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Determining the total budget to establish an app like TikTok

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clemency beula
Determining the total budget to establish an app like TikTok

 

TikTok is the leading short-video sharing platform that launched in the market in September 2016. It has been downloaded by users more than 2 billion times. TikTok can be accessed from a whopping 155 countries in 75 different languages.

Developing a top-notch app like TikTok involves the entrepreneur having immense market knowledge, spending a huge investment, and committing a lot of time. It is better to hire experienced developers for TikTok like app development as they can provide customized and ready-made solutions.

The numerous factors that impact the cost of developing a Social Video Sharing App like TikTok

  • The extent of customization - available in the app like TikTok. The business firm can add its own brand name and logo to the video-sharing app. It can also add or remove any features as per its needs.
  • The kind of tech stack utilized - for TikTok like app development. Technologies like Kotlin, Swift, WebRTC, Amazon Web Services (AWS), Node.js, MySQL, and MongoDB.
  • Extra expenses will have to be incurred - for premium features like access to analytical reports, a video preview option, filters based on Augmented Reality (AR), personalized recommendation of videos to the users by utilizing Artificial Intelligence (AI), and split-screen sharing of videos.
  • The location of the team members - as the hourly rate charged will be different for the developers from Asia, Europe, the Middle East, and the USA.
  • The duration of development - that can range from a few weeks to a couple of months as per the business requirements of the client.
  • The phases of development - Creating a trendy social video sharing app like TikTok involves various stages like business analysis, market research, UI/UX designing, frontend and backend development, testing, launching the solution, and marketing it aggressively.
  • The kind of platform the TikTok-like app is deployed - Android or iOS platforms or both.

Final Thoughts

TikTok like app development will make the entrepreneur’s venture a huge success. Videos are a great way to capture the attention of millions of users as their inherent visual appeal maximizes entertainment.

Content creators also get rewarded on social video sharing apps like TikTok as they get exposure to a huge audience in a quick time. Hence, start the creation of an app like TikTok to thrive in the digital world.

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