Updated · Jun 07, 2023
Alex is a fan of heavy music and light technologies. He occasionally puts the cold one aside to cont... | See full bio
Updated · Feb 06, 2023
Netflix statistics are essential if you want to better understand its success, goals, and impact.
The streaming service and production company has expanded incredibly in the last decade, always finding new ways to grow. It’s no surprise it has become a daily routine for hundreds of millions of internet users.
That's why we at TechJury decided to gather the most riveting facts and give you a taste of what Netflix is all about.
Listed below are some of the most impressive Netflix stats and facts:
These were just an appetizer, here comes the main dish.
Do you know that more people have been using video streaming services lately?
Enhanced by the lockdown and the “stay at home” rules, billions of people have resorted to online streaming services. Recent stats have proven Netflix to be the people’s choice.
Dive into our collection of essential Netflix facts to learn how much impact this has had on the company, the industry, and the audience.
The number of Netflix subscribers was 223.09 million in Q3 of 2022, up from 213.56 million in Q3 of 2021. In the third quarter of 2020, there is a decline in the subscriber count of 195.15 million.
|Year||Number of Subscribers, in millions|
North America is the company’s top-performing market. However, the beginning of 2022 wasn’t that good for Netflix—they reported losing about 200,000 users worldwide. What’s worse, they expect to lose much more in the coming months.
What makes Netflix users cancel their subscriptions? For one, the rising monthly fee. Additionally, their collection has suffered quite a lot recently—popular shows and franchises are either removed or cancelled; some are getting stolen by other platforms.
Despite all, Netflix is still standing strong—its current subscribers count in Europe, the Middle East and Africa are 73.53 million paying users.
|Country||Number of Subscribers, in millions|
|Europe, the Middle East and Africa||73.53|
|US and Canada||73.39|
(Source: News 10)
Netflix is king.
But what about the competition?
Amazon Prime Video comes in second at 14%, while Hulu and Disney+ accounted for 13.6% and 13% respectively.
(Source: Compari Tech)
Due to account and password sharing, a large number of people have somewhat free access to Neflix. About 14% watch using the password sent to them by friends or family. Also, 27% of users watch using the paid subscription of someone in their household.
A large number of TV shows and movies are being streamed daily on Netflix.
Want to know if your favourite show has a high number of views?
Or which Netflix movies are the most popular in 2022?
Read on to find out!
Total usage of TV was down, but streaming accounted for nearly 30% of total time with TV from which Netflix has streamed on an average of 22.4% in 2022 up from Youtube accounted for 20.4% and followed by Hulu at 11.2%.
|Application||Percentage of Minutes Spent|
The Squid Game hype broke the internet. The Korean drama unquestionably tops the list with over a billion hours viewed in the first 28 days on the platform! To be more precise, the exact number is 1,650,450,000!
This easily beat Bridgerton and became the biggest launch in Netflix’s history.
Keep reading to learn even more amazing facts about Netflix’s programs, movies, and TV shows in 2022!
The medical show has been on air since 2005 for a total of 18 seasons (for now). As of July 2022, the American drama has 400 episodes. The series follows the lives of Grey Sloan Memorial Hospital surgeons as they balance personal and professional relationships as well as peculiar medical cases.
If you’re asking, “What’s the longest-running Netflix original series?”, the answer would be “Grace and Frankie.” It ran from 2015 to 2022 and had a total of 94 episodes.
Netflix came in with a whopping 36 nominations, winning seven of them—far more than any other studio/streaming platform.
Which were the winners? David Fincher’s “Mank” took home two Oscars (for cinematography and production design); “Ma Rainey’s Black Bottom” did the same (for makeup and hairstyling and costume design). The list is completed by: “My Octopus Teacher” (documentary feature), “Two Distant Strangers” (live-action short), and “If Anything Happens I Love You” (animated short film).
Netflix is huge on streaming, duh. Keep reading our stats to understand precisely how massive the company is! What’s more, it’s not looking like it’ll be slowing down anytime soon.
