Custom Video Streaming Service App development

A video streaming service app is an entertainment resource that allows users to stream content on the internet. Contrary to the typical downloading an entire media file to watch it approach, streaming service apps fetch small packets of data on a continuous basis and play them in their own video player. This means that a user doesn’t have to wait for his content to finish downloading, he can simply watch it while it is being downloaded. Due their ability to provide content anywhere at any time and due to faster and cheaper internet, these are vastly popular.  

Broadly speaking, there are two major types of video streaming service apps: Paid and free. Paid video streaming service apps often follow various revenue models like subscriptions, pay-per-view, etc. Additionally, they may or may not include ads in their content. Or they may even have a different subscription altogether in which ads are not shown. Free video streaming service apps don’t charge anything and let you stream your video content without any cost. However, their quality is usually lower than paid streaming services and most of these services have ads in them as a way to generate revenue.  

A streaming service is only as good as its app and content. For a streaming service to thrive, it needs a constant flow of high-quality content that people want to see. The type of content depends on what kind of service you’re building. If you are building an entertainment service, then you will need to purchase licenses from various studios so that you can stream their content on your app. And if you are a Live-stream service app, then you will need dedicated content creators who can provide content to you. Whichever way you choose to go, forming partnership with content creators will be essential for the success of your video streaming service app.  
Once you have taken care of content, you need to think about your app. It is essential that you hire a developer who understands your demands and is willing to respect your vision. You will need a partner who can guide your through the tumultuous waters of app development industry with their experience and knowledge.

Video streaming services follow a variety of revenue models to make money. Some of the most prominent ones are: 
a) Transactional Video on Demand (TVOD): Viewers pay a one-time fee to watch, rent or download your content.  
b) Subscription Video on Demand (SVOD): Viewers pay a recurring fee to get unlimited access to all your content, like Netflix. 
c) Ad-Supported Video on Demand (AVOD): Vendors depend on advertisers for revenue, like YouTube.  
d) Hybrid: A combination of various other revenue models custom built for a specific video streaming service. 

It is not possible to come up with the exact development cost of a video streaming service app without knowing about it in detail. App development industry is wide and full of different resources that can achieve the same goal but with different levels quality and finesse. So, the cost of development depends on striking the right balance while picking the technology-stack and other such resources for your video app. If you are looking to get a video streaming service app developed, you can contact us and our experts would be happy to provide you a quote.    

Much like the cost of developing a video streaming service app, the time it would take to develop one is not possible to predict. The development time depends on the complexity and the scale of your video streaming service app and depending on how simple or complex it is, it can go up and down. Furthermore, an app with a handful of features can be finished in a matter of months whereas an app with features like Skip Intro and choosing different video qualities can take a much longer development time. 

Our highly-trained and vastly skilled mobile app developers work tirelessly on making sure that you get nothing but the best customer experience when you work with Matellio. From ideation to final release, Matellio is there with you every step of the way. Our Agile experts make sure that your development cycle runs efficiently and that you have the complete visibility of the development process. With two decades of experience, Matellio has worked with customers across the globe and our international presence allows us to work according to your time zone. 

The best way to get more content on your video streaming service app is to partner with content creators. Depending on the type of content you want to provide, you can either go to big production houses and acquire licenses to stream their shows and movies on your app. Or you can contact subject-experts and celebrities to do videos for you. At the end of the day, it all depends on the quality of the content and it can only be maintained with strong partnerships with the creators.