Simon Murray, Principal Analyst at Digital TV Research, said: "The UK will remain market leader, but Germany will close the gap. The UK accounted for a third of SVOD subscribers in 2015, but this proportion will fall to a quarter by 2021." He continued: "SVOD growth will be more modest in France, Italy and Spain. In fact, the Netherlands and Sweden will have more SVOD subs than Spain in 2021, despite having much smaller populations."
About 31.5% of the region's TV households will subscribe to a SVOD platform by 2021; up from 14.1% recorded by end-2015. Penetration will remain notably higher in the Nordic countries and the UK. However, four of the five largest countries (France, Germany, Italy and Spain) will be below the Western European average. In fact, Spain will only record 14.0% penetration by 2021.
Western European SVOD revenues will total $5.87 billion by 2021 – up from $2.15 billion in 2015. The UK (up by $800 million between 2015 and 2021 to $1,534 million) will remain the SVOD revenue leader – generating more than Germany and France combined in 2021. This comes despite German and French revenues more than tripling over the same period.
* Amazon does not directly charge Prime subscribers to receive video content. However, Digital TV Research believes that Amazon is too big to ignore in the SVOD environment. Therefore, Digital TV Research has assumed that 60% of Prime subscribers watch video, so half the Prime subscription fee for these subs has been allocated to video.
Published in December 2016, this 146-page PDF and excel report contains comprehensive coverage of the SVOD sector (TV episodes and movies) for 17 countries.
The report comprises:
- Executive Summary.- Major SVOD players, including subscriber estimates by country (2010 to 2021) for the major platforms.- Country-by-country forecasts from 2010 to 2021- Country profiles
Download the full report: https://www.reportbuyer.com/product/4465284/
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/western-europe-svod-forecasts-300380717.html