(Source: Electrical Direct and Statista)
With 62% of US households using Netflix, it’s inarguably the most popular video streaming service. Across the globe, Netflix dominates 94 countries, while Amazon Prime Video is left to lead the race in only 11.
A Sandvine report from 2018 points Netflix as the top video streaming site in the world. After all, users can access Netflix programs in 190 countries. This percentage is even higher in the States alone at 19.1%.
Depending on the US network operator, Netflix’ total downstream traffic can reach 40% in peak hours.
So that’s over 30 million daily users just in the US alone…
If that doesn’t impress you, just read the next one:
Let’s turn our focus to some US-related Netflix facts. According to a CNBC survey, 57% of all US citizens are using some streaming service. Over half (51%) of those stream Netflix, with 81% doing so on a TV. Additionally, 36% of respondents own both a cable and a streaming subscription.
36% of all surveyed own both a cable and a streaming subscription.
As of April 2022, the streaming giant can pride itself on offering over 17,000 titles across its international libraries. What’s more, Netflix has produced over 1,500 original content pieces since it first launched its studio in 2013.
Amazon Prime Video boasts an extensive collection of almost 9,000 titles available in Old Blighty. Netflix, on the other hand, has only 6,700 titles on offer, thus taking second place.
However, despite Amazon’s massive media library, Netflix is still the better-performing video-on-demand service in the UK. As of end-2021, the latter has gathered almost 17 million subscribers, while Amazon’s platform had 12.6 million.
It’s exciting to watch this battle unfolding, isn’t it?
Netflix boasts the largest market share in 2022…without a doubt!
A recent Statista survey revealed that 62% of the VoD userbase in the States have an active Netflix subscription.
The number has dropped from 2018’s 77%, but the streaming titan continues to dominate the market. Amazon Prime Video takes the second position with 54%.
Netflix’s Originals keep getting larger pieces of the budget pie. Let’s compare some numbers:
The 2020 company budget was allocated between acquisitions (62.2%) and original content (37.8%). Now let’s turn to some predictions.
The 2025 forecast is pretty different: acquisitions are expected to constitute 53.5%, while Originals are set to rise by 8.7%, reaching 46.5%.
If that collection seems small to you, just put things in perspective—in 2007, that was quite a lot. What’s more, Netflix initiated the breakthrough move. The company did it partly because of the massive competition between DVD rental services at the time.
Just look at where that got them 15 years later…
Original content is vital for the success of any streaming service. Over half of all American customers state the platform’s original content as a primary reason for a subscription.
In the case of Netflix, having no ads helps as well.
Netflix really revolutionized the way we consume content. Its numerous accolades are just another proof of that.
Do you know that the number of Netflix award nominations has significantly increased since 2014? Then, the company could pat itself on the back with just one Academy Award and 31 Primetime Emmy Awards nominations.
Fast-forward to 2022—Netflix leads the ranking of Oscar nominations by a studio! Precisely 27 Academy Award and 105 Emmy noms.
So what do you think—how will Netflix’s 2022 releases perform in next year’s awards season?
It’s time we learned how all this streaming and awards translate into viewing stats. From DVDs to binge-watching, Netflix boasts a vast menu of notable accomplishments.
Slovakia leads the scoreboard with an impressive collection of 7,436 titles. The rest of the top 10 Netflix libraries by country looks like this:
Curiously, the list is spearheaded by European countries with the exception of the Philipines and Singapore.
Time for some surprising Netflix binge-watching stats:
Over half (51%) of the business.com survey respondents revealed they watch TV shows during work hours.
Remote workers spend an average of five hours binging content—double the amount on-site employees admit to. It may sound like a lot, but over two-thirds say they just keep the TV turned on in the background while working.
What are they watching? Nearly half of those surveyed said they prefer streaming services, 40% favor YouTube content, and just 8% watch cable TV shows.
