“Don’t just share your message, experience it with your audience through live streaming.”
Streaming apps are becoming very popular. Thanks to mobile devices, content may be broadcast in real-time from any location.
There’s a reason why entrepreneurs search for “how to develop live streaming apps like Streamlabs.” It’s clear from the numbers:
About $416 billion will be made in the live video business around the world by 2030.
Through 2024, more than 91 million users will use live video streaming.
10–20 times longer, live videos keep people’s attention than on-demand, pre-recorded material. However, live streaming is the part of that larger business that is growing the fastest.
For real time video that is real and raw, people want it. The tech that can support the Streamlabs app is already out there. You only need a smart idea, well-thought-out design, and an easy-to-use system.
This guide will show you how to make a live-streaming app like Streamlabs and the cost and what steps you need to take.
So, let’s begin!
Quick Summary: If you want to know how to create an app like Streamlabs, this will show you step-by-step. It will cover how it works, its features, how to make money, its benefits and costs. So jump right in if you want to develop an app like Streamlabs!
Inside Streamlabs: A Closer Look at the Core Elements
Streamlabs is the best app for artists to use for live streaming. They can stream games, their phone screens, or even live video from their camera. With more than 10 million users, the Streamlabs software is clearly trying hard to get a big piece of the live streaming market.
The live broadcasting app development platform draws content creators by having a lot to offer. It has a 95-5 income split and non-exclusive deals worth millions of dollars. The most well-known live streaming apps are likely Twitch, YouTube Live, and TikTok. However, each one caters to a different group of people.
Future Predictions And Projections of Live Streaming Services
- In 2024, a shocking 95% of Americans will pay for more than one streaming service. That’s three times the average number of contracts Americans have.
- The amount of money people spend on over-the-top video application like Streamlabs rose by 13% in 2023, reaching over $8 billion.
- By 2030, the live streaming business is expected to be worth more than $416 billion around the world.
- By 2024, more than 91 million people will have signed up to use live streaming video.
- Users are interested in live videos 10–20 times longer than on-demand content that has already been taped due to Streamlabs popularity.
- About 34% of people in Generation Z are interested in live streams, especially ones that happen on social media sites.
- In the second quarter of 2023, 167.8 million people watched Kick. In the third quarter, 296.84 million people watched Kick, which is a huge jump.
What is the Cost To Develop Apps Like Streamlabs?
One thing that might worry you think is to make apps like Streamlabs is cost. It just depends on things like the amount of work that needs to be done, how complicated the plan is, and how many hours of work are involved.
It is also important to keep in mind the cost to build a video streaming app. It can’t be done for free either. Let us unpack this.
Put yourself in the shoes of an app developer working on the Android platform. The cost is thought to be between $10,000 and $15,000, taking into account all of the above dependencies.
Application Complexity |
Cost Estimations |
Simple Streamlabs-like App | $10000-$15000 |
Medium Streamlabs-like App | $15000-$20000 |
Complex Streamlabs-like App | $25000+ |
Similarly, the cost to develop apps like Streamlabs costs more than $25,000 to build for iOS and the web. In addition, the cost to develop a mobile app like Streamlabs will change in some way depending on your specific needs and circumstances. That being said, let’s look at the factors next.
It was a pleasure working with the Dev Technosys team. As planned, every step of the process went as planned, and the final version met, and often went beyond, my standards. Although Dev Technosys’s quotes weren’t the cheapest I got, the professionalism, quality of work, and final result made up for it. Strongly suggest, and I will keep using their services for future projects.
– Douglas Laver (Australia)
Factors Affecting the Cost To Develop Apps Like Streamlabs
As you are already well-versed with the cost to make an app like Streamlabs. But wait? This is not the end! You should be knowing the major factors that play an essential role in cost variation. So, we have listed down the crucial factors of Streamlabs mobile app development.
1. App Complexity
When compared to focusing on a single platform, making live streaming apps like Streamlabs for multiple platforms (like iOS, Android, and the web) can add to the cost. When making live streaming apps like youtube or other you should keep in mind that different platforms may have different needs and ways of development.
2. Features & Functionalities
Cost to make an app like Streamlabs is also affected by its features and functions. Say you only have a small amount of money to build an app like Streamlabs. So, it’s important to add basic functions in live streaming applications that fit your budget or the other way around.
