Sep 9, 2024 App Development
How To Build An App Like Pandora: Its Cost, Features, And Process
Sep 9, 2024 App Development
Table of Contents
Sep 9, 2024 App Development
Are you looking to build an app like Pandora for Android and iOS? Creating a music streaming app is a complex task that requires proper planning and expert guidance as everything is fast evolving in the music streaming industry. Right from radio shows to live music concerts to broadcasting music podcasts, the music streaming industry has experienced unpredictable growth and transformed how people access and enjoy music.
Music streaming platforms which were once bounded by recorded labels and artists have now become accessible to inspiring entrepreneurs with innovative ideas. At the forefront of this revolution, the Pandora-like Music streaming app has arisen as one of the most popular music streaming and radio service platforms, boasting over 90 million monthly listeners.
Since its inception in 2000, Pandora has created a huge market value and generated impressive revenue of $447 million quarterly. But the real question is what makes Pandora so successful in this highly competitive market?
In this blog we have covered everything from features that have contributed to its success to tech-stacks that make the app running smoothly. So if you are looking to create a music-streaming app like Pandora, then you have landed at the right place!
As music streaming apps contribute to 84% of the revenue of the total music industry, hiring a mobile app developer in USA who can help you customize the app leveraging the most innovative features enables you to gain access to this progressive industry.
Since the music streaming industry has started expanding, the demand for Pandora-like music apps has increased. With the global music streaming market predicted to be $131 billion by the year 2030, it is worth tapping into this opportunity by creating an app that seeks inspiration from Pandora.
Still, if you are doubting about hiring an Android App Developer in USA, then you can consider below market statistics below:
Source: ifpi.org
This is a global market overview of music streaming apps that portrays the potential scope for music apps. But why consider developing an app like Pandora?
With various emerging technologies paving their way into the industry and quickly transforming the music streaming industry, it’s time to look forward to creating a music app like Pandora. But what makes Pandora so popular in the competitive market?
Let’s get into it!
Pandora’s success is not just limited to its vast music library. It’s also driven by sophisticated technical features and innovations that set an app apart from other music streaming services. Let’s explore the core technical aspects and unique highlights that make Pandora a leader in the music streaming landscape.
Are you feeling curious to hire a React Native app development company in USA to build a music streaming app that can establish a mark in an industry? Let’s get started with the process of app development…
Developing a music streaming app like Pandora requires a proper roadmap to avoid hiccups in your app development process. Apart, several key technicalities, licensing, and business requirements considerations help you create a comprehensive music app like Pandora…
Firstly to get started with a music streaming app, you need to secure proper licensing. The music industry is heavily regulated and acquiring licenses for music streaming requires a cost.
If you are developing a music app like Pandora, then keep in mind that it spends almost half of its revenue on licensing. In the US, you will need to work with organizations like the American Society of Composers, Authors, and Publishers to meet all the licensing needs.
You won’t be able to launch globally right away due to licensing limitations and regional differences. So start by selecting a key market like the US, Europe, or the UK and later expand your app to other regions.
This is a crucial step and you can look to hire a mobile app development company in Los Angeles to understand local market requirements and help you target the audience with the right functionalities.
Pandora is recognized for delivering high-quality audio with automatic audio quality adjustment features. If you are competing with a music app like Pandora, then you can follow these two popular protocols:
Music apps always have visually appealing and user-friendly interfaces So instead of draining so many efforts to customize the highly fancy interface, try to align with a clean intuitive, easy-to-navigate design that keeps the users engaged for longer.
Also, keep in mind that the app has features like personalized playlists, radio stations, and seamless navigations. And for this, it is worth hiring an app developer in USA to create a visually appealing and functional layout.
Make sure your app layout is simple. You can allow users to create their own playlists like Spotify or offer pre-defined radio stations.
But Pandora provides a combination of both, with pre-defined stations and customizable station options.
For this, you can use an AL/ML-based algorithm that helps you track user behavior and provides analytics to better recommend the playlist. Pandora’s strength lies in its Music Genome Project, a content-based recommendation engine that allows it to offer personalized song suggestions.
You can either use this approach or the co-filtering algorithm, which is used by spotify to suggest “What’s Trending Music”.
To create a music app like Pandora, you need to hire a skilled team under one roof that works collaboratively and keeps the clients in a loop. So make sure you work with:
Creating an app like Pandora requires careful planning right from licensing to sorting the regions. This is where hiring a mobile app development company in Dallas will be a worthy decision.
