Do you want to build an app like Shahid? If yes, you are at the right place. This blog is committed to providing a complete overview of the Shahid clone app development cost.
Video streaming applications have gained unprecedented popularity in today’s digital era. Companies increasingly depend on these platforms to exhibit their product or service offers because they know they will yield a more significant influence than simply creating a standard website.

As per a study, The predicted revenue for the Video Streaming (SVoD) industry is expected to reach US$2.02 billion by 2024. The predicted market volume is expected to reach US$3.22 billion by 2029, with an annual growth rate (CAGR 2024-2029) of 9.77%. This Data depicts a room for growth businesses looking to build their own content streaming app.

Read this blog if you are willing to build an app like Shahid but still determine the development cost. It provides a detailed analysis of the cost, factors impacting it, and ways to reduce it.

Introduction of Shahid App- Video Streaming App

Shahid is an international entertainment platform catering to the Arab population in the Middle East and North Africa (MENA) region. It is the first video-on-demand service in the Arab world powered by the MBC Group. Shahid provides a vast collection of Arabic content and a wide range of titles from Western, Turkish, Korean, and Bollywood sources, making it the largest Arabic library of its kind in the world. 

Businesses can enhance their business and increase visibility by investing in video streaming app like Aha or Shahid. It is advisable to get help from a mobile software development company. Professionals with extensive experience will assist you in developing distinctive features that will set you apart in the industry.  

Why Should Businesses Invest in Content Streaming App Development?

The video streaming market is experiencing explosive growth, presenting a lucrative business opportunity to enter. Here are 7 reasons why investing in a video streaming app like Shahid can be a strategic move:

• Enhanced Brand Building
• Recurring Revenue Streams
• Data-Driven Insights
• Content Ownership and Differentiation
• Global Reach Potential

1. Enhanced Brand Building

A well-designed and user-friendly video streaming app acts as a powerful brand-building tool. It allows you to showcase your brand values, engage with your target audience on a deeper level, and cultivate brand loyalty.

2. Recurring Revenue Streams

Subscription models are a cornerstone of video streaming monetization. Offering tiered subscription plans can generate predictable and recurring revenue, ensuring your business’s long-term financial stability.

3. Content Ownership and Differentiation

Developing original content can be a game-changer.  Hene, take assistance from a custom mobile app development services provider that can add exclusive shows and movies to yoru app. It will  differentiate your platform from competitors, attract new subscribers, and foster a loyal user base.

4. Data-Driven Insights

Streaming apps generate valuable user data on viewing habits, preferences, and content consumption patterns. By analyzing the data, businesses can gain valuable insights that can inform content acquisition strategies, marketing campaigns, and overall user experience improvements.

5. Global Reach Potential

Unlike traditional media, which is bound by geographical limitations, video app like Shahid transcend borders. This enable you to reach a world-wide audience, expand your market reach, and unlock new revenue opportunities.

How Much Does It Cost To Build an App Like Shahid?

The cost to develop a mobile app such as Shahid,might vary depending on factors such as its features and complexity. Typically, cost to develop an app Shahid ranges from $8000 to $28000. The provided table illustrates the correlation between the complexity of a feature and its impact on the cost of developing a content-streaming app.

Cost to Build an app like Shahid

Know the Cost Of Maintaining an App Like Shahid

The expenses associated with operating an app like Shahid include server hosting, content license fees, app upgrades, customer service, and marketing costs. The average monthly maintenance costs often fall within 15 to 20% of overall app development. Nevertheless, a meticulous examination of certain prerequisites, encompassing infrastructure, technological stack, and anticipated functionalities, would be indispensable to obtain a thorough estimation.

5 Factors Affecting the Cost to Build an App Like Shahid 

Suppose you are going to develop an app like Tubi or Shahid, before allocating the overall budget to build a video streaming app like Shahid. In that case, it is crucial to understand the features and technologies employed for their integration. Furthermore, it is essential to understand the factors impacting the cost to build an app like Shahid, ensuring the most possible return on investment.

• App Complexity
• UI/UX Design of The App
• Location of App Development Team 
• App Platform
• Tech Stack

1. App Complexity

The app’s complexity level significantly affects the Shahid app cost. For example, a sophisticated content streaming platform such as Shahid, which has a wide range of services, will be more expensive than an introductory video streaming mobile app with only a few integrated functions.

2. UI/UX Design of The App

An uninterrupted user interface and user experience design is essential for enhancing user involvement and maintaining user loyalty on the video streaming platform. To accomplish this, several testing processes must be employed to fulfill specific requirements that added on cost.

3. Location of App Development Team 

The geographical location of an on-demand app development company also influences the expenses associated with creating a platform similar to Shahid in the United Arab Emirates. For example, the cost of development per hour in regions such as Asia is relatively lower compared to the UAE, UK, or US.

