LatAm OTT revenues to climb by $4 billion

Aug. 8, 2018
According to Digital TV Research, revenues from over-the-top (OTT) TV episodes and movies in 19 Latin American countries will grow by ...

According to Digital TV Research, revenues from over-the-top (OTT) TV episodes and movies in 19 Latin American countries will grow by $4 billion to $6.43 billion in 2023, up from the $2.47 billion recorded in 2017.

The research house says the top five countries will generate $5.32 billion in revenues by 2023, for 83% of the regional total. Subscription VOD (SVOD) is expected to remain the region's largest OTT revenue source, contributing $4.42 billion by 2023.

Simon Murray, principal analyst at Digital TV Research, said: "We forecast 48.24 million SVOD subscribers by 2023, more than double from the 21.14 million recorded at end-2017. By 2023, 28.4% of the region's TV households will pay for an SVOD package, up from 13.2% by end-2017. Puerto Rico (53.5%) and Mexico (51.8%) will have the highest penetration by 2023. These two countries are the only ones in the region where Amazon Prime operates."

About the Author

BTR Staff

EDITORIAL
STEPHEN HARDY
Editorial Director and Associate Publisher
[email protected]
MATT VINCENT
Senior Editor
[email protected]
SALES
KRISTINE COLLINS
Business Solutions Manager
(312) 350-0452
[email protected]
JEAN LAUTER
Business Solutions Manager
(516) 695-3899
[email protected]

Sponsored Recommendations

The Journey to 1.6 Terabit Ethernet

May 24, 2024
Embark on a journey into the future of connectivity as the leaders of the IEEE P802.3dj Task Force unveil the groundbreaking strides towards 1.6 Terabit Ethernet, revolutionizing...

The Pluggable Transceiver Revolution

May 30, 2024
Discover the revolution of pluggable transceivers in our upcoming webinar, where we delve into the advancements propelling 400G and 800G coherent optics. Learn how these innovations...

AI’s magic networking moment

March 6, 2024
Dive into the forefront of technological evolution with our exclusive webinar, where industry giants discuss the transformative impact of AI on the optical and networking sector...

Coherent Routing and Optical Transport – Getting Under the Covers

April 11, 2024
Join us as we delve into the symbiotic relationship between IPoDWDM and cutting-edge optical transport innovations, revolutionizing the landscape of data transmission.