As the modern on-demand app industry is growing at a rapid rate, it is high time that you should pay attention to developing feature-rich, user-friendly on-demand apps based on the unique expectations of the end customers.
As per a recent study report by the Harvard Business Reports, it is estimated that the modern on-demand economy is drawing the attention of over 22.4 million customers annually with around $57.6 billion revenue generation.
Just like other on-demand apps out there, the advent of live-streaming apps or music-on-demand apps is also quite recent. The introduction of Spotify –one of the leading music streaming apps, has given a spark to the music streaming industry.
As such, many music enthusiasts or brands out there keep coming up with the innovative idea of designing and developing high-end music streaming app for the end-users.
If you are looking forward to designing a feature-rich music streaming app, you can seek professional help from experienced music streaming app developers for the best results.
How does the Music Industry Work?
Music serves to be a great way to connect the inner soul with the outside world. There is no denying the fact that a single song could bring into effect a myriad of emotions for transforming your mood while making the day even more energetic.
As everyone out there wants to keep in touch with music in some way or the other, music streaming apps out there are making a fortune out of these expectations. You can also look forward to delivering ondemand music streaming solutions to enhance the experience of music lovers.
Before venturing into the project of music streaming app development, it is recommended that you should be aware of how the music industry is known to work in the modern era.
Typically, the music industry is known to comprise of individuals and companies earning money with the help of the creation of new soundtracks or songs along with selling live shows, concerts, sheet music, composition, video & audio recordings, and so more.
In addition to the music enthusiasts or musicians, the music industry also works under the coordination of professionals providing assistance to the music artists & musicians with the respect music career. Some of these professionals are repertoire managers, artists, talent managers, and business managers.
Rise of Modern Digital & Online Music Distribution
During the first decade of the 2000s, streamed music and digitally-downloadable music became quite popular than the respective physical recordings.
This provided the music-lovers with a seamless and endless way to listen to their favorite music. The popularity of distributing music across the Internet has increased in the recent era.
After 2010, the advent of Internet-based services like Spotify, Pandora, Deezer, and iTunes Radio by Apple, has introduced the concept of live streaming music online.
In a typical case of live streaming music services, the users are expected to pay a specific subscription fee to some company for allowing the right to browse & stream songs as well as other media from a centralized music library.
With the help of the streaming services, the user is not required to download the particular song file or to own the particular music file.
With live music streaming app, the user is allowed to listen to the particular song for as long as they wish to listen to the same just by paying the given live music streaming subscription.
Once the user would stop paying for the subscription, they will not be able to listen to the audio files from the given repository anymore.
Modern changes in the music industry have provided consumers with increased access to a wide range of music from all across the world than ever before.
Therefore, if you wish to harness the music interest of the end consumers, you can make the most of the ondemand music streaming app development solutions offered by the experts.
Music Industry Facts That Every Musician Needs to Know
When you are involved in the music industry, there is so much happening all around the world. Working in the music industry is much more than the typical 9-to-5 job. It is a form of commitment –most often for minimal recognition or compensation.
With the rising trends of modern music fashion and practices, it is high time that the musicians and those involved in the music industry are aware of the industry-specific facts.
- Knowing Music is Not the Only Determinant for Your Success
- You can Make Money by Selling Music
Knowing Music is Not the Only Determinant for Your Success
While you might be nailing music tracks or going to several shows, rattling off some numbers in your list, and so more –all of these do not imply that you can be a pro at music, especially in the modern era.
You should not make any mistake of underestimating the importance of music –especially when you wish to make it big in the modern music industry.
To be a music expert, it is recommended that you should be aware of modern music trends as well as state-of-the-art technologies. Moreover, in-depth knowledge of the concept of live music streaming app development process is also required for ultimate success.
You can Make Money by Selling Music
While there is a huge controversy going on about in the music industry about free music, there is still immense scope to make music by selling your original copies.
There is no denying the fact that your fans want you to keep making music to suffice their requirements. As such, you can look forward to making money through your music across the entire lifetime.
