Skip to main content

Online DVD Rental Market Forecast

The online DVD rental market in the U.S. and Europe will exceed $1 billion and 6.3 million subscribers in 2005, growing to almost $3 billion by 2009, according to a report from London-based market research firm Screen Digest.

More than 381 million rental DVDs will be delivered to U.S. customers in 2005 -- the lion's share to Netflix's 3.5 million subscribers -- while 45 million DVDs will be rented online in Europe.

In the U.K., where online rentals from firms like Video Island already represent 10 percent of all rentals, online rentals are projected to account for half the market in 2009. In greater Europe, online rentals made up one-fiftieth of consumer spending in 2004, but are expected to grow to account for one-third of the rental market by 2009.

Popular posts from this blog

The Subscription Economy Churn Challenge

The subscription business model has been one of the big success stories of the Internet era. From Netflix to Microsoft 365, more and more companies are moving towards recurring revenue streams by having customers pay for access rather than product ownership. The subscription economy cuts across many industries -- such as streaming services, software, media, consumer products, and even transportation with the rise of mobility-as-a-service. A new market study by Juniper Research highlights the central challenge facing subscription businesses -- reducing customer churn to build a loyal subscriber installed base. Subscription Model Market Development The Juniper market study provides an in-depth analysis of the subscription business model market landscape and associated customer retention strategies. A key finding is that impending government regulations will make it easier for customers to cancel subscriptions, likely leading to increased voluntary churn rates. The study report cites the