GITNUX MARKETDATA REPORT 2024

Streaming Video Industry Statistics

The streaming video industry is experiencing significant growth, with a large increase in the number of users and hours viewed per day, driven by the popularity of on-demand content and live streaming services.

Statistic 1

"As of May 2021, Netflix had 208 million subscribers worldwide."

Sources Icon

Statistic 2

"In North America, video streaming made up for 58.7% of downstream traffic on the internet in 2021."

Sources Icon

Statistic 3

"In Q2 2021, Amazon Prime Video had over 175 million streaming customers."

Sources Icon

Statistic 4

"Disney+ hit 116 million subscribers globally by August 2021."

Sources Icon

Statistic 5

"YouTube has over 2 billion logged-in viewers each month."

Sources Icon

Statistic 6

"Video streaming services revenue is predicted to reach $30,443 million in 2022."

Sources Icon

Statistic 7

"In 2020, 80% of consumers in the U.S. subscribed to at least one paid video streaming service."

Sources Icon

Statistic 8

"HBO Max reached 44.2 million U.S. subscribers in Q1 2021."

Sources Icon

Statistic 9

"Web video traffic will make up 79% of all consumer internet traffic by 2023."

Sources Icon

Statistic 10

"Hulu has 41.6 million total subscribers as of Q2 2021."

Sources Icon

Statistic 11

"The average streaming time per user was 18 hours 47 minutes in Q2 2020."

Sources Icon

Statistic 12

"In 2021, there were an estimated 1.1 billion subscriptions to streaming platforms worldwide."

Sources Icon

Statistic 13

"The Asia Pacific region is predicted to have the most OTT video subscribers globally, with 467 million predicted for 2023."

Sources Icon

Statistic 14

"By 2025, the global video streaming market is estimated to be worth $842.93 billion."

Sources Icon

Statistic 15

"During peak times, Netflix can account for around 37% of all downstream internet traffic."

Sources Icon

Statistic 16

"Approximately 92% of U.S. teens/young adults use YouTube, making it the most popular online platform among this demographic."

Sources Icon

Statistic 17

"In 2020, 55% of U.S. adults reported that they were watching videos online every single day."

Sources Icon

Statistic 18

"20% of Amazon Prime Video content was viewed on mobile devices in 2020."

Sources Icon

Statistic 19

"In 2020, 65% of internet users worldwide watched video content online."

Sources Icon

Statistic 20

"The average annual spending of video-on-demand consumers in the U.S. increased to $282 in 2020."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!