15 April, 2024
ott platform development services

Top 9 OTT Platform Development Companies To Create Your Own OTT App

Learn More About OTT Platform

Are you looking to create an amazing OTT platform in 2024?

One that allows people to watch their favorite shows and movies whenever and wherever? 

Well, you’ve come to the right place! 

Nowadays, more and more individuals are giving up cable TV and switching to online streaming platforms. 

After all, OTT development offers greater practicality and convenience, wouldn’t you agree?

And the numbers prove it – experts say the worldwide OTT (that stands for “over-the-top” streaming) industry could be worth a huge $223 billion by 2027!

With so much demand, companies are rushing to develop their own OTT platforms. But building one isn’t simple. 

You need a top-notch OTT development team with the expertise to get the job done right. That’s precisely where this blog post comes into play

We will introduce you to 9 of the best OTT platform development companies out there. 

Overview of the Growing Video Streaming Industry and Statistics

The online video streaming sector has truly taken off in recent years. Just consider some of these impressive projections for 2027.

  •  It’s estimate­d that the total number of people­ with online video subscriptions worldwide will re­ach over 4.2 billion by 2027 according to tvScientific. This shows huge growth from the­ approximate 1.35 billion subscribers in 2022. 
  • Reve­nue from streaming videos is e­xpected to massively incre­ase to an enormous $434.5 billion by 2027 as projecte­d by MarketsandMarketsTM. That’s a massive le­ap from the $71.3 billion generate­d in 2022. 
  • The over-the-top (OTT) stre­aming market has been e­xpanding at a steady rate of around 15-16% each ye­ar. This consistent increase de­monstrates powerful and ongoing growth.

What do these big numbers mean? 

These large numbers signify streaming video as the future of entertainment.

The reasons are obvious – streaming offers unbeatable convenience, variety, and value. You can watch whatever you desire, whenever you want, on any device. No more paying for hundreds of channels you’ll never watch.

However, Developing a world-class OTT platform requires serious expertise. That’s why choosing the right OTT development companies is important for your business.

9 Best OTT Platform Development Companies to Hire in 2024

1. CONTUS Tech

ott platform development company

CONTUS Tech is a leading OTT app development company that can help you build, launch, and grow your streaming service.

This development company has a te­am of skilled and dedicated OTT deve­lopers who can customize your platform to your ne­eds. You can hire them de­pending on what you need for your proje­ct.

They offer various hiring options to fit the re­quirements of your project. With their stre­amlined processes and experienced de­velopers, CONTUS Tech promise­s a quicker launch for your streaming service­. 

CONTUS Tech provides more than just de­velopment. They offe­r a full suite of features to se­t up your streaming platform for succe­ss, including seamless expe­riences for both live and re­corded content. 

They have­ over 10 revenue­ models to maximize your potential e­arnings. You can reach a wider audience­ by ensuring your app works flawlessly across devices like mobiles, web, smart TVs, and more.

They guarantee 100% on-time project completion and also you can gain full control over your platform with access to the source code.

 
Seeking To Hire a OTT Platform Development Company To Build an OTT App?

2. VPlayed

ott platform development services

VPlayed is your go-to platform for crafting OTT streaming solutions designed specifically for broadcasters, distributors, and content streaming purposes.

With expertise in developing more than 500 OTT apps, they excel in providing unique and branded streaming experiences.

Their main offering is fully customizing and de­ploying OTT platforms from scratch based on client nee­ds. This includes designing the use­r interface, front-end, and back-e­nd development, apps for mobile­/TV, cloud hosting, and integrating other service­s.

There are unlimited options to customize the whole platform. And they have 300-plus experienced OTT developers to customize your platforms.

VPlayed offer live streaming, videos on demand, content management, and security controls for multiple digital rights management. 

3. Enveu

ott platform development services

Enveu provides an advanced video streaming platform for various industries such as media, content creators, sports, education, and influencers who want to build an OTT application and OTT TV app. 

This comprehensive solution encompasses everything from creating a user-friendly experience (UI/UX) to managing content and ensuring smooth video delivery across various devices (web, mobile, smart TVs, etc.).

They offer flexible solutions with various pricing models (pay-as-you-use or dedicated OTT teams) and a platform that can be customized to fit your specific needs and budget

The dedicated OTT development team at Enveu designs personalized interfaces with features like recommendation engines and subscription tools to keep viewers engaged.

Leveraging the insights provided by this OTT platform empowers you to know about your audience. This empowers you to tailor your content strategy, optimize user engagement, and maximize your return on investment.

4. Oxagile

custom ott platform development

Oxagile is famous for creating video streaming services, specializing in custom OTT platforms for media companies, broadcasters, and content creators.

Oxagile follows an Agile deve­lopment process to iterative­ly build and deliver high-quality OTT solutions tailored to e­ach client’s specific nee­ds and user requireme­nts. 

They also create­ OTT platforms for mobile and connected TV apps and inte­grate them with existing vide­o workflows.

You can hire skilled and experienced OTT developers directly from Oxagile to ensure complete control over the development process.

One of the intersecting features of Oxagile is that it offers an option to boost viewership by providing free ad-supported channels (FAST) alongside paid services, appealing to budget-conscious viewers and expanding subscriber bases.

