How Much Does It Cost To Develop Video Streaming App Like Netflix?
Netflix doesn’t need an introduction for itself. Netflix was originally found in 1997 in the US. For the next 10 years, the company was still growing as it was launched successfully in 201 in Canada. But that was not enough for the newly launched company to make its name in the world. In the year 2012 which was the crucial year for most of the digital media services which were launched in the year or nearby it. The Company officially launched its originals in the same year and they won an award for it like “Emmy Engineering Award”.
The originals of the Netflix supported more than 23 languages at the moment. By the end of the year in 2018, Netflix has a counted 138 million users. Also the user base this application was having was like 55% international. About half the subscribers for the streaming services were Netflix users in the Q3 of 2018. Netflix had the market capitalization of around $130 billion in October 2018. The Net profit in Q3 2018 was around $400 million.
“Netflix” is the future of the Television you watch these days. Television viewers as we all know are getting diversified towards these online digital mediums to which the users in today’s world are more attracted. This online medium does not limit the content but it provides the liberty to the content makers to experiment with the content which their audience likes to watch.
That is the reason why more and more people in today’s world are moving towards this online medium for watching their favorite content. These online sites and application have many categories of content available online which is easier to watch. A user can watch it anytime unlike the TV, on which they will have to wait for it to the premier.
Users can save their time just by binge-watching their favorite series or movies online on these kinds of applications and websites.
Netflix is such a platform which provides the users can surf their favorite content anytime and anywhere. It is flexible and can be used on any device the user is having with the latest UI and OS.
People look for entertainment these days, where they will find it they will move towards it. Although there is quite a large amount of people who still watch Television Programs, to make their evening good and interesting. But it is quite irritable when you have to browse for the correct channel to see your stuff. But in today’s world with modern TV Devices, people no longer need to browse for their favorite channels they can surf it with the internet, which is another best option available on the new televisions.
People also love it when they watch their favorite show or any movie without any kind of interruption in between. This is only made possible with digital medium applications like Netflix. Also, there are many other Applications like Netflix which fulfill the need of the user but somewhere they provide a little extra to make them unique which in turn is liked by the user sometimes.
Therefore Netflix comes with a total package where a user can see what he want and that too without any kind of disturbance. Just for an example “you” are a user to the Netflix and you want to watch let’s say “Game of Thrones” which is the latest web series currently on air in the world which has its own audience. Now “you” as a user will love to watch it on any device you have like a mobile phone, tab, a laptop, or Android TV. Well, this is the one-sided scenario for you to watch the series as you want in your own comfort. Now just imagine the same show is premiered on your television, you are watching it and then suddenly you got to see some unwanted ads which is quite an interruption while watching the most awaited and favorite series episode. That will be the most disgusting thing which will happen and it will keep happening until the whole episode like after every 10-12 minutes. It is irritating that either you would not watch it or you will switch to a medium where you don’t get interrupted in between.
Netflix is an online streaming service application which enables the user to stream their favorite TV shows, Web series, and Movies in the quality they want to watch it. There are like 4-5 video quality types like 480p, 540p, 720p, 1080p and more depending upon the screen size. A user can select the type of video quality they want to watch. It is quite a good feature in the application you want while you are using it.
Let’s check out the online streaming part in the application.
How does Streaming Services in the application works?
Well with the Netflix in your device uses subscription services in which a user has to select a subscription plan out of others which are available. Well according to the stats it is one of the largest video streaming services with a very huge database.
The users pay for the subscription plan for every month and get access to the online content. Netflix is an open source application which can run on many devices such as Windows, Smart TV, Phone, Android, iOS, or Mac OS.
Also, this application provides an opportunity for its users to use it for free for the first month after the registration. Then the user gets to select the plan and the automated subscription purchases are integrated into the application linked to the user's account. Like for an iOS user if the user is subscribed through the iTunes then the payment is made through iTunes.
Netflix is experimenting with its own audience. Netflix is now constantly adding up some new stuff.
- User can make or create a list of their favorite content they want to watch just by searching the existing library for it.
- According to user preferences like what genre users like to watch the Netflix Matching system offers the users the new TV shows and movies.
- A user can create Three to Five separate accounts in the application to watch it on different devices. As a single user account can be a user on 3 to 5 devices at a single time.
- It offers a lot more than what you see on the list.
Rating feature in the application is for the users which allow a user to rate the series and movies and the application then with the help of these rating sorts out the films and series you like more precisely.
