May 11, 2020
With entertainment distribution turned on its head by the coronavirus pandemic, new projections on global subscription video-on-demand predict the market will increase 81% (519 million subs) through 2025 to 1.16 billion subscribers. The SVOD market will add 170 million subs in 2020, according to Digital TV Research.
Disney+ is expected to add 176 million subs to reach 202 million. Netflix will add 91 million subs to 267 million. DTVR says five other global SVOD platforms will have 640 million combined SVOD subs by 2025 — spearheaded by China’s domestic players, which will account for 23% of the global total.
“We have completely revised our forecasts for 138 countries in the wake of the COVID-19 pandemic,” analyst Simon Murray said in a statement. “A major impact of lockdown has been a steep rise in SVOD subscriptions.”