Between 2016 and 2023, content spending of Netflix generally increased from 4.7 billion U.S. dollars to over 14 billion U.S. dollars globally. North America has long been the streaming giant's largest market. However, a forecast shows that by 2024 spending on local content will likely surpass that of programming investments in North America in order to cater to the increasing number of subscribers in Europe, Asia, and Latin America.
Content spending of Netflix from 2016 to 2024, by region of production
(in billion U.S. dollars)
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Ampere Analysis. (March 10, 2024). Content spending of Netflix from 2016 to 2024, by region of production (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1482958/content-spending-netflix-by-region-of-production/
Ampere Analysis. "Content spending of Netflix from 2016 to 2024, by region of production (in billion U.S. dollars) ." Chart. March 10, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1482958/content-spending-netflix-by-region-of-production/
Ampere Analysis. (2024). Content spending of Netflix from 2016 to 2024, by region of production (in billion U.S. dollars) . Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1482958/content-spending-netflix-by-region-of-production/
Ampere Analysis. "Content Spending of Netflix from 2016 to 2024, by Region of Production (in Billion U.S. Dollars) ." Statista, Statista Inc., 10 Mar 2024, https://www.statista.com/statistics/1482958/content-spending-netflix-by-region-of-production/
Ampere Analysis, Content spending of Netflix from 2016 to 2024, by region of production (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1482958/content-spending-netflix-by-region-of-production/ (last visited November 22, 2024)
Content spending of Netflix from 2016 to 2024, by region of production (in billion U.S. dollars) [Graph], Ampere Analysis, March 10, 2024. [Online]. Available: https://www.statista.com/statistics/1482958/content-spending-netflix-by-region-of-production/