OTT TV episode and movie revenues for 19 Latin American countries will increase by US$7 billion between 2023 and 2029 to reach US$17 billion, Digital TV Research revealed in its latest report.
The episode and movie revenues will reach $82 billion in 2029, up from $74 billion in 2023. SVOD revenues will increase by only $2 billion to $55 billion, with little growth from 2025.
FAST is a global phenomenon that is challenging the dominance of SVOD, PVOD, and other video consumption models. The Latin American region is no exception to this upward trend, as data from the Amagi revealed.
Barb has released data from its “Establishment Survey” showing that 65.9% of UK households had access to a subscription video-on-demand service in the second quarter of 2023.
There will be 28 million SVOD subscriptions across 13 Arabic countries by 2029, up from 15 million in 2023, Digital TV Research revealed in its latest “Middle East and North Africa OTT TV and Video Forecasts” report.