In early 2019 bittorrent’s website views fluctuated between ~6M to ~9M. Now it’s around 3M to 4M.
In early 2019 utorrent’s visits fluctuated between ~26M to ~75M. Now it sits around 25M to 21M.
The fact that there were far more captures in early 2019 for both of them might be an indication that this was their peak, and while visits have reduced since then they’re far from dying.
Streaming services may be part of the reason, though I also think it’s because many games and software have switched to freemium & microtransactions so spending money is optional, along with the fact that free and open source alternatives to mainstream software have become more robust and popular. When I was a kid I torrented Sony Vegas, but now that’s simply not necessary since we have DaVinci Resolve.
BitTorrent is No Longer the ‘King’ of Upstream Internet Traffic (torrentfreak.com)