To build a music streaming app like Pandora, you need to include several core features to ensure a smooth user experience. But keep in mind that the more features you include in the app, the higher the cost will be.
So here’s a list of features you can prioritize in the app at the initial level:
These are the basic features of creating MVPs for music apps like Pandora. But if you are competing with Pandora and looking to deliver a fully-features-loaded app, then you need to hire a mobile app development company in Chicago to integrate advanced functionalities of the app that make it a winning option. But make sure you have a budget of $25,000 to $35,000+ to create an advanced app version of Pandora.
No matter whether you are planning to create an MVP solution for a music app or investing in building an app like Pandora, your ultimate goal is to make money from the app. Though there are multiple ways to monetize an app, still here we are sharing a few practical ways of generating revenue from a music app.
Pandora uses a combination of monetization strategies and makes money through advertising and a subscription model, catering to both free and premium users. Let’s get into the details:
Advertisements are the most common revenue generation model for Pandora which offers a free version of the app which is ad-supported. Users can listen to music for free but they are interrupted by audio, video, and visual ads that usually run between 15 to 30 seconds.
To make the best of this monetizing model, Pandora collaborates with advertisers to run targeted ad campaigns based on user demographics, listening habits, and location.
Usually, Pandora’s subscription plan ranges from “Plus” to “Premium” model which costs between $4.99 to $9.99/month.
Pandora Plus offers an uninterrupted ad-free listening experience, Unlimited skips, and offline listening experience. On the other hand, Pandora Premium offers on-demand streaming, playlist creation, and higher audio quality features.
Pandora provides music streaming services for businesses, such as restaurants, retail stores, and offices. In return, Pandora charges licensing fees to play Pandora’s music legally in public spaces, giving Pandora an additional revenue stream.
Read More: 115+ Top Mobile App Development Ideas in 2024 For Startups, Entrepreneurs etc.
The final estimation of radio app development like Pandora is determined by the complexity of the selected technology, the range of features and functionalities, the UI/UX design of the app, the selected technology, the app development team you choose to hire, and the range of services needed to deliver.
If you want to build an app like Pandora with the basic features then the average cost would range between $12,000 to $15000+ whereas the average cost to create a moderate to advanced app version would range between $20,000 to $50,000+ integrated with modern features like AI/ML algorithm, personalized recommendations and more.
These are rough estimations, so it is always worth getting your app idea discussed with our consultants by booking a 15-minute free consultation slot to get real estimations.
Xicom Technologies, being at the forefront of music app development solutions, can help you create an app using a tailored approach that perfectly aligns with your requirements, budget and timelines. Our experts work collaboratively, keeping clients aligned with the app development process and progress, to maintain transparency throughout the process.
All you have to do is to conduct a consultation slot to get complete details!
Hopefully, this blog guide has given you a fair idea about how the music and podcast streaming industry is booming and offering business opportunities to budding musicians. The rate at which digital music is being adopted has surged in the past few years without showing any sign of going down.
Because of this popularity, deciding to build a music streaming app like Pandora is a worthy decision. All you have to do is hire a mobile app development company in California that can help you customize the app with all-new features and innovative strategies to help you stand apart in the industry.
Xicom is one of the leading music streaming app development companies in the USA that has been working with a pool of skilled developers with a track record of delivering excellent mobile apps boasting millions of downloads. For more details, you can drop a query below or contact us!
If you still have queries regarding developing a music app like Pandora, then consider this FAQ section to get your queries answered by the experts.
The cost involved in creating an app like Pandora can vary depending upon several factors and the process can easily become costly and complex without any support from tech professionals. Depending upon various factors including features and functionalities, platform choice, location, experience of the developers, different stages of the development, and more – the average cost ranges between $17,400 to $37,200+.
The average timeline can range between 3 to 5 months for the basic app version, whereas the complex app version can take around 7 to 9 months with advanced app features developed by a dedicated development of around 7-8 resources.
Since music and podcast streaming apps are complex apps and require huge data backups, therefore, the cloud platforms like AWS, GCP, and Azure are the top choices. They provide easy scalability, APIs, CDNs, storage options, security, and more. But Pandora uses the most popular AWS among all options.
The major revenue generation stream for the music streaming apps includes free ad-supported tiers, premium subscriptions, donations/tipping, getting paid sponsored filters, branded content integration, and more.
At Xicom, we offer end-to-end app development services from conceptualization to designing, and development to deployment of the app on the preferred app store. Our experts are well versed with the app store guidelines, therefore, we eliminate the risk of app rejection and ensure a smooth app launch.