AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Latin America OTT TV & Video Forecasts to 2024 - ResearchAndMarkets.com

April 5, 2019

DUBLIN--(BUSINESS WIRE)--Apr 5, 2019--The “Latin America OTT TV & Video Forecasts” report has been added to ResearchAndMarkets.com’s offering.

Latin American SVOD subscriptions are forecast to reach 51.10 million by 2024; almost double the 27.12 million recorded at end-2018. The top six regional platforms will account for 85% of the region’s paying SVOD subscribers by end-2024.

Netflix will remain the largest pan-regional SVOD platform by some distance, with an expected 26.30 million paying subscribers in 2024 - or half the region’s total (down from a two-thirds share in 2018).

Simon Murray, an analyst said: The Latin America OTT TV and Video Forecasts report only covers paid-for services. Several mobile and pay TV operators provide free and limited SVOD platforms to their top paying subscribers. This stifles pay SVOD take-up.

OTT TV episode and movie revenues for 19 Latin American countries will more than double to $8.25 billion in 2024; up from the $3.33 billion recorded in 2018. SVOD will remain the region’s largest OTT revenue source; contributing $6 billion by 2024.

Brazil will remain the SVOD revenue leader by 2024 - supplying 40% of the regional total. Mexico will provide another 24%, so Brazil and Mexico will together take two-thirds of the region’s SVOD revenues by 2024.

Key Topics Covered:

The report comes in three parts:

  • Outlook: Subscriber forecasts and bullet points for 19 countries in a visually-appealing 43-page PowerPoint document;
  • Forecasts: Excel workbook covering each year from 2010 to 2024 for 19 countries by household penetration, by SVOD subscribers and by OTT revenues for movies and TV episodes. As well as summary tables by country and by platform;
  • Insights: Detailed country-by-country analysis in a 60-page PDF document.

Companies Mentioned

  • Amazon Prime Video
  • Blim
  • Cabletica
  • Claro Video
  • Fox Play
  • Fox+
  • Globo Play
  • HBO
  • Movistar PlayFlow fixed
  • Netflix
  • Tigo Play

For more information about this report visit https://www.researchandmarkets.com/r/nnbjl9

View source version on businesswire.com:https://www.businesswire.com/news/home/20190405005196/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Televisions and Television Services ,Video on Demand

KEYWORD: SOUTH AMERICA

INDUSTRY KEYWORD: ENTERTAINMENT TV AND RADIO

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 04/05/2019 08:24 AM/DISC: 04/05/2019 08:24 AM

http://www.businesswire.com/news/home/20190405005196/en