How does this affect productivity? 60% of workers claim this helps them with their focus. Actually, this can be backed up by science.
According to a study from The Journal of Applied Psychology, the so-called “microbreaks” are essential for managing employees’ energy and focus and, thus, better engagement in their work during the day. What’s more, those free to take more microbreaks feel more supported and cared for, enhancing their work enthusiasm and devotion.
However, if you don’t want your employees binging Netflix while at work, you can always use an employee monitoring solution.
Netflix revealed the info in mid-July 2022, based on how many hours the shows are binged in the first 28 days after platform release. Want to know which are the top Netflix shows in 2022?
The complete list looks like this:
2007 was a monumental year for Netflix, it turns out. That same year, the platform delivered its billionth DVD—a copy of Babel sent to a Texan customer. Since then, however, the company has focused more on streaming movies and shows. Though, they still generate revenue from DVDs.
The pandemic really upped the streaming game. The numbers just keep rising and rising with every passing month. We can’t wait for the end-2022 figures.
Listen to this:
Netflix users are watching six billion collective hours of content every month. Each hour requires about 3 GB of data to the stream. Looking at a monthly consumption, that goes up to around 18 exabytes.
As of July 2022, Snowflake Mountain is voted the top reality show! The show follows a bunch of “clueless kidults” placed in a wilderness survival retreat in an attempt to help them grow into responsible adults. They have no access to their phone, running water, other grownups, or Wi-Fi.
The top three features Pirate Gold of Adak Island and Love Island—all Netflix productions. The data comes from the largest and most popular movie online database IMDB.
That amounts to 49 full days! The majority of that time is spent watching TV shows.
Care to guess who the biggest binge-watchers are? Apparently, that’s Peruvians, averaging 80 days worth of content!
(Source: Infinity Dish)
Netflix launched a personalized recommendation engine in 2000. The AI-driven feature analyzes users' behavior and calculates the so-called “Netflix match percentage,” which helps people discover new content based on their preferences. Over two decades later, it’s responsible for 80% of the subscriber’s choices.
Fascinating, isn’t it? What’s more, 90% of millennials and 87% of Gen Z state they prefer binge-watching, with slightly under half of all respondents in those groups admitting they binge an average of six episodes in one sitting.
Interestingly, the average binge session for Americans lasts precisely three hours and eight minutes.
Stranger Things’ latest season broke all records (and hearts). Fans have waited three years for the fourth season, which was an absolute masterpiece to their relief and joy.
Let’s see some stats and facts about its enormous success:
Stranger Things 4 is the most-watched English series on Netflix, breaking the record set by Bridgerton in less than three weeks. Moreover, this became the third show to garner over five billion minutes of viewing in a week (after Tiger King and Ozark). The fourth season tops the all-time list with a whopping 1.311 billion hours watched in its first 28 days on the platform.
Bridgerton season 2 and season 1 are second and third, with 656.2 million and 625.5 million hours, respectively. Stranger Things 3 (582.1 million hours) and Lucifer (569.5 million hours) complete the top five English shows on Netflix in 2022.
We've covered the screen numbers, now come to the coins. All of Netflix's efforts are surely paying off despite some of the contradictory stats.
Netflix's earnings for 2021 Q4 were excellent as the company made $7.7 billion. Netflix’s 2021 Q3 revenue amounted to more than $7.5 billion, continuing its impressive yearly growth.
|Years||Revenue in Million US Dollars|
According to Q2 2022 data, North America is the most profitable region for the streaming company. Netflix revealed that its average monthly revenue per subscriber in the US and Canada is $14.91. In comparison, a paying customer in Latin America brings an average of $8.37.
Europe, the Middle East, and Africa are placed second with an average of $11.56, while the Asian-Pacific region is left third, with $9.21 per user.
|Country||Revenue in million U.S Dollars|
|U.S. and Canada||3537.86|
|Europe, Middle East, and Africa||2457.24|
In 2020, Netflix spent over 11.8 billion dollars on content globally. In comparison to the prior year, when the Subscription Video-on-Demand service spent about 14 billion dollars on its programming, this represents a decrease. According to projections, Netflix spent more than 17 billion dollars in 2021.
