Latin America 5G Devices Market Size & Outlook, 2025-2030
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Latin America 5G Devices Market, 2019-2030 (US$M)
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Latin America 5g devices market highlights
- The Latin America 5g devices market generated a revenue of USD 19,917.4 million in 2024.
- The market is expected to grow at a CAGR of 36% from 2025 to 2030.
- In terms of segment, phones was the largest revenue generating form factor in 2024.
- Laptop is the most lucrative form factor segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 19,917.4 million |
| Market revenue in 2030 | USD 117,710.6 million |
| Growth rate | 36% (CAGR from 2025 to 2030) |
| Largest segment | Phones |
| Fastest growing segment | Laptop |
| Historical data covered | 2019 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Phones, CPE, Modules, Hotspots, Switches, & Routers, Laptop, Tablets, Others (USB Modems, In-vehicle routers/modems/hot-spots) |
| Key market players worldwide | ZTE Corp Class H, Samsung Electronics Co Ltd, Xiaomi Corp Class B, Sony Group Corp ADR, D-Link, Huawei Technologies, Nokia Oyj, Inseego, HTC Corp DR |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.4% of the global 5g devices market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 340,694.0 million by 2030.
The 5G devices market in Latin America is poised for substantial growth, with a forecasted 5G penetration of 11% by 2025, according to a recent GSMA report. By 2030, 5G is expected to account for 57% of total mobile connections across the region, up from just 2% today.
Key countries like Chile, Brazil, Mexico, Uruguay, and Argentina are leading the charge, with 5G expected to reach double-digit penetration in these markets by 2025. This growth is driven by expanding 5G infrastructure and increasing demand for 5G-compatible devices, which are enabling faster data speeds and more efficient connectivity.
As adoption accelerates, the Latin American 5G devices market will experience a significant boost, contributing to digital transformation across industries.
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Publish Date: Apr 10, 2025
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5G Devices Market Scope
5G Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sony Group Corp ADR | View profile | 113,000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | www.sony.com |
| Xiaomi Corp Class B | View profile | 33,627 | Anningzhuang Road, Xiaomi Campus, Haidian District, Beijing, China, People's Republic of | www.mi.com |
| Samsung Electronics Co Ltd | View profile | 124,804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | www.samsung.com |
| D-Link | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | www.dlink.com/ |
| Nokia Oyj | View profile | 86,700 | Karakaari 7, Espoo, Finland, FI-02610 | www.nokia.com |
| ZTE Corp Class H | View profile | 72,093 | ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, China, People's Republic of, 518057 | www.zte.com.cn |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | huawei.com |
| HTC Corp DR | View profile | 17,575 | No. 23, Xinghua Road, Taoyuan District, Taoyuan, Taiwan, 330 | www.htc.com |
| Inseego | View profile | 251-500 | San Diego, California, United States, North America | www.inseego.com/ |
| Askey Computer | View profile | 5001-10000 | Taipei, T'ai-pei, Taiwan, Asia | www.askey.com.tw |
Latin America 5G Devices Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 5G Devices Market Outlook will help companies and investors design strategic landscapes.
Phones was the largest segment with a revenue share of 79.4% in 2024.
Horizon Databook has segmented the Latin America 5g devices market based on phones, cpe, modules, hotspots, switches, & routers, laptop, tablets, others (usb modems, in-vehicle routers/modems/hot-spots) covering the revenue growth of each sub-segment from 2019 to 2030.
The 5G devices market in Latin America is poised for substantial growth, with a forecasted 5G penetration of 11% by 2025, according to a recent GSMA report. By 2030, 5G is expected to account for 57% of total mobile connections across the region, up from just 2% today.
Key countries like Chile, Brazil, Mexico, Uruguay, and Argentina are leading the charge, with 5G expected to reach double-digit penetration in these markets by 2025. This growth is driven by expanding 5G infrastructure and increasing demand for 5G-compatible devices, which are enabling faster data speeds and more efficient connectivity.
As adoption accelerates, the Latin American 5G devices market will experience a significant boost, contributing to digital transformation across industries.
- Latin America 5G Devices Market Form Factor Outlook (Revenue, USD Million , 2019-2030)
- Phones
- CPE
- Modules
- Hotspots, Switches, & Routers
- Laptop
- Tablets
- Others (USB Modems, In-vehicle routers/modems/hot-spots)
- Latin America 5G Devices Market Spectrum Outlook (Revenue, USD Million , 2019-2030)
- sub-6 GHz
- mmWave
- sub-6 GHz + mmWave
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America 5G Devices Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America 5G Devices Market Outlook from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Latin America 5G Devices Market, 2019-2030 (US$M)
Latin America 5g devices market statistics, by form factor, 2019-2030 (US$M)
