Tips to Build a Video-on-Demand Streaming App

Video-on-Demand streaming app is created using the following steps: niche definition, content availability, business monetization model selection, creating a checklist of requirements, developing a minimum viable product, and collecting users' feedback.

FREMONT, CA: Video streaming is booming. As a result of video-on-demand (VOD), consumers are able to watch their favorite content anytime, anywhere, on any device. Smart devices are making it easier for viewers to binge. With a CAGR of 8.29 percent, the online video streaming market is expected to reach $135.70 billion by 2026.

Artificial intelligence (AI) and blockchain are improving media distribution systems. As a result, on-demand streaming services are delivering premium digital experiences. This only contributes to the growth of the VOD market.

Creating a video-on-demand streaming app involves the following steps:

The first step is defining the Niche: Audiences need to know what content the mobile app will stream. 

Media and News: The news channel should provide updated local and international news, events, images, and information. 

Technology in education: Students benefit from comprehensive and engaging video-based learning.

The second step is the Availability of content: It is necessary to make a decision about the content.

To get videos from the distributors, organizations must get a license and rent movies or series from authorized distributors. Organizations can also contact authorized copyright holders.

Choosing the right monetization model for the business is the third step: A monetization model can be classified into three types:

The pay-per-view model: The user pays per video watched under this pricing scheme. 

The advertisements: If the video-on-demand platform is popular enough for other companies to advertise, this pricing model is useful.

A subscription to users can gain access to the content library by subscribing for a monthly or annual fee.

The fourth step is to prepare a checklist of requirements for an on-demand video app:

Speed of the Internet: The internet speed shouldn't be less than 2Mbps to stream on-demand videos in standard definition. HD videos should be streamed at 5Mbps for 720p and 1080p, 4K Ultra HD videos should be at 25Mbps, and 3D videos with 1080p resolution should be streamed at 10Mbps.

CDNs and cloud hosting: On-demand video streaming requires cloud hosting since it is cheaper, faster, and more flexible to accommodate expanding space.

Architecture for video streaming: From the beginning, organizations should decide on the architecture for their on-demand video app based on the scaling factor. The business will then be able to avoid complex data migrations in the future.

The fifth step is to create a minimum viable product (MVP): For them to be built, functional and non-functional requirements must be clarified.

The sixth step is to gather user reviews and feedback: After the MVP is launched, companies can gather feedback. Once organizations know how the existing features are, they can ask them what other features they would like to see in the app. The MVP can be evaluated using email, pools, app analytics, and feedback forms.