The document discusses the rapid growth of video streaming apps driven by smart devices and high-speed internet, projecting a market volume of $30,410m by 2024. It emphasizes must-have features for these apps, such as multilingual content, watchlists, push notifications, and user registration, to enhance user experience and engagement. Additionally, it explores the need for a user-friendly interface and the importance of cross-platform support in an increasingly competitive market.

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2. In recent years, video streaming apps have witnessed rapid growth
due to the proliferation of smart devices, high-speed internet
connectivity, and diverse digital media platforms. On-demand apps
offer users complete control over the ability to watch content without
advertisements, the option to watch content on different devices, as
well as fulfill their need to watch content anytime, anywhere.
Revenue in Video Streaming apps is expected to show an annual
growth rate (CAGR 2019-2024) of 4.6%, resulting in a market volume
of US$30,410m by 2024. In this blog post we will explain you details
about Video Streaming App Cost, Features, Technologies

3. The video streaming app development market has not only
widespread reach, but it also has shown an immense effect on the
entertainment business’s profit. With Android and iOS-based video
streaming mobile applications, users can easily access original content
as per their likes/ preferences for hours. Users have several reasons
to opt for the on-demand video app as it is based on modern
attributes and helps to overcome the traditional entertainment
industry challenges.
On-demand video streaming apps like YouTube and Netflix have
emerged as the most preferred choice of the people to entertain and
refresh their minds. According to Statista Reports 2018, subscription
video-on-demand services brought in an estimated 11.3 billion.

4. Growth of Video Streaming App Market
Revenue in the Video Streaming (SVoD) segment amounts to
US$24,248m in 2019.
Smartphones crossed 2 billion marks in 2014 and are expected to
reach 4.6 billion by 2019
As of 2019, there are 182 million OTT subscription video service
users in the U.S

5. Must-Have Features in Video Streaming
Apps
To expand your videos and business, it is essential to reach beyond
the geographical regions and areas. The multilingual content feature
helps to reach the users at the global and international level. It
allows translating the languages to the native language with
subtitles.
Multilingual Content
By integrating the search feature, it helps to identify the series easily
from the list as per the alphabetical order. This has turned as a
must-have feature in the video streaming mobile applications.
Design the search option in the form that it should be visible to
every age group.
Search

6. Must-Have Features in Video Streaming
Apps
Watchlist helps to filter the favorite content of the user from the list.
It helps to save time and keep track of the series. All popular video
streaming apps like Netflix and Amazon Prime have an inbuilt
Watchlist feature, as it makes easy for the users to access the
videos.
Watchlist
The push notification helps to connect with the users and send
reminders for the next episode of the series and new launches. It
also boosts the promotions and offers of the app.
Push Notification

7. Must-Have Features in Video Streaming
Apps
Integrate live video streaming features to the app as it has turned
into need of the hour. Live video streaming feature helps users to
watch the live shows.
Live Video Streaming
This feature benefits to increase the engagement on the platform
and improves decisions. Allow users to leave their suggestions as it
will help to get the customer’s view, along with this it also increases
the trust factor among the audience.
Review and Ratings

8. Must-Have Features in Video Streaming
Apps
In order to streamline the process, in video streamlining app there
should be a user registration process. In order to leverage features
of the app, users should officially register. Along with this to make
the registration process easier, mobile app development process
should also include registration with social media platforms. By
social media integration service registration process can be easier
and faster for the users.
User Registration and Login

9. Must-Have Features in Video Streaming
Apps
In video streaming applications, to turn the platform more engaging,
developers should integrate a real time group chat feature. It will
allow users to discuss the programs with each other and
recommend other series, which will help to get the views, spread
awareness about the programs, and increase engagement. Through
chats, you can also know the opinion of the users and improve your
content in a better way and deliver it as per user preference.
Real-time Group Chat

10. Must-Have Features in Video Streaming
Apps
Offer a comment section to the users on particular episodes to
share their views. It will help you to know in the initial stage how
your users are reacting or connected with the content. Addition of
the Comment section will help you to improve your story during the
run time and it will help you to know what users expected in the
particular episode.
Comments
Develop the video streaming app, which supports cross platforms.
To reach a wider audience, introduce your app on all platforms
including Android, iOS, and web. By targeting the widest range of
devices, you can target maximum users and increase your brand
awareness.
Multiplatform support

11. Must-Have Features in Video Streaming
Apps
Don’t miss to focus on the designing factor, as it helps an ability to
attract and connect the users with the theme. The layout should be
attractive and not so boring that users lose their interest. UI and UX
are based on interactive and engaging attributes, it will help you to
entertain users for a long term.
Designing
In the hassle of living, users may not catch up with all the live
sessions. Video app streaming should have a recording feature in
the app. So, users can record it and watch later in their free time.
Recording

12. Must-Have Features in Video Streaming
Apps
The video streaming app should be based on a user friendly
interface. Users should be able to navigate the apps easily and
without any technical skills or support. Apps should have
extraordinary functionalities and features but when it comes to user
perspective, it should be easy to use.
User Friendly
To connect with users and entertain them for a long time, it is
important to have some live sessions with them constantly. It will
help you to have discussions about programs or daily lives and
know their views and what their expectations are related to content
or app. Live sessions will help you to reduce the communication gap
between users and video streaming app management.
Live Sessions

13. Top Most Video Streaming Apps
Most popular video streaming services in the United States

14. How Much Does it cost to develop Video
Streaming Apps?
Features have a direct impact on the prices of video streaming apps.
More features in the app will lead to raising the prices. If you are
launching the app the first time, so just launch it with core features.
It will help you to observe the market in less investment. After
reaching the wider audience, you can upgrade the app with
advanced features.
App Features
There are two major types of video streaming app platforms and
they are Android and iOS. Android app development differs from
iOS and it is less expensive also.
App Platforms

15. How Much Does it cost to develop Video
Streaming Apps?
Designing elements like UI and UX are the major aspects of mobile
applications. With attractive fonts and colors, it is also essential that
users can easily access the functionality. To maintain long term
relationships, it is essential that users can easily access the
functionalities.
App Design
The cost of video streaming app differs according to the regions and
areas.
Location of Developers

16. The number of video streaming mobile applications are rapidly
growing on Android and iOS platforms. There is a high competition
of video streaming apps, and the number of downloads of the
popular apps is also growing. It is essential to attract users with
the modern and latest integrated features and technologies which
helps to stay ahead in the future market competition.
Conclusion
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