Subscription video on demand (SVOD) revenues will continue to see yearly growth in Europe until at least 2022, according to the latest forecast. By 2022, SVOD revenue in Europe could reach over 8 billion euros. As the SVOD business model increases its share of the VOD market, transactional video on demand (TVOD) is likely to suffer.
Subscriber numbers in Europe
There are many different SVOD services available throughout Europe, but none dominate the market like Netflix and, to a lesser extent, Amazon. Looking at the number of subscribers to SVOD services in Europe, it is clear who the market leader is.
Netflix movies by country
Not every country in Europe has the same range of movies available on Netflix. There is far more choice in the United Kingdom and Ireland than anywhere else. As of September 2019, there were 2425 movies available in the UK. In Hungary, there were just 570.
Subscription video on demand revenue forecast in Europe 2019-2022
(in million euros)
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ITMedia Consulting. (June 24, 2019). Subscription video on demand revenue forecast in Europe 2019-2022 (in million euros) [Graph]. In Statista. Retrieved July 05, 2022, from https://www.statista.com/statistics/1090598/svod-revenue-forecast-europe/
ITMedia Consulting. "Subscription video on demand revenue forecast in Europe 2019-2022 (in million euros)." Chart. June 24, 2019. Statista. Accessed July 05, 2022. https://www.statista.com/statistics/1090598/svod-revenue-forecast-europe/
ITMedia Consulting. (2019). Subscription video on demand revenue forecast in Europe 2019-2022 (in million euros). Statista. Statista Inc.. Accessed: July 05, 2022. https://www.statista.com/statistics/1090598/svod-revenue-forecast-europe/
ITMedia Consulting. "Subscription Video on Demand Revenue Forecast in Europe 2019-2022 (in Million Euros)." Statista, Statista Inc., 24 Jun 2019, https://www.statista.com/statistics/1090598/svod-revenue-forecast-europe/
ITMedia Consulting, Subscription video on demand revenue forecast in Europe 2019-2022 (in million euros) Statista, https://www.statista.com/statistics/1090598/svod-revenue-forecast-europe/ (last visited July 05, 2022)