When you build a live streaming app you definitely want your app to be talked about. Keep in mind that Cleveroad’s outsourcing option is as qualitative as in-house product building, also having the best perks of software outsourcing. The vendor then develops your application from scratch, while you can switch to business development.

You just need to find a company that suits your requirements, tell them about your project and enter into cooperation. In addition, many countries are open to you that are full of specialists, of various levels and companies who are ready to provide you with their services. For example, the average hourly rate for a developer in Central Europe (a popular outsourcing destination) is $50 per hour, which is significantly less than $150 per hour in the US. This strategy is attractive because of its cost flexibility. In addition, if you do not have technical knowledge, you will need the help of a specialist who will help you carry out the hiring process and hire the necessary specialists.Ī project outsourcing will be a perfect option especially if you’re on a budget. However, this approach is suitable in terms of having enough budget, as you will need to rent an office, equip it and then start the long and tedious process of hiring employees. If you want to build an application and maintain it for the long term, an in-house development team may help you. This number of views is resulted from 63% of people aged 18-34 watch live streaming content regularly.Īs you can see, the live streaming market is a very promising place and if you enter it with a well-thought-out application, you will definitely get a return on your investment. In total, Twitch has 9.3 billion hours of watched content. However, the Twitch platform is still the leader in terms of audience and time of views. Moreover, 68.2% of all Internet users are using live-streaming apps.ĭuring this period of growth, many streaming apps and platforms have experienced unprecedented increases in audiences. For example, the live streaming industry has grown by 99% between April 2019 and April 2020, which is a staggering indicator. However, it should also be said that the growth of this market is very rapid. We have already mentioned its prospects in the future.

And the live video streaming market has something to surprise you. Before diving into live video streaming app development, you should first study the market you are going to enter.

Popular streaming software for twitch