“Apple TV app: where cutting-edge technology meets captivating content.”
– Oprah Winfrey
Quick Summary: Are you looking to develop an app like Apple TV? Do you want to know the cost to develop an app like Apple TV? If yes, then you are at the correct place. This blog will help you get an insight on steps to build a video stream app, its key features, costs, and other aspects.
Apple TV reigns supreme in the home entertainment arena, but replicating its success takes more than just popcorn and a projector. If you’re dreaming of launching your own video-on-demand app, the first question that inevitably pops up is: how much does it cost to develop an app like Apple TV?
With a projected CAGR of 18.45% from 2022 to 2030, the worldwide video streaming market, which was valued at $375 billion in 2021, is predicted to reach over $1,721 billion by that time. By looking at these figures, it is crystal clear that the demand for video stream app development will be two-fold in the future.
In this blog, we will discuss the cost to develop an app like Apple TV, factors, features and other aspects for your reference.
So, let’s begin.
What is an Apple TV?
Apple TV is a digital media player and streaming device developed by Apple Inc. It allows users to access a wide range of streaming services, apps, and digital content on their television screens.
With a user-friendly interface, it enables seamless navigation and playback of movies, TV shows, and music. Supporting 4K resolution and HDR, Apple TV delivers high-quality visuals. Additionally, it integrates with the Apple ecosystem, offering features like AirPlay for easy content sharing from other Apple devices.
Its compact design and Siri voice control enhance the overall entertainment experience, making it a popular choice for those seeking a versatile streaming solution. So, if you are looking to develop an app like Apple TV, then you need to hire a mobile app development company.
Market Stats of Video Streaming Industry
- By the end of 2022, there will be close to 39 million subscribers to Apple’s video streaming service. Based on projections, Apple TV may add 9 million more subscribers by 2026.
- By 2024, the global video streaming industry is expected to generate US$108.50 billion in sales.
- With a compound yearly growth rate of 7.81%, the market is predicted to reach a value of $146.60 billion by 2028.
- When compared globally, the Video Streaming market in the United States is expected to yield the greatest revenue in 2024, with an estimated US$43,970.00 million.
- In the Video Streaming industry, ARPU is expected to reach $76.58 in 2024.
- It is anticipated that there will be 1.7 billion consumers in the video streaming market by 2028.
These stats show that the demand for video stream app development is going to be increased. So, it is best to develop an app like apple tv by taking assistance from the top video streaming app development companies who provide top-notch services.
Cost To Develop An App Like Apple TV
The cost to develop an app like Apple TV may range between $8,000-$25,000. However, it is vital to know that cost is not always the same. It keeps on changing with the time and technology.
Also, some of the factors like project complexity, features & functionality, UI/UX design etc also influence the mobile app development cost. Below showcases the cost to develop an app like Apple TV on the basis of app complexity:
|
Complexity |
Cost Estimation |
|
Simple app |
$8000-$14000 |
| Medium app |
$15000-$20000 |
|
Highly-advanced app |
$25000 |
However, we have noted down the formula to measure the video streaming app development cost. Let’s have a look:
Total development cost = Developer’s hourly rate * Total development time
Now that you know the cost to develop an app like Apple TV, it is time to get in touch with a music streaming app development services provider to get your app built and launched on time.
Factors Affecting the Cost To Build An App Like Apple TV
Now that you know the cost to develop an app like Apple TV, it is time to discuss the essential factors that affect the cost. So, here are some of the vital features that must be looked out for.
1. App Complexity
One of the main factors influencing the Apple TV video streaming app development costs is the overall complexity of the app. For example, you will pay more for a feature-rich, extremely complicated content streaming platform for an app like Apple TV that offers only a few basic functions for streaming videos. It will increase the cost to build a video streaming app like apple tv.
2. Features & Functionality
When estimating the cost to develop a video streaming app like Apple TV, the feature list is essential. In general, an app’s total cost increases with the number of features it has. A clear feature set that differentiates the app from rivals is essential for market success. The feature set of the app should be able to improve both the user experience and the operation of the app.
