“Did you know Airbnb made a whopping $8.4 billion annually in 2022 and is one of the most profitable startup in vacation rental industry?”

Maybe you had an idea about the numbers! But ….But you might not know that Airbnb was started because the founders didn’t have the money to pay their rent. Strange, right? Read the full article to know the complete story.

As per the internet News Company Globe News Wire, the online travel market size is expected to grow at 14.8% CAGR, i.e., $1835.6 Billion by 2030. The pioneer in the space is Airbnb which covers 20% market share in the vacation rental space.

Now you also want to build an app like Airbnb to create an impact but how do you do that? Honestly, developing a website like Airbnb requires in-hand experience with varied programming languages and frameworks, which might not be possible for everyone. A better way is to look for professional website development companies with relevant experience, a good team, and robust customer support. How to find such companies? The answer is this article which covers all the queries related to how to develop an app like Airbnb and related topics.

What is Airbnb?

Airbnb is a travel vacation Rental Company based in the USA that allows property owners to rent out their spaces to other people. The company operates as a marketplace for hotels, private properties, & homestays, and guests can book rooms, spaces, entire villas, and cottages at an affordable price.

The company is valued at over $100 billion and has over 14000 employees worldwide. With more than 5.6 Million listings in over 100,000+ cities globally, the company has served 300 million guests since 2008.

Airbnb Statistics

• Airbnb currently has about 5.6 Million listings and 4 million hosts.
• 6 guests book an Airbnb every second on average.
• One guest typically stays for 4.3 nights in an Airbnb
• The platform has booked over 1 billion stays till now

The Airbnb Story – From $80 Rent to $100 Billion Valuation

Renting The Air Mattresses: Airbnb started as a simple idea in 2007 in San Francisco when two guys, Joe Gebbia & Brian Chesky, couldn’t pay their rent. The duo came out with an interesting idea to rent out their living room with 3 air mattresses along with breakfast for their guests. They made a simple blog website with a map called airbedandbreakfast.com, and their first guests were 2 men & a woman paying $80 each.

Launching the Site: Once the guests left the place, the founders gave thought to the idea and brought their ex-roommate, Nathan, as a co-founder to build their site and launched it in SXSW, getting them just two bookings initially.

Funding: In 2009, the company got its first funding of $20,000 from Y Combinator. However, the company was still making $200 a week and not growing much. One of the reasons they found was photos of the properties were not nice, and they took photos themselves.

The Growth: One week later, the company started growing, making $400 weekly. The turning point came when a famous drummer rented an entire house. Then Airbnb raised $600,000 in a seed round from sequoia capital; in 2010, the company rose $7.2M, and in 2011, the company raised $112M from several investors, including Ashton Kutcher, and the rest is history!!

Key Components of Airbnb’s Business Model

Key Partners: Airbnb’s key partners are their stakeholders, hosts, properties, travel managers, investors, photographers, hosting providers, corporate travel partners, experience providers, guests, and more.

Key Activities: The core activities for a company like Airbnb are sales & marketing, customer service, management, platform, app, and website development, and ensuring trust & safety to guests. It is essential to develop a smooth platform for the best user experience, and the best way to do this if you are not tech-savvy is to hire mobile app developers with relevant experience.

Value Propositions: Value propositions for Airbnb vary for different parties. For hosts & hotels, it is income generation, ease of listing, & booking system. For guests, low cost, unique & varied location options.

Revenue Streams: Airbnb earns its revenue by charging service fees per transaction from guests, commission charges from hosts, experience providers, & hotels.

Key Resources: Airbnb or any company’s core key resource is its employees. Some other crucial resources are platforms, mobile apps, patents, & brands.

Cost Structure: Key costs for an app like Airbnb are infrastructure, customer support, PR & marketing, legalities, payrolls, cost of acquiring resources, and payment processing charges.

Mind Blowing Fact – Airbnb is present in 97.95% of the world covering every country on earth except the North Korea, Iran, Sudan, & Syria.

How Does Airbnb Work?

