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At Hyena Information Technologies, we provide end-to-end audio and video streaming services to businesses across a multitude of industries. As an established video streaming and OTT platform development company, we serve a wide range of business needs and empower our customers to turn their ideas into reality.
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How OTT App Development Can Benefit Multiple Industries OTT App Development The rise of OTT and related audio/video streaming services over the past few years has provided many exciting and lucrative opportunities for many businesses across a myriad of industries. Fueled by accessibility, flexibility, scalability and cost factors, OTT applications are widely used and adopted by a wide range of audiences. Nevertheless, the phenomenal increase in the number of OTT platforms in the world is mainly due to the increased accessibility of content, advancement in technology, qualitative streaming capability of devices and availability of high-speed internet. For example, OTT applications can efficiently deliver personalized content to millions of viewers by leveraging AI solutions in the background. As OTT app development has become one of the hottest trends in the media and entertainment industry, several other industries are directly benefiting from its implications. In this blog, we will discuss how OTT applications will change the face of various industries and how businesses and viewers can benefit from the development of the OTT platform in the coming years. Also Read: How much does it cost to develop an app like apartments.com Types of OTT services OTT has undoubtedly knocked on the doors of the personal and professional lives of millions of people around the world. Cost To Develop a Live Video Streaming Apps It's just that users have now started noticing the potential it holds and the colossal role it plays in delivering immersive and engaging experiences and digital content. The
following are some of the OTT services and platforms that are most popular and well-liked: Netflix, Hulu, Vimeo, AppleTV, YouTube, and other streaming media services. Instant messaging via mobile devices - iMessage, Hike, WhatsApp Line, WeChat, Skype, etc. all support voice and video calls. Console games – Xbox360, Word of WarCraft ● ● ● ● The impact of OTT applications on global markets and industries Whether it is healthcare, financial services, education, e-commerce or any other sector, it can be said that today almost all sectors have been irreversibly affected by the impact of OTT. Here are some of the major industries that are constantly revolutionizing with the use of OTT applications. Media and Entertainment The media and entertainment industry covers television, radio, film and print media in general. The range of broadcast content is very wide and includes podcasts, news bulletins, talk shows, movies, radio bulletins, etc. apps development companies Bangalore It makes sense that such a gigantic content-driven industry could depend on robust OTT platforms in order to reach a wider audience. Sports, for example, is also a good example when it comes to answering the question of the impact of OTT applications on the media industry. Games and sporting events can be streamed live with minimal delays or can even be watched as models and replays of VOD or video on demand. Education The education sector is another industry that has reaped a host of benefits from OTT solutions. For example, online courses leverage OTT platforms to host classroom supplements, tutorials, tips, and engaging study materials in video-on-demand form. These can be streamed and viewed at the convenience of the student and are also available for posterity. Due to the COVID-19 pandemic, many schools, colleges, universities and other traditional educational institutions have started leveraging OTT platforms to host not only VOD content, but also virtual classrooms, centers assignment and exam rooms, to name a few. Android app development company Bangalore All of these can be accessed seamlessly through a laptop, smartphone, smart TV, PC or tablet that has a stable and working internet connection.
health and fitness Health and fitness is one such industry that has meticulously boomed amid the pandemic, pushing many people to work out from the comfort of their homes. Although online fitness tutorials are no longer a new concept, the overall experience of accessing content on larger screens is fundamentally unmatched. Additionally, the pandemic has caused many gyms as well as personal trainers to seek solid remedies for their declining revenue. This is the main reason why live streaming home workouts that are offered on a subscription or pay-as-you-go basis are gaining more and more popularity. The trend also encompasses OTT apps with engaging group training and yoga classes that participants can practice without even having to leave their homes. Read More: How much does it cost to build a fitness app Providing fitness classes also has many advantages over OTT apps, such as: High quality video streaming Advanced channel for sales Expand customer base In-depth information and analysis Games The popularity of game streaming over the years has grown tremendously, leading many gamers to capture their live online gaming experiences and share their videos across multiple channels. Professional streamers have also crafted a distinct industry in themselves, merging gameplay with engaging content and entertaining commentary.
With this, some of them managed to turn online video games and subsequent streaming into a viable source of income. Additionally, live streamers need support for video and OTT streaming platforms to manage their audience, display sponsored ads, track channel analytics, accept donations, and more. artificial intelligence automation Bangalore Platforms like Twitch have continually made live video game streaming so popular that many smaller services such as Bigo Live, YouTube Gaming, Afreeca, Beam, Mixer, HitBox or Disco Melee have quickly followed in their footsteps. Over these years, Twitch has managed to become one of the most successful video streaming platforms, amassing more than 15 million daily active users who watch content on mobile devices, Apple TV and Android TV - n' anywhere and anytime. Looking for video streaming services for your business? At Hyena Information Technologies, we provide end-to-end audio and video streaming services to businesses across a multitude of industries. As an established video streaming and OTT platform development company, we serve a wide range of business needs and empower our customers to turn their ideas into reality. With a team of seasoned professionals, we provide multiple streaming app development solutions such as Live Streaming Apps, VOD Apps, Smart TV Apps, Broadcast Ready Apps, Live Conferencing Apps, etc If you are looking for related OTT or video streaming services, please feel free to message us. Our experts will respond to you within 24 hours. Read More: cost of artificial intelligence app development