Due to the evolution of OTT app development, multiple modes of entertainment are available. Once upon a time, people used to wait for their turn to buy tickets at the theater. However, a fanbase still used to watch movies in cinema halls. But you will be surprised to know that viewers have been shifted to mobile apps where they do need to wait. They can directly watch their favorite movie on their devices, such as mobile phones and TV, with the help of video streaming app like HBO Max.

People like the concept, and it has set the trend. The content creators have changed the pattern, including movies; they are focusing on OTT shows, series containing episodes that come in seasons. Now, big movie houses are also focusing on releasing movies and web series on OTT platforms, where app like HBO Max,  Netflix, Hulu, and more are playing a crucial role.

From the business point of view, there are several benefits to having video streaming apps for business. We have created this article to share valuable information with readers interested in developing video streaming apps. So, let’s start exploring the blog.

 

How Does a Video Streaming App Like HBO Max Work?

Before investing money to create an app like HBO Max a business expert must know its working steps. In this section we are discussing the major working steps which are as follows:-

 

 

• Account Registration

A video streaming and entertaining platform should be easy for registration and login as well. Business professionals can contact IT consulting services in their region to facilitate affordable development of security infrastructure for storing user credentials.

 

• List Interest

Users can choose their favorite movie genres from a list of more than hundred categories. It is advisable for business investors to invest money to develop an app like Peacock TV with long hours of video content. Viewers would definitely prefer your platform for content variation.

 

• Enable Settings

Next step allows users to permit the video streaming app to use background services of mobile devices. But, this can compromise with the security of users’ information. So, you can invest money to build a live streaming app with secure and necessary app settings.

 

• Search Content

A video streaming and entertainment app like HBO Max provides fast and accurate searching methods to the users. This increases their productivity and allows less time consumption. It is profitable to build an app like Disney+ Hotstar that offers content within a span of a few seconds.

 

• Start Watching

After finding the required content viewers can start watching shows and movies. They can apply multiple on-going video and audio settings to increase their viewing experience. But, for a business investor it is crucial to know the cost to build a video streaming app with qualified and tested screen resolution.

 

• Download Preferences

Live video streaming mobile apps like HBO Max allow users to download videos of their choice for viewing offline. To implement similar features in your mobile app you can contact an entertainment app development company that can offer you with these services at reasonable development rates.

 

• Join Community

There are a lot of mobile apps that provide community options to the users to share their viewing experiences with other users. An app like Amazon Prime is the famous example of this process in which users can also recommend video content to get royalty rewards.

 

 

Key Stats of Video Streaming App Development

 

 

Before we go deeper into this blog, it will be fantastic to read some key stats about video streaming app development.

● In 2022, the video streaming(SVoD) segment’s revenue will be US$80.83 billion, and it is projected to reach $139.20 billion by 2027 with a CAGR(2022-2027) of 11.48%.

● The ARPU average revenue per user in SVoD is $69.66 in 2022.

● By 2027, the number of video streaming app users will be 1,636 million by 2027.

● In the USA, SVoD revenue will be $34.10 billion in 2022, and it is expected to be $54.66 billion by 2027 with a CAGR (2022-2027).

● Till further updates in stats, OTT TV and video revenue worldwide is 135.1 billion, and the total number of OTT users is 3.08 billion.

 

 

● In Q4 2021, HBO and HBO Max subscribers were 70 million, and it is expected to reach 150 million by 2025.

 

What Is HBO Max?

HBO Max is a pioneer Video streaming app with a huge fan following. If you are new to this app, there might be a question: What is HBO Max?

 

 

So, it is an app that streams movies, TV shows, web series, and other video content. It is from Home Box Office, Warner Bros Discovery’s parent company. While using this app, you can also access other content from Warner Bros Library. All Warner Bros movies find their new home at HBO Max after leaving the theatre.

There is no need to mention that shows like The Sopranos, Game of Thrones, or movies like the Matrix trilogy, Lord of the Rings, etc., are available on the app. It will excite you that you can watch all the episodes of Friends- one of the famous shows of the 90s.

