I want to do real time streaming of data (in the form of video) which is in Flash Format, I searched and found out that apple do not give support to flash do we have any other third party
library which can be used,
After searching I found http://www.realtimelibs.com/#feature_3 but it is paid also I don't know weather it support flash format
I would love to get any help or any guidance
You might try to implement your app as an AIR app. AIR is the cross platform Flash runtime for iOS and Android.
Look for Apache Flex for a free Eclipse based IDE or use any of the Adobe tools.