Best 10 OTT App Development Companies (2023)

The term “OTT” is likely familiar to you if you’ve ever heard of the Amazon Fire Stick, Apple TV, Netflix, Hulu, or SlingTV. In favor of over-the-top (OTT) services, many TV viewers are rapidly shifting away from conventional programming. Since the transition seems inevitable, the majority of media companies are openly welcoming it.

Over-the-top (OTT) services have transformed from a fringe alternative to one of the most widely used methods of watching TV in only a few short years. The rush of OTT software and on-demand apps creation has been fueled by changing consumer demands, developing technologies, and outside forces like the pandemic.

Along with the emergence of new enterprises and content creators, the old media sector companies are also adopting the style. For instance, ZEE Entertainment, which had previously been restricted to TV channels and print media, introduced its own OTT platform named ZEE5 in 2018. 

In 2023, consider OTT mobile app development to capitalize on this rapidly rising trend. Therefore, let’s choose your entertainment organization’s top OTT App Development Companies. 

Top OTT App Developers

Sr. no.	OTT App Developers	Establishment Year	Company Size
1.	Pairroxz Technologies	2011	51-200
2.	Matellio	2014	201-500
3.	Algoocean Technologies	2014	201-500
4.	Glorium Technologies	2010	201-500
5.	Applify	2014	51-200
6.	Andersen	2007	1,001-5,000
7.	QBurst	2004	1,001-5,000
8.	WebCodeGenie Technology	2010	51-200
9.	Concetto Labs	2016	51-200
10.	InnoWise	2017	51-200

List of Top OTT App Development Companies

1. Pairroxz Technologies –

Pairroxz Technologies is one of the well-known OTT App Development Companies delivering on-demand app development solutions for over 11 years. With a team of over 50 IT professionals, the company has completed over 500 projects and offers a growth-oriented atmosphere where OTT apps may be developed at reasonable costs. The business has garnered outstanding reviews on apps such as Clutch and Goodfirms. The company has experience offering services to various industries, including real estate, automotive, education technology, financial technology, etc.

Location	Hourly Rates	Clutch Rating	Min. Project Amount
India, USA	< $25 / hr	5.0	$5,000+

2. Matellio –

Matellio has years of experience providing streaming software to clients for media and entertainment demands to engage more users and important consumers smoothly. Matellio, one of the leading firms for OTT platform development, has the expertise to design or customize TV apps, including live streaming app development. It contributes to a better and more anticipated user experience. The company creates the greatest OTT apps for TV brands, including Samsung, LG, Roku, Bravia, Sony, Android, and Apple. 

Location	Hourly Rates	Clutch Rating	Min. Project Amount
India, US	$25 – $49 / hr	4.8	$10,000+

3. Algoocean Technologies –

Leading mobile app development business, Algoocean is renowned for its unmatched proficiency. Algoocean creates tailored, user-centric apps that go above and beyond customer expectations, emphasizing innovation. Their skilled team of experts uses a systematic process to give excellent solutions on schedule. Algoocean guarantees a smooth process from conception to launch, making it the go-to option for companies looking to create outstanding mobile app experiences. 

Location	Hourly Rates	Clutch Rating	Min. Project Amount
India	NA	NA	$1,000+

4. Glorium Technologies –

Glorium Technologies is a full-cycle software and app development company that focuses on meeting the unique business needs of its clients and finding the best technological solutions to do so. They offer tech entrepreneurs the strategic and technical knowledge they require to build their vision for a lower cost. With an in-depth understanding of numerous industries, they collaborate with their team to help develop advanced software solutions and reach the market more quickly.

Location	Hourly Rates	Clutch Rating	Min. Project Amount
USA, Ukraine	$50 – $99 / hr	4.8	$25,000+

5. Applify –

Applify is a reputable mobile app development company in Dubai that combines knowledge with your ideas to produce stunning iOS and Android apps for your organization. With the help of their first-rate application development and data analytics services, Applify, a company that develops applications, excels at reimagining business models, accelerating innovation, and fostering growth. With offices in London, the United States, India, the United Arab Emirates, and Singapore, they are pleased to be among the top developers of iOS and Android apps.

Location	Hourly Rates	Clutch Rating	Min. Project Amount
UK	$25 – $49 / hr	5.0	$25,000+

6. Andersen –

Andersen has developed into a preeminent European software development company since its founding in 2007, leading the digital transformation of companies worldwide. They have a distinguished history spanning more than 16 years and have built a strong presence through 13+ cutting-edge development centers in the USA and Western Europe. Over 1,000 projects have been completed by Andersen due to their unwavering dedication to innovation and effective use of revolutionary technology, earning them high praise from their clients. 

Location	Hourly Rates	Clutch Rating	Min. Project Amount
New York , United States	$25 – $49 / hr	4.0	$25,000+

7. QBurst –

QBurst is a well-known name in the field of digital product development and consultancy. The business was established in 2004 and currently employs over 2400 people with various expertise, including UX engineers, QA specialists, business analysts, project managers, etc. Since its establishment, QBurst has succeeded in completing more than 1200 projects, and its clientele comprises mid-markets, small firms, and enterprises. 

Location	Hourly Rates	Clutch Rating	Min. Project Amount
India	$25 – $49 / hr	4.7	$5,000+

8. WebCodeGenie Technology –

WebCodeGenie is a top mobile app development business specializing in developing creative and user-friendly mobile applications. They provide strong and adaptable mobile solutions for iOS and Android platforms using a team of trained specialists with considerable industry expertise. With an emphasis on state-of-the-art technologies and outstanding user experiences, they prioritize client satisfaction and work to go above and beyond expectations from concept to design, development, and implementation. 

