How to Develop a Music Streaming App? Features & Costs
Did you know that music streaming segments are growing by leaps and bounds with an estimated revenue of US$23,229m this year in 2021.
In this blog, I will discuss everything you need to develop a music streaming app, how it works, and all the must-have features.
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I am sure you understand how important music is in our lives. People simply won’t even survive if they don’t listen to their favorite jam. Well, some do. But I am talking about the majority here and like they always say, ‘majority is authority’, and therefore music is life. The astonishing thing is – gone are the days when people used to download mp3 tracks on horrible internet speed. This is an age of music streaming apps now such as Spotify, Sound cloud, Apple Music, Pandora, etc. Speaking of which, you can easily see that the music streaming apps are becoming quite popular, as a result making the market hugely profitable for companies with similar niches. But for those who are still in their headspace about making such apps, a bit of honest advice – it’s high time you develop a music streaming app before something better or challenging comes up as a replacement.
Have no idea where to begin? In this blog, I will discuss everything you need to build a perfect solution including how music apps work, how you can create your music streaming app, and all the must-have features.
But first things first – let’s have a quick overview of the industry.
Some Important Stats About Music Streaming Apps
Studies by Statista show that music streaming segments are growing by leaps and bounds with an estimated revenue of US$23,229m this year in 2021. Thanks to the high-speed internet.
If we look at a global comparison, the United States will generate the most revenue in 2021 – US$8,669m approximately. Plus the total number of users is anticipated to reach 913.2m by the year 2025. Based on the above-mentioned statistics, you can easily deduce that the market is thriving.
However, competing with global giants such as Spotify can be very challenging. Platforms like Pandora or Spotify have spent years in the making and if you are thinking that you can overthrow the crown just like that, you are boldly mistaken. Spotify has some of the biggest user-base. If we take a trip down memory lane we can see that Spotify has 45 million users in Quarter 4 of 2020 and 155 million subscribers.
Popular Music Streaming Apps in the Market
They say it right, ‘you need to know your competition to beat your competition’. Let’s look at some of the industry leaders to understand what you can do differently and become the talk of the town:
Spotify is leading the race of the best most popular music streaming services. Spotify has over 70 million songs in its library. The app is pretty much available and accessible on every device – accessibility being one of the many reasons for creating an inclusive whole.
It offers a decent quality of music (320Kbps) along with different levels of pricing models both premium and free – so everyone can easily get their music fix. Just FYI – Drake is the most streamed music artist – with 36.2 billion lifetime plays on Spotify alone.
Yet another important app in the market and the dearest to Apple lovers and owners. Apart from being a strong competitor, Apple music surely has some amazingly curated playlists.
Plus the high sound quality is just a cherry on top. Apple Music was launched back in 2015 and is considered the second largest among its competitors, Spotify being the first, for obvious reasons. Apple music had 72 million subscribers around the world back in June 2020 – consistently growing with every passing day.
A marketplace, a video streaming service, and now music! Amazon never ceases to surprise us. Even though it offers an excellent catalogue of music with quality sound but unfortunately the service is paid with no free tier.
You can access the service at £9.99 per month and if you are a premium user, you are in luck – because Amazon offers excellent discounts specifically to its premium users. Also, it is ad-free. 48.3 million users in the United States listen to amazon music which is a surprising jump from 30.4 million back in 2018.
Another familiar name! Compared to youtube’s 2 billion monthly users, youtube music’s premium subscriptions were estimated at 30 million in October 2020. This music service seems to be rather underrated. But gradually it has started to get on with the challenge of making its mark.
It has a lovely user interface, terrific search functionality, and a long list of amazing songs. But on the downside, competition is still very severe.
Music lovers can get their groove on with Pandora as well. It is one of the most recognizable music apps there is. It is accessible through a plethora of platforms and offers some amazing features. The app generated $1.69 billion in revenues back in 2020, which was less than 2019 – showing a rather gradual decrease in its profits.
