourcing services are from India; then everything is under control and budget-friendly.
  • Experienced developers will charge more but will provide the best quality.
  • Types of software, technology, and tools the developers will be using for your app
  • The education and experience of the developers of the company

Cost Structure of Fantasy Sports Development in 2023

Along with features, the advanced technology, and the type of sports app/web development services you choose for your fantasy sports software; time will also affect the cost of a fantasy sports solution. The cost of working per hour usually lies in between $25-$40 and the working hours considered in a day are usually 8 hours. So, on the basis of these specific numbers, we can estimate the cost of development. Take a look at the break-out of the development cost basis of working hours required per process.

Development ProcessTime (in working days)Estimated Cost per Process
Research and Analysis10$2000-$3200
UI Designing & App Prototyping15$3000 – $4800
Code Development60$12000 – $19200
App Development50$10,000 – $16000
Testing20$4000 – $6400
Total155$31,000 – $49,600

Conclusion

However, if something is expanding your budget, try to find out the best alternative or eliminate it for now. Every single detail affects the total cost of Fantasy Sports app development. Do the proper research and clear your mind about the investment, the last-minute problem can spill water all over your plan of launching the app as soon as the development process is finished. Hire fantasy app developer-like expertise to manage your budget along with advanced features.

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