Features And Cost To Develop A Video Streaming App Like Netflix

Video Streaming App

The pandemic crisis has left us no option other than locking ourselves in our house. This increased the use of Video Streaming App like Netflix, Amazon Prime, and many other apps on the list. 

Netflix is known by almost everyone as it is a giant in the domain of video streaming app. It is because of the collection of movies it provides and according to the reports, Netflix is the most popular Video Streaming App.

We have seen a drastic change in the video streaming domain until now from the development of Television to video streaming app. This could only be possible because of the advancement of technology that shifted the audience online.

During the lockdown, people preferred the video streaming app instead of a TV broadcast network.

Statistics of Video Streaming App

Statistics of Video Streaming App

Netflix is among the best video streaming app across the world. Such video streaming apps have become a necessary part of our livelihood.

  • Netflix holds 71% of the global streaming video-on-demand market.
  • According to the reports, by the end of 2021, the total worth of video streaming apps will be more than $10,691 million.
  • As per the reports, in 2018, the revenue of Netflix was $15,589 billion and by 2022 it will see a hike of 2.3% of annual growth that is $17.086 billion.
  • Netflix users spend 100 million hours a day watching the content.
  • According to Statista, 32% of TV households across the world would have a video on demand subscribers by the year 2022.
  • The average time a user spends on watching TV now is just 25 minutes a day.
  • Netflix holds 63% of the market in the USA
  • By the year 2024, the Video streaming industry is predicted to reach $73.9 Billion.

Advantages Of Netflix:

Top-notch streaming Commercial free
30-day free trial Wide range of ‘Original TV shows’
Offers high-interest movies and series Download content and watch it offline
Affordable membership plans Quality-driven content
Create favorite lists (Parental controls) Stream on multiple devices at once (premium plan)

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The Business Model For Video Streaming App Like Netflix

  • Subscription Based
  • Accessibility on multiple devices
  • No advertising
  • Native content- Netflix Originals

Features To Develop A Video Streaming App Like Netflix

A video streaming app can be built either from scratch or a video streaming app clone can be modified according to your requirement. You must consider the given below points to choose the suitable development process-

  • Requirements
  • Time Frame
  • Development Cost
  • Platform

With the help of these points, your Netflix Clone Application can be personalized and the strategies can be made keeping all your points in mind. But for this, you must hire a skilled and highly experienced mobile app development company.

The following are the main features of an on-demand video streaming app.

1. Basic Features

Customer (Website + App)

Admin (Web Panel)

Register/ Sign Up Login
Mobile Number Verification Customers Management
Profile Management Manage Shows
Recently Added Shows/Movies/Series Manage Movies
My List Manage Episodes
Films-List Manage Program Categories (Hollywood/Bollywood/Horror/Suspense etc)
Similar program Manage Trailers
Trending now Manage Genre
Series List Advanced Analytics and Reports
Notifications Manage subscriptions
Search(by title, people Genre) Manage CMS
Filter shows (Suggested shows Years /A-Z /Z-A) Manage Notifications
My Account Manage Payments
payment and billing details Management Manage Languages
Manage Language Gift Card/ Promo codes Management
Redeem gift card/ promo code Manage Settings
Update/Upgrade subscription plans Manage Filters
Subtitle appearance settings Manage Featured programs
Like/ Dislike shows Manage Downloadable shows

2. Add-On Features

Customer (Website + App)

Admin (Web Panel)

Review and Ratings Manage Review and Ratings
Chatbot Integration Manage most searched shows
Banner ad display Manage Ads
Offline shows (Downloadable) Traffic Analytics
Comment on shows

Resource Team To Build Netflix Clone Application

Resource Team To Build Netflix Clone Application

The resource team that is required to develop Netflix Clone Application will consist of:

  • Business Analyst
  • Project Manager
  • UX Designer
  • Android App Developers
  • iOS App Developers
  • Backend developer
  • Quality Analyst

Also  Read:20+ Best Free Video Editing Apps in 2023

Cost To Develop A Video Streaming App Like Netflix

The cost to develop a video streaming app like Netflix will be around $55,000 to $60,000 and the time to develop will be approx. 160-180 days. 

Also Read: Software Development Outsourcing Trends in 2023

This cost and time estimation is given according to the features that are mentioned above and you will get the clone app like Netflix. 

Last Word

Performance is the key to any successful video streaming apps and there is no shortcut to it. Although there are already many great players in this field and many people in the market have already taken this step. In addition to the issue, Netflix is the game-changer to the video-on-demand industry and has brought unlimited streaming capabilities online.

If you want any kind of help regarding web and mobile app development solutions, don’t hesitate to  drop your inquiry at [email protected] or visit www.jploft.com.

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