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The Future of Video Streaming in Latin America

Despite having limited broadband penetration and high levels of piracy, OTT will lead LATAM growth. Statista recorded the user penetration for OTT services in the region at 9.7% in 2016, which is expected to reach 15.7% by 2021. At a CAGR of 15.1%, and an ARPU of US$15.44, the LATAM video on demand market is forecasted to grow some double in revenues from US $425 million in 2016 to US $859 million in 2021.

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