WpStream – A WordPress Video Streaming Plugin

The 10 Major Live Streaming Platforms Compared: Which Is the Best in 2023?

Website live streaming can bring your content to a global audience, improve communication and boost your business in ways you can’t even imagine. With the popularity of live streaming vastly increasing over the past few years as options for live, interactive content in an online space have become more desirable, the number of live streaming platforms has naturally increased as well.

Video live streaming
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Even with a much wider variety of live streaming platforms to choose from, finding one that meets all of your requirements isn’t always easy, and you’ll want to be confident that your chosen platform will create the best experience for your stream viewers. Nothing can ruin a live broadcast faster than buffering, latency in sound, or poor-quality video, not to mention intrusive adverts, or fears that your stream might be taken down or demonetized owing to stringent content guidelines.

For these reasons and more, it’s important that you are confident in your choice of live streaming platform. In this article, we’ve put together a list of the top 10 live streaming platforms to consider so that you never have to worry about bringing a great experience to your subscribers again. 

What is a live streaming platform, and why should you use one?

A live streaming platform is a video hosting solution that lets you upload and share video content with your users live. Live streaming technology enables you to watch, create and share videos in real-time, like live TV. There are two main types of live streaming solutions that you will come across in your search for the best platform:

Live video streaming has become increasingly popular with the rise of on-demand video, with an increase of 18% in streaming videos reported from February 2021 to February 2022. By streaming your content, you can interact with your audience remotely, whether you want to broadcast business events, exercise classes, or even church services. This comes with various advantages:

What factors should you consider when choosing a live streaming platform?

Knowing which live streaming platform is right for you can be difficult. You’ll want to be sure your chosen platform has both functionality and pricing that meets your needs. These are some of the main things you’ll want to look out for: 

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The ten major live streaming platforms compared

To narrow down your choices, we’ve compiled a list of the best live streaming platforms on the market. We’ve divided this into two main sections – professional streaming platforms and social media streaming platforms. As we’ve already discussed, social media platforms can be a great starting point for people looking for an inexpensive streaming solution, but often impose restrictions on stream length, monetization, and customization options. Professional streaming platforms are typically more expensive, but that higher price point often comes with a more robust feature set and greater control over your stream content. 

The best professional streaming platforms

1. WpStream

WpStream is a WordPress plugin that enables streamers to easily stream live videos directly through their WordPress website without using any other third-party service. This is extremely beneficial for streamers because it allows them to maximize the use of their video content, giving them control over how to display it, to whom, and whether or not they should charge for it.

Here’s how WpStream’s functionalities stack up against the most important criteria for choosing a live video streaming platform:

2. GUDSHO

GUDSHO is a premium live-streaming platform for video-centric brands of all sizes. With exclusive channel ownership and multiple possibilities, creators can start HD live streaming in seconds. Content creators in Fitness, Religious, Education, Entertainment, and Film Festivals can use GUDSHO for secure video streaming to generate revenue from their on-demand & live videos.

3. Dacast

Dacast is a live event and video-on-demand streaming platform that is well-suited to long-form content. The live video streaming platform specializes in delivering secure streamed content and comes with in-depth video analytics functionality. 

4. Brightcove

Brightcove is an enterprise-level streaming platform built for live-event and corporate streaming, with excellent video analytics so you can maximize your live streams. 

5. Vimeo

Vimeo is a well-known video hosting site with live streaming functionality. The company is hugely popular, with more than 200 million users and 1.6 million subscribers. 

6. Restream

Restream is primarily a tool for multistreaming (i.e. streaming to multiple different platforms at once), but it also provides a browser-based live streaming solution. You can choose from more than 30 social networks to simulcast to, which makes it great for content creators that want to try out different options. 

7. OnTheFly

OnTheFly is a powerful multistreaming platform that aids businesses and content creators to simulcast their content on multiple social media platforms. Content creators can conduct webinars, make presentations, and edit videos within the platform.

Ease of use: OnTheFly has a very simplistic approach to multistreaming with add-on features that enhance the value of the content distributed.

Customization: If you are running a business and looking for branding options, the in-build studio helps you by adding overlays and headers to promote content and branding.

Streaming and participant limits: nil

Monetization: OnTheFly doesn’t support any monetization models.

Pricing: To know the pricing plans for OnTheFly, contact their support team.

The best social media streaming platforms

8. YouTube Live

YouTube is one of the world’s biggest and most popular live video streaming websites, with over 2 billion monthly logged-in users at any given time. Content creators can stream live videos directly via their YouTube channel. The site also offers powerful all-in-one video analytics tools to track key metrics. 

9. Twitch

Twitch is a favorite live streaming platform among gamers and gaming enthusiasts. Content creators can use a great chat feature to build custom emotes for their chats and even manage audience participation with bots. 

10. Facebook Live

Like YouTube Live, Facebook Live already has a huge audience of 2.9 billion monthly active users. However, Facebook wasn’t designed to be a live streaming platform, so it comes with limitations. 

Grow your audience with a live streaming platform

There are many benefits to using live streaming platforms to broadcast your events or share content with your followers and subscribers. You can avoid the limitations of in-person live events, allowing you to reach a wider, even global audience, unlock new revenue streams, and scale up your business. 

Whichever live streaming platform you choose, you need to ensure that the platform meets five critical criteria, namely:

Both types of streaming platforms that we have reviewed in this article – social media and professional – have their merits. Social media platforms offer streamers access to a huge existing fanbase, and the fact that many of these platforms are free to use makes them very accessible to new streamers looking to grow their audience. On the other hand, professional platforms typically offer streamers greater control over their stream content, access to more advanced features, and fewer limitations when it comes to stream length and customization options.

For streamers looking for a free solution, a social media platform like YouTube or Twitch (depending on your target audience) is a great place to start. When it comes to those looking for a more professional, flexible streaming experience, one platform stands out from the rest: WpStream. It’s easy to set up and use, and streamers have full control over their content. There are flexible plans to meet your streaming requirements, whether you are a business or budding influencer, beginner or veteran. On top of that, WpStream makes monetization easy, and offers competitive pricing, even at scale. 

Want to get more out of streaming?
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