We can state that, without any doubts, mobile applications have totally changed the way we lead our daily lives. In the new normal age, where we cope with great challenges, these portable music streaming app have been the means of medium right from commuting, communicating, and every other need that arises in no time.
One among them, talks about streaming music apps like Spotify, Pandora, and others are capitalizing their place in our lives and have accomplished success within a few years of time, quite a while compared to other audio listening services previously. Acquiring great gross income for organizations like these, we all know that real-time music apps have done everything quicker than expected.
Although when it comes to on demand services insights, it dominated the market right from the year 2019 with a share of revenue hitting nearly 70%.
Wondering how to create a music streaming applications like SoundCloud, Spotify, Tidal or Apple Music are so well-known and spoken about? Then, let me tell you that these on demand music apps offer easy access to highly intuitive and navigational user interfaces.
Customers can listen to their favorite songs & much-enjoyed tunes by clicking ‘not too many’ buttons. They can flexibly make their own playlists and tweak it according to their inclination. All of these can be functional with desired internet accessibility & with some impressive music streaming features.
Before we can answer how much does it cost approximately to build a music streaming website we are going to share some insights on how digital music formats are shaping the global music industry.
The recent revenue which witnessed an annual growth rate in 2021 has helped to evaluate other development forecasted factors till the year 2024. Some of them are:
- Top Growth-Driven Indicators
- Business Boosting Strategies
- Latest Technology Trends
- Industry Segmentation
- SWOT Analysis
Apparently music companies/bands all around the world are looking forward to investing in curated content that is delivered through their own music streaming applications to ensure a high revenue share.
Soundcloud also stands in the row of the world’s leading music streaming website. The website earns total revenue of about $250 million and it has total online subscribers of around 100,000 which have turned to reach its net value of $1 billion.
Music Streaming Apps – The Current Rage
Thus, it is clear that music streaming isn’t going out of the scene in the near future, and when apps cater to specific genres, they have proven to be successful. The user penetration of streaming apps is said to increase an average of 2% for every passing year indicating the magnitude in which the customer base is growing for the demand.
Music streaming, at present, has thus become a medium of communication than just sticking on to conventional entertainment. The stats are clear. The streaming industry is taking over most of the fields, from education to business podcasts.
How To Build A Music Streaming App Like SoundCloud?
Having the above requisite elements in mind, VPlayed has created a readymade audio streaming platform with which anyone can create OTT platform, on-demand, live streaming podcasts or combinative functionalities as per the requirements. VPlayed believes in developing the world’s top music streaming industries like Spotify and Soundcloud with features and functionalities that help to leverage your music streaming website to the global industry. VPlayed follows a certain substantial infrastructure in leveraging your music streaming service and embeds monetizing business model to generate profitable revenue.
What Makes VPlayed Special – A Tech Insight
Creating a medium for a huge group of users and expanding your target base with attractive features lets you have the basic success cycle in any medium or online platform.. And, that is kept at the top priority in the ladder of your brand positioning at VPlayed.
To have a fair idea of how the solution has been engineered to reap maximum benefits, let’s take a brief look at its technical stack quickly
Storage is a cardinal factor that determines the performance potential of a music streaming platform. Cloud storage such as the Amazon S3 bucket equips these native apps and websites with the capacity to store and transcode an unlimited amount of data.
The video/audio streaming security provided in this cloud ensures that your data remains protected from any kind of theft by incorporating encryption models. The adaptive scaling and comprehensive streaming have added the icing on the cake.
2. Content Delivery Network
Content delivery network is essential to build online streaming platforms as they greatly reduce the usage of bandwidth by data files and cut down transmission costs while increasing the global presence. VPlayed employs Akamai CDN to engine their solution, as the CDN has a proven history of low latency, high scalability, security, and reachability.
3. HLS Player
In general HLS player is used as a web communication protocol, which is set as the online standard for delivering web-based content. VPlayed makes it easier using the streaming protocol by compressing audio files and distributed in chunks sent. HTML5 player is adept to carry quality pictures, sound quality, the ability to be adapted through extensions, this making it compatible & latent-free across all devices worldwide. The solution also gives the client their choice of freedom, in which they can suggest any other player to be integrated.
