App Development

Best Live Streaming Platforms and OTT Applications in 2022

For many years online movies and live streaming have immensely grown; from watching movies to any old TV serials, users can see everything. Live streaming is famous among youngsters who love watching movies and various series. It got famous, especially during the pandemic, leading to high media streaming software development. As you notice, there are a lot of online streaming applications, and new online streaming apps are built every day. Today there are a lot of applications and platforms that would allow users to watch series and movies. The users just have to subscribe yearly or monthly. In this article, you will learn about a live streaming platform, its statistics, and the best OTT platforms in 2022. So, without further ado, let’s get started. 

What Is A Live Streaming Platform?

Live streaming applications are video hosting solutions that permit users to upload and broadcast video content to their audience. Businesses use online video platforms to share videos for lead generations, advertise, build brand awareness, and provide paid video streaming access. When deciding on what platform to stream on, users will find some better than others, depending on the user’s choice. For instance, the most popular live-streaming application is Facebook Live, but still, it has various limitations for businesses that want more control over their live stream experience. That’s why you have to compare live streaming platforms to choose the best live streaming platforms for your business, 

Current Live Streaming Market Statistics

Before investing in Music streaming app development, a developer should know the market stats in the near future. So that if they invest in the live streaming app development, they should know the expected money or revenue they will get. However, according to the trends, the live streaming market will increase in the near future. 

  • According to Statista, the expected predictions are that the live streaming industry will become worth $187.4 billion by 2027. 
  • The weekly reach of the market worldwide in quarter 3 of 2021 was 30.4%
  • If we talk about 2022, multistreaming will be big, with various multi-stream platforms already available to stream through different sources. 
  • Live streaming applications capture users’ attention more than 27% longer than on-demand videos. 
  • Many business revenues increased by 49% in the live streaming applications. 
  • 485 million times the zoom streaming application was downloaded in the years 2021 and 2022. Now 467,100 business users are on Zoom.

Live Streaming Technology Compatibility

If you are looking for the best live streaming platforms, it is essential to check the technical compatibility with other live streaming tech stacks. For instance, encoders have an essential role in the live streaming process, and if you want to use affordable RTMP encoders, you are required to see if your platform supports RTMP ingest. 

Another thing you have to keep in mind is that various new streaming protocols are not on the horizon, including WebRTC and SRT. Different protocols have different functions, but the similarity is that they support higher-quality live streaming. For instance, WebRTC is specifically designed for real-time video streaming and web conferencing. If you feel this is important, you want to find a live stream service that offers the functionality. Moreover, it is best because it is a hybrid app development and it provides convenience to the developers. 


Six Best OTT Platforms in 2022

Before diving into the list of OTT platforms, you must know what OTT is and its benefits. OTT tv app development is essential for any business in 2021, especially in the media landscape. OTT is here to stay, and your customers are using it. Today, more than one-third of all internet users have used OTT platforms, and that number has increased since 2016. It is basically convenient for users as users can do whatever they want and whenever they want. OTT stands for the over-the-top platforms and apps that become a reason for the immense growth of social media app development. Without further ado, let’s see six famous applications. 



Uscreen is a platform that lets users share their videos online. It is an on-demand video platform that gives the creators the tools they need to build their own video streaming business. If users want to start this application, they have to sign up for a free 14 days trial. After the trial period’s completion, users must choose from one subscription plan.


  • CONTUS VPlayed:

The most powerful video streaming platform lets online video services deliver content with an intuitive and interactive interface. With this application, the end-users can monetize the video content differently. VPlayed enables users to set up their online video streaming site quickly and effortlessly. It has an excellent customer support and easy-to-use features. 


  • Dacast:

If users want to watch live videos, they can use Dacast. With dacast’s streaming solutions, users can deliver high-quality live video from their website, mobile app, or even a Roku channel. Dacas is a simple, secure solution for delivering live and on-demand video content. 


  • Muvi:

This application has been helping OTT businesses launch their own branded video platform since 2010. Muvi is a Software as a service (SaaS) product and no hidden costs. It takes care of everything from Hosting, Cloud Based Servers, CDN, CMS, and many more. 


  • IBM Watson Media:

IBM Watson Media is another platform that empowers content owners, creators, and publishers to distribute immersive experiences to their audience across any device. IBM Watson Media is built on video infrastructure trusted by the world’s biggest companies. 


  • Wowza:

It is an open-source implementation of the Apple Low Latency HLS specification that’s freely available on GitHub. With this platform, users can create a player with the help of Wowza Streaming Engine media server software. 


Bottom Line 

These are the six best live streaming platforms and OTT applications in 2022. If you are a developer and want to work on video streaming app development, then you must use this information, which will help you. We hope this information will help you in mobile app development. 

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