Ever since smartphones became capable enough to play videos within its small screens, the number of online video viewers have grown exponentially.
According to a study conducted by PointsGroup, mobile video views have been increased by 400% between 2012 to 2014, and 50% of global video views are happening on the mobile devices.
The video editing app industry has been around for a while now, and the majority of people now prefer video editing solutions through a mobile video editing app to create videos quickly. Yet, many of them still struggle to find a video editing app solution to create Attention to detail videos that present a story.
Background of Video Editing App - Magisto
Magisto is a mobile video editing app solution for automated video editing and storytelling which focuses on consumers as well as businesses. Magisto, the video editing app was first founded in 2009 as SightEra by Dr. Oren Boiman (CEO) and Dr. Alex Rav-Acha (CTO) with the idea of video creation without the time-consuming process of video editing.
In 2010, the app received $5.5 million of funding from Horizons Ventures and Magma Ventures Partners.
Furthermore, when they launched the video editor app Magisto publicly on September 20th, 2011, the app received a pretty generous response from the market. Within just 2 years, the app reached 5 million users while, in 2014, the company reported to reach 20 million users with gaining 2 million new users each month.
The Problem Mobile Users Face in Video Editing Apps
Each individual love to share their whereabouts and life events with their friends and family on social media. In fact, it has become a trend for a long time now. People, whether they’re trying out a new restaurant, going to a live show, or traveling to another city, they always click pictures, create short videos to keep them as a memory.
While it’s true that not everybody is a professional photographer or a video editor. And, at some point, they all have to take help from photo editing app and video editing app to turn their captured memories into incredibly beautiful stories to share them. But, the problem is, there aren’t many good video editor apps available as much as photo editing apps. Though the amount of video editing app is large, but mobile users mostly are not completely satisfied with the features it has to offer.
Solution For Mobile Video Editing App Market
Similar to Magisto, you can aim at developing a video editing app like Magisto to target mobile video market, which, by the way, is estimated to reach $25 billion by 2021.
Through your video editing app like Magisto, you can offer a number of video editing features such as story creation, theme-based video creation, filter-based video creation and so on, for mobile users according to their needs.
The mobile video market can benefit greatly from a video editor app that serves video editing features according to recent users’ demand and to help them create stories that come alive with your innovative features.
How You Can Earn $$$ With a Video Editing App Like Magisto
The best way to earn money through a video editor app like Magisto is by developing a freemium video editing app to serve both consumers as well as businesses segment. Generally, a freemium video editing app offers users to create short videos for free. But, you can plan to offer long length story creation, unbranded videos, and ability to store videos in-app account in the future.
Such business models of freemium apps have always been successful for the most mobile applications as they allow users to install an app for free to use basic features, and offer paid features via in-app purchases.
Development Services By Space-O For Video Editing App Like Magisto
For over 5 years, we’ve been serving many clients from Florida, Chicago, California, in fact from all over the world to develop a mobile application based on their unique idea and establish a successful startup.
We’re proud of our expert team of mobile app developers who have worked on various clone app ideas of our clients, and they have also developed mobile apps in photos videos category that got featured in top 200 photo-video app category in the App Store.
For Magisto clone app development, we use After Effects video editing software to create a pack of different themes based on client’s requirement, integrate them through cloud technology so that App users can apply themes while creating movies from their images and videos.
And, by developing a solution for mobile video market, you can offer enterprise video features for businesses to market their products/services through business video messages. So, if you’ve an idea for video editing app like Magisto in your mind, we look forward to helping you build the ultimate Magisto clone top video editing app! Here is our development team for iOS applications.
Was a really great experience working with your team. Thank you for the hard work and great outcome.Ibrahim Alhemyari