Disney Plus and Netflix are set to reach unprecedented subscriber numbers by 2021 according to new figures from Digital TV Research.
According to the analysts, global SVoD subscriptions will increase by 519 million between 2019 and 2025 to 1,161 million – or up by 81 per cent. The total will climb by 170 million in 2020 alone.
Five global platforms will have 640 million paying SVoD subscribers by 2025. According to the figures, Disney Plus will add 176 million subscribers between 2019 and 2025 to take its total to 202 million. Netflix will add 91 million subscribers; reaching 258 million subs worldwide.
Simon Murray, principal analyst at Digital TV Research, said: “We have completely revised our forecasts for 138 countries in the wake of the Covid-19 pandemic. A major impact of lockdown has been a steep rise in SVoD subscriptions.”