In the fourth quarter of 2024, Amazon Prime Video was the most popular subscription video-on-demand (SVOD) service in the United States with a market share of ** percent, based on the users' interest in adding content to their watch lists of certain streaming platforms. Netflix followed closely with a market share of ** percent. Subscription streaming market – a money-losing business? While subscription streaming platforms increased their subscriber bases in the years 2020 and 2021 due to the measures taken during the COVID-19 pandemic, 2022 and 2023 saw services such as Netflix and Disney+ lose a substantial number of customers. Furthermore, the direct-to-consumer (DTC) businesses of large media companies are struggling to turn a profit. Paramount, for example, reported a loss of *** billion U.S. dollars for its streaming services in 2023. Streaming companies take action In order to compensate for subscriber and income losses, streaming companies implemented several strategies, such as launching more profitable ad-supported tiers, cracking down on credential sharing, laying off thousands of employees, and spending less on content. The Walt Disney Company was already able to increase DTC profits recently. Its cost-cutting measures include layoffs and savings in content spending by reducing content produced and removing TV shows and movies from its streaming services.
In the first quarter of 2023, Netflix emerged as the dominant subscription video-on-demand (SVOD) service in top five European countries, followed by Prime Video and Disney+ with market shares of **** percent and **** percent, respectively. Notably, Netflix's market share experienced a slight decline from the second quarter of 2022 to the first quarter of 2023, decreasing from ** percent to ** percent.
Netflix continues to dominate the streaming landscape in Mexico, capturing ** percent of the market share in late 2024. This leadership position underscores the company's strong foothold in Latin America's second-largest economy, where it has successfully navigated a competitive field of both international and regional players. The streaming giant's popularity in Mexico reflects broader trends in the region, where digital video consumption is rapidly growing. Subscription growth fuels market expansion The Mexican streaming market is experiencing significant growth, with approximately **** million SVOD subscriptions recorded in the second quarter of 2023. Netflix led this expansion with *** million subscribers, followed by Disney+ with *** million users. This robust SVOD platforms’ subscriber base demonstrates the increasing appetite for streaming content among Mexican consumers and highlights the potential for further market development. Content diversity drives engagement Netflix's success in Mexico is partly attributed to its extensive content library. As of September 2023, the platform offered over ***** videos to Mexican viewers, with about two-thirds being films and the remainder series-related content. This diverse selection caters to various viewer preferences, helping Netflix maintain its competitive edge. Additionally, the company's investment in local content has paid off, as evidenced by the high consumption rates of newly released material across Latin America, with Brazil leading the region in viewing hours of 2023 content.
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The U.S. Video Streaming Market size was valued at USD 22.42 billion in 2023 and is projected to reach USD 79.40 billion by 2032, exhibiting a CAGR of 19.8 % during the forecasts period. The U. S video streaming has been defined as the distribution of video material to clients over the internet, offering films, TV programs and live events on request. It covers the subscription Video On-Demand – SVOD, Advertising Video On-Demand – AVOD and Transactional Video On-Demand – TVOD. Entertainment is the primary use of this technology being followed by education and marketing by companies such as Netflix, Hulu, and Amazon Prime Video among others. Modern tendencies are observed in increasing shares of original production, preferences of viewers, and use of augmented reality (AR) and virtual reality (VR). It is still growing, for instance, through high-speed internet access together with altered customer nature towards portable viewing. Recent developments include: In February 2023, Amazon asserted that it augmented content spending to USD 16.6 billion in 2022. Approximately USD 7 billion of that figure was earmarked for Amazon Originals, licensed third-party video content included with Prime and live sports programming. , In October 2023, Apple is gearing up to inject funds into Formula 1 as it contemplates gaining exclusive streaming rights for Formula 1 racing. The American giant is apparently seeking a 7-year deal, while global rights are expected to become accessible five years into the deal. .
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Streaming Services Statistics: Streaming services have transformed the entertainment landscape, revolutionizing how people consume content.
The advent of high-speed internet and the proliferation of smart devices have fueled the growth of these platforms, offering a wide array of movies, TV shows, music, and more, at the viewers' convenience.
This introduction provides an overview of key statistics that shed light on the impact, trends, and challenges within the streaming industry.
Netflix was estimated to reach 2.6 million subscriptions in Africa by the end of 2021, accounting for 51 percent of the subscribers of streaming on demand in Africa. Despite a projected increase in the number of subscriptions by 2026, the market share of Netflix was believed to reach 39 percent.