3. Design User Interface
The way your user interface looks is another important factor that affects the cost to develop apps like Streamlabs. A skilled designer will be needed to make an easy-to-use interface with smooth navigation and appealing interactive features, which will raise the cost. You can save money by choosing a simpler style for video streaming application development, but it might not be the best for users.
4. Location of Development Team
Your mobile application development services team’s position is a key factor in figuring out the cost to make live streaming apps like Streamlabs. Rates of hourly growth can be very different in different parts of the world. As an example, hourly rates tend to be higher in places like the US or UK than in places like Asia.
5. App Maintenance & Update
For the live streaming app to keep working well and for any problems that come up after launch, it needs to be supported and maintained on a regular basis. It’s important to plan ahead for regular updates, bug fixes, and server upkeep, which may add to the overall cost to build the best apps like Streamlabs.
Best Live Streaming Apps Like Streamlabs
If you are thinking of developing an app like Streamlabs, you should know who your competitors are. Knowing about their USP will help you stand out from others by adding unique features which they don’t have. So, to reduce your research time, we have listed the best video streaming applications for you.
Top Apps Like Streamlabs |
Available Platform |
Launch Year |
Downloads |
Ratings
|
Twitch | Android | iOS | 2011 | 100M+ | 4.0 |
Kick | Android | iOS | 2022 | 10M+ | 3.1 |
Tango | Android | iOS | 2009 | 100M+ | 4.1 |
Nimo TV | Android | iOS | 2014 | 50M+ | 3.7 |
StreamKar | Android | iOS | 2005 | 50M+ | 3.7 |
1. Twitch
- Revenue: Twitch made an around $2.8 billion revenue in 2022.
- Market share: Twitch has about 0.30% in the media players and streaming platforms market.
2. Kick
- Revenue:Kick made around $10 million revenue in 2019.
- Market share: Kick has about 78% market share in 2023.
3. Tango
- Revenue: Tango made around $8.3 million in 2024.
- Market share: Tango’s made around 0.08% in the loyalty-marketing market.
4. Nimo TV
- Revenue: Nimo TV made around $50 million in 2022.
- Market share: Nimo TV made around 1.4% of the live streaming market.
5. StreamKar
- Revenue: StreamKar earns around $300,000 per month.
- Market share: StreamKar made about 16% of the total gaming streaming market.
Benefits of Launching A Streamlabs Live Streaming App
Before you start learning how to make a live streaming app, you should think about why you need one. These are some of the reasons why live streaming apps like Streamlabs need to be made.
1. Allows Mobility
The main reason to invest in video-on-demand streaming app development is to make it easier to use on the go. People can’t just watch their favorite show every day. You now have a chance because of this. Aside from that, more than half of all video material is watched on phones. It is also expected that by 2025, there will be 3.8 billion cell phone users.
These numbers show that a lot of people are using their smartphones right now. So, now is the perfect time to develop an app like Streamlabs. The Streamlabs alternatives will keep people from sitting in front of the TV, but they can still watch their favorite show.
2. The Time Factor
You can’t buy time. As much as possible, we all try to save and use our time well. Right? We want everything to be done on time. Let’s say you have work to do and your favorite show is about to start.
It will be hard for you to decide what to do. This is what a live video app does to fix the problem. Anytime, you can watch anything with live streaming app development.
Because of this, you have one more reason to learn how to make a live chat app.
3. Video Quality
Television has video quality that can’t be matched by any current device, not even TVs of today. On the other hand, the quality of some current video apps like Streamlabs is HD or 4K.
A lot of people (about 77%) pick a streaming service based on how well the content plays. That’s why most people today like to watch videos in good quality. It gives you a good reason to make a great app for live viewing.
4. Dedicated App
With most watching content apps today, you can add live streaming as an extra. Aside from that, there are Streamlabs similar apps like Livestream, Periscope, Facebook Live, and others that are only for live streaming.
As these specialized apps show, you can also make your own live video streaming app by hiring a mobile app developer that will give these apps a tough time.
How To Develop An App Like Streamlabs?
As much as you want to develop an app like Streamlabs, I’m thrilled to tell you that it’s easy and fun to make a live streaming app with the right planning and steady work. To make things easier for you, I’ll break the whole thing down into small steps to develop an app like Streamlabs.
