Live Streaming Apps are going to be the future of the mobile application market. Know how?

We are in 2020 and mobile apps are completely dominating the technology market. Of course, every business needs to have a mobile application these days.Eventually, the real-time content finds humongous importance to drive a lot of conversion on social media.The real -time content is nothing but real-time data, real-time live streaming videos, and responses.According to a survey, 60% of smartphone users prefer watching a video rather than reading a text.Embracing live-streaming apps has to be the Only way businesses can thrive.Eventually, the businesses will approach mobile app development companies to build live-streaming apps.

What is a Live Streaming App?

It allows thousands of users to watch interesting things in real-time.Well, the game players are the frequent users of this technology.Apart from that, the most familiar social media apps like Facebook, Instagram, and Twitter incorporated live streams.While Facebook and Instagram offer the in-app live streaming facility, Twitter offers live streaming facility in the form of Periscope.Not only the Live Streaming Apps  are meant for gamer and social media users, the businesses and customers can also make most out of it.who are fitness trainers can establish online training classes to attract new customers and virtual classrooms for students.
Well, talking about the live-streaming apps, there are so many floating around the app stores.Live broadcasting apps are one of the most popular types of streaming media that involve watching videos in real-time.The videos are being recorded and broadcaster simultaneously While Audio streaming apps allow users to listen to music without downloading it.Video-on-demand streaming allows users to watch exciting TV series and enthralling movies without downloading them on devices. Upon subscribing to the service, the users can pause, resume, The live TV streaming app allows users to watch TV on their favorite devices over the Internet.The on-demand video streaming platforms also plans for live TV broadcasting.

Live Streaming Statistics 2020

Live streaming has become one of the most preferred ways of consuming content – ​​either it can be a sporting event or concert or video game.Let's see the popularity of this phenomenon in numbers;
1) 82% -The amount of Internet traffic which is expected to go with the Video streaming
2) 39% -The number of consumers who are likely to share video content
3) 45% -The number of consumers who are willing to pay for the live, and exclusive videos from their favorite celebrity
4) Millennials – The members of the generation born between 1981 – 1996. They consume the largest amount of video content and are the largest content creators too.5) 87% -The number of businesses that have started incorporating the video as a marketing tool .The live streaming apps are gaining huge popularity and the businesses are successful in generating revenue.It's the right time to build the application using a live streaming clone script and monetize the app.

Why Live Streaming Apps are So Popular?

Well, We Can See Two Reasons For It.First, From A Consumer Point Of View, These Apps Are Providing Live Streaming Videos In Real-Time.From A Business Point Of View, These Apps Can Be [Japan Import] Used To Generate Revenue .Here'S
how you can make a periscope clone that generates revenue;
1) You can make your live streaming clone app a paid one. Upon making a payment, the users can install it.
2) Include some exciting features under a “premium subscription ”. Users can Pay And Gain Access To Those Features.3
) Place In-App Ads. Partner With Some Entities To Include Their Ads In Your Application.Well, Customers Might Get Annoyed At The Ads At Some Point.Capitalize That Situation And Make Customers Pay To Avail Ad -free version.

Periscope and Bigo live are the two major live-streaming apps available in the market. Since these two are dominating the market, you can customize the Periscope clone according to your business needs.Or else, the Bigo Live clone if you prefer! Whatever it can be, live streaming clone apps can only allow you to customize the app based on your requirements.

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