As of 2022, there is a decline of -50.94% which accounted for the market cap value of $131.22 billion and an 11.96% change which is $267.46 billion in 2021.
|Year||Market cap in billion||Change|
(Source: Light House Labs)
Netflix uses NRE (Netflix Recommendation Engine) algorithms to filter content for individual subscribers. Based on your preference, the engine filters over 3,000 titles. The algorithm is super accurate and saves Netflix over $1 billion yearly.
The 2022 Netflix monthly cost is actually over 40% less than what it was 10 years ago—back then, the price was almost $20 per subscriber.
Additionally, the company used to spend close to $48 to acquire new customers. Doing so now costs them $15.25 on average.
When did Netflix go public?
The company introduced its initial public offering in 2002 by placing 5.5 million shares for sale. Netflix was evaluated at $82.5 million back then.
Today, the company’s stock is valued at $220. At the end of 2021, before losing all these subscribers at the beginning of 2022, the company’s stock was placed at $610.
Movie hunting, victory podiums, expansion, record breakers, and a bit more. Here are the facts that formed the last, somewhat crazy section of this piece.
(Source: Whats On Netflix)
It’s hard to place every category on the main page, so Netflix has treated its users with a special kind of Easter hunt. You can access thousands of additional categories (some incredibly obscure, e.g., slapstick comedies, B-Horror Netflix movies, etc.) just by putting down a specific genre code.
Once acquired, simply log in and use it to browse.
Netflix snatched 20 nominations for its TV program and 22 for its films. Some of the contenders were:
Keep in mind this is “on average”. I was quite surprised by these Netflix binge-watching stats, but there are binge racers who will try to finish a series in the first 24 hours after it’s released. There are 8.4 million of those enthusiasts across the globe.
Not only did it arrive later, but Canadian Netflix initially had a tiny library. However, all that’s in the past—currently, the platform’s library in Canada is among the most extensive ones. It goes into the top 15 with 6,300 titles.
(Source: New Idea)
Continuing with our weird Netflix stats:
The company itself shared the news. In the last week of November 2017, they stated that one of their users had watched “Madagascar 3: Europe’s Most Wanted” a total of 352 times since the beginning of the year. However, they didn’t disclose the user’s identity and profile.
(Source: News Week)
The offer on the table was for just $50 million. Blockbuster missed out on it because they viewed Netflix’s business niche as too tiny. Talk about financial blunders…
What started as a DVD service revolutionized a number of industries. Now, the streaming giant is among the kings of the world… just consider the total number of Netflix users. The company has expanded tremendously worldwide, currently available in nearly 200 countries. A few excluded from the list are Russia, China, and North Korea.
Recently, Comparitech conducted a massive study analyzing the correlation between library size and monthly prices of the platform. So what conclusions can be drawn?
Pakistan, Turkey, and India are the most cost-effective countries to have a Netflix subscription. All three boast incredibly low prices—$2.44, $2.58, and $2.62, respectively.
However, Pakistan and India offer the best value for money, with their library sizes of 5,823 and 5,917 titles, respectively. In comparison, Turkey has 4,676 titles, while the average amount is 5,390. So you get a lot more by paying a lot less…
It’s important to note that certain European countries can also boast a massive value for money. We’re talking about Bulgaria, Slovakia, Lithuania, Estonia, and Latvia, where you have access to the most titles (over 7,000 each) at an average cost of $10.
The war between streaming companies is fierce… and classic TV shows are used as crucial weaponry.
After losing Friends and The Office to rival platforms, Netflix had to act. What did they do? In end-2021, the company acquired the most profitable sitcom of all time—Seinfeld—for over $500 million!
