How Much Cost to Develop a Video Streaming Application like Netflix

In 2020, an online movie and video streaming application is the most used video viewing mode on the internet. The main feature of this TV show type of application is that users can watch their favourite series, including sports matches, live on their smartphones.

It is for these obvious reasons that video streaming apps have become very popular with all demographic and age groups.

Overview

In this area, Netflix is a pioneer but competition exists. There are around fifty widely used online movie and tv show streaming apps today. All companies, without exception in this category, recorded a turnover growth of almost 50% per year.

Which may also make you want to create a video streaming application like Netflix! Isn’t it?

What Determines Cost To Develop Video Streaming Application Like Netflix

The development of a video streaming application is an ambitious project which naturally requires a significant investment. So how much does it cost to develop a video streaming app like Netflix? In reality, the price will depend on many factors: the quality of the application, its UX design, the back-end and its functionality.

Streaming video applications require a large development infrastructure and fairly heavy data flow support. These characteristics will have very important consequences on the cost to develop a video streaming app like Netflix.

Obviously, the more features your application has, the more it will cost. When you make your first specifications, it is interesting to integrate only the essential functionalities. You can add more features later.

Web application environment also needs to be considered. there are fundamental differences between a process of developing a video streaming application on Android and on iOS. The cost of developing an application on an Android environment is always more expensive than on iOS. Simply because Android involves many more devices, screen sizes and configurations

Benefits of Video Streaming App

Live Video Streaming
Subscriptions
Social Media Integration
Video Sharing

Features Of Video Streaming App Like Netflix

Design

A difficult-to-use video streaming app does not encourage users to download it very much. So seamless navigation is a must.

UI/UX

For the success of your application, make sure to create an intuitive, simple or even minimalist video streaming web application.

User Profile

for adding favourites, bookmarking videos and manage app payments, updates and interests

Local Storage

Ability to download some amount of content so that users can view it during low or no connectivity

Push Notifications

to help get traffic on the channel and convert more users to customers

Social sharing

this helps improve the popularity of the app and easier for users to share content with friends and family

You Can Monetize Your Own Video Streaming App Development

How Video Streaming Applications Like Netflix Work?

Signup into the application & profile update

To access the videos from the application user needs to signup from the application. Users will have an option to check the profile into the platform.

Subscription plan selection

Video streaming platforms provide different plans for the user like monthly, quarterly and yearly subscription for the video selection.

Video streaming from the server

Users will have an option to watch any videos that are available on the server and streaming through the portal.

Local storage

Users will have an option to download the videos into the application and can watch a video without internet connectivity.

Is The Cost Of The Video Streaming App Turning You Down?

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Technology Stack

have a question?

FAQs of Video Streaming App Development

It's totally based on the server of the client where they store each video to stream online and delivered to the user's desktop and mobile device with the help of the internet and played back in real-time. Movies, TV shows, music videos, podcasts, and web series are general forms of video streaming content.

There are various best video streaming apps in the market now. But a few of the top of them are the following:

-Netflix

-Hulu

-Amazon Prime

-Disney Plus

-YouTube

Yes, Chatbots are helpful to engage the customer with your brand and it helps to drive revenue for your video streaming business. You can use chatbots in multiple options like support team, FAQs, Notifications, Subscription Change, Feedback, and much more.

If you’re developing an online video streaming app like Netflix. You must have these features to provide an excellent user experience and achieve success:

-Signup Option for create profile

-Subscription plan to choose a different range

-Payment Gateway for transactions

-Push Notifications

-Social media integrations

-AI Chatbot to improve user experience

-Review and Rating of videos

There are multiple ways to make money with online streaming videos. Such as,

-In-App Purchase

-In-App Ads

-Different Subscription plan

-Affiliate Marketing

-Sponsored ads

-Paid apps

These are the list of tech stacks that are using to build a video streaming app

-Languages - JS (JavaScript), Java, Kotlin, Swift, etc.

-Database and Cloud Services – Mongo DB, Oracle, Amazon S3, Amazon EC2, or any other.

-Libraries and Frameworks - Win.JS, Node.JS, React, or any other.

-DevOps Tools - Jenkins, Apache Mesos, Github, Sumo logic, or any other

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