After replacing HBO Go and HBO Now, HBO’s launching date was May 2020. Now it is available in 55 countries and has 70 million subscribers.

Also Read: How To Develop An App Like Bigo Live

 

Making Of A Video Streaming App Like HBO Max

Making video streaming app like HBO Max is not easy, although it is possible. You need to follow some steps carefully. In this blog section, you will find useful information about how to create a video streaming app like Youtube or HBO Max.

Developing a robust video streaming app requires advanced technology or tech stack, idea formulation, a team of video streaming app developers, testers, and others.

Let us have a glimpse of the key features of HBO Max. It will give a basic understanding of the app and then determine the steps to create the video streaming app.

HBO Max has been designed to focus on the app’s user experience and usability. Several features make this stand out from other competitors like the Netflix app and Amazon Prime Video, including:

• Ability to download videos for offline viewing.
• Ability to watch all episodes of certain series without having to wait for new ones to arrive.
• A one-tap resume function
• An updated design that includes a section for trending shows, movies, and the most popular categories.
• An easy-to-use calendar that can be set to show upcoming events or past events

Now, let’s come to the question again – How to create a video streaming app?

So, here are the steps to turn the idea into a real video streaming app like HBO Max.

 

 

Step 1. Identify Your Needs

The first crucial step to creating a video streaming app is to identify the need for it. Obviously, you want to develop it for business, but do you want to develop it for full-length video streaming like Netflix, or do you want to develop it for streaming short videos similar to an app like TikTok?

 

Step 2. Idea Formulation

Once you decide on the need, the next step is to formulate the idea. The idea formulation stands for deciding about the app’s functionality, features, UI/UX, backend, streaming servers, and others. Still, if there are doubts, then it would be best to discuss them with experts or a trusted mobile app development company.

 

Step3. Identify Technical Requirements

A fine tech stack is always required for the seamless experience of the app. It will be according to the platform on which you will launch your app. The next points to be considered are how many online sessions can be with the app and the stable architecture for creating the best user experience.

Read More: Best Apps Like HuraWatch

 

Step4. Team Formation

The team formation will be based on the size of the app; if you need a small-sized app, then it  can be done with a team size of 3-4 experts, but if you need an app like HBO Max or Netflix, then you need to create a complete team that includes:

• Project manager(1)
• Team leader(1)
• UI/UX Designers(2)
• Graphic Designers(2)
• Web Developers(2)
• Mobile App Developers(Android or iOS 3 to 4)
• Testers or Quality Analysts(2)

 

Step5. Content Delivery Network and Hosting

Content Delivery Network or CDN is like the soul of a video streaming app to deliver content in a subtle way. Hosting ensures faultless and quality streaming of videos so the viewers can enjoy their favorite content. The perfect example of CDN is Amazon S3. Choose it carefully, as the execution of the app depends on it.

 

Step6. Frontend and Backend Development

The actual coding to create the app will take place at this step. The frontend development is for the visual appearance of the app & website, and the backend is for connectivity with the database, connection with the server for streaming, user account creation, and more. Backend development requires hardcore programming, where mobile app developers for hire can help you the best.

 

 

Step7. Feature Development

Features are the components that make strong bonds between users and apps. Usually, the features remain categorized into two – basic features and advanced features.

• Basic Features: basic features stand for the MVP version of the app, where you will launch the app with core functionality. It will help you to gain real-time feedback.
• Advanced Features: the features that make an app advanced in terms of execution, use, and functionality are called advanced features.

 

Step8. Testing

Did you know that crashes cause 71% of app uninstallations?

If not, remember that whatever app you want to develop, wait to launch before testing. This principle is applied to all. Testing is not only to ensure the app’s quality but also to bring out the real potential of the app. The quality analysts ensure that no bugs are left in the app’s final version. for better results, it would be best to take a consultation from a video streaming app development company. The experts will help you to turn your video streaming app idea into reality.