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As of 2023, the global streaming spending market size is valued at approximately USD 92.7 billion, with a projected CAGR of 10.7% leading to an estimated market size of USD 225.8 billion by 2032. This robust growth is primarily driven by the increasing penetration of high-speed internet and the rising popularity of on-demand content consumption.
The proliferation of high-speed internet access has been a significant growth factor for the streaming spending market. With advancements in broadband technology and the rollout of 5G networks, consumers now have the ability to stream high-definition and even ultra-high-definition content seamlessly. This increased accessibility has led to a surge in the number of subscribers across various streaming platforms. Furthermore, the affordability of internet services has made it possible for a broader segment of the population to access streaming services, thus expanding the market potential.
Another vital growth driver is the changing consumer behavior towards media consumption. The convenience and flexibility offered by streaming services have led to a decline in traditional TV viewership and a rise in on-demand content consumption. Consumers now prefer the ability to watch their favorite shows, movies, or sports events at their own convenience, without being tied to a broadcast schedule. This shift is particularly noticeable among younger demographics, who are more inclined to use smartphones and other digital devices for media consumption.
The increasing investment in original content by streaming service providers is also fueling market growth. Platforms like Netflix, Amazon Prime, Disney+, and others are investing heavily in producing exclusive content to attract and retain subscribers. This focus on high-quality, original content not only enhances the user experience but also differentiates these platforms from their competitors. Additionally, collaborations between content creators and streaming platforms have led to the production of diverse and engaging content, catering to various audience preferences.
The evolution of the Movie Streaming Service landscape has been a pivotal factor in shaping consumer expectations and preferences. As streaming platforms continue to diversify their content offerings, they have become more than just a medium for watching films; they are now a hub for exclusive premieres, interactive content, and personalized viewing experiences. This transformation is driven by the need to cater to a global audience with varied tastes, leading to the creation of niche genres and culturally diverse content. The ability to access a vast array of movies from different eras and regions has democratized film consumption, allowing viewers to explore cinematic works that were previously inaccessible. As a result, movie streaming services are not only expanding their subscriber base but also fostering a new era of film appreciation and critique.
Regionally, North America holds a significant share of the global streaming spending market, attributed to the high penetration of internet services and the early adoption of streaming technologies. However, Asia Pacific is expected to witness the highest growth rate during the forecast period. The growing internet user base, increasing smartphone adoption, and rising disposable incomes in countries like China and India are key factors driving the market in this region. Furthermore, local content production and regional collaborations are enhancing the appeal of streaming services in these emerging markets.
The streaming spending market can be segmented by service type into Subscription Video on Demand (SVOD), Advertising Video on Demand (AVOD), and Transactional Video on Demand (TVOD). SVOD services have been one of the primary drivers of growth within the streaming market. Platforms like Netflix, Hulu, and Disney+ offer subscription-based models where users pay a monthly or yearly fee to access a vast library of content. The recurring revenue model ensures consistent revenue streams for the service providers and offers users uninterrupted access to their favorite shows and movies.
AVOD services are another significant segment, with platforms like YouTube and Tubi offering free access to content supported by advertisements. This model is particularly appealing in markets where consumers are price-sensitive and may not be willing to pay for a subscript
Netflix was the leading subscription video-on-demand (SVOD) service in Japan in 2024. The service held a market share of **** percent during that year. The estimated value of the domestic SVOD market amounted to ***** billion Japanese yen in 2024, up from ***** billion yen in the previous year. According to the estimate, which was based on user fees paid to service operators and excluded advertising revenues, Netflix's market share slightly decreased compared to the previous year. Netflix in JapanNetflix entered the Japanese video-on-demand (VOD) market in September 2015, making it the first Asian market the company ventured into. According to news reports, Netflix expected Japan to be one of the slowest markets to penetrate due to the brand sensitivity of Japanese audiences. At the same time, this brand sensitivity was seen as a key to long-term payoffs once the service was embraced by Japanese consumers. In order to achieve this, the company secured long-term partnership deals with Japanese content creators throughout the years. Notably among them were several high-profile anime studios, whose products were also seen as a way to counter Disney. Other shows featuring domestic content include "The Naked Director," "Terrace House," and "Tidying Up with Marie Kondo." A lack of local content is considered to be one of the factors that hampered Hulu's initial uptake when it started its operations in Japan back in 2011. The Japanese video streaming marketVideo streaming has become an increasingly contested business in Japan as the market has shown strong growth figures in recent years. One major reason for this development can be found in the entry of several foreign services into the Japanese market, with Netflix and Amazon Prime Video both launching in 2015, DAZN following in 2016, and Disney joining the competition in early 2019. The share of people who use SVOD services has multiplied since the mid-2010s and the average time people spend on VOD consumption per weekday has also increased significantly since then.
