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OTT TV and video thrives in Latin America

In Latin American (LATAM) countries, revenues from OTT TV and movies are expected to hit $4.60 billion in 2022. This is a rise from $1.87 billion in 2016. SVOD will continue to be the region’s largest OTT revenue source amounting to $2.86 billion by 2022 (62% of the total). By 2022, as per OTT TV …

Time spent in streaming videos on smartphones

Video streaming is happening on more than 80% of all smartphones. People aged under 25 consume twice the amount of time streaming videos than those over 25. The younger lot use YouTube for an average of 14 minutes a day compared to just 7 minutes of the older generation. Netflix is consumed on an average …

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