 

Features of Video Streaming App Like HBO Max

Suppose you are looking to develop a video streaming app and want to know what features to include in the video streaming app similar to HBO Max. The features can be categorized as follows:

 

1 Basic Features

 

 

● User registration: users can create their account on the app with their phone number and email id.

● Profile creation: a user can showcase their interest and some details such as name, email id, and others.

● Search bar: powerful search bar allows users to search for their desired movie, web series, and show.

● Search filters: users can search for a movie or a tv show by applying filters in the search bar.

● History: the history option showcases what movies users have watched based on date, week, or month.

● Wishlist: video streaming website or app users can make their wishlist of which upcoming shows they want to watch.

● Favourites: suppose there are any movies or shows users want to watch multiple times, then they put them into favorites.

● Playlist: users can create a customized playlist to enjoy the available content on the app.

 

2 Advanced Version

 

 

● Content suggestion logic: most of the new-gen video conferencing Apps come with content suggestion logic that suggests personalized content to the user.

● Offline watching: It allows users to download and watch movies offline so they can watch them anywhere without the internet.

● Geoblocking: with the help of geolocation features, you can allow or restrict the users to watch the content.

● Social Sharing: social sharing allows users to share information about shows and movies. It will also help you to create indirect publicity.

What is a Video Streaming App? How Video Streaming Apps Work in 2023

 

What Are The Advantages Of Video Streaming App Development?

For a business expert it is important to know the benefits it will get for managing the cost to develop an app like HBO Max. Below are a few motivating advantages of HBO Max app development:-

 

 

1. Consistent Market

The major advantage to create a video streaming website is that it provides variety in content to the users thus engaging them on the platform. That is why the entertainment industry is one of the most largely invested sectors which is consistent even in adverse market circumstances.

 

2. Large Profit Revenue

To gain large profit on viewing video content you can build an app like Discovery with effective monetary structure. Entertainment industry is one of the largest profit gaining sectors across the globe which attracts millions of users on a daily basis.

 

3. High Data Acceptance

Because of the high exposure of video streaming apps among the users it allows numerous data to get stored everyday. It is a good opportunity for you to create a mobile app for the live video streaming industry to channelize user data to enhance their experience and your earning as well.

 

4. Target Multiple Audience

The entertainment industry is the leading among the users and attracts users from all over the globe. This provides business investors a golden opportunity to build an app like Netflix that has viewers in billions. You will implement effective algorithms for manipulating users’ intentions.

 

 

How Does OTT App Earn?

If your question is how an OTT app earns or how to monetize the OTT or video streaming apps then it works in the following ways.

 

 

1. Paid Apps

If a video streaming app is based on a paid model then users have to pay once after confirmation they can use the app and access the complete content.

 

2. Freemium Apps

The freemium business model works like the basic version is free. Suppose, if users need advanced features in the app then they can purchase a premium version.

 

3. Third-Party Ads

Under this model, app owners earn by allowing third parties to showcase their ads on their platforms.

 

How To Manage Budget To Create An App Like HBO Max For?

In the development process it is crucial to manage budget to reduce the cost to create a video streaming app like HBO Max. Here are the major budget management techniques which are listed below:-

 

 

1. Market Research

 

Why:-

Observing market trends is important for a business to stay updated about the latest inventions in the domain to get advantages of video streaming app development.

 

How:-

You can contact a HBO Max app development company to do case studies of different mobile applications to get an idea of the market inclination in the video industry.

 

2. Make A Prototype

 

Why:-

Development of a prototype is necessary to identify the features, tools and cost of the final product with the advantages of video and live streaming business.

 

How:-

Contact an MVP development services provider to hire dedicated developers for building a model replica of your video streaming mobile app.

 

3. Mark Expenses

 

Why:-

Listing temporary expenses is mandatory to reduce HBO Max app development cost as it restricts the excessive usage of development resources and helps.

 

How:-

Hiring app developers for OTT app development is a benefit and advantage of video streaming. You can utilize them according to your app requirements.

