10 Best OTT Platforms To Launch Your Video Streaming Service in 2024

Are you searching for the best OTT platform provider to launch your on-demand video streaming service?

You are on the right blog. Here, we will provide you with comprehensive information on the Top 10 OTT platforms in 2024 to trust upon, their benefits, pros, cons, pricing, and more.

We understand how daunting it is to start a streaming service from scratch, especially when you are not a technical person, hence we intend to help you choose the right OTT platform provider for your streaming business.

Current OTT Video Market Insights Worldwide

With the penetration of high-speed internet facilities and smart devices like Mobiles and Smart TVs, the demand for streaming services is increasing exponentially.

Moreover, factors like lower subscription costs, flexibility in packages, on-the-go viewing experience, availability of content on a wide range of devices, and a variety of genres to explore, are the main reasons OTT streaming services are rising year by year.

Suppose you are a filmmaker/movie producer/content distributor, looking forward to building a secure video streaming business. In that case, you can start with on-demand video streaming services for a fixed price.

You can also use the OTT technology to deliver video content as a monthly subscription if you’re into teaching or the fitness industry.

The market opportunity to earn money using OTT streaming services is plenty. Dive in and explore the OTT world, but with a trustworthy and reliable streaming platform provider.

So, What are OTT Platforms?

An OTT streaming platform or service is a website or app that offers streaming content to viewers who can access their favorite programs and movies by paying a fee. These services are accessible on all sorts of internet-enabled devices, including smart TVs, gaming consoles, laptops, desktops, smartphones, and tablets.

Video-on-Demand and live video streaming are part of the OTT delivery model because to watch such content, one just has to have access to the internet instead of relying on traditional services like cable TV or satellite. So, while OTT refers to the content distribution model, VoD stands for the content consumption model. 

Things to Consider While Choosing the Best OTT Platform Provider for Videos

Choosing a reliable OTT platform provider for videos hosting and streaming is an extensively researched decision incorporating all the factors involved such as setup costs, content type, maintenance, multi-app support, and much more. 

To ease up the process here are factors that must be considered while choosing an OTT streaming platform.

Development & Architecture Cost

The development and architecture cost is one of the most significant factors that must align with your business and budget goals. We recommend that before making a purchase, you must carefully evaluate the pricing structure of the OTT platform provider.

Scalability & Multi-Ecosystem Support

As your audience develops and your content library grows, scalability becomes increasingly important. Make sure the OTT streaming platform can handle more users and content without sacrificing performance. 

Design Flexibility 

UI/UX is the most important factor determining the success of any online video streaming business. Users today want a seamless streaming experience and all successful platforms are extremely tailored to meet these requirements. 

Hence, while selecting the OTT platform provider for your videos, always make sure that it offers multiple customizable templates, themes, and branding options.

Data Security

The Internet today has become a hub of piracy with content being stolen every day. This results in copyright violations and not to mention, losses to everyone involved in the industry. 

Evaluate the OTT platform’s security features, including secure video hosting, content encryption, access control, and digital rights management (DRM) capabilities. Robust security measures not only protect your content but also build trust with your audience.

Reliable Customer Support Infrastructure

Running an OTT video service is a dynamic process where everything happens in real-time. Just like every software, glitches and bugs sometimes creep in. It is therefore extremely important to have a robust customer support infrastructure that can minimize downtime and the scope of streaming errors.

Top 10 OTT Platform Providers In 2024

Here’s a curated list of the best OTT platforms, using which you can build your own video streaming service in 2024.

The list is rated by industry experts and involves a detailed comparison of key OTT parameters like the platform’s built-in features, performance, reliability, and pricing.

1. Muvi One

Muvi One is a leading, end-to-end cloud OTT platform provider, allowing you to launch video/audio streaming services instantly. 

