In this guide, we discuss podcast making app development process, its business models, monetization model features, and the cost to develop the best podcast recording app.
Who hasn’t heard an episode of “Becoming Wise”?
The podcast by Krista Tippett gives you new insight on life and being human in a time where everyone rushes to simply exist. The episodes feature some chit-chats with leaders such as the late John Lewis and Brené Brown.
- What Is A Podcast App?
- Podcast/Audio Streaming Market Size And Statistics
- Important Factors to Consider for Podcast Making App Development
- Types Of Podcast Apps
- Monetization Opportunities in Podcast Recording App
- Features Of A Podcast Mobile App
- Top Podcast Recording Apps In The Market
- Latest Technology Integrated With Podcast Making App Development
- Steps To Create A Podcast App For Your Business
- Tech Stack For Podcast Recording App Development
- Podcast Commercial Use Cases & Benefits
- Cost of Podcast Making App Development
- Frequently Asked Questions For Podcast Recording App
We all love podcasts and, for once, have thought of sharing one with our friends and family. One issue here is how to use a podcast recording app to make podcasts and how to share them.
Creating a podcast can be a challenging task when you aren’t aware of how to do it.
Want to help your users make interesting podcasts? Well, simply enter the market with a podcast making app that simplifies things.
Not sure if entering the market with the best podcast making app development is a good idea? Well, take a deep sigh!
What Is A Podcast App?
In the simplest words, the podcast is a platform that brings various important podcasts related to science, entertainment, politics, innovation, and much more to our mobile devices so that we can enjoy them anytime and anywhere. These apps bestow a range of audio files in a series that provide different types of information and entertainment to the users. Such an application even allows users to find, save, and listen to different podcasts on their devices.
Related Post: Music Streaming App Development
Podcast/Audio Streaming Market Size And Statistics
With billions of active users around the world, the market size of podcast and audio streaming services has experienced a boom. The easy access to these types of mediums has attracted a large user base toward such platforms. Let’s have a look at important statistics related to the podcast/audio streaming market-
- According to Grandviewresearch, the global podcast market size was valued at $18.5 billion in 2022 which is estimated to shower a CAGR of 27.6% in the upcoming years till 2030.
- The very same market is predicted to achieve a valuation of $130.6 billion by the end of 2030, according to another report by Grandviewresearch.
- Talking about the overall music, radio, & podcast market, the valuation is expected to achieve a valuation of $108.4 billion by the end of 2023.
- Also, there are over 424.2 million podcast listeners around the world as reported in 2022. The user accounts for over 20% of the total internet population.
- A person spends around 7+ hours a week listening to podcasts they love.
- It is expected that by the end of 2028, the podcast industry will be a $94.88 Billion Industry.
- Around 7% of the people surveyed said that they listen to a podcast daily.
- Out of all the people who do not listen to the podcasts, around 33% of them aren’t sure how to get started.
- Around 64% of podcast listeners enjoy the podcasts while they are commuting to work or from work.
- 3 of 4 Americans consider podcasts as a learning medium.
- People love short podcasts over lengthy ones. Around 40% of people say they discontinue watching podcasts because they are too long.
- Over 26.9% of the podcast market is Apple’s Podcast. Over 700k podcasts are available on iTunes.
- The next in the line is Spotify. It accounts for 31.7% of the market share.
- The market for Google Podcasts is really small. It is just 2.9% of the market share.
- The most common way how people find out about a specific podcast is via their social media accounts.
- The marketers, too, see podcasts as an effective way to build their brand. Around 32% of them say it is an amazing way to make a presence over the internet.
These numbers clearly reflect how far we have come and how big the industry is. If you are looking forward to making a podcast app, then there are a few points to consider.
Important Factors to Consider for Podcast Making App Development
It is important as you enter the market with the best app for making podcasts, you are well aware of the details. Since the domain is extensive, we list here everything that you need to know before you start.
- Type of Podcast Application
- Monetization Schemes
These factors in general determine the cost of the development of a podcast application. Our experts share here the details all to make sure that you take to the market the best podcast making apps.
Types Of Podcast Apps
The podcast industry is really giant, and one can create various audio stories. It could be simply your thoughts your day-to-day activities, or some stories. Maybe something you are good at, some DIY or whatnot. The options are limitless. Considering the ample alternatives, we have divided the types into four basic kinds. Choose the one that suits your business objective, and we are here to help.
1. Storytelling Podcasts
Who doesn’t love stories?
A lot of people love narrating stories based on fictional or non-fictional events using audio clips. These podcasts are story podcasts and are quite engaging. The listeners enjoy these stories, and most of them love this format.
Although building expertise in story narrating podcasts is a hard nut to crack. This is majorly used by journalists and media correspondents to share any important event or information on various topics.
2. Hybrid Podcasts
These are podcasts that have various guest speakers for them. The anchor remains the same in the series, just the guests change. These are generally interviews or panel discussions shared with the listeners. Here, the host builds a plot with some background, and then the interactive session and idea exchange with the guest take place.
3. Interviews Or Panel Discussions
These are designed as the source to share information and insight of the guest into a sensitive subject. Basically here, the interviewer talks to a panel of experts about their take on a particular subject.
The listeners here get to understand and see various aspects of the same topic. This is the most dominant way to host political debates as they keep the listeners engaged throughout.
4. Repurposed Content
As podcasts are getting popular day by day, a lot of organizations use them to repurpose and market their content. These podcasts could be anything interviews with celebrities, seminars, workshops, debates, discussions, etc.
These generally share some information and are quite informative. The listeners love to be a part of these podcasts.
Choose the type of podcasting app that can help you be at the top of your game. We help you enter the market with the best podcast making app development that helps you generate great profits.
It is not just the type of application that you are talking to the market, it is also the monetization scheme that would define the profit that you would be making from the application.
There are various monetization schemes that can help you make the most of your application in no time.
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Monetization Opportunities in Podcast Recording App
Here are some of the monetization strategies that can help you be at the top of your business.
1. Offer a Freemium Version
The freemium version is the model where your users can access some features of your application for free, and for the advanced features, they may have to pay a little fee.
This is quite a successful monetization technique for podcast making app development.
2. Purchase a Premium Subscription
Another interesting way to make money from podcast making app development is to let your users subscribe to the services on a monthly, quarterly, or annual basis. Let them have access to ad-free content and enjoy the application to its full.
To make sure that this business model works for you, you need to offer something out-of-the-box to your users to make sure that you can sustain the market.
3. Free Version with Advertisements Model
This is another great way to make money from your podcast recording app. You can let your users enjoy the application for free and make money from advertising brands that target a similar audience. You can choose to charge these advertisers for photos, banners, or brand films.
These are the most dominant monetization models that you can choose to implement in your application. The on-demand mobile app development team can help you integrate any of these models into your product.
Now that you have decided on the monetization strategy, the next in line is the feature set you would like to integrate with your application. The features that your users love when they work on your application.
Features Of A Podcast Mobile App
Features in your podcast recording app app are going to be the determining factor for the performance and success of your software. There is no doubt in the statement that the features will attract a high cost in development, still it is never a good idea to compromise with the feature to save a few dollars.
|Search functionality based on category||This feature allows the users to search for a particular podcast through name, episode, frequency, genre, RSS feed, etc.|
|Discover tab||The Discover tab allows the users to search for the podcast in the “trending, featured, free available” categories.|
|Library||The library is the dashboard where the users can access their downloaded podcasts, new episodes, favorite podcasts, and playlists.|
|User profile||The user profile carries the tables like listening statistics, account details, help center links, settings, etc.|
|Offline mode||As the name suggests, the user can save the podcast and then listen to it without internet connectivity.|
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|User behavior tracking||The feature allows the tracking, collection, and analysis the user data to send personalized recommendations of podcasts.|
|Podcast library distribution||The integrated libraries help to distribute the podcasts to different platforms like Spotify, Castro, and Apple Podcasts.|
|Podcast recorder and editor||The feature helps in launching the podcast by recording and editing to enhance the quality.|
|User profile||The feature allows one to input all the personal and required information of the user along with the preference of the user.|
|Social login||This feature enables the users to log into the application using their existing Google account or social media account.|
|Multi-language support||As it can be determined by the title, this feature ensures that the user can access the podcasts available in different languages.|
Top Podcast Recording Apps In The Market
Officially the term “Podcast” was introduced in the market in 2004 when Apple added incredible features to iTunes. For the past two decades, the idea has been expanding, and in the past couple of years, the outbreak of the pandemic has skyrocketed its popularity of the idea. There are infinite content creators who are making good money with their user-generated content.
1. Spotify Podcast
Spotify is an amazing music streaming application that also lets users share their podcasts. The application lets users share their podcasts with their community for as less as $10 a month.
One can simply subscribe to Spotify Premium and enjoy ad-free listening. One can easily download the podcasts if they have a premium membership.
You can even queue the audio files and listen to them later when you have enough time.
Related Post: How to Build an App Like Spotify?
2. Google Podcast App
Users can utilize Google Podcasts to find the greatest podcasts depending on their favorite genre and what is currently popular. The software features a pleasant user interface and is simple to operate. Shows can be easily subscribed to and downloaded for offline listening.
A 30-second fast-forward, a 10-second rewind, and a sleep timer are among the additional possibilities.
3. SoundCloud App
SoundCloud is primarily an audio-streaming platform. It also has hundreds of podcasts in a variety of genres.
SoundCloud is also a social network that allows users to communicate directly with artists and other listeners. They can share their favorites and curate playlists for every occasion.
One dominant application that has a collection of podcasts for the various genres is Stitcher. There are umpteen originals on the application that can keep the users engaged for really long. This is considered the best app to create podcasts by many users for the ease of operability it offers.
An impressive feature of the application is the variety of playback options available. Users can also skip episodes, fast forward through time, and set a sleep timer.
Audible is mostly a collection of audiobooks. However, the site also has a large number of podcasts, including those that are only available on the platform. There is a lot of content in categories like technology, food, comedy, relationships, travel, and so on.
The Audible podcast app, one of the most user-friendly platforms, allows for offline listening. It also integrates seamlessly with the rest of the system.
6. Pandora Podcast
The application has a vast collection of audio libraries that has several hundreds of shows and episodes from various parts of the world. It is not just the collection but also the genre diversity that the application offers that makes it stand out from its competition.
Any Pandora Podcast App subscriber can easily access the podcasts, no matter if they have a Plus or a Premium plan. The only advantage that the premium subscribers get is they can add the podcasts they love to their audio list and listen to them when they want to.
When working on the solutions that make things easier for you, we make sure that they stand a few steps ahead of the competition. Technology and features are the two most dominating points that make things easier.
These applications have already marked their presence in the market. To make sure your application beats the competition, we affirm to introduce the latest technology with the application.
Latest Technology Integrated With Podcast Making App Development
To develop the best app to record podcasts, you cannot stick to the old technology. You need to integrate the latest technology with your application that can help you stand out from the masters in the market. Some of the dominant technologies that we integrate with your application are:
Artificial Intelligence and Machine Learning Solutions
The fact is lesser the human intervention, the more efficiency. There are a lot of things in your application that can easily be automated with the help of technology. We make sure to help you reduce human interference with the app operations and take you to new levels.
Your simple schedules, auto-tuning, and other factors can be managed by the technology while you work with the content.
Digital Wallet Solutions
The digital wallet solutions integrated with your application save time in transactions. Users can see the services they are paying for and how much they earn from their podcasts. It is quite crucial to integrate a digital wallet solution with your application that can help you lead the market in the right way.
The transaction-based solutions that we deliver to you are defined by government compliances and thus are safe and secure to integrate.
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Cloud Computing Solutions
The cloud solutions that we take to the market are defined by the experts and offer an extended database for the library. We make sure that the cloud computing solution experts integrate the technology into your product to affirm that the system can search and find any podcast, even with relevant terms.
With these technologies being integrated with your product, we make sure that the results deployed are interesting. We have been in the market for over a decade now and understand how volatile the market could be.
To make sure that you are always in a win-win situation, we deliver you solutions that are scalable and flexible.
