Conducted by PSB Research, a leading global insights consultancy, the study examined SVOD trends over a period from January 2019 to May 2020, covering two key phases – the COVID-19 situation that led to lockdowns and Ramadan, when home-entertainment typically spikes in the region. The findings were presented in a detailed report launched today at a virtual media briefing by Maaz Sheikh, Co-founder and CEO of STARZPLAY, attended by senior officials of the company.
The report presents streaming video trends under three broad divisions: SVOD in the New Reality (following the COVID-19 crisis), SVOD Growth Trends during Ramadan, and Overall Content & Consumption Trends.
Each offers compelling insights on how the entertainment landscape has been transformed by STARZPLAY, a homegrown platform that records year-on-year and durable growth in its number of unique users.
The UAE is the largest growth market for STARZPLAY with users growing 70 per cent year-on-year and the number of hours by user increasing nearly 80 per cent. The nation also has one of the lowest ratios of new subscribers to carry-over users even during COVID-19, a strong indicator of growth via retention and the future potential of the market in addition to an increase in STARZPLAY content consumption on TV during COVID-19.
Maaz Sheikh said the independently conducted study by PSB provides new and informed insights on how the region has adapted to streaming video and the growing popularity of STARZPLAY’s balanced portfolio of content, both in Arabic and English.
“COVID-19 has fundamentally altered how entertainment is consumed in the region, as elsewhere across the world,” said Maaz Sheikh. “As the region’s pioneering and homegrown SVOD platform, we are honoured to be at the forefront in this truly revolutionary growth. Our year-on-year growth is led by our focus on meeting the aspirations of our subscribers by offering content that is truly relevant to them, and by deploying breakthrough technology such as our advanced recommendation engines. The findings will enable us to hone our content and offering further and assure greater value to our subscribers.”
David James, Senior Vice President of PSB, added: “This comprehensive study of streaming video trends gives us a unique understanding of entertainment choices among consumers in MENA during COVID-related quarantines. The extensive data made available by STARZPLAY allowed us to evaluate changing consumption patterns among their subscribers – both new and carryover – to better understand emerging realities in SVOD consumption.”
In top findings, the study observes that STARZPLAY has recorded strong and sustained growth in the number of unique users from 2019, peaking at 141 per cent during the peak of COVID-19, when severe travel restrictions and lockdowns were enforced in key markets. Between January 2019 and April 2020, STARZPLAY’s active user base increased by 141 per cent, the growth gaining traction from January 2020 (42 per cent), February (41 per cent), March (89 per cent) and April (141 per cent).
The direct influence of COVID-19 on STARZPLAY’s user base was also evaluated. The number of new subscribers across all markets increased by 58 per cent between February and April 2020 and continued to maintain growth levels in May, higher than the pre-COVID months.
The key finding on consumption trends during Ramadan is that while Ramadan 2019 had the lowest usage by STARZPLAY subscribers during the year, 2020saw streaming levels spike. A week-on-week comparison of the four weeks Ramadan in 2019 and 2020, indicate a significant surge in consumption of STARZPLAY content by its users. The total consumption of STARZPLAY content during Ramadan 2020 more than tripled comparedto the same period in 2019.
In overall content and consumption trends, STARZPLAY reinforced its position as a primetime player in entertainment with the bulk of viewing taking place during evening and night. Further, though English content remains the dominant choice, Arabic content doubled its share of total consumption reaching a peak in the early stages of the pandemic. On average, the hours streamed in Arabic has increased from just about 5 per cent in January 2019 to about 10 per cent in January 2020. Five times more Arabic content was streamed during COVID-19 months than at the start of the year.