Industry Analysis & Industry Trends
The industry is swiftly declining as technology replaces in-store rentals with online downloads and purchases. Competition from substitutes, such as cable TV and internet rentals, will continue to adversely affect industry operators, as they struggle to remain relevant in a changing market. However, as some companies diversify and begin to offer different services, industry operators may have an opportunity to grow... 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... purchase to read more