Video-on-Demand Revenue Growth in 2020

Video-on-demand services are popular at the best of times, but with the coronavirus pandemic and the lockdowns introduced in reaction to it, also came a significant boost in consumer spending on services such as Netflix and Disney+. As data from the Statista Advertising & Media Outlook projects, 2020 will see a 15 percent increase in global spending on SVoD, EST and TVoD services, amounting to a total $61 billion.