Did you ever think about what would life be without music? Well, there are too many definitions of music that cannot be defined in a single word. Music is something that we are all touched by. Music is something that can buoy your mood and fend off depression. Most of our days start with listening to music and end with the same. At home, morning walks, on the street with headphones, traveling, workplace and in the eternal waiting, the music is all around us.
In the last couple of decades, the music industry has grown up tremendously, all thanks to the new technology. Gone are the days when we managed to use Radio and Television to listen to music. And today, in the mobile-driven world, we all are known as the streaming generation that are using Spotify, Amazon Music, Deezer, Tidal and iTunes apps to listen to music that we love. The advent of new technology is also making it more of a competitive field for artists, musician, and music companies.
There are various music streaming applications in the market that have dominated the scene. Spotify, Apple Music, Amazon Music, Deezer, Tidal and Pandora are the most popular music streaming mobile applications that allow users to listen to music directly from the cloud without downloading it. Some apps let you listen for free, while others charge for a premium account.
As per the Statista report, the digital music industry has earned revenue of USD 7.8 billion in 2016. And, it’s expected that it would touch $ 10,961 million in 2021.
Let’s discuss the most popular music streaming application- Spotify.
Spotify is a Swedish based Audio Streaming Platform, which is ruling the music streaming digital market with over 140 million people worldwide. Over 50 million of them are handling premium account to access full content. It has over 30 million songs or tracks in its library that can conveniently be listened online without downloading them. Launched in 2008, this multi-billion app has greatly revolutionized the music streaming industry. The total revenue of the company is $5.98 billion (FY 2018), while the net profit is $88.65 million (FY 2018).
Spotify runs on all operating systems, including iOS, Android, Window and supported Smart TVs. Users can access their favorite tracks from over 30 million songs/tracks for free by signing or logging into the account. Basically, Spotify is offering a free and premium account that carries different properties. In the free account, you can’t download songs to listen in offline mode, and you will get unwanted ads while listening to music. However, premium accounts are unrestricted. The monthly subscription for a premium account costs $9.99. This price covers unlimited access to a huge vault of music.
What makes Spotify the best music streaming app? Its eye-catching design and functionality make it better. Let’s discuss the features of the music streaming app.
User Interface: There are various music streaming apps running in the market. Some of them are doing well while some are not. Are you serious about your music streaming app? Then you need to focus on uniqueness. User Interface, it’s the main point where the users interact with the design. You should consider a gesture-based 3D design interface with bodily motions.
Platforms: You can build and run your music streaming app for one platform of your choice, if you are getting a huge response from the listeners then you can choose other platforms- mobile and web. Do you know? Spotify has started its journey with a web-based platform. After a few years, they launched a mobile application for both Android and iOS.
Uses of Devices:
Copyright & Legality: Licensing & Copyright, it’s the most important aspect that you need to consider while music streaming app development like Spotify. Remember your music content should be legal or licensed. It’s a so-called legitimate environment where you need to follow the rules to provide your music streaming services. In the United States, it can be handled by one of three agencies- The American Society of Composers, Authors, and Publishers (ASCAP) or Broadcast Music Incorporated (BMI). Whereas, if you want to provide streaming music services in Europe, then you have to get approval from the Society of European Stage Authors and Composers (SESAC). Moreover, a particular share will have to be paid to artists, bands or musicians for using their content or music.
Monetization: Applying monetization models will help you earn massive revenue from the music streaming application. In the music industry market, most apps of this type rely on various monetization models. Provide your listeners with free access to your music streaming service. In the subscription-based monetization model, allow your customers who wish to download music of their choices.
Data Storage: Data storage, it’s also a matter of concern, you have to focus on data storage, where a large amount of content will be stored. For this, you can consider such services as Amazon S3 bucket, and Google Cloud Storage. The mobile app developers keep focussing on cloud storage because thousands of requests hit per second.
How can one start developing a music streaming app like Spotify? Take a look at the factors or certain things that we have discussed above. These factors are very useful and help you if you are serious about your music streaming app idea. The success of Spotify has encouraged several app developers, music streaming app development companies or startups around the world to build a similar app like Spotify and replicate this success.
The development cost of developing a music streaming app like Spotify is based on various factors. Whether it’s development, marketing or licensing. Any music streaming app development company or mobile app developer can’t come with the exact cost. The total cost of music mobile app development depends on the features, design, technology, and platforms.
There are various music app development companies in the market the charge per hour basis. Thus, locations also matter, the cost of app development also depends on the locations as of where the app is being developed. Cost comparison of app development in details. Such as,
The expected development cost of the Spotify clone app is around $25000 for Android and $35000 for Android and $15000 for the website.
Want to create a music streaming app? Feel free to contact us and share your idea.
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