Tieto

Trust and transparency is key to digitalization

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About Tieto
Tieto aims to capture the significant opportunities of the data-driven world and turn them into lifelong value for people, business and society. We aim to be customers’ first choice for business renewal by combining our software and services capabilities with a strong ...
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$300+/hr
10000+
1968
Finland, Russia
Tieto
Trust and transparency is key to digitalization
0.00/5 (0 Reviews)
Services

Digital experience and consulting
Industry solutions and software
Software R&D services
Cloud transformation
Data and AI
Managed services and integration
QA and Testing

Focus
Service Focus
Discussions
Formerly known as ‘Musical.ly,’ TikTok is the most trending and popular app at present as compared to all the music video apps. TikTok was launched in China in September 2016 is now active in 150 countries in 75 languages. The success rate of the TikTok app is rising exponentially with each day, and it is predicted that this remarkable success will make the TikTok no.1 trending app in app stores by 2020.  The TikTok app enables its users to create 15-second video content, with the audio clips or dialogues played in the background. The users get the benefit to add their creativity and show their talent to the world by lip-syncing, dancing, comedy skits, and many more.  This makes us wonder how TikTok managed to reach the top position so soon? I have tried to answer a few questions related to the overnight success of the TikTok app below.  How did TikTok got listed among the top apps?   Studies reflect that Tiktok users on an average spend 52 minutes per day.  If we consider the installation metrics, the TikTok app has been installed around 1.27 billion times. Surprisingly, TikTok is preferred more by Males, the user base consists of 56% male and 45% female.  The percentage of users, according to their age group, are listed below.   The exponential growth of the app in the last six months of 2018 has been reflected below.  What are the Revenue Statistics of an app like TikTok?  Though it is a vast marketplace, TikTok does not allow paid advertising in the app. Moreover, it is free to use. However, TikTok earned $3.5 million through the in-app purchases of emojis, and digital gifts by October 2018.  The table below depicts the exponential growth in the revenue statistics of the app in a year:- Users have spent about $97.4 million by the year 2019. It is manifested that the total revenue increment by 2019 would be $4.8 million and by 2020 by $8.2 million roughly.  What are the crucial features and estimate required to develop an app like TikTok?  While planning to develop an app like TikTok, it is advisable to consider adding below mentioned features:  USER INTERFACE   Login: The login screen needs to be the most attractive feature of the app. The login form must be small and should even allow login through a social media account.  Video: The video section is the main section of the app, and it should get the maximum attention from both the development and user front. The users should be provided with the authority to create and share videos. Moreover, the feature must also let them save the video for later use. Additionally, the users should also be provided with the facility to share it on social media.  Notifications: Users must receive on-time notifications about the likes and shares on their videos.  Settings: Users should be authorized to make relevant changes in the setting section about their profile, password, and blocked users.   ADMIN-PANEL  The admin panel should be planned and developed in such a manner that the users get the authority to manage and control the following tasks:   Content  Notification  Followers Flagged video  Report handling   How much would it cost to develop an app like TikTok?  The exact cost to develop an app like TikTok depends on the number of hours consumed, Platform preference, Design complexity, Basic Features Offered, Additional Features, Resources Required, and the Location of the Target Audience among others. PLATFORM  The developer should be very clear while selecting the platform for its app and its relevant costs. Choose whether you want to create an app like TikTok for iOS users or Android users or both and then initiate the development of the app according to the chosen format.  LOCATION-BASED  The development cost varies based on its location-specific availability. It depends on whether you want your app to be available exclusively in your country or you want to expand its users worldwide. Making it specifically for your country, or region will require a proportionate database while making it global would need a robust database. It is advisable to be specific to a limited region initially and then expand globally as the app prospers.  DESIGN OF LOGO It is crucial to design a logo that speaks volumes and is self-explanatory in itself, along with being catchy and eye-friendly. A proper estimate should be assigned for designing the logo of your app. OTHERS  If you want your app to appear and function exactly like TikTok, make a list of the extra features you wish to include in your app. Next, find out the estimate of the cost of additional features of the app, avoiding the loopholes in the unique characteristics of your app. The cost estimation of all the resources required in the development process like technology, interface, tools, programming, database, and the other is equally important. Pricing Structure of an app similar to TikTok depends on the factors mentioned above. The rough estimation is given below: Basic Version: around $25,000  Advanced Version: $40,000-$60,000  Which is the Best Mobile App Development Company that can build an app like TikTok?  OpenXcell is an expert in delivering high performance and scalable mobile apps on both Android and iOS platforms. The expert team of app developers at the company understands every block of the entire app building process.  Conclusion:  The mobile app development process has to deal with the inevitable challenges and complexities, usually related to technical efforts, choices of resources, and overall cost of development as well as post-development marketing.  The primary point to focus on while developing an app like TikTok is to consider that the app generates a significant portion of its revenue from the advertisements and in-app purchases.