Location	Hourly Rates	Clutch Rating	Min. Project Amount
USA	< $25 / hr	5.0	$5,000+

9. Concetto Labs –

Concetto Labs, a top OTT app development firm, completes all mobile app development projects on schedule. The experts at this company create appealing app interfaces and designs, providing the anticipated user experience while keeping clients’ demands in mind. The expert development team uses up-to-date methods and equipment to give clients the best outcomes possible. The business considers current trends in developing video streaming apps when creating new apps. 

Location	Hourly Rates	Clutch Rating	Min. Project Amount
India, UK, Canada	< $25 / hr	4.7	$1,000+

10. InnoWise –

Innowise Group is a company that has been developing Android apps for over fifteen years. The business employs 1400 developers working on a variety of tasks, such as creating UI/UX designs, testing mobile apps, and developing mobile applications. Its experience and knowledge distinguish Innowise Group from other businesses. The organization places a lot of emphasis on customer pleasure and expertise. Innowise takes great pleasure in ensuring their apps are top-notch and simple.

Location	Hourly Rates	Clutch Rating	Min. Project Amount
Poland, Belgium	$50 – $99 / hr	4.8	$10,000+

The Growing Popularity of OTT Apps

• According to a survey by Fortune Business Insights, the global market for over-the-top services is anticipated to reach USD 139.00 billion in 2028 at a CAGR of 17.7% from 2021 to 2028.
• In 2023, the OTT Video industry is anticipated to generate US$294.90 billion in revenue.
• By 2027, 4.2 billion individuals will be using OTT video services.
• In terms of global comparison, the United States will produce the maximum income ($126,500.00m in 2023).

How to Choose OTT App Developers?

However, selecting the best OTT App Development Companies for your business needs might take a lot of work, given the abundance of available options. When choosing the best OTT platform development business, there are numerous things to consider, like their prior experience, development costs, client testimonials, and more.

We’ve included some advice below to assist you in selecting the top OTT App Development Companies for your enterprise:

• Years of experience: An organization that has been around for a while and exhibits constant growth is likely to frequently offer high-quality digital products. 
• Size of the company: You should consider how many developers are employed by the company and what their skill sets are to determine whether they will be able to complete your project on time. 
• Custom Solutions: They may create a solution that you can identify as ideal, even if you have a list of your own specifications for custom development.
• Pocket-Friendly Rates: Based on the development requirements, required team, and resources, several top OTT app development companies offer a variety of the most competitive and affordable price structures.
• Tech know-how: If your OTT app needs technologies like AI, IoT, or others, you should research the tech stack of the company you intend to work with to construct your OTT app. Most websites provide information about their technology stack on their websites, or you may look through previous projects to see what kinds of technologies were employed by the OTT developers of a company you have narrowed down. 
• Standards for app design: One of the key elements that greatly influence the success of an OTT platform and application is its design. Due to this, organizations and company owners should emphasize the knowledge and expertise of OTT developers. You will be able to provide your customers with a top-notch OTT platform if you work with OTT app development companies that employ talented UI/UX designers.
• Client testimonials: If you’re trying to assess the caliber of the work done by OTT app development companies, you may find it useful to read testimonials and ratings their clientele has left on various business review websites. You may find these ratings and reviews on the business profile pages of sites like Google, Clutch, Glassdoor, and Goodfirms.
• Examine the past projects: Any OTT apps that have been developed in the past by the app development company should have a foothold in the market. These inquiries help you decide whether you should collaborate with the OTT app development companies, depending on whether it is good or negative and what progress it has generated for the business owner.

OTT App Development Cost

An approximate range of the price for developing an on-demand OTT app is between $150,000 and $300,000. For Netflix and Prime Video-like apps, OTT platform development would cost between $25,000 and $60,000 in India and between $35,000 and 80,000 in the US.

OTT Platform Type	Average Cost
Netflix	$40,000 – $60,000
Prime Video	$40,000 – $55,000
Youtube	$20,000 – $45,000
Disney+ Hotstar	$25,000 – $35,000
Hulu	$35,000 – $45,000
Apple TV	$35,000 – $50,000

Although many factors, such as the following, affect the overall cost of producing a video streaming app:

• Features, 
• Complexity, 
• Chosen mobile app development company, 
• Platforms (Play Store, App Store, or both), 
• Technology stack, 
• UI

Conclusion 

So there you have it—a list of the top OTT app development companies worldwide, each providing users with first-rate products and seamless experiences. Our team combed through numerous sources to provide you with the most accurate information and worked for tens of hours. Therefore, these OTT development organizations have the power to influence the future of OTT platforms in addition to helping your business flourish.

FAQs 

Question 1: How Much Does an OTT Platform Cost?

You could invest between $10,000 and $50,000 to build an OTT app. The price will vary according to the requirements of the particular app.

Question 2: Which OTT platform is the best in the world?

The world’s top OTT platform right now is Netflix. Despite the many OTT services currently available, Netflix offers a significant library of original and On-Demand video content.

Question 3: How Can OTT Video Apps Help Your Video Business Grow? 

OTT video apps have a lot to offer a video business, riding on the obvious popularity that Netflix has generated. By including it, you can benefit from its widespread reach as well as an accelerated increase in sales thanks to its well-thought-out business methods.

Question 4: How are OTT Platforms Profitable?

The entire content library, which may include films and television episodes, is accessible to SVOD (subscription-based video on demand) users for a predetermined fee. Users of AVOD (advertising-based video on demand) can get the content for free, but they must put up with advertisements.