Latin America Video Streaming Market Size & Outlook
Latin America video streaming market, 2018-2030 (US$M)
Related Markets
Latin America video streaming market highlights
- The Latin America video streaming market generated a revenue of USD 9,488.2 million in 2023.
- The market is expected to grow at a CAGR of 21.6% from 2024 to 2030.
- In terms of segment, fantasy & science fiction was the largest revenue generating genre in 2023.
- Fantasy & Science Fiction is the most lucrative genre segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 9,488.2 million |
| Market revenue in 2030 | USD 37,262.6 million |
| Growth rate | 21.6% (CAGR from 2023 to 2030) |
| Largest segment | Fantasy & science fiction |
| Fastest growing segment | Fantasy & Science Fiction |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Action & Adventure, Thriller & Horror, Fantasy & Science Fiction, Drama, Documentaries |
| Key market players worldwide | Akamai Technologies Inc, Amazon.com Inc, Apple Inc, Cisco Systems Inc, Alphabet Inc Class A, Kaltura Inc, Netflix Inc, International Business Machines Corp, The Walt Disney Co |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.9% of the global video streaming market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 23,903.8 million by 2030.
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Video Streaming Market Scope
Video Streaming Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America video streaming market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to video streaming market will help companies and investors design strategic landscapes.
Fantasy & science fiction was the largest segment with a revenue share of 27.81% in 2023. Horizon Databook has segmented the Latin America video streaming market based on action & adventure, thriller & horror, fantasy & science fiction, drama, documentaries covering the revenue growth of each sub-segment from 2018 to 2030.
In South America, many subscription VOD services are expanding due to its growing market scenarios, particularly in countries like Brazil and Argentina. For instance, Netflix, Inc. has been dominant in Brazil, one of the biggest OTT (Over-TheTop) markets in the region.
Pay-T V service providers, such as Bandeirantes, Globo, FOX, Globosat, and HBO, are launching their own OTT services after Netflix, Inc.’s potential head start in the region. However, Netflix, Inc., YoutTube, and iTunes are expected to remain dominant players in the region due to their early entries.
Due to the presence of several tech-media start-ups in Brazil, South America regional market is expected to demonstrate substantial growth in AI in the video streaming industry.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America video streaming market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America video streaming market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America video streaming market size, by country, 2018-2030 (US$M)
Latin America Video Streaming Market Outlook Share, 2023 & 2030 (US$M)
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