According to the reports, streaming services of all kinds have been trending for the past few years. It quickly developed its presence in all fields of media marketing such as music, film and podcasting. With more than 70% of adults of the world population owning a Smartphone, the streaming trend has skyrocketed as most consumers use portable devices for entertainment purposes.

The method of entertainment has become incredibly successful in the past few years, and it is still multiplying. Not only the market has become widespread, but the firm has also become highly profitable. Subscription video-on-demand services projected more than 12 billion and the music streaming has brought up to 5.5 billion in 2017.

Streaming took over the music industry in the United States by storm. Streaming music has become so prominent that it produced more than 70% of revenue while digital downloads and physical CDs combined accounted for about 30% in the total share of the market in the music industry. Some of the most significant players in the music industry are Pandora and Spotify. Apple Podcast and Google Play Music are the biggest names in podcasting distribution.

It was reported that about half of the US households have access to popular video-on-demand services. About 50 percent of the total subscribers in the streaming market is on Netflix. On average, adults spend 30 minutes to 3 hours on streaming videos. Netflix total subscribers reached up to 140 million in 2018. It was estimated that the company revenue reached 11 billion in the previous year. The SoVD is still growing in popularity as the international markets see more users coming from all corners of the world. For more information please visit https://fmovies.network/

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