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Streaming Video Market Peaking?
May 25, 2016
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CNET recently published an interesting article which explores the incredible rise of streaming services, and whether or not the market's peak is approaching. Netflix, which has about twice as many subscribers as any other US streaming video service, leads the market with 53% of subscriptions - with Amazon (25%) and Hulu (13%) coming in 2nd and 3rd, respectively. According to market analysis, "The US video streaming market is worth $6.62 billion, with 85 percent of broadband households boasting at least one subscription - and while its 22 percent year-over-year growth seems impressive, it's important to note it's the first time the rate of growth has slowed, suggesting we're close to saturation." Read the full story here.
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