1. Define Your Target Audience
Although this may not seem important, it’s most likely the most important part of starting an app. Before you make live streaming apps, you MUST already have a product that people will want to buy.
Even though apps like Streamlabs are goods, that’s not what you’re selling. You’re giving someone a way to solve a certain problem that is shown to them in an app.
Also, determine whether you build a live streaming app on iOS and Android. Make sure you know who you’re helping, what problem you’re solving, and how you’re fixing it before you start making live streaming app solutions.
2. In-depth Competitor Analysis
Only one thing you should do with a competitor’s study is put your brand and product way ahead of the rest so that more people buy your product. Here is a simple framework you can use to see how your product measures up to develop an app like Streamlabs:
- List everything your competitors sell and how much they charge for it.
- Find out what each business does, what it offers, and what its benefits are.
- Use an A, B, C, D, etc. scale to rate each product or service and each trait. You can find the best goods and features by grading them.
- Once you know which goods and features are the best, make a list of them and start thinking about how you can make your solution more competitive.
3. Create UX/UI Design
At this point, your UI/UX design services provider will plan how your live streaming app will look in the future. A good user interface has three main parts: minimal friction, a smooth onboarding process, and style that works. On the other hand, your app design can benefit from a little excess and messiness.
The most important thing for a design to work is for your UX/UI design team to have a lot of experience and a strategy for the future. The team will make a look and feel that is the best by combining your brand’s image with aspects of competitive design.
4. Build and Test Your MVP
Once you have the final design plan, your Streamlabs app development services team will decide which core features are most important for your MVP.
An MVP app development has just the features you need to test your product with real people. Even so, a minimum viable product should still be tried thoroughly to find and fix bugs and make it work better.
5. Release, Maintain and Improve
After your MVP app has been tested and found to be functional, it is released to the public. The people who are making the app will get comments from people who will be using it and then make changes to it until it fully meets the needs of both the users and your business. It’s also important to keep your app up to date with security patches and new versions of platforms.
Why Do Consumers Choose Streamlabs App?
Streamlabs is a popular choice among viewers, especially beginners, because it is easy to use and has a lot of built-in features. This is why:
-
User-Friendly Interface:
The layout of Streamlabs is simple and easy to use, so you can start streaming right away without having to mess with complicated settings.
-
All-in-One Solution:
Don’t try to run different programs at once. Streamlabs streamlines your work by combining features like chat control, alerts, and even tools for making money.
-
Multi-Platform Streaming:
You can reach your fans on Twitch, YouTube, Facebook, and other sites from a single source.
-
Mobile App Advantage:
The mobile app lets you manage your stream while you’re on the go, making it great for in-person streamers or making quick changes.
-
Streamlined Monetization:
You can use Streamlabs’ built-in tools to make your stream a possible source of income, whether it’s through gifts or selling merchandise.
Key Features To Create An App Like Streamlabs
An early version of your live streaming app is built around a list of features that it has to have. Here are the basic features that work like Streamlabs to create a mobile app.
● User Registration
Users and people who make content both need to sign up. To make shows and follow their favorite streamers, creators need to sign up. On the other hand, people can sign up with their phone numbers, emails, or social media accounts.
● User Profile
With Live video streaming app development, people can make profiles by adding their name or a nickname, age, location, gender, hobbies, profile pictures, and other information. User profiles are very important for personalization and getting to know other people in the streaming groups.
● Live Streaming
Users can record live streams and send them to their subscribers and friends. Real Time Messaging Protocol (RTMP) and other streaming methods make sure that video delivery goes smoothly. Other video streaming protocols, like RTMPS, HLS, DASH, and others, offer faster speeds and better video clarity.
● Search
Users can quickly browse to find the streamers they’re watching or to look for new channels thanks to a search function. This feature usually has more than just a search function. It also sorts things by location, name, language, theme, popularity, and number of views.
● User Gallery
A user gallery is like a media library where you can find videos that each station you follow has already shown. When you develop an app like Streamlabs. Users can look at streams and watch shows they missed.
● Security
Data leaks and the loss of private data in apps can happen when security is broken. Because of this, companies need to improve their security by using current data security protocols.
You will need the Payment Card Industry Payment Security Standard protocol to store credit cards on your computer. But it’s still best to keep private data as small as possible in your app and only accept credit cards through payment gateways.
