Create Your Own Video Streaming Platform Like Netflix/Amazon Prime/YouTube



The online video streaming platforms have given a different view of the way people see the entertainment media. It all started with traditional entertainment media to digital media and then now to mobile. This phase of transition has been very steady and dynamic that was accepted by the people across the globe.

Let us see some of the recent statistics in the online video streaming platforms,


  1. At present in 2020 the revenue of the video streaming market has generated up to USD 25,894 million. 
  2. The average income per user is currently accounting for USD 22.92.
  3. Most of the income is generated from the United States of America accounting for USD 11.950 million as of 2020. 
  4. The revenue is expected to show an annual growth rate of 4.1%, as a result, the volume of the market will become USD 30.410 million by 2024.
  5. By 2024, the user penetration will hit 16.9% from 15.2%.


What are the popular video streaming apps in the market?

Video streaming app has become one of the most common ways to get entertained by watching movies, online web series, etc.  Some of the popular video streaming apps are Netflix, Amazon Prime, Youtube, etc.

Reasons for the growth of video streaming Apps:

  * Easily Accessible
  * Offers a variety of options
  * Mobile Friendly
  * Availability of various packages
  * Entertains with unique shows.
  * Watch anywhere & anytime

Some of the Main Features that a good video streaming app must have

Platform - Web and Mobile Applications
Block Screenshots
User Profile
Ratings & Reviews
Push Notification
Multi-language support
Download feature
Video Quality
Content recommendation algorithm
Subscription
Multiple Payment Gateway

Conclusion

If you got an idea of launching your own video streaming app like Netflix/amazon prime/youtube, it is possible with Startupmart’s customized video streaming app. Now it is high time to start a business with this lucrative platform. With the right technology partner, you can generate huge revenue from the video streaming sector. Now get your hands on our dynamic video streaming app like Netflix/amazon prime/Youtube right way and redefine the rules of the entertainment sector by building your media streaming platform.

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