How to build a Live Streaming App: Essential Features, Tech Stack and Monetization Strategies | by X-Byte Enterprise Solutions | Oct, 2021

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Undoubtedly, live video streaming platforms are gaining popularity and the increase in video streaming apps investments proves its success. Yes, the numbers have accelerated by 140% between 2016 and 2018.

Well, if you are planning to convert your start-up idea into a VOD app then this blog would help you understand the types of live-streaming apps, monetization strategies, and live streaming app development costs.

It interconnects social media formats as well as business by facilitating connectivity and other tasks. A lot of businesses rely on live video streaming app to conduct video calls, live meetings, screen sharing, etc

Some of the examples of live-streaming apps are Instagram Live Stores, Facebook Live, Twitch TV, etc.

Some of these audio streaming apps are Spotify, Pandora, and Apple Music.

The users can broadcast live videos and sound using this app to others who can access the stream. The apps have helped increase the count of internet influencers.

Some of the trending live broadcasting apps are YouTube Live, Periscope, and YouTube Live.

Some of the common VOD apps are YouTube TV, Amazon Prime Video, etc

Do not fall prey to the cheapest provider as it may end up affecting the quality of your app in the end. It can affect the traffic coming to your app and in turn the number of users.

Well, by now you must be well-acquainted with the steps needed to build a live streaming app. So, let us explore the basic & advanced features that play a crucial role in your app.

  • Extended streaming features
  • Extended user profile
  • Extended search features
  • Feed
  • Notifications
  • Chats
  • Subscriptions
  • Recommendations
  • Media processing platform- Wowz, DaCast
  • Streaming protocols- RTM, WebRTC
  • Hosting- Amazon EC2
  • Content delivery network- CloudFront, Cloudflare/Amazon
  • API server-Node.js
  • Messaging queues-AWS Simple Queue System
  • Database- Oracle, MySQL
  • Push notifications- Firebase Notifications
  • Platforms and devices
  • Size and type of the app
  • Platforms & devices
  • Development deadlines
  • Design basics
  • Features and functionalities
  • Target market
  • Maintenance and promotions
  • Number of developers involved in building the app and their expertise

Certainly, hiring an expert streaming app developer can make the job easy for you. They can build a live streaming MVP to help you know about how the app will perform and the scope of improvements.

If you are looking for a reliable mobile app development company to start creating MVP for your live streaming app idea, then X-Byte Enterprise Solutions can give the kickstart to your idea and further develop it into a successful live streaming app.

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