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The global streaming services market size was valued at USD 124.5 billion in 2023 and is projected to reach USD 406.2 billion by 2032, growing at a compound annual growth rate (CAGR) of 14.1% during the forecast period. The rapid growth of this market can be attributed to several factors, including the increasing penetration of internet services, advancements in technology, and the growing demand for digital content.
The proliferation of high-speed internet and the availability of affordable data plans have significantly contributed to the growth of streaming services. As more consumers gain access to reliable internet connections, the consumption of digital content has surged. Additionally, the rise of mobile devices has made it easier for people to access streaming services on the go, further fueling market growth. The shift from traditional media to digital platforms has also played a crucial role in the expansion of the streaming services market.
Technological advancements have been another key driver of growth in the streaming services market. Innovations in video compression, content delivery networks (CDNs), and adaptive streaming technologies have improved the quality and accessibility of streamed content. Moreover, the integration of artificial intelligence (AI) and machine learning (ML) in streaming platforms has enhanced user experiences through personalized content recommendations and improved search functionalities. These advancements have not only attracted more users but have also increased user engagement and retention rates.
Another significant factor contributing to the growth of the streaming services market is the increasing investment in original content by major streaming platforms. Companies like Netflix, Amazon Prime Video, and Disney+ have been investing heavily in producing exclusive shows, movies, and documentaries, which has helped them attract and retain subscribers. This trend towards original content production has not only differentiated these platforms from traditional media outlets but has also intensified competition within the industry, leading to continuous innovation and improvement in service offerings.
Regionally, North America holds the largest share of the streaming services market, driven by high internet penetration, technological advancements, and the presence of major streaming service providers. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period. The rapid expansion of internet infrastructure, increasing smartphone adoption, and the growing popularity of digital content among younger demographics are key factors driving growth in this region. Governments in countries like India and China are also implementing policies to improve digital connectivity, further boosting the market.
The streaming services market can be segmented by type into video streaming, music streaming, game streaming, and others. Video streaming remains the dominant segment, driven by the widespread popularity of platforms like Netflix, YouTube, and Amazon Prime Video. The proliferation of smart TVs and advancements in video quality, such as 4K and HDR, have enhanced the viewing experience, making video streaming services more appealing. Additionally, the surge in live streaming of events, such as sports and concerts, has further boosted the video streaming segment.
Music streaming is another significant segment within the streaming services market. Services like Spotify, Apple Music, and Amazon Music have revolutionized the way people consume music. The ease of access to a vast library of songs, personalized playlists, and offline listening options have attracted a large number of subscribers. The integration of social features, such as sharing playlists and collaborative listening, has also enhanced user engagement. The music streaming segment is expected to continue its growth trajectory, driven by ongoing technological advancements and increasing consumer preference for digital music.
Game streaming is an emerging segment that has gained traction in recent years. Platforms like Twitch, YouTube Gaming, and Microsoft's Xbox Game Pass have popularized the concept of streaming video games. The ability to watch live gameplay, interact with streamers, and access a wide variety of games without the need for high-end hardware has appealed to a broad audience. The growth of esports and the increasing popularity of gaming among younger demographics are expected to drive the expansion of the game streaming s
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Netflix, Inc. is an American media company engaged in paid streaming and the production of films and series.
Market capitalization of Netflix (NFLX)
Market cap: $517.08 Billion USD
As of June 2025 Netflix has a market cap of $517.08 Billion USD. This makes Netflix the world's 19th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.
Revenue for Netflix (NFLX)
Revenue in 2025: $40.17 Billion USD
According to Netflix's latest financial reports the company's current revenue (TTM ) is $40.17 Billion USD. In 2024 the company made a revenue of $39.00 Billion USD an increase over the revenue in the year 2023 that were of $33.72 Billion USD. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Earnings for Netflix (NFLX)
Earnings in 2025 (TTM): $11.31 Billion USD
According to Netflix's latest financial reports the company's current earnings are $40.17 Billion USD. In 2024 the company made an earning of $10.70 Billion USD, an increase over its 2023 earnings that were of $7.02 Billion USD. The earnings displayed on this page is the company's Pretax Income.