Airbnb works majorly for two users, guests & hosts. The platform connects travelers with hosts who want to rent their homes, apartments, or rooms. Here’s a basic idea about how the platform works for different parties to help you build apps like Airbnb:

How does an App like Airbnb work for Hosts?

Step 1 – Registration: Hosts register themselves on the Airbnb platform to create their profile. The registration process includes providing a phone number, an email ID, and interests & hobbies. If you are an existing user, simply log in onto the app. The platform will also verify your identity through phone & email verification before your property listing goes live.

Step 2 – Listing the Property: Hosts can list their properties for rentals on Airbnb by providing details about the property, such as facilities, number of bedrooms, number of washrooms, accommodation type, etc. Hosts can also set their own prices and availability dates.

Step 3 – Bookings: Once your property listing is live, guests can book the place. Hosts have the option to accept or reject the bookings. Note that hosts receive their payments 24 hours after the guest checks in. Airbnb holds the payment for 24 hours to ensure guests’ stay quality.

Step 4 – Communication: Hosts can solve any guest concerns, answer their questions, or communicate with them through the platform website or app.

Step 5 – Check-in: On the day of guest check-in, the host has to provide them with property access or instructions for self-check-in. Generally, hosts meet the guests in person and greet them on the day of check-in.

Step 6 – Payment: Airbnb releases the payment to the host 24 hours after the guest checks in to ensure the quality of the stay for a guest. Hosts can withdraw their balance or keep that in their Airbnb account for future bookings.

Hosts Fact – Did you know more than 55% of Airbnb hosts are women and has earned over $600 million.

How does an App like Airbnb work for Guests?

Step 1 – Sign Up: Go to the Airbnb website or app to create your profile using your email address, phone number, or social media account. If you are an existing user, simply log in. Once logged in, you must complete your Airbnb profile by providing basic information such as name, profile picture, ID card, and other details.

Step 2 – Search for a Place: Once the profile is completed, you can search for a place to book. There are several filters to use in the app, such as price range, location, accommodation type, etc. Users can view photos, shortlist places, and even read reviews before booking a place.

Step 3 – Booking: Once a place is finalized, the user can submit a booking request to the host. Your request will be accepted or rejected within 24 hours, and you will get a push notification or SMS for the same.

Step 4 – Payment: Once accepted, the user has to pay for the stay. You can pay through cards, net banking, and other online payment methods. The platform holds the payment for 24 hours to ensure the quality of the stay.

Step 5 – Accommodation: Once the payment is made, the user has to arrive at the property and check-in. One can contact Airbnb customer service or the host in case of any inconvenience.

Guest Facts – A big portion of Airbnb guests age between 25 & 45.

Top Rivals of the Airbnb Vacation Rental App

Booking.com

Booking.com is one of the prominent rivals of the popular vacation rental app Airbnb. Unlike Airbnb, which only lists homes & apartments, Booking.com lists homes, hotels, apartments, and motels, in over 100,000 locations worldwide. The company is a pioneer in the space and was founded in 1996 and currently has more than 28M listings.

CouchSurfing

CouchSurfing also offers services like Airbnb and does exactly what the name says. The platform allows users to explore the city with a local man and stay at their place for some charge. While this might sound a little dangerous and unsafe to some people, some consider it as an experience. However, CouchSurfingalso facilitates authentication through the app to ensure the legitimacy of the host.

Oyo Rooms

Oyo is one of the largest and best hotel booking apps, which was started by Ritesh Agarwal in 2013. Initially, the company was only in hotel booking, but with time, it has ventured into other niches, including renting private rooms, just like Airbnb.

Flipkey

Flipkeywebsite is another home rental marketplace with some noteworthy features, like instant booking system, search & filter options, hassle-free & secure payment, listed user’s information, and property information. The platform also has over 300,000 rental holidays listed.

HomeStay

Homestay platform is a marketplace & allows the guests to stay with the host in their houses and is a major competitor for Airbnb type apps. The feature has its own benefits and disadvantages, some people like it, some don’t; but the platform aims to provide the user with a local city experience.

