Introduction:
Do you know that 78% of people prefer to listen to music via music streaming apps? Recent Forbes research found that over 84% of music industry revenue comes from music streaming apps. According to Statista research, the number of users in the music streaming market will skyrocket to 1.1 billion by 2027.
In this fast-paced world where people seek convenience and comfort, apps have been the go-to solution for today's generation. Whether it's about seeking help, shopping, watching movies, listening to music, or anything else, apps are handy and feasible. There are more than 6.3 billion smartphone users and hence the mobile app market is definitely a rising market with the constant usage of apps.
You are already in luck if you have decided to develop a music streaming app. This article discusses the main factors, Cost To Develop A Music Streaming App, steps and all other essential aspects. Let's dive in!
Gone are the days when we used to wait to download our favorite music and listen. Thanks to streaming apps, a Statista survey shows that the music streaming market is likely to reach $30 billion in revenue in the upcoming 2025 year.
Source: Exploding topics.com
Types of Music Streaming Apps:
Well, many of us are confused with the question How Much Does It Cost To Develop A Music Streaming App. The straight answer is it depends on the type of music streaming app you develop. The Music App Development Cost will depend on the features, offerings, and many other additional requirements. Below are some of the types of music streaming apps:
1. Radio Streaming Services
Radio streaming apps are similar to radios, they have pre-built radio stations in which users can select genres, artists, or specific stations to play music, podcasts, and more.
2. On-demand Streaming Services
Do you use Spotify or Amazon Music? These are on-demand streaming services that allow users to stream and access a huge collection of libraries and albums. The services can be free or have basic to premium paid plans, depending on the functionality.
3. User-generated Content Music App (UGC)
UGC refers to user-generated content, it allows users to upload their own music with personalization and make remixes with their favorite artists.
4. Social Music Apps
It is a combination of social media and music apps. It allows users to discover, share, and engage with music via social networking features. Users can make playlists, connect with musicians and friends, upload music and participate in music-related conversations, making music streaming enjoyable.
5. Live Streaming Music Apps
Going live is the new generation trend. This type of app allows users to join the live music events, concerts and other programs from the comfort of their home.
6. Offline Listening Music Apps
Most of the music apps have an offline listening feature. It allows users to download or save the music and listen to it later without an internet connection.
Must Have Development Features for Music Streaming App
Below are some of the features that are a must for a music streaming app. Basically, any app comes with two parts: a user panel and an admin panel. Let's have a look at the necessary features.
Music Streaming App Feature for User Panel:
The user panel consists of operations that are to be performed from the user side such as registration, account creation, sharing, browsing, etc.
- Registration and User Onboarding: Users can register themselves via email, mobile number number or social media account.
- Profile: After successful registration, the profile is created where users can edit, modify, and delete profile details as per choice.
- Browse and Search Content: Users can search for various genres, categories, artists, types of content, and much more.
- Offline Streaming: Users can download music for the future to listen to it offline.
- Sharing Feature: It allows users to share music links via social media, WhatsApp, and other platforms.
- Create a Personal Playlist: users can create their favorite playlist by selecting multiple songs and naming them unique names.
- Payment Gateway: Users can pay for subscription plans of music apps as per their need.
Music Streaming App Feature for Admin Panel:
Admin functionalities are basically backend operations for managing the platform in the right way and allowing users to use it hassle-free.
- Profile Section: The admin can add or delete the profile details.
- Account Management: It includes managing multiple accounts, payment details, and other important user details securely.
- Create Playlists: Recommend user playlists by genre, category and artists.
- User Management: This section manages users, artists registered on the app, their subscriptions, memberships, and other info.
- Run Advertising: Admins can run particular business ads in the app for promotions.
- Promotions/Discounts/Offers: It includes discounts, occasional offers and promo code to help users save some amount on their subscription plans.
Factors That Affect Music Streaming App Development Cost
Apart from the type of app and features, there are many things that impact mobile app development costs. Below we have listed some of the top features that affect music streaming app development costs:
1. Complexity
Understand the simple logic, high-complex app = more features and more cost.
