Summary
- • The global SVOD industry will reach a market size of $108.6 billion by 2025.
- • The number of SVOD subscribers worldwide is projected to reach 1.1 billion by 2026.
- • Netflix is the largest SVOD service globally with over 209 million subscribers.
- • The SVOD penetration rate in North America is 67% as of 2021.
- • Disney+ had over 103.6 million subscribers as of April 2021.
- • The average SVOD subscriber in the US spends around $44 per month on streaming services.
- • In 2020, the number of SVOD subscriptions in the United States reached 308.6 million.
- • Amazon Prime Video's subscriber base was estimated at over 175 million worldwide in 2021.
- • The SVOD market in Asia Pacific is expected to grow at a CAGR of 12.4% from 2021 to 2028.
- • Hulu had 41.6 million subscribers as of December 2020.
- • SVOD revenue in Europe is expected to reach over $16 billion in 2021.
- • HBO Max reported 44.2 million activated subscribers as of Q3 2021.
- • The SVOD market in Latin America is forecasted to reach $6.45 billion by 2022.
- • Apple TV+ had around 40 million subscribers as of March 2021.
- • The average SVOD subscriber in the UK has 2.4 streaming services.
Hold onto your popcorn and get ready to binge on some mind-boggling numbers – the SVOD industry is taking the world by storm! With the global market set to balloon to a colossal $108.6 billion by 2025 and a whopping 1.1 billion subscribers expected by 2026, its clear that streaming is not just a trend but a cultural phenomenon. From Netflix reigning supreme with over 209 million subscribers to the average American SVOD aficionado shelling out $44 per month on their streaming fix, the numbers speak volumes. So grab your remote, settle in, and join the streaming revolution as we navigate the wild world of SVOD statistics in this eye-opening blog post.
Average SVOD Subscriber Behavior
- The average SVOD subscriber in the US spends around $44 per month on streaming services.
- The average SVOD subscriber in the UK has 2.4 streaming services.
Interpretation
In a world where subscription video-on-demand services have become the new digital water cooler, it seems our viewing habits are as diverse as our accents. While Americans shell out a meaty $44 a month to keep their bingeing cravings at bay, our British counterparts are a bit more selective, juggling an average of 2.4 services like expertly kept tea saucers. Perhaps it’s a tale of two streaming cities: one eager to sample everything on the menu, the other content with a select few offerings. Either way, it’s clear that in the game of streaming, both sides of the pond are willing to pay a pretty pound for their on-screen entertainment.
Global SVOD Industry Overview
- The global SVOD industry will reach a market size of $108.6 billion by 2025.
Interpretation
Looks like we're all subscribing to the future! With the global SVOD industry predicted to hit a whopping $108.6 billion by 2025, it's clear that streaming services are not just a trend but a significant player in the entertainment market. So, buckle up, grab your popcorn, and get ready to watch the battle of the streaming giants unfold as they compete for our precious screen time and subscription dollars like never before. It seems the only thing we'll be cutting in the future is our cable cords!
Regional SVOD Market Penetration Rates
- The SVOD penetration rate in North America is 67% as of 2021.
- The SVOD market in Asia Pacific is expected to grow at a CAGR of 12.4% from 2021 to 2028.
- SVOD revenue in Europe is expected to reach over $16 billion in 2021.
- The SVOD market in Latin America is forecasted to reach $6.45 billion by 2022.
- The number of SVOD subscribers in Africa is expected to exceed 15 million by 2026.
- The SVOD market in the Middle East and Africa is projected to grow at a CAGR of 22.7% from 2021 to 2026.
- The SVOD industry in India is projected to grow at a CAGR of 30.7% from 2020 to 2025.
- The SVOD market in China is expected to reach $40.2 billion by 2025.
- The SVOD market in Japan is forecasted to reach $5.6 billion by 2025.
- The SVOD market in Australia is expected to grow at a CAGR of 11.2% from 2021 to 2026.
- The SVOD penetration rate in Western Europe is expected to reach 94% by 2026.
- The SVOD market in Russia is forecasted to reach $1.6 billion by 2025.
- The SVOD market in Brazil is expected to exceed $2 billion by 2025.
- The SVOD market in Germany is projected to grow at a CAGR of 7.4% from 2021 to 2026.
- The SVOD market in France is estimated to be worth €52.3 million in 2021.
- The SVOD market in South Korea is expected to reach $1.75 billion by 2025.
- The SVOD penetration rate in India is expected to grow to 28% by 2026.
- The SVOD market in the Netherlands is expected to exceed €1 billion by 2026.
- The SVOD market in Mexico is forecasted to reach $2.4 billion by 2025.
- The SVOD market in Argentina is projected to reach $340 million by 2025.
