LATIN AMERICA | CASE STUDY |
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| OTT VOD Services Expected to Grow by 924% |
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The Dataxis consulting company has reported that over 11.5 million online streaming accounts are expected to be created in Latin America within the next five years.
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Consulting company Dataxis has prepared a report on the future of the video streaming market by the end of 2016 across Latin America's seven most important markets: Argentina, Brazil, Chile, Colombia, Mexico, Peru and Venezuela. According to the report, 11.5 million new accounts will be added by 2016, pushing the total to 12.8 million accounts within the region, which translates into a 924% increase in just five years.
OTT services in Latin America appeared in 2009 and skyrocketed by 2011. 15 OTT's exist nowadays, which offer VOD services: Netflix, Terra and Totalmovie cover the entire region, and America Móvil and Bazuca intend to reach the same status.
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