Data on the subscription video-on-demand (SVOD) market in the United States has revealed that revenue from this format reached around 37.1 billion U.S. dollars in 2023, over 20 percent higher than the figure recorded the previous year. SVOD services like Netflix have proved incredibly popular among U.S. consumers and have meant that traditional providers have taken a big hit when it comes to subscriber numbers.
Subscription video-on-demand (SVOD) revenue in the United States from 2011 to 2023
(in billion U.S. dollars)
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Digital Entertainment Group. (February 7, 2024). Subscription video-on-demand (SVOD) revenue in the United States from 2011 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/483100/svod-revenue-usa/
Digital Entertainment Group. "Subscription video-on-demand (SVOD) revenue in the United States from 2011 to 2023 (in billion U.S. dollars)." Chart. February 7, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/483100/svod-revenue-usa/
Digital Entertainment Group. (2024). Subscription video-on-demand (SVOD) revenue in the United States from 2011 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/483100/svod-revenue-usa/
Digital Entertainment Group. "Subscription Video-on-demand (Svod) Revenue in The United States from 2011 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 7 Feb 2024, https://www.statista.com/statistics/483100/svod-revenue-usa/
Digital Entertainment Group, Subscription video-on-demand (SVOD) revenue in the United States from 2011 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/483100/svod-revenue-usa/ (last visited December 22, 2024)
Subscription video-on-demand (SVOD) revenue in the United States from 2011 to 2023 (in billion U.S. dollars) [Graph], Digital Entertainment Group, February 7, 2024. [Online]. Available: https://www.statista.com/statistics/483100/svod-revenue-usa/