“Netflix’s dominance of global SVOD is falling, although the company will add 79 million subs between 2018 and 2024 to take its total to 219 million,' forecasts Digital TV Research.
“Netflix’s dominance of global SVOD is falling, although the company will add 79 million subs between 2018 and 2024 to take its total to 219 million," forecasts Digital TV Research.
“Netflix’s dominance of global SVOD is falling, although the company will add 79 million subs between 2018 and 2024 to take its total to 219 million," it said in its report. And Simon Murray, principal analyst at Digital TV Research, highlighted: “This comes despite the onslaught from new global players.” Netflix has invested in local productions inas foreign markets have become a key driver of user growth for the streaming giant.
In terms of SVOD revenue though, Disney will rank ahead of Amazon, according to its forecast. Netflix’s revenue will more than double from $15 billion in 2018 to $35 billion in 2024 despite subscriptions only climbing by 57 percent, predicts Digital TV Research. It sees Disney+ generating $7.4 billion in revenue by 2024, ahead of Amazon’s estimated $6.0 billion.
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