It is becoming clearer these days that even after peaceful coexistence for a couple of years, video streaming services will upend DVDs and Blu-rays in the long run, or nonetheless force them into a niche existence. Although the physical formats were considered to be immensely superior in terms of sound and image quality in the initial days of streaming 4K streaming with Dolby Atmos sound is no longer a problem, all thanks to high-bandwidth broadband and mobile connections.
In addition, vastly used streaming services like Netflix, Disney+ or Apple TV+ offer access to vast libraries of content that is one touch of a button away. It is nowadays easier than ever to watch your favorite content on the big screen as well, and the credit goes to smart TVs and streaming devices. Even though there will always be collectors who have a preference for physical media or people in rural areas with bad internet connections, it is clear that the accessibility and flexibility of streaming has made it the most desired method of watching video content for most people.
The findings from Statista Consumer Insights reveal that DVD
and Blu-ray are quickly spinning out of fashion all over the globe, with the
share of respondents who watched video from a physical format declining,
sometimes significantly, in all major markets.
Infographic by: Chart: statista