The growth of streaming over the past 5 years

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In the last five years, streaming platforms have seen a meteoric rise in popularity. With more and more people turning to streaming services for their entertainment needs, video-on-demand (VOD) platforms have become increasingly widespread as they offer an array of content including films, TV shows, music videos, sports programs and more.

This surge in popularity can be attributed to several factors. Firstly, the rise of digital devices such as smartphones, tablets and computers has made accessing VOD services easier than ever before. Additionally, a number of popular streaming platforms like Netflix or Amazon Prime Video have made the transition from physical media to online consumption easy by providing users with an extensive library of content that can be streamed on demand at any time.

Another factor contributing to the growth of streaming services is the introduction of subscription models such as SVOD (Subscription Video on Demand). This type of service offers viewers access to an extensive library of content for a set monthly fee. Many streaming platforms now offer exclusive content which is only available through their subscription plans in addition to their free or ad-supported content.

Since 2015, we’ve seen VOD providers continue their expansion across various countries around the world while also increasing their offering in terms of content quality and quantity. This has led to more people than ever before relying on these platforms for their entertainment needs. As this trend continues over the coming years, it will be exciting to see what new innovations arise and how they will shape the way we consume our favourite films, TV shows and more down the line.