This article will fill you in with the details.
We will also dig into other interesting tidbits about Netflix, including where the streaming giant is available and the overall subscriber trends seen by the company in the past few years. Let’s dive in.
How Many Subscribers Does Netflix Have?
With each financial report, Netflix reveals its subscriber figures. In Q4, 2021, the company pegged its number of paid subscribers at 221.8 million. Remember, these are only paid subscribers and not the number of people with Netflix accounts.
Still, that’s massive considering the company has added slightly over 200 million subscribers in 10 years (Netflix had 21.6 million subscribers at the end of 2011).
According to Netflix’s Q4 2021 earnings report, the company added a net of 8.3 million paid subscribers globally. This represents an 8.9% year-over-year growth, although the figures nearly doubled from the 4.4 million additions in the third quarter of 2021.
During the period, paid net additions in the US and Canada totaled 1.2 million. However, the highest number of paid net additions came from the EMEA (Europe, Middle East, and Africa) region, with 3.5 million net additions. The Asia-Pacific region accounted for 2.6 million attributed to strong performance in Japan and India, while Latin America only contributed 1.0 million net additions.
For the full year, the streaming giant only added 18.2 million net paid subscribers relative to the record 37 million reported in 2020 as the world stalled over the coronavirus pandemic, with streaming becoming a major source of entertainment.
2021 saw the company’s paid net additions reduce by the highest percentage since 2015. While the company has faced some ups and downs as it tried to grow and become a global brand, it has generally continued to grow its subscriber numbers year over year.
The streaming company first hit one million subscribers in 2001 and hit the 100 million mark 16 years later, in 2017. Netflix’s in-house production of movies and TV Shows has been instrumental to the company’s growth. It’s clear that exclusivity is key, and this is one of the reasons Marvel shows are leaving Netflix (to be exclusively available on Disney+).
In Which Countries Can You Use Netflix?
Netflix is available in many countries around the world, unlike its competitors. The streaming giant is currently available in over 190 countries. As of February 2022, Netflix is not available in only four territories: China, Crimea, North Korea, and Syria. So if you live in any other part of the world, you can access and stream movies and TV Shows on Netflix without any issues using different devices.
What Does the Future Hold for Netflix?
Netflix’s future still looks promising despite the rising competition. What makes the company more resilient is its originals. Exclusivity is important to gaining and retaining subscribers, and Netflix acknowledges this. Netflix has become a production powerhouse, producing lots of new movies and TV shows, and this will only continue to make the streaming juggernaut maintain its competitiveness.
