Netflix is a dominant online video watching service on this planet. It has more than 209 million active users in 2021, according to Wikipedia. The SVoD distributes different libraries in each country that contains a precious entertainment treasure for binge-watching movies/TV shows.
Numerous statistics testify to the fact that it is a perfect choice for streamers around the world. Netflix has simply taken over the streaming industry. By 2020, Netflix has declared 37 million new subscribers, more than 80% from their US-based subscribers.
On the other side, Hulu is also gaining rapid popularity globally and accomplished over 36.6 million subscribers in 2020. Here is a breakdown of some interesting Netflix statistics and facts that highlight the dominance of the broadcasting service.
- Netflix has more than 9,000 employees worldwide.
- More than 40% viewers use Netflix service without paying a single penny.
- About 50% Americans prefer to use the Netflix site among other streaming options.
- Loyal Netflix members fall in the age group of 30 – 50.
- More than 15 million people subscribe to Netflix in the UK in 2020.
- Total titles on Netflix Canada from 2020 – August 2021 are 6,500.
- More than 56% of members use VPN connections to unblock international libraries like these best shows on Netflix Canada.
Important Netflix Stats that Everyone Should Know in 2021
Let’s indulge into other exciting facts, figures, and stats about the streaming king to gain more knowledge about it.
1. Netflix Facts about its Starting Journey
The company launched its video viewing service in 1997 as a public entity “NASDAQ:NFLX”. The headquarter was located in Los Gatos, California. The company was holding three stakeholders “Reed Hashtings (Co-CEO Founder), Ted Sarandos (Co-CEO Chief Content Officer), and Greg Peters (COO, CPO).”
2. Dominance in the Streaming Industry
Netflix started its operation from a DVD rental service which only received $2 million in funding during its series from “Reed Hastings.” Then, just three years later, it received $50 million from all three sponsors as E funding project.
You will be jumping up to know that the streaming giant has earned more than $7.3 billion U.S. dollars in the 2nd quarter of 2021, rose from 6.5 billion dollars in 2020. Now, it is a streaming heart for all the binge-watchers.
3. Interesting Stats about Netflix Viewership
Netflix enjoys global viewership. It means people all over the world are loving Netflix streaming. To validate this point, here are the regional stats in Q4 2020: 25 million Asia Pacific, 38 million Latin America, 67 million EMEA, and 74 million US & Canada.
4. Facts among other popular Streaming Sites
Netflix is the most viewing online video site among others in the streaming industry. According to an authentic report, the watching share of Netflix is 34%, whereas YouTube has 20%, Hulu attracted 11%, Amazon Prime watched by 8%, Disney plus 4%, and others hold a share of 23%.
5. Key Stats about Netflix Revenue 2020
Netflix is on continuous growth and gaining healthy amount of revenue from different regions. Though it has paid services, still a large amount of population prefers to stream Netflix. Here are the factual revenue numbers in millions for previous year.
Quarter | US & Canada | Latin America | Asia Pacific | EMEA |
1st Quarter | $13.09 Millions | $8.05 Millions | $8.94 Millions | $10.4 Millions |
2nd Quarter | $13.25 Millions | $7.44 Millions | $8.96 Millions | $10.5 Millions |
3rd Quarter | $13.4 Millions | $7.27 Millions | $9.2 Millions | $10.88 Millions |
4th Quarter | $13.51 Millions | $7.12 Millions | $9.32 Millions | $11.05 Millions |
Wrapping Up
After going through the above statistics, you may wonder if Netflix will ever die-down, as new services make their entrance into the marketplace? The question is valid, but so far, the SVoD is dominating the streaming industry, and doesn’t plan on backing off any time soon!
Source: Plato Data Intillegance