The leading streaming service is currently Netflix, with an estimated 282.7 million subscribers worldwide (wow!) as of October 2024. Amazon Prime Video is also a strong competitor, with an estimated 230 million subscribers. It’s worth noting that these figures may include users who subscribe for Prime benefits other than video streaming.
Here are some key factors to consider:
- Subscribers: Netflix is currently in the lead, but Prime Video is not far behind.
- Market Share: Prime Video may have a higher market share in the US because it is bundled with other Prime benefits.
- Ad-Supported Tiers: Both Netflix and Disney+ are introducing ad-supported tiers, which could impact subscriber growth and profitability in the future.
The streaming service landscape is constantly evolving, and it will be interesting to see how these factors affect the industry in the coming years.
Sources
- Forbes – This Streaming Service Has Scored Twice As Many …
- Statista – Netflix: number of subscribers worldwide 2024
- PCMag – Netflix vs. Amazon Prime Video: Which Streaming Giant Is …
- Forbes – Top Streaming Statistics In 2024
- Axios – Netflix beats subscriber estimates as ad tier grows
- Quora – How is Amazon Prime Video better than Netflix?