- The SVOD market in Spain is expected to grow at a CAGR of 9.5% from 2021 to 2026.
- The SVOD market in Poland is forecasted to reach $530 million by 2025.
- The SVOD market in Turkey is projected to grow at a CAGR of 10.8% from 2021 to 2026.
- The SVOD market in Thailand is forecasted to surpass $100 million by 2025.
- The SVOD market in UAE is expected to grow at a CAGR of 17% from 2021 to 2025.
- The SVOD market in Singapore is estimated to be worth $200 million in 2021.
- The SVOD market in Malaysia is forecasted to reach $230 million by 2025.
Interpretation
The global SVOD landscape is evolving at a pace that will make even the most dedicated binge-watcher's head spin. With a penetration rate of 67% in North America, it's clear that streaming has become as essential as caffeine for many. Meanwhile, Asia Pacific is gearing up for a blockbuster growth spurt, with a CAGR of 12.4% that would make even the most seasoned investor raise an eyebrow. Europe is set to raise the stakes even higher, with revenue skyrocketing to over $16 billion in 2021. Latin America is snatching the spotlight with a forecasted revenue of $6.45 billion by 2022, proving that the streaming stage is truly global. So, grab your popcorn and fasten your seatbelt as we witness the SVOD revolution unfold in all corners of the world, from Africa to Australia, and everywhere in between.
SVOD Subscriber Statistics
- The number of SVOD subscribers worldwide is projected to reach 1.1 billion by 2026.
- Disney+ had over 103.6 million subscribers as of April 2021.
- In 2020, the number of SVOD subscriptions in the United States reached 308.6 million.
- Amazon Prime Video's subscriber base was estimated at over 175 million worldwide in 2021.
- Hulu had 41.6 million subscribers as of December 2020.
- HBO Max reported 44.2 million activated subscribers as of Q3 2021.
- Apple TV+ had around 40 million subscribers as of March 2021.
- Paramount+ had 42.8 million global subscribers as of Q3 2021.
- Peacock had 22 million sign-ups as of Q4 2020.
- YouTube Premium had over 20 million subscribers as of April 2021.
- Showtime's streaming service had around 6 million subscribers in April 2021.
- Discovery+ reported 15 million global subscribers as of February 2021.
- ESPN+ had over 14 million subscribers as of February 2021.
- Starz had approximately 10.4 million global subscribers in April 2021.
- Crunchyroll had over 4 million subscribers as of March 2021.
- CBS All Access had around 8 million subscribers as of February 2021.
- RAIPlay had over 2.1 million subscribers in Italy as of March 2021.
- CHILI Cinema had 1.2 million active monthly users in Europe as of February 2021.
- Shudder had over 1 million subscribers globally as of March 2021.
- BritBox had around 500,000 subscribers in the UK as of April 2021.
- Acorn TV had over 1 million subscribers as of March 2021.
- HBO Nordic had approximately 1.2 million subscribers in the Nordics as of March 2021.
- The SVOD market in South Africa is expected to exceed 3.5 million subscriptions by 2026.
- Viaplay had around 4 million subscribers across the Nordics as of April 2021.
- Hayu had over 1.5 million subscribers globally as of March 2021.
- DAZN had over 8 million global subscribers as of April 2021.
- MagentaTV had over 1.5 million subscribers in Germany as of March 2021.
- iQiyi had approximately 115 million subscribers in China as of February 2021.
- Lesflicks had over 10,000 subscribers globally as of March 2021.
Interpretation
In a world where streaming services compete for our attention like contestants on a reality TV show, the SVOD industry's numbers tell a tale of global domination. With projections soaring to 1.1 billion subscribers by 2026, it seems we're all tuning in for the next binge-worthy hit. Disney+ leading the charge with over 103.6 million subscribers, proving that even superheroes need a break from saving the world. Meanwhile, Amazon Prime Video's 175 million strong subscriber base is a force to be reckoned with, like a digital army of entertainment enthusiasts. From Hulu's bustling 41.6 million to HBO Max's impressive 44.2 million, it's clear that the streaming wars are in full swing. With services like YouTube Premium and Crunchyroll racking up millions of subscribers, it seems we're all just one click away from our next obsession. Welcome to the future of television, where the remote control is a thing of the past, and the subscribe button reigns supreme.
Top SVOD Service Performances
- Netflix is the largest SVOD service globally with over 209 million subscribers.
Interpretation
With over 209 million subscribers worldwide, Netflix reigns as the undisputed giant of the subscription video-on-demand (SVOD) industry, effectively lording over the streaming landscape like a content-hungry colossus. In its quest for global domination, Netflix has revolutionized the way we consume entertainment, proving that when it comes to captivating audiences, size really does matter. Love it or loathe it, one thing's for sure: in the realm of SVOD, Netflix rules with an iron remote control.