The only tip here is to strike a perfect balance between drawing the attention of your fans with free services & offering them the opportunity to buy your music at some fair price.
While there are several aspects to consider while making music online, one of the best strategies of outgrowing your business is to look out for modern music industry solutions that work in your favor.
Who are the Top leaders of the Music App Market?
In the modern era, streaming is known to rule the music industry. Now that the concept of online streaming music apps is the current trend and the future of this business, there are several competitors out there that are aimed at drawing the attention of as many subscribers & users as possible.
With music streaming apps, instant profitability might be a challenge to achieve. However, the increased number of paying customers turns out profitable for the players involved in the given business.
As such, the companies that are involved in the online music streaming app industry are capable of collecting more listeners in comparison to all other options out there.
If you are entering the music streaming app development industry, here are some of the industry leaders that you should know about:
- YouTube Music
By far, the most famous online music streaming platform is YouTube. The music streaming company is owned by Google and boasts the presence of as many as 1.5 billion subscribers all around the world.
With so many people using the app in a single month, a majority of them are known to click on at least one musical option in the app.
While most out there tend to argue that YouTube is a video hosting platform and not music streaming app, the site has still managed to become a powerful name in the field of online music streaming.
It is perhaps one of the best names in the field of online music streaming apps out there. The advent of Spotify has changed the online music industry significantly.
The number of users & subscribers of Spotify continues rising day by day due to the ease of music streaming services offered by the same. As per the latest estimates, Spotify boasts the presence of as many as 170 million users across the world.
It is a Berlin-based music giant that claims the presence of over 175 million users all around the world. SoundCloud also boasts the presence of millions of listeners in comparison to its music-only option. The company is also renowned for SoundCloud Go –the premium music streaming service by the company.
It is a famous Chinese music streaming app that boasts the presence of an impressive user base of around 400 million. It is rapidly striving forward to becoming leading music streaming app to reach around half a billion users.
The famous Indian music streaming platform has around 50 million user base. Given the immense love for music in India, the music streaming app is gaining huge impetus in modern times.
How do Artists Make Money from Music?
Making money in the music industry is not as simple as ensuring negotiations based on your salary or waiting for the paycheck to arrive every first week of the month.
The pay scale for most of the artists and organizations involved in the music industry is based on the concept of percentages for on-project or freelancing deals as handled by the music artists. However, different instances of music careers are known to offer payments in different ways.
As an individual, if you consider going for the option of a full-time musician, you might require some additional source of income to ensure a successful life.
While working as a professional musician, a major part of the reality is to diversify your revenue streams as much as possible. The more you are capable of diversifying your income, the more lucrative you can consider the music endeavors to be.
With the advent of the digital era, we are provided with a multitude of options to hone the respective skills and make the most of the available opportunities out there.
Right from selling your own music label to setting up lucrative online music streaming business, there are several options to consider while ensuring success in your music career.
Here are some lucrative ways from which artist make money from music
- Selling Your Music
- Selling Merchandise
- Play Live or Gigs
- Online Streaming
- ComposerOr Songwriter
Selling Your Music
In the modern digital era, online or digital distribution, as well as awareness of your music, is a vital concern. As a music professional or artist, you are expected to be accessed readily across major media platforms.
In addition to the digital media, selling your music at high-end shows is also vital. For instance, you can consider selling out the CD-Rs while ensuring that these are priced reasonably to be sold out at all your gigs online.
Brand merchandising serves to be a major business. If you happen to be a musician or a band, then you can make use of the innovative concept of brand merchandising amongst your loyal following.
Both the indie bands, as well as signed bands, can look forward to selling the respective merchandise at a highly affordable range.
You can consider designing t-shirts, coffee mugs, bags, stickers, badges, and other types of merchandise to sell the same on your website or the show.
Play Live or Gigs
When you wish to make money as a professional musician, playing live or setting up online gigs turn out to be an important choice.
Most musicians out there are known to go live by delivering live shows or concerts for the target audience. At the same time, you can also try setting your own gigs.
The concept of online music streaming is becoming quite a trend in the modern music industry. When you connect with the leading online music websites or apps for streaming music, you will be paid royalties as your income.
Whenever your music gets played on the given platform or app, you are paid a royalty amount. The best part about online music streaming services is that it can help you to connect with new fans by discovering your music.
Composer Or Songwriter
If you happen to be a songwriter, then you could consider writing songs for other musicians or music labels. On the other hand, you can also consider composing music, particularly for television or films. As income, you will continue earning performance royalty whenever the song that you wrote is performed.
Top Music Streaming Apps in the Market
Since its inception, music streaming has become a great way to enjoy music in the modern era. In addition to the ease of the listeners, music streaming is also a leading option amongst the industry players for improved profits.
There is many music streaming apps to choose from. While some of these are available for free, there are others that usually charge a standard subscription fee out of the users.
Whether you wish to hire mobile app developers to develop music app or make use of on-demand music streaming app development services, here are some of the top music streaming apps that you should consider:
- Google Play Music
- Apple Music
- Pandora Radio
- YouTube Music
It is one of the most reputed online music streaming apps in the world. The app delivers an amazing online streaming experience to the listeners with over a million songs from all parts of the world.
In addition to songs, there are other playlists, customized radio stations, interesting podcasts, and specific video content on this streaming app as well.
The best part is that Spotify is readily made available on several platforms. Moreover, its free version is highly advanced in comparison to that of the competitors.
Gaana.com has recently become an entrant into the list of the most famous music streaming apps out there. With an impressive user base of around 50 million users, the online music streaming app is gaining huge impetus in the modern era.
As per the latest stats, the leading music app is expected to achieve its break-even stage in the period of the next 4-5 years claiming a 100% revenue growth along with the traction of online users on its platform.
In its commitment towards expanding the consumer base, the company aims to invest in non-music genres as well for increasing the engagement time of the respective users on the given platform.
Google Play Music
It is the answer to Spotify by Google in the online music streaming industry. The best part about this app is that it is immensely user-friendly and portrays tons of specialized features for the improved experience of the users.
The app has been designed with a conventional interface and features innovative tools like radio access, finding bands that are playing near your location, podcast discovery, browsing the top music charts, uploading their own files to stream anywhere across the Internet.
With the price range of around $9.99 to $14.99 on a monthly basis, Apple Music has witnessed a spike in its growth since 2015. Even with its late inception, the app has gained immense popularity and become one of the most famous streaming apps in the world.
There are over 30 million songs in addition to the playlists, the presence of 24/7 radio, uploading music, and streaming the same to your device. The app also features a specialized social component that allows the users to follow the artists and observe their activities.
Pandora is one of the best recognizable music streaming apps out there. The best part about this app is that it is available on multiple platforms out there. There are two major Pandora experiences. The first represents the radio-only service that allows you to skip music tracks.
At the same time, the second experience is that of the complete range of on-demand music streaming service that is quite similar to the ones, including Apple Music, Spotify, and so more.
It is one of the leading online streaming services by Google. You can get access to millions of songs as well as videos online on this platform. The main advantage offered by this platform is that of the available song choices to the end-users.
It is yet another famous music streaming app online that serves useful for all the indie creators of the world. Various users from different parts of the world are capable of adding stuff of their own creations.
The app is famous for its unique SoundCloud Go feature –the innovative on-demand service that includes several popular tracks to listen to.
Steps to Create a Music Streaming App
- Decide the Type of Music Streaming App
- Features Forming the Heart of the Music Streaming Apps
- Choose the Features that You Want Add
- Choose the Right Monetization Model
- Handle the License Needs
Step 1: Decide the Type of Music Streaming App
Even in the music streaming industry, there are several options to choose from. When it comes to online streaming services, there are two major types: on-demand and radio.
At the same time, most of the apps also provide access to additional types, including music libraries and cloud storage apps.
The radio station apps also go by the name of non-interactive streaming apps. Some of the best instances of radio station streaming apps are iHeartRadio and Pandora.
These services are not designed for getting access to a specific song of your choice. These are referred to as “radios” because they are known to play songs that are based on your personal preference.