4. On Cloud/ At Premises
VPlayed provides you with streaming flexibility at the maximum. You can readily integrate your customized music streaming platform either on cloud or at premise & have any kind of supportive deployments.
5. Platform Infrastructure
With white label audio call solution, you can customize the software’s aesthetic appeal and own up the functionality of your defined services under your brand logo, theme, for a one-of-a-kind live streaming service.
6. Inter-Connect With Other Platforms
In the age of connectivity, any platform that doesn’t integrate with its users through social media is bound to meet its doom sooner than later.
Social media creates a rich marketing ecosystem that has proven to be highly influential, owing to the valuable data you can receive through these platforms and know their interests in a better manner.
It is evident that the above elements form the crux of the music streaming model. When these boxes are ticked with the right devices, there is near to no chance that a streaming solution wouldn’t be a successful model.
7. Memory Cache
A memory cache, being self-explanatory, is a system where the memory is stored in local servers and devices in the form of cache.
VPlayed has a highly responsive distributed memory object caching system that captures and stores data in a temporary location and transmits it promptly when requested. This increases the response rate and frees the requests of the database.
What Are The Benefits of Creating A Music Streaming App?
1. Online Visibility
Musicians need to have an online presence to tap more audiences in order to be successful. They need to know how to create a branded music streaming website and use tools that will help them get noticed, & found easily in the world wide web.
2. Premium Charge
Artists and music record companies are charging more for the content. Henceforth, while creating your own OTT streaming app/platform you can flexibly raise or reduce subscription fees to compensate for the lost revenue, resulting in increased profits.
3. Scale up Passionately
Another reason stands by our side is that, by 2023 the global music streaming market is expected to exceed $10 Billion. This has in turn helped independent performers to pursue their career in music without worrying about getting a wide fan base to sky high.
4. Originality at its best
Streaming providers have begun to invest in original content as a result of top music streaming services like Spotify and YouTube. The new music independent artists can freely conceptualise, produce, distribute & monetize content without having any second thoughts.
5. Interact when Live
As connecting with your target audience at once when you need is highly in fashion, live streaming can be useful largely to artists while developing music streaming website and creating a personal rapport with them, to have an authentic version of their music.
What Are The Must-Have Features For Developing A Music Streaming App?
Given a detailed account of the technical stacks that have been cultured in VPlayed to make it a successful strategy, it is evident that the features embedded in this solution are going to be nothing less of marvel. Below are the awe-striking features VPlayed has adorned itself with.
1. Audience Captive UX/UI
The history of the tech world has witnessed the downfall of great tech innovations only to become a hit in a couple years later by another company, but with a better UI/UX value. It was Betamax before VHS, Archie before Google. Though the latter went on to become the norm, these products were a revamped version of the previous ones. Thus, VPlayed understands the essence of an admirable UI/UX and sees to that there is no compromise to the user’s vision.
Whatever sort of music listeners pay attention to on a circle; where they will get ideas pertinent to their genre & tastes. Streaming platforms can interface with their users in the most ideal manner by recommending new suggestions.
Users are assisted with sound and application settings to make the app more responsive. They can change the settings according to their requirements and inclinations. Be it programmed download or synchronized with various gadgets.
4. Lyrics Display
Grab your user interests with an extraordinary and astonishing experience, by adding verses of songs and include them in your on-request music application. During the playback, as it is AI-featured it will continue to showcase it to keep the clients engaged with your music app.
5. Public & Private Playlist
It helps your platform users to create types of playlists within the music app. They can be created and differentiated with the other by adding accessibility only by the user or with others who have the authority of access control.
6. Music Suggestions
It is an extraordinary element added by music streaming application developers to suggest the most reasonable tunes relying upon the greatest user preferences. It is very well done through niche AI advanced techies to offer an excastic user experience.