Revenue Model for Apps like Airbnb

Airbnb earns revenue through 2 fee structures for stay – a host-only fee and a split fee. Airbnb charges the fee to run smoothly, cover operations costs, and provide 24/7 customer service.

1. Split Fee Structure: The charge is split between the guest and host.

Host Fee: Airbnb charges a flat 3% charge from Hosts on the booking total and is charged from the payout.

Guest Fee Structure: Airbnb charges up to 14.2% fee from guests of the total booking subtotal. The charge depends upon several factors.

2. Host-Only Fee Structure: In this model, Airbnb charges the entire charge from the host/hotel and typically ranges between 14-16%. Note that charges for longer terms might be less.

Key Features of Vacation Rental Apps like Airbnb

An app like Airbnb has three major users in the system, i.e., host, guest, and admin.

Features for Host Panel

1. Listing: A non-negotiable feature for a host of the property will be an easy-to-use listing feature. The feature should have options to upload good-quality pictures and update essential information about the property, location, language, and number of guests they would be able to accommodate.

2.Rating: Ratings and reviews should be displayed on the guests’ host profile or property listing.

3.Profile Creation: Another essential feature will be the log-in/Signup feature for the property’s host. They can update their information, such as phone number, email address, profile picture, etc.

4. Payment: A payment panel will be helpful for the host to view transaction history, receive payments, update their bank details, etc.

5. Booking Panel: A panel to manage booking requests is also essential for the host. They can accept or decline a booking request or view the guest information to make a better arrangement for them.

Guest Panel Features

1. Account Creation: Airbnb provides its user with a profile creation feature for its guests. Users can log in/sign up to their account using their social media handles or email Ids. The feature lets users update their profile picture, phone number, address, etc.

2. Filters: This feature is useful for finding the best-suited property for the user. Filters like location, accommodation type, number of rooms, washrooms, etc., are some basic filters.

3.Messaging: This feature allows the guest and host to communicate with each other. This can be used to get some more information about the property or solve any query.

4. Notifications: This is another essential feature that helps guests to be updated about their bookings, news, and instant alerts from the hosts/property.

5. Rating: This allows guests to rate their experience at the property or with the host.

Admin Panel Features

1. Dashboard: The dashboard is the primary feature of an Airbnb app admin panel. It allows them to manage their bookings, update the information, check analytics and reports, and facilitate amenities for guests.

2. Promotions: This allows the admin to promote their property or run coupons for their users to boost their sales. Promoted properties receive more visibility than an ordinary listing.

3. Reporting & Analytics: This feature allows the admin to track their listing and take the necessary actions. It includes the number of views, clicks, ad spent amount, number of bookings made, etc.

Advance Features for Superior User Experience

Voice Search: This feature will allow the user to search with a voice assistant. It is a hand-free help to the user for searching for a place to stay.

Weather Forecast: You can also have the weather forecast feature in apps like Airbnb. This will help both the guest and the host, the host can make the necessary arrangements, and the guest can plan their accommodation accordingly.

Currency Converter: This feature will help the users who are booking a stay out of their countries.

In-app calls: This feature shall facilitate smooth communication between the host and the guest. The guest can resolve their queries with the host or mention any special requirement, and the host can also confirm the guest’s booking.

Apart from these 4 points, there can be several other advance features one can include in an app like Airbnb, such as:

• Language Assistance
• Location Navigator
• Loyalty Programs
• CMS Integrations
• Advanced Analytics
• In-app Documents Management
• Third-Party Integration Services

Steps to Make an App like Airbnb

1. Identify the Market: The first step before you go for developing the platform is identifying and understanding your target audience. It is also important to document the idea & brainstorm to understand the market. You need to analyze the demographics, your USP, audience interest, and more.

2. List Down Features: The second step is to jot down the core and additional app features. You might need to come up with some unique features that will offer you an advantage over others.

3. Choose A Platform: The next step is to choose the appropriate development platform that best lines up with your objective. You need to decide whether you need a mobile app, web app, or while you need it for iOS or android, or both. Make sure to choose the best tech stack for website and hire the best mobile app developers for your application.

