Subscription Economy to Be Worth Almost $1 Trillion by 2028
A new study by Juniper Research found that by 2028, subscription economy revenue will reach $996 billion, up from $593 billion in 2024; a substantial rise of 68%.
A new GfK study shed light on one of the most talked-about subjects at this year’s CES conference - Internet (“net“) neutrality. Controversy continues to swirl over the recent FCC decision to allow Internet service providers greater control over the Internet “pipe,“ setting up a marketplace that might come to resemble traditional pay-TV services.
In the GfK survey, roughly half (55%) of all US consumers report that they understand the issue of net neutrality - regardless of whether they are following the neutrality debate closely. Among those who say they do understand net neutrality, 72% favor it - 8 points higher than the figure (64%) among those who feel they do not understand the issue.
Men are much more likely than women - 61% versus 48% -- to report that they understand neutrality; and they are twice as likely (34% versus 17%) to be following neutrality developments in the news and elsewhere. But among those who say they understand neutrality, more women favor it than men (77% versus 68%).
From a political perspective, eight in ten (82%) Democrats who understand net neutrality are in favor of it, as well as 70% of Independents and those in other parties. A majority (56%) of Republican understanders also express support for maintaining net neutrality.
Respondents in the western US posted relatively low levels of support for neutrality. Two-thirds (67%) of those in the West who say they understand neutrality are in favor of it, compared to 76% for those in the Northeast and Midwest.
Among different age groups, a remarkable two-thirds (66%) of 15 to 24 year olds - whom GfK has dubbed the Now Generation - report understanding net neutrality; that stands out from the older groups - 20 percentage points higher than the 65-plus group, and also above the more established Millennials segment (25 to 34 years old), which came in at 57%.