Initially, pandora had 58 million active listeners per month, the number of users has also seen a decrease since 2016. So is Pandora the real giant – well not exactly the giant but still a recognizable app among competitors.
How to Develop a Music Streaming App?
Everything starts with an idea. At first, you need to have a plan, analyze the scope of the market, check out your competitors, and see whether the market is favourable enough to validate your idea. If the answer is yes, then comes the second stage.
You should be developing an app – that is for everyone and not only caters to a smaller portion of a huge chunk of what your target audience might be. But be very clear about it – because applications already existing in the market cater to different audience clusters. For example, Spotify attracts millennials whereas Pandora is more focused on financially rich users.
Type of Streaming Service
There are different types of streaming services when it comes to music, to be precise. Is it a music library like Spotify? For maybe cloud storage like Groove music or better yet Radio stations like Apple music? You need to be clear about the type of app you are most interested in – and then do the needful.
Design plays a very important role in the overall success of your app. People should be able to easily navigate through the app without getting lost. The interface should be clean and simple. Make sure to follow the accessibility design guidelines to make it a real MVP. Steer clear of meaningless features.
Deploy an MVP
Before you push the app to a global audience – release the initial version for beta testing. Because this is where you get real feedback from your potential users. Based on which you can improve your application and save yourself hundreds of dollars.
Important Features for Music Streaming App Development
Here, in this section, I will talk about key features to develop a music streaming app like Spotify:
- User registration and authentication
- A comprehensive music library
- Seamless navigation
- Ability to create playlists
- Ability to add or remove songs from the playlist
- Offline mode
- Search functionality
- Music sharing capabilities through social media integration
- User-friendly interface and a well-thought-out UX design
- High sound quality
- Payment gateway integration for premium users
- Option for downloading music for offline listening
- Tailored recommendations
- Push notifications
Important Things to Consider – To Develop A Music Streaming App
As mentioned earlier, an estimated 14% of the global population use streaming apps. Plus the market size grew by 17.8% from 2020 to 2027, according to studies by Grandview Research. Therefore, it’s never too late for you to step into the market. But make sure to know all the pre-requisites to deliver a killing product. Keep the following things in mind, if you want to develop the best streaming app for Android and iOS:
Stability is the Key
Why? Because no one likes instability and if your app lags and the song doesn’t play as fast as it should – people will get frustrated. The smoother the app, the better the loyalty. Therefore, you need to make sure that you have great servers, spread across different regions.
Licensing for Compliance
Just like any other software product, music streaming apps also require compliance with copyright laws. Therefore, you need to make sure that you follow the licensing requirements according to your region. For example, in the USA compliance with The Digital Millennium Copyright Act (DMCA) is a must-have for a music streaming service including a sound recording and musical composition License.
Personalization for Tailored-Content
Nowadays, no one wants to search for the same song every time they open the app. They just want the app to automatically fetch it for them. Plus, if you want to compete with global giants, you ought to offer tailored content based on your user’s search and listening preferences and behaviours. For that, make good use of Artificial Intelligence and Machine learning technologies.
Data Storage for Large Volumes of Data
You need good servers for obvious reasons. Your music streaming app will have hundreds of thousands of millions of songs, better option is to make use of cloud technologies. To accommodate that Google cloud storage is the best way to go about it or better yet Amazon Web Services can always come in handy.
How Much Does it Cost to Build Your Own Music Streaming Service?
To develop a music streaming app, outsourcing dedicated teams is the best option since it can help you save almost 70% of your costs otherwise spent on in-house development. Hourly rates vary from country to country. It can start from $35 and go upto $200, all depending upon the region. Now for the development costs to develop a music streaming app like Spotify, you are looking for straight up $40k – $50k investment or even higher.
If you are interested to know about the detailed breakdown of the total costs, feel free to get in touch with one of our business development experts.