3. UI/UX Design
A clear UI/UX approach is essential to building a strong mobile app and will guarantee its success. For the video streaming platform to increase user engagement and retention, a smooth UI/UX design is essential. Multiple testing techniques are required to fulfill unique criteria in order to achieve this. It’s crucial to remember that these processes may increase the cost to develop a mobile app like Apple TV.
Also Read: How To Develop An App Like Bigo Live
4. Platform Type
A clear UI/UX approach is essential to invest in video streaming app development and will guarantee its success. For the video streaming platform to increase user engagement and retention, a smooth UI/UX design is essential. Multiple testing techniques are required to fulfill unique criteria in order to achieve this. It is vital to know that the platform type can affect the cost to develop an app like Apple TV. .
5. Developer’s Location
Last but not the least, the location of developer’s can also influence the cost to develop an app like Apple TV. For example, if you hire developers from USA or European countries, then their hourly rates are $40-$50. So, it is vital to hire mobile app developers from Asian countries like India where the developers hourly rates are $15-$25 which is very low.
Best Video Streaming Apps Like Apple TV
Apple TV is one of the best video streaming apps for iPhone users. It has over 10 million downloads on the Play Store. It has over 39 million active users. Isn’t it fascinating? Well, if you want to develop an app like Apple TV, then you need to know the below apps that are competitors of it. So, let’s have a look:
|
Apps like Apple TV |
Available Platform | Download |
Ratings |
|
Netflix |
Android | iOS | 1B | 4.3 |
| HBO Max | Android | iOS | 10M |
4.7 |
|
Jio Cinema |
Android | iOS | 100M | 4.2 |
| Peacock TV | Android | iOS | 10M |
4.5 |
|
Lifetime |
Android | iOS | 5M |
4.0 |
1. Netflix
As you know Netflix is a widely popular video streaming app with 247 million paid subscribers. Users can binge watch movies or web series on Netflix app as it has a wide range of content. It’s constantly evolving with new features and content, making it a popular choice for millions of users around the world.
2. HBO Max
HBO Max is yet another popular America’s video streaming app. It has more than 95 million active users. Users can watch movies in offline mode and provide seamless streaming. Also, users can watch content on multiple screens. An app like HBO Max has a collection of a huge variety of movies with different genres.
3. Jio Cinema
Jio Cinema is a streaming app by Jio, offering a diverse range of movies, TV shows, and exclusive content to users in India. With a vast library, it provides on-demand entertainment across various genres. The app like jio cinema is part of Jio’s digital ecosystem, enhancing the multimedia experience for Jio subscribers.
4. Peacock TV
Peacock TV is a streaming service launched by NBCUniversal, offering a diverse range of TV shows, movies, and original content. It features a free, ad-supported tier, as well as premium subscription options. A video streaming app like Peacock provides access to popular NBCUniversal franchises and exclusive programming, catering to a wide audience with varied content.
5. Lifetime
Lifetime app offers on-the-go access to a diverse range of content, including movies, TV shows, and exclusive original programming, catering to a predominantly female audience. An app like Lifetime provides convenient streaming options, ensuring entertainment tailored to individual preferences.
Read More: Develop an Apple Vision Pro App
Must-have Features to Build An App Like Apple TV
When you develop an app like Apple TV, features are the first thing that comes to mind. You should be careful while choosing features because it affects the overall development cost. So, as per an iOS app development company, below are the features of an app like Apple TV.
i. User Login
Renting or buying films is made possible for your audience while they create an Apple ID. They can also read information about account changes and compare it to their buying history.
ii. Voice Control
With the help of an Android app development company, it is best to integrate voice search and commands for hands-free navigation. Siri-like intelligence could personalize recommendations and control smart home devices.
iii. Intuitive Navigation
Optimize for the big screen and remote control. Use familiar gestures, large icons, and clear menus for smooth browsing, even for grandma.
iv. Multi-Platform Support
By understanding multi-platform support, you may make your app like Apple TV without having to add any more programming languages to your codebase. Make your present app compatible with iOS devices to get the benefits to develop a mobile application that is native apps.
v. High-Quality Playback
Support leading video and audio formats like 4K HDR, Dolby Vision, and Atmos for a cinematic experience. Buffering should be a whisper, not a roar.
