Netflix is a leader in media and entertainment in todays world, and this paper takes a comprehensive look at Netflix. This paper provides an in-depth study of Netflixs historical evolution, foundational underpinnings, and key business areas. The research in this paper utilizes a SWOT analysis to thoroughly assess and analyze Netflixs inherent strengths, weaknesses, emerging prospects, and looming challenges. The investigation scrutinizes the cornerstones of Netflixs success, including content innovation, savvy data utilization, efficient distribution network, and cutting-edge technology integration, which have ensured Netflixs success. By extrapolating and analyzing the extensive research and discussions, this paper offers sensible recommendations that offer possibilities for the future of Netflix and chart the trajectory of Netflixs growth. Based on the aforementioned insightful research and discourse, current projections suggest that Netflix is expected to prosper for a decade or more. This assessment emphasizes Netflixs enduring influence and potential for continued prosperity in the ever-changing media and entertainment landscape.
CITATION STYLE
Luo, H. (2024). Predicting Netflixs Future Success by Using SWOT Analysis. Advances in Economics, Management and Political Sciences, 59(1), 94–99. https://doi.org/10.54254/2754-1169/59/20231079
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