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You might be aware of the recent stream fest that Netflix launched where Netflix offered free two-day streaming on all the content on its platform. The result was Netflix app store download grew by 200 percent within a week. After launching its platform Netflix has significantly gained the market over the years disrupting the blockbuster industry during its journey.
Motivations behind developing an app like Netflix
The above statistical report shows that there is a huge business growth opportunity in video streaming service of which the market leader is Netflix. The simple motivation can be based on the above report that shows an opportunity for a new business for budding entrepreneurs.
Before developing a video streaming service like Netflix it is important to carry out detailed market research and the process of How to develop an app like Netflix