Formerly known as ‘Musical.ly,’ TikTok is the most trending and popular app at present as compared to all the music video apps. TikTok was launched in China in September 2016 is now active in 150 countries in 75 languages. The success rate of the TikTok app is rising exponentially with each day, and it is predicted that this remarkable success will make the TikTok no.1 trending app in app stores by 2020.  The TikTok app enables its users to create 15-second video content, with the audio clips or dialogues played in the background. The users get the benefit to add their creativity and show their talent to the world by lip-syncing, dancing, comedy skits, and many more.  This makes us wonder how TikTok managed to reach the top position so soon? I have tried to answer a few questions related to the overnight success of the TikTok app below.  How did TikTok got listed among the top apps?   Studies reflect that Tiktok users on an average spend 52 minutes per day.  If we consider the installation metrics, the TikTok app has been installed around 1.27 billion times. Surprisingly, TikTok is preferred more by Males, the user base consists of 56% male and 45% female.  The percentage of users, according to their age group, are listed below.   The exponential growth of the app in the last six months of 2018 has been reflected below.  What are the Revenue Statistics of an app like TikTok?  Though it is a vast marketplace, TikTok does not allow paid advertising in the app. Moreover, it is free to use. However, TikTok earned $3.5 million through the in-app purchases of emojis, and digital gifts by October 2018.  The table below depicts the exponential growth in the revenue statistics of the app in a year:- Users have spent about $97.4 million by the year 2019. It is manifested that the total revenue increment by 2019 would be $4.8 million and by 2020 by $8.2 million roughly.  What are the crucial features and estimate required to develop an app like TikTok?  While planning to develop an app like TikTok, it is advisable to consider adding below mentioned features:  USER INTERFACE   Login: The login screen needs to be the most attractive feature of the app. The login form must be small and should even allow login through a social media account.  Video: The video section is the main section of the app, and it should get the maximum attention from both the development and user front. The users should be provided with the authority to create and share videos. Moreover, the feature must also let them save the video for later use. Additionally, the users should also be provided with the facility to share it on social media.  Notifications: Users must receive on-time notifications about the likes and shares on their videos.  Settings: Users should be authorized to make relevant changes in the setting section about their profile, password, and blocked users.   ADMIN-PANEL  The admin panel should be planned and developed in such a manner that the users get the authority to manage and control the following tasks:   Content  Notification  Followers Flagged video  Report handling   How much would it cost to develop an app like TikTok?  The exact cost to develop an app like TikTok depends on the number of hours consumed, Platform preference, Design complexity, Basic Features Offered, Additional Features, Resources Required, and the Location of the Target Audience among others. PLATFORM  The developer should be very clear while selecting the platform for its app and its relevant costs. Choose whether you want to create an app like TikTok for iOS users or Android users or both and then initiate the development of the app according to the chosen format.  LOCATION-BASED  The development cost varies based on its location-specific availability. It depends on whether you want your app to be available exclusively in your country or you want to expand its users worldwide. Making it specifically for your country, or region will require a proportionate database while making it global would need a robust database. It is advisable to be specific to a limited region initially and then expand globally as the app prospers.  DESIGN OF LOGO It is crucial to design a logo that speaks volumes and is self-explanatory in itself, along with being catchy and eye-friendly. A proper estimate should be assigned for designing the logo of your app. OTHERS  If you want your app to appear and function exactly like TikTok, make a list of the extra features you wish to include in your app. Next, find out the estimate of the cost of additional features of the app, avoiding the loopholes in the unique characteristics of your app. The cost estimation of all the resources required in the development process like technology, interface, tools, programming, database, and the other is equally important. Pricing Structure of an app similar to TikTok depends on the factors mentioned above. The rough estimation is given below: Basic Version: around $25,000  Advanced Version: $40,000-$60,000  Which is the Best Mobile App Development Company that can build an app like TikTok?  OpenXcell is an expert in delivering high performance and scalable mobile apps on both Android and iOS platforms. The expert team of app developers at the company understands every block of the entire app building process.  Conclusion:  The mobile app development process has to deal with the inevitable challenges and complexities, usually related to technical efforts, choices of resources, and overall cost of development as well as post-development marketing.  The primary point to focus on while developing an app like TikTok is to consider that the app generates a significant portion of its revenue from the advertisements and in-app purchases.

Formerly known as ‘Musical.ly,’ TikTok is the most trending and popular app at present as compared to all the music video apps. TikTok was launched in China in September 2016 is now active in 150 countries in 75 languages. The success rate of the TikTok app is rising exponentially with each day, and it is predicted that this remarkable success will make the TikTok no.1 trending app in app stores by 2020. 

