Mexican Video & TV Entertainment Spend set to Reach USD 4.5 Billion in 2014

Key findings of the latest research from Futuresource Consulting that focuses on the Mexican Video & TV Entertainment market

2014-04-26

DUNSTABLE, ENGLAND, April 26, 2014 (Press-News.org) Overall consumer spend on video and TV entertainment in Mexico grew by 9% in 2013 to reach USD$4.2 billion (54.5 billion pesos) and is forecast to reach USD$4.5 billion (58.8 billion pesos) in 2014, according to the latest research from Futuresource Consulting.

"2013 was an extremely strong year for Pay-TV in Mexico - growing by almost two million subscribers (+14%), with consumer spend reaching USD$2.9 billion and a further 10% growth expected in 2014," says Joanna Wright, Senior Market Analyst at Futuresource Consulting.

"This has been driven by an increase across all platforms, as digital cable grew by 790,000, satellite homes 630,000 and IPTV 60,000. Pay-TV is expected to reach 75% household penetration by 2018 in addition, box office admissions grew 6% in 2013, driving revenues up to USD$0.9 billion," says Wright.

The packaged video market remains significant in Mexico and has held up relatively well, but it is starting to suffer, with sell-through video witnessing its first double digit decline in 2013. However, Blu-ray is actually outperforming many markets with one of the strongest growth rates in 2013 (15%), making it the fifth largest market globally (6.5m units in 2013).

Digital video performed well in 2013, growing 91% to USD$86 million, with online video growing particularly well, more than doubling in size between 2012 and 2013. Looking forward to 2018, Futuresource forecasts that the total digital video spend will hit USD$360 million, driven largely by SVoD services but with increased awareness and availability of other services boosting all platforms.

"SVoD accounted for 66% of overall digital spend in 2013 and with 70% growth expected in 2014. Key drivers of this growth were the introduction of Netflix in 2011 and new entrants to the market in 2013 helping further raise awareness of the service. As the broadband infrastructure improves, SVoD services have the potential to generate significant consumer spend in Mexico," says Wright.

Broadband infrastructure has been applying some inertia to the market but it is improving with all major cities having access and broadband penetration reaching 52% in 2013. The New Infrastructure Program (2012-2018) was unveiled in summer 2013 and one of its top priorities is to improve broadband access and speeds which will be a key driver of digital video consumption moving forward.

This 33-page report provides detailed market data from 2011 with forecasts to 2018, covering the following key areas: Packaged Home Video, Pay-TV VoD, Online Video (EST, iVoD, SVoD), Subscription Pay-TV and Box Office. For more information please contact Andy Watson via andy.watson@futuresource-hq.com

Notes
Futuresource Consulting is a specialist research and knowledge-based consulting company, providing organisations with insight into consumer electronics, digital imaging, entertainment media, broadcast, storage media, education technology and IT. With a heritage stretching back to the 1980s, the company delivers in-depth analysis and forecasts on a global scale, advising on strategic positioning, market trends, competitive forces and technological developments. http://www.futuresource-consulting.com.

Authorised use of information
All information provided by Futuresource in any form is proprietary information that belongs to Futuresource and is protected by UK and international copyright law. Except as outlined below, direct or indirect reproduction of information, in whole or in part and by any means, is prohibited without the express written consent of Futuresource.

Members of the press may use a press release in its entirety or take segments from it as necessary; they may also use a graph, a slide, or a section of a supplied research report less than fifty words long, provided all text is identified as "Source: Futuresource Consulting" and all graphics are credited with "Futuresource Consulting, copyright 2014".

Futuresource Media Contact
For industry comment, forecasting and trends contact Andy C Watson on:
Direct Dial +44 1582 500169
Email: andy.watson@futuresource-hq.com
Web: http://www.futuresource-consulting.com

ELSE PRESS RELEASES FROM THIS DATE:

One Hour Air Conditioning and Heating Debuts New Website

2014-04-26

Heating-related repairs the company provides typically fall within five common areas. These areas include thermostat problems, air flow issues often due to faulty belts and fan motors, dirty or clogged filters, pilot light or ignition problems and issues due to lack of proper maintenance. Cooling and air-related repairs typically include the system or unit not working at all or not operating as efficiently as possible, often evidenced by higher utility bills. Pockets of warm air typically indicate the unit or system isn't the right size for the area a customer wishes to ...

500PerMeal Launches TAB IT, A Groundbreaking Debt Calculating App

2014-04-26

500PERMEAL Limited announced today the release of a new mobile app for both iOS and Android designed to allow users to track and verify debts via mobile interface. TAB IT [iOS productivity, FREE promo price; Google Play productivity, FREE promo price] (patent pending) is the innovative app that can be used to track any IOU you have without having to take your wallet out and split the bill to find out what you owe (or is owed to you). The app, conceived and developed in Hong Kong by 500PERMEAL's team, is poised to change the world of mobile debt tracking. TAB IT allows ...

