The Brazil OTT media services market size reached USD 1.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 4.2 Billion by 2033, exhibiting a growth rate (CAGR) of 15.20% during 2025-2033. There are several factors that are driving the market, which include the rising adoption of smartphones, increasing number of internet users, social media influence on individuals, and shift in user behavior.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 1.0 Billion |
Market Forecast in 2033 | USD 4.2 Billion |
Market Growth Rate 2025-2033 | 15.20% |
Rising Adoption of Smartphones
There were as many as 210.3 million cellular mobile connections active in Brazil in the early part of 2024, according to Datareportal. With mobile phones becoming affordable and within everyone's reach, more and more people in Brazil are concentrating on streaming OTT content. In far-flung or underserved regions as well, smartphones are emerging as the go-to gadget for consuming digital content. With smartphones, customers have the ease of consuming content anywhere and everywhere. This convenience is also in line with the increasing demand for on-demand entertainment, which makes OTT services ideal for mobile users. In addition, most OTT providers are also optimizing their platforms for mobile devices. They are providing features such as data-saving modes, adaptive streaming quality, and mobile-friendly user interfaces to improve the viewing experience on smartphones. These accommodations make more users use OTT services on their phones. Aside from this, Brazil's mobile operators tend to have bundled data packages that cover the use of OTT services as well, thus making it financially more viable for consumers to consume content on smartphones. This promotes more users joining the OTT ecosystem, expanding the market.
Increasing Number of Internet Users
According to Trading Economics, there were around 84.15% of people accessing internet services in 2023. There has been a huge growth in internet connectivity in Brazil, especially following the rollout of mobile broadband networks. This expansion is fueled by the prevalence of cheap smartphones, efforts by the government to enhance digital infrastructure, and enhanced coverage of fourth generation (4G) and fifth generation (5G) networks. As increasing numbers of Brazilians have access to stable and fast internet, especially via mobile devices, streaming video content on OTT platforms becomes increasingly accessible. Individuals are opting for on-demand media more and more, as opposed to through traditional TV channels. Furthermore, the better mobile connectivity makes it possible for OTT platforms to penetrate rural and underserved regions.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on type, content type, device type, and revenue model.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes subscription-based (SVOD), advertisement-based (AVOD), and transaction-based (TVOD).
Content Type Insights:
A detailed breakup and analysis of the market based on the content type have also been provided in the report. This includes entertainment, news & sports, and education.
Device Type Insights:
The report has provided a detailed breakup and analysis of the market based on the device type. This includes smartphones & tablets, smart TVs, laptops & desktops, and gaming consoles.
Revenue Model Insights:
A detailed breakup and analysis of the market based on the revenue model have also been provided in the report. This includes subscription revenue, advertising revenue, and hybrid models.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Southeast, South, Northeast, North, and Central-West
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Subscription-Based (SVOD), Advertisement-Based (AVOD), Transaction-Based (TVOD) |
Content Types Covered | Entertainment, News & Sports, Education |
Device Types Covered | Smartphones & Tablets, Smart TVs, Laptops & Desktops, Gaming Consoles |
Revenue Models Covered | Subscription Revenue, Advertising Revenue, Hybrid Models |
Regions Covered | Southeast, South, Northeast, North, Central-West |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |