The rise of video-on-demand (VoD) and streaming has revolutionized the entertainment industry in Argentina. As technology continues to evolve, more and more Argentines are turning to these platforms for their audiovisual content needs.
According to market research, the VoD market in Argentina is projected to reach a revenue of 606 million dollars by 2024, with a compound annual growth rate (CAGR) of 6.94% from 2024 to 2027. This growth is largely driven by the increasing number of users, which is expected to reach 21.3 million by 2027, accounting for nearly half of the country’s population.
In addition to VoD, the video streaming market in Argentina is also growing rapidly, with projections indicating that it will reach 10.1 million users by 2027, representing around one fifth of the population. To deliver high-quality video content to millions of Argentines, companies must have access to fiber networks and high-performance data centers located close to their customers.
Leading media and entertainment companies are using cloud technology to create custom applications and streamline workflows for a better user experience. The development of on-demand content requires significant computing capacity and energy consumption, leading to new job opportunities and added value in the industry.
As technology continues to advance, companies are investing heavily in new technologies to meet the growing demand for video content in Argentina. In this rapidly changing landscape, technology, connectivity, and user experience are critical factors driving the industry forward.
Overall, VoD and streaming have become an integral part of entertainment culture in Argentina, providing new ways for people to access audiovisual content on demand. As these technologies continue to evolve and improve over time, we can expect even more exciting developments in this fast-growing industry.
