The State of the Streaming Market in Europe
Netflix (NASDAQ: NFLX) is the largest streaming service in the world. It has 167 million subscribers, and is still growing. But it's not growing at the same rate everywhere. In the United States, the market is much more saturated by Netflix in particular and by streaming services in general. For big-time growth, services like Netflix have to look elsewhere.
Markets in Asia are obvious areas for growth. South America, too, is getting attention from Netflix and its competitors. But the market most similar to that in North America is almost certainly Europe, where living standards are high, the internet is widely accessible, and the home entertainment market is established and large. With that in mind, let's look at the streaming market in Europe. How is Netflix faring against competitors like Disney's (NYSE: DIS) Disney+? How are Roku (NASDAQ: ROKU), Amazon.com's (NASDAQ: AMZN) Fire TV, and Google's (NASDAQ: GOOG) (NASDAQ: GOOGL) Android TV faring in the platform wars? Here's how things currently stand.
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Source Fool.com