On Jun 12th, 2025 the market cap of Netflix was reported to be:
$517.08 Billion USD by Yahoo Finance
$517.08 Billion USD by CompaniesMarketCap
$517.21 Billion USD by Nasdaq
Geography: USA
Time period: May 2002- June 2025
Unit of analysis: Netflix Stock Data 2025
Variable | Description |
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date | date |
open | The price at market open. |
high | The highest price for that day. |
low | The lowest price for that day. |
close | The price at market close, adjusted for splits. |
adj_close | The closing price after adjustments for all applicable splits and dividend distributions. Data is adjusted using appropriate split and dividend multipliers, adhering to Center for Research in Security Prices (CRSP) standards. |
volume | The number of shares traded on that day. |
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The global video streaming market is experiencing explosive growth, projected to reach $129.88 billion in 2025 and maintain a robust Compound Annual Growth Rate (CAGR) of 23.59% from 2025 to 2033. This surge is fueled by several key drivers: the increasing affordability and accessibility of high-speed internet, the rising popularity of on-demand content consumption, and the proliferation of smart TVs and mobile devices capable of streaming high-quality video. Furthermore, the continuous innovation in streaming technologies, including advancements in video compression and adaptive bitrate streaming, contributes to a smoother and more efficient user experience, further boosting market adoption. The market is highly competitive, with established players like Netflix, Amazon, and Disney vying for market share alongside emerging tech companies such as Roku and smaller players focusing on niche audiences. The expansion of streaming services into diverse content categories, including live sports, esports, and interactive experiences, represents a significant trend shaping the market's future. However, challenges remain. Content licensing costs are a significant expense for streaming platforms, impacting profitability. The increasing competition for subscribers and the rising concerns around data privacy and security also present hurdles. Regional variations in internet infrastructure and consumer preferences influence market penetration, with developed regions exhibiting higher adoption rates. Future growth will depend on factors such as the continued evolution of streaming technologies, the development of innovative business models, and the ability of companies to effectively manage content costs and maintain subscriber engagement. The market's segmentation reflects this diverse landscape, with varying offerings targeting different demographics and preferences. Successfully navigating these complexities will be crucial for companies seeking sustained success in this dynamic and competitive market. Recent developments include: May 2023: The International Boxing Association (IBA) announced a strategic agreement with OTTera, a top white-label professional service specializing in individualized OTT solutions. The IBA Men's World Boxing Championships served as a backdrop for the agreement's conclusion in Tashkent. This agreement intends to give boxing fans a better watching experience and raise the sport's international visibility owing to the combined expertise of IBA and OTTera., February 2023: A partnership between MoEngage, a prominent customer engagement platform, and Myco, a platform for web-3 video streaming, fundraising, production, and distribution, was announced. By utilizing MoEngage's insights-led technology, which uses push notifications as a channel, the alliance seeks to increase audience and creator engagement on Myco., August 2022: An innovative white-label Free Ad-Supported TV (FAST) platform with a built-in viewer reward scheme was introduced by TVCoins. The platform allows content owners to post their live and on-demand videos without making any upfront payments within days of registering for the service. The TVCoins platform was utilized by Telemedelln, one of Colombia's public TV networks, to launch their new TM+ app, which offers premium content on iOS and Android devices worldwide.. Key drivers for this market are: Growing Availability of High-speed Internet Connections, Rising Popularity of Live Streaming Events, such as Sports, Concerts, and Gaming. Potential restraints include: Growing Availability of High-speed Internet Connections, Rising Popularity of Live Streaming Events, such as Sports, Concerts, and Gaming. Notable trends are: Growing Availability of High-speed Internet Connections.
Video Streaming Market Size 2025-2029
The video streaming market size is forecast to increase by USD 725.2 billion at a CAGR of 28.3% between 2024 and 2029.
The market is experiencing significant growth, driven by the heightened demand for encoders that support multiple broadcasting formats. This trend is fueled by the increasing popularity of over-the-top (OTT) content and the proliferation of connected devices. Furthermore, the application of advanced technologies such as artificial intelligence (AI), deep learning (DL), and machine learning (ML) is transforming the industry, enabling personalized recommendations and enhanced user experiences. However, this market expansion also brings challenges, including growing privacy and security concerns. As consumers become more aware of data protection issues, providers must prioritize robust security measures to maintain trust and compliance.
In summary, the market is witnessing dynamic growth, fueled by evolving consumer preferences and technological advancements, while navigating the complexities of privacy and security concerns.
What will be the Size of the Video Streaming Market During the Forecast Period?
