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With more than 1 billion downloads on the Google Play Store alone, Spotify is a leading music streaming app around the world. Be it listening to hip-hop music or looking for a shivery wave of soft music, such music streaming platforms have content that matches the preferences of a broad range of clients. GrandViewResearch has estimated the valuation of the global music streaming market at $34.53 billion which is going to increase with a CAGR of 14.4% till 2030.
Talking the Spotify, the app generated revenue of $14.34 billion in 2023 which increased by 12.9% every year. So, it is undoubtedly a great idea to create an app like Spotify. There are a range of monetization models that bring a great return on investment to the owner when managing the app well.
Whether it is creating an app like Spotify or developing an OTT app, there is a huge audience base available on different operating systems which makes it easy to retain users by providing the necessary features and content. However, it might be a complex process to develop a music streaming app by yourself when you don’t have any relevant experience. You can hire a music streaming app development company for custom solutions.
So, we are bringing to you this article where you will guided about thorough research of live streaming app development, the cost of app development, and everything that you need to know to make informed decisions.
Spotify is a music streaming app in the USA that lets users search for any song, artist, album, or genre. Users can share their favorite tracks, add them to playlists, and even collaborate on compilations with their friends.
Spotify was first released in October of 2008 in the USA. The idea behind it belongs to two friends, Daniel Ek and Martin Lorentzon, that came up with it while sitting in a nearly empty apartment in Stockholm, Sweden. Now it is accessible to all of the world’s music, anywhere and anytime. Here you can find list of top OTT app developers.
Before getting to know how to start a music streaming app, let’s see why you should do it in the first place.
Music is one of the fastest-growing and steadily developing industries in the entertainment department, with a bright future ahead. According to research, more than 14% of the population uses music streaming apps several times a day, and the market is only about to grow, with a CAGR of 17.8% from 2020 to 2027. Therefore, developing a music streaming app entails a constantly growing market. That means more revenue and a larger audience for you!
Another reason is the potential opportunities. Advanced technologies such as 5G streaming, VR, AR, AI, and others are integrated into market players’ apps. MelodyVR, for example, offers a variety of live shows that can be viewed in VR headsets to enhance the user experience. If you have a revolutionary idea, this is the place to put it into action!
Everyone can relate to music, and with the market evolving and changing at such a rapid pace, there are always niches to fill. That’s why business-minded people decide to create a music streaming app and hire app developers to help them achieve their objectives.
The app’s key features are largely determined by the target audience’s needs and desires. Knowing what they want before you build your music streaming app is extremely valuable because satisfying their needs means more audience for you. Here you can check the top features of the Indian music app Gaana.
What are the essential features of successful music streaming app? We think the following features are the most important in a music app:
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The Average Music App Development Cost is between $60,000 and $150,000 whereas the average cost of developing complex app music streaming app is $300,000. Basically, this varies on the potential features and flexibility available through audio streaming software.
Some of the other factors that contribute to cost of music app development similar to Spotify are:
Furthermore, we have highlighted the Spotify clone app development cost based on platform type for your ease!
Country | Pricing of Developing an App Like Spotify |
---|---|
USA | $100-150 per hour |
UK | $100-190 per hour |
Australia | $75-$100 per hour |
India | $25-50 per hour |
UAE | $25-75 per hour |
There’s no denying what Spotify brings to you because it has millions of songs in its unique collection. The streaming service offers many music audio mixes where there is no cost for a certain limit of their delivered services. So, if you want to join the race to make your music application both powerful and capable, here are the essential steps to take while creating an engaging app to reap the benefits!!
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Since Spotify isn’t the only on-demand streaming service, we can’t help mentioning some of its competitors. Here is a list of other popular music streaming services and their short descriptions.
App Alternatives | Founded Year | Revenue |
---|---|---|
Apple Music | 2015 | $4.1 billion |
Pandora | 2000 | $1.7 billion |
Youtube Music | 2015 | $28.84 billion |
MusicUp | 2015 | $1 billion |
Soundcloud | 2007 | $218 million |
Apple Music is yet another well-known name in the world of music streaming. Siri and connected devices can access its extensive music library. In June 2021, it launched one of its most popular services, allowing users to listen to music in a lossless format. As of June 2021, this music streaming app had nearly 78 million subscribers worldwide, up from 6 million in 2020.
While it began as popular music streaming app, right after the advent of popular music apps such as Spotify, there was a decline in its subscribers. However, it continues to climb the rank on popular music apps. It was also the first music streaming app to offer premium personalization. Pandora has over 60 million active users and over 6 million paying subscribers, equipped with AI-based recommendations.
This music app is subscription-based and incorporates Google’s massive database. It’s a fantastic streaming music service with various features that improve the overall listening experience. This app allows users to search for songs using snippets of lyrics and easily switch from audio to video with a single tap. This app provides a great listening experience for users looking for a high-quality audio experience. Whether the user prefers recorded or live performances, the Explore section allows them to discover new releases and learn about current music trends. The monthly fee for this service is $9.99.
MusicUp is one of the simplest Spotify alternatives available, and it’s extremely simple to use. It’s a web-based service that features genre-style radio “stations,” which are essentially just playlists of varying lengths. However, it has a karaoke version, so it belongs on this list regardless of your thoughts.
One of the best things is playlists, divided into different activities such as “open road,” “work out,” “chill out and relax,” and so on. You can even collaborate with other users and vote on the next song on the playlist!
On one of the web’s oldest platforms, you can find, stream, and share music for free. Soundcloud is ideal for musicians, audiophiles, and collaborators. It’s long been regarded as the best place to find new and emerging artists, and it’s also a fantastic place to record yourself and get your name out there. If you want to create a SoundCloud clone app you can read my other guide on The NineHertz Blog.
Soundcloud also has a large collection of songs to listen to. Because it is heavily reliant on its community, the home page will constantly feed you new music that the community is currently enjoying. It’s a refreshing change from the more mainstream Spotify alternatives we’ve previously recommended.
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The tech stack will be determined by the platforms/devices you’re aiming for, typically Android, iOS, and a web version. If you’re on a tight budget, you can create an app for one platform based on your target audience and then move on to another. You can also build a cross-platform app with a single codebase that runs on multiple platforms using Flutter or React Native technologies.
The following is a list of programming languages and technologies that can be used to create a music app:
Feature | Technology |
---|---|
Frontend | Java, Kotlin for Android; Swift, Objective-C for iOS |
Web app development | Bootstrap, HTML5 |
Backend and server-side | PHP, Java, Python, Laravel, ROR |
Frameworks | Hadoop, Apache Storm, Hub Framework |
Server | Nginx |
PHP is the most popular server-side scripting language. Even though the music streaming app’s server receives millions of user requests at once, many people prefer Node.js over PHP for a better user experience. Furthermore, the following features demonstrate why Node.js is the best choice for building the backend of a music streaming app such as Spotify:
The database server is used to provide audio streaming services to users. Wowza Streaming Engine is the best media server for audio and video streaming due to its compatibility with standard streaming protocols. The wowza media server can stream to multiple playback devices simultaneously, from Adobe Flash Player to Apple’s QuickTime player.
Note: The final tech stack will always be determined by your music app project’s technical needs and requirements and should be chosen after consulting with your development team.
To monetize your music streaming app, there are 5+ revenue models. Below are the types to choose the best suitable for your music streaming app.
Run unlimited advertisements in the form of images or videos in between the streaming tracks using an audio streaming server to increase your revenue based on the number of users converted through potential ads.
You can plan your subscription-based tracks and stream them to your audience on periodic occasions such as Monthly, Quarterly, or Annually to ensure recurring profits and repeated customers.
By applying a premium VOD subscription, which allows users to access certain music only through a subscription package, you can earn money for every blockbuster music track or specific content.
Get the most out of your in-stream ads by displaying utility-based content to your users and benefit from high user engagement in no time between your music playlists, podcasts, and other media.
Take advantage of special events where you can get a lot of money for your content by using coupon codes and promotional discounts. This will help you get better results with your branding strategy.
There are pitfalls in every development process. Music streaming app development is no exception. We’d like you to go over five points with us.
If you want to compete with the market leaders, this is an important factor. Customers’ music tastes are analyzed by AI algorithms, which then provide fantastic recommendations. It would be beneficial if you could incorporate it into your application.
The app’s and users’ loyalty will benefit from making the streaming process simple. It means you’ll have to use multiple servers in various parts of the world. Because users can be anywhere, it will ensure stable streaming.
Use strong storage tools capable of handling massive amounts of data. The software can hold thousands of songs, and you must purchase secure server solutions. For example, AWS or Google Cloud Storage.
It is critical to consider recruiting the first clients and engaging them in working with the application. To address the challenge, you must devise a brilliant strategy.
Spotify’s value proposition is the massive number of individual playlists generated based on previous user experience.
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A volatile hotbed for content providers and broadcasters has emerged with the rise of streaming solutions. As a result, in the face of data security and theft, many OTT platform providers implement obfuscating encryption and give piracy layers such as Multi-DRM systems, Geo-based limitations, Integrated paywall, Password Protection Unauthorized Access, and much more.
Before establishing an acoustic music streaming app, end-to-end platform development with on-demand or live streaming capabilities is required. Customized frontend and backend connectors, on-premises/cloud infrastructure, unique monetization business models, safe digital encryption, powerful content management system, etc.
In general, music streaming applications like Spotify generate most of their revenue from adverts and grow their monthly active users through premium subscriptions. When creating a music streaming app or website, these two are considered most helpful in gaining a lucrative profit share in the long term.
You can now quickly establish a music streaming website with complete customization in less than a month and effectively scale your business. Get customized features, variable monetization models, and extra benefits customized to your company’s needs.