The ability to create personalized playlists is crucial for an affluent music app. Paid playlists, genre-based playlists, algorithmic playlists, branded playlists, VPlayed can withhold any structure with no fuss.
8. Search & Discover
Algorithm is the key line to better user engagement. Searching for your favorite music with bare minimum detail goes great runs.
9. Share & Stay Social
Social connectivity provides not only a window to understanding your users better, but also expands the possibilities of word-to-mouth marketing on a larger VOD platform.
10. Push Notification
VPlayed concentrates both on longer user engagement and engagement retention. Push notification captures the attention of app users even when they are not on the app.
11. Offline Music
Offline downloads can be both done for free, or monetized based on the website owner’s inclination.
12. Invite Friends
The option to invite peer groups and form communities has proven to increase engagement on VPlayed’s previous projects.
13. Music Player
The built-in powerful bass, customization to set the tone of audio streaming specific playlists, and ability to stream on all devices are enabled by the video player.
14. Event’s Calendar
This feature will work with customers to actually look at the date of the upcoming live audio show or scheduled podcasts of their cherished arranger or artists.
15. In-App Chat
What can be better than an interactive music streaming session? Give the most of engagement to your users by empowering them to chat with other audiences to experience engagement with better collaboration while listening to music.
How Do Music Streaming Apps Make Money?
VPlayed has always put themselves in the shoes of the app builders to design the necessities of the solution. This includes the elaborate monetize that aims to offer a music streaming solution that stimulates monetization returns for its users.
1. In-App Advertisement
Built with an eye for app development, in-app ads and purchases have gone to become the starrer of the music streaming monetization platform model than the paid app framework. Customize in-app ads to your creative convenience with VPlayed.
2. Premium Subscription Model
The premium VOD subscription model is the next major yield-producing monetization model. What you choose to entertain your premium account holders with, and how do you entice your other customers to subscribe to your premium content is entirely at your will as VPlayed is customizable from any front.
3. Buying Music
Buying music to get stored at their local memory, or within your app has demonstrated high profits when it comes to music streaming.
4. Promotions & Coupons
Apps like Spotify are producing colossal income as they include a special help alluded to as Spotify Ad Studio for all audio content artists. They can without much of a stretch promote their melodies and collections through various seasonal offers & coupons. Spotify charges a cost for building the strategy. But, you can fix & own the price for it all at your own music streaming platform from VPlayed. These costs rely on your objective reach.
How Much Does It Cost To Develop A Music Streaming App?
At present you can find plenty of opportunities to target a wide base of consumers that includes diverse demographics right from stereotypes to millennials. The secret behind its high popularity is subscription value is kept with a minimal charge at the start as far as music streaming apps are concerned. These are available on branded service providers such as Google Play or Apple Store. Other features are listed below:
1. Storage & Hosting
Storage and VOD hosting decide the entire skeleton of the magnitude of the app you intend to build.
2. Set Of Features Implemented
It is self-explanatory that the more vibrant features added, the higher the cost of building it is going to be.
3. Technologies & Backend
What may seem to be the same result from using primitive technology from a superlative front, will affect the usability of the app. Using high-end technology stack to create an audio streaming platform is worth every last penny as it directly reflects on the response time, loading time, and user-friendliness.
4. Custom Animation, Design, & UI/UX Elements
Custom animation, design, and UI UX elements are the face value of the app. It is as important as the technologies used to run the app.
5. Developer Rate By Hour
There are many options by which you can outsource the work to build your app. Hiring a well-versed team of developers and cash out a readily available solution have depicted high value.
Owning a music streaming app is a parallel ride that is both amusing and jitter-inducing. Features above would influence the cost of building your music streaming app for Android and iOS to fixate on your budget. VPlayed looks after all the factors to bestow its customers with the best end products. Our 40+ successfully running global projects stand testimony for it.
If You Already Have An Idea To Build a Music Streaming App Or Website, Schedule a Free Demo And We’ll Get You On The Road To Music Streaming Success