Skip to main content

The time is ripe to capitalize on an on-demand video streaming app solution


According to the Allied Market Analysis, the global OTT market is projected to reach $332.25 billion by 2025. There is tremendous scope that lies with the on-demand video streaming app sector as people can stream and watch their favorite content without any interruption. VOD apps offer immense benefits for the customers, making it one of the most preferable choices.





Here are some of the benefits associated with an On-demand streaming app solution 

Convenience: Unlike traditional cable TV which has a fixed schedule for operating, the on-demand video streaming app development offers customers the facility to watch videos at any time. The programs of the video streaming service apps are not restricted to the geographical location, customers can stream from a wide variety of libraries and services using VOD apps.


Cost: Customers have to pay a premium amount to watch exclusive movies and shows. With a single subscription cost, customers can watch unlimited videos using the on-demand video streaming app. On top of that, people can download the shows and watch them as per their convenience.


Mobility: People can watch their favorite shows and videos at their own comfort. They no longer need to stick in front of the TV to watch their favorite shows. The video streaming service offers people the option to watch movies and shows on any personal device of their choice.


Features of On-demand streaming apps solutions 

Secure digital payment modes: Customers can pay for the service using any of the digital modes available. Credit cards, debit cards, and mobile wallets are some of the popular ways to pay for OTT apps. 


High-definition video streaming services: The videos are streamed in high-quality through the OTT apps. Customers can adjust their video streaming services as per their convenience using the toggle option. Even when there is a low internet connection, the video streaming quality will be adjusted to match the current network bandwidth assuring customers an uninterrupted watching experience. 


User-centric environment: According to the saved playlist libraries and past video watching experience, recommendations are offered to customers. As per the subscription model, a single account supports multiple users concurrently. For example, a family can have a subscription, multiple users can watch simultaneously using the same account. All of it is synchronized, so the changes made in terms of favorite, watching history, downloads will be reflected when logging in using any of the personnel devices. 


Factor to consider while building OTT app development

As per Deloitte Insights reports, customers have over 300 video streaming services to choose from. That is a huge number, in order to stand a chance against the competitive sectors, people have to build top-notch video streaming apps.  


Hybrid models of monetization: Earlier the application was based on either of three models TVOD, SVOD, or AVOD. Subscription video on demand is where customers have to pay a one-time subscription fee to gain access to the entire library. For Transaction video-on-demand models, customers have to pay as they watch. The basic or free version of YouTube is based on Advertising video-on-demand.


Earlier most of the applications were following any of the three monetization strategies. Now the times are changing there is a need to follow a combination of models to offer a unique environment. For example, YouTube is a combination of AVOD and TVOD. 


Original content: Amazon Prime Video and Netflix have their own production house. They release original content and these movies and shows cannot be accessed from anywhere. This has added an advantage to the popularity of these apps. Being a new contender it is difficult to have a production house, so instead, VOD application development can have their most-anticipated movies and shows premier in their app. 

According to eMarketer, digital video viewers for OTT apps in the US are around 235 million. Entrepreneurs can invest in Appdupe’s on-demand video streaming app solutions and gain immense popularity within a few weeks!

Comments

Popular posts from this blog

Develop a robust Video streaming Business effectively with an app like Netflix that’s preloaded with vital features

  Gone are the days where our family members argue and have a quarrel about what to watch next. But with online movie streaming services, you are allowing your users to watch anything they want and at any time from any device. To embark your business in this sector, it is the right time for your business to reach a wider audience as many are locked up in their homes due to the pandemic. This leads users to spend most of their time on OTT platforms like Netflix, and hence, it is the right time to implement your business ideas in building a robust app like Netflix. Listing out the next-generation features of Netflix clone Easy login The Netflix clone allows users to sign in with the requested credentials such as mail id, name, etc., and also allows them to log in via their social media credentials. Subscription plan The clone app for video streaming is built to allow users to choose from a diverse range of subscription plans in order to access the app features. Genre selection This...

Develop an entertaining video sharing app using the TikTok clone app

Creators are everywhere, and they only need a platform to showcase themselves. Which is exactly what the tiktok app and dubsmash was providing to the users. The users can lip sync their favourite songs, dialogues and share with their friends and social networks. Experts say that apps like tiktok and dubsmash have helped reduce the stress of the pandemic.  Unfortunately Tik tok was banned in few south Asian countries including India, and it did cause a disappointment. This is the right opportunity for you to develop a clone app on the same. How do you launch a video sharing app like TiKTok and dubsmash   So your target audience would be those places where the tik tok is banned, prepare on launching your app in that locality and plan the app model accordingly. Reach out to an app development company with readymade TiKTok clone app script and Dubsmash clone app script by which you can get your app developed from them. Give a catchy name and logo to your app which your target aud...

Interesting facts and special features to consider during the development of App like YouTube

YouTube is a widely acclaimed video streaming and video sharing platform. It is used all over the world, irrespective of the age group. Being a user-centric platform, it offers content that is preferred by people of every cadre. In order to develop an app like YouTube , it is essential to offer all the features and provisions of the popular platform, YouTube.  Some interesting statistics about YouTube It has 2 billion logged-in monthly users. Among this, 81% percent of the people belong to the age-group of 15-25 years. According to the analytics site, Hootsuite, almost 15% of the YouTube traffic comes from the US. It is estimated at 70% of people watch content on YouTube based on the recommendation algorithm. In the US alone, YouTube will make $5.5 million through advertisements in 2020. Attractive features to incorporate in YouTube clone An app like YouTube was popular mainly because of its uniqueness and vast content it offers. These are some of the major aspects to reciprocate i...