There is no feature of selecting an on-demand app. You can create your own stations with the help of music streaming app developers to be based on albums, songs, artists, genres, or bands.
On the other hand, on-demand apps are famous for delivering a customized music streaming experience to the end-users. Some of the famous instances are Spotify, Gaana.com, Apple Music, and so more.
These apps allow users to play songs of their choice right away. To create a music app delivering top-class results for your business expectations, you can go for the option of creating on-demand apps.
Step 2: Features Forming the Heart of the Music Streaming Apps
To create spellbinding apps, you are required to include some of the essential features that aim at enhancing the functionality of the app.
When you search for a mobile app developer for hire to design bespoke music streaming apps, here are some of the essential features to look out for:
- Massive Music Library
- Search and Discover Tracks
- Custom Recommendations
- Music Arrangement
- Skip/ Replays
- Artists-only Playlists
- Crowd Favorite Music
- Newly Released
Step 3: Choose the Features that You Want to Add
When you are creating innovative music streaming apps for the target audience, it is recommended to include some advanced options or even premium versions to the same. Here are some important factors to consider:
- Offline Access
- Push Notifications
- Social Media Integration
- Event Calendars
- Upload Music
Step 4: Choose the Right Monetization Model
It is possible to earn immense profits with the help of music streaming apps. All you are required to do is to decide upon the right monetization model for your music streaming app development. Here are some to consider:
- Paid Plans
This model is designed to offer a specific service free of cost to the end-users. When you incorporate the concept of freemium services in your live music streaming app business, you will be offering the users with abundant free music during the initial stages while extending the same to a premium version later on.
When you incorporate advertisements in the audio streaming business, it can offer a whole new spectrum to increase your revenues. You can ensure the same by including in-content ads or by presenting display ads.
Once the users have enjoyed the freemium version to a certain extent, you can now urge them to make use of the paid subscription plans to gain access to various advantages or features on the app.
Step 5: Handle the License Needs
When you are designing the music streaming app, you are required to ensure the respective rights on compositions and sound recordings. These rights could be co-owned by multiple owners.
All the online radio-station & on-demand music streaming services are required to pay the respective copyright holders for gaining the right to reproduce or develop copies of compositions or sound recordings.
How Much Does it Cost to Develop a Music Streaming App?
Depending on specific factors like features included, the type of music streaming app, the revenue generation model, target audience, and so more –the costs of a music streaming app development process could vary.
For instance, a US-based app development company might charge around $150-$250 per hour for the app development services. Similarly, in India, the app development services are quite competitive and might range between $20 & $40 per hour.
As the demand for high-end music streaming apps is on the rise, it is high time that you should harness the potential of leading music industry solutions by the renowned players out there.
With immense scope for the future, make the most of the reliable music streaming app development services being offered. Come up with a unique concept and hire reliable app developers to ensure the best results.
I have a fixed budget of $1500. Can I create a music streaming app in that Budget?
The cost of an application depends on the features you want to integrate. As we are developing a mobile app, which is different from those available in the market thus, a fixed budget won’t work.
Does Your Developed App Works Across Platforms?
We believe in developing native apps is the best option. We have an experienced team of iOS and Android app developers to develop a Spotify app for Android and iOS
What would be the timeline to build a Spotify app from Scratch?
It requires detailed analysis, scoping and documentation to define the timeline. You can contact us to share your requirement details.
How to make money with apps like Spotify?
There are many ways app owner can earn through Spotify like App such as:
- The Freemium Upsell
- In-App Purchases
- Ads, etc.
Will Devtechnosys able to create an app like Spotify that will stand out of the jumble?
Definitely. We have a team of experienced mobile app developers, who fulfilling the client’s requirements after huge research. We develop an app from scratch, test it and after that, delivering to the client.
Why Devtechnosys is An Ultimate Choice for developing App like Spotify?
Devtechnosys always delight its clients by delivering projects on-time with excellent quality. We make our clients happy and even they appreciate our work by giving positive words. Check out our testimonial page for more information.