Cost of developing a music streaming app like spotifyWebmaster Octal
Spotify has a user base of about 140 million people with over 50 million of them being paying subscribers. Sounds so remarkable, isn’t it?
Launched in 2008, the amazing app has greatly revolutionized the music streaming industry. It has managed to amass $10 billion in profits by enabling the users to listen to music directly from the cloud without downloading it. The enormous success of Spotify has encouraged several app developers to build a similar app and replicate this success. Here, we will look at some of the significant features of Spotify app and learn about the cost of developing a similar app. Let’s begin.
What is Spotify app?
Spotify is a music streaming service that offers over 30 million tracks that can conveniently be listened online without downloading them. The app runs on all devices such as mobile devices, PCs, tablets and even television connected set-top devices.
The app offers the best way to listen to your favorite tracks easily and inexpensively. The service is available in the US, in most European and a few Asian countries.
Significant Features of a Music Streaming App like Spotify
Do not forget to include the following features in your music streaming app to proffer a delightful user experience.
Make sure to integrate a simple and quick registration procedure. Also, provide options for registering through social networking sites such as Facebook as that contains almost all important user information.
A simple user profile containing all his necessary details along with his music preferences is a must. This will help to anticipate the user’s music choices and make recommendations based on the same.
This feature includes providing music recommendations to the users based on their previous listening activities and personal preferences. Spotify has been leveraging this feature to enhance user loyalty. It’s “Discovery” feature frequently offers new playlists to the users that match their taste.
Push notifications can be used to remind the users about your app and entice them with attractive discounts, deals, and offers, tips, etc.
A Wide Collection of Music
This is undoubtedly the prime function of any music streaming app. Every user who signs up for the app expects to have access to a wide collection of music from different genres. Also, he should be able to create and save his own playlists.
Spotify comes with a search bar that allows the users to find their favorite tracks without any hassle.
The Spotify app allows users to start a conversation through personal messages within the app itself. This is not a must-have feature but it’s definitely worth considering.
Social Media Integration
The feature allows you to share your favorite music tracks with your friends and family on popular social networking sites such as Facebook, Twitter, Instagram, etc. This is a great feature and improves loyalty. Spotify obtained enormous success after social media integration.
Apart from these, Spotify comes with few features that are quite interesting. You can include these features in your own music streaming app to engage your users.
“Following” feature- This allows the users to follow other profiles on Spotify, may it be their friends or celebrities. After they start following another user’s profile, if there is an update such as the addition of a new track on his catalog, the user receives a notification.
Browse- This enables the users to browse playlists created by other users, even celebrities. This is a great option for finding new and interesting tracks.
Cost of Developing an App like Spotify
Before you plunge into the process of music app development, you must want to know how much does it cost to develop a music streaming app. However, the price is not a universal value. In order to determine the exact cost of development, you need to think through a lot of factors such as complexity of the project, number of features to be integrated, cost of development in different areas, etc.
Here, we will help you in listing the various pricing aspects and help you get a faltering idea of the cost.
Minimum Viable Product (MVP)
There are several ways to limit your cost of development, and one of them is building a Minimum Viable Product, i.e. a product with basic functionality. It is always better to develop an MVP, in the beginning, to see how your app fares at the market. An MVP will include:
Comprehensive User Database
Music recommendations and curated playlists based on user’s tastes.
Location of the App Development Company
It is imperative to understand that the development cost depends upon the region in which it is being developed. Every country has different labor costs and in places where the labor cost is high, the overall cost of development shall also rocket. Below are some of the most popular areas along with their labor costs per hour.
U.S. based developers: – $50 to $250 per hour
Eastern Europe based developers: – $30 to $150 per hour
India based developers: – $10 to $80 per hour
As you see, India seems to be the most feasible country for app development, offering expert labor at the most affordable prices.
Now, to summarize, for a music streaming app like Spotify, an MVP model will cost around $50,000 to $80,000. If the functionality is complex, the cost will escalate.
Music streaming apps have become quite popular nowadays. If you wish to develop your own streaming service, keep the aforementioned points in mind. Also, try to integrate some unique features into the app that further engage the users. You can get in touch with a reputed app development company to build an intuitive and appealing product. Get more information or a free consultation for music streaming app development .