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In the dynamic the market, immersive video technologies are revolutionizing content consumption, with streaming platforms continuously developing innovative features. Esports broadcasting infrastructure leverages these advancements, delivering high-quality, real-time experiences to viewers. AI-powered content discovery and personalized recommendations enhance user engagement, while CDN performance analysis and content analytics dashboards optimize streaming quality. Content licensing agreements and churn reduction initiatives ensure a steady supply of premium content and minimize subscriber loss. Content piracy prevention and cybersecurity protocols safeguard intellectual property and user data. Interactive content formats and augmented reality experiences create new revenue streams and improve user experience. Video compression technologies and audio encoding techniques enable efficient content delivery, while content acquisition strategies and production workflows ensure a steady supply of diverse and high-quality programming.
Streaming infrastructure scaling, server capacity management, and network performance optimization address the challenges of handling increasing demand and maintaining consistent streaming quality. Data privacy regulations and customer engagement strategies are essential components of the evolving video streaming landscape, ensuring user trust and fostering long-term relationships. Content moderation guidelines and streaming quality optimization address the need for a safe and enjoyable viewing experience.
How is this Video Streaming Industry segmented and which is the largest segment?
The video streaming industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Type
Live
Non-linear
Deployment
Cloud
On-premises
Platform
Smartphones and tablets
Smart TV
Laptops and desktops
Gaming consoles
End-user
Individual users
Enterprises
Educational institutions
Geography
North America
US
Canada
Europe
France
Germany
UK
APAC
China
India
Japan
South Korea
South America
Brazil
Rest of World (ROW)
By Type Insights
The live segment is estimated to witness significant growth during the forecast period.
The market experienced significant growth in 2024, with live video streaming leading the segment. This trend is driven by the rising popularity of streaming services in various industries, including media and entertainment, esports, education, and marketing. The widespread availability of high-speed internet and mobile devices has made live content more accessible, leading to increased consumer engagement. Major platforms like YouTube, Facebook, and Twitch dominate this landscape, particularly among younger audiences. In addition, businesses utilize live streaming for product launches, marketing events, and customer interaction, enhancing brand visibility. The market encompasses a diverse range of players, from industry giants like Amazon and Netflix Inc.
To emerging players. Machine learning, predictive analytics, and user behavior analysis are essential components of the market, enabling personalized content recommendations and improving user experience. Content acquisition, distribution, and monetization models continue to evolve, with free trials, subscription tiers, and targeted advertising becoming common strategies. Content libraries, global expansion, and digital rights management are also critical areas of focus. The market's future is shaped b
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The Video On Demand Market size was valued at USD 97.19 USD Billion in 2023 and is projected to reach USD 291.69 USD Billion by 2032, exhibiting a CAGR of 17.0 % during the forecast period. Video On Demand (VOD) includes all video content requested on-demand by users. This could be premium movies or libraries of TV shows, sporting events or concerts. It could also include user-created video content. In addition, some IPTV operators are starting to offer the ability to see all the TV programs aired on their multichannel pay-TV channels in the previous 24 or 48 hours on demand. This video content is held in a constantly updated library hosted by their network. VOD systems typically distribute media using internet connections, so good bandwidth is important for best results for viewers. Popular platforms include Netflix, Hulu, Disney, Amazon Prime Video and many others. Recent developments include: January 2024: Evision expanded its strategic partnership with Disney Star. Through this collaboration, Evision aims to bring South Asian entertainment content to audiences across the Middle East & Africa (MENA)., August 2023: DistroTV entered a partnership with Network18. Through this partnership, users of DistroTV in India will be able to stream Network18's wide range of channels live and for free., July 2022: Netflix partnered with Microsoft to offer new ad-supported subscription plans. Through this partnership, Microsoft became Netflix's global ad technology and delivery partner to support all advertising needs., April 2022: Hulu developed U.S. streaming rights to Schitt’s Creek. By this acquisition, the company became the exclusive subscription VoD destination for the fan-favorite and critically acclaimed series "Schitt's Creek" in the U.S. , September 2021: Amazon.com Inc. launched prime video channels across India. The premium video channels provide access to several on-demand video channels, including Lionsgate Play, discovery+, Eros Now, Docubay, Hoichoi, MUB, Manorama Max, and Shorts TV for its prime members., July 2021: Comcast Corporation and ViacomCBS Inc. partnered to expand their streaming services in the international market. Comcast Corporation’s NBCUniversal Peacock has more than 42 million subscribers in the U.S. Also, ViacomCBS Inc.’s Paramount+ has around 36 million subscribers base for its video streaming platform. . Key drivers for this market are: Increasing Adoption of Smart Devices and Online Streaming Applications to Propel Market Growth . Potential restraints include: Concern Regarding the Privacy of Video Content to Hinder the Market Growth. Notable trends are: Enhanced User Experience and Ease of Use are Considered Emerging Trends.