4. Choose a Solution Type: You need to select whether you want to get a custom development platform or a ready-made solution can work for you. Both of them have their pros and cons; while a custom development solution is user oriented and can offer more features, a readymade solution is cost effective and less time consuming.

5. Front End Development: Once you have chosen a solution type, the next step is to get your front end application design done from professional developers. The app’s interface should be user friendly, easy to navigate, and attractive. Airbnb’s front end is built on React and to have a robust UI/UX, you also need to look for some react native app development companies.

6. Backend Development: Once the app’s design is ready, it is time to get the features and application backend done by a good mobile app backend development company. Developers use different frameworks and choose the best tech stack for website that integrates better features & benefits on the platform.

7. Testing: Once the backend & frontend of the platform is done, it is time to test the app. It is essential to find & fix programming bugs and ensure smooth working before launching it.

8. Launching the App: Once the mobile app backend development is done, the platform is now ready to be launched for the public on several application platforms like Playstore & App store. Make a launching strategy and plan it accordingly to ensure the app success.

9. Updates & Monitoring: Your work is not finished after launching the app. The platform needs regular updates, bug fixes, and monitoring to ensure smooth running. Customer feedback helps in getting the usability tested.

What Tech Stack is Required to Develop an App like Airbnb?

This was the Airbnb tech stack, and if anybody wants a website similar to Airbnb, one can choose the best tech stack for website as per his requirement. You can consider some good Ruby on Rails development companies to build an app like Airbnb.

How Much Does It Cost to Develop an App Like Airbnb?

The Airbnb app development cost depends upon several factors, including the features & functionality you need, the technology stack chosen, the price of the Development Company, etc. Below are some of the most important factors to help you understand Airbnb mobile app development cost breakdown:

1. Team Size
2. Backend Complexity
3. UI/UX Design
4. Location of the Development Company
5. Technology Stack Chosen

The Airbnb startup cost difference between in-house vs. outsourced developers is significant, and the rational way is to look for some good Android app development companies. Considering all the factors, the cost to develop another app like Airbnb shall be $20,000 – $30,000 if you go for a single platform with basic features. Furthermore, to build an app like Airbnb for iOS & Android, both with advanced features, can go up to $50,000 – $70,000.

Final Words

Airbnb has proved to be a successful business model and many startups have followed the platform’s path. Developing an App like Airbnb is a challenging and time-consuming task, but at the same time, it can prove to be fruitful. One also needs to make sure to offer features & functionalities above Airbnb to make a position in the market. A better way is to consider some good Ruby on Rails development companies offering affordable solutions. Here is a list of top mobile app development companies in India that have been in the industry for years, have a good team, and offer robust services.

The post How to Develop Apps like Airbnb: A Complete Guide appeared first on Top ITFirms - Result of In-depth Research & Analysis.

“I believe AI is going to change the world more than anything in the history of humanity. More than electricity” – Kai-Fu Lee, AI Expert!

AI/ML has changed the world around us and the way we react to the environment. From virtual assistants to face recognizers, AI & ML has an influence on almost everything around us. AI voice generators and best text to speech apps like speechify are such important technical innovations. People are browsing through various ML app ideas to build something useful & get the best out this tech. The technology is helping people with hearing, reading, and vision disability do things better. For instance, speechify is empowering people with dyslexia read textual documents by listening to the text.

The app has over 20 million active users who listen to astounding 6.5 billion words per month. The text to speech industry is also expected to grow to $17 billion by 2029. If you are also thinking of getting into the industry and building a similar app like Speechify, then the post is at your help.

The article explains how to build an AI voice generator and best text to speech app like Speechify along with other significant topics. Let us start with some basic numbers about the industry first.

AI Voice Generation & Text to Speech Market Analysis

“According to data bridge market report, the text to speech market valuation is expected to reach whopping $17 billion by 2029”

Text to speech and AI voice generation are not a new concept in the market but the recent developments in the AI/ML have taken the industry to new heights. For instance, a text to speech app like Speechify, that simply translates text into audio, clocked annual revenue of $14.5 million.

