SVOD Forecasts Update
The number of gross SVOD subscriptions will increase by 91% - or 462 million - between 2018 and 2024 to reach 970 million. The total will climb by 124 million in 2019 alone.
By 2024, Netflix will contribute 23% of the global total, Amazon Prime Video 13%, Disney+ 8% and Apple TV+ 1%. These four companies will control 45% of the global total. This leaves a substantial market for others, including 30% of global subscriptions in China where none of the four global players will operate.
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