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The UK video downloading and streaming services industry has undergone substantial transformation recently, driven by technological advancements and an influx of diverse content. By December 2023, the industry's top platforms boasted a staggering 100,000 hours of content, according to IBISWorld, luring subscribers with captivating titles like House of Dragon and The Rings of Power. Market concentration in the industry is exceptionally high. Netflix Inc, Amazon Digital UK Ltd, The Walt Disney Company Ltd and Sky UK Ltd dominate the scene. Collectively, they account for over 90% of revenue with their platforms Netflix, Amazon Prime Video, Disney+ and NOW TV. Revenue is expected to mount at a compound annual rate of 8.6% to £2.6 billion over the five years through 2024-25. Hikes in household disposable income, mobile connections and online expenditure have expanded viewers' appetite for videos accessed on-demand. Revenue surged in 2020-21 with the pandemic confining people to their homes because of lockdowns. More leisure time saw customers looking for more content on various platforms, boosting subscriptions. Revenue is forecast to climb by 5.5% in 2024-25, with the profit margin widening to 6.7%. Streaming will continue to transform, with many companies entering the crowded market. The success of ITVX, Paramount+ and Max will shape future revenue. It will ramp up competition to capture viewers' attention. It will boost UK subscriptions but impact individual platforms' ability to retain customers, facilitating substantial revenue growth. Rising technology adoption, changing viewing habits and expanding content libraries will drive industry growth. New platforms, premium content exclusivity and technological breakthroughs, like adaptive bitrate streaming, will drive growth. Over the five years through 2029-30, video downloading and streaming platforms' revenue is forecast to climb at a compound annual rate of 6.2% to £3.5 billion. The recent crackdown on password sharing by Netflix and its move to introduce ad-supported tiers reflect broader trends of platforms adapting to optimise revenue streams and enhance user experience. By 2026, Max's anticipated launch in the UK will likely shake up the industry further, as existing services, mainly Sky's NOW TV, face new competitive pressures.
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According to Cognitive Market Research, the Global Movies and Entertainment Market Size will be USD XX Billion in 2023 and is set to achieve a market size of USD XX Billion by the end of 2031 growing at a CAGR of XX% from 2024 to 2031.
The Movies and Entertainment market will expand significantly by XX% CAGR between 2024 and 2031.
The video streaming product type accounts for the largest market share and is anticipated to a healthy growth over the approaching years.
Application of Movies and Entertainment in the online platform segment is the market’s largest contributor and is anticipated to expand at a CAGR of XX% during the projected period.
In the genre area of movies, action movies hold the largest market share compared to others.
The usage of Movies and Entertainment among young adults as an audience holds the largest market share compared to others.
North-America region dominated the market and accounted for the highest revenue of XX% in 2022 and it is projected that it will grow at a CAGR of XX% in the future.
Factors Affecting the growth of the Movies and Entertainment market
The rise in the number of streaming services is boosting the growth of the movies and entertainment market.
In recent years, the entertainment landscape has undergone a significant transformation with the rise of streaming platforms. During the COVID-19 lockdown, theatres and all entertainment mediums were closed compelling people across the world to stay at home for their entertainment which became the reason for the emergence of new streaming video services. such as Disney+, Universal, and Warner Bros. joining with Netflix and Amazon. Traditional television and film distribution models have been disrupted, making way for a new era of on-demand content consumption. The convenience and accessibility offered by streaming platforms have significantly influenced consumer behaviour. With access to streaming platforms, viewers are no longer bound by fixed schedules and limited choices as it was with traditional broadcast networks.
Consumers are now having the freedom to create their own entertainment experiences because of a wide range of content access at their fingertips. Binge-watching entire seasons of shows has become a cultural phenomenon, enabling viewers to immerse themselves fully in their favourite stories. One of the driving forces behind the success and preference of streaming platforms is their investment in original content. With a desire to outcast themselves and pool subscribers, platforms like Netflix, Amazon Prime Video and Disney+ have been investing resources into producing high-quality original series and films. This shift has given rise to a golden age of content creation offering unique storytelling opportunities and giving a platform to diverse voices. Streaming services have been able to explore controversial topics, and portray complex characters because of fewer restrictions and regulations compared to traditional broadcast networks. For instance, Netflix is now leading in the video streaming service with nearly 260.28 million subscribers which showed a significant increase of 5.3% from 2023 and nearly 13% growth year over year.
