LatAm OTT market to grow to USD 8 bln by 2025 - study

Thursday 18 June 2015 | 10:31 CET | News
Latin America is set to become a major market for OTT video over the next decade, generating USD 8 billion in annual revenue by 2025, according to new research from TDG. The OTT market will account for 25 percent of all video viewed in Latin America in ten years' time, said the report, with growth driven by the dramatic improvement in broadband availability over the past decade. Consumers between the ages of 18-34 will account for almost two-thirds (65 percent) of all OTT viewing in ten years' time, said TDG, creating tremendous opportunities for OTT vendors such as Netflix, which has

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Categories: Broadcast & Satellite / Internet
Companies: Netflix
Countries: Latin America
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