openPR Logo
Press release

Latin America OTT Platform Market Size, Share by Top Companies And Outlook 2023-2028 | Amazon Prime, Blim, Cabletica, Netflix, Millicom

03-09-2023 09:46 AM CET | Leisure, Entertainment, Miscellaneous

Press release from: IMARC Group

Latin America OTT Platform Market

Latin America OTT Platform Market

The latest report by IMARC Group's, titled "๐‹๐š๐ญ๐ข๐ง ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐Ž๐“๐“ ๐๐ฅ๐š๐ญ๐Ÿ๐จ๐ซ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐†๐ฅ๐จ๐›๐š๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ, ๐’๐ก๐š๐ซ๐ž, ๐’๐ข๐ณ๐ž, ๐†๐ซ๐จ๐ฐ๐ญ๐ก, ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ–", the Latin America OTT platform market size reached US$ 16.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 32.4 Billion by 2028, exhibiting a growth rate (CAGR) of 11.8% during 2023-2028.

Over-the-top (OTT) platform is an app-based service that enables direct streaming of audio, video, and digital media content using the internet and smart devices, such as smartphones, tablets, and smart TVs. It primarily transmits data through the internet, bypassing traditional broadcast distribution. When compared with traditional cable subscriptions, the OTT platform offers more convenience, affordability, and a vast library of content. Some of the popular OTT platforms include Netflix, Amazon Prime Video, and Hulu. With the use of OTT platforms, viewers can stream content indefinitely at their leisure without the need for a multi-system operator to handle distribution. Additionally, they provide more streaming options, including movies, TV shows, music, and documentaries. OTT platforms are widely used in Latin America for a variety of uses, including entertainment, education, health, and fitness.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐š ๐…๐ซ๐ž๐ž ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/latin-america-ott-platform-market/requestsample

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

๐‹๐š๐ญ๐ข๐ง ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐Ž๐“๐“ ๐๐ฅ๐š๐ญ๐Ÿ๐จ๐ซ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The widespread adoption of smart devices and the increasing penetration of the internet are some of the primary factors accelerating the OTT market growth in Latin America. Moreover, the rising demand for premium content and the rapidly expanding media and entertainment industry are bolstering the market growth. Additionally, key OTT service providers are integrating artificial intelligence (AI) to offer customized content and analyze user preferences, which, in turn, is creating a positive outlook for the market. Furthermore, shifting consumer preference toward OTT platforms due to increased convenience, higher connectivity, and better accessibility, the growing affluence of consumers, and the rising popularity of subscription-video-on-demand (SVoD) services are providing an impetus to the market in the region. Additionally, various telecom operators are also collaborating with service providers to provide subscriptions to their users at comparatively lower prices, which is anticipated to fuel the Latin America OTT platform market over the forecasted period.

๐๐ฎ๐ฒ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.imarcgroup.com/checkout?id=3314&method=1

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž ๐ฐ๐ข๐ญ๐ก ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

The competitive landscape of the industry has also been examined with some of the key players.

โ€ข Amazon Prime Video (Amazon.com)
โ€ข Blim (Televisa S.A. de C.V)
โ€ข Cabletica (Liberty Latin America Ltd.)
โ€ข Claro Video (Claro)
โ€ข Fox (Fox Networks Group)
โ€ข Globo Play (Grupo Globo)
โ€ข Home Box Office Inc. ( AT &T Inc.)
โ€ข Movistar Play
โ€ข Netflix Inc.
โ€ข Millicom International Cellular SA.

๐Ž๐“๐“ ๐๐ฅ๐š๐ญ๐Ÿ๐จ๐ซ๐ฆ ๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

The report has categorized the market based on revenue model, content type, streaming device, user type and service vertical.

Breakup by Revenue Model:
โ€ข Subscription Based
โ€ข Advertising Based
โ€ข Transaction Based
โ€ข Others

Breakup by Content Type:
โ€ข Video
o Entertainment and Infotainment
o Food, Travel and Fashion
o Sports Content
โ€ข Audio/Voip
โ€ข Online Gaming
โ€ข Music Streaming
โ€ข Communication
โ€ข Others

Breakup by Streaming Device:
โ€ข Smartphones and Tablets
โ€ข Desktops and Laptops
โ€ข Smart TV's and Set-Top Box
โ€ข Gaming Console
โ€ข Others

Breakup by User Type:
โ€ข Personal
โ€ข Commercial

Breakup by Service Vertical:
โ€ข Media and Entertainment
โ€ข Education and Learning
โ€ข Gaming
โ€ข Health and Fitness
โ€ข IT and Telecom
โ€ข E-commerce
โ€ข Others

Breakup by Country:
โ€ข Argentina
โ€ข Brazil
โ€ข Mexico
โ€ข Uruguay
โ€ข Colombia
โ€ข Chile
โ€ข Peru
โ€ข Others

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐“๐Ž๐‚ & ๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ: https://www.imarcgroup.com/latin-america-ott-platform-market

๐Š๐ž๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:

