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Netflix continues to dominate the U.S. streaming video service landscape, and is making tremendous inroads with subscribers globally after expanding to 130 more countries in January 2016 to bring its total to 190 countries. Even though it doesn’t have direct access to customers in China, where the opportunity is obviously massive, and there are some growing concerns for the Russian market, a new report indicates Netflix is on a significant roll in most of the world.

Digital TV Research is predicting Netflix will have 128 million subscribers by 2022, which the firm says in a new report is up by 44 percent from 89 million at the end of 2016. The forecast also estimates the number of international subscribers will exceed those in the United States by early 2018.

“This impressive growth comes despite Netflix not having direct access to subscribers in the world’s largest country: China. Furthermore, Digital TV Research believes that Netflix will fall foul of Russian legislation. Due to be introduced in July 2017 this restricts foreign companies to only 20 percent of digital platforms’ equity,” Simon Murray, principal analyst at Digital TV Research, says.

The research firm also suggests North America and Western Europe will together supply 72 percent of Netflix’s total subscriber base by 2022, which is down from 81 percent in 2016. The Asia Pacific region will have more than 10 million subscribers by 2022 − nearly triple the 2016 total, the report says.

Additionally, Digital TV Research predicts the top five countries will supply two-thirds of Netflix’s subscribers by 2022, and the United States will still contribute 44 percent of subscribers by then. It also forecasts that by 2022, 17 countries will have more than 1 million subs, up from 10 countries at the end of 2016.

As for the potential in China, Netflix lowered its expectations and has been moving toward a licensing model there. That includes recent news about a deal with iQiyi, a Chinese video portal, which you can read more about here.

“We still have a long term desire to serve the Chinese people directly, and hope to launch our service in China eventually,” Netflix reported back in October.

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