A brief overview of the video streaming application and platform development costs for aspiring media and content distributors.

Introduction

In today’s digital landscape, video streaming platforms have become the cornerstone of media consumption. The over-the-top (OTT) video market is growing and is estimated to reach a projected market volume of 462.90 billion USD by 2027, according to statista.com. These income opportunities urge digital content owners to dive into the video streaming ocean, launching their streaming services.