Features & Benefits of having a video streaming app:
Features:
- Multiple Ways to Register
- Communicating Platforms through Comments
- Unique UI
- Multiplatform Support
- Social Media Integrated
Benefits:
- Storage Option Local or Cloud
- Live Video Share
- In-App Purchases
- Subscription Packages
- Can watch a picture in background mode also
Let’s take a look at other popular video streaming app which is giving Netflix a competition
Well according to Google there are many video streaming applications like
- Amazon Prime
- Hulu
- Twitch
- HBO Now
- YouTube Red
These are some apps which are giving Netflix an online competition.
How to make a Video Streaming App
By reading the information provided above in the blog now if you have build up your mind on creating a Mobile Video Streaming App like Netflix then it’s a must you have the right knowledge about how to make a video stream app. It’s a totally different case if you have some programming knowledge then you might create it on your own. But creating an app like this on your can take a lot of your time. It’s not a single person’s task. Also if you think that you are not having the programming knowledge required for building an app then you might want to consider and choose the best mobile app development company.
Well creating the app on your own does require some steps:
- Planning and following a strategy could help in app building.
- Preparing a business model
- Determining the Project Scope
- Build your Team wisely
- Choosing the Right Software Architecture
- Using a Required technology stack to create the service you want
- Adding MVP features to build a rough skeleton of the application
- Gathering all the requirements to build the real world app with the latest features in it.
- Signing Up for the robust Cloud Streaming Services
- Using the best Payment Integration Gateways for In-App Purchase
- Using the best Tools and Frameworks for Developing the Web App.
- Test and Deploy your app
- Monetize your app
So these are some steps which will help you in creating your video streaming application.
Talking about the Factors on which the cost of Netflix Depends
- App Features: Well the number of features you will be using your application will be up raising the cost of your application. Well to prevent from making it then you better keep only the core features in your application. The features you want to add in your app are most likely to secondary ones’ and it can be added to the application once the app is deployed.
- Application Platforms: When it comes to running platforms then there is quite a difference between creating a Netflix app for Android and the same for iOS. As it will be running on various devices and on the different type of resolution.
- Application Design: The application design should be simple and basic so that people should be able to engage with the application easily. The more complex application you will make the more it will cost you.
- Mobile Wallet: Mobile wallet is a must-have feature in the mobile application these days. If you are integrating a mobile wallet in your application or if you have integrated a mobile wallet then it makes easier for a user to make purchase and payment through the application. This Also affects the development cost of the application.
- App Developers: The Application development cost is relatively cheaper in the Indian market as compared to the US market. Creating a Video Streaming application with a cost-effective price totally depends upon the developers you are hiring whether they are from the US or India or from any other region.
Check out some development tools you can use to create an application like Netflix
- Java, Javascript, Python, Kotlin or Swift these languages can be used to Develop
- MySQL, Oracle can be used as applications database.
- Tools like Node.js can be used to integrate the database to the frontend of the application
- Storage like Amazon S3 is the best cloud storage available out there.
- You can also host your application on Amazon EC2 which provides cloud hosting
- React, Win Js can be used as JS libraries
These are some application development tools which can be used to develop the app.
Looking at the total cost of Netflix App Services and Maintenance
The total development cost of an app like Netflix or a website like it can be counted according to the number of features mounted on the application. If you go for an app like this then the cost may be different than if you go for the website.
Various companies provide fixed time such as 90 hours, 120 hours or 150 hours on the respective cost that could be around $20,000. Here are some components that come in app maintenance.
Well, the cost could be a rough idea than what you get from the final product it could vary differently.
Cost According to the app Design:
The design could be robust and attractive-to-use. The development cost of the app like Netflix may vary according to different platforms:
- Android: $30 - $60
- iOS: $40 - $50
- Database: $35 - $50
- Front-End Design: $30- $40
The cost may also vary according to the developers you hire from a different region
- USA & Canada: $100 - $200
- UK: $90 - $180
- Europe: $50 - $150
- India: $20 - $50
- Australia: $100 - $150
If you are developing an application which is based on a single platform, then for iOS the total cost will be somewhere around $5000-$30000 & for Android, it will be around $5000-$35000.
The Basic app design will cost you around $4500, an Average app design will cost you around $9000 and Complex app design will cost you around $15000.
This is it all the insight about how and with what cost you can build a streaming app like Netflix. To get more information about what you got to do is visit us. Consult and get started with your own application.