The market is taking off at interesting pace, with actors progressively established such as Netflix, America Movil's Claro Video, Telefonica's Movistar Play, HBO Go, Televisa's Blim and Millicom's Tigo Play.
Market estimates are exciting. According to the Latin America OTT TV &
Video Forecasts report, OTT TV and video revenues in Latin America (for 18
countries) will reach $3.59 billion in 2021; up from $32 million recorded in
2010 and more than triple the $1.15 billion in 2015.
Research and Markets predicts that, SVOD (subscription video on demand) will
remain the region's largest OTT revenue source; contributing $2,093 million by
2021 (or 58% of the total), up from next to nothing in 2010.