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 October 30, 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 October 30, 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: October 30, 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 October 30, 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/