In the year of 2014 a survey named “Mobile Readiness Report” was done by AnyPresence over various IT professionals. The objective of this survey was a collect raw data of application development costs and primarily the project initiation cost. More than half of the candidates shared the information that a typical mobile app development needs a time frame of 3 months and costs in the slab of $50000 to $100000. SynapseIndia founder Shamit Khemka discusses those factors that affect mobile app development costs.