Data from FNB shows that consumer spend on audio and video streaming services such as Netflix, Amazon Prime, Spotify and YouTube has increased by roughly 70% from the period before Covid-19 to June 2022.
Data from FNB shows that consumer spend on audio and video streaming services such as Netflix, Amazon Prime, Spotify and YouTube has increased by approximately 70% from the period before Covid-19 to June 2022.
“The flexibility of these platforms allows families to customise their own experience and playlists, with the convenience of consuming content whenever they want. The use of content-on-demand platforms is likely to continue as more providers introduce services to give consumers more choice.”
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