Error occurred in deployment step 'Install app for SharePoint': Failed to install app for SharePoint. Please see the output window for details.

Solution:
We have already configured two essential service applications in our environment those are

1. App Management Service Application.
2. Microsoft SharePoint Foundation Subscription Settings Service Application.

To resolve the error, we need to configure one more service application. That is ..
3. Managed Metadata Service Application.
Once you deploy the app, it will show the below details in output window that App was installed at so and so location.
- See more at: http://www.sharepoint-journey.com/app-development-in-sharepoint.html#sthash.93H1TrQN.dpuf