Major Benefits Offered by Muvi One – 

• Launch websites, multiple Mobile and TV apps across various ecosystems like Roku, Android TV, iOS, LG TV, Amazon Fire TV, Apple TV, Samsung TV, and more.
• Highly recommended for video-on-demand services, Audio streaming, Live streaming, and cloud TV streaming.
• Fully customizable platform with No-Coding setup – No IT team – No developers required

Pros:

• Secure cloud video hosting for unlimited content storage
• Reliable Amazon CloudFront CDN
• Auto Encoding and Adaptive Multi Bitrate Transcoding
• Cross-browser and cross-device video playback capability
• Completely white-label platform – No branding of Muvi anywhere
• High-end video security features like multi-DRM, watermarking, screen record protection, and IP restrictions among others
• HTML5 Customizable Video Player
• Multiple Monetization models like subscriptions, Pay-per-view, Ads, etc.
• 24 X 7 customer support by dedicated account managers.

Muvi One Pricing

Muvi has multiple pricing tiers for organizations with different sizes and budgets: 

• Standard: $399 per month (includes 1TB of bandwidth & 1TB of video storage, 2000 concurrent viewers)
• Professional: $1,499 per month (includes 2TB of bandwidth & 2TB of video storage, 10000 concurrent viewers, AI-based recommendation engine, SLA-based support)
• Enterprise: $3,900 per month (includes 5TB of bandwidth and 5TB of video storage, 50,000 concurrent viewers, a dedicated server with auto-scaling, and premium customer support with a dedicated account manager)

Not sure about the pricing plans? Take a 14-day free trial. No Credit Card required.

2. Wowza

An OTT platform designed to build powerful and responsive video streaming services. Comes with a suite of features, video-on-demand, live video streaming, etc. It offers easy-to-use developer tools for hassle-free channel building including cloud video streaming APIs, SDKs, etc. 

Benefits of using Wowza

• Embeddable video platform for seamless video streaming
• Fully integrated live recording and OTT streaming setup
• Supports virtual reality and 4k streaming
• Highly scalable with extensible elemental design

Pros:

• Fully Customizable OTT platform – Build any streaming solution you want
• Easy-to-use video content management system
• Ensures low latency video streaming with multiple CDNs

Cons:

• Monetizing content is not feasible – Limited monetization tools
• Not at all suitable for eLearning
• No scope for white-label websites and mobile apps

Wowza Pricing

• Pay-As-You-Go with $2.50 per streaming hour, $0.10 per viewer hour
• $149 per month for 500 viewing hours – Storage cost is extra

3. Vimeo OTT

Vimeo is one of the best OTT platforms for content creators with an easy-to-use interface and advanced video editing tools. Vimeo is a good fit for small to large organizations and also offers access to mobile SDKs and Vimeo’s API.

Key Highlights of Vimeo OTT Platform

• Reliable content distribution networks around the globe
• Delivers the best streaming experience to viewers
• Monetizing videos is easier with multiple monetization tools
• Zero coding setup – No IT team required
• Compatible with live streaming and cloud video hosting

Pros:

• A gallery full of video website templates
• Feature-rich built-in video editor
• Multiple Monetization options including AVOD, SVOD, and TVOD
• Live streaming with world-class CDN and auto archive support

 Cons:

• Vimeo doesn’t support audio streaming
• No control on content storage – Contents with fewer views get auto-deleted
• Hefty commissions on monthly earning
• Difficult to customize the website’s look and functionalities 

Vimeo OTT Pricing:

• $20 per month – 100 GB video storage
• $33 per month – 1TB storage
• $108 per month – 5TB content storage with Vimeo AI

4. Kaltura

Kaltura is an open-source OTT platform provider that allows developers to build flexible streaming services through on-demand videos and live streaming. Highly recommended for creating eLearning services as the platform supports live webcasting and real-time conferencing.