Further, major target audience includes people with reading/learning disability and the people over the age of 60 that have vision issues. Apart from this, AI voice generation technology is also being used heavily in smart home market, voice assistants and use of virtual assistants in different sectors.

Market Key Players

Concept Map/Network Maps connects multiple ideas and concepts/nodes. This is called a tree structure. Mind Map comes with a radial structure instead. Mind maps focus on a single problem/ one concept while concept map connects multiple concepts or ideas.

• Amazon Web Services, Inc.
• Baidu, Inc.
• Attainment Company, Inc.
• Oracle
• Google LLC
• Tobii AB
• Lingraphica
• PRC Saltillo
• Zygo
• TOBY CHURCHILL Ltd.
• Jabbla

Numbers & Stats – AI Voice Generator & Text to Speech Market

• AI generator market is anticipated to grow @15.40% from 2022 to 2032
• As of 2023, the AI voice generator market revenue is $1396 million and is expected to touch $4889 million by 2032
• Key players in the AI voice generator market today include Google LLC, Baidu Inc., Oracle, AWS, and Lingraphica.
• Two most significant obstacles in the AI voice generation market are funding and lack of skilled people
• TTS (text to speech) market valuation is anticipated to grow at 16.3% CAGR from $2.8 billion in 2021 to $12.5 billion in 2031, approximately

What is an AI Voice Generator App like Speechify?

An AI voice generator app like Speechify allows users to paste & convert text into audio voice accurately. The software is designed to help people read faster in less time. The application uses optimal character recognition technology to turn text into audios. The app allows users to translate papers, PDFs, emails, articles, online pages, and any other text into natural sounding audio.
Such AI voice generator apps are really popular among writing, editing professionals, and people with reading issues, such as dyslexia & ADHD. Speechify is also popular for its robust customization options. For instance, users can change the audio’s language, reading speed, accent, etc according to their needs & requirements.

Why AI Voice Generator Apps like Speechify are Successful? – Top Reasons

AI voice generator and best text to speech apps like Speechify have gained significant success in the market. The apps offer top notch customization and functionalities to the users. However, there are several other reasons behind the success of such apps, which are as follows –

1. Empowering Disabled People

Cliff Weitzman, the founder of Speechify, is a dyslexic kid who developed the app to help people with the same disability. Speechify’s fundamental function is to convert textual data into audio voices with different customizations and help people read lengthy documents easily.

2. Improves Writer Productivity

Apps like Speechify have gained success among writers, proofreaders, editors, and content creators. Editors & writers often skip mistakes in the write ups and hearing the text again in another voice can help in review process. The process increases the productivity and work quality by helping writers identify mistakes.

3. Lower Pricing Plans

Most AI voice generation apps like Speechify work on freemium model and offer a basic plan at no cost to users. This has made easier for people to try & adapt to the technology. Free plan offers the basic text to speech features while the premium plans offers additional functionalities. It includes customization in accent, reading pace, multiple language support, and many more.

Speechify’s plan starts from $11.58 per month per user.

Must-have Features For an App like Speechify

1. Multi Language Support

A text to speech that has multiple language support can help users transcend countries & culture without any issue. For instance, a text in Spanish converted into an English language audio can help reach text to more locations & people, thus, lifting the language barrier. Apps like Speechify offer text to sound feature for over 30 languages.

2. Voice Diversification

The problem with most text to speech apps in the market currently is that most of them have a robotic, linear voice that doesn’t have any human touch. Further, every text has a tone of its own and should be conveyed in the same manner for effective communication. Thus, a text to speech app must have the voice diversification feature that reads the text in the required tone. For instance, you need different voices when reading a novel and another when reading a tutorial.

3. Robust UI/UX

Nobody wants to install a text to speech app with confusing interface and complexity. An ideal AI voice generator app has an easy to understand navigation and delivers maximum results in minimum steps. For example, apps like Speechify make sure that the registration & profile creation process is done in less than 5 steps. A complex UI eats a lot of user energy & attention, resulting in app removal.

