On November 29, 2018, Netflix announced that they were cancelling Daredevil after 3 seasons. The move coincides with the ending of most of the Marvel shows produced for Netflix at a time when the studio’s parent company, Disney, is looking to launch their own streaming service.
Daredevil was the first of a burgeoning stable of Marvel shows on Netflix, leading the way for Jessica Jones, Luke Cage, Iron Fist, The Punisher, and The Defenders. While technically set in the Marvel Cinematic Universe, the Netflix shows only tangentially referenced the events and the heroes of the movies, sometimes going to great lengths to avoid it.
New Marvel shows will be moving to Disney+ after it launches later this year and those are expected to be more closely tied to the MCU. While it is technically possible for Daredevil to continue on that service, odds are against it.