Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 0.8 % over the past five years, to reach an estimated $212.9bn in 2024.
Trends and Insights
Consumer preferences continue to evolve
- The trend of cord-cutting, where consumers cancel traditional cable or satellite TV subscriptions in favor of streaming services, has been accelerating. This shift pressured traditional cable networks to adapt their business models and offerings.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Consolidation set to ramp up
- The oversaturation of services is set to limit growth. Companies seek mergers and acquisitions to gain competitive advantages and expand their subscriber bases.
Biggest companies in the Media Streaming, Social Networks and Other Content Providers in the US
| Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Nbcuniversal Media, Llc | 136,307.3 | 24,995.1 | 18.3 | |
At&T Inc. | 122,270.7 | 22,002.9 | 18.0 | |
Viacomcbs Inc. | 97,791.5 | 3.6 | 0.0 |
To view the market share and analysis for all 24 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Media streaming , Licensing and Airtime (radio). Media streaming is the largest segment of the Media Streaming, Social Networks and Other Content Providers in the US.
Trends and Insights
Media streaming grows in popularity among younger crowds
- Media streaming is a broad segment consisting of paid subscriptions and ad revenue specifically related to media streaming services.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Companies in this industry provide media streaming distribution services, operate social network sites, operate media broadcasting and cable television networks, and supply information, such as news reports, articles, pictures, and features, to the news media. Most products and services in this industry are offered through subscription-based platforms.
What's included in this industry?
Media Streaming LicensingAirtime (Radio)Airtime (TV)ProductionVideo and audio programming package, on-demand, and streaming distribution servicesNews PublishingCompanies
Nbcuniversal Media, LlcAt&T Inc.Viacomcbs Inc.Purchase this report to view all 24 major companies in this industry.
Related Terms
DIGITALHIGH-DEFINITION TV (HDTV)SATELLITE RADIODIGITAL RADIONEWS SYNDICATIONIndustry Code
NAICS 516210 - Media Streaming, Social Networks and Other Content Providers in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
The shift to media streaming has energized the industry. Many traditional cable network providers have pivoted to developing their own streaming services to circumvent the lo...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Media streaming services offer substitutes for several traditional services in the industry. Most notable is video streaming, which offers cheaper rates and more freedom when...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
New York houses the largest companies involved in traditional TV and cable services, making it an ideal location for companies. Similarly, tech hubs like Silicon Valley and e...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Price competition is rampant among providers, stemming from the increasing number of services available. Pirating remains the most prominent threat to enterprises since it al...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Acquisitions during the last few decades made TV broadcasting and cable networks highly concentrated, leading to a few companies taking up most of the business in the US. Exa...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Nbcuniversal Media, Llc's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of At&T Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Viacomcbs Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 21 additional companies
Detailed analysis
- Description and key data for Nbcuniversal Media, Llc, and factors influencing its performance in the industry
- Description and key data for At&T Inc., and factors influencing its performance in the industry
- Description and key data for Viacomcbs Inc., and factors influencing its performance in the industry
- Description, key data and performance trends for 21 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
More mobile phones with internet connections have made it easier for consumers to access video streaming, leading to more subscriptions. Media streaming providers have recent...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
With the rise of numerous streaming platforms, each vying for exclusive content, bidding wars have driven up the prices of licensing rights for popular shows and movies. This...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Media Streaming, Social Networks and Other Content Providers in the US industry in United States in 2024?
The market size of the Media Streaming, Social Networks and Other Content Providers in the US industry in United States is $212.9bn in 2024.
How many businesses are there in the Media Streaming, Social Networks and Other Content Providers in the US industry in 2024?
There are 4,320 businesses in the Media Streaming, Social Networks and Other Content Providers in the US industry in United States, which has declined at a CAGR of 0.8 % between 2019 and 2024.
Has the Media Streaming, Social Networks and Other Content Providers in the US industry in United States grown or declined over the past 5 years?
The market size of the Media Streaming, Social Networks and Other Content Providers in the US industry in United States has been growing at a CAGR of 0.8 % between 2019 and 2024.
What is the forecast growth of the Media Streaming, Social Networks and Other Content Providers in the US industry in United States over the next 5 years?
Over the next five years, the Media Streaming, Social Networks and Other Content Providers in the US industry in United States is expected to grow.
What are the biggest companies in the Media Streaming, Social Networks and Other Content Providers in the US market in United States?
The biggest companies operating in the Media Streaming, Social Networks and Other Content Providers market in United States are Nbcuniversal Media, Llc, At&T Inc. and Viacomcbs Inc.
What does the Media Streaming, Social Networks and Other Content Providers in the US in United States include?
Media Streaming and Licensing are part of the Media Streaming, Social Networks and Other Content Providers in the US industry.
Which companies have the highest market share in the Media Streaming, Social Networks and Other Content Providers in the US in United States?
The company holding the most market share in United States is Nbcuniversal Media, Llc.
How competitive is the Media Streaming, Social Networks and Other Content Providers in the US industry in United States?
The level of competition is high and increasing in the Media Streaming, Social Networks and Other Content Providers in the US industry in United States.
Related Industries
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Competitors
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Complementors
International industries
View all industries in United States
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
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