Live Streaming Software Comparison: Which One Should You Actually Use?

Live streaming software ranges from completely free (OBS Studio) to thousands of dollars (vMix Pro). The right choice depends on your technical comfort level, budget, and whether you need multistreaming, guest support, or advanced production features.

Here's the breakdown of what actually matters when picking live streaming software—no fluff, just the details you need.

Quick Comparison Table

SoftwareStarting PriceBest ForLearning CurveMultistreaming
OBS StudioFreeGamers, tech-savvy usersSteepVia plugins only
StreamYardFree (limited)Podcasters, beginnersEasyYes (paid plans)
RestreamFree (2 channels)Multi-platform streamersEasyYes (core feature)
StreamlabsFreeTwitch streamersModerateVia add-ons
vMix$60 (one-time)Pro broadcastersSteepYes
Wirecast$495 (one-time)Enterprise, eventsModerateYes

OBS Studio: The Free Powerhouse

OBS Studio is free, open-source software for video recording and live streaming available on Windows, Mac, and Linux. It's the most popular option for Twitch streamers and anyone who doesn't mind a learning curve.

What OBS Does Well

Where OBS Falls Short

If you're streaming gameplay to Twitch or YouTube and don't mind spending time learning the software, OBS is hard to beat. But if you want something plug-and-play, keep reading.

Related: Check out our roundup of free screen recording software and best screen recording software for more options.

StreamYard: Browser-Based Simplicity

StreamYard runs entirely in your browser—no downloads required. It's designed for podcasters, interviewers, and anyone who wants professional-looking streams without the technical headaches.

StreamYard Pricing

StreamYard recently restructured their pricing into three main tiers:

StreamYard also has custom Business plans for enterprise needs.

What Makes StreamYard Stand Out

StreamYard Drawbacks

For more pricing details, read our StreamYard pricing breakdown. Looking for alternatives? We've also covered StreamYard alternatives.

Try StreamYard free →

Restream: Built for Multistreaming

If your primary goal is streaming to multiple platforms simultaneously, Restream is purpose-built for that. It connects to 30+ platforms and handles the distribution so you don't burn through your bandwidth.

Restream Pricing

Restream Pros

Restream Cons

Restream is excellent if you're serious about cross-platform reach, but the free plan is quite limited. For casual streamers, StreamYard may offer better value.

Streamlabs: OBS Made Friendlier

Streamlabs is built on OBS Studio's foundation but adds a more user-friendly interface. It's particularly popular with Twitch streamers—reportedly used by 70% of the platform.

What Streamlabs Offers

Streamlabs Limitations

If OBS seems too technical but you want similar power, Streamlabs is a solid middle ground. The free version is genuinely usable for most streamers.

vMix: Professional Broadcasting Power

vMix is Windows-only desktop software aimed at serious broadcasters, churches, sports productions, and live events. It's what you graduate to when OBS or StreamYard can't handle your production needs.

vMix Pricing (One-Time Purchase)

There's also a monthly Max subscription at $50/month for full features.

vMix Strengths

vMix Weaknesses

vMix offers exceptional value for professional broadcasters. The $350 HD version does things that would require $5,000+ hardware solutions. But it's definitely not for beginners.

Wirecast: The Established Enterprise Option

Wirecast by Telestream has been around since 2007 and remains popular for educational institutions, corporate events, and town halls. It works on both Mac and Windows.

Wirecast Pricing

Wirecast Advantages

Wirecast Disadvantages

Wirecast is a solid choice if you're on Mac and need more than OBS offers. For Windows users, vMix typically delivers better value.

How to Choose: Decision Framework

Choose OBS Studio If:

Choose StreamYard If:

Try StreamYard free →

Choose Restream If:

Choose vMix If:

Choose Wirecast If:

Browser-Based vs. Desktop Software

This is actually the first decision to make. Browser-based options like StreamYard and Restream use the company's servers for processing—your computer just sends the video. Desktop software like OBS, vMix, and Wirecast does all the encoding locally.

Browser-Based Pros:

Desktop Software Pros:

For interviews, podcasts, and simple business streams, browser-based tools are typically the smarter choice. For gaming, events, or productions where you need maximum control, go desktop.

The Bottom Line

Most people overthink this decision. Here's the simple version:

You can always upgrade later. The best streaming software is the one you'll actually use—don't let analysis paralysis stop you from going live.

For related tools, check out our guides on best video editing software, free video editing software, and Descript pricing for post-production needs.