Netflix's subscription service is growing by leaps and bounds

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Netflix's subscription service is growing by leaps and bounds

Netflix is taking off with new subscribers. In recent years, the company has doubled down on producing original content, and it's proven to be a smart move.

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The number of Netflix subscribers has been growing steadily ever since 2012, from less than 30 million to more than 120 million last year. As this chart by Statista shows, which is based off of Netflix's own information, the company's most marked growth has been with its overseas subscribers. And the company is predicting that its subscriptions will continue to increase: According to its internal predictions, Netflix anticipates even more growth over the course of 2018.

Chart of the day

Jenny Cheng/Business Insider

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