Streaming platforms have also played a significant role in breaking up the boundaries in terms of content and challenging societal norms. Also, these platforms have made entertainment more accessible and convenient for people with affordable subscription plans and the availability of content on multiple devices. For instance, in 2021, the United States was the largest filmed entertainment market worldwide, with a revenue of almost 24 billion U.S. dollars. The reason is the video streaming market which is currently dominated by Netflix, with a wide range of original content and a large subscriber base. Also, the Over-the-top (OTT) video revenue was reported to reach 154 billion U.S. dollars, with the United States accounting for the largest share of revenue worldwide.
Furthermore, it is clear streaming services have achieved a strong presence in American homes, as nearly 99% of U.S. households hold subscriptions to at least one or more streaming services, with Netflix, Amazon Prime Video, and Apple TV+ topping the charts. (Source: https://www.forbes.com/home-improvement/internet/streaming-stats/)
Also, 54% of US internet users subscribe to four or more over-the-top (OTT) video services, while 20% subscribe to 8 or more serv...
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The global media streaming market, valued at $128.36 billion in 2025, is projected to experience robust growth, driven by increasing internet penetration, affordable data plans, and the rising popularity of on-demand content. The 7.86% CAGR indicates substantial expansion through 2033. Key drivers include the proliferation of high-quality streaming services offering diverse content (music, video), various revenue models (subscription, advertising), and accessibility across multiple platforms (smartphones, smart TVs, gaming consoles). The market's segmentation highlights the significant contributions of music and video streaming, with subscription models increasingly dominant due to their predictable revenue streams and potential for premium content offerings. Geographic distribution reveals strong growth in North America and Asia Pacific, fueled by large consumer bases and technological advancements. Competition is fierce, with established players like Netflix, Disney+, Amazon Prime Video, Spotify, and YouTube facing challenges from emerging regional and niche streaming platforms. The ongoing evolution of content creation, technological innovation (e.g., improved streaming quality, personalized recommendations), and the need to address concerns regarding data privacy and content regulation will shape the market's future trajectory. The competitive landscape is characterized by both established giants and emerging players. Large media conglomerates leverage their existing content libraries and brand recognition to maintain market leadership. However, smaller, specialized platforms are successfully carving out niches by focusing on specific genres or demographics. Future growth will depend on factors such as the successful integration of new technologies (like immersive VR/AR experiences), effective content acquisition strategies, and the ability to adapt to evolving consumer preferences. The increasing demand for high-quality, personalized, and ad-free streaming experiences will continue to drive innovation and investment in the sector, creating both opportunities and challenges for market participants. Furthermore, the increasing focus on user privacy and data security will necessitate a more transparent and responsible approach to data handling. This comprehensive report provides a detailed analysis of the global media streaming market, encompassing the historical period (2019-2024), base year (2025), estimated year (2025), and forecast period (2025-2033). Valued at billions, the market is experiencing explosive growth, driven by increasing internet penetration, the rise of smart devices, and evolving consumer preferences. This report offers crucial insights for investors, businesses, and stakeholders navigating this dynamic landscape. Recent developments include: January 2023: IndiaCast Media Distribution Pvt. Ltd., the multi-platform content asset monetization entity jointly owned by TV18 and Viacom18, has partnered with Amagi to launch Desi Play TV, a free ad-supported streaming television (FAST) channel in HD on Sling in the US and Plex across the US, Canada, and Middle East regions. Amagi is a world leader in cloud-based SaaS technology for broadcast and connected TV. The network's first FAST channel will feature some of the most well-liked, carefully chosen Hindi series with English subtitles from its catalog of Viacom18 material., January 2023: To handle the increase in local and international demand for the 2022 FIFA World Cup, Beyond Technology, a global player in technology transformation, and Infinera successfully implemented a 3.6 Terabit network for a top Middle Eastern network operator.. Key drivers for this market are: Easy Accessibility and Playlist Customization on Various Audio Streaming Platforms, Growing Adoption of Subscription Video on Demand (SVoD) Services; Increasing Popularity of Live Sports Streaming Services. Potential restraints include: Concerns Relating to Understanding the Changing Behaviour Pattern of the Consumers. Notable trends are: Music Streaming Segment is Expected to Witness Significant Growth.
In 2023, Netflix had an estimated market share of ** percent in the Australian subscription video-on-demand (SVOD) market, based on revenue. Disney+ had a market share of ** percent, almost as high as Australian competitor Foxtel. Disney+ was launched in late 2019 and quickly made its mark on the global SVOD industry, and the Australian market was no exception.
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In November 2023, Showmax displaced Netflix as the biggest streaming service in Africa.
