How to Build Online Video Streaming App Development – Features, Costs, Consideration
How to Build Online Video Streaming App Development – Features, Costs, Consideration
Should You Build Your Own Video Streaming App?
- According to the report by data and analytics firm Nielsen, there has been a rise in content streaming by around 75% in 2020, and growth is expected to continue in the upcoming years.
- The industry of online streaming is going to grow up to $70.50 billion by 2021
- As per analysts, the global video streaming market is expected to hit $842.93 by 2027
- It has been also predicted that the number of users of video streaming apps may reach 729.6 million by the year 2025
The estimates and the figures mentioned above, in the statistics, show that there is a rise in the industry and there are new opportunities available and it will be a good option to invest in making such apps. Therefore, if you are looking towards developing an online video streaming app, then dive into this blog as we will be covering all the parameters from creating a video app strategy, and selecting the right technology to vital features.
Types of Streaming Applications
Live streaming is a live video broadcast of some events that are available for watching in real-time via Internet. It is also the most efficient way to report from the scene. Streamers usually host all the broadcasts using different applications of different types. Let’s have a look at the most popular and different live-streaming apps.
Live Broadcasting Apps
Audio Streaming
Video on Demand Streaming (VOD)
TV Live Streaming App
Things To Keep in Mind While Creating a Strategy for Your Video Streaming App

Choose Your Niche
Sports Events
Most people rely on television for sports events as it is quite difficult to manage for people to go to the stadium every time. This will help them in managing time and make their life hassle-free as they can stream the match on their mobile from anywhere.
Gaming
The growth of the gaming industry has been accelerated in the past few years due to the addition of powerful graphics and the integration of state-of-the-art tech. It was estimated that by the end of the year 2025, the online gaming market will hit $19.015 billion. However, many professional gamers are looking for an opportunity to showcase their gaming skills. so, developing a live streaming app can be a great helping hand for them.
Educational Content
Fitness
Entertainment
The first and foremost niche that pops up in our heads for live streaming is Entertainment. It is predicted that the global entertainment market will hit $2.6 trillion by the end of the year 2023. Hence, it clearly indicates that the entertainment sector is a potential niche. Therefore, you can develop a live streaming video app that streams live events and shows from across the globe.
App Monetization Strategies for Streaming App

In-App Display Ads
Freemium
Adblocking
Paid Subscription
A paid subscription is the most popular monetization strategy, especially in video streaming services. There are various options available for subscribers, they can choose a weekly, monthly, or annual plan as per their choice and proceed further by making a payment to access the content.
Content License
What to Do After Launching a Video Streaming App?

Video Streaming App Features

Login and Registration Form
Option
Watch Lists
Downloads and Offline Viewing
Live Video Streaming
Video Library
Recommendation Engine
Video Quality Options
Comments & Ratings
Suitable Technology Stack for the Video Streaming Application
- HTTP Live Streaming (HLS )
- Highly scalable video processing
- Native video player for all platforms
- CDN and caching
- WebRTC for live stream
Backend Technologies
Cost Factors that Affect the Video Streaming App Development

Conclusion
FAQs of Video Streaming App Development
Author
Kush P
Kush Patel is the Chief Technical Officer and Managing Director of Echo Innovate IT – a software development company. He is responsible for the overall operations of the company and has played a major role in making Echo innovate IT the top-notch IT services provider and transforming it into a globally trusted web and app development company.