Asia-Pacific Will Control More Than Half of Subscription Streaming Subscribers By 2031, Research Company Says

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MiDiA also predicts that global SVOD revenues will expand by an average of 13.3% annually over the next eight years

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(Image credit: FreePik)

After the "big bang" pandemic years, during which direct-to-consumer streaming subscriber growth escalated dramatically, the SVOD business will continue to cool its customer expansion steadily through 2031, MiDiA Research reports.

(Image credit: MiDiA Research)

In its "2024-2031 global subscription video forecasts," the UK research company predicted that global SVOD revenues will steadily climb to $226.241 billion over the next eight years.

Global subscription streaming revenue. (Image credit: MiDiA Research)

Driving revenue and subscriber growth will be the Asia-Pacific region, which will account for 53% of user accounts by 2031.

(Image credit: MiDiA Research)
Daniel Frankel
Daniel Frankel

Daniel Frankel is the managing editor of Next TV, an internet publishing vertical focused on the business of video streaming. A Los Angeles-based writer and editor who has covered the media and technology industries for more than two decades, Daniel has worked on staff for publications including E! Online, Electronic Media, Mediaweek, Variety, paidContent and GigaOm. You can start living a healthier life with greater wealth and prosperity by following Daniel on Twitter today!