vi. Personalized Recommendations
Learn user preferences and viewing habits to suggest content they’ll love. AI-powered algorithms can curate playlists, show upcoming favorites, and rediscover hidden gems.
vii. Social Viewing
Foster a sense of community with watch parties, shared playlists, and in-app chat. Imagine live reactions and synchronized cheers for that epic goal.
viii. Multi-user Profiles
Cater to individual tastes with personalized watchlists, recommendations, and progress tracking. Family profiles could add parental controls and kid-friendly content.
ix. Offline Playback
Download movies and shows for offline viewing on the go. This is a lifesaver on long flights or for data-capped homes.
x. Gaming Hub
By taking help from an on demand app development company, you should integrate popular games, cloud gaming services, and controller compatibility for a dedicated gaming experience on the big screen.
xi. AirPlay and Casting
Allow seamless content streaming from mobile devices and computers to the Apple TV app. Picture sharing vacation photos or continuing that movie marathon from anywhere.
xii. Seamless Content Hub
Aggregate massive content from streaming services, live TV, and your own library in a unified interface. Search and filter across all sources effortlessly.
How Much Does It Cost To Maintain An App Like Apple TV?
The cost to maintain an app like Apple TV depends on various factors such as features, complexity, updates, and server expenses. On average, app maintenance can range from 15-20% of the initial live streaming app development cost annually.
For a sophisticated app like Apple TV, this could mean a substantial budget. Key maintenance expenses include server hosting, software updates, bug fixes, security patches, and support services.
Continuous improvements and new feature additions also contribute to costs. So, hiring a mobile app maintenance and support services provider is essential. Therefore, the annual maintenance cost for an app like Apple TV may vary but is likely to be a significant investment to ensure its smooth functioning, security, and user satisfaction.
Develop an App Like Apple TV with Dev Technosys!
It’s the right time to bring your ideas to life now that you are aware of how much it costs to develop an app like Apple TV. But developing video streaming apps may be a difficult undertaking. It is essential that you hire an entertainment app development company for developing mobile apps.
Specializing in developing reliable video streaming apps, Dev Technosys is the award winning mobile app development firm. Our committed developers use cutting edge technology and are experts in creating mobile apps.
We are capable of creating any kind of video streaming app, from Netflix to Apple TV. Our knowledgeable development team also creates a video streaming website while adhering to industry standards.
We can speed up development and offer continuing assistance by implementing cutting-edge technology. This establishes us as a trustworthy collaborator for turning video streaming concepts into profitable, commercially viable apps. Thus, put away your thoughts and get to work! Give us your specifications, and we’ll offer the newest technology within your price range.
Frequently Asked Questions
1. What is a Video Streaming App?
A video streaming app is a digital platform that allows users to watch and stream video content in real-time over the internet. Users can access a variety of videos, including movies, TV shows, and user-generated content, on-demand or through live broadcasts using these applications on their devices.
2. How Much Does It Cost To Develop An App Like Apple TV?
The cost to develop an app like Apple TV depends on the crucial factors. For example, app complexity, features, location of video editing app development company and so on. A simple version of a video streaming app can be around $8000-$14000 while a complex version can increase the cost up to $15000-$25000.
3. How Long Does It Take To Develop An App Like Apple TV?
The timeframe to develop an app like Apple TV relies on the variables like project complexity, functionality, app design etc. The video streaming app like Apple TV can take around 2-5 months to 6-8 months.
4. How to Reduce The Cost To Develop An App Like Apple TV?
To reduce the cost of developing an app like Apple TV, focus on clear project requirements, use open-source frameworks, leverage existing technologies, opt for a scalable architecture, hire experienced but cost-effective developers from a reputed ott app development company, and prioritize essential features first. Regular testing and efficient project management also contribute to cost optimization.
5. How To Monetize Apps Like Apple TV?
Monetize apps like Apple TV by offering premium content or subscriptions, implementing in-app purchases for additional features, partnering with advertisers for targeted ads, and exploring affiliate marketing. Utilize a freemium model to attract users with a free version and entice them to upgrade for enhanced functionality or an ad-free experience, boosting revenue.