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

Banking as a Service Gains New Momentum

The BaaS model has been adopted across a wide range of industries due to its ability to streamline financial processes for non-banks and foster innovation. BaaS has several industry-specific use cases, where it creates new revenue streams. Banking as a Service (BaaS) is rapidly emerging as a growth market, allowing non-bank businesses to integrate banking services into their core products and online platforms. As defined by Juniper Research, BaaS is "the delivery and integration of digital banking services by licensed banks, directly into the products of non-banking businesses, commonly through the use of APIs." BaaS Market Development The core idea is that licensed banks can rent out their regulated financial infrastructure through Application Programming Interfaces (APIs) to third-party Fintechs and other interested companies. This enables those organizations to offer banking capabilities like payment processing, account management, and debit or credit card issuance without
Read more