โ€ข Market Performance (2017-2022)
โ€ข Market Outlook (2023-2028)
โ€ข Market Trends
โ€ข Market Drivers and Success Factors
โ€ข SWOT Analysis
โ€ข Value Chain Analysis
โ€ข Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ:

India E-learning Market: https://www.imarcgroup.com/india-e-learning-market
United States E-learning Market: https://www.imarcgroup.com/united-states-e-learning-market
Asia Pacific E-learning Market: https://www.imarcgroup.com/asia-pacific-e-learning-market
North America Wireless Charging Market: https://www.imarcgroup.com/north-america-wireless-charging-market
Argentina Mobile Wallet Market: https://www.imarcgroup.com/argentina-mobile-wallet-market

Contact Us:

IMARC Group
134 N 4th St.
Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Latin America OTT Platform Market Size, Share by Top Companies And Outlook 2023-2028 | Amazon Prime, Blim, Cabletica, Netflix, Millicom here

News-ID: 2967616 • Views: โ€ฆ

More Releases from IMARC Group

GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: 5.3%
GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: โ€ฆ
GCC Pet Food Market Overview Market Size in 2024: USD 266.2 Million Market Size in 2033: USD 422.9 Million Market Growth Rate 2025-2033: 5.3% According to IMARC Group's latest research publication, "GCC Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC pet food market size was valued at USD 266.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 422.9 Million by 2033, exhibiting aโ€ฆ
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | With a 7.50% CAGR
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | Wi โ€ฆ
GCC Residential Real Estate Market Overview Market Size in 2024: USD 73.31 Billion Market Size in 2033: USD 147.77 Billion Market Growth Rate 2025-2033: 7.50% According to IMARC Group's latest research publication, "GCC Residential Real Estate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC residential real estate market size was valued at USD 73.31 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 147.77 Billion byโ€ฆ
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAGR
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAG โ€ฆ
GCC Drones Market Overview Market Size in 2024: USD 588.2 Million Market Size in 2033: USD 2,005.3 Million Market Growth Rate 2025-2033: 13.3% According to IMARC Group's latest research publication, "GCC Drones Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The GCC drones market size was valued at USD 588.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 2,005.3 Million by 2033, exhibiting a growth rate ofโ€ฆ
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Market Overview: The medical imaging market is experiencing rapid growth, driven by Growing Burden of Chronic and Age-Related Diseases, Expansion of Government-Funded Health Infrastructure and Technological Advancements in Imaging Modalities. According to IMARC Group's latest research publication, "Medical Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global medical imaging market size reached USD 44.5 Billion in 2024. Looking forward, IMARC Group expects the market to reachโ€ฆ

All 5 Releases


More Releases for OTT

OTT Content Market
The emergence of the live streaming trend and virtual reality technology is a great opportunity for major players to develop innovative offerings in the OTT content market. An increase in the adoption of high speed broadband, along with the increasing demand for smartphones and smart televisions is contributing to the growth of the OTT content market. Players in the market are continuously upgrading their product portfolios to meet the increasingโ€ฆ
Over the Top (OTT) Content
Market Overview The Global Over The Top (OTT) industry hit a significant mark in the year 2017. The sector was valued at $97.43 billion in the year 2017 and is expected to grow at a compound annual growth rate of 16.7% between the years 2018 to 2025. By the year 2025, the industry is expected to cross an astounding figure of $332.52 billion marks. The massive growth opportunities have excited investorsโ€ฆ
Over the Top (OTT) Services Market - Reluctance of Customers to Spend on OTT Ser โ€ฆ
The global over-the-top (OTT) services market has been projected in a report by Transparency Market Research (TMR) to witness a rising count of players focusing on inorganic growth strategies such as acquisition of smaller players to gain a competitive edge. However, some of them could also concentrate on improving their product portfolio to attain a position of strength in the market. Google, Apple, and Netflix are among the leading playersโ€ฆ
Global OTT Services Market: Rising Demand for Online and Cloud Services to Make โ€ฆ
OTT services are delivered over internet service providerโ€™s channel, however, they donโ€™t have any involvement in the planning or provisioning of service. As these services are directly offered to consumers โ€˜over the topโ€™ of internet service providerโ€™s network, they have derived the name - over the top services. In response to the proliferation of smartphones and their compatibility with OTT applications, the demand for OTT services is poised to riseโ€ฆ
OTT Services Market: Rising Demand for Online and Cloud Services to Make OTT Ser โ€ฆ
On account of comprising several international and regional players, the global over the top (OTT) services market exhibit a highly fragmented vendor landscape. With established players expanding their footprint across the world, regional companies are finding it increasingly difficult to compete with them in terms of quality, features, and price advantage. According to Transparency Market Research (TMR), several international companies are likely to grow inorganically in the coming years byโ€ฆ
World OTT Video Market 2017 - Telecom Operators, Mobile Operators, Broadcasters, โ€ฆ
The study on OTT Video market presents a comprehensive overview of the global OTT Video market and delves into discussing the growth drivers, restraints, and potential opportunities. It provides an executive level blueprint on the market, with key focus on evaluating the market trends exhibited in the emerging regional markets. In a coherent chapter-wise format the report presents the historical data and statistics of the market and evaluates how theโ€ฆ