Industry Analysis & Industry Trends
Over the five years to 2016, revenue for the DVD, Game and Video Rental industry has severely contracted amid increasing external competition and a wider shift toward substitute services such as on-demand television and subscription-based streaming services. Because of their relative affordability and increasing convenience, more consumers are using these services, decreasing demand for brick-and-mortar stores offering rental services for DVDs and video games. Over the next five years, industry revenue is expected to continue decreasing as consumers continue to opt for more long-term services such as subscription-based streaming services... purchase to read more
Industry Report - Industry Products Chapter
Nonsubscription rental services
Nonsubscription rental services account for the majority of industry revenue at 62.3% of industry revenue. Streaming services and kiosk rentals have considerably reduced this segment's share of industry revenue over the past five years. According to NPD Group, a market research company, stand-alone kiosk rentals began to exceed brick and mortar rentals over 2011. Moreover many streaming services offer the same films, cutting into industry revenue.
Subscription rental services
Subscription rental services are anticipated to account for 32.0% of industry revenue. Whi.. purchase to read more