Some Noteworthy Benefits Offered by Kaltura:

• Wide range of video communication tools such as live webinars, interactive town halls, virtual meetings, and motivational podcasts
• Fully customizable platform – you can embed multiple third-party integrations and add-ons 
• In-depth video metrics and analytics for deep engagements

Pros:

• Best transcoding feature ensuring the finest OTT streaming
• High reliability and scalability during live-streaming
• 99% Up-Time
• Allows repeated streaming of pre-recorded content 

Cons: 

• Hard to customize – the visual designer is not available
• Very high pricing – Not recommended for small organizations
• Kaltura only allows monetization with external integrations
• Kaltura does not support an SSL built-in paywall

 Kaltura OTT Pricing:

• Various pricing plans available for businesses and corporates – Quotes can be requested on their website.
• Pay-as-you-go plan for creators

Want to compare Kaltura vs MuviOne? Check here

5. Brightcove

Brightcove is one of the top OTT platforms offering a well-equipped video hosting suite including video-on-demand technology, cloud encoding & transcoding, and live streaming solutions.

Key Features of Brightcove OTT platform

• Easy to use and has a lot of pre-built OTT streaming features
• 16 global data centers delivering superior video streaming quality
• Supports all kinds of revenue generation models for online video content
• Enterprise-grade content storage and video security
• Auto-integration with Google Analytics for detailed user reporting

Pros:

• Top-tier CDN for effective lag-free video delivery across devices
• Multiple monetization modes – Ads, subscriptions, Paywalls, and coupons
• Custom video player for all device playback 
• Live recording and streaming compatible OTT platform

Cons:

• High-pricing plans are only suited for large enterprises
• In China, video delivery is not supported
• Additional purchase is required for customer support

Brightcove OTT Pricing

No direct pricing plans. Request for a customized quote to Brightcove’s Sales team.

6. Uscreen

Uscreen is one of the best OTT platforms for video distribution and monetization online. Using Uscreen, creators can build a world-class video streaming platform and stream videos for a profitable subscription business.

Major Benefits of Uscreen:

• Extensive video monetization options – bundles, subscriptions, one-off sales, tier pricing, etc.
• Video streaming in Full HD quality
• White-Label website & mobile apps with visual designer and a wide range of templates
• offers native integration capability with third-party applications such as Mailchimp, Google Analytics, and many more.

Pros:

• Application development support for 6+ streaming ecosystems
• Single CMS to manage and stream videos
• Customizable VoD templates and HTML5 Online Video player with branding options
• In-depth video analytics on viewership 

Cons:

• Revenue sharing – $2 per subscriber
• Limited options for ad-based video monetization
• Mobile Apps deployment takes a lot of time – 30 to 45 days

Uscreen pricing:

• Growth package – $149 per month – 100 hours of video storage
• Pro Package – $499 per month – 150 hours of storage with a dedicated success manager

7. VPlayed

Another leading OTT platform provider, Vplayed’s 100 percent customizable solution comes with 500+ powerful streaming features that ensure a fully functional and responsive OTT platform creation. Catering to all types of audiences such as entertainment, broadcast, education, and much more, VPlayed boasts a long list of satisfied customers who are running their business on the platform.

Major Benefits Offered by VPlayed

• Upload and publish videos from one single dashboard through a built-in Video Content Management System
• Completely white-label OTT streaming platform
• Multi DRM integrations ensuring Enterprise-grade content security
• HLS streaming feature for global live streaming events 

Pros:

• Cloud Transcoding technology for lag-free playback on the user’s end
• 6+ Multiple monetization modes for creators
• Access all apps and websites from a single CMS

Cons:

• No customizations available for the Online Video player
• Takes a lot of time to deploy video streaming website as well as the Mobile and TV apps
• No free trial to get a hands-on experience with the product

VPlayed OTT Pricing:

VPlayed offers quote-based pricing plans. Please request a quote by filling out the inquiry form on their website.

8. IBM Watson Media

IBM Watson Media is a worthy competitor in the list of best OTT platforms. Streaming over 2 million live events, Watson Media is one of the leaders in the industry offering enterprise video streaming, content delivery network, and OTT video management. 