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The TikTok app enables its users to create 15-second video content, with the audio clips or dialogues played in the background. The users get the benefit to add their creativity and show their talent to the world by lip-syncing, dancing, comedy skits, and many more. 

This makes us wonder how TikTok managed to reach the top position so soon? I have tried to answer a few questions related to the overnight success of the TikTok app below. 

How did TikTok got listed among the top apps?  

  • Studies reflect that Tiktok users on an average spend 52 minutes per day. 
  • If we consider the installation metrics, the TikTok app has been installed around 1.27 billion times.
  • Surprisingly, TikTok is preferred more by Males, the user base consists of 56% male and 45% female. 
  • The percentage of users, according to their age group, are listed below.  
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  • The exponential growth of the app in the last six months of 2018 has been reflected below.
undefined

 What are the Revenue Statistics of an app like TikTok? 

Though it is a vast marketplace, TikTok does not allow paid advertising in the app. Moreover, it is free to use. However, TikTok earned $3.5 million through the in-app purchases of emojis, and digital gifts by October 2018. 

The table below depicts the exponential growth in the revenue statistics of the app in a year:-

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Users have spent about $97.4 million by the year 2019. It is manifested that the total revenue increment by 2019 would be $4.8 million and by 2020 by $8.2 million roughly. 

What are the crucial features and estimate required to develop an app like TikTok? 

While planning to develop an app like TikTok, it is advisable to consider adding below mentioned features: 

USER INTERFACE  

  1. Login: The login screen needs to be the most attractive feature of the app. The login form must be small and should even allow login through a social media account. 
  2. Video: The video section is the main section of the app, and it should get the maximum attention from both the development and user front. The users should be provided with the authority to create and share videos. Moreover, the feature must also let them save the video for later use. Additionally, the users should also be provided with the facility to share it on social media. 
  3. Notifications: Users must receive on-time notifications about the likes and shares on their videos. 
  4. Settings: Users should be authorized to make relevant changes in the setting section about their profile, password, and blocked users.  
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ADMIN-PANEL 

The admin panel should be planned and developed in such a manner that the users get the authority to manage and control the following tasks:  

  • Content 
  • Notification 
  • Followers
  • Flagged video 
  • Report handling  

How much would it cost to develop an app like TikTok? 

The exact cost to develop an app like TikTok depends on the number of hours consumed, Platform preference, Design complexity, Basic Features Offered, Additional Features, Resources Required, and the Location of the Target Audience among others.

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PLATFORM 

The developer should be very clear while selecting the platform for its app and its relevant costs. Choose whether you want to create an app like TikTok for iOS users or Android users or both and then initiate the development of the app according to the chosen format. 

LOCATION-BASED 

The development cost varies based on its location-specific availability. It depends on whether you want your app to be available exclusively in your country or you want to expand its users worldwide. Making it specifically for your country, or region will require a proportionate database while making it global would need a robust database. It is advisable to be specific to a limited region initially and then expand globally as the app prospers. 

DESIGN OF LOGO

It is crucial to design a logo that speaks volumes and is self-explanatory in itself, along with being catchy and eye-friendly. A proper estimate should be assigned for designing the logo of your app.

OTHERS 

If you want your app to appear and function exactly like TikTok, make a list of the extra features you wish to include in your app. Next, find out the estimate of the cost of additional features of the app, avoiding the loopholes in the unique characteristics of your app. The cost estimation of all the resources required in the development process like technology, interface, tools, programming, database, and the other is equally important.

Pricing Structure of an app similar to TikTok depends on the factors mentioned above. The rough estimation is given below:

Basic Version: around $25,000 

Advanced Version: $40,000-$60,000 

Which is the Best Mobile App Development Company that can build an app like TikTok? 

OpenXcell is an expert in delivering high performance and scalable mobile apps on both Android and iOS platforms. The expert team of app developers at the company understands every block of the entire app building process. 

Conclusion: 

The mobile app development process has to deal with the inevitable challenges and complexities, usually related to technical efforts, choices of resources, and overall cost of development as well as post-development marketing. 

The primary point to focus on while developing an app like TikTok is to consider that the app generates a significant portion of its revenue from the advertisements and in-app purchases.

Contact information
fi
Tieto
Aku Korhosen tie 2-6 P.O.Box 38, Helsinki, Uusimaa 00441
Finland
3582072010
ru
Tieto
1st Tverskaya-Yamskaya str. 21 P.O.Box Four Winds Plaza, Moscow, Moscow 125047
Russia
lt
Tieto
Lvovo g. 105A, Vilnius, Vilnius 08104
Lithuania
dk
Tieto
Frederiksborggade 15, Copenhagen, Copenhagen 1360
Denmark
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