How To Build A Streaming Service Like Netflix, Hulu, Amazon Prime

Netflix has taken the internet and online streaming to an extraordinary level. People have now turned to online sources to keep themselves connected as well as entertained. There is a surge in applications that provide online video streaming and video conferencing. With the growing demand for applications like Netflix, Disney+, and others, now would be the appropriate time to create an app like netflix. Also in this blog we will cover all steps of how to build a streaming service like netflix like app.

Table of content

• Some Facts About Video Streaming Services
• Business Model Of Netflix
• Business Model Of Hulu
• Business Model Of Amazon Prime
• Important Things To Consider When Creating A Video Streaming App
• Must-have Features For Video Streaming Apps
• Technology Stacks Used By Streaming Services
• Total Cost Of Netflix like App Development
• Architecture Of Video Streaming App
• Want To Develop Your Own Video Streaming Platform?

Some Facts About Video Streaming Services

Video streaming services and applications like Netflix, Disney+, HULU and others allow its users to access numerous movies, TV shows, documentaries catering to various genres all in one place. Especially during the pandemic, user base of these applications has rocketed because of the constant demand for content and entertainment. Mainly speaking about Netflix, it drew people worldwide and got 16 million new sign-ups during the lockdown. Other video streaming services, YouTube-like apps have also seen a surge in its usage during the lockdown. People took to these applications to learn more and keep themselves busy.

Fig: Some facts about video streaming services

BUSINESS MODEL Of Netflix

We can help to create video streaming apps, their business model is content-oriented. It offers different plans for the distinct needs and requirements of the viewers. With screen plans ranging from one to four users, Netflix has various content types for all ages. Multi-device availability helps the audiences being hooked onto their favorite content from anywhere, any time. While Netflix’s primary business model is subscription based service, Netflix also earns from its own produced content and media rights.

Fig: Netflix business model

SWOT Of Netflix

Business Model Of Amazon Prime

Amazon is known for its disruption of well-established industries through technological innovation and mass scale. It is the world’s largest online marketplace, AI assistant provider, live-streaming platform and cloud computing platform as measured by revenue and market capitalization. Amazon is the largest Internet company by revenue in the world. It is the second largest private employer in the United States[25] and one of the world’s most valuable companies. As of 2020, Amazon has the highest global brand valuation.

SWOT Of Amazon Prime

Important Things To Consider When Creating A Video Streaming App

To create your own video streaming service requires you to consider a few points:

Fig: Important things to consider when creating a video streaming app

• Discover And Realize Your Niche

With the availability of various types of content ranging from entertainment to education to fitness, it becomes essential to create a differentiator with a specific niche. You can build a platform for documentaries or indie videos.

• Monetizing The App

Innovation and growth can be achieved by disrupting typical monetization models. Plans should always be audience-oriented. As the incumbents have already taken the market space, you can try monetizing with free subscriptions with advertisements or product placement.

Along with this, you also need to look into the multi-currency requirements too if you want to build your own streaming platform to run worldwide.

• Improve Experience

You should optimize the app’s performance for border cases like low internet speed or for people with limited access.

• Netflix Is Not Just Video streaming

Netflix’s success is not just streaming videos but the user engineering and recommendations that make the user hooked to the app. When planning to netflix like app development, and focus on data analytics and user personalization aspects.

• Managing Different Roles In The App

User view is just one user role in the Netflix app. One needs to plan for different users and their access, such as admin, video owner, partners, moderators, etc.

Must-have Features For Video Streaming Apps

How to make Netflix clone features? Video Streaming apps are meant for engagement. No surprises that the world’s top apps have a video component or are complete video apps. Here are some of the common features that we add during the streaming application development.

On average, Netflix uses 700+ microservices that control all the application’s services. The advantage of this is that Netflix’s engineers can make any required changes without changing or altering the rest of the application, which ensures that the entire mechanism does not go down.

Fig: AWS gateway service

Want To Develop Your Own Video Streaming Platform?

As a leading live video streaming app development company, we spend a considerable amount of time learning new practices and optimization methods. Using a Design Sprint led development methodology, we carefully create an application interface, designs, and user experience. We also develop and test your app in phases so that by the time your app goes live, it is stable and bug-free. This approach is what differentiates us from plenty of other mobile app development companies out there.

Learn more about our video streaming services here