How to Make a Live Streaming Website: Features, Tech Stack, and Estimate

People are becoming more tech-savvy. Live streaming goes mainstream. Users want to be more open and share their experiences with people from all over the world. Live streaming is expected to be a $70.5 billion worth industry by 2022. So, the question arises — how to make your own live streaming website and not to fail?

In this guide by Cleveroad, we’ll discuss the must-have features, tech stack, and cost to build a live streaming website.

To give you a hint, here’s a quick overview of how to create your own live streaming website:

Step 1. Come up with a unique idea and validate it
Step 2. Define the project’s requirements
Step 3. Choose a business model
Step 4. Think of appealing UI/UX design
Step 5. Find an experienced IT vendor
Step 6. Build MVP live streaming website
Step 7. Test the site and launch it to the first users
Step 8. Monitor key metrics and promote the platform