Key Benefits Offered by IBM Watson Media

• Collection of cloud-based IBM Software solutions – 100% Trustworthy
• Robust built-in advanced OTT streaming features ensure professional online video distribution
• Detailed user-data analytics for understanding the behavior of target audiences

Pros:

• Cross-device compatibility – Seamless video playback on mobile devices, Laptops, Tablets, and Smart TVs
• Round-the-clock customer support by dedicated account managers
• Flexible video monetization options – ads and subscriptions
• Content security protocols with Multi DRM integrations
• 30-day Free trial available with all-features access

Cons:

• White-label features are not available with all plans
• Built for businesses and lacks features required for video streaming

Watson Media OTT Pricing

• Silver – $137/month (100 viewer hours + 1TB Video storage)
• Gold – $688/month (2000 viewer hours + 2TB Video storage)
• Platinum – $1380/month (5000 viewer hours + 5TB Video storage)

9. Dacast

Dacast is among the TOP 10 OTT platform providers that offer a professional video streaming service inclusive of everything OTT – video hosting, distribution, monetization, broadcasting end-to-end live streaming, and Analytics. 

Prominent Benefits Offered by Dacast

• Dacast offers both live streaming as well as video streaming and is ideal for live streamers/content creators who are stepping into OTT streaming services.
• Powerful and secured global content delivery networks for seamless video streaming
• 24/7 Tech assistance via voice call or live chat
• Instantly scalable for live-streaming events

Pros:

• End-to-end encryption, Tokenized access, Password Restrictions for platform security
• Mobile & Smart TV applications support – Apple TV, Roku etc
• Real-time user analytics and engagement features

Cons:

• Dacast doesn’t support multiple monetization options, which affects the earning flow
• Charges commission per viewer despite taking a subscription fee for the platform

Dacast OTT Pricing

• Starter – $39/month (2.4 TB Bandwidth – 500GB storage)
• Event – $63/month ( 6TB upfront Bandwidth – 250GB storage)
• Scale – $165/month (24 TB Bandwidth – 2000 GB storage)

10. JW Player

JW Player is also featured in the list of TOP 10 OTT platform providers. JW Player allows video-driven companies/individuals to maximize their revenue flow by offering an end-to-end robust video streaming solution with flexible monetization features.

Some Highlighted Features of JW Player

• Delivers dedicated OTT apps for Mobile & TV across multiple ecosystems
• Multiple monetization modes – AVoD, SVoD, TVoD
• Built-in studio-approved DRM for video content security
• Easy-to-use CMS for streamlining video workflows

Cons:

• Live streaming using camera/mobile devices is not possible
• Lacks in terms of multiple payment gateways and multi-currencies
• No analytical reports on user engagement and revenue

JW Player OTT Pricing

No direct pricing plans are available. Contact the sales team for quote-based pricing.

Why Muvi One Tops The List Of Best OTT Platforms?

Muvi One ranks #1 among the Top 10 OTT platform providers worldwide. Trusted by brands like Sony, Philips, and Intel, Muvi One has emerged as a leading player in the video streaming niche. 

Have a Look at the Stand-Out Features of Muvi One – 

• Both video-on-demand and live video streaming functionalities
• Video encoding and transcoding at multiple bitrates
• Advanced HTML5 video player supported adaptive bitrate video playback
• Multi CDN option for a fast, latency-free video delivery
• Adaptive online video player
• High-end video security features like multi-DRM, watermarking, screen record protection, and IP restrictions among others
• Cross-browser and cross-device video playback capability
• Fully customizable website with ready-to-plug/use templates
• An advanced CMS with an array of content management features
• Multiple social media channel integration
• Video streaming API
• Zoom live streaming integration
• Multiple monetization models that include subscriptions, ad-based, and TVoD
• Integration with reliable payment gateways like Paypal, Stripe, PayU, Authorize.net, etc
• Full video API integration
• SDKs for iOS and Android developers

Get Started with Muvi One Now

If you are a content creator and want to build your white-label video streaming platform like Netflix or Disney+, we would recommend you take advantage of Muvi One’s 14-day Free Trial and test out all the features of our enterprise-grade OTT platform. Sign up now!!!!!!