How Much Does it Cost to Make an App like Netflix?
How much does it cost to build an app like Netflix or video streaming app? Netflix is going more popular nowadays because people love this app.
Generally, the cost to develop a website/App like Netflix depends on the functionalities, features you demand. Some of the key factors to be considered while creating video streaming websites like Netflix that influence the final price tag.
Core factors considered are development, hosting, device fragmentation, Design, Video player etc.
FYI Explore More about how to make a world-class app like a market leader here
Ref: How to Create Video Streaming Website Like Netflix?
Video streaming apps like Netflix are quite popular these days. But to quote an exact amount of how much will it cost to develop an app like Netflix is not possible. This is because the cost of mobile app development depends on too many factors, and no two apps can cost the same.
However, to get an insight into the cost of video streaming app development it is important for you to ow about the factors that affect this cost:
1. App Development platform(Android or iOS)
2. App Complexity
3. App Features
4. Number of hours required to develop an app
5. App development team size
6. Average hourly rate of the development team
7. App development location
Based on the factors, the cost of video-on-demand app development cost differs. For example, the more features you plan to integrate, the more time developers will take to develop your app, and more the time more the cost.
Also, if you plan to get a white-label solution developed for your business, the cost will be less as compared to getting a fully customized video streaming app developed. This is because, for the latter, developers will have to start working on the code from scratch, which will require both time and effort. To give you an estimate, the least number of hours required to develop a simple video streaming app is approx.1000-1500 hours, and hence, I will cost you around $30K – $50K. However, if you plan to get a more feature-rich app developed with complex features the cost will increase.
If you still have doubt or want a detailed article on this, you may check out our blog at https://semidotinfotech.com/blog/how-much-does-it-cost-to-develop-a-video-streaming-app-like-netflix/
The cost of video streaming apps depends upon many factors. Here we list the most important ones:
1. VIDEO SHARING OPTION
2. STREAMING LIVE VIDEO
3. MESSAGE POP-UPS
4. SOCIAL NETWORKING COORDINATION
5. MONETIZING THE APPLICATION
6. MEMBERSHIP FOR ENHANCING USER RETENTION
7. DASHBOARD: THE APP PROPRIETOR
Now the cost to develop an app like Netflix will be based on the development hours that will go into the above-mentioned factors, which in turn varies from one geographical location.
Obviously, the final costs vary from app to app.
There are many factors that impact the final price. For instance, functionality, architecture, design, country of origin, etc.
Factor 1. Features & Functionality
So obviously, some features are harder to develop than others. This is natural. In this case to estimate the costs I recommend using app costs calculator that estimate approximate costs. I prefer this one: https://calculator.fulcrum.rocks
Because you can choose exactly your desired features and find out time & costs needed.
Factor 2. App Design
This is another important factor. Fancy UI can eat a significant amount of your budget. However, you can go with a very simple design mockups & save some. From my point of view, design should always be top-notch. Take it from Apple - design is their major selling point. You should always be critical towards it.
Factor #3. Country of origin
So it really depends what country you choose. The development costs in United States & Western Europe is usually higher. However, Eastern Europe and Asia offer lower costs, often for the same level of quality.
Making the app is not the hardest part. Id say approx $5k on Android and $5-$10k on iOS. The hardest and the most expensive part is the copyrighted content you need licenses for