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Feasibility Study for a Mobile Application Development Project for Businesses
Feasibility Study for a Mobile Application Development Project for Businesses
The “Mobile Application Development for Businesses” project aims to establish a tech company specialized in designing and developing smartphone applications (iOS and Android) that serve the institutional sector in Saudi Arabia, including commercial, service, industrial companies, and government entities.
The project is based on offering integrated digital solutions that support digital transformation, enhance customer experience, and contribute to improving the operational efficiency of organizations.
The project includes setting up company headquarters, establishing a technical and administrative team, and developing a flexible work system to deliver high-quality software services tailored to the needs of clients in the Saudi and Gulf markets.
Study Content
Targeted Services and Products
Targeted Services and Products
Core Services:
Development of native mobile applications for Android and iOS
Development of hybrid applications using technologies such as React Native and Flutter
High-quality UI/UX design
Integration with ERP, CRM systems, and databases
Application support, updates, and maintenance
Hosting applications on digital stores (Google Play & App Store)
Development of sector-specific apps, such as banking, healthcare, education, logistics, and retail apps
Targeted Products:
Delivery and field service applications
Booking and appointment applications
E-payment and collection applications
E-commerce applications
Internal company management applications (resource, staff, and operations management)
Market and Demand Analysis
Market and Demand Analysis
Saudi Arabia is undergoing an unprecedented digital transformation, driven by Vision 2030, which has led to a significant surge in demand for digital solutions, especially within the government and commercial sectors.
Key Indicators:
Over 97% of the population uses smartphones
73% of Saudi companies have adopted digital solutions and developed their own applications in the past three years
The software development sector is growing by over 10% annually in Gulf countries
Major expansion in the market for specialized applications in sectors such as healthcare, education, logistics, and retail
A rising number of startups require custom applications to support their operations
This project presents a strong investment opportunity due to the growing demand for customized applications, the limited number of highly competent local development firms, and the reliance of many companies on costly or unsuitable foreign solutions.
Investment Advantages
Investment Advantages
Continuously growing demand for innovative digital solutions
Recurring revenue from maintenance, updates, and technical support contracts
Potential for regional expansion targeting Gulf countries and Egypt in the future
Ease of development and adaptability to market changes
Increasing government support for tech and software projects
Moderate operating costs compared to high medium- and long-term returns
Project Features
Project Features
Relies on specialized human resources, enhancing the quality of services provided
Scalable both horizontally (additional services) and vertically (new markets)
Potential to generate recurring income from subscription and technical support contracts
Does not require inventory or physical production costs
Can operate with a flexible system combining on-site and remote work
Supports innovation and provides customized solutions that enhance the customer experience for institutions
Financial Indicators
Financial Indicators
Estimated capital: SAR 800,000 to 1.2 million
(Includes setup, hiring, marketing, and development of technical infrastructure)
Expected Return on Investment (ROI): 25% to 35% annually
Estimated payback period: 2.5 to 3.5 years
Expected average monthly income after full operation: SAR 90,000 to 150,000
Expected net profit margin: 30% to 40% after the second year
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