Media streaming applications witnessed a sudden spike in recent years in terms of user engagement. Video streaming provides an excellent source of income, especially for an app like Netflix. People are attracted to the content on these platforms and pay for subscription packages on a monthly/annual basis. Initially, the providers offer a trial period, after which they will charge based on the service the user chooses. Since Netflix is a global provider, entrepreneurs who plan to get into this sector aim to replicate their success.
There are several on-demand video streaming apps on the market, and a few of them have successfully claimed their spots in the top tier. Amazon Prime Video is one of the most popular streaming services worldwide. Since Amazon owns it, people will get other services like unlimited access to Amazon music, Kindle, and faster deliveries on their platform for every subscription. It has risen to the top tier in less than five years of its launch.
Fox and Disney launched Hulu in 2008, and it included a package for live TV streaming. Customers also had the option to choose an ad-free subscription, and it became one of the largest on-demand media libraries in no time. Over the years, more similar apps have started to pop up around the world. If you are planning on entering this sector with an application of a global scale, you will be going head-to-head with these apps. Every app on the market owns its audience and continually offers unique content to keep them engaged. So if you want to attract their audience, you will have to provide more than just the basic features read more...
