In the last few years, music trends have been through a landmark change. The swift Internet permeation and the functional use of mobile devices have resulted in the rising and development of several music applications like Shazam, Apple Music, SoundCloud, and Spotify. Most people are questioning – How do I make a music app so famous and successful or how do I successfully build a music streaming application? You are given a one-of-a-kind opportunity to adapt to an actively growing market with a set of free niches, and it is likely there won’t be another, so if you are planning to create a music app or build your own music streaming service, it is time to start working towards it! Owing to the pandemic, the market is more appealing than ever before. As per the TME group, income from subscriptions expanded by 70% in 2020’s first quarter.
Spotify – This is the biggest music streaming app. But it’s not the standalone service it offers as Spotify users can hear audiobooks and podcasts. Released in Sweden in 2008, Spotify is consistent in growing its audience yearly, and its yearly revenue is in billion euros. One of the primary benefits is exact recommendations and the comparative ease of adopting new artists in the service. You can now create your own music streaming app also.
Pandora– The first one from a range of others to give priority to personalization, which was later taken over by Apple Music and Spotify. Presently, Pandora makes use of AI to make suggestions. With a revenue of $1.69 billion, the number of active users on a monthly basis reduces every year.
Apple Music – This app flaunts a powerful music collection that you can use together with Siri and other connected devices. There is an attached radio station available. Apple Music has generated $4.1 billion in inflow owing to an audience of 72 million. In June 2021, they included an alternative to music listening in lossless which took over the favor of high-quality recordings and connoisseurs.
Music Streaming App Development Trends
Are you thinking of how to build your own music streaming app or make a music streaming website? The procedure is very easy. Such apps provide user-friendly access to the users letting them listen to their preferred tracks or music. These days people are leading very busy lives and don’t really have the time to review an available list of songs, make a playlist and sort/arrange them and then start listening. What they choose is to just open the app, listen to their favorite tracks or music with only a few taps. In these music apps, the available music which has to be streamed can be easily personalized according to the user’s preference and they only need to get access to the web and dive into the music world. You should know how to make a music streaming website which is not that difficult to learn.
Market Statistics of Streaming Apps & Platforms
Recent statistics are proof that from the year 2014-2020, the revenue from music apps has gone beyond 500%. Not only that, but since 2019, expansion in terms of turnover is anticipated to be more than 100 billion USD on a year-to-year basis until the year 2023. This consistent increase in the number of app users assures repeated revenue for the music app industry. You can now also create a music streaming application for Android.
Types of Music Streaming Applications/Services
Popular apps like Apple Music, Amazon Music HD, Soundcloud, Spotify, Youtube Music, and Pandora are bracketed under this app type. The users typically get access to unlimited songs with a payment structure of a monthly subscription. So, there would be zero expenses on buying single albums/songs/music. When the consumer chooses Amazon Music HD, they can get access to up to 50 million files that can be streamed. This would be double more than other services. The files here can be streamed in 24-bit uncompressed FLAC files.
pCloud, Beat, CloudPlayer, AudioBox fall under this app category. Generally, the huge platforms offer cloud storage to arrange and monitor the media files. For example, pCloud is well-known to provide 10GB of online storage which is free and it allows users to play online media files, and also has an option of locally encrypted secure.
iHeartRadio, AccuRadio, SiriusXM are well-known in this app category. The radio stations are widely known to attend to the music automated search which is delivered to the users on an instant basis like curated lists, genre playlists, artist-centric lists, and lots more. They are user-friendly, have features available for Android & Ios app versions.
Primary Features of Personalized Music Streaming App
· User Registration – Lets users log in and sign up for enhanced service experiences
· Discovery of Music – Lets users discover albums/songs from many genres
· Voice Search – A way to upscale your streaming app is by incorporating voice commands. As the voice search becomes commonplace, this is a quick solution that simplifies the user experience.
· Offline Availability – This feature can to large extent simplify the user experience with an easy download feature on the playlist screen
· Multilingual – Music from several languages to serve multi-lingual Indian residents.
· Help & Support – For help and support options of the music streaming app
· Pre-save feature – Lets users save the album prior to release. After the release, they are the first ones to get accessibility to the album.
· Lyrics– Lets customers sing along to a fun and exciting tunes
· Personalized Playlist – Lets users create a personalized playlist of their favorite tunes and songs.
· Social Media Integrations – People like to share their favorite tunes. This is a great option for users to share their favorite music through the service tag
· Navigation – Defined navigation and interface allows users to feel comfortable to intelligently navigate via the app.
· Social Sharing – Social media integration and on-demand music streaming make the authentication process so much easier. It offers a space for creating an app community via features like sharing songs with your friends.
Real-time dashboard – This feature helps with tracking the app performance in real-time so the necessary measures can be taken in a timely manner to improve performance.
Real-time analytics – This functionality is useful to decipher and track data on a real-time basis with the help of some API users and technologies. It is helpful to track conversion, user measurements, ads tracking, ads visitors, etc.
Adaptive Bitrate – This is important to ensure streaming quality dominates so that the users are happy with the app and don’t want to go anywhere else.
Multiple Codecs Support – Users are provided with multiple codecs support and this is beneficial and hassle-free.
CMS Integration – It is a beneficial feature that lets app users read accurate information about the system and know more about it.
Payment Gateway Integration – This feature is very important and without payment integration users would find the payment procedure confusing, and they may midway leave the app owing to this.
How to Monetize a Music Streaming App
Advertisements – Most users are not interested in subscribing to the paid version right away – so there are several ways to make a music streaming application – you can incorporate an extra business model to get revenue from with the help of advertisements. Advertisements are the conventional medium to monetize a mobile app. You can always learn how to develop a music app.
Subscription – There are a lot of subscription model types available out there, the most important and lucrative is the paid subscription. Only the users who have bought the subscription will get accessibility to the app. You can now create a music streaming app easily.
In-App Purchases – This is one of the most dependable app monetization strategies. This gives the consumer free will to opt for what they want and pay for only that specific choice.
Freemium App – Apps which offer free versions with lower or equivalent access to exclusive services are given preference than the ones which do not follow this structure model. More people are attracted to this platform. They probably will be freemium subscribers but have higher chances of turning into potential paid ones.
Music streaming services or audio streaming platforms let users receive on-demand playback to over a million songs. Customers love access to functionalities and facilities. There is a vast spectrum of radios services and podcasts which a user can take advantage of. Building a music streaming app which consumes less data is possible. A few functional models can be used intelligently.