4. Improve Speech Quality

It is time-consuming and costly to produce multiple audio versions of your content using standard methods. Rehiring voice actors, renting a studio, and hiring audio experts will be necessary each time you need to update material. All of that is altered when your TTS has a voice changer feature.

Using TTS with a voice changer allows you to alter your voiceover’s gender, language, accent, and other characteristics in addition to enhancing the voice quality of your amateur recordings to that of professional voiceovers.

5. Customization Feature

Advanced text to speech technology can be used to create AI voices that have better intonation, naturalness, comprehensibility, and intelligibility than human voices. A voice that isn’t personalised is just another voice. Because of this, excellent text-to-speech software should allow users to customize the project’s voiceover according to certain use cases. Apps like Speechify allow top notch customization and better options to users, and that’s why, are a hit in the market.

Some people might need a loud and lively voice, while others would need a low-pitched voice that conveys the ideal mix of authority, intelligence, and clarity.

6. Files Import/Export

The capacity to import and export files in numerous formats with ease is another crucial element of any user-friendly AI voice generator app like Speechify. Working with digital information requires importing and exporting files on a regular basis. Either text can be copied and pasted into an editor or text files in various formats can be imported into the TTS programme. The finished audio file should be able to be exported in a number of different formats at the same time.

Allowing users to sync and incorporate media files, like presentations, movies, and photos, into the finished voiceover would be an additional benefit. This would enable users to create the ideal voiceover content.

7. Collaboration

Team collaboration is a noteworthy functionality that every text-to-speech program should have. Different people must be able to access and edit audio & video files, work on the same piece of material at the same time, and share inputs.

Working together in real-time not only allows users to avoid wasting several hours, but it also expedites projects and gets us over difficult obstacles more rapidly.

8. Natural Sounding Voice

Human-parity voices are the main feature that sets apart any text-to-speech software. The expressiveness, irregularity, and capacity to deliver the same sentences in radically various ways depending on the situation are what define human voices.

High-quality AI voices that can mimic the likeness, style, organic prosody, and individuality of human speech should be provided by text-to-speech software. The AI voice should be able to adjust its tone and emotion, as well as pause and breathe when necessary, thanks to contextual awareness. It should be simple for users to personalize their voiceover experience with a wide variety of options available for both male and female voices.

How to Make an App Like Speechify? – Development Process

Discovery Phase – Discovery phase is essential to understand the client requirements, the issue it solves, and then validate it. For instance, Speechify was developed to resolve the reading problems of dyslexic people. Any top iPhone app development company will have this pre-stage for their clients to understand the market and target audience.

Planning & Research – The phase works on the ground level of the app development process and helps the team to understand potential challenges and end-user requirements. It includes competitors’ analysis, SWOT analysis, understanding legal compliances, and set the product USP.

This phase also includes a pre-planning of the app design, features, and functionality that will be included in the platform. The team goes through the top mobile app development trends in the industry to get the best out of the market.

App Designing –The ideas & research done in the previous phase are then converted into a prototype and then into an intuitive app design. The stage includes creating a basic layout of the platform, filling the visual components in it, building the UI, and then organizing the required content in the design. A good app design is easy to use, navigate and appealing to users.

App Development – Development is the perhaps the most crucial, time taking, and costly stage in the whole process. It includes building the backend & frontend of the app along with the functionalities required. A whole team of developers is deployed in the stage simultaneously to work on your project and then deliver a top notch result. The time & cost depends upon several factors, including the tech stack required, platform chosen, APIs required, and many more.

A trusted iPhone app development company is transparent about the whole process and presents a detailed description of each individual’s working to the clients. Thus, it is essential to hire Indian app developers with trustworthy & reliable profiles. Here is a detailed list of top mobile app development companies in India.

App Testing – Testing of the platform is done systematically at several levels and facilitate identify bugs, issues, & errors in the app. The apps are passed to the team and then rectified before launching it to the public. There are several types of app testing, including unit testing, functionality testing, performance testing, security testing, and platform testing.

App Deployment – Deployment is the process of listing the app on different storefront marketplaces, such as App Store & Play Store, to make it accessible to the users. Users can only download & install the platform once it is deployed on the storefront. It is considered to hire Indian app developers because of the affordable cost & top notch app deployment work they offer.