 

4. Set Development Priority

 

Why:-

Setting development goals is crucial in the development process to facilitate security, launching, maintenance, and updates along with managing funds.

 

How:-

Make a plan within the scope of your budget expectations for iPhone app development. List every possible expense separately to increase benefits of live streaming.

 

Cost To Create A Video Streaming App Like HBO Max

In order to create a video streaming app like HBO Max a business expert has to lose its pocket because of the expensive development market. The HBO Max app cost is dependent on various factors like app complexity, development tools, and app maintenance.

Typically, the cost to build an app like HBO Max is around $8000-$14000. Whereas, the entertainment app development cost may increase up to more than $26000 because of the incorporation of advanced features. Below is a table showing the cost to make an app like HBO Max:-

 

App Structure	Development Time	Estimated Cost
Simple App	5-8 months	$8000-$14000
Moderate App	8-12 months	$14000-$20000
Complex App	More than 12 months	$20000-$26000

 

 

Why Video Streaming App Maintenance Is Significant For Business Investors?

App maintenance is one of the most important tasks after the development and launching of a video entertaining mobile application like HBO Max. Along with this app updates and security also play a major role in transforming a simple mobile app into an efficient and competitive one. 

There are various on demand app development solutions in the market from which you can take support and maintenance services. The maintenance and update cost is useful for better execution of the development process and enhancing app productivity.

According to the market information the cost to maintain a live streaming app is also very crucial to know which is around 15-20% of the original video streaming app development cost. So, as a business expert it is your priority to focus on hiring a proficient video streaming app development services provider.

 

Keep Your Business Entertained With Video Streaming Apps Like HBO Max!!

Giving businesses a notion to develop video streaming apps like HBO Max is a great motive, but it does require significant expertise in app development. If your knowledge is only basic, consider consulting with an experienced video streaming app development company. This way, you can boost your development process to successfully launch your video streaming app.

The video entertainment app industry is booming, generating profitable revenue. These applications are user centric and attract a lot of customers which is an added advantage for the businesses. They have a close relation with the entertainment sector that creates a good opportunity to invest in android app development services. By focusing on the features that could encourage you to make a video and live streaming, you’re on the right track. So, take your dream forward and enjoy the journey!

 

FAQs

 

Q1. What Is The Time To Develop An App Like HBO Max?

The video streaming app development time is based on two different categories:-

• If a mobile app is developed with less complications, the time is around 5-8 months.
• But, to develop a video streaming app with secure algorithms needs a time of more than a year.

 

Q2. What Is The Cost To Build A Video Streaming App Like HBO Max?

The development cost is bifurcated in two different ways to calculate:-

• To develop an app like Mubi with less features the cost ranges between $8000-$14000.
• Development of a video streaming app with an innovative mindset may cost around as high as $26000.

 

Q3. How To Maintain A Live Streaming App Like HBO Max?

There are two methods majorly used to maintain a video content app like HBO Max:-

• Provide your live video app with regular updates and installation packages.
• Contact a mobile app development company to ensure security measures with thorough app testing.

 

Q4. What Are The Video Streaming App Development Benefits?

A business expert can experience the following two major benefits from video streaming app development:-

• Access to a large amount of user data.
• Effortless marketing and profitable business earnings.

 

Q5. How To Market A Video Streaming Mobile App Like HBO Max?

Marketing methods to expand the business of a live streaming app are listed below:-

• Run ad campaigns to spread awareness of regional issues through video platforms among the users.
• Provide your own app services to the users to become unique in the market.

 

Q6. How To Manage Budget Before Starting Live Streaming App Development?

Budget management techniques are important to reduce the development cost. They are as follows:-

• Do market study to build a movie streaming app like HBO Max before investing.
• Refer MVP development to get the idea on the features.

 

Q7. What Services Dev Technosys Provide To Develop A Video Streaming App Like HBO Max?

Dev Technosys provide the following services for the development of video streaming applications:-

• Precise use of development models in accordance with latest tools and technologies.
• Commercial support throughout the development process.