4. App Platform

The selection of a platform for app development substantially influences the cost to launch a Shahid like platform. The iOS and Android platforms have distinct financial needs that vary according to different factors. Financial factors must be taken into account while developing cross-platform applications.

5. Tech Stack

By implementing a strong and comprehensive technological infrastructure, the Arabic video streaming app can quickly gain popularity in the market and set the stage for its inevitable triumph. Moreover, it is crucial to comprehend that the expenses associated with developing a streaming platform similar to Shahid fluctuate depending on the technology utilized in the application.

5 Incredible Ways to Reduce Cost to Build an App Like Shahid 

Developing top Shahid alternatives in 2024 can be a manageable financial investment. Here are some strategies to effectively manage your development expenses:

• Give Priority to Features
• Agile Methodology
• Consider Open-source Technologies
• Make Wise Decisions When Outsourcing
• Testing and quality Assurance

i. Give Priority to Features

Concentrate on fundamental features that deliver the central functionality of your streaming application. As per Android and iOS app development solutions providers, avoid non-significant features. You can insert them later when required. 

ii. Agile Methodology

This approach allows for dividing the project into manageable tasks and delivering updates in short cycles. As a result, it reduces the Shahid app development cost by minimizing the risk of expensive rework and ensuring that resources are deployed efficiently.

iii. Consider Open-source Technologies

Open-source solutions frequently provide strong functionality, support from a community, and cost-effective options as alternatives to proprietary software licenses. You can substantially reduce development expenses for the Shahid app for Android or iOS by utilizing open-source tools without compromising on quality or scalability.

iv. Make Wise Decisions When Outsourcing

Outsourcing enables you to tap into specialist knowledge and skills, lower labor expenses, and adjust resource allocation based on project needs. You can rescue the cost develop app like Shahid by delegating non-essential tasks such as UI/UX design, backend development, or quality assurance to external parties.

v.Testing and Quality Assurance

Hire dedicated developers to test yoru app. Identifying and resolving software defects, performance bottlenecks, and user experience issues during the development process can help avoid cost revisions and ongoing maintenance once the product is launched.

How to Monetize the Video Streaming App?

When seeking to generate revenue from content streaming apps, it is crucial to carefully evaluate and implement the most efficient software monetization methods. If you are going to make a video streaming app like Shahid, consider implementing the following monetization strategies: 

• Subscription Model
• Advertising 
• Freemium Model
• In-app Purchase 
• Affiliate Marketing

i. Subscription Model

Provide consumers with the opportunity to obtain premium content by subscribing monthly or yearly. Offer numerous subscription plans with different levels of features and costs to accommodate various user segments.

ii. Advertising 

Incorporate commercials into the application, including pre-roll, mid-roll, or post-roll video advertisements, or sponsored content. Employ tailored advertising to distribute pertinent advertisements to users according to their viewing interests and demographic information. 

iii. Freemium Model

The freemium model provides a free version of the Shahid app for iOS or Android with restricted features or content while encouraging users to subscribe to a premium version. As per the Android app development company this model  that offers exclusive material and improved functionality while earning money.

iv. In-app Purchase 

Allow consumers to buy extra content, features, or services from within the app. These options may involve renting or purchasing individual movies or seasons, accessing premium services such as offline viewing or ad-free streaming, or buying products associated with the content.

v. Affiliate Marketing 

Affiliate Marketing involves forming partnerships with businesses or companies to advertise and endorse their products or services through the app. Receive monetary compensation for every purchase or recommendation made through the application.

Wrapping Up! 

To Create streaming app like Shahid, it is crucial to engage in careful and detailed strategic planning and have a clearly defined financial plan. To create a prosperous platform, it is essential to fully understand the components of expenses and take steps to minimize them. To attain enduring success, prioritizing user experience, captivating content, and a robust monetization strategy is essential.

Dev Technosys is a well-known hybrid app development company specializing in OTT application development. It is known for delivering top-notch, cutting-edge, and user-centric app development services. 

FAQs On Video Streaming App Development

1. How Much Does It Cost to Build an App Like Shahid?

The estimated cost to create an app like Shahid ranges from $8000 to $28000. Nevertheless, the suitability of an e-wallet software will vary based on the specific features you desire.

2. What Technologies Are Used To Build an App Like Shahid?

The process of best video streaming apps like Shahid  involves the utilization of several technologies:

• Near-field communication (NFC) is a technology that enables contactless payment.
• Protected payment portals
• System for processing data on the backend

3. How Long Does It Take To Build an App Like Shahid?

The duration required to develop a Content Streaming App similar to Shahid might vary depending on several aspects. The development of a basic digital card typically requires a time frame of 3 to 5 months, however a more advanced or intricate application may take 10 months or longer to complete.

4. Does Mobile App Development Company Help In App Maintenance?

Indeed, you can request the assistance of a mobile app development company to ensure the continuous maintenance of your e-wallet application, thereby fostering user engagement.