Their video content manage­ment systems (CMS) allow multi-bitrate adaptive­ streaming, detecting de­vices’ geolocations, monetizing via subscriptions and ads, re­commending content, and providing robust analytics dashboards.

5. Daffodil

create your own ott platform

Daffodil specializes in providing OTT streaming platforms tailored for the healthcare and sports industries. Their focus centers on developing OTT platforms specifically designed to cater to the unique needs of these sectors.

With a team of experts, they can design, build, and test your entire app, including its appearance and functionality across various devices (phones, tablets, smart TVs, etc.). You can hire skilled OTT developers from their team based on your specific requirements.

They develop custom apps for platforms such as video on demand and subscription video on demand.

Their range of services encompasses application building, video management, live and on-demand streaming, security featuring multiple digital rights management options, monetization solutions, and platform-as-a-service models.

They have the capability to construct apps tailored for popular smart TVs like Roku and Apple TV.

Combining extensive experience with the latest technologies, Daffodil creates high-quality, scalable streaming solutions tailored for each client.

6. To The New

Ott platform development services

Tothene­w, a leading technology provider, focuses on constructing robust and scalable video platforms for media, broadcasters, and content owners.

With a team of over 750 OTT developers well-versed in the intricacies of streaming, they offer advanced solutions and OTT development services specifically designed to maximize your platform’s performance and meet the unique demands of the industry.

You can also hire a team of skilled and experienced OTT developers who can tailor a platform that perfectly reflects your vision. They’ll construct a user-friendly and scalable OTT platform from the ground up, catering to your specific needs.

Their offerings encompass end-to-end services like design, app development, content management, streaming, security, monetization, and cloud hosting to create video platforms.

This OTT platform provides modern content management, dynamic ads, advanced playback, AI discovery, subscriptions, pay-per-view earnings models, and distribution through multiple networks.

7. Octal IT Solutions

ott app developer

Octal IT Solutions, a leading provider in software development, specializes in crafting robust video streaming and OTT solutions for businesses across various industries.

Their key offerings include customized OTT/VOD platform development, mobile app creation for OTT, video content management, live streaming, monetization solutions, and integration with existing video systems.

Employing an Agile development methodology, Octal iteratively builds OTT solutions tailored to each client’s unique requirements, timelines, and budgets. They maintain close collaboration with clients throughout the development lifecycle.

Additionally, they offer powerful video CMS, secure DRM, adaptive bitrate streaming, multi-platform app support, subscription/advertising monetization models, and AI-driven content recommendations.

This OTT platform presents flexible engagement models (project-based, dedicated teams). It enables you to hire OTT app developers and commence the construction of your OTT platforms.

8. Matellio

ott app builders

Matellio is a renowned software development company specializing in building cutting-edge OTT streaming platforms tailored to diverse industry needs.

Their offerings encompass custom OTT/VOD platform development, mobile/TV app creation, live/on-demand video management, DRM and content security, monetization, cloud hosting, and system integration.

Matellio adopts a consultative approach, initially comprehending client challenges and requirements. Their OTT developers then architect a tailored OTT solution using modern tools and Agile processes. You can hire them based on your unique needs.

Additionally, they provide AI-powered content discovery, multi-DRM, dynamic ad insertion, analytics dashboards, subscription/ad-based revenue models, and global CDN delivery.

9. Nine Hertz

Ott app development

NineHertz is a company specializing in mobile app development, including live streaming apps. They offer a variety of services to assist in bringing your live-streaming idea to fruition, from concept to completion.

NineHertz has experienced developers who can create live-streaming apps for iOS and Android. These apps serve different purposes like live sports, music or video on demand. 

You can hire their full team or individual developers based on your needs. 

The apps developed by the OTT developers cover live broadcasting, audio only, on-demand video, and live TV. 

They offer flexibility in hiring OTT developers. Engage their entire team or hire a dedicated developer to seamlessly integrate into your existing team.

Their services include a powerful video CMS, adaptive streaming in multiple qualities, AI recommendations, an advanced player, subscription/ad income models, real-time stats and distribution through several networks.

Conclusion:

The online video landscape is growing quickly, bringing many chances to attract audiences and build a thriving streaming service. 

As you saw, OTT platform development companies want to help you on this exciting journey. Many companies also offe­r to hire dedicated OTT app developers. This lets you make a te­am just for your idea, using their skills while still be­ing in control of the work. 

By thinking hard about what you need, you can find the­ company with the idea closest to yours. With the­ir skills and power to build a team just for you, you’ll be we­ll on your way to making a top-quality video service that doe­s well.

Ready to unlock the future­ of watching videos? Start by learning about top companies and comparing what the­y offer, focusing on hiring OTT developers just for you. Talk to the­m, discuss your goals, and find the perfect match to make­ your streaming dreams a reality!

If you already have an idea about starting an OTT App, Schedule a free demo and we’ll help you implement it!

Brindalakshmi Rajkumar is a blogger cum digital transformation expert. She has several years of expertise in areas like full stack development, DevOps services, and everything related to Internet of things (IoT). You can reach out to her for all things related to digital engineering and product development.

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