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OTT Video App Development: A Comprehensive Guide
OTT video app development has propelled the digital revolution, giving rise to a shift in content consumption and pushing Over-the-Top (OTT) video apps towards a path of massive growth. As traditional broadcasting channels become a thing of the past, OTT platforms lead to exceptional convenience.
Statista’s report projects OTT video sector revenue will grow to USD 316.10 billion by 2023. Furthermore, between 2023 and 2027, the market anticipates a Compound Annual Growth Rate (CAGR) of 10.01%, underscoring the segment’s thriving momentum.
These apps offer users a rich repository of content accessible anytime, anywhere. Now is a great time for businesses and content creators to make their mark in this booming market. To leverage this trend to your benefit, having the appropriate insights and resources is crucial.
Our comprehensive guide to OTT video app development is all about that.
Read here: OTT Video App Development: A Comprehensive Guide
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Being a reputed OTT app development company, MacAndro shines best in providing customized video streaming app development services to launch your own Live streaming app like Netflix clone, Amazon prime, Hulu, etc.. Know more: https://www.macandro.com/blog/ott-app-development
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OTT is an abbreviation for Over-The-Top – an industrial concept which makes it possible for you to stream video, through the internet, straight on the device.OTT is possibly one of the most important abbreviations that you might have never heard of. Right now it is in more than 51% of homes in the USA alone and is used at least 100 minutes every day. It doesn’t end here. OTT is out to kick TV Cables off their preferred video streaming choice position.
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OTT Video App Development: Time, Cost, Features
Over-the-top programs, or OTT app development, are programs that provide video content using the web instead of satellite or cable TV (the traditional manner ). They allow your clients to immediately stream videos to both the mobile devices (smartphones and tablets) and TVs using apparatus such as a Roku Box, AppleTV & Amazon Fire TV.
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