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In 2023, the global online streaming service market size was valued at approximately $155 billion, and it is expected to grow to $455 billion by 2032, with a compound annual growth rate (CAGR) of 12.5%. The growth of this market is primarily driven by the increasing adoption of smartphones, high-speed internet penetration, and the growing popularity of content-on-demand services.
The shift in consumer preferences from traditional cable TV to digital streaming platforms is a significant growth factor for the online streaming service market. With the proliferation of high-speed internet and more accessible mobile devices, consumers now have the flexibility to access a vast array of content at their convenience. The younger demographic, particularly millennials and Generation Z, prefer the on-demand nature and diverse content options provided by online streaming services, which is propelling market growth.
The emergence of high-quality original content has also played a crucial role in the market's expansion. Major streaming platforms like Netflix, Amazon Prime, and Disney+ are heavily investing in producing original series and movies, which not only attract new subscribers but also help in retaining existing ones. The success of these original productions has prompted other platforms to adopt a similar strategy, further driving the market. Additionally, collaborations between streaming companies and major entertainment studios are leading to exclusive content, which enhances the value proposition for subscribers.
Technological advancements, such as the integration of artificial intelligence (AI) and machine learning (ML) for personalized content recommendations, are further catalyzing the market's growth. These technologies analyze user preferences and viewing history to offer customized content, thereby improving user experience and engagement. Additionally, the deployment of 5G technology is expected to provide faster and more reliable internet connections, making it easier for users to stream high-definition content without interruptions, thus boosting market growth.
Regionally, North America dominated the online streaming service market in 2023 due to the high penetration of internet services and the presence of major market players. However, the Asia-Pacific region is expected to witness the fastest growth during the forecast period. The increasing internet penetration, rising disposable incomes, and growing young population in countries like India and China are contributing significantly to the market's growth in this region. Europe and Latin America are also seeing substantial growth due to the increasing adoption of streaming services and improved internet infrastructure.
Anime Streaming Service platforms have gained remarkable traction in recent years, especially among younger audiences who are avid fans of Japanese animation. These services, such as Crunchyroll and Funimation, offer a vast library of anime content, ranging from classic series to the latest releases. The unique appeal of anime, with its diverse genres and storytelling styles, has contributed to the growing popularity of these platforms. Additionally, the availability of simulcasts, which allow viewers to watch new episodes shortly after their Japanese release, enhances the appeal of anime streaming services. This segment of the market is not only attracting dedicated anime fans but also new viewers who are discovering the rich and varied world of anime.
The online streaming service market can be segmented by type into subscription-based, ad-supported, and transactional video-on-demand (TVOD) services. Subscription-based services, such as those offered by Netflix and Disney+, dominate the market due to their vast libraries of content and exclusive original programming. These platforms offer consumers unlimited access to a wide range of content for a monthly or yearly fee, which is a significant draw for users who prefer a predictable billing cycle and no interruptions from advertisements.
Ad-supported streaming services, like Hulu and YouTube, provide free or lower-cost access to content with the inclusion of advertisements. This model is particularly appealing in regions with lower disposable incomes, where consumers may be more price-sensitive. Advertisers are also drawn to these platforms due to their large and engaged user bases, providing a lucrative opport
In the third quarter of 2024, Netflix was the most popular subscription video-on-demand (SVOD) service in the United Kingdom, capturing a market share of ** percent based on users' interest in adding content to their watch lists. Amazon Prime Video followed closely with a market share of ** percent, while Disney+ ranked third with a market share of ** percent.
In the fourth quarter of 2024, Amazon Prime Video was the most popular subscription video-on-demand (SVOD) service in the United States with a market share of ** percent, based on the users' interest in adding content to their watch lists of certain streaming platforms. Netflix followed closely with a market share of ** percent. Subscription streaming market – a money-losing business? While subscription streaming platforms increased their subscriber bases in the years 2020 and 2021 due to the measures taken during the COVID-19 pandemic, 2022 and 2023 saw services such as Netflix and Disney+ lose a substantial number of customers. Furthermore, the direct-to-consumer (DTC) businesses of large media companies are struggling to turn a profit. Paramount, for example, reported a loss of *** billion U.S. dollars for its streaming services in 2023. Streaming companies take action In order to compensate for subscriber and income losses, streaming companies implemented several strategies, such as launching more profitable ad-supported tiers, cracking down on credential sharing, laying off thousands of employees, and spending less on content. The Walt Disney Company was already able to increase DTC profits recently. Its cost-cutting measures include layoffs and savings in content spending by reducing content produced and removing TV shows and movies from its streaming services.