Hiring an Android App Development Agency to Develop a Video App
Video streaming apps are getting much popular these days. People can now access video-on-demand anytime anywhere with added convenience. Moreover, they get to choose videos and movies from different categories and artists. The global video streaming market size is expected to reach 150 billion till 2026 with a CAGR of whopping 18%. So, if you too are looking forward to launch an exceptional video streaming app for your target audience, you must read this blog with utter attention. You need to hire a trusted android app development agency and consider some crucial factors for optimum results. This blog will discuss everything in detail to offer valuable insights for you.Why a Video Streaming App?
Imagine you find a 10-minute video on YouTube on How to develop a video streaming app? What will be the chances of reading this blog and watching that video on YouTube to get the same information?
Video has become the king of modern-day content where more 70% people prefer to watch a video rather than reading or listening to something. So, if you are opting to hire an iOS app development company in UAE and launch a video streaming app, you must choose the best streaming engine to ensure for it. Integrating your app with machine learning and AI capabilities will further add to its value and make it a highly sophisticated video streaming app that people will love to use.
Must-Have Features for a Video Streaming App like Netflix
Netflix remains unconquered in video streaming industry with a net worth of 237.435 billion in 2021. The app has more than 222 million subscribers from more than 106 countries and has become the most widely used video streaming app in world.
Before you approach any mobile app development company, you must research well on your target audience and decide its features wisely. Features account much for success of any app, so, you must take good care of this crucial aspect. We have shortlisted some dazzling features from Netflix that you can consider incorporating in your video streaming app.
· Simple Registration
· Profile Creation
· Video Player
· User Engagement Features
· Live Chat
· Comments
· User Reviews
· Virtual Gifts
· Multiple Payment options
· Push Notifications
· Search Filters
Besides these, you have the choice to implement certain features that best reflect your niche in video streaming service. Make sure that you provide a comprehensive user interface along with attractive UIs.
How to Choose an Android App Development Agency?
You need to be very particular while making a decision on mobile app development company. You must consider following aspects before hiring any development agency.
Location: An Android App Development Agency charges a per hour development rate that varies among different countries. Countries like UAE, India, Egypt, and China are considered to be the best affordable and technically expert software service providers across the globe. So, hiring an iOS app development company in UAE will yield fruitful results.
You must prepare a detailed project requirement list before approaching them and discuss everything clearly with them.
Cost to Develop a Video Streaming App
The total development cost of your video streaming app will depend much on some crucial factors that we have discussed here.
Type of the App: To launch a video streaming app, you can choose among hybrid, web-based, and native apps. Hybrid and web-based apps are developed with a single codebase and are much swiftly deliverable. These apps can perform on multiple platforms like Android, iOS, Windows, and Linux. On the other hand, native apps are developed for a specific platform (Android or iOS) and are much better in terms of performance and scalability when compared to hybrid and web-based apps.
Number of Features: Another major factor that will add to the development cost of your iOS app development company in UAE is the number of features and complexities involved in incorporating them. Incorporating each feature requires investing much time, effort, and technologies. Hence, make sure that you launch a feature-rich video streaming app but decide the relevance of each feature with great astuteness.
Experience & Expertise
The experience and expertise of an Android app development agency will also affect the project’s cost. Companies often charge a rate that includes both aspects; location and expertise. You must prefer a highly experienced mobile app development company to assure desired outcomes from your app.
Use of Advanced Technologies: As mentioned above, if you choose to implement some highly-advanced technologies like AI and ML, you need to spend extra money on it. But investing in these technologies will certainly pay you back. People prefer highly sophisticated apps that act smart and offer personalized content based on their interests.
Considering all these factors, we have evaluated that a video streaming app can be easily developed within $ 50000. This is an estimate to develop a native app for single platform from scratch.
Decide Your Monetization Strategy
The main purpose to hire an iOS app development agency in UAE to develop an app is to earn revenues. You must plan your app’s monetization strategy in advance. Here are some most widely used revenue models of some famous apps that you can consider for your video streaming app development.
In-app Advertising: Integrating this revenue model in your app means that you attract several businesses to promote their brands on your ap’s interface. This is the most commonly used revenue model across the globe.
Subscription Model: You can ask your Mobile App Development Company to offer certain basic features for free to your users. Keep some advanced and customized features for a premium package that users can access after paying an amount for it.
Data Monetization: Selling your app’s data may sound little unethical to you but don’t worry, you will sell impersonated data. This has become a legal way of making money through your app’s data.
Endnote
Video streaming app development is a complex project and any Android App Development Agency would need to work diligently on it. Considering all these crucial aspects will allow you to launch an exceptional video streaming app for your target audience.
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