According to the most recently available data, 77 percent of surveyed video on demand users in the United States subscribed to Netflix. The streaming service giant’s success in the United States is hardly a secret – Netflix is the leading video subscription service in the U.S., with its subscriber numbers eclipsing all other streaming companies including Hulu and Amazon.
Video on Demand
Video on demand (often abbreviated simply to VoD) lets users watch the content they want, whenever they want, and thus has a major advantage over traditional over the air programming. With consumers leading increasingly hectic lifestyles and growing more reliant on digital media and devices which allow them to watch, read and listen to content on the go, VoD offers an effective solution.
The ability to catch up on TV shows after they have aired provides viewers with a way to enjoy their favorite content without scheduling their lives around it. Shows can now be enjoyed on a morning or evening commute, during work breaks and via Wi-Fi in public places across the globe, regardless of whether they aired the previous day or the previous year. Some U.S. adults even admitted to subscribing to a streaming service exclusively to watch a specific show – 61 percent of 18 to 29-year-olds said that they had done this as of early 2019, as well as 27 percent of adults aged 65 or older.
Video on demand platforms also accommodate the vast array of different user preferences, and for U.S. adults there are many reasons to sign up to subscription a VoD service. Original content was cited as a main reason for signing up to such a service, however others enjoyed the back-catalogue of movies available whilst some simply liked being able to access content from countries outside the United States.
The days where viewers would sit down at the same time every evening after work to watch their most loved shows are gradually disappearing, and with Netflix churning out more original content every month, in years to come those times may have gone completely.
Share of Netflix subscribers among VoD users in the United States in 2018, by age group
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Forbes. (July 12, 2018). Share of Netflix subscribers among VoD users in the United States in 2018, by age group [Graph]. In Statista. Retrieved July 02, 2020, from https://www.statista.com/statistics/421839/netflix-internet-user-age-usa/
Forbes. "Share of Netflix subscribers among VoD users in the United States in 2018, by age group." Chart. July 12, 2018. Statista. Accessed July 02, 2020. https://www.statista.com/statistics/421839/netflix-internet-user-age-usa/
Forbes. (2018). Share of Netflix subscribers among VoD users in the United States in 2018, by age group. Statista. Statista Inc.. Accessed: July 02, 2020. https://www.statista.com/statistics/421839/netflix-internet-user-age-usa/
Forbes. "Share of Netflix Subscribers among Vod Users in The United States in 2018, by Age Group." Statista, Statista Inc., 12 Jul 2018, https://www.statista.com/statistics/421839/netflix-internet-user-age-usa/
Forbes, Share of Netflix subscribers among VoD users in the United States in 2018, by age group Statista, https://www.statista.com/statistics/421839/netflix-internet-user-age-usa/ (last visited July 02, 2020)