Some other estimates put Netflix’s base in India at between 1 million and 2 million.
The company doesn’t provide data for individual markets.
“Netflix is in a land grab to capture as many subscribers as possible, whatever the price,” said Michael Pachter, a managing director at Wedbush Securities Inc.
How many subscribers Netflix has in India?
IHS Markit estimates that Netflix has 1.2 million subscribers in India, less than half of Hotstar’s 3.0 million. Amazon (AMZN) Prime Video has 2.5 million subscribers in the country. Although currently overshadowed in India, Netflix has not surrendered to the competition.
How many subscribers does Netflix have?
The jump, which puts it at 139 million subscribers worldwide, was a record for the streaming giant and ahead of the 7.6 million paid additions it previously forecast. Broken out, Netflix added 1.53 million subscribers in the U.S. and 7.31 million subscribers internationally.
How many subscribers does Netflix have in 2019?
Netflix expected to add 5 million subscribers in the second quarter of 2019.
Is Netflix doing well in India?
For Netflix, being a premium service in India has its perks. Netflix is earning 20 times more money per user than India’s most popular video streaming platform, Hotstar. As of March 2019, Netflix’s monthly average order value (AOV) in India was Rs640 ($9.36) per customer, or nearly Rs8,000 per annum.