Seinfeld was, and still is, a huge hit. The show raked $267 million just in 1998, followed by billions after its end (just by 2010, it had made over $2.7 billion in reruns).
Fun fact: Netflix’s deal for Seinfeld helped solidify the relationship with its leading man. The platform already had the rights to Jerry’s talk show Comedians in Cars Getting Coffee and had financed two stand-up specials. So you won’t be surprised when we tell you that Jerry Seinfeld is currently the wealthiest comedian in the world, with a whopping $950 million fortune.
Netflix has been heavily investing in animation for the past couple of years. The acquisition aims to further accelerate its efforts to build an end-to-end animation studio. According to the latest Netflix statistics, the deal terms were not disclosed, but the company claimed it would continue to work with other studios as well.
The move supports Netflix’s ambitious animated film slate, which includes Academy Award nominees Over the Moon and Klaus, as well as popular titles such as The Sea Beast (surpassing over 68 million hours of viewing in its first week on the platform).
You may know Animal Logic from Happy Feet and The LEGO Movies or for their visual effects work for The Matrix, 300, or The Great Gatsby.
(Source: Global Web Index)
Want to know how many Netflix subscribers use VPNs?
Almost 6 out of 10 users worldwide access Netflix with a VPN.
Even though it was only used as a placeholder, the name had real significance to the team. Here’s what Netflix CEO, Marc Randolph, has previously said on the subject: “I choose Kibble to remind us of the old advertising adage that “It doesn’t matter how good your dog food advertising campaign is if the dogs won’t eat the dog food.”
He has added that since it’s especially hard coming up with a name for your brand, it’s important to choose a terrible temporary name so that you’re forced to change it before launching. They settled on Netflix, and the rest is history.
Fun fact: Randolph still owns kibble.com, which redirects to his personal website.
As of November 2022, Netflix had an almost equal ratio of male and female employees. The representation of females was 47.9%, while males were 43.8%. Other gender identities were recorded at 1.3%.
Nearly 190 nations are among Netflix's primary target markets.
The network's usage was dominated by Americans between the ages of 18 and 34. Statistics reveal that Millennials and Generation X make up the majority of Netflix viewers nowadays who tend to be younger adults, belonging to Gen Z or Millenials, and having an annual income between $25k and $50k. Similarly, since 2015, there has been a rise in the age groups of 34 to 65+.
|Age Group in Years||Average Percentage|
Netflix users range into equally distributed gender demographic, with a ratio of 52% to 48%. Among competitors, only Hulu (52:48) has a gender split that is as even. The male-to-female ratio on CBS All Access, on the other hand, is 62% to 35%, making it one of the most biased platforms.
Netflix is king! You knew that already. The company has revolutionized our lives, employs thousands of people all over the world, and has a wealth of in-house production—it’s definitely in it to win it. It’s not a surprise then to hear that it currently boasts over 220 million subscribers, despite its tumultuous start of the year.
What you didn’t know were the exact details of just how massive and successful Netflix is. Well, now you do. It’s a money machine that runs on your watching habits. What you do with this information is up to you.
The current (July 2022) top ten English TV shows on Netflix are:
The top ten series on Netflix of all time are:
The United States still remains Netflix’s leading market. The North American region (including Canada) boasts over 75 million subscribers.
On October 31, 2021, Netflix's market cap was $305.77 billion. In comparison, its current (July 2022) worth is $97.93 billion. Does that answer your question?
Stranger Things 4 is the current #1 show on Netflix. If you’re asking about the all-time #1, that would be Squid Game: Season 1.
According to the latest Netflix statistics, that would be Pakistan. There, you can enjoy Netflix’s offerings for just $2.44 per month. Turkey ($2.58) and India ($2.62) comprise the top three most cost-effective countries to have a subscription in.
Alex is a fan of heavy music and light technologies. He occasionally puts the cold one aside to contribute to our efforts to unpack the latest in the digital world.
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Updated · Jun 07, 2023
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