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As per reports, there are approximately 3.499 billion active social media users and on average, a person has 7.6 social media accounts. The daily time spent by users on social media is an average of 142 minutes a day. And, 80% of the time spent on social media sites occurs through mobile.

Knowing everything for social media app development cost, from features to cost is central to every mobile application development project. Especially when your idea is centered on an industry that is one of the most in-demand ones among the millennial group of app users – Social Media.

Let us walk you through the different elements affecting the social media based mobile app development cost range. 

When we talk about the social media app economy, the picture that the industry presents in terms of categories that count as social media/networking apps is very vast. There are a number of different applications, differentiated by features, that can help you categorize them as social media applications and thus can be taken as the foundation of how to create a social media app. You can also read about what is clubhouse and how to monetize it. 

Generally, here are the different types of social media app ideas operational in the market today – 

  1. Social network apps 
  2. Media sharing applications 
  3. Discussion forum apps 
  4. Blogging platforms 
  5. Anonymous social networking
  6. Interest-centric apps like Goodreads or Last.fm, etc.

Now, even when the categories of apps that fall under social media applications are varied, there are some features that are common in all of them. Features that set the basics of social networking app development and answer how much a social media app cost. Whether it belongs to one end of the spectrum like the quora app development cost or the other end like the Tinder app development cost.

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