Two out of five internet users in Germany (37%) stream films and series on paid video-on-demand portals such as Netflix, Amazon Prime Video, Sky Ticket or maxdome.
Quite a surprise when I walked into the large Dussmann – Das Kulturkaufhaus store in Friedrichstrasse, Berlin, and saw no less than three floors of good, old-fashioned discs – CDs, DVDs, some Blu-Rays, and even a whole section of vinyl.
The market for traditional consumer electronics is growing in Germany this year.
Three out of ten German internet users from 14 years of age (29%) watch movies and series on fee-based video-on-demand (VOD) portals such as Amazon Prime Video, Netflix, maxdome, Sky Ticket, Apple iTunes or Google Play.
The turnover generated by video-on-demand (VOD) services on the internet is expected to rise by 18% to €945 million in Germany in 2017.
More than three quarters (77%) of German internet users watch movies, TV programmes or other videos as internet streams.
Almost a quarter (23%) of internet users in Germany wanted to watch videos on the net which turned out to be inaccessible due to geoblocking.
The total turnover of video-on-demand (VOD) services is expected to rise to €717 million in Germany this year – an increase by 24% compared with 2015 (€579 million).
Video streaming has established itself in Germany with more than three quarters of all internet users (76%) consuming streaming video.
Thorsten Dirks has been appointed the new president of Bitkom, the German industry association for companies in the digital economy.