Much Does It Cost To Build A Streaming App Like Netflix

How Much Does It Cost To Build A Streaming App Like Netflix?

By: ajaygoyal
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What is the first thing that comes to your mind when we plan to chill at home with friends? Turn on your TV, open Netflix or Prime video and watch movies and TV shows with some wine and popcorn. Even after a tiring day at work, we prefer to just watch our favorite movies/shows on any given streaming services.

For our benefit, there are many apps offering the best of TV and Films at a minimal price. Netflix, Amazon Prime, Hulu, and so on are the top contenders with Netflix leading the brigade of such apps.

Netflix is at the top because you can watch it on almost all platforms and is the pioneer of stream online apps. That is why several businessmen are opting to invest in apps providing streaming services.

So, how do you create your own Netflix like app? How much does it cost to start a streaming service? Well, in this blog, we will find answers to these questions.

Streaming App Like Netflix

Some statistics about video Streaming Apps

The video streaming apps are the future, and it is evident from the success of Netflix and Prime Video. Many apps now exist in the market that stream movies and TV shows. Moreover, they stream original content, and these web series or movies are gaining more popularity. If this continues the popularity of TV might go down.

 

Why develop a Video Streaming service like Netflix?

 

Multitasking

Such streaming apps allow you to watch TV shows and movies on your smart TV. It helps you to complete other important tasks while watching your favorite show in the background.

 

Quality of video

A number of resolution options are available for users to select from. The user can select the resolution according to their device and net connection.

 

Watch Later

Apps like Netflix let the user download the movies/shows so that they can watch it later. It is a great feature as you can watch your favorite shows/films without having a net connection.

 

Video content

The content of original shows and movies developed by Netflix app and Amazon Prime are better than TV.

 

Mobility

Most people watch videos on mobile devices and video streaming services help with that. A survey done by Ericsson Mobility says that by 2020 apps like Netflix will grow even more, like by 50% or more.

 

How to start a business like Netflix?

Developing a video streaming app is a complex process and it will take some time. There are a lot of steps involved which we have discussed below briefly.

Note down the type of streaming service app you want. What will be its features and purpose should be clear too.

Research existing apps like Netflix for its startup cost and features and so on.

Research and talk to users about the kind of features they want in video streaming apps.

What all features and functionality you want in the app? Only after this, you can determine how much it cost to create Netflix like app?

Determine the UX/UI requirement of such app and find relevant designers.

 

Features of a video streaming website/app like Netflix

Here are some of the must-have features of a video streaming service:

How much does it cost to develop a streaming service as Netflix depends on its features? More advanced the features the app has; more it will cost to develop it.

The safest thing to do is to add a basic feature in the app initially. Once the app gets popular, you can introduce more advanced features.

 

The basic features an app like Netflix should have are:

 

Registration

Registration via email or social media is an important part of developing the app. You need these details to follow up and charge the user.

 

Design

The design of a video streaming website or app should be simple.  As users refrain themselves from using complex apps or websites.

 

Platform

Keeping in mind budget and safety, developing a streaming service like Netflix for one platform is good.  Developing for one OS (IOS or Android), and then making it available for other OS is a good strategy.

But if you are confident about the app’s success, and have the budget go for all platforms. It will definitely ensure more users.

 

Payment gateway

Integrating Payment gateway is crucial for easy online money transaction. For an app that runs on Apple or Google OS, there is no requirement for a payment gateway. As they have their own payment methods- Apple pay for IOS and Google Pay for Android. But for video streaming websites and other purposes you need to integrate PayPal and other payment options.

 

User Profile

Netflix lets you create more than one user profile which they customize according to your liking. You get a movie/show recommendation based on your like, and you can download the movies to watch later. It is a must have a feature which lets the user watch content without breach of privacy.

 

Push-notifications

Push notification about a new release or the new season of their favorite shows.

 

Supporting multiple languages

An app like Netflix should support multiple languages and make original content too. It will help them cover more bases and enjoy more users.

 

Search

Users should have the option to search for content according to the genre. Also, reviews and ratings for the same help them select the best content to watch.

 

Settings

Setting for users to select subtitles, audio tracks, play/pause, and control and so on should be there.

 

Additional Features

Some advanced features that you can add in the app are:

 

Social sign-in

This feature lets the user share reviews via social media.

 

Video Streaming

It will enable to user to watch live broadcasting of specific events, shows, and so on.

 

Download feature

Users should be able to download the movies and other content on their devices. This way they will be able to watch it later on without net connection.

 

Content blocking

Based on the location of the users, certain content will not be allowed. Make sure that you are aware of that and add content blocking for that location.

 

Video Quality

The video quality feature of the video streaming website/app let the user select video resolution according to their net connection. It ensures continuous video streaming and also saves data.

 

How much does it cost to start a streaming service like Netflix?

Above we learned all about the features and technologies required for building a streaming service like Netflix. But the cost of development of such an app is the biggest deciding factor for business owners. That is why it is crucial to research the money involved in it.

If you want to build an app that runs on one platform and has simple features, the cost would be $ 37,000.

For an app with moderate features, the cost will be more than $45,000.

For an app with advanced features, the cost will be above $75,000.

This is the average cost of developing an app like Netflix. The cost also depends on the country/region, the number of features and the company

 

Conclusion

The business of developing apps to watch movies and TV shows is booming. As people get busier, they look more for video streaming services like Netflix and Amazon Prime to chill. To create your own Netflix like an app you need a good app development company and thorough research.

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