How Much Does It Cost to Build an App Like Eurosport?
Aug 2024
Messi is playing the classic football final, everybody across the world is glued to their mobiles to watch him win his first World Cup final. In times like this, sports apps like Eurosport generate high revenue with millions of app users.
Well, someone said “Watching sports is my cardio” and that is true for many of us. So there’s no such thing as a dull moment in this industry and this is why, it is a time where you must think about developing a sports app like Eurosport.
Eurosport provides sports-related information such as live sports updates, streaming medium, news, and scores along with personalized experience, interactive features, multi-screen viewing, and more. Sports season is a forever season and to invest in a sports app development is a win-win situation for investors.
What Is Eurosport?
It is one of the leading sports apps in European countries such as France, United Kingdom, Germany, and Italy to broadcast sports such as tennis, football, cycling, swimming, motorsports, etc. Besides broadcasting, Eurosport offers services such as live scores, news, and updates on sports. The Eurosport app has more than 10 million downloads now only on Google Play Store.
According to the G2 stack, Eurosport uses forty-four technologies, tools, and services and uses 82 technologies for its website, according to BuiltWith.
Types of Sports Apps
Hire dedicated developers to develop and maintain such sports live streaming apps, news apps, sports betting apps, etc. To name a few, there are many types of sports apps available on the internet.
- Live Streaming Apps
Such apps allow users to watch sports in real-time on their devices. These apps have main features such as broadcasting support, multilingual support, real-time commentaries, analysis, etc.
- ScoreKeeping and Live Score Apps
These apps provide real-time information on any sport such as scores and statistics. Besides the score progress, they also provide information on detailed statistics, player and team performance metrics, notifications, and related data and game summaries.
- Sports News Apps
They offer the latest news, articles, updates, and analysis on different sports games. These apps also feature interviews, in-depth articles, and multimedia content on sports, players, teams, and related people.
- Sports Betting Apps
To bet on their favorite players and teams, people are inclined towards such apps to gamble legally. These apps allow users to bet online with secured payment methods along with keeping tabs on user history and transactions.
- Fitness and Training Apps
These apps provide personalized fitness training and workout plans for their users. They also help in monitoring health and fitness parameters.
- Team Management Apps
These apps are often used by team coaches, mentors, and game boards to manage their teams on a single platform. They also have features such as chat features, calendars, scheduling, and analytics based on the gathered data.
- Ticket Booking Apps
These apps allow sports enthusiasts to book their seats in advance from their devices. With secured payment methods and real-time traffic management, these apps help in ticket booking.
Now let’s have detailed cost information to develop an app like Eurosport and the factors affecting such cost.
How Much Does It Cost to Build a Sports App Like Eurosport?
There is no specific amount to answer because it depends on many factors. Let’s break down the whole structure one by one.
Type & Complexity of an App
There are three different categories on which you can categorize any app such as:
- MVP (Minimum Viable Basic) Basic Apps: These apps include all the basic and core features such as LogIn/Registration, access to some live event scores, basic streaming quality, etc. The cost to develop such apps can range from $45,000 to $150,000.
- Intermediate (Mid-level) Apps: This level of app costs $175,000 to $400,000 including features such as high streaming platforms, replay and highlight options, and basic interactive features.
- Advanced Apps: With advanced features and technologies, the cost of such apps ranges from $400,000 to $850,000. Location of Development Team
It is an important factor that affects the cost of developing an app like Eurosport. Cost varies based on the location of the development team, team size, and expertise. Hire dedicated developers for your next development from regions with lower development rates.
Compliance and Security Standards
It is crucial to guarantee adherence to legal and regulatory requirements, particularly about data security and user privacy. Creating features to comply with local laws or compliance standards like GDPR can increase the cost.
Furthermore, developing an app similar to Eurosport becomes more expensive when strong security measures are put in place to safeguard user data and stop intrusions.
App Platform
The choice of launching platform affects the cost such as iOS, Android, or both. The choice of platform depends on the target market and target region. Choosing both platforms can double development costs but it also helps in mitigating the maintenance cost later. Hire an app development company to help you build a cross-platform sports app like Eurosport.
Choice of Tech-Stack
The tech stack chosen to develop an app impacts the cost. More advanced and newer technologies will require experts to work on the app and it may affect the cost but on the positive side, with advanced technologies, you can make your app future-ready.
Maintenance & Support
Post-launch services such as bug identification and fixes, user behavior analysis, regular updates, real-time traffic management, and others affect the cost of developing an app like Eurosport. The higher the maintenance services, the higher the cost.
Why Invest in a Sports App Development?
Here are some statistics that might interest you to invest in the sports app development:
Sports app is used for approximately one hour per day which indicates a great daily user engagement on the app.
Total revenue is expected to show an annual growth rate (CAGR 2022-2027) of 9.66%, resulting in a projected market volume of US$4.18bn by 2027. (Source)
The global sports app market size was estimated at USD 3.66 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 10.9% from 2023 to 2030.
Mobile apps are expected to generate over $935 billion in revenue in 2024.
These stats show the promising future of sports apps in the coming times. Sports app development is now emerging as a promising investment to look out for. The sports app development industry is growing because of the advanced technology and its never-ending charm. The sports app industry can achieve more and more now with AI integration. You might be wondering how such apps can make money. Let’s delve deep into that.
How to Make Money from Sports App Development?
Sports app like Eurosport uses different monetization methods to make money out of it. Here are some methods to use to make money out of your sports app.
In-App Advertising
Sometimes, apps allow third parties to run their ads on their app. These ads can contain banner ads, video ads, native ads, etc. App owners charge third parties based on different methods like cost-per-mille, cost-per-click, cost-per-action, and Cost-per-install.
Subscription Model
Apps charge premium fees from their users for some premium content. There are mainly two types of subscription models are there:
- Freemium Model: Apps provide some basic features and content for their users for free and charge for premium content and features.
- Tiered Subscriptions: These apps offer users different types of subscription plans. Each plan varies the degree of access and features.
In-App Purchases
In this method, sports apps offer their users exclusive content, virtual goods, or some advanced features to buy from the app.
Collaborations
To share exclusive and unique content, apps send collaboration requests to other brands, influencers, and sports teams.
Affiliate (Commission-based) Marketing
Sports apps sell the sports team goods, merchandise, and tickets on their app and make money based on commissions.
Crowdfunding and Donation
Apps run crowdfunding campaigns to launch new app features and updates. In addition to that, apps run an in-app donation feature to ask their users to support the app.
Conclusion
Investing in sports app development is a big move and we understand the cruciality of the app performance. We have been in this field since 2011, Hire mobile app developers from Hyperlink Infosystem as we provide proven records in app and web development.
Custom sports apps are our specialty. We have an experienced and expert team that makes sure your app stands out in the market. We believe in delivering solutions that are future-ready, win over customers, and satisfy app and user requirements.
Frequently Asked Questions
The price to develop an app like Eurosport starts from $50,000 depending upon many factors like choice of technology, development team locality and size, and app complexity, etc.
To develop a basic MVP model for apps like Eurosport can generally take 6 to 8 months. However, the time to develop an app like Eurosport depends on factors such as app complexity, team size, tech stack, etc.
Sports apps use In-app purchases, collaborations, third-party ads, and many other methods to make money.
Investing money is no joke. It must convert into a great ROI. To build a top-notch application and to provide a smooth user experience to the app users, it is important to choose the right company.
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