According to recent data, there has been an increase of 25% in the number of subscribers who have selected streaming services from 2015 to 2021.
This data was provided by the IFPI survey. This is very good data about the number of people who have opted for streaming services. As there are already those using the service. According to data, around 85% of US households have atleast one subscription to a streaming service. Recently even the pandemic has had a very big role to play in this. These streaming services charge a fee for their services.
The IFPI is an international charitable organization. It represents the voice of the recording industry worldwide. It consists of 63 countries with IFPI-affiliated national groups where the IFPI's member companies operate in. A streaming service is an on-demand online entertainment source for movies, shows, and other streaming media. These services provide an alternative to cable and satellite on-demand services.
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