Latin America will have 116 million SVOD subscriptions by 2026.
This, according to the latest report by Digital TV Research, this will be up from the 53 million recorded at the end of 2020. Brazil will contribute 44 million to the 2026 total, followed by Mexico with 29 million.
Commenting on the findings of the report, Simon Murray, principal analyst at Digital TV Research, said: “There will be a wave of major SVOD platform launches in Latin America during 2021. Paramount+ will start in March, followed by HBO Max and Star+ in June. Discovery+ is also expected to expand in the region”.
Five US-based platforms (Netflix, Amazon Prime Video, Disney+, Apple TV+ and HBO) will account for 90% of the region’s paying SVOD subscriptions by the end of 2026.
For more information on the Latin America OTT TV and Video Forecasts report, please contact: Simon Murray, simon@digitaltvresearch.com, Tel: +44 20 8248 5051