Analysis: UK SVoD market set to double

The UK’s solid growth in subscription video on demand (SVoD) adoption is set to continue over the next five years, according to the UK SVOD Forecast, May 2020 from data and analytics company GlobalData. The total number of SVoD subscriptions is expected to double between 2019 and the end of 2024, rising from 22.4 million to 44.6 million. Total market revenue, exclusive of VAT, is expected to also double from £1.5 billion in 2019 to £3 billion in 2024.

Source: Analysis: UK SVoD market set to double