Cardinal Web Solutions Named 56 in Atlanta Business Chronicle's Pacesetter Awards

2014-04-26

Cardinal Web Solutions, a leading Atlanta Internet marketing agency, announced they were named the 56th fastest growing company in Atlanta during the 2014 Atlanta Business Chronicle's Pacesetter Awards. The Atlanta Business Chronicle (ABC) Pacesetter list recognizes the 100 fastest growing private companies in metro Atlanta, GA. Recipients were unveiled on April 26 during the Atlanta Pacesetter Awards Ceremony at Cobb Galleria Centre. Providing innovative digital marketing services for local and national brands, Cardinal Web Solutions increased its revenue by 120 percent ...

Heino Ling is Recognized for his Expertise in Financial Services

2014-04-26

Heino Ling Consulting Services Principal Consultant, Heino Ling, has been recognized for showing dedication, leadership and excellence in financial consulting. After an impressive four decades of professional experience in the financial services field, Mr. Ling brings his exceptional expertise in financial planning and regulatory compliance to his own consultancy, Heino Ling Consulting Services. As principal consultant, he provides clients with financial consulting and advising services, focusing on accountants and other professionals. He also advises on compliance consulting ...

Atlanta Perimeter Hotel Offers Convenient Lodging to Guests Attending Sandy Springs Beer Fest

2014-04-26

Holiday Inn Express & Suites Atlanta Perimeter Hotel (North), located near Perimeter Mall in Sandy Springs, offers convenient lodging to guests attending the Sandy Springs Beer Fest on April 26, 2014. The event will be held from 4-8pm at Heritage Green in the heart of Sandy Springs. Beer lovers can sample more than 100 craft and specialty brews while enjoying great food and live entertainment. Participating breweries include SweetWater Brewing, Jail House Brewing, Red Hare Brewing, and Monday Night Brewing. Tickets are $30 in advance and $40 at the door. Attendees must ...

J. Martinez Points Out that Gourmet Specialty Coffee Tastes Just as Good at Home

2014-04-26

For some people, a daily trip to a gourmet coffee shop is simply a must. They believe that they need fancy equipment and specialty knowledge to create a cup of delicious, high quality coffee, so they spend hundreds of dollars annually to have a barista make them one instead. However, the specialty coffee experts at J. Martinez & Company Coffee Merchants know that if you purchase good beans and treat them properly, you can make gourmet coffee that tastes as good or even better than any cup of joe you could get at a fancy shop--and you can do it in the comfort of ...

Mandela International Film Festival to Drive Economy and Tourism in Eastern Cape, South Africa

2014-04-26

The Mandela International Film Festival set to take place in the Nelson Mandela Bay area in December 2015 will focus the world's film industry in South Africa and attract global interest, not just for the film industry, but also as a major tourism destination. The festival will run from December 3rd - 12th 2015 and has already elicited excitement among stakeholders including Mandela International Film Festival Global Ambassador Dr. Maya Angelou; organizers of the Tribeca Film Festival; Byron Lewis, founder of Uniworld Group; and Producer David Selvan who has produced top ...

4 Tips for "Green" Gardening from Avant Garden Decor

2014-04-26

What can be more natural and beneficial to the earth and the environment than Green Gardening? When gardeners use eco-friendly gardening techniques, they can get better results and save their gardens from damage done by chemicals. A few simple gardening habits are all it takes to get started on the journey to "Green." 1.) Efficient Watering: Cut down on water evaporation and waste by watering your gardens in the early morning or evening. Apply mulch to your garden beds to retain water moisture in your plants while also decreasing weed growth. 2.) Say Goodbye ...

Specialized yoga program could help women with urinary incontinence

2014-04-26

An ancient form of meditation and exercise could help women who suffer from urinary incontinence, according to a new study from UC San Francisco. In a study scheduled to be published on April 25, 2014 in Female Pelvic Medicine & Reconstructive Surgery, the official journal of the American Urogynecologic Society, UCSF researchers discovered that a yoga training program, designed to improve pelvic health, can help women gain more control over their urination and avoid accidental urine leakage. "Yoga is often directed at mindful awareness, increasing relaxation, and relieving ...

Media Alert: Marketplace's Kai Ryssdal Interviews Treasury Secretary Jack Lew

2014-04-26

Today, American Public Media's (APM) Marketplace airs an exclusive interview with Treasury Secretary Jack Lew, conducted by Marketplace host and senior editor, Kai Ryssdal. Secretary Lew spoke to Ryssdal from Detroit where he was observing a government program to remove blighted and abandoned homes. In today's interview, Secretary Lew discusses the impact of US sanctions on Russia, the state of the national economy and the housing market, and government efforts to rebuild Detroit. Members of the media may access a full text story at this link: http://www.marketplace.org/topics/economy/jack-lew-us-treasury-and-detroit Hear ...

Mexican Video & TV Entertainment Spend set to Reach USD 4.5 Billion in 2014

ELSE PRESS RELEASES FROM THIS DATE:

LAST 30 PRESS RELEASES: