Introduction
Are you looking for video sharing app development? But don’t know where to start. Don’t worry we are here to help you with this confusion. In this article, we will cover all the necessary features and costs of the development of video sharing app. On average, the cost to build video sharing app MVP version can range from $50,000 and go higher depending upon various factors.
If you are new to this concept then let’s understand it briefly, video sharing apps allow video content creators to create video content and share it on the platform. These videos can be entertaining, informative, or any other. Confused should you invest in this or not then let’s look at the current stats that show the growth of the market and help you decide.
- Introduction
- The Rise of Video Sharing App Development and Demand: Market Statistics
- Must-Have Features to Include in Video Sharing App Development
- Advanced Features for Video Sharing App Development
- Cost to Build Video Sharing App
- How Can Octal Help You With Video Sharing App Development?
- Conclusion
- FAQs:
Let’s get going then.
The Rise of Video Sharing App Development and Demand: Market Statistics
Credit- Mordor Intelligence
- The online video platform market size is estimated at US $1.09 bn in 2024 and is expected to grow US$2.02 bn in 2029 with a CAGR of 13.23% (2024-2029).
- The short video app development market globally valued at USD 1.52 bn in 2022 and is expected to grow at a CAGR of 10.2%. (Source: Grand View Research)
- According to the research, in 2023, TikTok was the most downloaded video app globally. Second came Netflix, which had 183 million downloads worldwide. (Source: Statista)
Here are the statistics of some of the top video-sharing applications with downloads. Have a look.
Must-Have Features to Include in Video Sharing App Development
Now as you know the scope of the video streaming app development is high in the market with great stats you can make a decision very quickly. In this section we have mentioned top features that are needed in the Video sharing app.
App Login
The core of a video creation app is a well-thought-out login option, in contrast to applications that don’t require a rigorous register and sign-in procedure. Video-sharing applications frequently turn into a haven for hackers and other bad actors who use user information and photos for their own nefarious ends.
To further ensure a secure user experience, it is crucial to incorporate a multi-level authentication system into the application. Additionally, companies that are at the forefront of media and entertainment app development adhere to this as one of the greatest app onboarding strategies.
Edit Profile
Give users the option to alter their profiles and add personal information such name, location, and avatar. Users will find and connect with each other more easily as a result.
Create Videos
By capturing video with their camera or importing previously recorded films from their device, users should be able to create videos with ease using the app. A variety of editing tools should be included in the app to assist users in producing videos that seem professional. This will guarantee that the videos are of a high caliber while also making the process of creating them easier.
Video Upload
One of the important features of the video app development is uploading a video on the app to share to the audience and also can edit it on the platform. The platform can provide multiple options to set the video as per the requirement of the user also fulfilling the need of the platform as well.
Video Capture
The ability to record video directly within the app is an improved version of the video upload function found in apps like TikTok. You can force your users to record the video in real-time by granting the app access to the camera and microphone on the smartphone.
Video Editing
Video editing features must to be included in your video sharing app. This would allow users to customize the application’s backdrop, orientation, lighting, text, and other elements.
Effects and Filters
One of the most important elements of video-sharing apps like TikTok is now the once experimental feature. You should be aware of how adding effects and filters affects the development cost of video creation apps if you’ve read our post on FaceApp development costs. These applications are created with AI functionality, which enables users to customize their appearance by applying effects and filters.
Duets
The duet feature is one of the main determinants of the cost of developing video-sharing software. The feature, which was primarily made popular by TikTok, allows users to club other users’ video snippets with their own recordings.
They can even work together with other users to perform songs or dialogue from movies inside the app, which adds to the expense of developing a video creation software.
Shares and Likes
The like, share, and comment features are what really bring the video sharing app development process together. On its own, the functionality significantly raises the level of app engagement for both iOS and Android apps. The connectivity with other apps—such as Facebook, Instagram, WhatsApp, direct messages, etc.—helps to advance this collection of functions.
Real-time Analytics
The real-time analytics feature comes next on our list of features that affect the development cost of video sharing apps. Users can view the interaction their video has received from other users in the video-sharing applications with this function.
Push Notifications
An effective push notification strategy comes in last on our list of MVP features for creating video apps or apps that are comparable to them. It can be used to inform users about the reactions of their followers to their videos and encourage users to re-engage with the service.
Advanced Features for Video Sharing App Development
Apart from the normal features, here are some advanced video editing app development features. Let’s have a look at each one.
Social Media Login & Sign-ups
The app should make it easy to sign up and log in. Instead of the time-consuming process of entering email addresses and passwords, it could integrate the social media sign-up and login process. Users would save time and not grow impatient with logins and sign-ups as a result.
Behavior Tracking
An application for streaming videos can ascertain the type of material a user is interested in. Content must be retrieved by the app based on user searches, saved content, previously watched movies or TV series, and downloaded content. This can help with content promotion and increase viewer views.
Subscription Plans and Payment
Many on-demand video streaming apps need to offer a variety of subscription tiers and payment methods. The proprietors of the app will benefit financially from this functionality. To make onboarding simple and painless, apps should also include multiple payment methods, such as wallets, card UPI, net banking, and other choices.
Multi-Platform Support
Applications for on-demand video streaming are continuously in demand since they let consumers watch videos on any device, including smartphones, tablets, and computers. Making sure that consumers can access your application on any device at any time of day is crucial.
Cost to Build Video Sharing App
There are multiple factors that impact the cost of video-sharing app development. Here are the top factors mentioned.
App Complexity
App complexity is determined by a variety of factors, including features, animations, tech stack, and more. It makes sense that developing more complicated apps will cost more than developing simpler ones. However, you need to make sure your app offers every feature consumers would expect and want if you want to create a successful app. Remember that developing and testing complicated features will take longer, which will increase the project’s final cost.
App Platform
iOS and Android are the two primary platforms on which apps can be created. You must develop your app for both platforms if you want to reach as many users as possible. It will cost more to construct this than to develop a single platform, though. Additionally, you will need to recruit two different teams, one for each platform, if you want to develop a native app, which is an app created especially for one platform. The entire cost of developing on-demand video apps will be impacted by this as well.
Development Team
Typically, a project manager, UX/UI designer, front-end developer, back-end developer, and quality assurance engineer make up the team for a video creation and sharing app. The location, experience, and skill set of each team member will determine how much it will cost to hire them. Hiring a team in the US will undoubtedly cost more than hiring a team in Australia or India, for instance.
Design
Apps for sharing videos can bear significant development costs, of which design is a significant component. Hiring a qualified UX/UI designer is necessary if you want your app to have a unique design. Compared to using a readymade template or theme, this will cost more. It is, however, always advised to work with a designer to craft a distinctive and memorable user experience, as this is what will make your app stand out from the crowd.
Development Time
The length of time needed to construct an app will affect the project’s total cost. Therefore, you will need to use your development process very efficiently if you want to keep prices low. Ensure that everyone in the team is aware of their responsibilities and that you have a clear and succinct plan from the outset. Additionally, take advantage of agile development techniques to guarantee timely feature delivery and project tracking.
CCPA and GDPR Compliance
You have to make sure that your app conforms with GDPR and CCPA if you intend to create a video making and sharing app for consumers. The cost of developing video-sharing apps will be impacted by these two significant data privacy legislation.
App Maintenance
Your job as a business owner doesn’t finish when the app is released. To make sure that the software is still relevant and helpful to users, you will need to keep spending money on upgrades and maintenance. Of course, there will be some additional expenses involved, but it’s crucial to remember that app maintenance is an essential component of managing a profitable company.
How Can Octal Help You With Video Sharing App Development?
Octal is a leading mobile app development company that provides multiple video sharing app development services. From the past 17+ years our expert developers constantly provide the best outcome. The expert developers are well-versed in the latest technologies and market trends to fulfil the demand of technological change.
So now the question arises how to build a video sharing app. It is an easy 4 step that you can follow to start your project with us.
- Contact Our Experts
- Explain Your Requirements
- Get customized as per your requirement
- Get the App delivered
Talking about the cost of the development as per the previous experience the cost to develop a video sharing app can start from $50,000 and go higher as per the increase in the requirement. Also cost depends on the factors that we have mentioned in the previous sections. For more details of mobile app development cost you can explore it.
Conclusion
Coming towards the end we hope you understood the process of how to develop a video sharing app and what the features that included in the app. The approximate cost of development and the easy steps one can follow to make a video sharing app. If still facing issue with any other case also you can contact our experts who are available 24*7 for your help.