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Streaming Video Service Growth
October 26, 2016
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According to a recent study released by eMarketer this week, Amazon Prime is the fastest growing among streaming video services. The user base for Prime is expected to grow 16.5% this year, which should land the popular service somewhere around 76.2 million viewers total. According to the report, this growth is likely due in large part to the fact that "Amazon's streaming video service is no longer tied only to annual Prime subscriptions; viewers can now purchase a standalone video subscription on a month-to-month basis, which has helped increase user growth." In contrast, Netflix (who still leads in overall subscriptions) has lower growth predictions than last year. Read more on the growth of streaming video services here.
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