DUBLIN, June 21, 2022 /PRNewswire/ -- The "Global SVOD Forecasts 2022" report has been added to ResearchAndMarkets.com's offering.
Global SVOD subscriptions will increase by 485 million between 2021 and 2027 to reach 1.69 billion. Six US-based platforms will have 988 million paying SVOD subscribers by 2027, up from 612 million in 2021.
Simon Murray, principal analyst at the publisher said: "Our Netflix forecasts for 2027 are 29 million lower than our February update - at 253 million. Netflix needs to boost its content to counter its fresher and cheaper rivals."
Netflix will add 31 million subscribers between 2021 and 2027, despite losing 4 million subscribers in North America. Disney+ will overtake Netflix in 2025. Disney+ will add 144 million subscribers between 2021 and 2027 to take its total to 274 million Disney+ Hotstar will roll out to 13 Asian countries by 2027.
These countries will supply 114 million (42%) of the global Disney+ subscriber total, but only $1.58 billion (11%) of Disney+' revenues [$14.7 billion] by 2027.
Netflix will remain the revenue winner, with $34 billion by 2027 - similar to Disney+, HBO Max and Paramount+ combined. However, the Netflix total is only $4 billion more than 2021 as subscriber growth decelerates and ARPU is squeezed.
Key Topics Covered:
This report contains comprehensive coverage of the SVOD sector for TV episodes and movies across 841 platforms in 138 countries.
The report comprises:
Major SVOD platforms, including subscriber and revenues forecasts by country (2010 to 2027) for the major platforms.
Individual analysis chapters for Netflix, Disney+, Paramount+, HBO Max, Amazon Prime Video and Apple TV+
Insight profiles for the top 10 countries (Brazil, China, France, Germany, India, Japan, Mexico, Russia, UK and USA)
Country-by-country forecasts from 2010 to 2027
Amazon Prime Video
For more information about this report visit https://www.researchandmarkets.com/r/h5ms5h
Research and Markets
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SOURCE Research and Markets