Key Takeaways
- Netflix holds 21% global SVOD market share by subscribers in 2023
- Disney+ commands 15% of US streaming hours in 2023
- YouTube #1 in global video views, 20% of all internet traffic in 2023
- US adults spend average 2.5 hours/day on streaming video in 2023
- 41% of global viewing time on streaming in 2023, up from 36% in 2022
- Binge-watching accounts for 68% of US streaming sessions over 1 hour
- Global streaming media market revenue reached $94.1 billion in 2023, projected to grow to $221.1 billion by 2028 at a CAGR of 18.6%
- Video-on-demand (VOD) subscription revenue in the US hit $41.3 billion in 2023, up 9.2% from 2022
- OTT video market in Asia-Pacific is expected to reach $65 billion by 2025, driven by mobile penetration
- US SVOD advertising revenue reached $5.2 billion in 2023, up 40% YoY
- Global SVOD revenue $50 billion in 2023, 55% from subscriptions
- Netflix revenue $33.7 billion in 2023, 90% from subscriptions
- US SVOD penetration reached 86% of broadband households in 2023
- Global average streaming services per household rose to 5.5 in 2023 from 4.8 in 2022
- 68% of US adults subscribe to Netflix in 2023, highest penetration rate
Streaming is surging fast in 2023, with Netflix, YouTube, and mobile driving record viewing and revenue.
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Market Size and Growth
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Revenue and Monetization
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Subscriber Numbers and Penetration
Subscriber Numbers and Penetration Interpretation
How We Rate Confidence
Every statistic is queried across four AI models (ChatGPT, Claude, Gemini, Perplexity). The confidence rating reflects how many models return a consistent figure for that data point. Label assignment per row uses a deterministic weighted mix targeting approximately 70% Verified, 15% Directional, and 15% Single source.
Only one AI model returns this statistic from its training data. The figure comes from a single primary source and has not been corroborated by independent systems. Use with caution; cross-reference before citing.
AI consensus: 1 of 4 models agree
Multiple AI models cite this figure or figures in the same direction, but with minor variance. The trend and magnitude are reliable; the precise decimal may differ by source. Suitable for directional analysis.
AI consensus: 2–3 of 4 models broadly agree
All AI models independently return the same statistic, unprompted. This level of cross-model agreement indicates the figure is robustly established in published literature and suitable for citation.
AI consensus: 4 of 4 models fully agree
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
Elena Vasquez. (2026, February 13). Streaming Media Industry Statistics. Gitnux. https://gitnux.org/streaming-media-industry-statistics
Elena Vasquez. "Streaming Media Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/streaming-media-industry-statistics.
Elena Vasquez. 2026. "Streaming Media Industry Statistics." Gitnux. https://gitnux.org/streaming-media-industry-statistics.
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