Latin America 5g Chipset Market Size & Outlook, 2022-2030
Latin America 5g chipset market, 2019-2030 (US$M)
Related Markets
Latin America 5g chipset market highlights
- The Latin America 5g chipset market generated a revenue of USD 3,428.5 million in 2022.
- The market is expected to grow at a CAGR of 20.5% from 2023 to 2030.
- In terms of segment, rfics was the largest revenue generating type in 2022.
- RFICs is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 3,428.5 million |
| Market revenue in 2030 | USD 15,260.1 million |
| Growth rate | 20.5% (CAGR from 2022 to 2030) |
| Largest segment | Rfics |
| Fastest growing segment | RFICs |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Modems, RFICs |
| Key market players worldwide | Huawei Technologies, MediaTek Inc, Intel Corp, Samsung Electronics Co Ltd, Infineon Technologies AG, Qualcomm Inc, Qorvo Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.2% of the global 5g chipset market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 62,593.9 million by 2030.
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5G Chipset Market Scope
5G Chipset Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 5g chipset 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 chipset market will help companies and investors design strategic landscapes.
Rfics was the largest segment with a revenue share of 44.86% in 2022. Horizon Databook has segmented the Latin America 5g chipset market based on modems, rfics covering the revenue growth of each sub-segment from 2019 to 2030.
The Brazilian government is considering legal ways to exclude Huawei Technologies, a Chinese 5G system integrator & equipment provider, from 5G networks in Brazil. The government is opposing Huawei on the unverified grounds that it discloses classified data with the Chinese government.
However, China is the largest trade partner of Brazil, and therefore, the government is facing strong resistance from industry and within government as well. The mobile operators in Brazil are focusing on getting access to the 6 GHz spectrum, as it is expected to play a vital role in increasing the 5G capacity.
The accessibility of the 6 GHz spectrum will help close the digital divide between the network density and the cost of broadband. The region focuses on three significant aspects: future expansion of 5G using 6 GHz, 5G will continue to enhance digital engagement, and the region needs backhaul.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America 5g chipset market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America 5g chipset market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America 5g chipset market size, by country, 2019-2030 (US$M)
Latin America 5G Chipset Market Outlook Share, 2022 & 2030 (US$M)
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