● Feed
The feed is shown on the main page of your video viewing app. The feed will show VODs (video on demand), live streaming broadcasts, and other material. Live streaming apps should let users customize their shows based on what they like and what they’ve watched before.
● Donation System
A donation method lets viewers and streamers talk to each other for money. The message will show up on the stream when someone donates. In addition to getting paid through subscriptions, streamers can also get paid through gifts. For donations, you can either use tools from other sources or make your own.
● Stream Chat
Another important feature for live streaming apps is the ability to chat. Streamers can talk to their viewers directly through it. Chatting lets people who make content get feedback from viewers, and streamers can make money by selling things in the chat. As per a video streaming app development company, Twilio and Socket.io are two of the most popular technologies for making chat features.
● Push Notifications
Your business can make money from the app with the help of a monetization plan. It’s an important part of your business plan that makes sure the app will last and provide a great experience. Here’s how to get the most out of your computer job.
How Businesses Can Earn Money From Streamlabs App Development?
Your business can make money from the app with the help of a monetization plan. It’s an important part of your business plan that makes sure the app will last and provide a great experience. Here’s how you can make money from live streaming apps.
1. Paid Apps
The paid-app monetization approach just means that people can only download your app if they pay a certain amount of money. For example, if you create a video streaming app like Netflix, always add a premium feature that users need to purchase for utilizing it. Remember that app shops get a cut of the money made from paid app downloads. The best thing about this model is that it lets your app stay ad-free.
2. Freemium Model
This way of doing business is one of the most common ways to make money from Apps like Streamlabs. People can download your app for free with freemium.
There are, however, some functions that they can use for free, and other add-ons can be unlocked for a fee. Premium users get extra benefits from apps like twitch, Livestream, LiveMe, and others.
3. In-app Advertisements
Ads can be added to both paid apps and freebie apps if you want to develop an app like Bigo Live. Banner ads, native spots, gamified in-app ads, and other types of ads can help your solution make more money. Most platforms for streaming will also put ads on the material of streamers. Stream ad serving also helps content makers make money from their work.
4. Sponsorship Model
There are a lot of different ways to make money with your app. Sponsorship is the best way to do any of those things. Work with brands to get paid content or product ads in your live streams.
Companies pay people who make videos to talk about their goods or services during live shows. This lets them reach a specific group of interested people. After that, the site gets a cut of the creator’s income.
Ready to Make An App Like Streamlabs?
Live video streaming apps similar to Streamlabs can help you reach more people and make your services more valuable. People want to be able to stream information anywhere and at any time. And having their own app apps like Streamlabs gives them the freedom and adaptability they want.
There are different ways to make the best live video streaming app, based on your time, money, and skill level with technology. For that you need to hire OTT app development company.
But using live streaming services and platforms is the fastest way to get a live streaming app up and running. And if you’re ready to develop an app like Streamlabs, get in touch with our team right away.
Frequently Asked Questions!
1. How Long Will It Take To Develop Live Streaming Apps Like Streamlabs?
Usually, the time to develop an app like Streamlabs highly depends on factors and project requirements. A simple Streamlabs-like app can take 2-4 months but it can go beyond 8 months if you integrate advanced features like AI, chatbot etc.
2. How Much Does It Cost To Create A Website Like Netflix?
The cost to create a video streaming website can generally be between $10000-$25000. But it can fluctuate on the basis of many variables like app complexity, features, platform type etc. You can consult with a Streamlabs app development company.
3. What Are the Benefits Of Live Streaming App Development?
When you build live streaming apps like Streamlabs, you will get many benefits:
- Attract larger audience
- Boost real-time engagement
- Cost-effectiveness
- Seamless connectivity
- Multiple device accessibility
4. How To Monetize A Live Streaming App Like Streamlabs?
If you have a live streaming app, then you must monetize it with different methods to gain huge revenue. Here are some monetization methods:
- In-app purchase
- In-app advertisement
- Freemium model
- Sponsorship model
- Subscription model
5. Why Choose Dev Technosys For Streamlabs App Development Project?
Dev Technosys is the best live streaming app development company having 12+ years of experience. We have expertise in creating mobile applications with the latest technology. Have a look at the parameters:
- Certified experts in app design
- High standards of app coding
- Full-cycle application development
- Custom API development