Tech Stack to Consider to Make an App Like Speechify

Backend Development

• Python, JavaScript, or Java
• Mobile App Development Frameworks – Node.js, Django, or Ruby on Rails
• API integration – RESTful or GraphQL

Data Storage

• Databases – PostgreSQL, MongoDB, or MySQL
• Data processing – Apache Spark & Apache Kafka

Frontend Development

• Web Content – HTML5, CSS, JavaScript
• UI frameworks –Angular, React, or Vue.js
• Design tools – Adobe XD, Figma, and Sketch

Voice Generation

• Engines – Amazon Polly & Google Text-to-Speech
• Custom AI models for voice cloning

Server Infrastructure

• Hosting and deployment – AWS, Azure, Google Cloud, or Heroku

Additional Tools

• Version control using Git and platforms like GitHub or Bitbucket
• Collaboration tools – Slack, Jira, and Trello

Quality Assurance

• Testing & QA frameworks – JUnit, Appium, & Selenium

Analytics

• User analytics – Google Analytics & Mixpanel

User Authentication

• Authentication services – Firebase Auth & OAuth

Content Storage

• Cloud storage solutions – Google Cloud Storage & Amazon S3

Cost to Develop AI Voice Generator & Text-to-Speech App like Speechify

AI voice generator app development is a complex task and requires significant expertise. Thus, hiring a top iPhone app development company is essential to obtain expected results. The cost to develop a text to speech and AI voice generator app like Speechify cannot be determined before understanding the exact project needs and multiple other factors. Some of the top factors that influence the text to speech app development cost are –

Key Factors That Affect the Cost of Developing an App Like Speechify

• Developer’s Location
• Algorithm Complexity
• Natural Language Processing Requirement
• Machine Learning Requirement
• Third Party APIs Required
• Tech Stack Chosen
• App UI/UX
• Testing & QA

So, these were the top factors that influence the overall cost of text to speech & AI voice generator app development. It is essential to hire Indian app developers that have the required past experience in the same industry, or developing a similar platform. Further, to give a rough estimate cost, here is a phase-by-phase breakdown –

So this was the phase wise breakdown of the overall app development cost of AI voice generator apps like Speechify. The average cost for apps like Speechify ranges anywhere between $20,000 and $60,000. Further, it will take about 6 to 12 months to develop a similar app like Speechify.

The Final Thought – AI Voice Generator

So, this was everything related to how to build an app like speechify! We have tried to cover all the significant topics such as what does speechify do, must have features, why apps like speechify are successful in the market, and the cost to build text to speech app like speechify, along with the app development process. Moreover, we have also presented a deep market analysis of the text to speech and AI voice generator sector.

Notably, AI based apps are complex to build and thus it is essential to consider some top mobile app development companies.

Top FAQs – AI Voice Generator App like Speechify

How much does an app like Speechify cost?

The average cost to build AI voice generator app like Speechify ranges between $20,000 and $60,000, depending upon complexity & several other factors. However, the exact cost can only be determined after understanding the client requirements.

What is the time to develop text to speech app like Speechify?

The time to develop an AI voice generator app like Speechify varies and ranges between 6 to 12 months. The exact timeline can be decided after an initial discussion and by understanding your project needs.

What the top Apps Like Speechify?

Some of the best text to speech apps like speechify are Natural Reader, Murf, Voice Dream Reader, and LOVO.

What is a text-to-speech app like Speechify?

A text to speech app like Speechify allows users to convert textual data into audio voices. You can convert PDFs, papers, articles, emails, ebooks, and more into natural sounding audio voices.

What are some must have features in AI voice generator app like Speechify?

Some of the key features of text-to-speech apps like Speechify are reading pace control, offline listening, easy document conversion, multi-language support, and HD voice generation.

What is the tech stack required to build text-to-speech apps like Speechify?

Text to speech app like Speechify development requires several tools & technology stack. It includes Django, Node.js, HTML5, jQuery, Java, Python, and Javascript.

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