Steps To Create A Podcast App For Your Business
Developing a podcast creator app is a big decision, and the complete development must be backed by proper planning. So, the following is a step-by-step process that you can ensure during your podcast recording app development-
- Research the market trends
You must develop an application that complies with the latest tech trends and preferences of the customers in the market. Here, you should research your potential competitors, what they provide, their business model, their consumer base, and much more.
- Define the project scope
This is the time when you plan your application. It consists of the feature that you are planning to provide in the app, technology stack, wireframe, functionalities, monetization, and much more.
- Decide the features
In this step, you talk descriptively about the features of your podcast recording app with your development partner. It helps them gain a better understanding of your idea and provide suggestions to achieve the best outcomes. Moreover, budget determination gets easier at this stage. Also, decisions like the platform of the application (Android, iOS, or any other) are taken in this stage.
- UI/UX development
The user interface of the application decides a lot about the user experience, and similarly, user experience determines the success of the platform. In this phase, you make sure that the user interface of the application is attractive, simple, and easy to understand. The new users should be able to navigate through the different features and functionalities of the application.
- Core development of the application
Being one of the most important stages of application development, this step contains writing the backend and front-end codes to impart the different features and screens into the application. At the same time, the programmers integrate the different third-party APIs, and services into the application in this step.
- Testing of the app
As the name suggests, this step is to ensure that all the features of the application are working according to their respective functionalities. It includes speed testing, performance testing, bug removal, feature testing, etc.
Once the application is passed from the quality analyst team, it is time to deploy the application on the respective app market. It includes the Apple App Store, Google Play Store, and much more.
Tech Stack For Podcast Recording App Development
Technology stack refers to the different type of technologies, programming languages, frameworks, and third-party integrations that combines to make a functioning application. A technology stack for podcast app development looks like-
|Utilities||Google Analytics, Lookback, Elasticsearch, Embedly, Listen API|
|DevOps||Amazon Web Services, Docker, Babel, Webpack, Prometheus|
|Audio||WebRTC, Twilio, MediaSoup|
|Business tools||Slack, FreshDesk, G Suite, Contentful|
Podcast Commercial Use Cases & Benefits
The podcast apps are of great benefit to businesses around the world to help them bring a spike into their graph of revenue. By owning a podcast app, one can easily deal with the business to exchange several benefits. Let’s have a look at podcast commercial use cases and benefits-
- Content repurposing and SEO
By publishing a podcast or taking part in a podcast, the company can enhance its search engine visibility. Different search engines index the podcasts that can be found by the users by using the relevant keywords.
- Audience building
With engaging podcast sessions about business operations, the firms can easily build a strong and loyal audience base. At the same time, podcasts are also a great medium to reach and communicate with the target audience.
- Generating leads
Podcasts can be a great option for lead generation by encouraging the listeners to purchase by sharing promotions, discounts, and exclusive offers. Moreover, businesses can share the values of their operations and products on podcasts to convert more customers.
- Better positioning
Podcasts are also helpful in making a business the industry leader by providing valuable insights about the industry and business. This helps significantly to differentiate a particular brand from other competitors.
Cost of Podcast Making App Development
As you decide to move to the market with a dominant podcast app, you need to be sure of the amount that is to be invested in your mobile application development. The cost to create a podcast app depends on various factors. The most dominant factors are:
- Features and Function
- Team Compositions
- Region of the Development Team
These factors help you have an estimate of your investment and move further with the application. In case you want a basic application for your project, the cost of development would be around 20K USD to 25K USD. If you further add to the complexity of the solution and add advanced features, the cost of development would extend between 30K USD and 50K USD.
Our mobile app development company offers you solutions at the most affordable rates to make sure that you are never behind the budget.
We affirm that the solutions that are dropped to you are technologically advanced and aesthetically pleasing. We have walked a long way to make sure that the products that are deployed to our clients stand ahead of the competition. If you are looking forward to entering the market with a record your own podcast app all you need to do is connect with experts and share your idea. Our team would stand by you from ideation to the marketing of your project.
We believe in the partnerships that would be for life. As the technology evolves, we can help you upgrade your services easily.
Frequently Asked Questions For Podcast Recording App