It can be anything like complex design, or functionality. The music app costs can vary from region to region. Apps with basic features like streaming and creating playlists are less costly as compared to advanced music apps that support offline listening, social media integrations, and other complex integrations because they need resources and are time-consuming.
2. App Platform
Decide on a flexible and scalable app development platform. To choose the right platform for music app development, you can hire Android app developers or consult the best mobile app development agency. To ensure efficient development, you must consider agile methodologies and cross-platform compatibility.
3. App Features
App features can be divided into three categories: basic, improved, and advanced. Basic features like music playback, playlist management, etc., can usually cost between $15,000 and $40,000. However, advanced features like UGC streaming, lyrics syncing, etc., can be expensive.
4. Design
UI/UX are crucial components of any app. The design, animations and other graphics also add up to the music app development. Custom designs, visuals and graphics need effort and some coding so that can be time-consuming and expensive too but gives an appealing look to the app.
5. Developers Team/location
If the project is big, it will require more team members. The cost of a music app also depends on the location of the developer you hire. If you are hiring dedicated developers outside the country, the price may varies as per currency.
6. Technology and Tools
It also depends on whether you use free technologies and tools or a paid one. Music app development includes front—and back-end development, database, streaming infrastructure, tools, security, API integrations, and much more.
7. Third-party Integrations and API
Integrating complex APIs can be expensive. It gets even more expensive if the client has a custom requirement that requires developing the API from scratch.
8. Maintenance and Support
The job is not done yet even after the app development. The app includes regular maintenance and security updates. Generally, the app development agencies take 10 to 15% of the annual budget for maintenance and post-consultation and soon.
How to Make Money with a Music Streaming App?
Monetizing the app is one of the important parts. Below are some of the strategies that you can apply to make money using the music streaming app:
1. In-apps Ads
You can make money with your music app by using in-app ads displayed in videos or images during a change of tracks. It makes use of an audio streaming server to stream ads seamlessly to users. In addition, providing advertisements on your website for users to advertise their products can be extremely efficient. This method not only improves the user experience but also increases your revenue overall through the potential for advertising in your audio streaming app.
2. Paid Membership
You can also use the paid membership model to boost your return on investment where customers can buy monthly and annual subscriptions. Paid memberships are one of the effective strategies because they guarantee to monetize your app as people pay for the subscription plan.
3. Premium Model
At first, you can give free service to users for a specific time period then ask users to upgrade to the premium plan to use advanced features of the app. This will allow users to explore other genres and music categories and listen to premium playlists.
4. Promo Codes and Coupons
Introduce promo codes and coupons on a seasonal basis to boost your subscription numbers. Even a small discount makes users happy, this will also encourage existing ones to renew their subscriptions, enhancing overall revenue.
How Much Does it Cost to Build a Music Streaming App?
There is no clear-cut answer to the question of How Much Does It Cost To Develop A Music Streaming App as it depends on various other factors.
Simple App costs around $10000-$14000 with basic features. Current market trends and competition also matter during overall app cost. The app with moderate complexity costs around $15000-$20000 and complex App can range up to $25000 depending upon the developers and agency you choose.
Why can Manekech be your Perfect Music Streaming App Development Partner?
Manekech can be your ideal mobile app development agency for stunning app development requirements. Our developers possess deep streaming knowledge with proven experience creating robust apps with advanced features. Hire iOS app developers from Manekech to successfully complete numerous Android and iOS applications across various industry verticals. No matter if it is a simple app or a complex solution with advanced features - we will ensure that your app stands out from the crowd and performs amazingly.
Conclusion
Hope you find the above article helpful in understanding the music streaming app development cost. App development is definitely rising in today's age and will continue to rise in upcoming years. Consider the above factors and features before you go for music app development.
App development does not have to be a daunting task, If you need help with music streaming app development, get a quote from Manektech today. We can also advice you regarding well-versed strategies for app development and mobile app ideas.
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